RES
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Challenges and Opportunities of Renewable Energy by 2030
Countries around the world have recognized the urgent need to increase the capacity of renewable energy sources (RES). It is predicted that, thanks to supportive policies and favorable economic conditions, global RES capacities will rise by the end of this…
Geothermal Energy: The Future of Hungary’s Green Economy
For years, Hungary has ranked among the leading countries in Europe when it comes to the direct use of geothermal energy, with plans for significant expansion by 2030. Moreover, according to the National Concept for the Utilization of Geothermal Energy,…
Highest Annual Growth of Renewables Jobs in 2023, Reaching 16.2 Million
2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the…
OIE Serbia 2024 – The Future Lies in Renewable Energy
On the second day of the OIE Serbia 2024 conference, several panels were held, the first of which was titled Challenges in Financing and Insuring Renewable Energy Projects. During the panel discussion, experts, including bankers and lawyers, discussed the financial…
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…
50.4 Million Euros Secured for the Largest Floating Solar Power Plant in Europe
The trend of increasing solar power capacity is expanding to water surfaces, and one of the largest such projects in Europe is being built in northwestern France. After the project faced financing challenges, construction is now secured through a loan.…
In Germany, More Than 60 Percent of Electricity Comes from Renewable Energy Sources
In the first half of 2024, Germany produced and delivered 220 billion kilowatt-hours of electricity to the grid, which is 5.3 percent less than in the first half of 2023, according to preliminary data from the Federal Statistical Office (Destatis).…