Engie’s storage subsidiary has unveiled its hydrogen-based energy storage system, built with its proprietary technology, in Agkistro, Greece.
The development lender will supply three-quarters of the funds as Hellenic Petroleum aims to raise €100 million for a reported 18 solar sites in the nation’s coal heartland.
The EU Council has rejected a Covid-inspired European Commission proposal for a €40 billion warchest to help coal-dependent regions shift to renewables, with the heads of member states instead allocating €17.5 billion. Despite the final figure being €10 billion higher than that suggested by the commission before coronavirus battered Europe, questions have been asked about how useful the program will be.
The price tariff agreed by German company ABO Wind for a 10 MW solar project in Igoumenitsa came in a tender which allocated only 142 MW of generation capacity, well short of the hoped-for 482 MW. It is hoped a slimline licensing process, to be applied in the next procurement round, will address the problem.
The government will table plans for EV purchase incentives and charging points after cutting through permitting red tape in recent legislation. A recent law has proved controversial in some quarters, though, as it brings the private sector into environmental licensing and resists calls to halt commercial development of protected areas.
The Greek energy regulator said on Wednesday that it wants to tender up to 482 MW of new solar capacity on July 27 for plants up to 20 MW in size.
The EU research group tasked with optimizing renewable energy auction procurement processes said the achievement of climate change goals brought about by plunging energy demand should not endanger longer-term ambitions.
The state-owned electric company, which has finally pivoted towards green energy, is developing a subsidy-free approach.
pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.
Greece held its last round of renewable energy tenders in Athens on Thursday, resulting in the lowest tariff ever awarded to a renewable energy project in the country.
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