Bringing clean African electrons to Europe
A raft of ambitious interconnection projects has been announced to bring African electrons to European shores. While there are financial and supply chain challenges to overcome, the renewables potential on offer across North Africa is exciting investors.
Masdar acquires 70% stake in Terna Energy
Abu Dhabi-based Masdar has taken a majority stake in Greek renewable energy company Terna Energy, with plans to launch an all-cash mandatory tender offer to acquire the outstanding shares.
Greece, EU set up €1.6 billion fund for island decarbonization
The Greek government, the European Commission, and the European Investment Bank (EIB) have launched the Islands Decarbonisation Fund. They have initially secured €1.6 billion ($1.7 billion) to finance decarbonization projects across the Greek islands.
Greece launches 200 MW battery storage auction
Interested parties can submit bids by December 23. Awarded projects will be announced in February 2025 and need to be connected to the grid by April 2026.
The Hydrogen Stream: EU to move forward with H2 projects
The European Union will continue advancing hydrogen projects, focusing on infrastructure design and supporting production with European equipment, according to Ursula von der Leyen, president of the European Commission.
Greek researchers develop privacy-preserving PV forecasting technique
Researchers from Greece have developed a PV forecasting technique for prosumer schemes using federated learning, a machine learning method that sends local model updates to a central server for correction. Their simulations show surprising results compared to centralized forecasting.
Rooftop PV installations could raise daytime temperatures in urban environments by up to 1.5 C
New research from India shows that rooftop PV system may have “unintended” consequences on temperartures in urban environments. Rooftop arrays, for example, may potentially lower nighttime temperatures by up to 0.6 C.
Greece adds 1.5 GW of new solar in January-September period
The Hellenic Association of Photovoltaic Companies (Helapco) says new figures reveal that Greece’s solar sector is growing faster than expected and could reach the nation’s 2030 target of 13.5 GW by 2026. By the end of the year, its cumulative PV capacity could exceed 9.2 GW.
Greece announces downsized auction for battery storage in coal regions
The Greek government decided to auction 100 MW less capacity than initially sought and to offer more money to the awarded projects than expected.
EU-funded project seeks set up pilot production of large-area perovskite PV modules
The EU-funded Laperitivo project aims for 22% efficiency in 900 cm² opaque perovskite modules and 20% efficiency in semi-transparent ones. The project partners include imec, Fraunhofer ISE, TotalEnergies, and EDF.
