Bright green environmentalism

Exactly one year after signing their provisional agreement on the joint installation of offshore wind parks in Greece in July 2022, local refiner Helleniq Energy and German power giant RWE have signed the framework agreement for their joint venture through which they will bid in the tenders the Greek state has proclaimed for the development of 2-2.5 gigawatts of offshore wind power capacity.

New wind power farms with a total energy capacity of 252.5 megawatts and a total investment of 260 million euros were connected to the country's electricity grid in the first half of 2023, the Hellenic Wind Energy Association (HWEA) said in a report.

Turkish companies are increasingly entering foreign markets for renewable energy investments, an expert has said.

The government has approved an updated national energy end climate plan which brings more ambitious goals in key segments such as emission growth and the pace of transition towards renewables.

Mytilineos and SmartestEnergy Australia have signed a long-term power purchase agreement (PPA) for the 40-megawatt Kingaroy Solar Farm in Queensland, Australia, the listed group announced.

Motor Oil on Friday announced the acquisition of 75% of Unagi AE, which operates in the photovoltaic sector.

In particular, Unagi owns a 51% share in a portfolio of photovoltaic projects at various stages with a total nominal capacity of 1.9 gigawatts in Greece and the transaction was made through the subsidiary Motor Oil Renewable Energy (MORE).

The conclusions from the energy crisis put the debate on the energy transition on a more realistic basis at the European level and within the country.

The request for a total redesign of the energy market, which will take into account the new data and the real dimensions of the problem, is shared both by the companies active in the sector and by the management bodies.

Environmental campaigners urged climate envoys from dozens of nations gathering Tuesday in Berlin to discuss a global deadline for phasing out fossil fuels and ways of increasing aid to poor countries hit by global warming.

BELGRADE - Serbian President Aleksandar Vucic met on Monday with Norway's Ambassador to Belgrade Jorn Gjelstad and representatives of Norwegian companies from the renewables sector to discuss investments in green energy projects.

Solar potential in southern provinces is key to achieving steady renewable electricity growth, says a report by London-based energy think-tank Ember.

As the hydro-rich eastern Türkiye reeled from two droughts in five years, a surge in wind and solar helped cushion the blow, it said.