Economy
Wind Turbine Orders and Supply Chain Investments Are Up – But Urgent Action Is Required on Grids, Permitting And Auction Design
In the first half (H1) of 2024 Europe added 6.4 GW of new wind energy capacity: 5.3 GW onshore and 1.1 GW offshore. The EU-27 built 5.7 GW of this: 4.7 GW onshore and 1 GW offshore. Germany built the…
Greenpeace: Investment in Nuclear Power Plants is Expensive
Greenpeace activists from eight countries, during the International Conference on Nuclear Energy for New Europe (NENE), held in Portorož, sent the message, “Nuclear fairy tale, costly reality!” In a referendum to be held in November, Slovenian citizens will vote on…
EBRD Arranges 40.1 Million Euros Financing to Elektroprivreda BiH towards Bosnia and Herzegovina’s Green Transition
The European Bank for Reconstruction and Development (EBRD) is providing a EUR 25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH), the largest public electricity generation and distribution utility in Bosnia and Herzegovina, to develop and construct a 50 MWp…
The Global Climate Finance Centre and IRENA Join Forces to Accelerate Global Climate Finance
The International Renewable Energy Agency (IRENA) and the Global Climate Finance Centre (GCFC), an independent entity focused on catalysing climate investments and solutions globally, announced a strategic partnership to scale-up climate finance and renewable energy initiatives globally. The GCFC helps…
EBRD and EU to Mobilise Up to 100 Million Euros for Critical Raw Materials Investments
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a joint facility to provide equity investments for the exploration of critical and strategic raw materials, aiming to mobilise up to 100 million euros in…
Croatia Invests 200 Million Euros in Electric Vehicle Chargers
To achieve the desired 15 percent share of electric vehicles in the European Union, the EU adopted the Regulation on the Deployment of Alternative Fuels Infrastructure (AFIR) on April 13 this year, which also binds Croatia. Therefore, the Croatian Chamber…
How to Unlock a USD 500 Billion Investment Opportunity in Advanced Energy Solutions and Reach Net Zero
Developing advanced energy solutions including storage, clean fuels, carbon removal and advanced nuclear solutions is key to achieving better outcomes for the climate in the form of low emissions, health via clean air, and the economy through job creation. While…