Bulgaria-based International Power Supply (IPS) is opening a factory for battery energy storage systems using proprietary technology. The Exeron X-BESS is one of only six strategic projects in the European Union with a designation under the Net Zero Industry Act. Minister of Economy and Industry of Bulgaria Petar Dilov met with Chief Executive Officer of […]
Green technology developer Envision Energy has commissioned the world’s largest and most advanced green hydrogen and ammonia plant. The Shanghai-based company said the production facility, developed in its hydrogen park in Chifeng, China, is also the first in the world delivering green ammonia at industrial scale and the first of its kind to be fully […]
In its Impact Report 2024, the Green for Growth Fund outlined how it powers the green transition across Southeast Europe, the Caucasus and beyond – from repurposing coal sites and decarbonizing industries to strengthening energy security and building climate resilience. It ended last year with EUR 1.09 billion in assets under management and an outstanding […]
In its Impact Report 2024, Green for Growth Fund outlined how it powers the green transition across Southeast Europe, the Caucasus and beyond – from repurposing coal sites and decarbonizing industries to strengthening energy security and building climate resilience. It ended last year with EUR 1.09 billion in assets under management and an outstanding investment portfolio […]
Solar became the EU’s largest source of electricity for the first time in June 2025. National records for both photovoltaics and wind rolled in in May and June, pushing coal to an all-time low. Solar was the largest source of electricity in the European Union for the first time last month, with multiple countries producing […]
Greece’s Alternate Minister of Economy and Finance Nikos Papathanasis has launched an open call for the installation and operation of a high-efficiency combined heat and power (CHP) unit using fuel cells powered by green hydrogen. The site for the pilot project is in the Western Macedonia coal region in the country’s north. It is part […]
Energy modernization projects in nine member states of the European Union will receive a total of EUR 3.66 billion from the Modernisation Fund, in the largest disbursement to date from the facility financed by carbon pricing revenues, according to a press release from the European Commission. The selected projects focus on renewable energy, grid upgrades, […]
The European Commission proposed an amendment to the European Climate Law, setting a 2040 target of a 90% reduction in net greenhouse gas emissions from the 1990 level. The outlined measures would give certainty to investors, promote innovation and business competitiveness and increase energy security, according to the European Union’s executive body. The EU is […]
State institutions, companies, organizations, and individuals have until August 6 to deliver their suggestions and comments about the draft National Energy and Climate Plan of Montenegro. It sets the provisional date for taking the Pljevlja coal power plant, the only one in the country, at 2041, but the authors pointed out that it primarily depends […]
Serbia’s natural gas transmission system operator, Transportgas Srbija, has invited bids for the preparation of a study on the technical feasibility of transporting hydrogen through the gas network. The study should assess the quantities of hydrogen that can be transported, as well as the impact of blending hydrogen with natural gas on the transmission system […]