LONDON : War-torn Ukraine is seeking up to $40 billion to fund the first part of a “Green Marshall Plan” to rebuild its economy, a senior Ukrainian government official told Reuters ahead of a summit this week. Politicians and financiers will discuss the country’s short-term funding issues as well as look at long-term reconstruction efforts […]
Ukraine asks Europe to double electricity supplies – EQ Mag
The suspension of import duties, quotas and trade defence measures on Ukrainian exports to the European Union – known as the Autonomous Trade Measures (ATMs) – are in place for another year. This strong testament to the EU’s unwavering support for Ukraine will help alleviate the difficult situation faced by Ukrainian producers and exporters because […]
Russia-occupied nuclear plant in Ukraine cut off from power grid – EQ Mag
The Russian-occupied Zaporizhzhia nuclear power plant in southern Ukraine has been cut off from its external power supply and is relying on emergency generators to cool nuclear fuel and prevent a disaster. Each side blamed the other for the power outage on Monday. A Russia-installed local official said Ukraine had disconnected a power line and […]
Ukraine targets 50% of power from renewables to boost energy security – EQ Mag
Shifting to green energy will allow decentralising electricity generation, reducing the vulnerability of the power system, and increasing the security of energy supplies, Galushchenko said Ukraine aims to increase the share of renewable energy in its power generation to 50 per cent to boost energy security, the country’s Energy Minister Herman Galushchenko has said. “We […]
Building a competitive solar-PV supply chain in Europe – EQ Mag
Can European businesses achieve a competitive position in the global solar-PV supply chain and strengthen Europe’s energy transition and resilience? It’s challenging but a potential pathway exists. Europe has committed to being a climate-neutral society by 2050.1 This is an ambitious target, which has been complicated by the energy crisis and the Ukraine conflict, as […]
Ukraine struggles to restore power as Russia targets energy grid – EQ Mag
Only half of Ukraine’s power demand being met: grid operator; We are an unbreakable people, says President Zelenskiy Much of Ukraine remained without heat or power after the most devastating Russian air strikes on its energy grid so far, and in Kyiv residents were warned to brace for further attacks and stock up on water, […]
The net-zero transition in the wake of the war in Ukraine: A detour, a derailment, or a different path? – EQ Mag Pro
The invasion of Ukraine will, at least initially, complicate the transition path to a net-zero economy, but this tragic development could still prove to be a turning point in accelerating progress in the medium run. The Russian invasion of Ukraine1 has ushered in a humanitarian crisis of a scale not seen on European soil since […]
Update on Scatec’s operations in Ukraine – EQ Mag Pro
Oslo : Scatec’s main priority in this critical situation is the safety of our employees. Scatec has 66 employees and owns and operates five solar plants totalling 336 MW in Ukraine. The power plants are located in the central and southern parts of the country. An emergency response organization has been mobilised and is assisting […]
Oil rates inching closer towards $100-mark on Russia-Ukraine escalation – EQ Mag Pro
MELBOURNE : Oil hit its highest since 2014 on Tuesday as tensions between Russia and Ukraine escalated after Moscow ordered troops into two breakaway regions in eastern Ukraine, adding to supply concerns that are pushing prices to near $100 a barrel. The United States and its European allies are poised to announce new sanctions against […]
KSTAR And a Dubai PV Developer Sign MoU For 76 MW Solar Project of Ukraine
China’s solar inverters and energy storage system manufacturer KSTAR has announced recently that it has signed a Memorandum of Understanding (MoU) for 76MW solar project of Ukraine with CMEC (China Machinery Engineering Corporation) and a Dubai PV developer in UAE. The Chinese giants KSTAR and CMEC have teamed up with a Dubai PV developer to […]
