Europe

New RE Capacity Will Touch 300 GW This Year, Solar To Dominate: IEA

A new report by the International Energy Agency (IEA) predicts that new RE capacity across solar, wind and other sectors will collectively exceed 300 GW globally this year for the first time against 295 GW in 2021. A strong policy environment in China and the EU drove most of this expansion in PV this year. […]

Read more

Lithium Price Surge Leaves Car Makers Comparing LFP with NCM batteries

Steep rises in battery raw materials prices since the start of 2021 have favoured a faster shift to LFP batteries for electric vehicles, over NMC batteries. Cobalt and Lithium for example have become dearer by 70% and 700% respectively. The lowest-cost pack has always been lithium-iron-phosphate, or LFP, the preferred choice of Tesla, Volkswagon and […]

Read more

China, Europe Will Lead World To Record-breaking RE Capacity In 2022

The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […]

Read more

New $100M fund launched for climate tech invt in North America, Europe

VC firm Voyager Ventures has announced its first fund of $100M. Fund I invests in early-stage climate technology companies in North America and Europe. “We’re excited to back Voyager as a stand-out early-stage climate tech investing firm,” said Eva and Logan Green, CEO of Lyft. “We are impressed by Sarah and Sierra’s knowledge, operational expertise, […]

Read more

As Europe Changes Solar Manufacturing, Overcapacity Risks Loom

The European Solar Manufacturing Council (ESMC) has welcomed the forthcoming EU strategy for solar energy as the framework for building long-term competitiveness and critical mass of PV manufacturing capacities in Europe. This is crucial for reducing strategic dependencies, ensuring energy security and boosting the economic growth of the EU, states the council. As the European-wide […]

Read more

Half of Coal Mines in Turkey Could Power 7 Million Household With Solar Power

A new report ‘Solar Potential of Coal Sites in Turkey’ by campaign group – Europe Beyond Coal – has revealed that more than half of the coal mines of Turkey are suitable for conversion into solar power farms. The coal mines, most of which are open cast mines and the improvement in solar technologies and […]

Read more

Neoen sees bigger appetite for RE as Europe shuns Russian power

French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the company’s chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas […]

Read more

European Commission President Bats for Hydrogen and Renewables to Russian Overhang

European Commission President Ursula von der Leyen has said that Europe must expedite expansion of renewables and hydrogen to achieve energy security and displace Russian gas dependency. Just as political, diplomatic, economic and other sanctions continue to heap over Russia for its armed struggle in Ukraine, many European countries – including Germany – have faced […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll