The federal government has confirmed that the biggest tender for renewables ever held in Australia – for six gigawatts of wind and solar – will be held in May and the focus will be on NSW, where more than one third of the capacity will be reserved. The auction will be the first since federal … Continue reading Australia’s biggest wind power and photovoltaic auction set for May
Continue readingMonthly Archives: April 2024
Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development
The transition away from fossil fuels to renewables requires a new interpretation of the concept of energy security, according to a new report by the International Renewable Energy Agency (IRENA) published today. Geopolitics of the energy transition: Energy security outlines a multi-dimensional energy security concept for the 21st century. The systemic nature of the ongoing … Continue reading Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development
Continue reading
The potential of photovoltaic energy in Brazil
Photovoltaics (PV) plays a fundamental role in the Brazilian electricity sector, contributing to a more sustainable energy matrix and customer savings. With a vast territory and abundance of solar resources, Brazil has enormous potential to generate photovoltaic energy, making this source a central piece in the transition towards a cleaner and renewable energy matrix.One of … Continue reading The potential of photovoltaic energy in Brazil
Continue reading
Curtailment, record-low power prices threaten photovoltaic investments in Spain
Renewable energy promoters have underestimated the effects of restrictions and low wholesale prices, putting countries like Spain at risk of bankruptcy. In April, the average wholesale price in Spain reached a historic low of just over 5 euros per MWh.The situation is even worse if regional energy trade is taken into account. In Bulgaria, the … Continue reading Curtailment, record-low power prices threaten photovoltaic investments in Spain
Continue reading
Inox Wind receives order for supply of 210 MW wind turbines from Hero Future Energies
Inox Wind said the order is for its state-of-the-art 3 MW wind turbine generators (WTGs) and the scope comprises equipment supply with certain add-on services. Additionally, Inox Wind will also provide post commissioning multi-year operations and maintenance services. The WTGs will be supplied to HFE from the third quarter of fiscal year 2025 (FY25) onwards … Continue reading Inox Wind receives order for supply of 210 MW wind turbines from Hero Future Energies
Continue reading
Bhutan and EIB sign 150 million Euro loan for hydropower and solar photovoltaic projects
Bhutan and the European Investment Bank (EIB) signed the first-ever EIB project supporting reliable, green, energy for communities in Bhutan through a 150 million Euro loan with a tenure of 30 years. The renewable energy framework loan was signed on the margins of the International Monetary Fund and the World Bank spring meetings on April … Continue reading Bhutan and EIB sign 150 million Euro loan for hydropower and solar photovoltaic projects
Continue reading
Contract signed for Norway’s first commercial offshore wind power plant
The Norwegian government has signed a contract related to the offshore wind farm in the Sørlige Nordsjø II area with Ventyr Energi, the winner of the recently held auction.Ventyr Energi, a consortium formed by Parkwind and Ingka Investments, obtained the rights to develop the wind farm in the Sørlige Nordsjø II area with a winning … Continue reading Contract signed for Norway’s first commercial offshore wind power plant
Continue reading
Eversource Energy Announces Execution of Definitive Agreement with Ørsted to Sell Sunrise Wind
Eversource Energy (NYSE: ES) (“Eversource”) today announced it has finalized definitive documents regarding its previously announced agreement to sell its 50 percent ownership stake in the 924-megawatt Sunrise Wind project to Ørsted. Eversource will remain contracted, under a separate construction management agreement, to lead the onshore construction of the Sunrise Wind project following the closing. … Continue reading Eversource Energy Announces Execution of Definitive Agreement with Ørsted to Sell Sunrise Wind
Continue reading
Photovoltaic organizes the I Summit of Energy Communities
On April 25 and 26, the first Energy Communities Summit will be held in El Prat de Llobregat, organized by the Spanish Photovoltaic Union (Unef) in collaboration with ComEnerSys. The meeting will bring together the main experts in the sector to share good practices and experiences in management. The debate will analyze the six barriers … Continue reading Photovoltaic organizes the I Summit of Energy Communities
Continue reading
Global photovoltaic capacity will reach 1.6 TW in 2023
Global photovoltaic capacity grew to 1.6 TW in 2023, up from 1.2 TW in 2022, according to the IEA-PVPS Snapshot of Global PV Markets 2024. The Photovoltaic Power Systems Program (PVPS) of the International Energy Agency (IEA) has published a comprehensive snapshot of the global photovoltaic market, covering installations, manufacturing, policy trends and grid integration.The analysts … Continue reading Global photovoltaic capacity will reach 1.6 TW in 2023
Continue reading
Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of 2.5 times relative to 2023. Alliance members’ joint renewables ambition was announced alongside a grid infrastructure action plan. The plan, revealed at the … Continue reading Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
Continue reading
Japan added 4 GW of PV in 2023, a slight decrease compared to 2022 values.
Japan is a leader in solar photovoltaic innovation. While ill-considered tariffs and silicon shortages have slowed domestic manufacturing and production, tensions between the United States and China could give Japan the opportunity to grow its solar industry.Japan’s solar photovoltaic (PV) industry would seem enviable for countries committed to a successful energy transition.Japan’s solar PV capacity … Continue reading Japan added 4 GW of PV in 2023, a slight decrease compared to 2022 values.
Continue reading
China widens wind power lead with new generation record
China’s wind farms produced over 100 terawatt hours (TWh) of electricity in March, the highest monthly total ever by a single country and as much as all of Europe and North America combined, data from energy think tank Ember shows. he production total was 25% more than during the same month in 2023, and helps … Continue reading China widens wind power lead with new generation record
Continue reading
Statkraft supplies hydropower and wind power to Deutsche Bahn
Statkraft, Europe’s largest producer of renewable power, and Deutsche Bahn have concluded further power purchase agreements (PPAs) for the supply of green power from hydropower and onshore wind farms. From the beginning of 2027 to the end of 2034, Statkraft will supply green electricity from hydropower directly to Deutsche Bahn from its two run-of-river power … Continue reading Statkraft supplies hydropower and wind power to Deutsche Bahn
Continue reading
Wind energy and photovoltaic is boosting economic growth
Clean electricity accounted for around 80% of new capacity additions to the world’s electricity system in 2023, and electric vehicles for around one out of five cars sold globally. At the same time, global investment in clean energy manufacturing is booming, driven by industrial policies and market demand. Employment in clean energy jobs exceeded that … Continue reading Wind energy and photovoltaic is boosting economic growth
Continue reading
Apple builds a photovoltaic plant in Segovia
Apple is building a photovoltaic plant in Segovia with 105 megawatts of electricity that will be operational at the end of 2024 and is part of its plans for the company to be carbon neutral by 2030 throughout its value chain.In a statement, the company explained that this project aims to offset the amount of … Continue reading Apple builds a photovoltaic plant in Segovia
Continue reading
The Industrial Growth Plan for the offshore wind energy industry in the United Kingdom is presented
RenewableUK, the Offshore Wind Industry Council, The Crown Estate and Crown Estate Scotland have published a detailed Industrial Growth Plan (IGP). The plan is part of a wider effort to boost investment in the UK against the backdrop of growing global competition for clean energy technology. It sets out a way to triple offshore wind … Continue reading The Industrial Growth Plan for the offshore wind energy industry in the United Kingdom is presented
Continue reading
The sun shines in South America: Colombia, Chile and Brazil give a big push to the deployment of photovoltaics
South America has a lot of sun and a lot of space, and solar energy has grown from a small player to the main driver of generation growth in several countries in the region (making their already clean grids even cleaner). Today we look at the grids of Chile, Brazil, and Colombia, all of which … Continue reading The sun shines in South America: Colombia, Chile and Brazil give a big push to the deployment of photovoltaics
Continue reading
Estimation of energy production from photovoltaic panels
Estimation of energy production from photovoltaic panelsA recent case study, co-authored by Dr Christine Traeger-Chatterjee of EUMETSAT, highlights how the Photovoltaic Geographic Energy System can be used to estimate energy production from solar panels for almost any land location around the world. Caption: The PVGIS uses four different solar radiation datasets to provide coverage across … Continue reading Estimation of energy production from photovoltaic panels
Continue reading
Copenhagen Infrastructure Partners completes acquisition of New York onshore wind development portfolio
Copenhagen Infrastructure Partners (CIP), acting on behalf of its flagship fund, CI V, today announced the successful acquisition of Liberty Renewables, a 1.3 GW portfolio of onshore wind projects in New York. Established in 2019, Liberty Renewables (“Liberty”) owns a portfolio of greenfield renewable energy projects in New York. With a robust pipeline of approximately … Continue reading Copenhagen Infrastructure Partners completes acquisition of New York onshore wind development portfolio
Continue reading
