EU Renewables Revenue Cap ‘Illegal’, Says LichtBlick
LichtBlick Commissioned Report By Raue Sees Revenue Cap On Renewables As Slowing Down Their Expansion
German green energy service provider LichtBlick has termed the European Commission’s (EC) proposal to cap revenues of renewable energy generators at €180 per MWh as ‘illegal’ and something that would slow down their expansion, after it sought.
Further EU Backing For German Renewable Energy Act
European Commission Approves Additional Measures For German Renewable Energy Act
The European Commission (EC) has approved new measures to support Germany’s Renewable Energy Act (EEG) 2021 including an additional round of ground mounted and rooftop solar tenders in 2022 with a revised mechanism to improve their competitiveness.
EU Proposes Capping Revenues Of Renewable Producers
European Commission Proposes Capping Revenues Of Infra-Marginal Producers At €180/MWh Across EU
In a bid to tame skyrocketing energy prices, the European Commission (EC) has proposed a series of emergency measures, including temporarily capping revenues for producers of lower cost power generation technologies as renewables, nuclear energy and lignite among others, at €180 per MWh.
EU One Step Closer To 45% Renewables Target For 2030
European Parliament Votes To Increase 2030 RE Target To 45%; SPE Calls On Council To Come On Board Soon
The European Parliament has finally voted to increase the European Union’s (EU) share of renewable energy in its final energy consumption to 45% by 2030, with the energy savings targets increased to 40% of final energy consumption and 42.5% of primary energy consumption.
€3.26 Billion For Slovenia’s Sustainable Development
Slovenia To Promote Renewable Energies With European Commission’s Cohesion Funding
The European Commission (EC) has committed €3.26 billion funding for Slovenia under its Cohesion Policy, to support its sustainable development initiatives, out of which the country will invest €806 million for low-carbon transition towards a net zero carbon and resilient economy.
REC Group’s French Plans Win EU Funding
EU Picks REC Group’s 2 GW HJT Module Manufacturing Plant under 2nd Innovation Fund Round
Norway’s REC Group has been selected as one of the 17 winners of the European Commission’s (EC) 2nd round of Innovation Fund awards, paving the way for the company to build a 2 GW heterojunction solar module manufacturing fab in France.
EU Thumbs Up For €242 Million Lithuania’s RE Plan
European Commission Positively Assesses Lithuania’s €2.2 Billion Recovery & Resilience Plan That Pledges €242 Million For Renewables & Storage
The European Commission finds the Lithuanian recovery and resilience plan with a total budget of €2.2 billion is a good fit to enable the country recover strongly from the COVID-19 pandemic.
DKK 3 Billion Danish RE Support Scheme Cleared By EU
Denmark Secures European Commission’s Approval For €400 Million Renewable Energy Production Support Scheme, To Be Awarded Through Competitive Process; Scheme To Be Open Till 2024
The European Commission (EC) has stamped its approval to a renewable energy electricity production support scheme of Denmark allowing the country to set aside a maximum of DKK 3 billion or €400 million ($481 million) budget to be invested till 2024.
€1 Billion Call From European Commission Under Green Deal
European Commission: €1 Billion Call Under Horizon 2020 Green Deal To Back Research & Innovation Projects To Boost Green Transition
The last and the biggest call by the European Commission for its Horizon 2020 Green Deal includes opportunities for international cooperation in addressing the needs of less-developed nations, particularly in Africa.
EU Call For Proposals Under Innovation Fund
European Commission Launches €10 Billion Innovation Fund To Support Innovative Low-Carbon Technologies; €1 Billion Available Under First Call For Proposals
The European Commission has invited proposals for its €1 billion ($1.1 billion) Innovation Fund to finance breakthrough technologies for renewable energy, energy-intensive industries, energy storage, carbon capture use and storage.
€25 Billion Support To Tender 15 GW RE In EU?
Euractiv: European Commission May Include €25 Billion Capital Investment For 15 GW Renewable Energy Tendering Scheme Under EU Recovery Plan For COVID-19
A European Commission economic recovery plan to boost the EU's troubled economy due to the pandemic shows renewables may get some part of the €1 trillion package being planned for various industries.
European Nations Pitch For Local RE Manufacturing
COVID-19: Lithuania Leads Austria, Estonia, Greece, Latvia, Luxembourg, Poland & Spain To Urge European Commission To Back Local European Production For Solar, Wind & Storage Technologies
8 EU member nations have written to the EC to look to renewables as solar and wind to address the economic and social consequences of the pandemic. The initiative is led by Lithuania.
Green Recovery Alliance Launched In Europe
Signatories Representing Corporate Biggies, European Members Of Parliament, Trade Associations Among Others Launch Green Recovery Alliance To ‘Reboot’ European Economy Post COVID-19 Pandemic Impact
A total of 180 members of the European Parliament, CEOs of various companies, NGOs and trade unions have launched what they call as the Green Recovery Alliance to lobby for the European Union (EU) to ensure green principles are at the heart of the EU.
EU Approves Italy’s Renewable Energy Scheme
Italian Renewable Energy Scheme Worth €5.4 Billion Gets European Commission’s Nod; Renewable Installations With More Than 1 MW To Compete For Premium
European Commission gives green light to Italy’s renewable energy scheme as it is in line with the EU environmental objectives and common state aid rules.
Shinetime Removed From MIP
European Commission Found Chinese Producer Selling Below The Minimum Price Undertaking
The European Commission (EC) has removed Shinetime of China from its Minimum Import Price Undertaking (MIP). The PV module producer from China, also called Zhejiang Xiongtai Photovoltaic Technology Co.
