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Siemens Gamesa in Deal to Provide Clean Electricity to 240,000 People in Vietnam
Vietnam has some of the best wind resources in Southeast Asia. In an effort to tap the country’s potential and provide more clean energy to the country, Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the…
Battery Storage Paves Way for a Renewable-Powered Future
Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies…
Clean Energy at the Heart of Stimulus Plans to Counter the Coronavirus Crisis?
The impact of the coronavirus around the world and the resulting turmoil in global markets are dominating global attention. As governments respond to these interlinked crises, they must not lose sight of a major challenge of our time: clean energy…
Under What Conditions Will Clean Energy Become The Norm?
Even as renewables become a more common energy source around the world, they still face major obstacles. Some barriers are inherent with all new technologies; others are the result of skewed regulatory frameworks and marketplaces. Through what confluence of conditions…
Financing the Global Energy Transformation: Green Bonds
Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to drive the world’s transition to a low-carbon economy,…
EBRD and Donors Boost Green Financing in the Region
The Western Balkans is a key region for, and partner in, the EBRD’s green work. South-eastern Europe has huge potential for developing green energy, with its rivers providing hydroelectric power, its mountains and plains enabling wind power, its underdeveloped solarenergy,…
North Macedonia Becomes First Contracting Party to Start Converting Coal Mines to Solar Fields
As part of its efforts to boost renewables and fight air pollution, North Macedonia has initiated the realization of its plans to build solar PV plants on top of a coal mine site in Oslomej, Kicevo. On 11 February 2020,…