Bright green environmentalism

PPC Renewables on Tuesday announced it has won a tender by the Energy Regulatory Authority to develop a hybrid energy station of renewable energy sources (RES) in Astypalaea in the framework of an innovative program "Astypalea: smart and sustainable island".

The European Investment Bank Group signed a new contract with the Greek Ministry of Maritime Affairs and Island Policy this week for technical assistance from the bank's Advisory Hub which will help facilitate crucial investments to boost energy efficiency and renewable energy investments on the country's smaller and remote islands.

BELGRADE - Serbian Minister of Mining and Energy Dubravka Djedovic met with the director of the World Bank Office in Serbia Nicola Pontara on Thursday to discuss cooperation in the process of Serbia's energy transition.

BELGRADE - Serbian Minister of Mining and Energy Dubravka Djedovic met with Japanese Ambassador to Belgrade Takahito Katsumata on Thursday to discuss bilateral ties and advancement of cooperation in the energy sector.

The storage of energy produced from renewable sources is critical to the success of the "green" transition.

For this reason, the new state blueprint directs investment interest in new technologies and mainly in storage. Companies' interest in storage systems is strong and already exceeds the goals set by the blueprint.

Renewables, energy storage and conservation are the three pillars on which the revised energy planning up to 2030 is to be based, and which is to be officially presented by Environment and Energy Minister Kostas Skrekas in the next few days.

Motor Oil Group announced the acquisition of all the shares of the "ELIN VERD" company. VERD was founded in 2005 and is engaged in the production and marketing of biofuels. The company has a biodiesel production plant in Volos with a production capacity of 80,000 tons of biodiesel per year.

For this period, the largest wind farm in Bulgaria provided the power consumption of 116 000 Bulgarian households 

Türkiye's installed solar power capacity, which stood at 7.82 GW in 2021, is expected to increase to 30 GW by 2030, the International Solar Energy Community Türkiye Section (GÜNDER) has said in SolarPower Europe's "Global Market Outlook 2022-2026" report.

Wind and solar power generation has lowered Turkey's import bills by preventing $7 billion of fossil fuel imports in the last 12 months, London-based Ember said in a report.

In the following months, approximately $700 million in savings is expected each month if the gas price remains the same, the think-tank predicted.