Finland

After the bombshell news this week, the Italian inverter manufacturer’s CEO spoke to pv magazine about the future of ABB’s R&D hubs, manufacturing sites, hundreds of employees and of course Fimer’s outlook.

An investor tool examining the coal fleets of major global power companies has offered up analysis which flies in the face of arguments solar and wind generation could help turn around the debt-saddled South African utility.

Joining the growing club of European countries setting carbon neutrality deadlines, new Danish PM Mette Frederiksen has announced her administration will look at reducing greenhouse gas emissions by 70% by 2030.

Leaving with a last hurrah, Brexit casualty prime minister Theresa May has announced a statutory instrument to amend the Climate Change Act of 2008. The law currently prescribes an emissions cut of 80% by 2050, from a 1990 baseline. The new law will aim for net zero emissions by 2050, making the U.K. the first G7 nation to pass such legislation.

Climate change and environmental protection were a top priority for the elections held in April. With solid green backing from the electorate and an ambitious domestic agenda, Finland is due to assume the EU presidency from Romania. Across the EU green parties are gaining ground but the bloc has yet to draft a comprehensive climate protection bill. Finland’s ambition could change that.

Finnish clean-energy company Fortum has achieved a lithium-ion battery material recycling rate of over 80% — against what it says is a current rate of 50% — with a low-carbon hydrometallurgical recycling process.

The Finnish PV equipment provider and the Lithuanian PV panel maker will manufacture IBC solar cells at Solitek’s factory in Vilnius with an initial production capacity of 60 MW.

Companies in the United States accounted for more than 60% of the clean energy deals signed by corporations worldwide last year, according to BloombergNEF. A proposed renewable portfolio standard for Chinese business, though, could turn the picture upside down in a year’s time.

More than a dozen European ministers of economic affairs have released a statement setting out the next steps to turn Europe into an industrial hub for large-scale cell production. The role of SMEs and competition was highlighted as ministers said European cells should provide innovation in terms of raw material use and sustainability, hinting at a pivot away from lithium-ion.

The Finnish Energy Agency is seeking proposals for annual electricity production totaling 1.4 TWh. Large-scale wind, solar, biomass and wave power projects will be entitled to participate in the auction.