RE-Source 2022: EU revenue cap hamstrings PPA market in hour of need
The RE-Source 2022 event is taking place this week in Amsterdam amidst what is being described as “the perfect storm” of challenges for the European PPA market. Prices have skyrocketed, permitting continues to hamper accelerated development, and a new European Commission policy decision has only added to the inertia in the market.
Solar-powered synthetic kerosene could be vital bridge to zero-emission flying
A study of the investment and innovation needed to achieve the European Green Deal’s aviation ambitions has highlighted the key role that synthetic fuel can play until hydrogen and electric flights become a reality.
EU member states could use emergency energy measures to penalize solar
SolarPower Europe has called on EU nations to apply a blanket €0.18 ($0.18)/kWh cap on the revenue generated by low-margin power plants, even though Brussels has given member states the freedom to apply different rates to different types of power plants.
Blackstone Capital move for mounting system company under scrutiny
The European Commission’s merger and acquisitions body is running the rule over a plan by New York-based Blackstone Capital to take joint ownership of expansionary Esdec Solar, alongside private equity group Rivean.
Hanwha Q Cells unit prepares investment in IT sales operation
South Korea’s Hanwha Q Cells is preparing to take joint control of LynqTech in Hanover, Germany.
European Parliament approves 45% renewables target
A large majority of MEPs support the European Commission’s target of 45% renewables in the energy mix by 2030. Member states are all expected to develop several cross-border renewable projects.
SolarPower Europe at odds with implications of EU windfall tax on renewables
SolarPower Europe has issued a statement opposing any moves by the European Commission to impose a lower maximum electricity price on renewables than on fossil fuel energy. EU member state energy ministers will meet this week to thrash out emergency measures to protect bill payers.
Greece readies €340 million grid-scale storage plan
Developers in Greece will bid to secure annual payments for large-scale storage facilities that must be operational before 2026.
Pension funds set to buy Dutch rooftop solar installer
The European Commission has an eye on the potential acquisition of Groendus by public retirement funds in the Netherlands and Canada.
The Hydrogen Stream: Porous silicon material for hydrogen production, storage
EPRO Advance Technology has developed new silicon materials for hydrogen production, while Helmholtz-Zentrum Hereon researchers have shown that hydrogen storage materials can be produced from recycled industrial waste.
