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€750 billion Covid recovery fund

Italy devotes €1.1bn to agrivoltaics, €2bn to energy communities and storage

The funds will be part of the EU Covid-19 recovery package. Overall, the Italian government expects to deploy 2 GW of agrivoltaics and 2 GW through energy communities.

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European Council reaches €1.82tn budget agreement with parliament

The parliament and EU member states will now mull the proposed budget for 2021-27 which includes a €750 billion Covid recovery package and a Strategic Investment Facility it is hoped will unlock €150 billion for renewables and energy storage to 2027.

‘Energy transition requires us to do things better’

The annual EU PVSEC conference got under way virtually this morning via an online platform since the planned event in Lisbon could not go ahead due to the Covid-19 pandemic. Opening presentations revealed an air of optimism in the PV industry, amid expectations of a rapidly rising share in the energy mix, growing conversion efficiencies, advancing technology pathways and innovative solutions to the problem of integrating high levels of PV into electricity grids.

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