The inauguration of Joe Biden as the 46th President of the United States has brought hope the country will play a central role in the world’s energy transition and combating climate change. However, rather than teaching other countries lessons, the U.S. will need to catch up with the rest of the world, and it needs to do so quickly – the world won’t wait for the U.S.
In an interview with pv magazine, Frank Haugwitz – the director of the Asia Europe Clean Energy (Solar) Advisory (AECEA) – explained how the recent China-EU investment deal could offer more opportunities to European companies in China’s renewable energy market. He said the agreement shall provide transparency over policies, regulations, financing, and subsidies. And competition shall grow, especially in the C&I solar segment, he added.
Pending final closing, the Electrification Financing Initiative has announced it is considering private equity investments of €1.5 million to two French firms operating in Benin, Togo, Burkina Faso and Senegal, and $1.5 million to a Tanzanian business operating in Tanzania and Uganda.
The world’s second largest battery market is mulling strict regulation of what type of products can be sold within it. The bloc wants to tighten rules on using hazardous materials and would encourage circular economy approaches. The scope of the commission’s proposal would also affect the design of devices, with phones, laptops and other portable gadgets without removable batteries set to be prohibited.
The Italian government has unveiled a new hydrogen strategy that aims for 20% hydrogen penetration into final energy demand by 2050.
The credit, to be made available to public bodies in the bloc’s 27 member states, would be bolstered by €10 billion from the EIB and should not, said the Council of Ministers, support nuclear or fossil fuel projects.
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.
Swiss startup Insolight has raised €4.6 million to bring its concentrating PV module technology to commercial production. The panels have a claimed efficiency of 30% and power output of 160 W. Originally conceived for rootop solar, the product is now being recommended as an interesting option for agrivoltaic projects.
The European Commission has concluded that there are no compelling reasons to scrap definitive countervailing and anti-dumping measures on solar glass imports from China. Currently, the anti-subsidy duties range from 3.2% to 17.1%, while anti-dumping tariffs are between 17.5% and 75.4%.
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