Wind power, solar photovoltaic and concentrated solar power (CSP) sources reached a combined accumulated power of 59,106 megawatts (MW) in 2023, which represents an increase of 12.7% compared to the previous year, according to the DBK Sector Observatory of Informa, a subsidiary of Cesce.The study reflects that in 2023 the upward trend in installed renewable … Continue reading The combined accumulated power of wind and photovoltaic energy grows by 12.7% in 2023 in Spain
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The recovery of wind energy production in Europe in the second week of October favors the price fall in the electricity markets
In the second week of October, wind energy production in most major European markets recovered after the previous week’s falls, favoring weekly price declines in most electricity markets. On an hourly basis, some markets registered negative prices, while others registered the highest prices since at least February 2024. In Italy, photovoltaic energy production reached a … Continue reading The recovery of wind energy production in Europe in the second week of October favors the price fall in the electricity markets
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8 projects with photovoltaics and hybridization in the second week of October in Spain
Prior administrative authorization for the Elvira Solar photovoltaic installation of 168 MW, and its evacuation infrastructure, in the municipalities of Carmona, Mairena del Alcor and Alcalá de Guadaíra (Seville), promoted by Chint Solar. Request for declaration of public utility for the Volateo Solar photovoltaic plant of 138.23 MW, and its evacuation infrastructure, in the municipalities … Continue reading 8 projects with photovoltaics and hybridization in the second week of October in Spain
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Electricity distributed by Iberdrola reaches all-time highs
Iberdrola’s distributed electricity has reached an all-time high, registering 177,943 GWh in the first nine months, an increase of 2.5% compared to the same period last year. The good performance in electricity distribution was driven by the recovery of electricity demand in all the markets where the company is present. To respond to this increase … Continue reading Electricity distributed by Iberdrola reaches all-time highs
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The XI Solar Forum highlights self-consumption and storage as pillars of a sustainable future for photovoltaics in Spain
The XI Solar Forum, organized by the Spanish Photovoltaic Union (Unef), brought together more than 1,200 representatives of the photovoltaic sector in Madrid on October 9 and 10. During the sessions, crucial issues for the future of solar energy in Spain were discussed, such as self-consumption, storage and electrification. The conclusions of the forum highlight … Continue reading The XI Solar Forum highlights self-consumption and storage as pillars of a sustainable future for photovoltaics in Spain
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Photovoltaic and wind energy in the first week of October
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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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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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
Continue readingSpain approves 2.56 GW for 32 photovoltaic and hybrid wind and battery projects (BESS) in September
The Official State Gazette contains announcements for the month of September of 32 photovoltaic and hybrid wind and battery projects (BESS).Application for the declaration of public utility of the Maira Beta Group Photovoltaic Plant of 140.127 MW and its evacuation infrastructures, in the municipal terms of La Vid de Bureba, Berzosa de Bureba, Vileña, Grisaleña, … Continue reading Spain approves 2.56 GW for 32 photovoltaic and hybrid wind and battery projects (BESS) in September
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Spain authorised 10,060.8 MW of photovoltaic (PV) and 2,237.1 MW of wind energy in the third quarter
A total of 263 renewable energy projects, with an aggregate capacity of 12,299.5 MW, have obtained administrative authorisation throughout the third quarter of the year. This is stated in a report by the Foro Sella Renewable Energy Observatory, prepared by Opina 360, which for the first time collects data from both the Official State Gazette … Continue reading Spain authorised 10,060.8 MW of photovoltaic (PV) and 2,237.1 MW of wind energy in the third quarter
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Agility in the processing of wind power projects, protecting the wind industry and increasing electrification in Spain
The Wind Energy Business Association (AEE) is holding a new edition of the technical and technological knowledge forum for the wind energy sector in Spain, the ‘Operational Analysis of Wind Farms’ conference. More than 200 experts are meeting to analyse and discuss improvements in the operation and maintenance of Spanish wind farms. Spain is one … Continue reading Agility in the processing of wind power projects, protecting the wind industry and increasing electrification in Spain
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Wind energy (21.1%) and photovoltaic (19.5%) dominate electricity generation in September in Spain
During this month of September, renewables have generated 33% more than in the same period of the previous year and have accounted for 53% of the monthly mix. National electricity demand experienced an increase of 3.1% in September compared to the same month of the previous year, once the effects of temperature and working hours … Continue reading Wind energy (21.1%) and photovoltaic (19.5%) dominate electricity generation in September in Spain
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European wind energy production reached records for September
In the last week of September, wind energy production increased in the main European markets and registered historical daily production records for September in several markets. This favored the decline in electricity market prices, even though gas and CO2 prices increased during the week. Solar photovoltaic energy production declined in most markets with the arrival … Continue reading European wind energy production reached records for September
Continue readingPrice cannibalisation triggers the signing of electricity contracts that combine wind power and solar photovoltaic
In Spain, long-term power purchase agreements, known as PPAs, have been signed that hybridise both technologies for a total of 1.3 GW in the first half of the year. Offshore wind power also promises a new era. Spain is one of the countries with the lowest electricity prices in Europe during solar photovoltaic generation hours. … Continue reading Price cannibalisation triggers the signing of electricity contracts that combine wind power and solar photovoltaic
Continue readingAcciona Energía completes 19.7 MWp photovoltaic generation installation with wind energy in Cuenca
Located in the municipalities of Villalba del Rey and Tinajas (Cuenca), the new 19.7 MWp photovoltaic facility joins an existing 26 MWp wind farm. ACCIONA Energía has completed its second hybrid renewable generation facility with the construction of a 19.7MWp photovoltaic plant on the site of the existing Peralejo wind farm (26MW), in the municipalities … Continue reading Acciona Energía completes 19.7 MWp photovoltaic generation installation with wind energy in Cuenca
Continue readingSpain approves 650 MW for 11 photovoltaic and hybridisation projects, including 39.6 BESS from Naturgy
The Official State Gazette contains announcements corresponding to the last week of September of 11 photovoltaic and hybridisation projects with wind energy and batteries (BESS).Prior administrative authorisation of the construction modifications, and the declaration of public utility, for the Mudarra 1 photovoltaic installation of 52.525 MW and its evacuation infrastructures, in the municipal terms of … Continue reading Spain approves 650 MW for 11 photovoltaic and hybridisation projects, including 39.6 BESS from Naturgy
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The Future of European Electricity Markets: Batteries, Hybridisation and Profitability
European electricity markets are facing an unprecedented energy revolution, driven by the rise of renewable energies. Batteries and hybridisation of technologies are emerging as key players in this transformation process, not only optimising the integration of clean energy but also mitigating price volatility and increasing the profitability of investments. Falling battery prices and the advance … Continue reading The Future of European Electricity Markets: Batteries, Hybridisation and Profitability
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EDP and Engie demand the auction of offshore wind energy in 2025 to comply with the PNIEC in Spain
If the Government wants to meet the 2030 offshore wind targets set in the National Integrated Energy and Climate Plan (PNIEC), the first auction must be launched next year, without further delay. This is the position of Ocean Winds, the joint venture owned 50% by EDP Renovables and Engie.In a meeting with the press on … Continue reading EDP and Engie demand the auction of offshore wind energy in 2025 to comply with the PNIEC in Spain
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Green light for Iberdrola’s new reversible pumped-storage hydroelectric power plant in Alcántara (Spain)
The project for the construction of the new Alcántara II reversible hydroelectric pumping station, located in Alcántara (Extremadura, in southwest Spain), has obtained a favourable Environmental Impact Statement (EIS), according to a resolution of the Ministry for Ecological Transition and the Demographic Challenge. As a result, the project has a favourable EIS and a permit … Continue reading Green light for Iberdrola’s new reversible pumped-storage hydroelectric power plant in Alcántara (Spain)
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Naturgy launches its first photovoltaic plant in the province of Seville with the capacity to supply 34,000 homes
Naturgy has launched its first photovoltaic plant in the province of Seville. The new facility, located in Villanueva del Rey, between the municipalities of Écija and La Luisiana, has 50 MW of power and will produce 111 GWh of renewable energy annually. This amount is equivalent to the electricity consumption of 34,000 homes and will … Continue reading Naturgy launches its first photovoltaic plant in the province of Seville with the capacity to supply 34,000 homes
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