Hungary already uses geothermal energy as a clean alternative to fossil fuel in district heating, but has vast untapped reserves.
Pilot geothermal power station built on an abandoned gas well produces first electricity, but investor says modifications needed for viable long-term energy generation.
Methane emissions are 80 times more damaging than carbon dioxide. Rather than falling, they are currently at an all-time high and rising. The IEA says they need to fall by 75% by 2030 if the Paris Accord targets are going to be met.
BMW is building a €1bn vehicle plant and a €1bn battery plant in Hungary's fastest-growing industrial hub.
Concentrations of CO2, methane and nitrous oxide climbed to record levels in the global atmosphere in 2023, contributing ever more to the climate crisis. This is according to scientists from the US National Oceanic and Atmospheric Administration.
In the last week temperatures have soared, breaking monthly records in nearly half the countries on the planet. In much of Europe temperatures have reached those of mid-summer in the first week of April.
Europe is home to more than 400 clean tech manufacturing plants, but the distribution is uneven and a few large countries dominate the business of making equipment needed to produce green energy sources.
The UN’s World Meteorological Organisation has issued a “red alert” on the climate crisis, citing unprecedented increases in 2023 in greenhouse gases, land and water temperatures and melting of glaciers and sea ice.
IQAir’s 6th Annual World Air Quality Report reveals “troubling details” of the world's most polluted countries, territories and regions in 2023.
The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.
Czechia has one of the world's largest car-making industries per capita, but it is struggling to transition to electro-mobility without a battery plant.
Green bond issue to be the second by a GEN-I Group company, with the aim of supporting transformative green projects.
In 2023, global CO2 emissions from energy rose at a slower pace compared with the previous year.
The European Union plans to urge the fossil fuel industry to aid in combating climate change in less affluent countries under a United Nations objective, a preliminary document reveals.
Fusion, the holy grail of the energy transition, is closer than ever before. But it’s still unclear whether it can be commercialised in time to ward off the climate crisis.
Founded in 2008 outside of the main European financial hubs, Belektron generated sales revenues of €3.16bn in 2023, according to Podjetna Slovenija's ranking.
Investment of as much as $8 trillion in renewable energy and half of that in grids and storage is required to meet the goal of tripling renewable energy capacity by 2030, as agreed at COP28 in Dubai in December.
The currents that circulate in the Atlantic are approaching a “tipping point” that will change the way water flows around the oceans of the world, which will have a catastrophic climate impact on countries around the world.
Hydrogen production and use are expected to grow in 2024, but it remains very expensive to produce and transport, making progress slow.
A report from climate campaign group Global Witness reveals that the fossil fuel sector is anticipated to allocate more than $1 trillion worldwide over the next decade for the expansion of natural gas production.