The European Commission is targeting 90% renewable electricity by 2040 in the EU and sees energy storage as one of several key areas of investment to get there, according to a leaked draft.

The European Commission has targeted a 90% share of EU electricity from renewables by 2040 – mostly solar and wind – and complemented by nuclear energy, according to a leaked draft first obtained by French media Contexte.

Under these conditions, the European Union will require “substantial” investments in expanding its power grid, while upgrading to smarter and more flexible grids.

Storage a ‘Key Element’ for New 2040 Renewable Energy Targets | Devamı>>>

Mono Steel is also in the second phase of Snowy 2.0 Hydroelectric Power Plant, one of the biggest projects in Australia. Mono Steel’s task in this project is to produce the steel structures of the 2nd phase designed for renewable energy…

Continuing its mega project in America, Mono Steel is going to the other side of the world, to Australia this time. Mono Steel, which was appreciated for its performance and quality workmanship in the 1st phase of the Snowy 2.0 Hydroelectric Power Plant Project, which was partially completed in 2020,
It is justifiably proud of taking part in the 2nd stage as well.

‘Mono Steel’ Signature at Hydroelectric Power Plant in Australia | Devamı>>>

For the first time since the creation of the Innovation Fund, the European Union is investing 118 million euros into 32 small innovative projects located in 14 EU Member States, Iceland and Norway.

The grants will support projects aiming to bring low-carbon technologies to the market in energy-intensive industries, hydrogen, energy storage and renewable energy. In addition to these grants, 15 projects will benefit from project development assistance worth up to 4.4 million euros, with the aim of advancing their maturity.

EU Invests 122 Million Euros in Innovative Low-Carbon Projects | Devamı>>>

GoodWe hosted the opening ceremony of the second phase of the Guangde manufacturing plant on May 22. GoodWe CEO and founder Daniel Huang, along with the Board of Directors and Company partners, laid the foundation for the investment in the project.

Since GoodWe’s listing in 2020, investor capital has propelled the company into a new phase of rapid development. With a total delivery of more than 2 million solar inverters and a total of 23 GW installations in more than 100 countries and regions, GoodWe is poised to take the lead in residential and commercial rooftops, industrial, floor-mounted & grid-connected large-scale systems and energy storage.

‘GoodWe’ Increases Production Capacity of Facility 1.2 Million Units per Year | Devamı>>>

2019 promises to be an exciting year for clean tech. An increasing number of countries, companies and regions are embracing sustainable energy generation and the landscape is rapidly evolving.</h1
Here are 6 renewable energy trends to watch in the coming year.
1. Energy Storage

Energy storage plays an important role in balancing power supply and demand, and is key to tackling the intermittency issues of renewable energy. Pairing a storage system with a renewable energy source ensures a smooth and steady power supply, even when weather conditions are not optimal for energy generation.

6 Renewable Energy Trends to Watch in 2019 | Devamı>>>