European Commission approves Berlin’s H2Global initiative, which offers a route to market for large-scale renewable hydrogen facilities around the world A €900m ($1bn) plan to subsidise green hydrogen production in non-EU countries for import into Germany has been approved under EU state aid rules by the European Commission. Berlin launched the H2Global scheme earlier this […]
Germany’s New Coalition Unveils Plan to Green Economy Faster – EQ Mag Pro
Germany’s new coalition government stepped up efforts to slash greenhouse gas emissions with a faster coal exit, more renewables and a new carbon price floor. The incoming government agreed that Europe’s powerhouse economy will stop burning coal for electricity by 2030, eight years earlier than planned, according to a coalition agreement document. Rapid expansion of […]
Spanish Outfit Bruc, Germany’s IBC Solar to Develop 20-MW PV Portfolio in Japan
Bruc Japan, a renewables platform run by Spanish fund manager Bruc Management, signed a partnership agreement with German PV and energy storage developer IBC Solar to develop a 20-MW solar portfolio in Japan. The duo plans to build 16 solar farms at several locations in Japan, Bruc Management announced on Monday. The projects will require […]
Solar-Plus-Storage Projects Win 258 MW of Capacity in Germany’s Latest Renewable Energy Auction
Germany’s second ‘Innovation Tender’ for clean energy projects combining different technologies has awarded 258MW of capacity to solar-plus-storage across 18 bids. The federal network operator, Bundesnetzagentur, announced the results of its latest tender for large-scale solar, onshore wind, biomass and the newer innovation category last Friday. The bidding window closed for all categories on 1 […]
A Just Transition to a Zero-carbon World Is Possible. Here’s How.
The global shift to a green economy could create 18 million jobs, with the potential to provide high-quality employment and livelihoods around the world. But what about the people and communities whose livelihoods, right now, depend on the fossil fuel or other high-carbon sectors? An estimated 6 million jobs in coal-powered electricity, petroleum extraction and […]
