Europe

Current climate targets can only be achieved with a step away from fossil fuels towards renewable energy, and towards an all-electric society.

The development includes the 445MW Bilasuvar solar PV project, the 315MW Neftchala solar PV project, in addition to a 240MW wind project.

Finlay Colville noted that a greater emphasis on domestic manufacturing “changes the whole supply chain,” at the UK Solar Summit.

Earlier this month the agriculture minister, Francesco Lollobrigida, announced a plan to "put an end to the wild installation of ground-mounted photovoltaics" on land classified as agricultural land.

A report from Ember Climate notes that wind and solar generation in the EU have cut fossil fuel generation by one-fifth between 2019 and 2023.

Ember Climate suggests that the EU will need to invest at least €58.4 billion a year on transmission and distribution grids.

Brookfield intends to acquire French independent power producer (IPP) and renewables and energy storage developer Neoen.

Sunmind, a subsidiary of construction firm VINCI Concessions, has acquired solar developer Helios Nordic Energy for US$73 million.

Juan Monge, principal analyst at Wood Mackenzie, says the EPBD timeline is plausible, although “the devil is in the detail”. 

Fraunhofer ISE has developed a TOPCon solar cell with a power conversion efficiency of 24%, which is comprised of M10 silicon wafers.