PV assets

In November 2022, Germany’s Energie Baden Württemberg and steelmaker Salzgitter Group signed one of Europe’s first power purchase agreements (PPAs) for hydrogen production. More have followed and with the European Union introducing rules to govern green hydrogen, an industry is planning for its future.

The Ukrainian solar industry had hoped that a long-anticipated counter-offensive against the Russians would help reclaim PV assets on the eastern bank of the Dnipro River. The brutal reality is that the destruction of the Kakhovka dam has likely severely damaged solar plants in the affected territories, reports Ian Skarytovsky.

As more renewable energy capacity is built, commissioned, and connected, grid stability concerns are driving rapid regulatory changes. In the European Union, regulatory changes are now building momentum. As the first mover, Germany has shown that achieving compliance can initially seem burdensome, but it can quickly be integrated into existing processes and platforms.