european union

A patchwork implementation of the EU’s power revenue cap could stall renewables development and dent investment, according to LevelTen Energy, a power purchase agreement marketplace operator.

European Union countries will introduce a revenue cap on operational solar PV plants as part of a package of emergency measures approved today.

The European Technology and Innovation Platform for Photovoltaics (ETIP PV) has been relaunched to advise policymakers and promote the uptake of solar across Europe.

Plans for a temporary revenue cap on solar PV assets across the European Union (EU) could dent investor confidence in renewables, experts have warned, amid concerns that individual member states may be able to set lower caps specific to different technologies.

Under the REPowerEU scenario to install 750GWdc of solar across the European Union by 2030, the bloc will require 1 million solar workers, double the numbers from 2021.

Industry association SolarPower Europe has welcomed a proposal from the European Commission on an EU market ban for products made using forced labour.

The European Parliament has backed plans to increase the European Union’s (EU) renewable targets as it grapples with the fallout of the war in Ukraine and the rampant energy crisis.

Solar PV plants across the European Union could be subject to a temporary revenue cap under new proposals aimed at helping energy consumers reduce their bills. 

Despite “breakthrough” renewables growth across Southeast and Eastern Europe, the Caucasus and Central Asia in recent years, more needs to be done to boost deployment and reduce the region’s reliance on Russian energy imports.

Measures related to windfall revenues of power generators in Europe should target actual profits only and exempt renewables that do not make windfall profits, SolarPower Europe (SPE) has said.