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Supporting Bulgaria’s Renewable Energy Transition
The European Bank for Reconstruction and Development (EBRD) is lending up to 50 million euros to Tenevo Solar Technologies EAD to build and operate a fully merchant solar photo-voltaic plant in southeastern Bulgaria. The Tenevo plant is expected to generate…
Trump’s Return and the End of American Climate Ambitions?
While Democratic Party supporters express their disappointment on social media and the media delve into “who’s to blame” for Kamala Harris’ debacle, Donald Trump is gearing up for his grand return to the political stage as President of the United…
Strengthening Energy Ties – Romanian Section of the Power Line to Serbia Commissioned
At the beginning of the year, a meeting was held in Athens between the energy ministers of Romania and Serbia to discuss opportunities for enhancing cooperation in the energy sector. The discussions emphasized the importance of regional connectivity in 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…
Diversification of Energy Sources: North Macedonia Turns to Azerbaijan
North Macedonia has signed an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR) to enhance its energy security. The partnership, formalized through a Memorandum of Understanding on cooperation in the energy sector, focuses on diversifying natural…
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…
Energy Initiatives at COP29 – What Can We Expect?
The 2024 United Nations Climate Change Conference (COP29) places significant focus on energy as one of the key sectors in combating climate change. In light of this, the COP29 Presidency has officially launched three energy initiatives, inviting stakeholders to lend…