EU households with solar panels combined with heat pumps save up to 84%
Compared to homes reliant on gas heating and without solar panels, households in Germany, Spain, and Italy saved up to EU 3,700 last year
SolarPower Europe report – 2022, year when solar age truly began
Last year the European Union connected 41.4 GW of photovoltaic capacity to the grid, an all-time record 47% increase
EU’s solar power additions in 2022 are equivalent to over 100 LNG tankers
A record 41.4 GW of photovoltaic capacity will be installed in the European Union this year, SolarPower Europe said
Greek renewables price cap creates problems for PPA contracts
The low price cap set by the Greek government for renewables creates an issue for PPA contracts, which must be resolved soon
EU mulls higher renewables target for 2030 to speed up shift from Russian fossil fuels
Last year the European Commission proposed lifting the existing 32% target for renewables in the overall energy mix to 40%, and is now considering raising it to 45%.
EU urged to back energy storage development alongside renewables, hydrogen
The EU is urged to back energy storage so as to ensure energy security and independence of Russian fossil fuels, and achieve a net-zero power system.
Price of EU’s plan to cut dependence on Russian gas
In the light of the energy transition, it could be a great push for renewables, but also a step back due to the expected increase in the use of coal power plants
Global solar power to cross 200 GW annual installation threshold in 2022
Solar’s growth confirmed its dominance among all newly installed power generation technologies, reaching a 39% global share.
