european union

The European Commission has targeted a 90% share of EU electricity consumption by 2040 to come from renewables – mostly solar and wind – and complemented by nuclear energy, according to a leaked draft first obtained by French media Contexte.

118 countries have signed the ‘Global Renewables and Energy Efficiency Pledge’ on Saturday (2 December) at COP28 in Dubai to treble global installed capacity by 2030.

EU committees have adopted a draft regulation banning solar products with forced labour in their supply chains from entering the EU.

The statement comes off the back of a report from the Joint Research Centre (JRC) analysing the potential and challenges for AgriPV in the European market.

Solar PV has led the European Union’s growth in renewable energy generation during the first half of 2023, up 13% from H1 2022.

The EU will need to create a more resilient supply chain, improve the grid, and reexamine multiple constraints to achieve a more orderly energy transition, according to a study conducted by analysis company McKinsey.

On Wednesday 19 July, The European Parliament (EP) has approved by 55 votes in favour and 15 against reforming the EU Electricity Market Design.

Electrification cable manufacturer Nexans has been awarded a €1.43 billion (US$1.59 billion) contract for a portion of the EuroAsia Interconnector subsea cable, connecting Greece and Cyprus.

The CEO Alliance, which includes utilities Iberdrola and Enel, has released a policy paper which recommends the European Union to accelerate and simplify permitting procedures for renewables.

The Italian Ministry of the Environment and Energy Security (MASE) has said that it intends 65% of the country’s electricity generation to come from renewable energy by 2030.