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Economy
EU economy emissions in 2022: down 22 percent since 2008
In 2022, greenhouse gas (GHG) emissions generated by economic activities of EU resident units stood at 3.6 billion tonnes of CO2 equivalents (CO2-eq), indicating a 22 percent decrease compared with 2008. The activities with the highest GHG emissions in 2022 were the manufacturing industry and the supply…
EBRD and EU finance Serbian businesses via OTP Banka Serbia
The European Bank for Reconstruction and Development (EBRD) is providing 60 million euros in financing to OTP Banka in Serbia. As part of the financial package, 10 million euros will be lent through the EBRD’s small and medium-sized enterprise (SME)…
ABB and Gravitricity to collaborate on energy storage systems using end-of-life mine shafts and hoist technology
ABB has signed an agreement with UK-based gravity energy storage firm Gravitricity to explore how hoist expertise and technologies can accelerate the development and implementation of gravity energy storage systems in former mines. Gravitricity has developed GraviStore, an innovative gravity…
List of ship recycling facilities: first renewals of inclusion for yards located outside the EU
Today, the European Commission adopted the 12th edition of the European List of ship recycling facilities. The updated list renews the inclusion of two yards located in Türkiye and one yard located in the USA, after 5 years on the list.…
Financial headwinds for renewables investors: What’s the way forward?
The impressive growth in clean energy investments in recent years has been led by renewable power. Annual spending on solar PV and wind projects has risen by more than USD 300 billion in the last five years, and now accounts…
Fronius Tauro. Designed to perform – also in sustainability
Powerful in any situation: the robust Fronius Tauro inverter impresses not only by offering maximum flexibility in terms of system design, but also by its minimal overall system operating costs. The robust project inverter makes commercial large-scale photovoltaic systems even…
The shift to the green economy leads to big and small transitions
The global shift to net zero will require major structural changes in economies, as well as extensive change in daily lives. The scale of the transition is unprecedented: from the rush to source critical raw materials to the reconfiguration of…