EU Commission suggests renewable energy PPAs can combat skyrocketing energy prices
The situation in the energy markets is tense. Following national pushes for action, the European Commission has now announced its set of recommendations to combat rocketing energy prices.
Re-Source 2021: Kickstarting the renewable energy transition
Re-Source 2021 in Amsterdam has kicked off and the pivotal timing of the event has not been lost on any of the attendees or speakers. It is the time to kickstart the energy transition, and following the European Commission’s endorsement of corporate renewable PPAs as a solution to surging energy prices, this is the room where it could happen.
European Commission hints at solar module carbon footprint standards
A consultation process examining whether legislation is required to ensure the eco credentials of panels and inverters is focusing on eco-design and energy labeling but has also made mention of the need for less carbon intensive manufacturing.
Energy storage projects can apply for inclusion in Euro network plan
Electricity transmission system operators from 35 European countries have opened the call for new storage and long-distance network projects that wish to be included in their next, Europe-wide ten-year grid development plan.
EU raises another €9bn for Covid recovery
The latest, seven-year investment attracted offers worth more than €100 billion from investors and means the European Union has already generated €54 billion of the €80 billion of bond proceeds it is aiming for this year, as part of its five-year, €800 billion NextGenerationEU support package.
EU to start auctioning green bonds next month
An independent third-party has approved the European Commission’s safeguards to ensure the projects in member states financed by €250 billion of green bonds over the next five years, will have genuine emission reduction credentials.
Commission flags up €875m renewables project fund
A call for grant proposals has been promised this month, with the bloc’s executive yesterday firing the gun on a separate exercise related to cross-border EU energy infrastructure projects.
‘World’s largest lead-acid battery output’ planned in Greece
Manufacturer Sunlight plans to invest €30 million to add 1.3 GWh of annual production capacity of lead-acid products by the third quarter of next year. The company will also devote €20 million to expanding its lithium-ion battery assembly lines.
EU approves France’s small scale solar FIT plans
The European Commission has determined France can offer the owners of building-mounted panels with a generation capacity of up to 500 kW a 20-year feed-in tariff without breaching the bloc’s state aid rules.
The Hydrogen Stream: GCL will use Ethiopian natural gas to feed its ammonia and blue hydrogen
Plus there is news this week of a green hydrogen tie-up in India, plans for another German production facility, and of new hydrogen transport networks for Switzerland and the U.S.
