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.
German investment firm Aquila Capital has raised €1 billion in financing to support the development and construction of a 2.6GW renewables pipeline in Spain and Portugal over the next three years.
PV Tech sat down with Claire Gardner, marketing manager at inverter specialist Solis, to discuss the potential growth of European markets, the rising interest in energy storage and the importance of accurate energy data.
European countries need to double the pace of solar PV installations if the continent is to keep pace with its climate commitments, new research from Ember has revealed.
