Tuesday, June 28, 2022

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EU energy ministers agree on higher targets for renewables and energy efficiency

The EU Energy Council agreed on Monday on a revised Renewable Energy Directive (RED) and Energy Efficiency Directive (EED), two legislative proposals that support the EU's energy independence and climate transition under the ‘Fit for 55’ package.

Polish Enea Group launched its first solar farm

Polish energy group Enea built its first 3 MW photovoltaic farm in Jastrowie, Poland as an initial step to tapping into renewables. Enea announced that the project will be followed by further investments in PV farms in cooperation with local governments.

Green energy stakeholders fear the destruction of Ukraine’s renewables industry

The Ukrainian Wind Energy Association together with other renewables industry associations in Ukraine called on the government to resolve the critical situation with the calculations for the produced electricity to prevent mass defaults of producers and the destruction of the national renewable energy industry.

Ignitis Renewables builds Lithuania’s first hybrid solar and wind park

This first solar-wind hybrid park in the history of Ignitis Group will contribute to the Group's goal of further expanding its green production.

Hungary’s legislation cannot keep up with innovative technologies hindering the scale-up of RES

There are still some discrepancies betweenHungary's renewables landscape and the national regulation, especially due to the wide unbalance between innovative technologies and the pace of the legislation.

Poland’s largest PV farm gets financing from three banks

Dentons has advised a consortium of three banks on the 165 million euros financing provided to Goldbeck Solar and Respect Energy for the construction of the largest standalone PV farm in the Poland.

Masdar to develop 4 GW of clean energy projects in Azerbaijan

Masdar signed a series of agreements with Azerbaijan's Ministry of Energy to develop clean and renewable energy projects in the country.

GreenVolt receives loan for 45 MWp solar park acquisition in Romania

Portugal-based renewable energy producer GreenVolt secured a 65.2 million euro syndicated loan to finance the acquisition of a 45 MWp solar park in Romania.

Serbia’s NIS starts installing solar panels at petrol stations

Serbian Minister of Mining and Energy Zorana Mihajlovic welcomed the initiative of Serbian oil company NIS, to install solar panels at its petrol stations across the country.

bp presents plan to support Azerbaijan’s energy transition

bp presented a decarbonisation roadmap which includes comprehensive proposals and recommendations to support Azerbaijan's energy transition.

Eesti Energia to quadruple renewable electricity generation by 2026

The renewable electricity generation capacity of Eesti Energia, operating in Finland, the Baltic States and Poland, will have nearly quadrupled by the end of 2026 compared to today.

Dravske Elektrarne Maribor receives permit to build geothermal power plant

Dravske Elektrarne Maribor has received a building permit for the construction of a geothermal power plant on the Pg-8 wellbore, which will increase the use of geothermal energy.

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