German AE Solar to open solar panel factory in Turkey in April
AE Solar plans to boost the capacity of its solar module plant in Kayseri in central Turkey to 1 GW by the end of the year.
Romanian energy cooperative raising funds from citizens to buy green power supply firm
Individuals can join the first Romanian energy cooperative and invest as little as EUR 102.6 in the purchase of Apuron Energy
Romania’s state energy fund SAPE to buy, expand Dârvari solar park
The SAPE holding included solar power in its investments by reaching a deal to buy the 5 MW Dârvari solar power plant and double it in size
COVID-19 pandemic accelerated slowdown in coal power plant sector
Electricity output from fossil fuels dropped more than from low-carbon sources. The coal power sector showed the greatest weakness in the market.
Germany extends EUR 80.5 million in cheap loans for energy in North Macedonia
KfW Development Bank approved a credit package of EUR 80.5 million and a EUR 2.4 million grant to North Macedonia for ESM's energy projects
IRENA, IHA promote role of sustainable hydropower on path to climate goals
IRENA and IHA argue sustainable hydropower should be incentivized due to its importance for the carbon neutrality push
EnC Energy Transition Tracker: 61% of power output in WB6 still comes from fossil fuels
The Energy Transition Tracker points to slow energy transition momentum and the decarbonization challenge in electricity production and transportation.
Germany plans to abolish renewables surcharge paid by power consumers
Within five years, the item in electricity bills for stimulating green power in Germany could be scrapped. An average family now pays EUR 413 per year