Renewable energy
Bucharest hosting the high-level renewables investment event Energy Week Black Sea
On 6-8th February, the international renewables investment conference Energy Week Black Sea will take place in Bucharest, Romania.
The burgeoning allure of the Romanian market to renewable energy investors is steadily ascending, serving as an eminent focal nexus for the entire region in its collective journey towards the transformative embrace of sustainable energy.
PM Denkov: Bulgaria's Electricity Imports Driven by Cost, Not Capacity Shortage
Prime Minister Nikolai Denkov addressed questions in Parliament, clarifying that Bulgaria imports electricity on certain days or hours due to cost considerations, not due to a lack of generating capacity. Denkov responded to inquiries about Bulgaria's early January electricity imports from Turkey and North Macedonia posed by Dragomir Stoynev MP (BSP for Bulgaria).
Some $20 bln to be invested in energy efficiency: Minister
Türkiye's public and private sectors will make energy efficiency investments worth a total of $20 billion by 2030, Energy and Natural Resources Minister Alparslan Bayraktar has said.
Romania Grapples with Soaring Electricity Prices, Lagging Renewable Goals
Romania is facing a staggering reality as its electricity prices surge relative to purchasing power, revealed in a recent report by the Romanian Court of Accounts, disclosed by Digi24. In the EU, Romania witnessed the most substantial electricity price hike, soaring by a staggering 112.35% in the latter half of 2022.
PPC Renewables purchases Thrakiki Wind 1 SA
PPC Renewables on Wednesday announced the acquisition of Thrakiki Wind 1 SA, the owner of a production license for an offshore wind park off the coast of Alexandroupoli in Thrace, from Copelouzos and Samaras groups, for an undisclosed sum.
- Read more about PPC Renewables purchases Thrakiki Wind 1 SA
- Log in to post comments
Economic program to help green transition: Şimşek
The government's medium-term program attaches great importance to structural transformation as well as ensuring macro financial stability, Finance Minister Mehmet Şimşek said, adding establishing financial discipline will make it easier for Türkiye to achieve its goals in green and digital transformation.
- Read more about Economic program to help green transition: Şimşek
- Log in to post comments
Dependence on imported energy declining: Bayraktar
Türkiye's reliance on imported energy resources declined to 67.8 percent in 2022 from around 70 percent in the previous years, Energy and Natural Resources Minister Alparslan Bayraktar has stated.
- Read more about Dependence on imported energy declining: Bayraktar
- Log in to post comments
EBRD approves new strategy for cooperation with Serbia until 2028
LONDON - The European Bank for Reconstruction and Development (EBRD) Board of Directors has approved a new country strategy for Serbia that will be guiding its investment and policy initiatives for the next five years.
Bulgaria's Just Transition: EU Injects EUR 1.2 Billion to Transform Coal Regions into Green Hubs
Bulgaria embarks on a green revolution with the European Commission's endorsement of the country's Territorial Just Transition Plans (TJTPs), marking a monumental stride toward sustainable development. The European Union's Just Transition Fund (JTF) is set to infuse Bulgaria with EUR 1.2 billion, earmarked to empower regions grappling with coal phase-outs and CO2 emission cuts.
PPC Renewables and Intrakat to join forces in RES portfolio
PPC announced the signing of a binding agreement on Wednesday between its subsidiary PPC Renewables and Intrakat Group for the joint development of a renewable energy sources (RES) portfolio with a total capacity of up to 2.7 gigawatts.