European coal fleet will run at a loss of €6.57bn this year
Economic thinktank Carbon Tracker used financial modeling to determine the profitability of every coal power plant in the EU. On average, 79% of the facilities run at a loss, with Germany, Spain and Czechia among the states particularly exposed to the consequences – for coal investors and the public.
Another Polish coal mine powered by solar
Poland’s fourth largest energy company, Enea, will build a 30 MW solar plant for the Bogdanka coal mine in which the utility is majority shareholder. The project will sell power to the mine through a long-term supply deal.
More chances for solar in Polish large scale renewables auction
The advent of permitting restrictions on wind power projects has opened the door for PV in the pending auction for renewable generation facilities with a capacity of more than 1 MW. Wind power dominates Polish clean energy and no solar projects were successful in last year’s exercise.
Poland slashes VAT for residential solar from 23% to 8%
The Polish parliament has adopted new environmental provisions which also include a tax reduction for micro PV. The measure comes on top of the Mój Prąd rebate scheme for residential rooftop projects ranging in size from 2 kW to 10 kW which was launched in July.
R.Power receives ‘record funding’ for 33 MW Polish portfolio
Europe’s coal powerhouse is making progress in the deployment of renewable energy and it appears that the nation’s banks are beginning to see the value of clean-power investment.
Poland announces plans for 1.1 GW of solar
A 600 MW project will be built on degraded land by a Polish investment fund and utility PGE has agreed to build a 500 MW facility for one of the country’s largest energy intensive companies – copper and silver producer KGHM Polska Miedź.
Polish mining company to deploy solar on dead coal sites
Poland’s second largest power company, Tauron, wants to build a 5 MW ground-mounted facility in Jaworzno and is seeking EPC contractors through a tender. The project is part of the company’s plan to deploy PV on its unused sites.
Rooftop PV has reached grid parity in main EU markets
Researchers have developed a high-resolution geospatial method of assessing the solar potential of all buildings in the EU and concluded rooftop PV could provide a quarter of the bloc’s electricity needs. The scientists say grid parity for rooftop solar has been reached outside eastern member states with cheap fossil fuel electricity.
China holds key to corporate solar take-up but lags way behind Texas at present
The Lone Star State accounted for almost half of the activity witnessed in the world’s biggest corporate clean energy marketplace but analysts are excited about the prospect of Beijing mandating companies to purchase minimum levels of green electricity.
Hydrogen buses for Bolzano, Italy
Canadian fuel cell manufacturer Ballard announces order for a dozen units as part of the European Commission’s JIVE initiative for hydrogen-powered public transport across the EU.
