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Electromobility is already present and is an integral part of the path towards climate neutrality. Although trust in this technology is not yet fully established, this is a natural process of adaptation and familiarization with innovations. Every innovation brings numerous…

The first regional energy exchange for Central and Southeast Europe, ADEX Group, has announced the successful acquisition of the Hungarian Power Exchange (HUPX), laying a solid foundation for enhancing liquidity, integration, and transparency in the electricity market in Central and…

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 European Commission-funded Copernicus Climate Change Service has released its latest monthly climate bulletin. Data for November 2024 confirm a concerning trend of global warming, suggesting that this year is likely to become the hottest year on record. The global…

ABB announced today it has acquired Solutions Industry & Building (SIB), a leading manufacturer of construction industry building products and premium cable glands used to protect critical electrical equipment in industrial, railway and hazardous environment applications. The acquisition of SIB…

The recent Country Climate and Development Report – Montenegro, published by the World Bank, examines the country’s path toward achieving climate goals, emphasizing the need for strategic investments and the implementation of effective policies. Like other Western Balkan countries, Montenegro…

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…