European heat pump sales drop in 2023, resulting in layoffs
Heat pump sales tumbled 4.7% last year in 14 countries tracked by the European Heat Pump Association (EHPA)
OMV Petrom obtains EU funding for two green hydrogen plants
OMV Petrom is stepping up its decarbonization efforts with projects for two green hydrogen production units at its Petrobrazi refinery
Kacır: Turkey is No. 1 producer of solar panels in Europe
Turkey will continue incentives for renewables and roll out an emissions trading system, Minister Mehmet Fatih Kacır said
Germany spearheads wind power development in Europe in 2023
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
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
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
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
Viktor Andonov from North Macedonia's power utility Elektrani na Severna Makedonija (ESM) will participate at Belgrade Energy Forum 2024