US solar shifts from tax breaks to long-term contracts to fund new capacity
Who pays for new generating capacity once the federal investment tax credit winds down? Increasingly the answer is market discipline: power purchase agreements are taking over from state support and moving the financial burden onto corporate buyers. The phase-out is reshaping developers’ financial models. Research firm Enverus Intelligence Research reviewed more than three thousand US […]
Pledged investment in European biomethane reaches €36 billion
Financial commitments to new renewable-gas projects across Europe have grown by €8 billion in a year, according to the European Biogas Association, which records a rise of nearly thirty percent in planned investment against the previous period. If every announced project is built, they would add about nine billion cubic metres of new annual capacity […]
Greece’s PPC picks up a 2 GW renewables pipeline in Poland and Hungary
Greek state-owned power company PPC is buying ABO Energy’s Hungarian and Polish subsidiaries, taking on the project pipeline, operating assets and 38 staff. The deal hands PPC control of a portfolio of roughly two gigawatts. It covers five operating solar plants totalling 82 MW plus one 17 MW project nearing completion. Financial terms were not […]
Norway moves to halve the time it takes to build new power grids
Norway has unveiled a package of measures aimed at speeding up both renewable build-out and grid expansion. The plan streamlines project assessment and caps the handling of applications to connect to the grid at two years, the bet being that thinner bureaucracy and shorter approvals move projects along. The stated aim is to halve how […]
August 12 eclipse puts high-solar grids in Europe and the US to a live stress test
A solar eclipse on August 12 will briefly pull thousands of megawatt-hours of generation off the grid and push balancing reserves hard. For system operators running high shares of renewables, the natural event doubles as a real-world drill in how fast reserve capacity can respond. The shadow travels from Siberia across the Arctic toward Spain […]
