Greece’s biggest power consumer AoG to switch entirely to green energy from 2030
Aluminum of Greece (AoG), the country’s biggest electricity consumer, plans to switch entirely to green energy from 2030, as it signs its last electricity supply deal with Public Power Corporation.
CMS Ukraine: Overview of the hydrogen power industry’s prospects in Ukraine
Until recently, the development of the hydrogen power industry was hampered by the high cost of renewable energy and the insufficient advances in technology.
Greek Green Funds target over EUR 3 billion in investments
The Hellenic Development Bank of Investments (HDBI) has launched a program called Greek Green Funds for venture capital and private equity funds to finance businesses in the sectors of renewable energy production and technology, energy conservation infrastructure, sustainable development, and circular economy. The Greek Ministry of Development and Investments has said the program is expected […]
RWE boosts renewables portfolio to 9 GW after asset swap with E.ON
The major asset swap between RWE and E.ON is finally completed, as RWE took over innogy’s operations and becomes one of the world’s largest producers of renewable energy. The German company now has a renewables portfolio of 9 GW while 2.6 GW is under construction. According to most estimates, RWE is now the second-largest offshore […]
Terna: EUR 11 billion in green energy projects to boost Greece’s recovery
The Greek economy may get an enormous push with EUR 11 billion investments in renewable energy and electricity storage projects in the post-coronavirus era. According to Terna Energy’s Chairman Giorgos Peristeris, fully licensed investments in renewables with a total capacity of 2,400 MW are ready, while an additional 5,800 MW of renewable energy projects obtained […]
Turkey set to boost renewables capacity to 63 GW by 2024, rank 5th in Europe
Turkey is expected to become the 5th biggest renewable energy country in Europe by 2024, and the 11th in the world, with a projected 50% increase in installed renewables capacity, driven mainly by new solar power installations. Turkey is expected to add nearly 21 GW to its overall renewable energy capacity between 2019 and 2024, […]
EPCG to invest EUR 700 million to build new renewables capacities, upgrade other facilities
State power utility Elektroprivreda Crne Gore (ЕPCG) will invest a total of EUR 700 million to build new renewable energy capacities and upgrade its other power generation facilities to bring them into line with environmental standards, with the aim of reducing dependence on imports due to hydrologic conditions, local media reported following a session of […]
Energy transition – A challenge with no historical precedence (part one)
Author: Goran Granić, director of Energy Institute Hrvoje Požar The energy sectors of all countries are facing a great challenge, a transition amid continuous reduction in CO2 emissions, which is a challenge with no historical precedence and which involves all participants in the technological chain of energy management, all citizens, and all economic entities. At […]