European Commission agrees on €180/MWh cap for Russian gas
The European Commission has voted in favor of capping the price of gas imported from Russia. The measure was supported by Germany, with the Netherlands and Austria abstaining, and Hungary voting against it. The cap will be triggered if a price of €180 ($190.97)/MWh is surpassed for three days in a row.
European Commission reduces approval time for renewables to 9 months
Members of the European Parliament (MEPs) have amended a European Commission proposal on approval times for new renewables projects. Approvals will be shortened from 12 months to nine for projects in so-called “renewable acceleration areas.”
European Commission aims to accelerate renewable permits
The European Commission wants to bridge the time until the revised Renewable Energy Directive RED IV has been passed and translated into national law, partly by improving conditions for PV systems up to 50 KW in size.
Danish developer set to build Sweden’s largest solar park
European Energy is ready to start building a 128.5 MW solar park in Sweden. The project was halted earlier this year, but that decision has since been reversed. The installation is expected to start generating electricity in 2024.
Eco-design for PV modules, inverters
The Sustainable Solar Europe conference kicked off this week with a focus on the European Commission’s draft regulation on eco-design. The regulation will likely be adopted in the second quarter of 2023.
Portugal offers remuneration boost to solar auction winners
The Portuguese government said in a new legal decree that it will adjust the prices, according to inflation, of winning bids from its record-breaking solar auctions in 2019 and 2020. It will also extend the period during which projects can sell electricity at spot market prices by 12 months.
Pakistani regulator to raise payments for net-metered households
Pakistan’s National Electric Power Regulatory Authority (Nepra) has concluded a public consultation on a proposed amendment to 2015 regulations for distributed generation and net metering. It will raise the price paid by net-metered households to inject excess electricity into the grid from PKR 19.32 ($0.089)/kWh to PKR 9/kWh.
Fimer secures €45 million of funds, announces relaunch
Italy’s Fimer has launched proceedings to restructure its debt and is now ready to restart production.
EU proposes €0.18/kWh price cap on solar, wind
European Commission President Ursula Von der Leyen has announced a mandatory electricity usage reduction of at least 5% during peak price hours. Electricity market restructuring measures and a €3 billion ($2.9 billion) investment for a new green hydrogen bank were also on the agenda.
Ampt lawsuit asks that SolarEdge remove inverters and controllers from market
Ampt posits that all of SolarEdge’s technology is in violation of patents controlled by the Colorado company, and that they should be required to immediately cease all sales.
