Grenergy Enters Germany For 3 GW Solar
Spain’s Grenergy Forays Into Germany; Planning Further Expansion To Other European Markets
Spanish renewable energy company Grenergy has expanded its geographical footprint to Germany where it targets to grow a minimum of 3 GW of solar power plant portfolio under development before 2025.
Russian RE Auction Shelved To May 2023
Russian Renewable Energy Auction Postponed 2nd Time, To May 2023 Now
Amidst its ongoing war against Ukraine, Russia has decided not to hold renewable energy auctions in the country this year and via a decree has announced May 1, 2023 as the next date, according to the Association for the Development of Renewable Energy (ARVE).
High Raw Material Prices May Jeopardize REPowerEU?
Wood Mackenzie Report Claims Europe Must Aggressively Expand Local Solar Supply Chain To Achieve REPowerEU Goals
Analysts with Wood Mackenzie believe the European Union’s (EU) solar ambitions under its flagship REPowerEU program may suffer with the rise in prices for raw materials and suggest that it would need to create and aggressively expand its local solar supply chain to meet the targets.
EU Announces 600 GW AC Solar Target By 2030
REPowerEU Plan Boosts Solar; Makes Rooftop PV Mandatory For Residential Buildings By 2029
To reduce its reliance on Russian fossil fuels the European Union (EU) will target to bring online more than 320 GW AC solar PV capacity by 2025, scaling it up to 600 GW AC by 2030 under its REPowerEU Plan, enough to displace consumption of 9 billion.
Russian Invasion Fueling Green Hydrogen
Rystad Energy Sees Ukraine War As Having ‘Turbocharged’ Green Hydrogen Production In Europe
Green hydrogen production costs in Europe, especially in the Iberian Peninsula have come down to $4.00 per kg since the Russian invasion of Ukraine, while fossil-fuel linked blue hydrogen now costs $14.00 per kg and gray hydrogen $12.00 per kg, according to analysts at Rystad Energy.
EU’s REPowerEU To Reduce Russia Reliance Short on Solar
EU Stresses On RE To Become Independent Of Russian Gas Supply Before 2030; SPE Criticizes Commission’s Low Solar Ambition
The Russian invasion of Ukraine is acting as a trigger for the European Union (EU) to figure out ways to become independent of Russian gas supply before 2030, for which it has now outlined a plan that also incorporates measures to bring down rising e.
