EU likely to eliminate MIPs for Chinese solar products
In a meeting in Brussels, the majority of EU member states have decided not to re-apply the anti-dumping and anti-subsidy measures for crystalline solar PV modules and cells. As such, the undertaking on the minimum import price (MIP) is likely to end on September 3.
Longi exempt from EU minimum import price for products from Malaysia
The Chinese PV manufacturer has proved to the European Commission that it does not use products from China at its Malaysian plant. Therefore, the commission has exempted these products from the applicable minimum import price regime.
Italy and Spain join group of countries supporting 2030 binding renewable energy target of 35%
According to the EU Commissioner for Energy and Climate Action, Arias Cañete, negotiations among all EU members on final target are still ongoing, and face several issues.
Gas Natural Fenosa launches power-to-gas project as advocates of the technology call for policy clarity
The Spanish power provider developed the pilot project with the Institut de Recerca en Energia de Catalunya and German spin-off Ineratec. Meanwhile, the European Power to Gas Platform has issued a paper demanding more regulatory certainty for power-to-gas, and to include it as an alternative in the cost-benefit analysis for grid extensions.
Siemens backs Northvolt’s Swedish battery factory plan with €10m
The German group has joined the project as a technology partner, and brings €10 million. Siemens will conduct digitalization of the value chain for Northvolt production and will be supplied with the factory’s products
Ireland offers funding for European collaboration on renewables
The Sustainable Energy Authority of Ireland (SEAI) has announced a €500,000 fund of Irish government and European Commission cash to promote sustainable energy technology development
European Commission unveils sustainable financing roadmap
An estimated €100 billion in additional investment is needed, annually, to reach Europe’s 2030 energy goals, states the European Commission, which has today released a roadmap to create a financial system that is focused on sustainable investment.
Northvolt battery project approved for EIB loan that could reach €52.5m
The Swedish storage developer will receive the loan funds via the European Commission’s InnovFin fund, which is part of the Energy Demo Projects facility.
EU approves capacity mechanisms for Belgium, France, Germany, Greece, Italy and Poland
The European Commission stated that capacity mechanisms in these five electricity markets are in line with EU state aid rules, and that all of the mechanisms are “well-designed”. SolarPower Europe says further supporting most polluting power generation forms through capacity mechanism simply does not make sense anymore.
EU Parliament votes in favor of 2030 binding renewable energy target of 35%
The European Parliament has approved a proposal to raise the target submitted by its Committee on Industry, Research and Energy (ITRE) in late November.
