Tags Aida Sitdikova
Tag: Aida Sitdikova
Investing in RES in the Black Sea region is gaining momentum. Interconnection is critical for renewables. It is a great way to support cooperation among countries and has an important place to occupy in the future energy transition.
The Georgian government has asked the EBRD to explore the country’s potential for generating green hydrogen which could then be blended and transported to end-users through existing gas pipelines.
The EBRD, IFC and the EU agreed to support the development of the first utility-scale solar power plant in Armenia, to boost the country's supply of RES and to help it reduce its reliance on imported fuels.
MVM Group acquired 100 % ownership of the Hungarian subsidiary of the German energy company Enexio, together with its two Chinese subsidiaries, aiming to become an active player in the Chinese energy market.
Investments in RES in the EU reached 66% in the first half of 2020. Hungary is stepping up green bond issuance to mobilise additional funds and the Caucasus in interested in increasing its share of RES. However, funds must support the right priorities.
Sonya Twohig has been appointed the new Secretary-General of ENTSO-E, the European Network of Transmission System Operators for Electricity.