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Search Results for renewable energy source
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…
New Study Reveals the Best Locations for Building Solar and Wind Power Plants
In an era of rapid transition to renewable energy sources (RES), deciding where to build a solar farm or wind power plant is crucial for maximizing resource utilization and reducing costs. A new study, published in the prestigious journal Cell…
Safety of Electric Vehicles – Challenges and Opportunities
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…
Forests vs. Coal – What Are Montenegro’s Climate Challenges?
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…
European Commission Invests 2.4 Billion Euros in Green Technologies
The European Commission has announced a new call for proposals under the Innovation Fund program, aimed at supporting the development of low-carbon technologies. The total budget of the call amounts to 2.4 billion euros, with the goal of strengthening European…
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…