Energy
EBRD Supports the Largest Onshore Wind Project in Africa
The European Bank for Reconstruction and Development (EBRD) is promoting renewable energy and low‑carbon technologies in Egypt by arranging a syndicated loan worth 275 million USD for the construction and operation of the largest wind farm in Africa. The 275…
Solar Power Plant “B2 Sunspot” Commissioned in Kikinda
The center of the North Banat District – Kikinda municipality – has gained another pillar of energy security after the trial operation of the “B2 Sunspot” solar power plant began on Friday, December 20. This milestone adds to the wealth…
European solar sector issues yellow card as market data reveals 92 percent growth decline and investment slump
After four years of soaring growth, the EU solar sector has hit its first deployment slowdown of the 2020s, dropping from 53 percent growth in 2023 to 4 percent in 2024. This represents a 92 percent slowdown of solar growth.…
Renewables account for 24.5 percent of EU energy use in 2023
In 2023, 24.5 percent of gross final energy consumption in the EU came from renewable sources, up by 1.4 percentage points compared with 2022. This share is 18 percentage points (pp) short of meeting the 2030 target (42.5 percent), which would require an annual average…
One year since the European Wind Charter: Lots achieved, lots more to do
In her 2023 State of the European Union speech, Ursula von der Leyen addressed the challenges facing Europe’s wind industry and announced a Wind Power Package to address key bottlenecks: Faster permitting; Better auction design; and Support for skills, finance,…
Global Coal Demand is Set to Plateau Through 2027
After reaching a new high in 2024, global demand for coal is set to level off in the coming years as a surge in renewable power helps to meet soaring demand for electricity around the world, according to an IEA…
Technology Breakthroughs are Unlocking Geothermal Energy’s Vast Potential in Countries Across the Globe
With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the world, according to a new IEA report. The report, The…