European Parliament members oppose inclusion of gas, nuclear as ‘sustainable investments’
A meeting of the full European Parliament in July will have the opportunity to vote down a divisive proposal to include gas and nuclear energy on a list of “sustainable” power sources.
EU energy fund to commit $514 million for solar projects at Romanian mining waste sites
Panels will be installed at waste sites in five mining towns as part of the latest, €2.4 billion ($2.57 million) round of investment from a fund set up to help coal-dependent European member states with the energy transition.
Investors present European legislators with hydrogen economy wishlist
If the EU is going to drive more than half a trillion dollars worth of hydrogen investment over the coming decades, it will need to get investors onside. The European Investment Bank has surveyed financiers to find out what they want.
Lack of European solar manufacturing could cripple RePower EU bid
Wood Mackenzie says Europe would need to dramatically raise its PV production capability to ensure the 420 GW-plus of new solar it wants this decade does not arrive in the form of Asian panels.
EU wants rooftop PV mandate for public, commercial buildings by 2027, residential by 2029
The president of the European Commission, Ursula von der Leyen, has announced a mandate for rooftop solar on commercial and public buildings by 2027, and for residential buildings by 2029. The EU target for renewable energy has been increased from 40% to 45%.
Latest EU electrolyzer pledge could speed up solar permitting
With an estimated 500 TWh of renewable electricity needed to produce the 10 million tons per year of clean hydrogen wanted by the European Union by 2030, the recent promise to ramp up European electrolyzer production capacity could give a boost to solar developers grappling with sluggish permitting regimes.
Poland prioritizes renewables in pandemic-recovery plans
It should come as no surprise that clean energy spending is a big chunk of Warsaw’s four-year EU grant and loans package, given that the nation’s grid-connected solar capacity rose from 3.99 GW at the end of 2020 to 6.3 GW four months ago, according to the International Renewable Energy Agency.
Greek solar company suffers fresh EU court reversal
The European Court of Justice has told Solar Ileias Bompaina that it must pay the costs of both parties in a seven-year dispute stemming from the former Greek government’s move to reduce solar feed-in tariffs and claw back historic payments.
European Commission could call in Macquarie bid for French developer
Australia’s Macquarie is leading a consortium that has reportedly tabled a €2.5 billion ($2.7 billion) bid for a clean energy business formed by French private equity houses InfraVia and Eurazeo.
European Commission vows to ramp up demand for US gas
The European Union’s executive branch has pledged to generate stable demand as it attempts to shift its gas supply away from Russia in response to the invasion of Ukraine.
