Author
Patrick Jowett
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Articles written by Patrick Jowett
ESMC publishes recommendation paper for Net Zero Industry Act
The European Solar Manufacturing Council (ESMC) has voiced support for the inclusion of non-price criteria in auctions for solar modules, as laid out in the EU Net Zero Industry Act. The council’s recommendation paper also calls for member states to adopt the act as quickly as possible and highlights concern around cybersecurity and data security in relation to Chinese inverters.
May 24, 2024
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Recurrent Energy secures €1.3 billion financing for European project pipeline
The subsidiary of Chinese-Canadian solar manufacturer Canadian Solar says the financing will go towards developing and constructing solar and battery energy storage projects across Spain, Italy, the UK, the Netherlands, France and Germany.
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Alcazar Energy Partners secures $490 million for second renewables fund
Alcazar Energy Partners has reached financial close, totaling $490 million, for its second renewable energy fund. It aims to develop more than 1.6 GW of clean energy projects across selected emerging markets, including the western Balkans.
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AleaSoft records drop in weekly European electricity prices
Spanish consultancy AleaSoft Energy Forecasting registered a decrease in weekly electricity markets in all major European markets, bar the British and Italian markets, in the third week of May. The German market, meanwhile, broke its record for PV production on May 14, recording 404 GWh.
Renewables must triple by 2030 to hit net-zero by 2050, says BloombergNEF
BloombergNEF says in a new report that solar and wind must drive most emissions cuts before 2030 to stay on track for net-zero by 2050. Its net-zero scenario targets a combined solar and wind capacity of 31 TW by 2050.
May 22, 2024
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