Search Results for renewable energy source
Construction Progresses on the „Kostolac” Wind Farm
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…
Hungary’s Green Challenges
In light of the growing challenges of climate change and the energy crisis, European countries are rethinking their energy policies. Hungary, which prides itself on significant reductions in greenhouse gas emissions and the ambition to achieve climate neutrality by 2050,…
How Far Behind Are Airlines in Transitioning to Eco-Friendly Fuels?
A report by Transport & Environment (T&E) highlights the significant challenges facing the aviation industry in adopting sustainable aviation fuels (SAF). According to the report, the majority of airlines (87 percent) are not effectively transitioning to these fuels, which are…
The European Wind Industry Requires 200,000 New Workers by 2030
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…
Number 38 – October 2024
Ecological transport is becoming imperative for building a sustainable future in the modern world. As we face the challenges of climate change and pollution, switching to green modes of transportation is a key strategy to reduce emissions and preserve the…
Montenegro – Construction of the “Gvozd” Wind Farm Begins
The construction of the “Gvozd” wind farm has officially started in Montenegro, marking the first major production facility that Elektroprivreda Crne Gore (EPCG) is building after more than 40 years. The project, initiated in 2019, is valued at 82 million…
Sustainable Banking for a Secure Future
For over two decades, ProCredit Bank has been working diligently to reduce its direct and indirect impact on the environment. Their commitment to achieving zero carbon emissions is reflected in their investments in renewable energy sources and the incentives they…