March 13, 2025Brussels anticipates savings of 2.5 trillion in the next 15 years from the deployment of renewable energy sources

Europe
Brussels anticipates savings of 2.5 trillion in the next 15 years from the deployment of renewable energy sources

The European Commissioner for Energy, Dan Jorgensen, stated that the EU could save up to 2.5 trillion euros by 2040 by deploying renewable energy more quickly. He emphasized that progress in the green transition has helped keep energy prices lower than they would have been. The strategy also focuses on reducing taxes, promoting long-term contracts, and improving energy system integration.

March 12, 2025Europe to add 4.5 GW of offshore wind in 2025: Record investment and supply chain challenges

Europe
Europe to add 4.5 GW of offshore wind in 2025: Record investment and supply chain challenges

Europe reached 37 GW of installed offshore wind capacity in 2024, with 21 GW within the EU. However, supply chain disruptions, rising costs, and regulatory uncertainty threaten the sector’s growth. As the continent pushes towards 4.5 GW of new offshore wind capacity in 2025, WindEurope experts assess the latest investment trends, policy shifts, and key challenges ahead.

March 12, 2025Innovation Fund: €4.2 billion to support 77 cutting-edge decarbonisation projects for EU’s clean energy transition

Europe
Innovation Fund: €4.2 billion to support 77 cutting-edge decarbonisation projects for EU’s clean energy transition

It is expected that the projects will start operations between 2025 and 2031. They are from 18 European countries and could reduce up to 397.6 million tons of CO2 equivalent in their first ten years. With a total budget of around €12 billion, the Innovation Fund supports the development of net-zero technologies and Europe’s transition to a cleaner and more competitive economy.

March 11, 2025Growatt’s solar revolution: AI and predictive storage to optimise consumption

Europe
Growatt’s solar revolution: AI and predictive storage to optimise consumption

At the Storage and Renewable Leadership Forum, organised by Strategic Energy Corp, Alejandro Pintado, Growatt’s Product Marketing Manager, highlighted the importance of predictive storage and the integration of AI in optimising energy consumption. He also presented Growhome, an intelligent energy ecosystem, and innovative balcony storage solutions aimed at democratising access to solar energy.

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