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Markets & Policy

Eni moves into Greek renewables via its gas and light business

The Italian energy major this morning announced it had acquired German-owned clean power developer Solar Konzept Greece.

Belgium has four years to replace nuclear fleet which generated 39% of its electricity in 2020

Figures released by Eurostat this week indicated the monumental task facing the renewables industry as Europe attempts to replace a power source which generated a quarter of the bloc’s electricity in 2020.

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US scientists explore how to compensate battery owners for grid value

Current price signals to distributed battery owners “do not align with grid value,” says a study from the Lawrence Berkeley Laboratory.

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2021 was a record-breaking year for European solar, now we must increase ambition

Right before the holiday season, the European Commission unveiled the latest installment of its “Fit for 55” legislative package – plans that aim to put the continent on track to reducing emissions by 55% by 2030. These additional proposals include the Hydrogen and Decarbonised Gas Package, as well as a revision to the Energy Performance of Buildings Directive (EPBDII).

New German government presents package of measures to support PV

The new package includes an increase in solar capacity, to be allocated through tenders, and the mandatory installation of PV systems in all commercial buildings.

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Backing for solar-plus-storage mini grids in Lesotho

The 11 planned off-grid networks will offer clean power to around 20,000 people for €0.28/kWh, according to one of the EU bodies which is backing the project.

US geothermal lithium offers significant potential

US scientists have assessed the viability and potential supply chain impact of extracting lithium from geothermal brines, and they have reported promising results.

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LG Energy Solution IPO attracts $80bn in bids

LG Chem’s energy storage and battery division’s $10.7 billion initial public offering received a staggering response from institutional investors, Reuters has reported.

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The Hydrogen Stream: More large scale hydrogen for Port of Rotterdam

Elsewhere, French renewable hydrogen startup Lhyfe has announced it is building an electrolyzer in eastern Germany, and Los Angeles-based Southern California Gas has launched a hydrogen-powered drone to monitor its gas grid.

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Chinese PV Industry Brief: construction begins on world’s largest PV project

State-owned power generation company China Huadian Corporation has begun work on a 3.3GW solar site in Sichuan province. The project is one of nine renewable energy plants listed in China’s latest national five-year plan.

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