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Energy
EU Built 13 GW of Wind Energy in 2024, but 30 GW Annually Is Needed – What’s Slowing Development?
The European Union has set ambitious goals for wind energy, aiming for wind power to account for 34 percent of total electricity consumption by 2030 and over 50 percent by 2050. However, in 2024, the share of wind energy stood…
State of Emergency and Energy Crisis in Moldova – What’s Next?
The Government of Moldova declared a state of emergency in mid-December 2024 to address an energy crisis caused by the interruption of Russian gas supplies. The country found itself in a severe energy crisis following Ukraine’s decision not to renew…
Czechia Updates National Climate and Energy Plan: Focus on Renewable Energy and Nuclear Power
At the end of 2024, the Government of the Czech Republic approved the update of the National Climate and Energy Plan, a joint initiative developed by the Ministry of Industry and Trade and the Ministry of the Environment. The updated…
Germany Sets New Record – 62.7 percent of Electricity from Renewables in 2024
According to an analysis by Germany’s Fraunhofer Institute for Solar Energy Systems ISE, the country achieved a new milestone in 2024, with renewable energy sources accounting for 62.7 percent of net public electricity generation. Last year was particularly favorable for…
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.…