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Europe

European PPA Prices Double Y-o-Y Since Energy Crisis: Pexapark

Swiss firm Pexapark, which provides software and advisory services for post-subsidy renewable energy sales and risk management, has released a report entitled “Reflections on an ‘uprecedented’ year”. The study offers a comprehensive view  on how the global energy crisis, that has led to an unprecedented period of market turmoil, has affected renewable energy trading and […]

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European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen

The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […]

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European Union to Invest $5.2 Billion More for Green Hydrogen Projects

To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […]

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ICIS Initiates Europe’s First Market-Linked Renewable Hydrogen Assessments

ICIS, a global source of Independent Commodity Intelligence Services, has announced that it has launched the first hydrogen price assessments to reflect the market value of renewable electricity. ICIS said that this product will support participants with the intelligence needed to develop a liberalised clean hydrogen market and optimise energy transition resources. ICIS said that […]

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$320 B Dubai Investment Fund Picks 5 RE Projects In Australia, Europe For Investments

Dubai Investment Fund (DIF), one of the world’s largest independent international investment funds and asset managers, announced its investment into five projects aimed to developing renewable energy sources in Australia and Europe. The fund has been expanding its investment strategies, to include more environmentally friendly and clean technologies, whose importance will definitely rise in the […]

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Serbia’s Elevenes Unveils Prototype of Largest LFP Battery Cell in Europe

Serbia-based battery maker, ElevenEs, which has developed the first and largest full-size LFP (Lithium Iron Phosphate) battery cell in Europe, has announced that its first batches will be shipped for customer testing in the first quarter of 2023. ElevenEs said that its EDGE battery cell (sustainable, cobalt and nickel-free battery) would be displayed at The […]

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Qcells Launches Heating, Energy Solutions for European Energy Problems

South Korea-based Qcells, a major manufacturer of photovoltaic solar cells, has announced the introduction of a ‘comprehensive energy management solution’ which it claims can help reduce electricity and heating bills of the European households. Qcells is a clean energy solution provider owned by Hanwha Solutions. The official statement of Qcells held that connecting its solar […]

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SolarPower Europe Demands EU Windfall Measures to Target Actual Profits Only

Trade body SolarPower Europe has said that windfall revenue measures of power generators in Europe should target actual profits only and make an exemption for renewables that do not make windfall profits. It “should therefore not be subject to windfall measures,” it further added. The move comes even as energy prices across Europe test new […]

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