Renewable Energy

Romania is to start with 2 GW onshore wind and solar auction out of its multi-year plan to award a total of 10 GW capacity under CfD scheme.

Hungary’s €2.36 billion scheme for accelerated investments in strategic sectors, including solar PV, has secured a green signal from the European Commission.

Launched in March 2023, UK’s AR5 auction round initially had a budget of £205 million which has now been raised to £227 million.

The EU needs to take steps to improve grid and market preparedness, according to a letter written by industry associations.

BloombergNEF sees solar PV leading the US’ power system with over 2 TW installed capacity by 2050 under the Net-Zero Scenario.

Encavis will float a joint venture (JV) with Freiburg based energy supplier badenova AG & Co KG to establish 500 MW renewable capacity in the country.

Renewable energy installations will be given first priority to ensure Switzerland has sufficient electricity.

The European Parliament has finally voted to increase the EU‘s share of renewable energy in its final energy consumption to 45% by 2030.

In a bid to tame skyrocketing energy prices, the European Commission (EC) has proposed a series of emergency measures.

France has announced amendments aiming at accelerating the deployment of renewables in the country in the face of energy crisis it is facing.