The energy transition is becoming ever more apparent among power companies, as was evident at the European Utility Week event last week in Paris, which showcased the hopes and fears of energy companies. Rebranding next year to ‘Enlit’, the organizers aim to reach the whole energy industry.
A cooperation agreement was signed by the French corporations to launch the HyGreen Provence project, which is expected to produce annually 1300 GWh of solar electricity and 10,440 tons of green hydrogen by 2027.
The investment manager is now Europe’s largest renewable energy fund. The €1.3 billion group already has a 1.8 GW generation portfolio.
Britain’s renewable energy trade body has published a report examining the state of flexibility market readiness in nine European markets. The result makes for sobering reading for Germany, France and the U.K.
Parent company FlixMobility plans to test hydrogen fuel cell vehicles in Europe.
TES issued a press release announcing the new facilities that is light on detail but claimed the plants would position it as ‘a leader’ in battery recycling. The company also announced an intent to move into the reuse of spent electric vehicle batteries in commercial and residential applications.
The Smart Energy Hub can operate in electrolysis mode to store renewable energy as hydrogen, or in fuel cell mode to produce electricity and heat from previously produced hydrogen or methane. Its developers are the French Alternative Energies and Atomic Energy Commission and start-up Sylfen.
The French energy giant has acquired U.K. start-up Pivot Power, which has a 2 GW pipeline of storage projects in Britain.
The final average price for power generated by solar systems with a capacity of 100-500 kW came in at €97.48/MWh. The price for 500 kW-8 MW installations was €86.54/MWh. Only the latter category saw a fall in price compared to the previous commercial solar tender.
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