The European Council (EC) yesterday reached an agreement on a revision to its Renewable Energy Directive (RED) as part of its ‘Fit for 55’ package that has increased its renewables targets and called for accelerated permitting for clean energy projects.
A proposed law in Spain aimed at clawing back revenues from emissions-free power plants would create risks for renewables investors and favour fossil fuel-fired generation, according to trade groups that have urged the European Union (EU) to intervene.
Solar developer Procon Solar GmbH has sold a 400MW PV project pipeline to German energy company EnBW, with the potential for this to double over the next year as EnBW targets 50% of renewables in its generation mix by 2025.
Solar glass provider Xinyi Solar has issued a profit warning after the price of solar glass fell and the price of key components and energy inputs rose.
South Korean developer SK D&D has signed a co-investment memorandum of understanding (MOU) with renewable energy investment fund manager Glennmont Partners to target opportunities in solar PV projects in South Korea.
The Australian Centre for Advanced Photovoltaics (ACAP) has received funding from the country’s new government to continue its solar research activities until 2030.
