The International Institute for Climate Action (IICA) held its third international Future Green Initiative conference on climate change. The event in Zagreb was dedicated to the role of the business and financial sectors in mitigating climate change....
The Association of Serbian Energy Intensive Industry (ASEII), founded in September 2024, advocates for a coordinated national and regional approach to decarbonization that ensures the process strengthens rather than erodes competitiveness. “We believ...
The technological solutions needed to increase the share of renewable sources in Southeast Europe are already available and accessible, according to Maja Turković, Senior Vice President of CWP Europe. Countries in the region now need to adopt regulat...
Declining energy storage costs and expanding renewables capacity will enable Europe to meet the challenge of intensified electrification and rising consumption, according to Eric Scotto, CEO of Akuo Energy. Thanks to falling costs, renewable energy h...
TPG Rise Climate, the climate investing platform of global alternative asset management firm TPG, has acquired Aurora Energy Research, a global provider of power market forecasting and analytics for critical investment and financing decisions. As par...
Nuclear power plants have the highest construction cost overrun and the longest time delays of all energy projects. In the clean energy sector, the worst marks for violation of set construction cost and timelines go to hydrogen, carbon capture and st...
Slovenian company Soške elektrarne Nova Gorica (SENG) commissioned its first solar power plant – Kanalski Vrh. The facility is at its Avče pumped storage hydropower plant, the only one in the country. Surfaces around large infrastructure such as rail...
Two recycling facilities for solar panels are complete in Greece, while another one is expected to follow soon. The business case behind the investments in recycling is solid, as more and more older solar farms will reach the end of their operational...
The implementation of the European Union’s cross-border carbon tax and an emissions trading system could cause losses for businesses in Bosnia and Herzegovina ranging from BAM 722 million to BAM 3.17 billion (EUR 369 million to EUR 1.62 billion), acc...
A model for Montenegro’s first auction for market premiums for solar power was outlined at an event in the capital Podgorica. The new legal framework for the green energy transition includes guarantees of origin, citizen energy communities and stream...
In addition to the plans for several solar power plants in Trebinje, the city in the far south of the Republic of Srpska is paving the way for a wind farm. Chinese company Zhongbo Group is interested in investing in the project. The Assembly of the C...
Investments in wind power in Turkey are on an upward trajectory – this year they are expected to surpass USD 1.5 billion, translating to 1.5 GW of new capacity, President of the Turkish Wind Energy Association (TÜREB) Ibrahim Erden estimated. Among o...
International Power Supply (IPS), a Bulgarian manufacturer of battery energy storage systems, is about to launch operations at its new facility near Sofia. Its latest model has 8.2 MWh and fits into a standard container. The company plans to double t...
In its new guidelines for the just transition, the Energy Community Secretariat highlighted the lack of policies and measures in its contracting parties in the Western Balkans. The concept implies incorporating a people-centred and regionally tailore...
Serbia plans to invest EUR 88.8 million by 2030, through its just transition action plan, in activities aimed at mitigating the impacts of the planned reduction in coal-based energy production, and ensuring a just transition. The Ministry of Mining a...