European Union

Five EU member specifies urge bloc to get to 1TW of installed solar PV by 2030
The European Union (EU) need to establish greater solar PV release targets as well as speed up the energy shift to phase out its energy dependency on Russia immediately, according to 5 member states of the bloc.
May 9, 2022 // Markets & Finance News, Spain, rooftop, Europe, Belgium, European Union, Lithuania, Luxembourg, Austria, european commission, energy transition, deployment target, european manufacturing, domestic manufacturing, REPowerEU
Enel indicators grant agreement with EU for 3GW bifacial PV module facility in Italy
Enel Green Power (EGP) has actually signed a grant agreement with the European Commission for a 3GW PV module plant in Catania, Italy, with an R&D commitment to pursue tandem cell manufacturing in the coming years.
Apr 4, 2022 // Manufacturing News, Markets & Finance News, Italy, Europe, heterojunction, enel green power, European Union, european commission, module manufacturing, european manufacturing
SolarPower Europe reveals 8 activities required to reach 1TW of solar PV by 2030
SolarPower Europe has actually provided a list of 8 actions that will certainly assist Europe speed up solar release to reach a total capacity of 1TW by 2030 and decrease its reliance on Russian fossil fuel imports.
Mar 31, 2022 // Manufacturing News, Markets & Finance News, UTILITY-SCALE SOLAR, Ukraine, Europe, SolarPower Europe, rooftop solar, European Union, european commission, grid connection, permitting, european solar, russian gas, training
Europe can halve gas usage, save US$ 350bn by 2030 by doubling renewables release
Europe can cut in half the amount of gas in its energy mix and decrease energy costs by EUR323 billion (US$ 356 billion) if it rapidly accelerates renewable release, according to a brand-new report from energy technology group Wärtsilä.
Mar 29, 2022 // Markets & Finance News, Ukraine, Europe, European Union, IEA, european commission, Wartsila, Fossil Fuels, energy crisis, russian gas
War in Ukraine to 'turbocharge' green hydrogen production in a 'make or break' decade
The war in Ukraine will certainly "turbocharge" the worldwide green hydrogen industry as the price of choices rise by more than 70% as well as Europe seeks to reduce its reliance on Russian gas with a series an economic bundles, according to Rystad Energy.
Mar 22, 2022 // Markets & Finance News, Ukraine, Europe, European Union, green hydrogen, rystad energy, electrolysers, REPowerEU, russian gas
China anticipated to add up to 99GW of solar PV yearly with 2025, Europe currently its biggest export market
China is anticipated to include 83-- 99GW of PV capacity each year from 2022 to 2025, while Europe is currently its biggest export market for solar products, according to a China Photovoltaic Industry Association (CPIA) report on the expectation for the PV industry over the next few years.
Feb 24, 2022 // Manufacturing News, Markets & Finance News, China, CPIA, polysilicon, Asia, wafers, modules, European Union, distributed solar, cells, export, deployment stats
Italy's solar profit clawback to have 'significant influence' on renewables financial investment, profession bodies warn
A brand-new policy in Italy that claws back the profits of solar PV projects will certainly weaken investor confidence and jeopardise the European Union's (EU) clean power transition, a group of profession associations, consisting of SolarPower Europe, has actually warned.
Feb 3, 2022 // Markets & Finance News, Policy, Italy, Europe, subsidies, SolarPower Europe, European Union, feed-in tariff, italia solare, windeurope, Eurelectric
Solar 'begins to soar' in Europe as generation leaps 27% in two years-- Ember
Solar is booming throughout Europe, generating 27% even more power last year than in 2019, according to brand-new analysis from power thinktank Ember.
Feb 3, 2022 // Plants, Markets & Finance News, Policy, Spain, Italy, Europe, Netherlands, European Union, Ember
EU Lawmaker Desires A Lot More Support for Poor Throughout Green Transition
The European Union ought to bolster a new climate fund to secure its poorest people from the costs of the green power transition, according to a report from an essential lawmaker seen by Bloomberg News.
Jan 18, 2022 // Markets & Finance News, European Union
2021 Best Year in History for Solar in the EU: Report
The 27 participant states of the European Union saw around 25.9 GW of new solar PV capacity attached to their grids in 2021
Dec 27, 2021 // Market Research, Spain, France, Germany, Poland, Europe, Netherlands, European Union, SolarPower Europ
New EU buildings proposal would certainly accelerate on-site solar installs, trade body claims
Trade organization SolarPower Europe has invited a proposal from the European Union's executive branch that would certainly see all brand-new buildings in the bloc be powered by renewables "as for possible" as well as produce no on-site carbon exhausts from fossil fuels from 2030.
Dec 17, 2021 // Residential, Markets & Finance News, Policy, Rooftop PV, SolarPower Europe, European Union, european commission, European Green Deal, EnergyStorageEU
Yearly EU solar PV deployment reaches brand-new high of 25.9 GW.
The European Union's (EU) solar PV market has actually navigated a year besieged by supply chain disruptions and module prices hikes to post record levels of yearly deployment, according to research from SolarPower Europe (SPE).
Dec 16, 2021 // Plants, Markets & Finance News, Grids, UTILITY-SCALE SOLAR, Spain, Sweden, France, Germany, Hungary, Europe, Netherlands, Denmark, European Union, deployment statistics, spe
Solar modules readied to gain from reduced VAT rates in EU
Solar modules marketed in the European Union (EU) could be subject to lower value included tax (VAT) rates after an agreement was reached this week by finance ministers from throughout the bloc.
Dec 9, 2021 // Markets & Finance News, SolarPower Europe, European Union, legislation, tax, european council
European Commission accepts US$ 2.5 bn Greek policy to sustain 4.2 GW of renewables
The European Commission (EC) has actually accepted a EUR2.27 billion (US$ 2.56 billion) Greek scheme to support 4.2 GW of installed renewables capability after analyzing it in the context of EU state help regulations.
Nov 26, 2021 // Markets & Finance News, Policy, Greece, Europe, auction, European Union, european commission, european solar, state aid
Ecologists Disagreement 'Green' Status of Hybrid Cars
Hybrid cars are increasingly becoming preferred in the European Union as ecologically conscious drivers are moving away from traditional vehicles.
Nov 5, 2021 // Transport, European Union, Greenpeace, hybrid vehicles, Transport & Environment