renewable energy sources
Germany spearheads wind power development in Europe in 2023
28 February 2024 - Germany is spearheading wind power expansion in Europe, while Greece and Turkey have the strongest performances in the Balkans
Project launched in Albania for production of battery energy storage systems
27 February 2024 - Vega Solar agreed with an unnamed Indian company to build the first lithium ion battery factory in Albania
EBRD reiterates commitment to Western Balkans decarbonization
27 February 2024 - EBRD intends to expand its activities in the Western Balkans, but it warned that private investment and EU funding imply reforms
IFC approves loan for Serbia’s largest biomass CHP project to decarbonize paper industry
26 February 2024 - IFC facilitated a loan package of EUR 106 million for Serbian tissue paper producer Drenik ND, which is about to build a biomass CHP plant
Viktor Andonov joins Belgrade Energy Forum 2024 in May: ESM earmarks EUR 1 billion for decarbonization
26 February 2024 - Viktor Andonov from North Macedonia's power utility Elektrani na Severna Makedonija (ESM) will participate at Belgrade Energy Forum 2024
Turkish company Zorlu Energy initiates IPO of its renewables subsidiary
23 February 2024 - Zorlu Renewables, the largest geothermal power plant operator in Turkey, is preparing for a stock market debut
EIB Global approves loan to EPBiH for Vlašić wind power plant
22 February 2024 - EIB Global formally approved a EUR 36 million loan for the Vlašić wind power project near Travnik in Bosnia and Herzegovina
Serbia’s Đedović: We have billions under our feet in strategic minerals
22 February 2024 - Strategic minerals must be used in the best interest of the economy, according to Serbia's Minister of Mining and Energy Dubravka Đedović
Power grids require investing USD 3.1 trillion by 2030 to limit global warming
21 February 2024 - Outdated and inadequate power grids are one of the most significant stumbling blocks for the energy transition, Rystad Energy warned
Monsson to merge its wind farm, PV unit in Romania into hybrid power plant with storage
20 February 2024 - Monsson Group is developing a hybrid wind-solar-storage project with the largest battery energy storage system in Romania
GGF deepens cooperation with UniCredit Bank Serbia with EUR 50 million renewables loan
20 February 2024 - UniCredit Bank Serbia obtained a EUR 50 million loan from GGF for utility-scale renewables projects, strengthening its ties with the fund
EU approves EUR 6.9 billion in state aid for hydrogen infrastructure
19 February 2024 - Strategic hydrogen project IPCEI Hy2Infra, which seven EU member states developed jointly, got a green light from the European Commission
EU agrees law supporting domestic manufacturing of net zero technologies
08 February 2024 - The Net Zero Industry Act, NZIA, will be aimed at enabling EU manufacturing capacity for net zero technologies to reach at least 40% of demand by 2030
EU proposes 2040 emissions cut target of 90%, spelling end of coal
07 February 2024 - The European Commission published an impact assessment on possible pathways toward making the European Union climate neutral by 2050
Testing starts at GGF-backed Blue 1 solar power plant in Albania
07 February 2024 - TÜV Nord is testing the first of two parts of Project Blue in Fier in western Albania. Blue 1 has 67.5 MW in peak capacity.
Kosovo* to subsidize solar panels for prosumers, solar thermal systems
07 February 2024 - Kosovo* is using an EU grant for public calls for families and firms to install solar power panels and solar thermal collectors