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
Slovenia’s Petrol earmarks 35% of investments through 2025 for energy transition
In a diversification push, Petrol will direct over one third of its capital expenditure in the next five years toward the energy transition
City of Kozani objects to 500 MW floating solar power project on Polyfytos lake
Local authorities in Greece's Western Macedonia say the proposed 500 MW floating photovoltaic project would devastate lake Polyfytos
Albania’s KESH to build 5.1 MW solar power plant at Qyrsaqi dam in Vau i Dejës
State-owned KESH intends to build a 5.1 MW solar power plant at one of the three dams at the reservoir of its Vau i Dejës hydropower plant
