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Markets & Policy

German government study to evaluate potential of floating solar on lakes at former mines

Around 500 open-pit lakes left behind as a legacy of Germany’s open-cast lignite mining industry could potentially host more than 50 GW of solar generation capacity. With that in mind, the Federal Ministry for Economic Affairs and Energy is financing a three-year study into the technology’s revenue potential.

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Another battery recycling plant for Sweden

Construction on the Halmstad facility is expected to start this year after the Stena Recycling branch of the Swedish conglomerate announced a €25 million commitment.

Draghi must deliver on promises to simplify Italian solar permits

The current planning regulations would mean Italy not hitting its 2030 climate change targets for another 70 years and clean energy trade bodies say the Simplification Decree being debated in parliament – which was drafted to secure €191 billion of EU cash and loans – does not go far enough.

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The prospects for solar in a 1.5C world

We will need 10.7 TW of clean energy generation capacity this decade to stay on track with the most ambitious of the climate change paths agreed in Paris, which would include plenty of solar investment and jobs, according to the International Renewable Energy Agency.

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MUFG closes $163 million of financing fo 300 MW in India

Azure Power has secured $163 million of financing from Mitsubishi UFJ Financial Group (MUFG) for a 300 MW solar project in India.

Maoneng planning 225 MW/450 MWh big battery in Australia

Maoneng has revealed plans to build a 225 MW/450 MWh utility-scale storage system in South Australia.

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Solar beach umbrella cools you … and your gelato

An MIT-spawned company has teamed up with architects and an Italian frozen-desserts brand to design an origami-inspired umbrella to power fridges.

The weekend read: Probes confront EU renewable energy market barriers

The European Commission’s antitrust investigation into EPEX Spot has revealed barriers for the integration of renewables in wholesale power markets. Challenges appear in a range of European marketplaces, but investigations and reforms appear to be clearing barriers to entry.

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Malaysia’s commercial and industrial PV segment is thriving

The Malaysian Photovoltaic Industry Association (MPIA) has urged the country’s government to allocate more capacity under the metering scheme, as all installed power for commercial and industrial PV was already assigned a few months after the scheme’s launch.

The Hydrogen Stream: Chile and Germany join forces to develop viable green hydrogen projects

Furthermore, Texas oil field services company Baker Hughes and engineering, procurement and construction company Samsung Engineering have announced a collaboration with regards to low to zero-carbon projects utilizing carbon capture, utilization and storage (CCUS) and hydrogen technologies.

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