In the first week of October, TTF gas futures prices for the Front?Month rose, reaching the highest settlement price since early December, above €40/MWh, on Friday, October 4. Rising gas prices, together with declining renewable energy production and rising demand in most markets, boosted prices in most European electricity markets. Photovoltaic energy reached production records … Continue reading Photovoltaic and wind energy in the first week of October
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Utility-scale U.S. photovoltaic solar electricity generation continues to grow in 2024
In August 2024, utility-scale generation of solar electricity averaged 63.1 gigawatthours between 10:00 a.m. and 6:00 p.m. each day in the Lower 48 states, 36% more than for the same hours in August 2023. Additions of solar generating capacity outpaced other resources in the U.S. electric power sector in 2023, and we expect this trend … Continue reading Utility-scale U.S. photovoltaic solar electricity generation continues to grow in 2024
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Electricity bills drive photovoltaic adoption in Myanmar
The adoption of photovoltaic solar energy in Myanmar is on the rise due to increasing oil prices and electricity costs, Thi Thi Soe, deputy general manager of Sandisolar, a Myanmar-based Chinese new energy company, told Xinhua on Friday. Moreover, photovoltaic solar products and related items are increasingly accessible in the market, making them an attractive … Continue reading Electricity bills drive photovoltaic adoption in Myanmar
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Redirecting wind energy in India
Accelerating the wind power capacity deployment is a crucial element of India’s energy transition story. This report discusses the role of wind in India’s energy landscape in 2030 and beyond. It highlights key development in the wind sector and their implications for the sector’s growth. The report examines the complementarity of wind and solar in … Continue reading Redirecting wind energy in India
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Argentina to have South America’s largest photovoltaic plant
Argentina has taken another step towards the future of renewable energy. All thanks to the inauguration of the largest photovoltaic plant in South America. Located in the Puna of Jujuy, the Cauchari plant has been equipped with more than 900 thousand solar panels that will occupy 600 hectares in the town of Susques, about 4200 … Continue reading Argentina to have South America’s largest photovoltaic plant
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Norway plans $3.3 billion floating wind subsidy cap
The Norwegian government proposed on Monday to offer up to 35 billion Norwegian crowns ($3.29 billion) in subsidies in the country’s first commercial floating wind power tender, in line with a preliminary plan outlined in June. “Norway has enormous potential for floating offshore wind on its continental shelf, but because the technology is still immature … Continue reading Norway plans $3.3 billion floating wind subsidy cap
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Top 6 Countries Using Wind Energy
Wind energy, a renewable and sustainable power source, harnesses the kinetic energy of the wind to generate electricity. Scientists and engineers devise wind turbines to capture and convert this natural force into usable energy. According to National Geographic, small wind turbines have the ability to generate sufficient power for a single household, producing approximately 100 … Continue reading Top 6 Countries Using Wind Energy
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Vestas secures 41 MW wind power order in Spain
Vestas is pleased to announce a significant order as part of its third quarter order book, marking another milestone in its global renewable energy portfolio. In this project, Vestas will supply wind turbines to Altano Energy for the Dama de Baza wind farm, located in Spain. The order consists of nine V163-4.5 MW wind turbines, … Continue reading Vestas secures 41 MW wind power order in Spain
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How deep can we take fixed-base offshore wind?
I loved the analysis published in Aegir Insights’ newsletter. The study shows what it would mean to build fixed-base wind farms at depths greater than current standards, which are around 60 meters deep. In fact, something very striking is that 40% of global floating wind developments are in depths below 100 meters. And I repeat, … Continue reading How deep can we take fixed-base offshore wind?
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RWE to realise 4 GW offshore wind projects off the German coast together with TotalEnergies
Partnership confirmed: TotalEnergies acquire a 50% equity stake in two wind power projects of 2 gigawatts capacity each. Investment decisions to be made by 2027 and 2028 respectively. Start of offshore construction in 2029 and 2030 and full commissioning planned for 2031 and 2032 respectively. RWE already operates six offshore wind farms off the German … Continue reading RWE to realise 4 GW offshore wind projects off the German coast together with TotalEnergies
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RWE starts construction of photovoltaic project in Poland
24 MWac Borek solar photovoltaic project consists of three solar farms with a total of around 40,000 solar panels. Green electricity to supply the equivalent of 10,500 Polish households annually. Commissioning planned in the second half of 2025. RWE is further expanding its Polish solar business. After commissioning the first solar farm from a construction … Continue reading RWE starts construction of photovoltaic project in Poland
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Photovoltaics in Spain already exceeds the record production of 2023 so far this year
Photovoltaic (PV) generation in Spain reached 37,551 gigawatt hours (GWh) accumulated so far in 2024 on October 5, thus surpassing its production for the whole of 2023, which was 37,472 GWh and was its historical maximum for a year, according to data from Red Eléctrica. This record is thanks to the favorable weather conditions and … Continue reading Photovoltaics in Spain already exceeds the record production of 2023 so far this year
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EDP Renewables connects its largest photovoltaic PV) project in Italy to the grid
EDPR’s second utility-scale solar PV project in Italy, “Campo Agrosolare Tuscia 15,” marks a key milestone in the company’s mission to diversify renewable energy production and accelerate the electrification of economies in all its markets. EDP Renewables has connected its largest utility-scale solar project in Italy to the grid, furthering the company’s efforts to diversify … Continue reading EDP Renewables connects its largest photovoltaic PV) project in Italy to the grid
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Cambodia to integrate wind power into national grid by 2026
Wind power is set to be connected to Cambodia’s national grid by 2026, adding a new clean energy source to diversify and strengthen the country’s energy supply, supporting the government’s goal of making electricity more affordable and sustainable, according to the Ministry of Mines and Energy. Speaking at a lecture on “Cambodia’s Energy Policy”, organised … Continue reading Cambodia to integrate wind power into national grid by 2026
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EU funds project to manufacture large-scale stable perovskite solar photovoltaic modules
A major research project aimed at accelerating the commercialization of perovskite solar technology, named Laperitivo, was recently launched in Genk, Belgium. Funded by the European Union, the project brings together 22 leading global partners, all working to enhance the efficiency and stability of large-area perovskite solar modules, marking a significant step towards industrialization of next-generation … Continue reading EU funds project to manufacture large-scale stable perovskite solar photovoltaic modules
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Price dispute begins in the photovoltaic (PV) industry supply chain
This week, the silicon material market experienced low trading activity with limited transaction volumes as the signing period approaches its end. Although some leading companies are showing a price increase trend in small orders, this change has not affected the overall market price structure. Currently, silicon manufacturers are strongly supporting prices; however, downstream demand for … Continue reading Price dispute begins in the photovoltaic (PV) industry supply chain
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Wind power in South Africa gains momentum with 1.3 GW under construction
The wind energy industry is hoping to take centre stage in the country’s efforts towards a just energy transition with 1.3 gigawatts of wind projects currently in construction. Speaking at the conclusion of the Windaba 2024 conference on Thursday, South African Wind Energy Association (SAWEA) CEO Niveshen Govender said over the past decade, wind energy … Continue reading Wind power in South Africa gains momentum with 1.3 GW under construction
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Fujian’s wind power industry contributes to national green development
Fujian Province in east China has made steady advancements in wind power development, playing a significant role in the country’s efforts to reshape its energy structure. In Fuqing City, the Xinghua Bay offshore wind farm has 59 wind turbine units, with a total installed capacity of 357.4 megawatts. It has generated over 5.2 billion kilowatt-hours … Continue reading Fujian’s wind power industry contributes to national green development
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Price cannibalisation makes it difficult to finance photovoltaic projects in Spain
Banks are closing the tap on photovoltaic projects that do not have a long-term contract for the sale of their electricity at a fixed price, due to the uncertainty generated by negative prices and zero euros in the market.Financing problems for independent developers arise when it is necessary to accelerate the deployment of solar parks … Continue reading Price cannibalisation makes it difficult to finance photovoltaic projects in Spain
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Brazil’s electricity supply to 2024 is expected to increase by 7.8 GW between photovoltaic and wind energy
In September, the National Electric Energy Agency (ANEEL) recorded an increase of 711.33 megawatts (MW) in the country’s installed electricity generation capacity, an advance that contributed to a growth of 7.8 gigawatts (GW) in the electricity matrix throughout 2024. From January to September, 219 plants came into operation, of which approximately 90% are wind and … Continue reading Brazil’s electricity supply to 2024 is expected to increase by 7.8 GW between photovoltaic and wind energy
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