It should come as no surprise that clean energy spending is a big chunk of Warsaw’s four-year EU grant and loans package, given that the nation’s grid-connected solar capacity rose from 3.99 GW at the end of 2020 to 6.3 GW four months ago, according to the International Renewable Energy Agency.
The Directive No. 2022/542 was published in the Official Journal of the European Union on April 5. According to the new provisions, member states will be free to apply a VAT rate of 0% to 5%.
Only by working together can African nations overcome the obstacles to exploiting their abundant renewables resources and producing affordable green hydrogen – for use at home and in a European economy keen to wean itself off Russian gas, an online event has been told.
GCL-Poly, in its annual results statement for 2021, has pointed to certification of its product’s low-carbon claims by French government body the Agence de l’Environnement et de la Maîtrise de l’Energie.
The European Commission has alleged China offered cut-price finance to Indonesia, via Beijing’s Belt and Road drive, so Jakarta could develop domestic demand for stainless steel raw material nickel ore.
German and Swiss researchers have published a new study that questions the idea of a continual decrease in renewable energy costs, given the reality of rising interest rates and higher carbon prices. They outlined a scenario in which interest rates could rise by up to 5% and public incentives for renewables would be gradually phased out. This could result in a loss of 535GW of new renewables capacity, compared to a scenario in which interest rates remain at current levels.
Brussels is ignoring the requests of some EU member states, including Germany, as well as the assessments of experts. The German government has spoken out clearly against including nuclear power and gas-fired power plants in the EU taxonomy.
A group of companies comprising Akuo Energy, Amarenco, BayWa re, EDF Renouvelables, Enel Green Power, Engie, Iberdrola and Vattenfall has sent a letter to the European Commission to ask for a strategy to build up a continental PV supply chain.
The Platform on Sustainable Finance was unstinting in its criticism of a suggestion made by the EU executive on New Year’s Day, that the divisive energy sources be considered eligible for support in the bloc.
A spokesperson for London-based installer Winch said the subsidized, $0.29/kWh electricity the networks will offer to villagers is the lowest price for such a system anywhere in the world.
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