The European Union is set to install less new solar capacity in 2025 than it did last year – the first annual drop in a decade, according to SolarPower Europe. In its mid-year analysis of the photovoltaic market in the EU, SolarPower Europe said new installations are expected to decrease 1.4% this year. It would […]
Author: Ivan Gazdić, Attorney at Law and Partner at Petrikić & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz For many years, Belgrade has struggled with long-standing urban, infrastructural and environmental challenges that have impeded its progress towards sustainable development in accordance with the standards of contemporary European cities. The main obstacles to Belgrade’s urban advancement include poorly […]
The Government of North Macedonia and Kazancı Holding have signed a memorandum of understanding that paves the way for a EUR 1 billion investment in the country’s energy sector. The memorandum of understanding was signed by Prime Minister Hristijan Mickoski and Cemil Kazancı, President of the Board of Directors of Kazancı Holding. In February, Mickoski […]
Amid a battery investment frenzy in Romania, Nova Power & Gas is about to build a battery energy storage system that would double the current total capacity in the country. In addition, the company is beginning the construction of a 150 MW gas power plant. Nova Power & Gas claims it is currently the national […]
The fossil fuel age is crumbling, according to UN Secretary-General António Guterres. Renewables maintained their cost leadership in global power markets, the International Renewable Energy Agency said in an annual report. In 2024, onshore wind farms were the cheapest of all versus the lowest-cost fossil fuel alternatives, by 53% on average, while photovoltaic systems were […]
Astronergy allocated USD 700 million for its second solar module factory in Turkey. It aims to start manufacturing photovoltaic wafers and cells in Balıkesir in the first phase. The company is part of Chint Group, headquartered in China. Turkey’s industrial base for renewable energy equipment is expanding. The solar and wind power segment is serving the […]
Rolls-Royce SMR and Czech utility ČEZ have signed an early works agreement. It paves the way for site-specific work on their small modular reactor project at the Temelín nuclear power plant. British Prime Minister Sir Keir Starmer and Czech Prime Minister Petr Fiala have signed a deal to work together to seize SMR export opportunities, […]
Croatia’s Regional Energy Agency North has launched VIREAS – a virtual energy assistant powered by artificial intelligence. VIREAS answers users’ questions about energy renovation and renewable energy sources in real time, provides recommendations tailored to users’ homes and needs, helps identify opportunities to save energy and reduce costs, and explains technical concepts in simple terms, […]
The Ministry of the Environment, Climate and Energy of Slovenia launched a public call for cofunding the construction or restructuring of district heating and cooling systems using renewable energy sources. The grants, for companies and cooperatives, are from the European Union’s cohesion support mechanisms. The introduction of renewables-based district heating and cooling systems reduces pollution, […]
The Republic of Serbia and Germany’s KfW Development Bank signed a loan agreement on July 18 for EUR 135 million for the second phase of the credit program Green Transition Development Policy Operation (DPO II). The signatures underscore the joint activities by Germany and Serbia aimed at a climate-compliant and socially just energy transition, said […]