Lebanon failed to make a bond payment of $1.2 billion due on March 9 – the first sovereign default in the country’s history. pv magazine looks at how Lebanon’s debt troubles are now starting to affect the development of renewable energy.
The government will table plans for EV purchase incentives and charging points after cutting through permitting red tape in recent legislation. A recent law has proved controversial in some quarters, though, as it brings the private sector into environmental licensing and resists calls to halt commercial development of protected areas.
In 2019, the European Commission presented the European Green Deal, under which it aims to become climate-neutral by 2050. In May of this year, the commission also unveiled a new instrument to fund the bloc’s recovery from the Covid-19 crisis, in line with the Green Deal principles. This reinforced the drive for renewables investment. pv magazine examines what the latest developments mean for solar.
Dubai Electricity and Water Authority has published new regulations blocking ground-mounted commercial and industrial solar projects and capping rooftop installations at 2 MW.
The Greek energy regulator said on Wednesday that it wants to tender up to 482 MW of new solar capacity on July 27 for plants up to 20 MW in size.
The state-owned electric company, which has finally pivoted towards green energy, is developing a subsidy-free approach.
Greece held its last round of renewable energy tenders in Athens on Thursday, resulting in the lowest tariff ever awarded to a renewable energy project in the country.
The 8 MW facility has been developed by a cement producer to supply around 10% of the annual electricity needs of its nearby factory. Under subsidy-free rules, the power will be bought by the Electricity Authority of Cyprus for the average price it would have paid if the electricity had come from fossil fuels.
In just three years, Northvolt has progressed from a startup to become Europe’s response to the Asian dominance of global battery manufacturing. pv magazine investigates why Northvolt is setting up units in Sweden, Germany, and Poland, what the firm’s goals are, and how it is attempting to achieve them.
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