Monsson Group is preparing to build a manufacturing facility in Petrila for renewable energy equipment, including robots that clean solar panels. The project received funding to contribute to the just transition of Romania’s coal region Jiu valley –...
Montenegro’s transmission system operator CGES recorded a profit of EUR 24.8 million last year. The net income of TSO CGES compares to EUR 35.7 million from 2023. In 2022, the company’s profit amounted to EUR 20.3 million, after EUR 16.9 million in t...
Greece’s government-controlled power utility PPC and Masdar’s subsidiary Terna Energy are separately building two photovoltaic plants in Bulgaria, worth an estimated EUR 190 million in total. The biggest two renewable energy companies in Greece have...
Germany is increasingly looking into geothermal energy storage as a way of decarbonizing its heating sector. The technology allows storing heated water in underground caverns and using it for warming homes and public and private buildings during wint...
The US Environmental Protection Agency (EPA) has frozen USD 20 billion in funding for greenhouse gas reduction projects, citing, among other things, concerns over potential fraud, waste, and abuse, news agencies reported. The move prompted a lawsuit...
Seven cities and regions in the Western Balkans will receive financial and technical support to enhance their climate resilience. Four local authorities in Albania and one each in Bosnia and Herzegovina, Montenegro, and Serbia are among the 69 in 23...