European Solar PPA Market Witnesses 65% Increase From 2022: Pexapark Updated On Mon, Feb 5th, 2024 by Saurenergy A recent report by Pexapark on European market outlook found the European PPA market recorded a 65% Increase in solar PAA from 2022, due to stabilising environment in deal-making, over the past twelve months. Pexapark in its report mentioned, “Our PPA Tracker recorded a 16.2GW of disclosed contracted volumes – an increase of more than […] Read more
Hyundai, Iveco Collaborate To Supply Electric Commercial Vehicle To Europe Updated On Thu, Feb 1st, 2024 by Saurenergy Hyundai Motor and Iveco Group recently signed a supply agreement for IVECO-badged all-electric light commercial vehicles. This agreement is undertaken to supply electric vehicle for Europe based on Hyundai’s Global e-LCV platform. Through this agreement, the new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the group’s LCV portfolio alongside the IVECO […] Read more
European EV Sales Increased To 16.3% From 12.9% YoY: EIA Updated On Thu, Feb 1st, 2024 by Saurenergy A recent report by the US energy agency EIA found an increase in the sale of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEV) in the United States. It rose to 16.3% of total new light-duty vehicle (LDV) sales in 2023, according to data from Wards Intelligence. In 2022, hybrid, plug-in hybrid, […] Read more
Pexapark’s European Market Outlook 2024-More Utility, Hybrid PPAs In Offing Updated On Wed, Jan 31st, 2024 by Saurenergy Switzerland-based Pexapark, a specialist provider of Power Purchase Agreement (PPA) price reference, risk and portfolio management software and advisory services for renewable energy, has some interesting predictions for 2024, when it comes to Europe. In its latest European Market Outlook 2024 Report, the Pexapark predicts that Germany will be back on top in 2024 with […] Read more
European Energy Signs PPA With Australian firm Rio Tinto For 1.3 GWp Solar Farm Updated On Wed, Jan 24th, 2024 by Saurenergy A Power Purchase Agreement (PPA) has been signed between the renewable energy company European Energy and Australia-based mining company Rio Tinto. The agreement aims to supply all the energy from the upcoming solar farm Upper Calliope Solar Farm to Rio Tinto. The agreement between European Energy and Rio Tinto is touted as the biggest solar […] Read more
Solar Power Europe Revises Battery Regulation For PV Manufacturers Updated On Wed, Jan 24th, 2024 by Saurenergy ‘Solar Power Europe‘, a European industry body for solar, released a report, ‘Solar Power Europe End-Of Life Guidelines”. The report shared an outlook to modernize the EU legislative framework for batteries and accumulators. This ‘Battery Regulation’ is estimated to repeal ‘Battery Directive’, which was proposed for discussion and published for consultation in December 2020. It […] Read more
TotalEnergies, European Energy Expand Their Collaboration In Wind Energy Updated On Tue, Jan 23rd, 2024 by Saurenergy TotalEnergies, a multi-energy company, announced its collaboration with European Energy, which develops and constructs renewable energy projects. It recently signed a new agreement with European Energy to develop offshore wind projects in three Nordic countries: Denmark, Finland and Sweden. This collaboration forms a part of its integrated development in electricity. 405 MW of offshore wind […] Read more
Europe Adds 4.2 GW Offshore Wind in 2023; Up 40% From 2022 Updated On Fri, Jan 19th, 2024 by Saurenergy WindEurope – a premier association promoting wind energy in Europe – held that year 2023 witnessed a record 4.2 GW of new offshore wind farms come online in Europe. This was a 40 percent increase compared to the corresponding figures from 2022. The agency said that €30 billion of new investments were confirmed in 2023 covering […] Read more
Europe Union Revised Carbon Emission Targets For Heavy Duty Vehicles Updated On Fri, Jan 19th, 2024 by Saurenergy The Council and the European Parliament’s negotiators reached a provisional political agreement on Carbon Dioxide (CO2) emission standards for heavy-duty vehicles (HDVs). Their aim is to further reduce CO2 emissions in the road transport sector and to introduce new targets for 2030, 2035 and 2040. The new rules will contribute to fulfilling the EU’s 2030 […] Read more
