Low-carbon economy

Bucharest Hosting the 4th Edition of Energy Week Black Sea

On 6-8th February 2024, the international renewables investment conference Energy Week Black Sea will take place in Bucharest, Romania.

Well-known for its role in the gas industry, the Black Sea region will be once again brought together to foster the deployment of renewables and encourage the transition to secure, clean and affordable energy.

China emissions could fall in 2024 on renewables jump

China's carbon emissions are likely to fall in 2024 because record growth in renewable energy capacity is now sufficient to cover growing demand, a new analysis finds.

China is the world's largest greenhouse gas emitter and has brushed aside calls for a more ambitious carbon neutrality target than its current 2060 goal.

RES see their share expand

Net energy from renewables and large hydroelectrics in the first eight months of 2023 reached an all-time high of 16,683 gigawatt-hours, according to data from Greece's transmission system operator, ADMIE, processed by The Green Tank.

Helleniq Renewables acquires 180MW solar parks from Lightsource in northern Greece

Helleniq Renewables, a wholly owned subsidiary of Helleniq Energy, has announced the acquisition of solar parks with a total capacity of 180 megawatts from the UK's Lightsource near Kozani, in northern Greece.

Helleniq Renewables plans to expand its renewable energy capacity from the current 356 MW to 1 GW by 2025, and over 2 GW by 2030.

Helleniq clinches subsidies for energy storage

Helleniq Renewables has succeeded in obtaining investment subsidies for three energy storage facilities in its Thessaloniki facilities, with a total power of 100 MW.

The facilities will be connected to the national power grid and their operation licenses are for 25 years.

Investment in the three facilities will be subsidized to the tune of €200,000 per MW.

EU’s carbon tax to impact countries, including Türkiye: Experts

The European Union's major trading partners, including Türkiye, will be impacted by the bloc's carbon tax, experts have said.

The competition will intensify for the nations which are slow in preparations to comply with the carbon tax regulations, such as Türkiye, China, India, the U.S., the U.K. and Canada, they warned.

Pages