Renewable Energy Sources
Wind Farms Alibunar 1 and 2 Bring New Energy to Serbia
Wind energy is one of the key renewable energy sources in Serbia and the wider region, with significant potential for further development. Serbia possesses favorable wind conditions, particularly in Vojvodina, eastern Serbia, and mountainous areas, where average wind speeds enable…
EBRD – Driving Serbia’s Green Transition and Sustainable Development
As Serbia accelerates its journey towards a more sustainable and competitive economy, the European Bank for Reconstruction and Development (EBRD) remains one of its key investors and partners. With annual investments exceeding 800 million euros, the EBRD actively supports projects…
Long-Term Profitability of Renewable Energy in the Shadow of High Upfront Costs
The decision to transition to renewable energy sources as an alternative to fossil fuels is often questioned due to concerns about financial viability, with high initial costs being the primary factor. However, new research published by EMBER shows that such…
Four Solar Power Plants in Prnjavor For New Green Kilowatts
Soon, new kilowatts of green energy will begin to be produced in the town of Prnjavor, where preparatory works are underway for the construction of four solar power plants on the ground. The winter months were used to carry out…
Grid Congestion as an Obstacle to the Energy Transition – How to Overcome the Challenges
The growing demand for electricity, electrification, and the accelerated shift to renewable energy sources worldwide require a more flexible system. Power grids play a crucial role in connecting new energy sources and consumers, transmitting electricity, and balancing supply and demand.…
EU Fund Supports Tidal Energy Project with a 31.3 Million Euros Grant
During tides, seawater gains a specific form of energy that can be harnessed for electricity production—something that has garnered significant attention in recent years. The European Union’s Innovation Fund has recognized the importance of supporting projects that utilize tidal energy.…
Key Steps and Challenges in Creating the ESG Strategy
The Green agenda and sustainable business are a must of our times and, regardless of all current macroeconomic and geopolitical challenges, they are highly ranked on the list of priorities of all leading world companies and developed economies. The transition…