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EBRD Green Finance in 2021 Hits Record 51 Percent of 10.4 Billion Euros Total
The EBRD’s green financing hit a record 5.4 billion euros, or 51 percent, of total business volume of 10.4 billion euros in 2021. “These excellent results underscore the Bank’s strong dedication to continuing to support its clients in the wake…
New Funds for Saint Nikola Wind Farm
To boost Bulgaria’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) has committed new funds to the 156 megawatt (MW) Saint Nikola wind farm located in the Kavarna region of northeast Bulgaria. The Bank had supported the…
Better Understanding of Rooftop Solar PV Installation Can Support Increased Deployment
The deployment of rooftop solar photovoltaic (PV) systems has increased significantly in recent years thanks to their rapidly declining costs and supporting policies. Solar PV installations can be arranged in smaller configurations for mini-grids or personal use. This is of…
Renewable Electricity Growth is Accelerating Faster than Ever Worldwide, Supporting the Emergence of the New Global Energy Economy
The growth of the world’s capacity to generate electricity from solar panels, wind turbines and other renewable technologies is on course to accelerate over the coming years, with 2021 expected to set a fresh all-time record for new installations, the IEA…
Wind Auctions in Serbia – Final Chapter of the Regulatory Reform
In the second half of November, the authorities intensified their activities on finalization of the regulatory reform of the renewables sector in Serbia commenced in the beginning of the year with work on new Law on Use of Renewable Energy…
Energy Community Meets to Advance Off-Grid Renewables in Pursuit of SDGs and Climate Goals
Organised by the International Renewable Energy Agency (IRENA), the fifth edition of the International Off-grid Renewable Energy Conference (IOREC) will take place virtually next week from 7 to 9 December 2021. Now open for registrations, this year’s IOREC will shed light on the…
Empowering Communities to Reap the Multiple Benefits of Renewable Energy
The participation and ownership by citizens or members of a defined community in a renewable energy project creates local socio-economic value and helps foster more positive attitudes towards renewables. This, in turn, increases citizen support for the energy transition, which…