Hybrid solar cuts levelized cost of electricity 10% compared to standalone projects
Hybrid solar supports system flexibility, improves the cost-effectiveness of an asset, and makes energy generation more reliable
IEA’s Global Energy Review: Electricity use is growing rapidly, driven by heatwaves, electrification, data centers, AI
Global energy demand grew at a faster-than-average pace in 2024, according to the IEA’s Global Energy Review
European wind industry to need 200,000 new workers
The European wind industry is set to expand from 370,000 jobs today to 600,000 by 2030, according to WindEurope
Romania rejects Brussels advice, sets 2030 renewables target at 38.3%
The country didn’t accept the European Commission's recommendation to raise the target share of renewables in energy consumption to 41%
Investors plan 17,500 MW of new renewable energy capacity by 2033 in Bulgaria – TSO
The majority, 85% of 17,500 MW of renewable energy projects, are for solar power plants, the country's TSO ESO said
Wind, solar outpace fossil fuels for first time in EU electricity mix
Wind and solar have reached a combined share of 30% of electricity generation in the EU in the first six months of 2024, according to Ember
Global energy emissions, fossil fuel use hit all-time highs in 2023
Global emissions from energy increased 2% year on year in 2023, exceeding 40 gigatons of CO2 for the first time ever
Alcazar secures USD 50 million from US DFC for investments in Western Balkans, other markets
The US International Development Finance Corporation said it has finalized a landmark USD 50 million equity investment in Alcazar
