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Energy-strapped Germany sets ambitious 30 GW offshore wind target by 2030

Germany, which has been struggling to fill its massive energy gap following Russia’s invasion of Ukraine and reduction of natural gas deliveries, is planning...

Georgia, Romania mull Black Sea undersea power cable to supply CEE Europe

Georgia, which is a transit country for oil and gas routes, is spearheading efforts to launch a very ambitious project that would create a corridor for green energy from the Caspian to the Balkans and CEE.

Azerbaijan planning to launch green energy exports to Europe

Azerbaijan, which is already a main exporter of oil and gas, plans to develop its renewable energy potential, especially offshore wind in the Caspian...

In Davos, philanthropists back $3 tln initiative for climate & nature

A new global initiative will fund and grow new and existing public, private and philanthropic partnerships to help unlock $3 trillion in financing to reach net zero, reverse nature loss and restore biodiversity by 2050.

Is “cable diplomacy” shaping energy policy in the Mediterranean & Middle East?

The transition towards a carbon neutral economy has become a priority for many governments around the world. Using the UN's 17 Sustainable Development Goals...

BMW tests green hydrogen, but holds steady combustion engines

German auto manufacturer BMW still relies on combustion engines, but the future for cars in cities is electric, according to the company's Vice President Peter Lehnert.

COP27 focuses on climate financing for developing nations

The COP27 U.N. climate summit, which kicked off on November 6 in Egypt, may reach a more concrete agreement this year as various climate...

Could there be dark days ahead for buyers of solar panels?

A landmark ruling is casting a shadow over Europe’s booming solar industry with manufacturers and buyers of solar panels facing a potential stand-off over...

REPowerEU strives to end dependence on Russian energy, tackle climate crisis

Responding to the hardships and global energy market disruption caused by Russia's invasion of Ukraine, the European Commission presented on May 18 the REPowerEU...

Central Asian countries boost green energy transition

TASHKENT, Uzbekistan – Kazakhstan’s government has set an ambitious goal of reaching net-zero emission by 2060, planning to gradually reduce its reliance on coal,...

Polish aid for expansion of LG Chem’s electric vehicles battery plant gets EU nod

Poland's €95 million measure in favour of LG Chem Group is in line with EU State aid rules, the European Commission competition chief on...

MEPs want more environmental and social ambition for batteries

The European Parliament is ready to negotiate with EU governments on the final shape of the new rules governing the entire battery product life...

Bulgaria to accelerate green energy transition

Akuo has announced that it has successfully secured the refinancing of a portfolio of five operational hydroelectric power plants in Bulgaria with a capacity...

EBRD inks MoU with Egypt to guide national hydrogen strategy

The European Bank for Reconstruction and Development (EBRD) signed on March 7 a memorandum of understanding (MoU) with Egypt’s Ministry of Electricity and Renewable...

Poland to construct new wind farm at Zelechowo

Poland plans to develop, construct and operate a new 56MW wind farm at Zelechowo in Poland with the support from a loan of PLN...

Italy’s ENI inaugurates its second wind farm in Kazakhstan

Italian energy major ENI, through its local renewable subsidiary Arm Wind LLP, inaugurated on March 2 the Badamsha 2 Wind Farm located in the...

How more sustainable ECB policies help fighting climate change and inflation

In the last months, inflation has risen sharply with price increases among many sectors. Business and citizens have been used to low inflation rates...

EU advances sustainable transport, energy and climate connectivity in Western Balkans

The European Commission unveiled on February 25 a substantial €3.2 billion investment package to support 21 transport, digital, climate and energy connectivity projects in...

Kazakhstan to enhance foreign investment

Kazakhstan’s open-door policy to foreign investment remains the Central Asian republic’s strategic priority, President Kassym-Jomart Tokayev told the Foreign Investor Council’s Meeting on February...

EU-Norway to enhance climate, energy cooperation

A delegation of the Norwegian government led by Prime Minister Jonas Gahr Store with European Commission President President Ursula von der Leyen and with...

New European Battery Academy to boost skills for fast-growing battery ecosystem

Despite the pandemic and significant supply disruptions, the European Union has continued to make headway in establishing an innovative, sustainable and globally competitive battery...

EU Parliament approves greener road charging rules to cut C02 emissions

Under the new rules adopted by the European Parliament on February 17, road charges for trucks will move from time-based to distance-based charging, making...

MEPs call for quick deployment of offshore renewables to meet EU emission targets

Members of the European Parliament set out their recommendations on how to deploy offshore wind energy in Europe more quickly, as a means to...

EU to support Kazakhstan’s modernization

At a meeting of Kazakhstan’s Deputy Premier and Foreign Minister Mukhtar Tileuberdi with ambassadors from EU Member States, the diplomats reiterated their interest in...

Slovenia to decarbonize steel industry

Facilitating the transition towards a low-carbon economy the European Bank for Reconstruction and Development (EBRD) is participating in Slovenian Steel Group’s (SIJ Group) €230...

Mongolia advances renewable energy resources through a green hydrogen project

Mongolia is attractive for deploying green hydrogen production and more renewable energy projects can be developed in the Central Asian region, Elixir Energy Managing...

Despite heavy imports, France still biggest electricity exporter in Europe

France maintained its position as the biggest net exporter of power in Europe in the second half of 2021, despite an extreme reliance on...

MEPs want tougher EU rules for design and disposal of battery production

Members of the European Parliament said on February 11 new measures for batteries are crucial for the transition to a circular and climate-neutral economy...

EU, US discuss energy security as Russia-Ukraine tensions rise

The United States will do everything it can to help ease any disruptions to Europe’s energy supply, US Secretary of State Antony Blinken said...

EIB finances sustainable transport, renewable energy

The European Investment Bank (EIB) - the financial arm of the EU - approved on February 2 plans to further strengthen the EIB Group’s...

Sefcovic: Europe needs to mobilize financing for battery raw materials projects

Europe needs to streamline and accelerate existing permitting procedures for raw materials, while complying with the highest environmental and social standards, EU Commission Vice-President...

EU, US committed to accelerating the global transition to clean energy

The European Union and the United States are jointly committed to Europe's energy security and sustainability and to accelerating the global transition to clean...

EU-Africa to tackle climate change, energy, infrastructure challenges

Ahead of the EU-African Union summit, European Council President Charles Michel participated via video link in a debate on climate and energy in the...

Saudi Arabia’s ACWA Power breaks ground on first and largest wind project in Azerbaijan

The Azerbaijani Ministry of Energy and ACWA Power held a groundbreaking ceremony on January 14 for the 240 MW wind power plant with an...

TotalEnergies joins Masdar and Siemens Energy to develop green hydrogen

Dubai-based renewable energy major Masdar announced on January 19 that TotalEnergies is adding its expertise in the energy sector to a Masdar-led initiative focused...

Scotland awards massive seabed rights for wind farms in North Sea

The Crown Estate Scotland announced on January 17 the results of the ScotWind seabed tender, after receiving 74 bids for the 15 areas that...

Orsted and Liquid Wind invest in e-methanol project in Sweden

Planning a major investment into green fuels, Danish energy giant Orsted and Liquid Wind AB have reached an agreement, under which Orsted will acquire...

First plant in Europe to produce copper foil for EV batteries gets EBRD funding

Eager to reduce Europe's reliance on China for materials for batteries, the European Bank for Reconstruction and Development (EBRD) said on January 10 the...

Enel and Italy’s Fire and Rescue Service to boost safety, environmental protection

Italian energy major Enel and the country’s national fire department signed on January 4 a memorandum of understanding aimed at strengthening collaboration to protect...

EU taxonomy: No greenwashing of environment damaging activities

The introduction of the taxonomy is a great success for us Greens, future-oriented companies and civil society forces working on it for years. But...

The Year of Good Energy?

The Covid pandemic, geopolitics, climate change, energy and the economy are likely to be key issues in 2022.“What we have to have when we’re...

Austrian scheme to support electricity production from renewables gets EU nod

An Austrian aid scheme to support electricity production from renewable sources complies with EU State aid rules, the EU’s antitrust chief said on December...

EU endorses new climate, environmental protection and energy guidelines for state aid

The European Commission’s College of Commissioners endorsed on December 21 the new Guidelines on State aid for climate, environmental protection and energy (CEEAG). The...

Poland’s wind power secures EBRD financing

The European Bank for Reconstruction and Development (EBRD) said on December 16 the bank will lend PLN 175 million (€38.9 million equivalent) for the...

MEPs reach deal with Council on EU-backed energy projects

The updated rules to select which energy projects will receive EU support were informally agreed between Members of the European Parliament and the Slovenian...

New EU framework to decarbonize gas markets, promote hydrogen, cut methane emissions

The European Commission adopted on December 15 a set of legislative proposals to decarbonise the EU gas market by facilitating the uptake of renewable...

BP acquires EV fleet charging provider AMPLY Power in US

BP said on December 7 the UK company took its first major step into electrification in the US with the acquisition of AMPLY Power,...

EU approves €3 billion Spanish scheme to support electric vehicles

The European Commission has approved, under EU State aid rules, a €3 billion Spanish scheme to support research, development and innovation (RD&I), as well...

Poland to boost residential energy efficiency with help from EBRD, BNP Paribas

The European Bank for Reconstruction and Development (EBRD) and Poland’s major lender BNP Paribas Bank Polska (BNPPL) have agreed a landmark scheme to improve...

Croatian scheme to support electricity production from renewables gets EU nod

A Croatian aid scheme to support electricity production from renewable sources complies with EU State aid rules, the European Commission’s antitrust chief said on...

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