The European Commission has informally approved Portugal and Spain’s request to extend the so-called “Iberian exemption” mechanism. The measure, which limits the price of natural gas for electricity production, was originally scheduled to end in May, but it will now run until the end of the year.
The European Parliament and the Council have reached a provisional agreement to raise the EU’s binding renewable energy target for 2030 to a minimum of 42.5% of the overall energy mix. The bodies also agreed on a further 2.5% indicative target, which would set Europe on a path to at least 45% renewables within this decade.
The European Commission’s long-awaited reform of the European Union’s electricity market proposes to keep the merit order mechanism, but going forward the European energy market will be more strongly characterized by long-term PPAs and bilateral contracts for differences.
Floating solar specialists Ocean Sun and Inseanergy have been involved in a patent dispute over Ocean Sun’s floating solar structure since August 2022. The companies have now announced a settlement, with a “positive result” for both parties.
The European Commission has decided to refer three member states to the Court of Justice of the European Union (CJEU) for failing to turn the EU Renewable Energy Directive into national legislation. The commission is now requesting financial sanctions.
The new EU Batteries Regulation is a blueprint for product legislation, regulating the whole life cycle of batteries in the European Union. Advanced rechargeable and lithium batteries association Recharge says successful implementation of the new regulation requires the prioritization of safety, information reliability, feasibility, market surveillance, and enforcement.
As the US Uyghur Forced Labor Prevention Act demonstrated, companies preparing to spend big on batteries are at risk of being blindsided by supply-chain-related legislation. Here are some tips on how US developers can anticipate policy curveballs.
The European Commission listed tax exemptions, flexible aid, and the promotion of local manufacturing among its key strategies for the Green Deal Industrial Plan. However, the SolarPower Europe industry group has criticized the plan’s lack of focus on solar.
The US Patent Trial and Appeal Board has issued a favorable decision for Hanwha Q Cells over REC Solar’s patent claims. The court has ruled that the contested claims of REC’s US patent were not patentable. The decision is similar to those in courts in China and Europe, according to Q Cells.
Vietnam’s Ministry of Industry and Trade (MIOT) recently introduced new ceiling prices for solar and wind projects that sell electricity to Electricity of Vietnam (EVN). The ceiling price for ground-mounted solar has been slashed from $0.0709/kWh to $0.0502/kWh, threatening the financial viability of large-scale solar projects.
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