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Smart Readiness Indicator (SRI)

Several recent developments are shaping the solar photovoltaic (PV) landscape in 2024, particularly as the industry anticipates strong growth and technical innovation: 1. Global PV Installation Growth: A report from UK-based think tank Ember predicts a record-breaking 593 GW of global PV installations by the end of 2024, up 29%…
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EU aims to meet its 2050 climate neutrality target

European green building construction is accelerating as the EU aims to meet its 2050 climate neutrality target. New policies focus on both new builds and large-scale renovations. A critical legislative piece is the revised Energy Performance of Buildings Directive (EPBD), which mandates all new buildings to be zero-emission by 2030,…
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Solar thermal energy across Europe

Solar thermal energy is gaining traction across Europe as a significant tool in the clean energy transition, with several projects and policies advancing in 2024. The Netherlands recently launched a 37 MW solar district heating (SDH) system, the largest of its kind outside Denmark, demonstrating the technology’s potential to support…
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Hybrid Renewable Energy Systems (HRES)

In Europe, hybrid renewable energy systems (HRES)—combinations of technologies like solar, wind, and energy storage—are being advanced to increase energy stability and efficiency while helping meet EU climate goals. Recently, projects like the BEI Bornholm Energy Island and the PONTIS green hydrogen supply chain have been included in the EU’s…
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Recent developments in energy storage solutions

European energy storage initiatives are accelerating, driven by increased demand for grid stability and renewable integration. Germany, for example, has emerged as a major hub for battery energy storage projects (BESS), with new regulatory updates removing the “double-charging” fees for energy storage, a change that opens pathways for significant investment…
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