Danish developer Better Energy and pension fund Industriens Pension have expanded their partnership with a further investment of €800 million in solar parks across Northern Europe.
The development of Denmark’s grid will be driven by rising electricity demands from consumers rather than the growing renewables sector, a panel of key figures in the country’s green energy sector have suggested.
Firm in Hesse alleges ‘existential threat’ from the government’s failure to make good on pledge to scrap freeze of new subsidies, set to kick in shortly if no action is taken.
Coalition deal on separate row over wind turbines removes last obstacle to the scrapping of subsidy freeze, which would have halted state money once installed PV reached 52GW.
Berlin sees bids below the 5-cent-per-kWh mark as it contracts 300MW-plus to PV players while Budapest overwhelmingly opts for solar in first ever green energy auction.
Anti-pandemic shutdown measures will help reach target-complying 40-45% emission cuts this year but a failure to invest in green growth may make progress temporary, country told.
Solar reps of Europe’s largest market call for deadline extensions amid fears that component delays and staff shortages could see projects lose right to subsidies.