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Europe

Munich arrest before Intersolar tied to anti-dumping subsidy case, says lawyer

The German police arrested a Chinese citizen at Munich Airport last week, prior to the start of the Intersolar Europe trade fair. Investigators are targeting the detained individual for allegedly evading anti-subsidy and anti-dumping duties imposed on PV products in the European Union prior to September 2018, a lawyer told pv magazine.

EU raises renewables target to 45% by 2030

The European Union’s new renewable energy directive says that around 100 GW of wind power and PV should be built on the continent every year.

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EU loosens state aid rules for green technologies

The EU’s new state aid rules should lead to more investments in clean tech production. The European Solar Manufacturing Council said the new framework will be the basis of Europe’s future manufacturing ecosystem.

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Only5mins! – PV system prices could drop by around 10% in Europe in 2023

Andreas Thorsheim, the CEO of Norway-based residential solar specialist Otovo, speaks to pv magazine about solar array prices, current market trends for distributed storage, and shortages of qualified professionals.

Former VW boss aims to set up 20 GW vertically integrated PV plant in Europe

In a podcast, former Volkswagen CEO Herbert Diess noted the importance of reducing reliance on China in the solar industry. But he said plans to set up production in Europe require state support and the right conditions.

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Only5mins! – Europe may deploy 53 GW of solar this year

pv magazine speaks to Raffaele Rossi, head of market intelligence for SolarPower Europe, about the solar outlook in 2023. He says the European solar market may grow by around 29% compared to 2022.

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European PPA prices increased by 7.4% in November

European prices for power purchase agreements rose in several countries in November, with the Polish index recording an increase of 19.4%. Portugal registered an increase of 15.5%, followed by Spain at 15.7%. Germany was the only country that recorded a monthly decline, with prices falling by 0.8%.

New solar capacity 10 times cheaper than gas, says Rystad

Operating gas-fired power plants would be 10 times more expensive in the long-term than building new solar capacity in Europe, according to research from intelligence company Rystad. Their study uses the levelized cost of energy (LCOE) for gas and coal-fired power generation at different price levels and compares it to the LCOE of solar PV and wind.

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European Parliament approves 45% renewables target

A large majority of MEPs support the European Commission’s target of 45% renewables in the energy mix by 2030. Member states are all expected to develop several cross-border renewable projects.

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Hanwha Group reorganizes downstream solar business in Europe, expands into wind

The Korean group is currently developing a 9.2 GW PV plant portfolio in Europe and its new holding company — Q Energy Solutions SE — will unify all operations across France, Germany, and the Iberian Peninsula under the same umbrella.

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