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European Union set to raise renewables target to 42.5%

The European Parliament and the Council have reached a provisional agreement to raise the EU’s binding renewable energy target for 2030 to a minimum of 42.5% of the overall energy mix. The bodies also agreed on a further 2.5% indicative target, which would set Europe on a path to at least 45% renewables within this decade.


European Commission proposes electricity market reform

The European Commission’s long-awaited reform of the European Union’s electricity market proposes to keep the merit order mechanism, but going forward the European energy market will be more strongly characterized by long-term PPAs and bilateral contracts for differences.


Ocean Sun and Inseanergy settle floating solar patent dispute

Floating solar specialists Ocean Sun and Inseanergy have been involved in a patent dispute over Ocean Sun’s floating solar structure since August 2022. The companies have now announced a settlement, with a “positive result” for both parties.

Croatia, Hungary, Portugal to face EU sanctions for not promoting renewables

The European Commission has decided to refer three member states to the Court of Justice of the European Union (CJEU) for failing to turn the EU Renewable Energy Directive into national legislation. The commission is now requesting financial sanctions.


Shaping the EU battery value chain

The new EU Batteries Regulation is a blueprint for product legislation, regulating the whole life cycle of batteries in the European Union. Advanced rechargeable and lithium batteries association Recharge says successful implementation of the new regulation requires the prioritization of safety, information reliability, feasibility, market surveillance, and enforcement.


Battery supply chain state of health

As the US Uyghur Forced Labor Prevention Act demonstrated, companies preparing to spend big on batteries are at risk of being blindsided by supply-chain-related legislation. Here are some tips on how US developers can anticipate policy curveballs.


European Commission introduces Green Deal Industrial Plan

The European Commission listed tax exemptions, flexible aid, and the promotion of local manufacturing among its key strategies for the Green Deal Industrial Plan. However, the SolarPower Europe industry group has criticized the plan’s lack of focus on solar.


US Patent Trial and Appeal Board rules in favor of Q Cells in patent dispute with REC

The US Patent Trial and Appeal Board has issued a favorable decision for Hanwha Q Cells over REC Solar’s patent claims. The court has ruled that the contested claims of REC’s US patent were not patentable. The decision is similar to those in courts in China and Europe, according to Q Cells.


Vietnam sets ceiling price of $0.0502/kWh for ‘transitional’ PV projects

Vietnam’s Ministry of Industry and Trade (MIOT) recently introduced new ceiling prices for solar and wind projects that sell electricity to Electricity of Vietnam (EVN). The ceiling price for ground-mounted solar has been slashed from $0.0709/kWh to $0.0502/kWh, threatening the financial viability of large-scale solar projects.


Von der Leyen announces ‘Inflation Reduction Act’ plan for Europe

The European Union Commission President wants to introduce a new industrial plan to turn Europe into the global clean-tech market leader, with looser rules for state funding and less red tape.


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