european-union

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Daily News Wrap-Up: Top Rooftop Installers for 2022 Revealed

Tata Power Solar, Amplus Solar, Roofsol Energy, Fourth Partner Energy, and Hartek Solar were the top rooftop solar companies in India during the calendar year 2022,...

May 25, 2023

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Rakesh Ranjan

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Daily Wrap-up
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EU Parliament Adopts CBAM and New Climate Measures to Meet 2030 Goals

Members of the European Parliament have approved the European Union’s Carbon Border Adjustment Mechanism (CBAM), which seeks to impose a carbon tariff on...

April 19, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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EU Launches First Tender Under Renewable Energy Financing Mechanism

The European Commission has approved the inaugural cross-border tender to promote renewable energy-related collaboration among member states to expedite the achievement...

April 14, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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Tenders and Auctions
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Daily News Wrap-Up: Bengaluru Apartment’s Rooftop Solar Success

In a telling testimony to the viability of rooftop solar in the residential sector, an apartment complex in Bengaluru has opted for the third phase of its rooftop solar...

April 3, 2023

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Mercom India

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Daily Wrap-up
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Daily News Wrap-Up: India Added 2.5 GW of Solar Open Access in 2022

India added 2.5 GW of solar open access in the calendar year (CY) 2022, a year-over-year (YoY) increase of 92% from the 1.3 GW installed in CY 2021, according to the...

March 16, 2023

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Mercom India

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Daily Wrap-up
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Solar-Powered Heat Pumps Cut Energy Cost for European Homes in 2022

A typical household in Germany, Spain, and Italy saved over €2,800 (~$3,000) on their energy bills by installing the combination of a 7-8 kW solar photovoltaic (PV)...

March 14, 2023

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Gourav Mishra

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Consumers

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Solar
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Revenue Loss due to Solar Equipment Underperformance Rising Globally: Report

Reduced power generation because of equipment underperformance has resulted in a loss of $2.5 billion for the global solar industry, according to Raptor Maps, an...

March 2, 2023

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Gautamee Hazarika

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Finance and M&A

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Modules

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Solar
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Access to Finance Key to Raising EU’s Per Capita Solar Generation

Rooftop solar photovoltaics (PV) can help Europe generate 680 TW of electricity annually – which is a quarter of the current consumption in the European Union (EU)...

February 17, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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Share of Renewables in Global Power Generation Mix to Reach 35% by 2025

As the global demand for electricity is expected to grow at an average rate of 3% annually over the next three years, renewables and nuclear power would also increase to...

February 8, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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America’s IRA Rankles Europe but a Full-scale Green Trade War Unlikely

The game-changing Inflation Reduction Act (IRA), with a whopping $369 billion in funding for clean energy provisions signed by U.S. President Joe Biden last August,...

January 13, 2023

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B.S. Nagaraj

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Markets & Policy

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Other

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Renewable Energy
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EU Disbursed €4 Billion for Green Energy Transition in Eight Countries

The European Union’s (EU) Modernisation Fund disbursed €4.11 billion (~$4.36 billion) this year for 61 projects in eight countries to modernize energy systems,...

December 23, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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Installed Capacity of Heat Pumps to Grow 2.6 Times to 2,600 GW by 2030: IEA

The sales of heat pumps are expected to soar to record levels this decade as countries look to shift away from fossil fuel dependence for heating requirements, primarily...

December 7, 2022

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Gourav Mishra

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Other

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Renewable Energy
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EU to Speed Up Permissions and Deployment of Renewable Projects

The European Union energy ministers have agreed on a temporary framework, valid for 18 months, to accelerate the permit-granting process and the deployment of renewable...

November 28, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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EU, Partner Countries Mobilize $20 Billion to Help Indonesia’s Clean Energy Transition

The European Commission and international partners launched a Just Energy Transition Partnership (JETP) with Indonesia, under which they will help deploy $20 billion for...

November 17, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Aquila Capital Raises €1 Billion for 2.6 GW of Renewable Energy Projects in Southern Europe

Aquila Clean Energy, a clean energy development platform of Germany-based asset manager Aquila Capital, has secured €1 billion (~$1.005 billion) from the European...

September 12, 2022

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Gourav Mishra

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Finance and M&A

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Other

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