european commission

European Commission greenlights KKR's acquisition of Encavis AG, paving the way for a major move in the renewable energy sector.

The European Commission (EC) revealed on Thursday that the Modernisation Fund has paid out EUR 2.4 billion (USD 2.56 bn) to 31 projects in seven EU countries, consisting of for renewable electricity generation and grid modernisation.

The European Commission (EC) has actually given the go-ahead to French oil as well as gas giant TotalEnergies SE's plan to obtain the remaining 70% stake in domestic renewables-focused independent power producer (IPP) Total Eren.

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.

The European Commission has actually accepted a EUR 259 million Romanian scheme to support financial investments in the production, assembly as well as recycling of batteries, of photovoltaic cells as well as of panels in Romania The aid aims at green change of Romania and the EU.

European Commission approves Romania's state aid of EUR 259m for batteries, solar photovoltaic (PV) cells and panels, partially financed through Recovery and Resilience Facility (RRF).

Ukraine and the European Commission have opened joint consultations to launch a large-scale program of solar energy production by households and communities with the EU. Prime Minister Denys Shmyhal emphasized the importance of the EU's readiness to support Ukraine's efforts to implement the Peace Formula.

The European Commission (EC) on Friday formally released the block's Solar Photovoltaic Industry Alliance, seeking to scale up residential photovoltaic (PV) production and also reduced supply risks by commercialising "Made in Europe" products.

Solar module manufacturer Seraphim Energy Group has actually agreed to supply 1GW of PV modules to European energy company Resolar for its EU operations.

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.

The European Union (EU) Parliament has passed a new resolution condemning civils rights misuses in China's Xinjiang area and also has actually gotten in touch with its exec, the European Commission (EC), to pass tougher profession sanctions on the nation.

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.

The European Commission (EC) intends to accelerate the permitting procedure for renewable energy projects to a maximum of one year, Reuters reported the other day, referencing a leaked draft document it had seen.

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.

The heads of five major energy trade bodies in Europe have written to the European Union and also member states prompting them not to alter the present power price establishing system in light of the continent's energy crisis as well as rather pursue greater renewables rollout.