SolarPower Europe

It's Strasbourg week! ☀ SolarPower Europe have landed in Strasbourg for the first plenary session of the new EU mandate. This week our team are meeting with new and returning MEPs to talk all things #solar. Our message is clear: solar is booming, offering Europe a future of prosperity and energy security. But there is no time for complacency. Let's get to work implementing key legislation to accelerate the energy transition. ⏩ For the next EU mandate we hope to see a strong focus on improving grid flexibility and reshoring a robust solar manufacturing base to Europe. Our Deputy CEO, Dries Acke, attended the European Energy Forum General Assembley, witnessing the hand-over from MEP Jerzy Buzek to MEP Tsvetelina Penkova as President of the Forum. At the Gala Dinner, Dries spoke about the importance of industrial electrification for EU competitiveness. Along with our Senior Policy Advisor, Jonathan Bonadio, they met with several newly elected MEPs including Wouter Beke and Nicholas Borg, both members of the new ITRE Committee, highlighting the need for flexibility, electrification and a new Green Deal investment fund under the next EU budget to deliver the 2030 objectives. Tomorrow we will have the election of the European Commission President and a clear idea of the political priorities for the coming 5 years - stay tuned for updates. Read our ultimate action plan for the next 5 years here 👉 https://lnkd.in/epPEw94V #SolarForEurope #GreenDealforEU #MakeSolarEU #LetsFLEX Jonathan Bonadio Dries Acke

The sky is no longer the limit for solar! 🚀     The world is likely to achieve 2 TW of total solar this year, after reaching 1 TW in 2022, and might reach the annual TW-level installations already in 2028. ☀     To get there, financing and energy system flexibility with a focus on battery storage and electrification must be unlocked. 🔓     Read more in SolarPower Europe’s Global Market Outlook for Solar Power 2024-2028.    Download the report: https://lnkd.in/eC9qqrhx     Global Solar Council (GSC) Intersolar The smarter E #SolarPower 

🆕 From today 📍 EU national governments must implement the new #ElectricityMarket rules.   The new rules will help the EU solar market grow from 269 GW at the end of 2023 to reach the #REPowerEU target 🎯 of 750 GW by 2030.   We've created a one-stop-shop 📖 covering the key technical areas under the law, why they're important, and what the solar sector recommends for their implementation.   Read the paper to deep dive on 👇   📝 Contracts for Difference 🤝 Power Purchase Agreements 👫 Energy sharing 🧮 Dedicated Metering Devices 🔌 Grid connection procedures & grid hosting capacity maps 🤸♀️ Flexible grid connection agreements 🔮 Anticipatory investments 🔍Flexibility needs assessments Read the paper 👉 https://lnkd.in/gGJwMqhv

New #MemberMonday! ☀️    We are happy to welcome our new members Asociācija Saules Enerģija Latvijai, TSG Group, Zelestra to SolarPower Europe! ✅    Asociācija Saules Enerģija Latvijai aims to promote a unified strategy for the renewable electricity industry and the creation of a continuous energy supply ecosystem. Discover more ➡️ https://sel.lv/    TSG Group are a technical services provider, responsible for mobility solutions supporting public and private energy distribution infrastructures. Discover more ➡️ https://lnkd.in/dbmYZCM    Zelestra is a client-focused global renewables company, providing carbon-free solutions and making decarbonisation a reality. Discover more ➡️ https://zelestra.energy/    Are you interested in becoming a member of SolarPower Europe? ☀️  Find out more here: https://lnkd.in/dcXgk_Sq  #SolarPower #Europe 

🆕 To achieve our decarbonisation goals and boost renewable electricity capacity, we need effective frameworks to attract investments. 🌞🔋   The recent update to the Electricity Market Design #EMD, adopted in early 2024, highlights Contracts for Difference (CfDs) as the key to supporting renewables.   Industry and legislators agree that CfDs:   🌱📈 Are essential for hitting decarbonisation and renewable energy targets.   💵🔒 Provide stable revenues vital for financing renewable projects.   🛡️ Shield consumers from price volatility.   Our latest position paper explores the evolution of #CfDs and evaluates advanced proposals to maximise their effectiveness. 📝✨   We offer guidance on designing non-distortive CfDs that support the #solar sector, with expert analysis on current and emerging designs. 💡   Check out the full paper and join the conversation! 👇 https://lnkd.in/dd3-VpdV

Driving Africa's #cleanenergy future through collaborative investment! 🌍✨ At the Africa Energy Forum 2024 in Barcelona in June, we were delighted to organise a boardroom with GET.invest and the Global Wind Energy Council (GWEC). The session gathered development finance institutions, project developers, and energy utilities, interested in investing 💵 in Africa’s energy infrastructure. GET.invest is a European programme that mobilises investments in renewable energy, co-funded by the European Union, Germany, Norway, the Netherlands, Sweden and Austria. GET.invest offers support directly addressing project inherent risk via a tailored financial access advisory covering a wide range of services - from early stage structuring and financial modelling, to introductions to financiers and term sheet negotiations. During the boardroom, Christoph Both highlighted; "Together with all of our partners, we are open to working with developers to advance the projects to the bankability and financial close stage, covering all ticket sizes and all market segments within clean energy in Sub-Saharan Africa, the Caribbean and the Pacific." Find out more about GET.invest’s Finance Access Advisory 👇 https://lnkd.in/d8bDBsqZ   #aef24

🆕 The energy sector is becoming more digital. To support the #digitalisation wave, we've published our position on cybersecurity 💻🔒 A digital, electrified, energy system will cost Europeans €160 billion 💶 less by 2040. Today, the risk of an impactful cyberattack on Europe’s grid via solar plants is limited. However, #solar is a future-looking sector, on our way to providing the majority of Europe’s electricity. We take that responsibility seriously. 🛡 Our Deputy CEO, Dries Acke, said; "Like technological revolutions before, digitalisation also comes with new challenges, like cybersecurity. We didn’t need anti-virus protection for a typewriter – but we do need it for our laptops." Our paper sets out how Europe can establish a harmonised #cybersecurity baseline for solar 👇 🚩Improving cyber risk assessments 📋 Setting a new EU standard for product security for distributed energy resources ✊ Empowering consumers to manage their device security 🔍 Ensuring an EU or nationally authorised layer of monitoring for any centrally co-ordinated or managed devices (like aggregated rooftop solar installations)   Read the statement and the position paper 👇 https://lnkd.in/gWFei_9W

📢 EU action needed: Recognise EV battery manufacturer’s PPAs! SolarPower Europe alongside corporate renewable energy buyers, producers, and energy transition leaders, is calling for urgent action from the EU! 🚗 🔋 The Draft Delegated Act on the EV battery carbon footprint methodology risks hampering  Europe's growing power purchase agreement (PPA) market – a key decarbonisation tool for corporates. We call the European Commission and Member States to: ✅ Recognise PPAs in the EV battery carbon footprint methodology. ✅ Continue incentivising EV battery supply chain to decarbonise their electricity supply by combining PPAs and Guarantees of Origin (GOs). ✅ Don’t create parallel carbon accounting methodologies and risk double-counting. Read the full joint letter here 👉 https://lnkd.in/gG7xz-mA   #SupportPPAs #Sustainability #EU #EVBatteries

#SolarSaves: a resilient business story! ☀️   Discover how smart investments in solar technology enable businesses to reduce their bills and gain a competitive edge, securing long-term, affordable, and clean electricity. ⚡   Hear from Stavriana and Ilektra from Greece about their journey - by investing in solar for their laundry shop, they will recoup their investment within just 4 years and enjoy 20 years of free electricity! 💰   Discover more #SolarSaves stories 👇 https://lnkd.in/eJrztDaZ

How do we ensure energy security in digitalised power grids? 💡 Find out in our webinar on “A harmonised cybersecurity baseline for solar PV” on 📅 11 June, 🕑10 am Join our free webinar to learn more about: ➡️ The importance of digitalisation for the energy sector ➡️ The role of cyberattacks and their effects on power grid stability ➡️ The implementation of harmonised cybersecurity requirements Register here 👉https://lnkd.in/dxaCMMKW Walburga Hemetsberger Jan Osenberg Mireia Vila Trunas Paulo Moniz Uri Sadot Monika Zsigri Herman Carstens