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The EU built a record 17 GW of new wind energy in 2023 – wind now 19 per cent of electricity production
According to WindEurope data, the EU built 17 GW of new wind farms in 2023: 14 GW onshore; 3 GW offshore. These numbers are slightly up on 2022 and are the most...
ABB acquires Sevensense, expanding leadership in next-generation AI-enabled mobile robotics
ABB today announced that it has acquired Swiss start-up Sevensense, a leading provider of AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs). Sevensense was founded in 2018 as a spin-off...
PROCREDIT BANK ON THE ROAD TO CARBON NEUTRALITY
Saving energy, sustainable use of natural resources, less waste and reduction of harmful gas emissions are some of the clearly defined and planned goals of ProCredit Bank. They firmly adhere to internal...
Artificial intelligence improves the efficiency of electric vehicles
Artificial intelligence (AI) plays a significant role in e-mobility and sustainable transport globally, and Serbia is catching up with the world in this area. The application of AI in e-mobility and sustainable...
SOLAR ENERGY —SECURE SUPPLY
Serbia, like the whole of Europe, is working intensively to become energy independent and wants to achieve this with the help of renewable energy sources (RES). To meet the set goals, it...
ABB signs 500 million euros EIB financing to further drive smart and sustainable electrification technologies
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a 500 million euros financing agreement to support ABB’s research and development in its Electrification business...
German companies spend significantly more on climate measures
Companies in Germany are investing more money in climate action measures, according to the German development bank KfW. One in seven euros was spent on climate projects.
At €72.2 billion ($78.3 billion), the...
Governments plan to produce double the fossil fuels in 2030 than the 1.5°C warming limit allows
A major new report published today finds that governments plan to produce around 110 percent more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69 percent more...
Electricity and gas prices stabilize in 2023
After a significant increase in prices that started before the Russian invasion of Ukraine, but skyrocketed through the second semester of 2022, electricity and gas prices are stabilizing. The prices of energy...
Sustainability is driven by consumers
“European companies view sustainability from the perspective of guaranteed long-term income growth, and they believe that a sustainable product can bring them an additional income of as much as 23 per cent...
COOPERATION BETWEEN CEEFOR ENGINEERS AND GERMAN EXPERTS IN THE FIELD OF RES
The engineers of the Ceefor company, in cooperation with the company GOPA – International Energy Consultants (Intec), participated in the organization of a study trip to Germany as part of the project...
EFFICIENCY OF PANELS MADE BY GERMAN PRODUCER LUXOR SOLAR
Luxor Solar has been a manufacturer of photovoltaic modules since 2007, with headquarters in Stuttgart, Germany. Their development and design center is also located there, in which they invest two to three...
Three conditions that will help scale blended finance for nature-positive outcomes
“There is no pathway to limiting global warming to 1.5C without action on protecting and restoring nature,” wrote four architects of the Paris Agreement ahead of the COP15 UN biodiversity conference last December. “Achieving...
Extreme weather is the “new norm”
From mountain tops to ocean depths, the summer of extremes continues. Heatwaves are baking large parts of the northern hemisphere, fuelling unprecedented wildfires and disrupting marine ecosystems. Floods have transformed desert landscapes....
ABB expands partnership with Northvolt to electrify the world’s largest battery recycling facility
ABB and Northvolt are further strengthening their long-standing collaboration in the field of green batteries, an increasingly critical part in the ongoing energy transition. Since 2017, ABB has already delivered key electrification...
Declining electricity consumption in advanced economies is weighing on global demand growth this year
EU electricity demand set to drop to lowest level in 20 years, but with global consumption expected to increase strongly in 2024, growth of renewables is more important than ever.
Overall growth in...