EDP, Iberdrola and BayWa r.e. are among the signatories of a new charter that calls on Europe to “accelerate and massively deploy” additional renewables capacity to support the continent’s green hydrogen ambitions.
A proposed joint venture (JV) between renewables firm Acciona and US hydrogen fuel cell maker Plug Power will invest more than €2 billion (US$2.41 billion) to develop a green hydrogen platform in Spain and Portugal.
Spain can be the global leader in producing green hydrogen thanks to its high levels of irradiation and available space for developing new PV projects, it has been suggested during the Solar Finance & Investment Europe 2021 online event.
There exists a significant opportunity for developers to capitalise on Portugal’s upcoming solar auction to deploy floating PV on the country’s reservoirs, according to panellists speaking at the Solar Finance and Investment Europe online event.
Europe’s solar financing market is evolving at rapid speed, driven by changing dynamics and aided by technological advancements at the asset level. Here PV Tech re-caps the five most significant takeaways from the conference’s opening days.
The government of Western Australia has received 65 expressions of interest (EOI) to produce and export renewable hydrogen from a new hub that could feature up to 1,250MW of solar and 270MW of wind generation.