Europe

Why Battery Makers In EU Are Shifting Their Base To The US?

Several European Union (EU) battery manufacturing companies are now shifting their interests to the United States (US). Better tax credits benefits and pro-renewable policies of the western country seem to have attracted several of them to look towards the US for better returns. A recent report by a global energy think tank Rystad Energy indicated […]

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Volkswagen Plans To Introduce Entry-Level EVs In Europe By 2027

German-based company, Volkswagen board of management of the Volkswagen Group decided to make all-electric entry-level mobility more widespread. Volkswagen Group brings electric cars for EUR 20,000 and its world premiere is planned for 2027. Oliver Blume, CEO of Volkswagen Group said: “Generations of people associate the strong brands of the Volkswagen Group with their first […]

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News Brief May 15 – China-Serbia Deal, JinkoSolar, Finnish Wind Farm

China’s Hunan Rich Inks Deal With Serbia for 1GW PV module factory in Serbia The Serbian government has signed an MoU with Chinese firm Hunan Rich Photovoltaic Science and Technology to build a 1GW solar module production facility in Serbia. Serbian minister of mining and energy, Dubravka Đedović Handanović, signed the deal last week, which […]

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Audi Opens First EV Charging Hub Outside Europe In Tokyo

Audi has opened its firm EV charging hub outside Europe in Japan’s capital Tokyo. The EV charging hub will enable drivers of electric cars of all brands to charge at four fast-charging points, each with up to 150 kilowatts (kW) – an excellent figure for charging power in Japan. Thanks to a buffer storage unit, […]

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Renewable PPA Prices In North America Stabilise in Q1, Drop In Europe

Spain-based Power purchase agreement (PPA) services company and platform LevelTen Energy, in its latest report has called Q1 2024 as one of the more stable ones after a while in North America, as renewable PPA offer prices in North America (led by drop in Solar PPAs)increased by less than 1% from the previous quarter. According […]

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Central, Eastern Europe Adds 39% Electricity From RE: EMBER

Central and Eastern European countries are advancing towards their renewables ambition, but EMBER report found it to be insufficient with their potential.  The EMBER report on, “Empowering Central and Eastern Europe” underlines the importance of upcoming Three Seas Initiative Summit to secure a low cost, resilient and interconnected clean power system. It mentioned, “In 2023, […]

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COVER STORY: India Gears Up For Solar Waste Recycling Challenge

The latest report from the Central Electricity Authority (CEA) states that India’s total solar energy capacity crossed 75 Gigawatts (GW) by the end of February this year. According to its own estimates, the country will need 292 GW of total solar capacity by 2030. With the steady additions of solar power to the Indian grid, […]

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RPC, Altea Green Power Ink Deal For 1GW Storage Project In Italy

Renewable Power Capital (RPC) and Altea Green Power have entered into a development partnership for 1GW of battery energy storage in Italy. Through this partnership, RPC adds a new jurisdiction to its fast-growing European storage pipeline – which now stands at more than 5.5GW, according to a media statement by Renewable Power Capital. The development […]

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European Fast-Charging Firm Fastned Signs PPA With GLP For Solar Power

European fast-charging company, Fastned announced it has concluded its first multi-year Corporate Power Purchase Agreement (CPPA) in the Netherlands with GLP, a renewable energy firm, and related technologies, with Ecorus and Scholt Energy. According to the press release by the company, Fastned will purchase power generated by the solar panels on the roof of GLP’s […]

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