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Search Results for renewable energy source
Modernization of Montenegro’s Power Grid with EBRD Support
The European Bank for Reconstruction and Development (EBRD), which has been present in Montenegro since 2006, will provide the Montenegrin Electricity Distribution System (CEDIS) with a 35 million euros loan to support the modernization and digitalization of Montenegro’s power grid.…
Scientists Develop Biofuel from Used Cooking Oil as Efficient as Diesel
A team of researchers from Imperial College London and the Brazilian National Laboratory for Renewable Energy Sources has developed an innovative method for producing biofuel from food waste, such as used cooking oil. Their study, published in the journal Green…
The Path to Sustainability and Environmental Responsibility
Novi Pazar, one of the most picturesque cities in the Sandžak region, has become known not only for its rich cultural and historical heritage but also for its pioneering efforts in environmental preservation. With its dynamic energy and youthful spirit,…
Why Are Sustainable Fuels Not Enough to Reduce Emissions in the Aviation Industry?
In an effort to limit global warming, the European Commission has set an ambitious goal of reducing emissions by 90 percent by 2040 compared to 1990. All industries must take concrete steps to align their operations with this target. However,…
Solar Power Plants – Long-term Profitability
Achieving energy independence has become a crucial issue for many countries and companies. Due to increasing concerns about climate change, instability in the fossil fuel market, and the need to reduce greenhouse gas emissions, renewable energy sources are becoming more…
North Macedonia: Funding Secured for Three Solar Power Plants and Expansion of the Bogdanci Wind Park
The state-owned company Elektrani na Severna Makedonija (AD ESM) is embarking on a new investment cycle in renewable energy sources with the support of a favorable loan from the German development bank KfW. This initiative includes the construction of the…
Global Coal Demand is Set to Plateau Through 2027
After reaching a new high in 2024, global demand for coal is set to level off in the coming years as a surge in renewable power helps to meet soaring demand for electricity around the world, according to an IEA…