Following the recent approval from the China Securities Regulatory Commission, the Guangzhou Futures Exchange launched polysilicon futures on Thursday, with polysilicon options scheduled to debut on Friday. This landmark move not only marks a significant step for China in establishing a pricing mechanism for polysilicon but also indicates that China’s position in the global photovoltaic … Continue reading ‘China price’ offers valuable certainty to global photovoltaic (PV) industry
Continue readingMonthly Archives: December 2024
Cuba to operate 55 new photovoltaic solar plants in 2025
Cuba will have 55 new photovoltaic solar plants in the course of next year, Foreign Minister Bruno Rodríguez said on Thursday.According to the national energy transition strategy, the installation of 92 parks is planned until 2028 to provide more than 2,000 megawatts (MW) of power, the foreign minister noted on X. “Of these, 55 will … Continue reading Cuba to operate 55 new photovoltaic solar plants in 2025
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Chinese wind power projects illuminate Uzbek homes
In today’s world, green has become the defining color of the New Era in China, with green development emerging as a significant feature of Chinese modernization. Green development, which seeks to promote harmony between humanity and nature while maximizing economic and social benefits with minimal resource consumption, has now become a global consensus. China is … Continue reading Chinese wind power projects illuminate Uzbek homes
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Community Photovoltaic Solar and Beyond
Community solar—a solar energy deployment model that allows customers to buy or lease part of a larger shared solar photovoltaic (PV) system—is a growing area of PV development. This model expands access to renewable energy to renters, households that qualify for energy assistance, homeowners with shaded property or those with roofs that do not support a … Continue reading Community Photovoltaic Solar and Beyond
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Vestas secures 99 MW order for wind power repowering at Molar de Molinar and Isabela wind farms in Castilla-La Mancha, Spain
Iberdrola has placed a 99 MW order for the repowering of the Molar de Molinar and Isabela wind farms, located in Castilla-La Mancha, Spain. The contracts include the supply and installation of 11 V150-4.5 MW wind turbines and 11 V136-4.5 MW wind turbines respectively, as well as a 10-year Active Output Management (AOM 4000) service … Continue reading Vestas secures 99 MW order for wind power repowering at Molar de Molinar and Isabela wind farms in Castilla-La Mancha, Spain
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Union Solar photovoltaic plant begins operations in Ohio
ACCIONA Energía announced today the achievement of Commercial Operation Date (COD) for its Union Solar Farm in Ohio (325MWp), officially marking the start of energy injection into the Ohio grid. The project is located in Marysville, central Ohio, and it is comprised of 760,000 solar panels spread over 22 square miles. With a capacity of … Continue reading Union Solar photovoltaic plant begins operations in Ohio
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Batteries set to drive rapid photovoltaic growth
Chemical battery storage, led by lithium, has made such significant strides in terms of cost, capacity and technology that batteries are now positioned to accelerate our already exponential photovoltaic solar growth. “But what happens when the sun goes down?” This age-old refrain now has a definitive answer: “Batteries take over.” Throughout 2023 and 2024, lithium-based … Continue reading Batteries set to drive rapid photovoltaic growth
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Electricity access continues to improve in 2024 – after first global setback in decades
People without access to electricity declined in 2023, a trend set to continue in 2024 The IEA’s latest data show the number of people without access to electricity declined by more than 10 million from over 760 million in 2022 to below 750 million in 2023. This follows a period of stagnation and setbacks in … Continue reading Electricity access continues to improve in 2024 – after first global setback in decades
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Wind power and photovoltaic solar energy overtakes thermal power in China’s coal-rich Inner Mongolia
The installed new energy capacity, which includes wind power and photovoltaic solar energy, in North China’s coal-rich Inner Mongolia autonomous region has surpassed 120 million kilowatts, exceeding the region’s installed thermal power capacity for the first time. Inner Mongolia has achieved this milestone one year ahead of schedule, most recently having connected a 1-million-kilowatt photovoltaic … Continue reading Wind power and photovoltaic solar energy overtakes thermal power in China’s coal-rich Inner Mongolia
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Photovoltaic Solar/Batteries Displace 312 Nuclear Plants in 2 Years Time
Photovoltaic solar + batteries will have added the equivalent of 312 nuclear power plants in just 2 years by the end of 2025. According to BloombergNEF, 599 gigawatts (GW) of new solar capacity were added in 2024. The researcher also projected that 662 GW of new solar would be added in 2025. Because of the … Continue reading Photovoltaic Solar/Batteries Displace 312 Nuclear Plants in 2 Years Time
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Green hydrogen advocates get a cold dose of reality from Bloomberg
When it comes to hydrogen news on CleanTechnica, Michael Barnard is the resident expert. He has written dozens of articles about how the green hydrogen dream has led governments and corporations — which presumably have intelligent people in charge — down a primrose path of hype, hope, and hyperbole for years, leaving shattered dreams and … Continue reading Green hydrogen advocates get a cold dose of reality from Bloomberg
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EBRD supports the largest onshore wind project in Africa
The European Bank for Reconstruction and Development (EBRD) is promoting renewable energy and low?carbon technologies in Egypt by arranging a syndicated loan worth US$ 275 million for the construction and operation of the largest wind farm in Africa. The US$ 275 million syndicated loan to Suez Wind consists of a US$ 200 million A loan … Continue reading EBRD supports the largest onshore wind project in Africa
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BP wins Japanese offshore wind auction
Japan is advancing its national green power initiatives, with Jera Co., Marubeni Corporation, and BP emerging as winners in the latest offshore wind auction.The government has awarded projects totaling approximately 1 gigawatt of capacity. A consortium including Jera will develop a project near Aomori Prefecture, while another consortium with Marubeni and BP will focus on … Continue reading BP wins Japanese offshore wind auction
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Iberdrola completes merger with Avangrid
Iberdrola today completed its merger with US subsidiary Avangrid after acquiring the 18.4% of the shares it did not already control. Avangrid shareholders will receive $35.75 per share, and the company will be delisted from the New York Stock Exchange. The operation was completed after the green light was given by the Federal Energy Regulatory … Continue reading Iberdrola completes merger with Avangrid
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Photovoltaic (PV) solar power installations hit new highs in China
China is on track to set a new record for photovoltaic solar power installations in 2024, driven by falling production costs and increased global interest in renewable energy, said industry experts and company executives. With the world’s largest, most complete new-energy industry chain, China is expected to install 230 to 260 gigawatts of solar capacity … Continue reading Photovoltaic (PV) solar power installations hit new highs in China
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Taiwan’s Nan Ya to triple photovoltaic solar power generation
Nan Ya PCB Vice President Jack Lu (???) said Tuesday the company will triple its solar power generation next year. Lu at a corporate briefing said the solar power system at the company’s Shulin plant generates 340,000 to 350,000 kWh of electricity annually, per CNA. He estimated that the second phase of the solar power … Continue reading Taiwan’s Nan Ya to triple photovoltaic solar power generation
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Masdar expands photovoltaic and wind power portfolio in Europe
Masdar has acquired Saeta Yield and partnered with Endesa S.A. in Spain. UAE’s clean energy leader has acquired Saeta, an established renewables platform with an operating portfolio of 745MW of predominantly wind assets, and a 1.6GW development pipeline in Spain and Portugal, for an enterprise value of €1.2 billion.Masdar is also partnering with Endesa in … Continue reading Masdar expands photovoltaic and wind power portfolio in Europe
Continue readingThe new capacity market, key to battery deployment in Spain
The new capacity market aims to guarantee the security of electricity supply and promote the development of key technologies such as batteries. This market provides a stable source of revenue for energy storage projects, essential for the transition to a more renewable and flexible system. The capacity market is emerging as an essential tool to … Continue reading The new capacity market, key to battery deployment in Spain
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Wind energy takes center stage in the second-to-last week of 2024 and, together with lower demand, drives down electricity market prices across Europe
In the penultimate week of 2024, prices in the main European electricity markets fell, after several weeks of increases. This fall was favored by increased wind energy production and lower electricity demand, associated with cooler temperatures. In addition, solar photovoltaic energy production increased in several markets, and again broke records for a December day in … Continue reading Wind energy takes center stage in the second-to-last week of 2024 and, together with lower demand, drives down electricity market prices across Europe
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Another US offshore wind farm approved as Trump threatens offshore wind
The wind farm is owned by EDP Renewables and Engie.On Friday, US regulators approved the 11th offshore wind farm in the United States. The 2.4 GW Southcoast Wind project, to be built off the coasts of Massachusetts and Rhode Island, has been approved by the Bureau of Ocean Energy Management (BOEM). The project plans involve … Continue reading Another US offshore wind farm approved as Trump threatens offshore wind
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