The UN secretary-general, António Guterres, has issued a stark warning concerning the “dismal litany of humanity’s failure to tackle climate disruption” in an speech in which he set out “five critical actions to jumpstart the renewable energy transition”.
German utility giant RWE has issued a green bond with a volume of €2 billion (US$2.1 billion), the proceeds of which will be used to pursue development of solar and wind projects.
Europe has established a leading position across the green hydrogen value chain but now must accelerate investments to build out infrastructure while committing green hydrogen targets to legislation.
Ahead of the release of the European Commission’s much-anticipated Solar Strategy, PV Tech speaks to numerous industry stakeholders to determine just what Europe’s PV sector needs to fulfil its potential.
PV Tech’s new series of insight-led webinars, PV Tech Insights, kicks off this week to discuss that very challenge, with S&P Global’s George Griffiths joining us to share his expert insight into shipping and logistical challenges facing the solar supply chain.
The world added record amounts of renewable energy last year with 295GW of capacity deployed, up 6% year-on-year, despite supply chain constraints, project delays and high commodity prices, according to the International Energy Agency (IEA), which also expects nearly 320GW to be deployed this year.
The global solar community has called for “robust and fast policies” alongside increased international cooperation to accelerate PV deployment and the energy transition.
The European Commission will next week set out plans to more than double the continent’s installed solar capacity by 2028, according to a draft of the bloc’s REPowerEU plan seen by PV Tech.