Renewable Energy

The European Commission’s decision to deliver its hotly anticipated Heat Pump Action Plan late next year instead of this month is a “mistake” that will impact the sector and €7 billion ($7.6 billion) worth of investments, the European Heap Pump Association’s (EHPA) secretary general Thomas Nowak says in a statement.

Three-month solar panel permit wait times, rooftop installations and projects under 50 kW not requiring environmental impact assessments, and a raft of other emergency measures aimed at accelerating the European Union’s (EU) renewable energy rollout have been extended until mid-2024 to combat the energy crisis.

Belgian PV product distributor Ecostal has acquired Project Zero, a business-to-business specialist in Flanders, Belgium. It did not disclose the financial terms of the deal.

The Indian government’s production-linked incentive (PLI) scheme for electrolyzer production has received an overwhelming response, with bids for 2.28 times the capacity that will actually be awarded.

A group of researchers in China has developed an energy management system for modular gravity storage. Compared to single block gravity storage, the modular counterpart offers more flexibility in output power, ease of mass production of related equipment and better flexibility in the selection of weights.

Ark Energy’s 275 MW/2,200 MWh lithium-iron phosphate battery, to be built in the Australian state of New South Wales, has been announced as one of the successful projects in the third tender conducted under the state government’s Electricity Infrastructure Roadmap.

As solar module prices continue to fall, pvXchange.com founder Martin Schachinger explains the difficulties of rebuilding a solar supply chain from scratch in Europe.

British renewable energy company Octopus Energy Group announced it would use a recent $800 million investment to “drive real scale” of heat pump manufacture and installation, and create 3,000 new jobs.

Saudi Arabia-based energy developer ACWA Power says it has signed a power purchase agreement (PPA) with state-owned utility Eskom for a 442 MW solar facility with 1200 MWh of battery storage in South Africa’s Northern Cape province.

Five energy infrastructure projects representing 750 MW of renewable energy generation and 524 MW/4,192 MWh of long-duration storage have been successful to the New South Wales government’s latest tender round, as it prepares for the exit of coal-fired power generation from the Australian state’s electricity grid.