Unigreen Energy plans to open a 1.3 GW, vertically integrated factory in the Russian exclave of Kaliningrad on the Baltic Sea. Initially, the facility will have an annual module production capacity of around 500 MW.
Several utility scale solar projects are being developed in Czechia, with investors hoping to secure subsidies from a recently launched rebate scheme that covers up to 50% of the costs. Securing a PPA to sell power, however, may be more difficult, as the current market conditions do not offer many opportunities for long-term deals.
Elsewhere, the German government wants to allow the testing of hydrogen production from offshore electricity, while a French consortium intends to promote the use of hydrogen at airports and build a European airport network to accommodate future hydrogen aircraft. Furthermore, the Port of Rotterdam is increasing its efforts to become a hydrogen hub.
The €7.4 million scheme is being financed through the European Economic Area Financial Mechanism 2014-2021. Rebates will cover up to 85% of the costs for buying and installing a PV system.
In the procurement exercise, the Russian energy regulator allocated 775 MW of PV capacity, 1,851 MW of wind power, and 96 MW of hydropower capacity. The auction concluded with an average price of RUB 5.18 ($0.070)/kWh.
A Russian-Italian research group has developed resonant silicon nanoparticles that are claimed to improve the performance of perovskite solar cells. These particles serve as nanoantennae – they catch light and it resonates inside them, which amplifies the cell’s light absorption.
CE Oltenia wants to build eight solar parks at three of its coal power plants and five of its coal mining sites by 2026. This new capacity should replace installed power from coal that the company wants to shut down over the next five years.
Russian energy giant said its gigafactory will be located in Russia’s western exclave of Kaliningrad. The facility is expected to begin manufacturing activities in 2026.
The latest, seven-year investment attracted offers worth more than €100 billion from investors and means the European Union has already generated €54 billion of the €80 billion of bond proceeds it is aiming for this year, as part of its five-year, €800 billion NextGenerationEU support package.
With pressure mounting on the world’s governments to turn their back on the fossil fuel, China and peers in South East Asia, Europe and South Asia could help deliver a coal-free future at the COP26 climate summit planned in Glasgow in November.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.