WoodMac: Coal’s bleak future and nuclear shutdowns mean milestone lies within reach Europe-wide even if UK could overshoot it while France, Spain, Italy, Germany miss it.
European Investment Bank mulls shifting lending to batteries and market-based clean energy projects as part of policy reboot to help EU lead fight against climate change.
PV Tech quizzes HIPERION’s promoters over potential strengths but also cost challenges of Insolight’s planar optical micro-tracking process, tested outdoors and supported with €10.6m EU grant.
Paper by Finland’s LUT and others latest to predict bright future for hybrids, amid claims that today’s grid parity in Spain and Italy will extend to Germany and Finland by 2025.
Industry claims it can help ensure energy transition is fair to all after EU study finds rolling out 580GW of solar could create synergies in de-industrialising regions.
The EU has committed to lending €145 million (US$163 million) and the ICO up to €140 million (US$156 million) to the largest solar project under construction in Europe.
Wood Mackenzie: Continent will grow to install annual 20GW within three years but shift to auctions and merchant exposure will see profitability come under pressure.
