European Union

Europe's leaders have actually gotten in touch with the European Investment Bank (EIB) to check out just how to quicken investments in the power change to minimize the danger of future power price crises.

Renewables team BayWa r.e. as well as its Dutch subsidiary GroenLeven have partnered with Netherlands energy network driver Alliander to develop a pilot eco-friendly hydrogen project powered with a 50MWp solar farm.

Trade association SolarPower Europe (SPE) has called on the European Union to increase the share of renewables in final energy demand to a minimum of 45% by 2030, a relocate says would certainly put the bloc on course to supply on the 1.5 ° Paris Agreement scenario.

Head Of State Joe Biden has actually said this is the "definitive decade" for combating climate modification, as he unveiled a new goal to a minimum of half United States exhausts by 2030.

EDP, Iberdrola and BayWa r.e. are among the signatories of a new charter that gets in touch with Europe to "accelerate and also enormously deploy" extra renewables capacity to support the continent's eco-friendly hydrogen ambitions.

A European Commission-backed project has been released to scale up Europe's PV production sector and also record the continent's "growing need" for solar equipment.

BayWa r.e., Enel Green Power as well as Solarcentury are among the 20 individuals in a new European Union-funded project that intends to boost the efficiency as well as integrity of solar PV components and also systems.

The African Development Bank (AfDB) will lend the government of Burkina Faso €48.82 million (US$54.04 million) to develop 208MWp of PV across the nation under its Desert to Power initiative.

The European Investment Bank (EIB) is debating plans to shift its multi-billion energy funding firepower to back energy storage and free-market renewables more decisively.

A solar PV technology claiming to have achieved 50% higher output than conventional systems in tests has bagged EU research money to speed up its move to large-scale production.

A consortium of European research institutes has received €10.6 million in EU funding to establish pilot production of a high efficiency module concept developed by Swiss startup Insolight. The module combines high efficiency multijunction cells with a solar concentrator lens and has previously demonstrated 29% efficiency.