The latest edition of the Fraunhofer Institute for Solar Energy Systems (ISE) study highlights a pivotal moment in the energy landscape, revealing that the levelized cost of electricity (LCOE) from renewable energy sources, in particular photovoltaic (PV) systems combined with battery storage, will continue to decline until 2045. This downward trend in LCOE presents a … Continue reading LCOE for photovoltaics (PV) projected to decline until 2045
Continue readingMonthly Archives: October 2024
Statkraft applies for 2.1 GW offshore wind permit outside Stockholm, Sweden
Statkraft has submitted a planning application for the 2.1 GW Baltic Offshore Delta North bottom-fixed offshore wind farm in the Baltic Sea. The Delta North windfarm is located in Sweden’s economic zone, approximately 100 kilometres east of Stockholm and 55 kilometres east of Sandhamn island. The greater Stockholm region will have the potential to receive … Continue reading Statkraft applies for 2.1 GW offshore wind permit outside Stockholm, Sweden
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Vestas secures 70 MW wind power order in Germany
Vestas is pleased to announce a new wind turbine order as part of its fourth quarter order, demonstrating its commitment to advancing wind energy in Europe. The order comes from Terrawatt Planungsgesellschaft mbH for the Ostharingen wind farm in Goslar, Germany. The project will have a total capacity of 70 MW and will feature five … Continue reading Vestas secures 70 MW wind power order in Germany
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Indonesian installed photovoltaic (PV) capacity tops 700 MW
The Institute for Essential Services Reform says Indonesia’s photovoltaic (PV) industry has faced a downturn over the past two years, but policy reforms should accelerate solar deployment in the coming years. The think tank’s latest report says there are currently 16.92 GW of projects in the pipeline across the country.Indonesia’s total installed solar capacity reached … Continue reading Indonesian installed photovoltaic (PV) capacity tops 700 MW
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A new European project will develop technologies to dismantle wind turbine blades at the end of their useful life and increase their circularity
The REWIND research project will also implement new methodologies for recycling and reusing composite materials for the construction and automotive sectors. AIMPLAS, the Technological Institute of Plastics, coordinates this research and leads the thermal and chemical recycling efforts. Globally, it is estimated that 2.5 million tonnes of composite materials are currently used in wind turbines … Continue reading A new European project will develop technologies to dismantle wind turbine blades at the end of their useful life and increase their circularity
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Türkiye aims to increase wind energy and photovoltaic
Türkiye is setting ambitious goals for its energy sector, with plans to raise the share of renewable energy in electricity production to 47.8% by 2025, according to the Ministry of Energy and Natural Resources’ 2025 budget proposal. The ministry also targets a reduction in natural gas’s contribution to electricity production to 18.9%.Expansion of renewable energy … Continue reading Türkiye aims to increase wind energy and photovoltaic
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LONGi sets new milestone with over 27% efficiency for silicon solar photovoltaic (PV) cells
LONGi recently published a research paper titled “Silicon heterojunction back contact solar cells by laser patterning” in Nature, reporting a breakthrough that pushes the photoelectric conversion efficiency of silicon solar cells beyond 27% for the first time. This achievement establishes a new milestone for photovoltaic technology based on silicon materials. The study highlights the immense … Continue reading LONGi sets new milestone with over 27% efficiency for silicon solar photovoltaic (PV) cells
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India records 90GW of solar photovoltaic (PV) capacity
According to the latest data from India’s Ministry of New and Renewable Energy (MNRE), the country’s total installed power capacity reached 452.69 GW as of October, with renewable energy contributing 201.45 GW, or 46.3% of the total.Photovoltaic solar energy leads the renewable segment with 90.76 GW, accounting for 45.1% of the renewable mix, followed by … Continue reading India records 90GW of solar photovoltaic (PV) capacity
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Philippines awards certificates to three offshore wind energy projects (1.65 GW)
The Philippines’ Department of Energy has awarded certificates of confirmation of commerciality to three offshore wind projects in the country, totalling a capacity of 1.65 GW. The projects are being developed by a consortium of Triconti Windkraft Group, Sea Wind Holdings, and Stream Invest Holding. The projects include the 450 MW Frontera Bay wind power project and … Continue reading Philippines awards certificates to three offshore wind energy projects (1.65 GW)
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Arauco wind farm in Argentina installs new wind turbines
The Arauco Wind Farm in La Rioja successfully completed the transportation and unloading of the components necessary for the installation of the new wind turbines that will make up the second stage of the PEA 3 project, which has been financed with funds from the sale of the Arauco Park II to the company Pampa … Continue reading Arauco wind farm in Argentina installs new wind turbines
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As incentives rise, solar photovoltaic (PV) makers choose states strategically
The higher incentives offered by Odisha have attracted Saatvik Solar, one of India’s largest solar module manufacturers, to set up its cell and module manufacturing project in the eastern state while putting its plans in Gujarat on the back burner. “We had purchased a 60-acre land for a solar project at Gandhidham in Kutch district … Continue reading As incentives rise, solar photovoltaic (PV) makers choose states strategically
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Chinese wind turbines lead global wind energy building
Chinese wind turbines are having increasingly more presence globally. In the first half of 2024, China received 5 GW of wind turbine orders abroad, yielding a 47% increase YOY, revealed by the ongoing 2024 China Wind Power (CWP2024) in Beijing, one of the world’s most influential wind energy event. “By the end of 2023, China … Continue reading Chinese wind turbines lead global wind energy building
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France to tender 9.2 gigawatts (GW) of offshore wind power
France will tender two fixed and three floating wind farms with a total capacity of 9.2 gigawatts (GW) in the coming months, the energy ministry announced in a decision published on Friday.The projects will be built off the coast of Fécamp in northwestern France, as well as in the waters of Brittany, the western Gulf … Continue reading France to tender 9.2 gigawatts (GW) of offshore wind power
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Order intake by Chinese wind turbine OEMs advanced beyond domestic dominance in H1 2024
As the global energy landscape continues to evolve, the wind energy sector is experiencing unprecedented transformation. Drawing from data from Wood Mackenzie’s rich Wind Services offering, explored the causes and impacts of this pivotal shift in a recent webinar. In the first half of 2024, Chinese wind turbine manufacturers not only solidified their domestic dominance … Continue reading Order intake by Chinese wind turbine OEMs advanced beyond domestic dominance in H1 2024
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Soleos Energy and Melci Holdings to build 200 MW photovoltaic plant in the Democratic Republic of Congo
Soleos Energy and a partner specialising in electrical engineering, Melci Holdings, are preparing to start construction of a 200 MW solar photovoltaic (PV) plant in the Democratic Republic of Congo (DRC). Soleos Energy said that the groundbreaking ceremony for the €184.5 million project will take place on 19 October in the village of Fipango, in … Continue reading Soleos Energy and Melci Holdings to build 200 MW photovoltaic plant in the Democratic Republic of Congo
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Romania’s first photovoltaic opens in Covasna county
KBK Kraft Project will build in Sfântu Gheorghe, Covasna county, the first photovoltaic panel factory in Romania. The company signed a contract with the Ministry of Energy on Thursday to receive a 19.3 million euro financing from the National Resilience and Recovery Fund (PNRR), according to a press release from the ministry. KBK Kraft Projekt … Continue reading Romania’s first photovoltaic opens in Covasna county
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Greeks will be able to install photovoltaics on their roofs faster
With less bureaucracy, photovoltaic systems will be installed in Greece, with or without energy storage batteries, in existing industrial, commercial, office buildings, etc., as well as in future man-made structures. In particular, solar systems with the possibility of adding batteries can be installed on their roofs, as well as on canopies, terraces, balconies, facades and … Continue reading Greeks will be able to install photovoltaics on their roofs faster
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Clean energy: The biggest opportunity on the planet
In the little over four years since Ember launched, the global energy landscape has undergone a seismic shift. And with that, so too must the way we talk about the energy transition. What follows is a reflection on how our thinking has evolved – and why we’re more energised than ever about what’s coming next. … Continue reading Clean energy: The biggest opportunity on the planet
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Germany acts to ensure level playing field and data security in wind energy
The German Economy and Energy Ministry issued a five-point Action Plan today to address current challenges to the European and German wind energy supply chain. The Action Plan recognises the need to correct unfair competition between European wind energy suppliers and their international competitors. It also pledges to address cyber and data security risks stemming … Continue reading Germany acts to ensure level playing field and data security in wind energy
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Europe’s wind supply chain continues ramp up to meet EU targets
On 15 October MEPs Barry Andrews, Annalisa Corrado and Bart Groothuis and EU Commission officials from DGs GROW and MARE joined WindEurope to visit Sif’s new monopile factory and Eneco’s new coastal wind farm in Rotterdam. The Port of Rotterdam also showed us how it’s driving every aspect of the EU’s Clean Industrial Deal. The … Continue reading Europe’s wind supply chain continues ramp up to meet EU targets
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