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EU Commission Proposes 2040 Climate Target With Flexibilities

EU Commission Proposes 2040 Climate Target With Flexibilities

Πεμ, 3 Ιουλίου 2025 - 08:02

The European Commission on Wednesday proposed that the EU reduce its net greenhouse gas emissions 90% by 2040, compared with 1990 levels, but included flexibilities to soften the emissions cuts for domestic industries. The proposal said the European Union can buy

Russia Weighs Stake Sale in $25 Billion Turkish Nuclear Plant

Russia Weighs Stake Sale in $25 Billion Turkish Nuclear Plant

Πεμ, 3 Ιουλίου 2025 - 08:01

Russia’s state-owned nuclear power company Rosatom Corp. is in talks to sell a 49% stake in the $25 billion power plant it’s building in Turkey. Discussions are currently underway with Turkish and foreign investors,  Anton Dedusenko, chairman of the board

Slovenia Sells Europe’s First Sustainability Bond, Worth EUR 1 Billion

Slovenia Sells Europe’s First Sustainability Bond, Worth EUR 1 Billion

Τετ, 2 Ιουλίου 2025 - 08:34

Slovenia accessed the international markets with its inaugural sustainability-linked bond, oversubscribed by more than 6.5 times. The interest payable can grow or drop by 50 basis points depending on the country’s progress in cutting greenhouse gas emissions. It is the first-ever sustainability-linked bond issue from a European sovereign, the Ministry of Finance pointed out

US Supreme Court Dealt Blows to EPA and Environmental Protections

US Supreme Court Dealt Blows to EPA and Environmental Protections

Τετ, 2 Ιουλίου 2025 - 08:26

The U.S. Supreme Court delivered setbacks to environmental interests in a series of recent rulings including by further restricting the Environmental Protection Agency's authority and relaxing requirements for environmental impact studies for proposed projects

EU Company to Build 35 Mln Euro Battery Plant in North Macedonia – PM

EU Company to Build 35 Mln Euro Battery Plant in North Macedonia – PM

Τρι, 1 Ιουλίου 2025 - 07:55

North Macedonia's prime minister Hristijan Mickoski said on Friday that an unnamed investor from an unspecified country in the European Union will invest 35 million euro ($41 million) in the development of a battery production factory near the eastern city of Shtip

Germanys LEAG Suspends H2UB Green Hydrogen Plan

Germany's LEAG Suspends H2UB Green Hydrogen Plan

Δευ, 30 Ιουνίου 2025 - 08:00

Plans to build one of Europe's largest green energy hubs on the site of disused coal-fired power plant units in eastern Germany have been postponed indefinitely, energy firm LEAG said on Friday

Bulgarias Solaris Holding Launches 59.8 Mwp Hybrid PV Park

Bulgaria's Solaris Holding Launches 59.8 Mwp Hybrid PV Park

Σαβ, 28 Ιουνίου 2025 - 18:51

Bulgarian engineering and construction company Solaris Holding, a joint venture of Bulgarian-German solar photovoltaic (PV) plant developer Sunotec and the main shareholders of energy and insurance group Eurohold Bulgaria, said on Friday that it launched a new hybrid renewable energy park near the northwestern city of Vratsa

Serbia to Build New Gas Storage Facility for up to 500 Mln Euro

Serbia to Build New Gas Storage Facility for up to 500 Mln Euro

Παρ, 27 Ιουνίου 2025 - 08:24

Serbia plans to build a new natural gas storage facility at the location of the former Tilva storage site in the northern province of Vojvodina with an estimated investment of up to 500 million euro ($586 million), Dusan Bajatovic, director general of state-owned gas importer and distributor Srbijagas, said on Thursday

EU Countries Demand Stricter Controls on New CO2 Price

EU Countries Demand Stricter Controls on New CO2 Price

Πεμ, 26 Ιουνίου 2025 - 07:51

Germany, the Czech Republic and 14 other countries have demanded the European Union introduce stricter price controls to the bloc's new carbon market, over fears the policy will raise consumers' bills, a document seen by Reuters showed