EU Endorses Romania, Hungary’s Modified RRF Plans
Both Countries Add REPowerEU Chapter To Accelerate Green Energy Generation & Strengthen Electricity Sector
The European Commission has green-signaled the modified Recovery and Resilience Facility (RRF) plans of Romania and Hungary, both of which have added a REPowerEU chapter to accelerate green energy deployment to become independent of Russian fossil fu.
EU Adopts New Renewable Energy Directive
EU To Adopt 42.5% Renewable Energy Ambition For 2030, Mandating Its Uptake For Various Sectors
The European Union (EU) has reached the final step to officially raise its 2030 renewable energy target to reach a maximum of 45% after the European Council adopted the new Renewable Energy Directive (RED). While the target will now be revised to 4.
EU Votes To Boost Renewable Energy Deployment
European Parliament Designates Renewables As Overriding Public Interest In Case Of ‘Positive Silence’
The European Union (EU) nations will need to speed up permitting procedures for new renewable energy power plants after the European Parliament voted to raise the share of renewables in the bloc’s final energy consumption to 42.5% by 2030, setting .
Two European Nations Want More Clean Power
Austria & Slovenia Want EC Permission For New Renewable Energy Measures Under REPowerEU
The European Commission (EC) is in receipt of requests from Austria and Slovenia to revise their REPowerEU plans as the member nations wish to incentivize and streamline permitting processes for renewable energy projects.
European Commission Proposes Faster Permitting For Renewables
Temporary Emergency Measures Announced To ‘Presume’ Renewable Energy Plants Overriding Public Interest, Including Solar in EU
As Europe’s energy crisis deepens with no respite in the near future, the European Commission (EC) has proposed temporary emergency regulation to speed up permitting for renewable energy projects for 1 year, presuming these to be ‘overriding publ.
€3 Billion For Innovative Clean Tech Projects In EU
European Commission Launches 3rd Call For Large Scale Projects Under EU Innovation Fund
The European Commission is offering €3 billion under the 3rd call for large scale projects under the EU Innovation Fund with a special focus on priorities under REPowerEU, that can boost the deployment of industrial solutions to decarbonize Europe.
EU To Install Up To 52 GW Solar Annually By 2030
Statkraft Sees Solar As World’s Largest Energy Source In 2035, Producing 21,000 TWh Clean Energy
A clear winner of the energy transition across the globe is likely to be solar power that’s expected to become the world’s largest source of power generation around 2035, according to Statkraft that expects average annual addition of solar capaci.
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.
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.
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