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How Solar Companies Are Responding to Global Challenges
In the world of renewable energy, the solar industry is undergoing dynamic changes shaping its future development. Intense competition among panel manufacturers, rising investor expectations, and technological innovations raise numerous questions about market sustainability and the prospects for solar power…
Infrastructure for Electric Vehicle Charging – A Challenge for Residential Buildings
The infrastructure for electric vehicle (EV) charging remains a challenge requiring efficient solutions to accelerate broader adoption and support the ongoing transition to sustainable mobility. While private homeowners can more easily install chargers at home, residential communities and individuals without…
Huge Response to Projects for Standalone Energy Storage in Bulgaria
During this year, Bulgaria announced a call for grants for standalone energy storage units. The Bulgarian Ministry of Energy then prepared over 580 million euros in grants for these projects. The proposals received for the RESTORE program, initiated by the…
ADEX Group Acquires HUPX – A New Era in Regional Electricity Trading
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…
ABB Acquires Solutions Industry & Building to Expand its Cable Protection Systems
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…
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…
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…