Poland: RE support scheme approved, financing for 55 MW PV projects secured
A PLN 40 billion (around €9.4 billion) Polish support scheme for renewable energy has been approved by the European Commission. Meanwhile, Guernsey-based Sequoia Economic Infrastructure Income Fund has agreed to provide financing for ReneSola’s 55 plants in Poland, each with a capacity of 1 MW.
New EU anti-dumping rules signed off
The new legal framework for anti-dumping, designed to protect the EU against unfair trade practices, has been signed. It will come into force on December 20.
EBRD earmarks $22 million for 50 MW Jordan PV plant, $100 million for green bonds
The European Bank for Reconstruction and Development is providing a US$22 million shot in the arm for a 50 MW solar power plant in the Risha region developed by Saudi ACWA Power. The bank has also announced plans to invest up to $100 million to back development of the green bond markets, and pledged its support to city climate projects allocating over $500 million with an eye to scaling up green urban financing.
EU launches battery alliance
“Airbus for batteries”-style alliance announced this week in Brussels aims to expedite European battery cell manufacturing and strengthen continent’s storage value chain in face of Asian and U.S. competition.
European Commission to reduce minimum import price quarterly
The EU has published its decision to review the undertaking and the minimum import price (MIP) for crystalline PV products from China. As was proposed in July, the MIP will now be reduced quarterly beginning in October. For some Chinese manufacturers, the MIP, as well as a variable duty, is to be applied in future.
EU excludes two more Chinese module makers from minimum price undertaking
The Chinese solar manufacturers AE Solar and Wuxi Saijing have violated the agreement on the minimum price for the import of their modules to Europe.
DNV GL report criticizes EU demand response regulations
A study carried out by energy consultants DNV GL has found that the European Commission’s draft proposal on demand response regulations is “incompatible with market principles,” and made several recommendations for its improvement.
New EU solar pricing proposal ‘divorces prices from reality’, says SolarPower Europe
Intended update for MIP by the European Commission’s DG Trade will set a pricing schedule for panels and cells on the European market that does not reflect market realities, trade body argues.
EU greenlights Hungary’s incentive program for renewables
The European Commission said the support scheme is in line with its 2014 Guidelines on State Aid for Environmental Protection and Energy.
Europe presses the gas on decarbonization drive with launch of two campaigns
Electrification Alliance and “Make Power Clean” initiative unveiled over past few days to increase the volume on decarbonization across Europe. Solar body SolarPower Europe at forefront of both movements.
