REPowerEU
Finland, Luxembourg Commit For EU's Renewable resource Financing Mechanism
Luxembourg will participate as an adding nation, voluntarily contributing EUR 40 million to the mechanism.
Finland will certainly get involved as a host country, allowing solar PV projects situated in its region with a total capacity of up to 400 MW to participate in the renewable resource tender.
Feb 28, 2023 // Markets & Finance News, Europe, Luxembourg, Finland, european commission, European Green Deal, REPowerEU, CINEA, EU renewable energy financing mechanism, EU renewable energy tender, EUR 40 million, European Climate Infrastructure and Environment Executive Agency
Fluence, TransnetBW To Build 250 MW Energy Storage System
The 250 MW Netzbooster battery-based energy storage system will be found at Kupferzell, Germany.
The Netzbooster project is prepared for completion in 2025 as well as will certainly minimize operating prices of Germany's transmission system.
Oct 7, 2022 // Storage, Fluence, Paul McCusker, REPowerEU, Werner Götz, Fluence Energy GmbH, Kupferzell, Markus Meyer, Netzbooster battery-based energy storage, storage-as-transmission project, TransnetBW, TSO
ICIS Starts Europe's First Market-Linked Renewable Hydrogen Assessments
The Hydrogen Assessments will support participants with the intelligence needed to create a liberalised clean hydrogen market and optimise energy shift sources.
The assessments are the initial market-based assessments that are structured to be certified with European Union and also UK government standards for generating renewable hydrogen.
Sep 29, 2022 // Solar to Fuel, green hydrogen, Renewable Electricity, pexapark, renewable hydrogen, REPowerEU, clean hydrogen, energy transition in Europe, Europe hydrogen price assessments, hydrogen price assessments, ICIS, Independent Commodity Intelligence Services, Simon Ellis, Stuart Wood
Seraphim to supply 1GW of PV modules to Resolar for EU solar projects
Solar module manufacturer Seraphim Energy Group has actually agreed to supply 1GW of PV modules to European energy company Resolar for its EU operations.
Jul 22, 2022 // Markets & Finance News, modules, european energy, European Union, seraphim, european commission, seraphim solar, module supply deals, REPowerEU, resolar
Europe to rollout nearly 40GW of solar PV by end of 2022 in record year for deployment
Almost 40GW of solar PV will certainly be rolled out throughout Europe by the end of the year, according to SolarPower Europe (SPE), as the continent scrambles to release renewables as well as wean itself off Russian gas.
Jul 21, 2022 // Markets & Finance News, pv power plants, Europe, SolarPower Europe, european energy, european commission, european solar, REPowerEU, russian gas
Spain's earnings clawback plan 'would harm renewables investment motivation'
A suggested law in Spain focused on clawing back revenues from emissions-free nuclear power plant would develop threats for renewables investors as well as favour fossil fuel-fired generation, according to trade teams that have advised the European Union (EU) to intervene.
Jun 28, 2022 // Markets & Finance News, Policy, Spain, Europe, European Union, windeurope, Eurelectric, REPowerEU, AELEC
EU putting energy transition 'on turbocharge' as nationwide strategies boost renewables
European Union (EU) member states are preparing a surge in renewables to change fossil-fired generation as COVID-19, soaring gas rates as well as Russia's war in Ukraine taxed nations to relocate in the direction of cleaner and also less expensive sources of power.
Jun 2, 2022 // Markets & Finance News, Policy, rooftop solar, European Union, decarbonisation, covid-19, Ember, REPowerEU, gas prices, ukraine crisis, CREA
Ørsted chief executive officer requires faster renewables release as Gazprom halts gas supply to Danish company
A decision by Russia's Gazprom to stop providing gas to Ørsted highlights the requirement for the European Union (EU) to speed up renewables deployment, the chief executive officer of the Danish energy business has said.
Jun 2, 2022 // Markets & Finance News, Policy, Europe, Denmark, European Union, gazprom, Orsted, gas, REPowerEU, ukraine crisis
Ocean Sun asks for faster floating PV permitting, eyes utility-scale projects
Floating solar system supplier Ocean Sun is preparing to scale up the utility-scale deployment of its technology as its management requires more regulative frameworks to unlock the potential of the floating PV segment.
May 31, 2022 // Large-Scale, Commercial, Floating PV, floating PV, European Union, co-location, Ocean Sun, offshore solar, REPowerEU
ESMC launches EU-wide project for solar manufacturing, member states urged to join
The European Solar Manufacturing Council (ESMC) has actually launched an Important Project of Common European Interest (IPCEI) for PV aimed at mobilising EU member states' support for breakthrough solar manufacturing technologies and also aiding their commercialisation.
May 23, 2022 // Manufacturing News, Europe, REPowerEU, ESMC, ipcei
Green hydrogen infrastructure, legislation required to build on REPowerEU plan
Europe has established a leading position throughout the green hydrogen value chain but now should increase financial investments to develop out infrastructure while committing green hydrogen targets to legislation.
May 18, 2022 // Markets & Finance News, Policy, European Union, green hydrogen, european commission, legislation, REPowerEU
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
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
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