Germany may take ‘painful’ move to fire up coal power Italy, Austria also looking at burning more coal Surging gas prices add to already rising inflation FRANKFURT/MILAN : Europe’s biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that […]
The European Association for Storage of Energy (EASE) assesses Europe’s storage needs around 200GW by 2030 and 600GW by 2050. With the current installed storage capacity at approximately 60MW and a historic deployment level of 1GW/year, a massive ramp-up in uptake of at least 14 GW/year is required to meet the targets, according to EASE. […]
The $263,000-priced Lightyear 0 model uses power derived from the sun to add as much as 70 kilometres (43 miles) of driving range per day A Dutch company is starting deliveries of the world’s first production-ready solar car to customers later this year, promising months of charge-less driving in summer conditions. Lightyear, founded in the […]
Bundesnetzagentur has announced winners of its 3rd rooftop solar PV auction The round was undersubscribed due to significant increase in offered capacity compared to the previous round Tariffs were capped at €0.0891 per kWh and lowest winning bid received was €0.070 per kWh Germany’s Federal Network Agency or Bundesnetzagentur has selected 163 bids with a […]
Renewable energy leader BayWa r.e. will issue Europe’s first-ever tender initiated by a developer, for corporate power purchase agreements (CPPA), totalling 10 terawatt-hours over 10-year contracts. The energy will come from a portfolio of renewable projects located in Germany and Spain. The tender will take place in Autumn 2022 and will see the project’s total […]
WindEurope has published its annual Finance and Investment Trends report. It shows investor confidence in wind energy remains high. Europe invested €41bn in new wind farms in 2021. This is financing 25 GW of new capacity, a record. But the investments are falling well short of the 35 GW a year of new wind the […]
Finnish renewable energy investment company Korkia and UK based renewable energy company Climate ER have entered into a partnership to develop solar energy in Europe. The joint venture targets to develop up to 500 MW of RTB solar assets over the next three years. The first project of this joint venture, Mere Flats Solar Farm […]
Revving up renewables is a major component of Europe’s plans to cut its dependency on oil and gas from Russia, in the wake of its war against Ukraine. That’s good news for efforts to reach net zero, but crucial issues of permitting and energy storage are also going to have to be addressed if Europe […]
In the Greek city of Kozani, juwi made an important contribution to the transformation of energy production in south-east Europe by handing over a utility-scale solar power plant to the Greek energy supplier HELPE. By integrating renewable energies into the existing power infrastructure, dependency on fossil fuels, electricity costs and greenhouse gas emissions will be […]
MUNICH : JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has delivered its bifacial modules to a 204MW Solar Power Plant in Kozani, Western Macedonia (the “Kozani Project”), Greece. The Kozani project consists of 18 project […]