Following months of discussion and encouragement from the European solar industry, the EU has announced a multi-pronged scheme to drive renewable energy and clean technology development, with the aim of putting the European market at the forefront of the global energy transition.
With a recent wave of policies and renewable reforms, investments are set to be boosted in India with solar-wind hybrid projects and corporate power purchase agreements among key trends.
A proposed law in Spain aimed at clawing back revenues from emissions-free power plants would create risks for renewables investors and favour fossil fuel-fired generation, according to trade groups that have urged the European Union (EU) to intervene.
The Philippines looks set to significantly ramp up its solar deployment, according to Fitch Solutions, which has revised up its forecasts for the country’s non-hydro renewables sector in line with a rapidly-expanding project pipeline and growing regulatory support.
Iberdrola has paused tenders for goods and services associated with the construction of renewables projects in Spain following the introduction of new measures in the country that limit the profitability of non-emitting power plants.
Concerns have been raised that new measures introduced by Spain’s government to limit windfall profits of renewable energy plants could dent investor confidence and impact the stability of the country’s solar sector.
There is likely to be demand across Europe for producing hydrogen from renewable energy, but the right regulatory frameworks and legislation need to be in place for the green hydrogen industry to find success.
Campaign by ratepayer association against rooftop solar support triggers rebuke from 450 organisations, pushing green energy to crossfire of nation grappling with social injustice.
Second instalment (week of 8-14 June) delves into talk of 18GWdc US-wide solar installs in 2020, solar's embrace of online events and the campaign to revive European manufacturing.
Agreement for new solar plants to power all French sites of retail multinational comes as European country eyes post-COVID renewable future, with 152MW in new rooftop tender awards.
