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US, EU and Japan Lead in Carbon Capture and Storage Usage: Report

The European Union (EU) released a report sharing an ongoing trend in the usage of CCUS (Carbon Capture Utilization and Storage). The report gives an assessment of 2022 global industry. The report states that the CCUS industry witnessed an increase in storage capacity by 44% over the year. However, the report anticipates that the cost […]

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EU PPA Market Shines with 7.8 GW of New RE Contracts To Date

RE-Source Platform, a corporate renewable energy platform for energy buyers and suppliers, has made significant observations about the rising volumes of corporate PPAs signed for renewable energy in the EU. The Platform has made the following observations and recommendations to facilitate PPAs- Record-breaking year in the EU PPA market with companies procuring 7.8 GW of […]

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October Solar Additions Equal To Full 2022 As Europe’s Solar Romance Blooms

Rystad Energy Research reports that Europe’s solar installation levels are exceeding expectations, with the amount installed in October 2023 already matching the total installed in all of last year. Rystad Energy modeling forecasts new solar capacity additions will grow 30% this year versus 2022, surpassing 58 gigawatts direct current (GWDC) of new panels by the […]

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European Green Deal Law Aided In Increased RE Deployment: Report

The European Union (EU) shared a report titled ‘The State of the Energy Union’ 2023, by the European Commission. The report looks back on the EU response to the unprecedented energy crisis of the past two years. It assesses the state of play with the green transition at the national and global levels. It further […]

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Amazon European Portfolio Enhanced with 39 Renewable Energy Projects

IT giant Amazon has revealed that it has added 39 new renewable energy projects in Europe as on date. These entail 24 utility-scale wind and solar projects. Amazon is also developing its first solar farm in Greece. In 2022, Amazon’s had set up its first utility-scale solar farm in Poland. So far, Amazon has added […]

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Chinese Module Maker DMEGC Gets Carbon Neutral Certificate For Factory

DMEGC Solar’s factory in Sihong, Jiangsu Province, was designated a CO₂-neutral factory by TÜV SÜD on October 16. This is a historic achievement as it is the first photovoltaic (PV) manufacturer to receive a CO₂ certification certificate from the certification body.-neutral assessment. This recognition underscores DMEGC Solar’s commitment to Energy Conservation and Emission Reduction (ECER), […]

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At Least 3000 GW of Renewable Power Projects in Grid Connection Queues: IEA

The International Energy Agency (IEA) has released a report on, ‘Electricity Grids and Secure Energy Transitions Enhancing to Support the Foundations for Building Resilient, Sustainable and Affordable Power Systems’. The report emphasises that the grid’s risk is becoming a weak link of clean energy transitions.  The report suggests that a link between delays in grid […]

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European Solar Body Wants Life Support Now, from the EU

Solar Power Europe, the member-led association for the European solar PV sector, with claims to represents over 300 organisations across the entire solar sector in the continent has iterated its demand for direct support from the EU, instead of trade tariffs. Calling trade tariffs no solution, the board of Solar Power Europe said that ” […]

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SOFAR Storage Solutions Seeks To Repeat Success In European C&I Market

SOFAR, a global leading provider of all-scenario PV & ESS solutions, marked presence at the BNEF London Summit. Together with Nelson Nsitem, energy storage analyst from BNEF, both parties jointly held the roundtable “Exploring Possibilities and Overcoming Barriers: C&I Energy Storage in Europe” where industry experts exchange perspectives on C&I energy storage in Europe. SOFAR, […]

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