Policy

The European Court of Justice has told Solar Ileias Bompaina that it must pay the costs of both parties in a seven-year dispute stemming from the former Greek government’s move to reduce solar feed-in tariffs and claw back historic payments.

Australia’s Macquarie is leading a consortium that has reportedly tabled a €2.5 billion ($2.7 billion) bid for a clean energy business formed by French private equity houses InfraVia and Eurazeo.

The $2.7 million solar plant will help reduce fuel costs and the nation’s carbon footprint, according to Prime Minister Mark Phillips.

Academics from MIT and Stanford who have posited a new production method for perovskite solar cells have also developed a machine learning system which benefits from the experience of seasoned workers – and they’ve posted it online for anyone to use.

The UK Department for Business, Energy and Industrial Strategy has published new research showing that hydrogen leaks could have an indirect climate-warming impact, partly offsetting efforts to reduce carbon dioxide emissions.

The global battery storage market will reach $10.84 billion in 2026, with the Asia-Pacific region accounting for 68% of total demand. China, Japan, India, South Korea and Australia will drive the regional market, according to GlobalData.

The US Department of Commerce’s anti-circumvention probe has essentially shut down US procurement of PV modules, and the government is expected to take its full allotment of 150 days to make a ruling, says Philip Shen, managing director of ROTH Capital Partners.

Everfuel has signed a deal to build a hydrogen refueling station in Germany, while the European Hydrogen Backbone initiative has accelerated its own program to produce 20.6 million tons of renewable, low-carbon European hydrogen. Separately, the UK government published its hydrogen investor roadmap to 2030.

Photovoltaics can wipe out 4.25 billion tons of carbon emissions every year this decade, according to the UN Intergovernmental Panel on Climate Change. Even so, the actions announced so far remain way short of what is needed, with capital flows to fossil fuels still greater than the cash directed toward combating climate change.

The second day of the Berlin Energy Transition Dialogue was dominated by the role of renewables in facing three world crises: climate change, the Covid-19 pandemic, and the war in Ukraine.