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The European Union has set ambitious goals for wind energy, aiming for wind power to account for 34 percent of total electricity consumption by 2030 and over 50 percent by 2050. However, in 2024, the share of wind energy stood…

The European Bank for Reconstruction and Development (EBRD) is promoting renewable energy and low‑carbon technologies in Egypt by arranging a syndicated loan worth 275 million USD for the construction and operation of the largest wind farm in Africa. The 275…

In her 2023 State of the European Union speech, Ursula von der Leyen addressed the challenges facing Europe’s wind industry and announced a Wind Power Package to address key bottlenecks: Faster permitting; Better auction design; and Support for skills, finance,…

Wind energy is not a new way of producing renewable energy, as the first commercial wind farms began to be built in the second half of the 20th century. Consequently, a growing number of wind turbines in Europe are nearing…

The construction of the „Kostolac” wind farm is currently underway, set to provide electricity for over 30,000 households. This 144 million euros investment is financed through German development cooperation: KfW Bank has provided a 110 million euros loan, while the…

The wind energy sector in Europe faces significant challenges and opportunities as it prepares for substantial expansion over the next six years. With ambitious climate goals and the need to increase energy independence, the European Union plans to boost wind…

The first wind turbine has been successfully installed at the „Kostolac” Wind Farm. Depending on weather conditions, the installation of the remaining towers will continue as planned. The total capacity of the wind farm will amount to 66 MW, comprising…