RES
Wind Farm Crni Vrh Worth EUR 100 Million One Step Closer To Construction
The wind farm Crni Vrh, which will be located on the tripoint between Zagubica, Bor and Majdanpek, is a step closer to construction. The carrier of the project, “CRNI VRH POWER” d.o.o. Zagubica, has filed the request for giving approval for…
Shell to Build Europe’s Largest Renewable Hydrogen Plant
Shell, the Anglo-Dutch oil and gas company, plans to build Europe’s largest green hydrogen plant in Rotterdam, which will become operational in 2025, the energy giant announced on Wednesday (6 July). According to a statement by Shell, the new hydrogen…
EBRD and EU to Support Transition to Solar Energy in North Macedonia
Decarbonisation plans in North Macedonia are taking a big leap forward. The European Bank for Reconstruction and Development (EBRD) is lending EUR 25 million to ESM, the state-owned electricity company, to build a 30 MW photovoltaic (PV) project consisting of…
Blue Economy Can Help Members Boost Offshore Renewables
“An important part of the solution to today’s energy crisis may lay with our oceans as a source of local and abundant renewable energy”, said Roland Roesch, Deputy-Director of IRENA’s Innovation and Technology Centre, at the fourth meeting of the…
EU Energy Ministers Endorse Faster Permitting Of Renewables
The EU Energy Ministers have agreed their position on changes to the Renewable Energy Directive and Energy Efficiency Directive, paving the way for faster build-out of renewables and streamlined permitting for wind farms. They agreed the Renewable Energy Directive should…
Stellantis Expands Relationship With Vulcan Energy Becoming Shareholder In Decarbonized Lithium Company
Stellantis N.V. and Vulcan Energy Resources Ltd. today announced Stellantis’ €50 million (A$76 million) equity investment in Vulcan and an extension of the original binding offtake agreement to 10 years. The equity investment will go towards Vulcan’s planned production expansion…
IRENA And OPEC Fund Join Forces To Unlock Investment In Energy Transition
The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) are ramping up efforts to advance renewable energy investment and enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding…