Geothermal energy could strengthen Hungary’s energy security, replacing up to 1.5 bcm of natural gas a year.
European electricity consumers will save some €100bn on their energy bills, due to the rapid expansion of renewable energy sources caused by the Russian induced energy crisis the International Energy Agency said in a report.
Croatian investment group is already preparing a major investment cycle focused on developing renewable energy.
Deal could be struck ahead of COP 28 climate summit. It would be hailed as a major breakthrough in addressing global warming.
Investment in clean energy technologies is significantly outpacing spending on fossil fuels as affordability and security concerns triggered by the global energy crisis strengthen the momentum behind more sustainable options, according to the IEA.
China's solar exports grew 64% in 2022 to $52bn despite global tensions, according to analysis by consultancy Wood Mackenzie.
Rising temperatures and changing patters of precipitation could affect the quality of the petals plucked by hand in a tradition going back centuries.
Heavy investment into a few mega projects means that power-hungry Uzbekistan now has about 2.6 GW of green energy capacity, ahead of Kazakhstan – the first country in Central Asia to invest into renewable power.
Azerbaijan is seeking to use existing transport infrastructure to establish itself as a supplier of green fuels to the European continent.
A nuclear fusion energy company, Helion Energy, has signed a power purchase agreement with high-tech giant Microsoft to supply electricity generated from its first fusion power plant.
Croatia could rival Europe's entire offshore wind power capacity, says EBRD-funded research on Croatia's offshore wind potential.
More than ten companies are seeking to build 36 biomethane plants in Ukraine, the Gas Transmission System of Ukraine (GTSOU) said in a statement on May 8.
India, with China's support, is attempting to establish agreement within the G20 group that would allow countries to choose their own roadmap for reducing carbon emissions instead of imposing a deadline for ending the use of fossil fuels.
Rimac is expanding from EV technology to the stationary energy storage systems needed to realise the full potential of renewable power generation.
Fires in 45 countries burnt an area the size of Montenegro, with Ukraine, Spain and Romania the worst affected countries.
COP 28 climate conference organisers appeal to “super-emitter” country to work with outside agencies in addressing planet-warming leaks.
The winds of change are blowing strong in Uzbekistan as President Shavkat Mirziyoyev announced a series of sweeping reforms aimed at opening up the country's economy and attracting foreign investment with emphasis on green energy.
The North Sea is set to become Europe’s largest green power plant, as nine countries in Europe have pledged to increase the capacity of offshore wind farms by eight times their current level before 2050.
Secretary of State Antony Blinken addresses urgent issue during Washington visit of Turkmen counterpart. Military chiefs of two countries hold concurrent meeting on security challenges.
Decarbonisation costs predicted to put up region's average debt/GDP levels by 7pp by 2030.