By 2030 there will be about $180 billion in additional investments in renewable energy in the United States. A separate Rystad Energy research group predicts that even more will be directed to this sector. They give a figure of 270 billion dollars. Such investments will lead to the creation of hundreds of thousands of new …
Bulgarian corporation Atomenergoremont (AER), which maintains the machinery in power plants, announced on Wednesday that EF Asset Management, a local investment company, has acquired total ownership of 5,8522% of its share capital. AER reported in a stock exchange filing that EF Asset Management had acquired 204,930 ordinary voting shares with a settlement date of August …
AER Shares Trading 4% Higher on Bulgarian Stock Market Read More »
In an effort to construct a 450MW onshore wind farm in Romania, UK-based clean energy company Low Carbon has signed a collaboration with Rezolv Energy, an independent clean energy power supplier based in the Czech Republic, which focuses on sustainable power in Central and South Eastern Europe. The agreement is one of the greatest initiatives …
Rezolv Energy, Low Carbon Partner to Deliver Wind Farm in Romania Read More »
No one disputes the fact that the notorious greenhouse effect does a good job of heating the whole world, and therefore, numerous researchers are looking for ways to reduce the amount of carbon dioxide in the atmosphere and reduce its emissions. One way to achieve the latter is to use environmentally friendly renewable energy sources. …
SWEL Presents Generator That Could Generate Electricity Using Sea Waves Read More »
The European Bank for Reconstruction and Development (EBRD) has provided a new funding of $127 million to lend to women-led businesses and help Turkey transition to a green economy to the public bank of Turkey (İş Bankası), Hürriyet Daily News reported. The EBRD said in a statement that the funds would be split between Turkey’s …
EBRD Lends $127 Million To Turkish Public Bank for Developing Green Economy Read More »
The Bulgarian business Atomenergoremont revealed on Wednesday that EF Asset Management, a local investment company, had acquired a total ownership of 5.8522% of its share capital, See News reported. With August 25 as the date of settlement, Atomenergoremont said in a bourse statement that EF Asset Management had acquired 204,930 ordinary voting shares. One of …
EF Asset Management Acquires 5.8% of Atomenergoremont Share Capital Read More »
Israel is taking advantage of Egypt’s aspirations for renewable energy in an effort to strengthen diplomatic ties between the two nations. A joint venture to execute significant projects in Egypt was announced by Tel Aviv Investment Exchange-listed business Enlight Renewable Energy and Israeli natural gas generator NewMed Energy. The plan calls for investment in a …
Enlight Renewable Energy to Invest in Renewable Projects with Egypt Read More »
South Korean company Samsung C&T Corp. signed a $630 million deal to build a massive solar power plant in Qatar, Yonhap news agency reported on August 24. Under an agreement with QatarEnergy, Qatar’s state-owned construction arm, Samsung Group’s construction arm will build a 417-megawatt solar plant at Mesaieed, about 40km south of Qatar’s capital, Doha. …
Samsung C&T to Build $630M Solar Power Plant in Qatar Read More »
Eesti Energia is investing 2.5 billion euros over five years, of which 1.5 billion euros will be used to build wind and solar parks and the rest to improve the reliability of the power grid and the industry in Ida-Virumaa. Until 2026, Eesti Energia plans to invest 1.5 billion euros in constructing new wind and …
Eesti Energia’s Major Investments Are in Wind and Solar Energy Read More »
With the current global energy crisis and ever-growing fuel prices, the demand for natural gas in Europe has grown substantially, and Bulgaria and the Balkan region are not an exception. As a registered participant at the Regional Booking Platform (RBP) and the Commercial Dispatching Platform (CDP) of Bulgartransgaz, as well as a full-fledged member of …
Bulgaria’s TIBIEL to Boost Natural Gas Market in the Country and Region Read More »
