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Global solar PV manufacturing capacity meets decade’s net zero targets

Global manufacturing capacity for solar PV is already aligned with the targets set for this decade on a net zero pathway, with battery capacity not far behind, according to a new report by the International Energy Agency (IEA).

read more... 07/05/2024

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UK tribunal gives go ahead for lawsuit against Europe power cable-makers

ALondon tribunal has given the green light for a £790m lawsuit against European power cable suppliers to proceed to trial, with allegations of a cartel inflating UK electricity costs, Reuters has reported.

read more... 07/05/2024

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Italy bans ground-mounted solar panels on agricultural land

The Italian government has approved a ban on the installation of new ground-mounted solar panels on productive farmland following a proposal by the agricultural ministry, it said late on Monday.

read more... 07/05/2024

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Daily (06.05.2024): Crude oil prices fell on Friday amid weak US employment figures

Oil prices declined on Friday amid fears of weakening US demand following weaker-than-expected employment figures. Hence, Brent crude declined by about 1%, reaching $82.96 per barrel, and WTI crude similarly dropped by 1%, to settle at $78.11 per barrel.

read more... 06/05/2024

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France aims for 45 GW by 2050 with 50% European production

On a visit to Saint-Nazaire on Thursday (May 2), Economy Minister Bruno Le Maire outlined the government’s strategy for deploying 45 GW of offshore wind power by 2050, with half of this capacity made in Europe.

read more... 06/05/2024

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