Spanish energy distributor doubles EBITDA to €33m-plus after becoming offtaker for 708MW, 300MW and 270MW solar pipelines, marking shift for traditionally wind-leaning player.
Pressure from buoyant Greens and climate strikes sees Merkel-led coalition axe measure but PV reps warn lack of expansion targets will complicate filling gaps from fossil fuel phase-outs.
Traditionally wind-leaning Nordic state could witness PV surge from 998MW in 2018 to 5GW in 2030 and 7.3GW by 2040 via mix of auction and free-market approach, government stats show.
Power market reform and other urgent policy fronts mean country cannot afford paralysis, renewable body FER says as political rifts force calling of new polls.
Europe’s top PV market must drive five-fold solar boom and hit 59GWh storage capacity by 2040 if it is to plug gaps left behind by phase-outs, says industry-backed analysis.
European Investment Bank mulls shifting lending to batteries and market-based clean energy projects as part of policy reboot to help EU lead fight against climate change.
Less red tape could bring about revival of cost-competitive PV without government incentives, Italia Solare event hears days ahead of launch of new subsidy programme.
