Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Portland General Electric (PGE) (NYSE: POR), are announcing the signing of a Power Purchase Agreement (PPA) for Tower Solar, a new 120 MWac (166 MWdc) solar energy project now under construction in Morrow County, Oregon, in collaboration with QTS … Continue reading Iberdrola builds its sixth photovoltaic installation in the state of Oregon, in the United States
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Portugal’s renewable energy production set to hit record high in 2024
Hydropower produced 28 percent of the electricity consumed in Portugal last year, followed by wind power with 27 percent, photovoltaic at 10 percent and biomass at 6 percent. Renewable energy production rose to a record high in Portugal last year and natural gas consumption fell to a 20-year low as the country installed more solar … Continue reading Portugal’s renewable energy production set to hit record high in 2024
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Curtailing solar photovoltaics is here to stay
As the penetration of variable renewable energy increases, curtailment of solar photovoltaic (PV) generation will only increase. Since curtailment will almost always be cheaper than investing in new transmission capacity or new grid-scale storage, curtailed energy should be rewarded, so that PV investment decisions can include curtailment as one of the flexibility options for grid … Continue reading Curtailing solar photovoltaics is here to stay
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Tunisia awards 500 MW of photovoltaic solar projects in tender
Tunisia has selected four photovoltaic projects totalling 500 MW in the first phase of the 1,700 MW call for tenders, with the best tariff being 0.029 euros per kWh. Among the winners of the AO-01-2022 call for tenders are three 100 MW projects proposed by the developers: one by Qair International SAS on a site … Continue reading Tunisia awards 500 MW of photovoltaic solar projects in tender
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OX2 secures photovoltaic plant of 165 MW and wind power plant of 40 MW at government auctions in Poland
OX2 has won contracts for the sale of electricity at government auctions in Poland, thus gaining support for a photovoltaic (PV) plant of 165 MW and a wind farm of 40 MW. The 40 MW wind farm project is located in south-eastern Poland and will be the eighth wind farm by OX2 in Poland. In … Continue reading OX2 secures photovoltaic plant of 165 MW and wind power plant of 40 MW at government auctions in Poland
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World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
SunCable receives approval to export photovoltaic (PV) electricity from Australia to Singapore via a 4,300-kilometer underwater cable. The power will come from the world’s largest photovoltaic and battery park, to be built in northern Australia at a cost of 35 billion dollars.SunCable receives approval to export renewable electricity from Australia to Singapore via a 4,300-kilometer … Continue reading World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
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POWERCHINA to Develop Photovoltaic Solar Power in Panama
POWERCHINA recently met with Sajalices Energy Co at its regional headquarters in Panama to sign the EPC (engineering, procurement, and construction) contract for the 530-megawatt Sajalices Photovoltaic Project. Counselor Zhou Quan of the Chinese Embassy in Panama stated that POWERCHINA has achieved remarkable results in renewable energy and that both sides will cooperate sincerely and … Continue reading POWERCHINA to Develop Photovoltaic Solar Power in Panama
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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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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
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New prospects for India’s photovoltaic (PV) industry
India has introduced a series of policy incentives to promote domestic PV manufacturing. Among them, the ALMM mandates that government projects use domestically produced modules listed in the ALMM. For India, where government projects form a significant portion of installations, the ALMM incentivizes local capacity and gradually reduces its reliance on imported modules, profoundly impacting … Continue reading New prospects for India’s photovoltaic (PV) industry
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Iran’s photovoltaic (PV) capacity to increase by 4,000 MW by March 2026
Iran’s photovoltaic (PV) capacity will increase by 4,000 megawatts (MW) by the end of the next Iranian calendar year (March 20, 2026), the country’s energy minister announced. Abbas Ali-Abadi said the country’s power grid is large and with the annual generation and consumption capacity of about 350 billion kilowatt hours of electricity, it technically has … Continue reading Iran’s photovoltaic (PV) capacity to increase by 4,000 MW by March 2026
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LRE begins commercial operations of the 200 MW Morrow Lake Solar photovoltaic (PV) power plant in Texas
LRE (Leeward Renewable Energy) today announced the completion and commercial operation of its 200-megawatt (MW) Morrow Lake Solar project. Located in Frio County, Texas, the project will provide Microsoft Corp. (“Microsoft”) renewable energy under a previously announced long-term power purchase agreement. Morrow Lake Solar is the first of two solar facilities developed under the agreement … Continue reading LRE begins commercial operations of the 200 MW Morrow Lake Solar photovoltaic (PV) power plant in Texas
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EU adds 66 GW of solar photovoltaic (PV) in 2024
Solar PV additions in the European Union are forecast to reach 65.5GW in 2024, according to trade association SolarPower Europe’s (SPE) latest report. After years of rapid growth with double-digit increases from previous years, Europe is facing a 92% slowdown in solar growth compared with the growth between 2021 and 2023. Last year was marked … Continue reading EU adds 66 GW of solar photovoltaic (PV) in 2024
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Bahrain eyes 20% reliance on photovoltaic solar power
One of the key incentives introduced to encourage wider adoption was a financial reward for surplus electricity generated by private photovoltaic systems Bahrain has set an ambitious target of 20 per cent reliance on photovoltaic solar power by 2035, a top minister has said. Electricity and Water Affairs Minister Yasser Humaidan, in a written reply … Continue reading Bahrain eyes 20% reliance on photovoltaic solar power
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Oda Solar Photovoltaic Power Project Inaugurated in Oromia, Ethiopia
The Oda Photovoltaic Power Project, a 370 kilowatt solar power facility built at a cost of 195 million birr, was officially inaugurated in Medewelabu Woreda, East Borena Zone, Oromia Regional State. In his inaugural address, the State Minister for Water and Energy, Dr. Sultan Wali, highlighted that the project will provide electricity to approximately 15,000 … Continue reading Oda Solar Photovoltaic Power Project Inaugurated in Oromia, Ethiopia
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China maintains high utilization rates of wind power and photovoltaic
China has maintained high utilization rates of wind and solar power, official data showed Sunday, suggesting the world’s renewables powerhouse has ensured both speed and quality in its green drive. The utilization rates of wind and solar power remained above 95 percent this year, according to data of the National Energy Administration. By the end … Continue reading China maintains high utilization rates of wind power and photovoltaic
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Spain announces 8 photovoltaic and hybrid projects for 1.32 GW and 200 MW of storage in the second week of December
The Official State Gazette for the second week of December contains announcements corresponding to 8 photovoltaic and hybrid projects for 1.32 GW, including 361.4 MW from Prodiel. Prior administrative authorisation for modifications and construction for the 361.4 MW Los Pradillos photovoltaic installation and its evacuation infrastructure, in the municipalities of Carranque, Ugena, Illescas, Yuncos, Numancia … Continue reading Spain announces 8 photovoltaic and hybrid projects for 1.32 GW and 200 MW of storage in the second week of December
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Jacobs to help build $3.3 billion, 3.5 GW photovoltaic (PV) plant and 4.5 GW battery system in Philippines
US firm Jacobs will help build a $3.3 billion, 3.5 GW photovoltaic plant and 4.5 GW battery system in the Philippines to help the country reduce its reliance on coal for power generation. Located on a 30-square-kilometer site 150 kilometers north of Manila, the “Terra Solar” project will be one of the largest solar parks … Continue reading Jacobs to help build $3.3 billion, 3.5 GW photovoltaic (PV) plant and 4.5 GW battery system in Philippines
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World’s highest photovoltaic solar power project put into operation in China’s Xizang
The second phase of the Huadian Xizang Caipeng Photovoltaic Power Station in Shannan Prefecture of southwest China’s Xizang Autonomous Region, the world’s highest-altitude photovoltaic project, officially began operations on Saturday. The power station’s second phase is located at an altitude ranging from 5,046 to 5,228 meters above sea level, setting a new record for the … Continue reading World’s highest photovoltaic solar power project put into operation in China’s Xizang
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AMEA Power commissions Egypt’s largest photovoltaic solar power plant with a 500 MW
500 MW Abydos solar photovoltaic plant will generate 1,500GWh of clean energy, powering approximately 300,000 households and will offset 782,300 tons of CO2 emissions. AMEA Power, one of the fastest growing renewable energy companies in the region, announced today the commissioning of its 500MW Abydos Solar PV Plant in Egypt. Located in the Aswan Governorate, … Continue reading AMEA Power commissions Egypt’s largest photovoltaic solar power plant with a 500 MW
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