A call for grant proposals has been promised this month, with the bloc’s executive yesterday firing the gun on a separate exercise related to cross-border EU energy infrastructure projects.
The procurement exercise will be the country’s second attempt to support large-scale solar and wind. The first 88 MW auction launched last year saw the allocation of just 25.5 MW. Solar secured 13.4 MW at an average price of $0.093/kWh. Selected PV projects range in size from 50 to 500 kW.
The European Investment Bank will lend more than half the cost of expanding the first solar project built by the West African nation’s electric utility, from 37 MW to 50 MW.
Companies from a dozen EU member states will commit the public funds in a bid to come up with novel battery chemistries and production methods as well as recycling and circular economy innovation.
Often dependent on fuel imports from the mainland and frequently powered by fossil fuels, islands have taken center stage at an online forum which builds on a political process kicked-off by Croatia’s presidency of the European Council.
The Croatian energy regulator is seeking to allocate 88 MW of renewable energy generation capacity. The tender is part of the country’s plan to procure 2.26 GW of renewables including more than 1 GW of solar.
The 6.5 MW solar project will be built with PV modules supplied by Croatian manufacturer Solvis d.o.o.
The authorities plan to assign 2.26 GW of renewable energy capacity overall under the scheme, which will include other energy sources such as hydropower, wind, biomass, biogas, and geothermal energy. The government will provide projects it selects with a feed-in price premium, which will be paid for the power generated by the projects, on top of spot market prices.
Differing finance costs across the continent are likely to see wind-rich, high electricity demand nations such as Germany, France, Austria and Belgium forge ahead with renewables at the expense of countries with plenty of sun but where borrowing is expensive, according to a German study.
Parent company FlixMobility plans to test hydrogen fuel cell vehicles in Europe.
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