Serbia to Cooperate With EBRD on Energy Transition, Green Energy

Serbia to Cooperate With EBRD on Energy Transition, Green Energy

Serbia’s Deputy Prime Minister and Minister of Mining and Energy Zorana Mihajlovic signed a memorandum of understanding with president of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso on March 19

Biden Kicks Off Effort to Reshape U.S. Economy With Infrastructure Package

Biden Kicks Off Effort to Reshape U.S. Economy With Infrastructure Package

President Joe Biden on Wednesday will call for a dramatic and more permanent shift in the direction of the U.S. economy with a roughly $2 trillion package to invest in traditional projects like roads and bridges alongside tackling climate change and boosting human services like elder care

Turkey Outpaces World Average in Wind and Solar Output

Turkey Outpaces World Average in Wind and Solar Output

Turkey outpaced the world average in electricity generation from wind and solar in 2020, according to data compiled by Anadolu Agency from the Global Electricity Review 2021 report of London-based think-tank, Ember on Monday

ReneSola Sells 15.4 MW Solar Parks in Romania to Alternus for 24 Mln Euro

ReneSola Sells 15.4 MW Solar Parks in Romania to Alternus for 24 Mln Euro

US-based solar energy project developer ReneSola Power said on Thursday that it has completed the sale of two ground-mounted solar parks in Romania with a total capacity of 15.4 MW to European independent power producer (IPP) Alternus Energy Group for 24 million euro ($28.35 million)

Oil Falls 1% as Traffic in Suez Canal Resumes

Oil Falls 1% as Traffic in Suez Canal Resumes

Brent oil fell 63 cents, or 1%, to $63.94 a barrel by 1337 GMT. U.S. crude was down 63 cents, or 1%, at $60.34 a barrel. At the Suez Canal, a Reuters witness saw the giant container ship Ever Given moving after being refloated by rescue workers and salvage teams, and a shipping tracker and Egyptian TV showed it positioned in the centre of the waterway

Montenegro to Let People Decide on Offshore Oil After Exploratory Drilling

Montenegro to Let People Decide on Offshore Oil After Exploratory Drilling

After environmentalists protested and the State Audit Institution warned Montenegro isn’t prepared to tackle an oil spill, the Ministry of Capital Investments said it won’t cancel the exploratory drilling in the Adriatic, but that the issue can be publicly discussed after it

Romania’s Nuclearelectrica Signs Deal for Local Uranium Processing Assets

Romania’s Nuclearelectrica Signs Deal for Local Uranium Processing Assets

Nuclearelectrica [BSE:SNN], the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said it has signed an agreement to acquire some assets within the uranium concentrate processing line at the Feldioara Branch owned by the National Uranium Company, CNU

Europe Energy Storage Deployment to Near Double in 2021

Europe Energy Storage Deployment to Near Double in 2021

The energy storage market in Europe this year is expected to almost double the annual storage deployments seen in 2020, reaching 3,000 megawatt-hours (MWh), the European Association for Storage of Energy (EASE) said in statement on Tuesday

TAP to Seek Binding Offers for Capacity Expansion in July

TAP to Seek Binding Offers for Capacity Expansion in July

The consortium implementing the Trans Adriatic Pipeline (TAP) gas transmission project said it will launch in July a tender seeking binding offers for the potential expansion of the pipeline's capacity