The European Investment Bank (EIB) is planning to provide dedicated support to European solar inverter manufacturers amid a call for greater energy security and strategic autonomy.
Global electricity demand is set to grow 2.5 times as fast as overall energy demand by 2030, ushering in what the International Energy Agency (IEA) has dubbed the “Age of Electricity”.
The 26GW Australian Renewable Energy Hub (AREH) in Western Australia has secured AU$21 million (US$14.71 million) in funding from the Australian Renewable Energy Agency (ARENA) to advance large-scale hydrogen production capabilities that will support green iron manufacturing in the Pilbara region.