Acwa Power, a leading Saudi developer of power and desalination projects, has announced that the project company for Shuaa Energy 3 plant in Dubai has obtained the commercial operation certificate for Phase C of the facility. The Shuaa Energy 3 plant is being set up as part of Mohammed bin Rashid Al Maktoum Solar Park, … Continue reading Acwa Power gets commercial operation certificate for 300 MW photovoltaic solar project
Continue readingMonthly Archives: May 2024
Photovoltaic polysilicon prices plummet to critical levels
Polysilicon in China has seen a significant downward trend, with prices nearing the critical threshold of CNY 30 per kg, posing severe challenges to the cash costs of manufacturers involved. Solarbe Global Weekly Polysilicon Prices Update (May 9-May 16, 2024) Material Price Range (CNY/kg) Average Price (CNY/kg) Average Price (USD/kg) Weekly Change (%) N-type 41.00 … Continue reading Photovoltaic polysilicon prices plummet to critical levels
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In Peru there are more than 10,000 MW in photovoltaic projects and more than 9,000 MW in wind energy
There is no shortage of proposals, but of energy buyers, constant supply capacity and prices.Renewable energy projects in Peru reach 20,000 megawatts, but without demand?Large energy consumers have turned their attention to renewable sources and mechanisms that guarantee that their operations impact the environment as little as possible. Is this enough to promote the projects … Continue reading In Peru there are more than 10,000 MW in photovoltaic projects and more than 9,000 MW in wind energy
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Iberdrola and Avangrid reach an agreement to acquire 100% of the American company
Iberdrola has today signed an agreement to acquire the 18.4% minority stake in its US subsidiary Avangrid, which it previously did not own. The Board of Directors of Avangrid has approved the transaction, following the recommendation of a committee made up entirely of independent directors that has been delegated the authority to oversee this operation … Continue reading Iberdrola and Avangrid reach an agreement to acquire 100% of the American company
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BayWa r.e. and Elicio, winners of the French floating wind auction
The main topic of the last edition was the French floating wind auction and the statements of the French Minister of Economy, Bruno Le Maire, who mentioned a price below €100/MWh, which surprised many. It was this week when the winners and the award price were revealed. The winner was a consortium formed by BayWa … Continue reading BayWa r.e. and Elicio, winners of the French floating wind auction
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United States: $71 million invested in photovoltaic
The Biden administration announces a $71 million investment to strengthen the U.S. photovoltaic supply chain.As part of President Biden’s “Investing in America” agenda, the DOE (Department of Energy) has unveiled a $71 million investment. This funding is intended for research, development and demonstration projects. 16 million from the Bipartisan Infrastructure Law. The aim is to … Continue reading United States: $71 million invested in photovoltaic
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Iberdrola will continue to invest in offshore wind energy
Iberdrola will continue to invest in offshore wind energyEurope’s largest power utility, Iberdrola , will continue to bet on offshore wind in the coming years, increasing the value of its assets in the sector to about 17 billion euros ($18 billion), its executive chairman, Ignacio Sánchez Galán, told shareholders on Friday. In the past two … Continue reading Iberdrola will continue to invest in offshore wind energy
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Life cycle analysis of a wind turbine
One of the most widespread myths about renewable energies in general, and wind power in particular, has always been the emissions associated with the manufacturing and construction of installations. Also, the Energy Return on Investment (EROI), the ratio between the amount of energy a plant can produce during its lifespan and the amount of energy … Continue reading Life cycle analysis of a wind turbine
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Offshore wind to contribute positively to South Korea’s coastal cities economy with 87 trillion won in investments and 770,000 jobs
In pursuit of South Korea’s ambitious 14.3GW offshore wind installation targets by 2030, the construction of offshore wind farms could introduce over 770,000 job opportunities to revitalise local communities and contribute 87 trillion won worth of investments into the economy. The Global Wind Energy Council’s (GWEC) new reports reveal that offshore wind development supports local … Continue reading Offshore wind to contribute positively to South Korea’s coastal cities economy with 87 trillion won in investments and 770,000 jobs
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Naturgy begins the construction of a 300 MWp photovoltaic plant in Spain
Spanish company Naturgy has started building a 300 MWp photovoltaic solar park at a site in the Extremadura region of western Spain, the company said on Friday. The plant, called Campo de Aranuelo, will be Naturgy’s largest solar photovoltaic installation in Spain, according to the group, which is investing more than 150 million euros in … Continue reading Naturgy begins the construction of a 300 MWp photovoltaic plant in Spain
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Floating photovoltaics could limit Africa’s future reliance on hydro-generated energy
Floating photovoltaics (FPV), also known as floating solar farms, are photovoltaic systems that can be deployed on the sea’s surface or on other bodies of water. While their environmental impact is still the topic of debate worldwide, these systems could be highly advantageous for generating renewable energy, particularly in warm regions where available land is … Continue reading Floating photovoltaics could limit Africa’s future reliance on hydro-generated energy
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Industry executive sees promising future for photovoltaic solar power in Spain
In April, renewables in Spain reached a share of 64.6 percent of total monthly generation. Solar photovoltaics increased production by 4.4 percent compared to the same month in 2023. Photovoltaic (PV) solar energy has a “promising future ahead” and “great potential to expand” in Spain, an industry executive told Xinhua in an interview on Friday. … Continue reading Industry executive sees promising future for photovoltaic solar power in Spain
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Vestas has signed an offshore wind energy agreement with more than 1 GW in northern Europe
Vestas has signed a conditional agreement for the supply of wind turbines for a large-scale offshore wind farm with two construction phases in Northern Europe with a combined capacity above Vestas’ current disclosure threshold of 1 GW. When the agreement results in firm and unconditional orders, Vestas will disclose them in accordance with the company’s … Continue reading Vestas has signed an offshore wind energy agreement with more than 1 GW in northern Europe
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Equinor’s Empire Wind 1 offshore wind project wins construction approval in New York
Equinor, opens a new tab received approval from the New York State Public Utilities Commission to begin construction of its Empire Wind 1 offshore wind farm, Gov. Kathy Hochul said Thursday.The wind farm is scheduled to begin producing energy in 2026.Electricity generated from offshore wind farms is important to state and U.S. goals of reducing … Continue reading Equinor’s Empire Wind 1 offshore wind project wins construction approval in New York
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Tracker photovoltaic supplier Axial reports robust sales for Q1 2024
Spanish solar tracker supplier Axial announced strong financial results for the first quarter of 2024, with sales exceeding €120 million. CEO José Luis Fayos highlighted the company’s success during the quarterly results presentation. He noted that the company surpassed its 2023 goals for revenue, completed projects, and power supplied, and is continuing its upward trend … Continue reading Tracker photovoltaic supplier Axial reports robust sales for Q1 2024
Continue readingFrance announces winners of world’s first commercial-scale floating offshore wind auction
Yesterday France announced the winners of the 250 MW South Brittany floating offshore wind auction, the world’s first commercial-scale floating offshore wind auction. This is a major milestone for floating offshore wind technology. So far Europe has only built small pilot and demonstrator projects. With yesterday’s announcement floating wind took a big step towards commercialisation … Continue reading France announces winners of world’s first commercial-scale floating offshore wind auction
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What does Argentina need to promote wind energy?
One of the fundamental pillars for the growth of wind energy in our country is the implementation of clear and consistent policies that encourage investment and expansion of wind farms (EFE/Archive/Filip Singer) Migration towards more sustainable energy sources is gaining momentum in Latin America and Argentina is emerging as one of the leaders in this … Continue reading What does Argentina need to promote wind energy?
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ACP Statement on Clean Energy Manufacturing Policy Announcements
The American Clean Power Association (ACP) released the following statement from ACP CEO Jason Grumet after the U.S. Treasury released new guidance on the domestic content bonus credit for qualifying wind, solar, and energy storage technologies: “The domestic manufacturing incentives in the Inflation Reduction Act are essential to strengthen America’s clean energy supply chain. We commend … Continue reading ACP Statement on Clean Energy Manufacturing Policy Announcements
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Space, the new frontier of photovoltaics
This isn’t science fiction: producing photovoltaic energy directly in space and then beaming it down for use on Earth is the focus of the European Space Agency’s SOLARIS project, which we’re also involved in. The first major goal: to place a one-megawatt power plant in orbit by 2030. The results of the project will also … Continue reading Space, the new frontier of photovoltaics
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US tariffs on photovoltaic imports will “have limited impact” on Chinese companies
Major Chinese photovoltaic (PV) enterprises said that the U.S. move to double tariff rates on PV cell imports from China to 50 percent would have a limited impact on them, according to media reports. The U.S. move will only backfire on itself and harm the country’ s green transformation and industrial development, experts said. The … Continue reading US tariffs on photovoltaic imports will “have limited impact” on Chinese companies
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