In order to prove that sources of rare earth elements used in electric vehicles do not pose any pollution risk, Europe’s blockchain rare earth certification program may satisfy consumers and owners who are pursuing “sustainability.” This project is called the Circular System for Assessing Rare Earth Sustainability (CSyARES) and its partners include the Rare Earth […]
Commission imposes anti-dumping duties on imports of steel wind towers from China – EQ Mag Pro
The Commission has published a regulation imposing definitive anti-dumping duties on imports of steel wind towers from China. The duties range from 7.2% to 19.2%. These measures serve to protect and defend EU producers and workers from trade distortive practices that harm EU manufacturing The investigation has confirmed that imports of steel wind towers from […]
Hungarian Village Gets Mobile Energy Storage Space Unit – EQ Mag Pro
German electric energy E.ON has actually been developing large-scale mobile and flexible battery storage space systems (BESS) in Hungary to promote the combination of brand-new eco-friendly power plants right into existing grids at short notice. Recently the firm linked the third such mobile storage system to the local circulation grid in Dúzs. The relocation belonged […]
EU Solar Power Hits New Record Peak This Summer – EQ Mag Pro
New analysis by energy think tank Ember reveals that, for the first time, solar panels generated a tenth of EU-27 electricity during their peak months of June and July this year. New records were set in eight EU countries, including Spain and Germany. However, solar panels still generated less electricity than Europe’s coal power plants, […]
New EIB Study: How Do EU And US Firms Perceive And Invest in Climate Change?
EU businesses’ climate-related investment continues to evolve despite COVID-19. Climate change’s ultimate impact may still be hazy for many businesses, but more EU firms are investing to protect themselves than US firms. Uncertainty about regulation and taxation cited as the biggest obstacle to climate-related investment. Although investment in energy efficiency measures has increased, Europe’s energy […]
EU Approves Masdar-Taaleri’s 65 MW Solar Power Joint Venture in Greece
The European Union’s regulatory branch agreed with the establishment of a firm for the Asopia solar power project in Greece. Masdar, Taaleri, Constantakopoulos and Autohellas are jointly developing the 65 MW photovoltaic facility in Boeotia. The European Commission has approved the creation of a joint venture based in Greece by Abu Dhabi Future Energy Company […]
EU Regulators Clear 30.5 Billion Euro French Renewable Energy Scheme
The scheme is targeted at onshore operators of solar, onshore wind and hydroelectric installations, who will get a premium on top of the electricity market price. BRUSSELS : EU state aid regulators cleared on Tuesday a 30.5-billion-euro ($35.9 billion) French scheme for renewable energy production, saying it would help the bloc’s goal of achieving climate […]
EU Launches Green Bond Framework to Help It Meet Climate Goals
Green Bond Standard aims to be ‘gold standard’ Aligned with bloc’s sustainable finance framework Third-party checks on bonds to be backed up by regulator The European Commission on Tuesday proposed a new European Green Bond Standard to drive money into projects that will help the bloc meet its mid-century climate goal of net zero carbon […]
EU Unveils Plan to Increase Renewables Share in Energy Mix to 40% by 2030
The European Union must increase the amount of renewable energy it uses and cut energy consumption by 2030 under proposals the bloc’s executive Commission published on Wednesdayto help meet a more ambitious goal for reducing greenhouse gas emissions. As part of a package of climate policies, the Commission proposed an overhaul of EU renewable energy […]
Czech Lawmakers Approve Aid to Renewables, Less Keen on Solar Projects
Czech lawmakers on Wednesday approved a law setting up support for renewable energy sources, but solar industry representatives said the level of help for their sector was insufficient to attract investments needed to meet EU environment targets. Czech lawmakers on Wednesday approved a law setting up support for renewable energy sources, but solar industry representatives […]