EU Green Deal and Maritime Fuel
As we reported here, in July 2021, the EU published its update to the ‘green deal’, known as “Fit for 55” in reference to the 55% reduction in carbon emissions targeted for 2030.
In recent project document meetings with governments and utilities in SubSaharan Africa the message has been clear – what we are really interested in is solar PV with battery storage. Solar PV works for relieving pressure on hydropower during the day, but what about our evening peak demand? Whilst there is mild interest in solar photovoltaic (PV), there is a real eagerness to consider hybrid projects which combine solar PV with battery storage.
© Norton Rose Fulbright LLP 2021