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RES
Power-sector Emissions are Set to Fall in 2022. – Thanks to Renewable Energy
Since Russia’s invasion of Ukraine triggered an unprecedented global energy crisis, the world has been turning to other sources of power, besides oil and gas, to meet demand. Renewable energy has seen a promising uptick over the last few years,…
EBRD Helps Montenegro to Scale Up Investments in Renewables
Montenegro plans to increase the share of renewables in its energy mix with a comprehensive programme of renewable energy auctions that will bring private investment into the sector. The European Bank for Reconstruction and Development (EBRD) is helping the Ministry…
EBRD Loans USD 100 Million to Boost Renewables in Turkey
The European Bank for Reconstruction and Development (EBRD) is extending up to USD 100 million in financing to Adnan Polat Enerji Yatirimi A.S. (APEY) as part of a financing package jointly provided by Turkiye Is Bankasi, Turkiye Sinai Kalkinma Bankasi…
EBRD Provides USD 127 Million Loan to Turkey’s Isbank
The European Bank for Reconstruction and Development (EBRD) is providing USD 127 million in new funding to Isbank for on-lending to women-led businesses and to facilitate Turkey’s transition to a green economy. The financing is being made available through the…
EBRD Lends EUR 43 Million to Taaleri-ENCRO JV for Two Wind Farms in Croatia
The European Bank for Reconstruction and Development (EBRD) is helping to speed up Croatia’s transition to clean energy by helping to finance the construction of two new wind farms. The bank is extending a EUR 43 million loan to Kunovac…
Energy Security: France Takes Emergency Measures to Boost Renewables
France gets around 20 per cent of its electricity from renewable sources – 8 per cent from wind energy, but it needs more to meet its climate goals while reinforcing energy security. The war in Ukraine and disruptions in its…
Why Don’t Solar Panels Work as Well in Heatwaves?
Heatwaves are good for generating solar energy – right? Well, yes and no. Recent hot weather has generated record amounts of solar power. Germany broke a new record for solar power generation, and, in the United Kingdom, solar power met…