Category: Interviews

Floating solar is getting more reliable and profitable: Ciel & Terre’s Vincent Grumetz

The first floating solar projects were installed 15 years ago, and we can see that those power plants are still running and producing electricity. Thus, the technology is proven. Further, growth is also being driven by the price, and floating solar technology is becoming more competitive. For instance, the price of solar modules went down, and so did the capex of floating solar, thereby making this technology more profitable.

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India is uniquely positioned to lead the global energy transition: India’s Shripad Yesso Naik

India’s renewable energy growth has been guided by a mix of near-term programmes and long-term planning initiatives undertaken by the government. In the short term, the focus has been on implementing already-notified schemes and mechanisms, such as the competitive bidding guidelines for solar, wind and hybrid projects; schemes for rooftop solar and decentralised renewable energy; promotion of storage technologies, including batteries and pumped hydro; and support measures like the production-linked incentive scheme for high-efficiency solar PV modules. These instruments have provided the framework within which industry and states are scaling up renewable deployment.

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Countries and industries want long-term energy security alongside decarbonisation: InterContinental Energy’s Alexander Tancock

When we started looking seriously at green hydrogen, the industry was largely theoretical. It sat in the background of energy discussions, viewed as something that might one day become relevant. What has changed over the past decade is that hydrogen has shifted from concept to accepted necessity. Heavy industry, steel, shipping, fertilisers and future fuels all need a solution that electricity alone cannot provide, and green hydrogen fits that role. The biggest evolution has been the move from hype to grounded delivery.

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The Global South will be central to the next wave of solar leadership: ISA’s Ashish Khanna

Solar, batteries and related technologies are no longer niche, given they are now the least-cost generation option for most countries. The Global South will be central to the next wave of solar leadership, as the world has doubled solar generation capacity from 1,000 GW to 2,000 GW in just two years, with expectations of doubling to 4,600 GW by 2030. Asia is expected to account for more than 70 per cent of this expansion. This is not just for climate reasons, but because the economics is driving the expansion of solar, storage and transmission.

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Our challenge is to deliver energy transition at least cost: Ofgem’s Jonathan Brearley

Whatever political choices are made, strategically it is very clear we need to move to a different system that manages risks in the best interests of consumers. We need to invest now to build out a system that’s secure, affordable, and fit for the future – and Ofgem can help deliver this at least cost. Yes that means investment in the short term… but that investment is the best way to ensure our energy security and greater stability for bills over the medium and long term. It’s a big challenge, but it’s one I believe we can meet.

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The path towards energy transition must be realistic, equitable and regionally attuned: Malaysia’s Anwar Ibrahim

In the SEA region, eight out of 10 countries have set net zero targets. ASEAN member states have also pledged to triple global renewable energy capacity to 11,000 GW by 2030 at the COP28. The path towards energy transition must be realistic, equitable and regionally attuned. In order to deliver energy transition, clear financing strategies, infrastructure modernisation, inclusive policies and technological innovations are required. Through regional cooperation, the SEA region has the potential to shape a low-carbon energy future.

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Collaborations between the Global South are crucial: Malawi’s Ibrahim Matola

In Malawi, 80 per cent of our energy is from hydropower. However, we still need to diversify our renewable energy resources mix – the way India has done – and incorporate wind, green hydrogen, geothermal, etc. Going forward, we need collaborations to get the necessary technology transfers to achieve the energy transition. For a just transition, it is essential that we are given the time and space to determine our own pace of progress.

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We have launched the Critical Minerals Strategy: Austrade’s Nathan Davis

The New Roadmap for Australia’s Economic Engagement with India, launched earlier this year, outlines four “superhighways” of growth: tourism, agribusiness, education and skills, and clean energy. Within clean energy, we have launched the Renewable Energy Partnership, committed to supporting India’s solar ambitions, including the goal of installing 10 million solar panels by 2027. Australia’s clean energy push is also backed by the Future Made in Australia Act, which allocates AUD 22 billion toward a net-zero future through tax incentives and funding support.

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Decarbonisation is about climate, competitiveness and independence: Commissioner Wopke Hoekstra

We need to double down on renewables, and the numbers show why. Between 2010 and 2020, the cost of solar plummeted by 82%. It will get cheaper and cheaper – and it will make us every more competitive. Doubling down on renewables in general, and solar in particular, is probably a very smart business decision. Let’s assume we have that renewables capacity, you need to fuel that somewhere, transform it into grid capacity. Doubling down and making huge investments over the next decade in grid capacity is critical.

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Our customers’ appetite for green energy remains strong: Engie’s Catherine MacGregor

What is undisputable is that our customers’ appetite for green energy remains strong. There are many markets in the US where significant load growth is expected and our conviction remains that renewable and BESS should benefit from their short time to market relative to gas and nuclear. As of now, we benefit from a big level of optionality. Remember, we have a pipeline of 115 GW, 80 GW of this is outside North America. So, if needed, we could allocate capital originally intended for the US into other attractive markets where we are already well established.

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Carbon markets are a critical enabler for decarbonisation: Singapore’s Dr Tan See Leng 

The current economic environment which is marked by slowing growth, resurgence in protectionism, and inflationary pressures could result in countries and companies delaying action. But nature waits for no one, and the effects of climate change will continue to persist and will worsen. Choosing inaction today is effectively also choosing to accelerate towards a certain and grim future. Singapore recognises that carbon markets are a critical enabler for decarbonisation. International cooperation is needed for both countries and companies to achieve their climate commitments. But carbon markets continue to stall. The three key obstacles are: a lack of common standards, financing gaps, and capacity constraints.

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Building a net zero chemicals industry: Global Impact Coalition

The chemical industry is a cornerstone of the global economy, supplying essential materials and technologies that form the backbone of over 95 per cent of manufactured goods. However, it is also a major contributor to environmental challenges, accounting for approximately 6 per cent of global greenhouse gas (GHG) emissions and significant resource consumption. REGlobal had the opportunity to engage with the Global Impact Coalition (GIC), a CEO-led platform dedicated to accelerating the chemical sectors transition to a netzero and circular economy.

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Offshore renewables will play an increasing role in our energy mix: Corine Franken

It is great to be pioneering a new asset class. This requires the ability to deal with uncertainties and a lack of clarity on adaptation timelines, as well as macroeconomic trends. The world today in 2025 is different from two years ago. Investment in OFPV also depends on the offshore wind business case as a hybrid solution. Since the offshore wind business case is under pressure, this is affecting market adaptation in Europe for OFPV. It is interesting to follow the dynamics of this nascent industry.

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Floating Solar in Europe: Industry Perspective

Floating solar has emerged as a promising clean energy solution globally, driven by primarily land acquisition-related issues and the limited availability of suitable land for traditional clean energy projects. Recognising the immense potential of floating solar, REGlobal is organising a conference on Floating Solar in Europe on February 13-14, 2025 at Novotel Amsterdam City, Netherlands. To better understand the sector’s dynamics, we reached out to key industry experts to know their perspectives on the benefits, challenges, and future prospects of floating solar projects.

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AI is changing the pace of change: Masdar’s Dr. Sultan Al Jaber

We have set records in solar from the biggest single-site power plant to a world-leading desalination plant. We have set the pace in wind, creating wind farms that can operate in rough seas and at low speeds. We have set the bar in nuclear, with all four units of the Baraka plant fully operational. In partnership with the Emirates Water and Electricity Company, Masdar is combining 5 GW of solar capacity with 19 GWh of storage to produce 1 GW of uninterrupted clean power.

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The IRA is a historic legislation within the US and globally: Laura Lochman

We are now 18 months into the implementation of the IRA. We are able to assess it with more granularity now and observe how it is actually being implemented. Approximately 210,000 jobs have been created as a result of the IRA and the activities associated with it. We have also seen the announcement of investments exceeding $220 billion. There cannot be an energy transition without critical mineral inputs, and thus, it is a point of focus for us and for our partners and allies as well. We are planning to diversify the supply chains for clean energy technologies and critical minerals.

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Our goal is to be fully carbon neutral by 2035: EnBW’s Andreas Schell

We have a clear plan for gradually reducing our emissions in all emission categories, known as Scopes 1 to 3. Our goal is to be fully carbon neutral by 2035. To achieve this goal, we plan to halt coal-based electricity and heat generation as early as 2028, provided the necessary policy framework is ready in time. Of course, this raises the question of how we will continue to ensure security of supply. How do we make up for the electricity that we previously generated from coal?

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Cleantech has become the key to energy security: European Commission’s Frans Timmermans

We have set clear definitions for producers of renewable hydrogen under the revised Renewable Energy Directive, currently under the scrutiny of the European Parliament and the Council, and we hope they can finally be adopted by the deadline of June the 13th. The Renewable Energy directive also sets binding renewable hydrogen sub targets which will help kickstart first hydrogen production and offtake projects.

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We must unlock Africa’s potential for green hydrogen: AfDB’s Dr. Akinwumi A. Adesina

Africa is very well positioned to help lead the revolution on clean energy industrial value chains because it accounts for 80% of the world’s platinum reserves, 50% of cobalt reserves and 40% of manganese reserves and huge resources for graphite and lithium. Africa is therefore a crucial source for minerals and metals for clean energy value chains, including electric vehicles and utility-scale battery storage.

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Policy landscape presents challenges and opportunities: Invenergy’s Mick Baird

Invenergy was an early leader in the clean energy transition and has continually evolved to push the energy industry forward. What began as a largely thermal and wind business is now a full energy solutions provider with an array of new technologies, including solar, green hydrogen, desalination, and large-scale battery storage. While the technology has changed, our approach to responsibly siting clean energy projects that benefit a broad spectrum of stakeholders has remained the same.

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