“BP’s $7 billion annual buyback program does not appear to be covered from 2025 onwards,” HSBC’s Kim Fustier said in a note last month when the bank downgraded the company. The wind farms, spread across seven states, are all operational and have a combined capacity of 1.7GW, of which BP owns 1.3GW. Analysts at RBC … Continue reading BP announces sale of US onshore wind portfolio to focus on photovoltaiv (PV)
Continue readingTag Archives: photovoltaic
Spain authorizes 875 MW for 9 photovoltaic and hybrid projects in the second week of September
The Official State Gazette for the second week of September contains announcements corresponding to 9 projects for 263.4 MW belonging to Enel Green Power, and 557 MW to Viridi. We compile the most notable announcements from the Official State Gazette (BOE) of the second week of September: Application for declaration of prior administrative authorization of … Continue reading Spain authorizes 875 MW for 9 photovoltaic and hybrid projects in the second week of September
Continue reading
More rooftsolar photovoltaic panels in cities could help solve New Zealand’s energy crisis
New Zealad’s current electricity supply crisis requires immediate solutions. But we argue the government’s emphasis on importing natural gas and construction of centralised solar farms is a missed opportunity. The case against gas has been highly publicised because of its greenhouse gas emissions and substantial costs. But the government’s focus on large solar infrastructure in … Continue reading More rooftsolar photovoltaic panels in cities could help solve New Zealand’s energy crisis
Continue reading
Wind power and solar photovoltaic (PV) overtake fossil fuels in EU electricity production for the first time
Data reveals that in the first six months of 2024, renewables overtook fossil fuels in EU electricity production. The European Commission announced that for the first time, wind and solar PV sources have overtaken fossil fuels in electricity generation in the European Union. According to published data, in the first half of 2024, more than … Continue reading Wind power and solar photovoltaic (PV) overtake fossil fuels in EU electricity production for the first time
Continue reading
China highlights US support for its photovoltaic (PV) energy
Solar photovoltaic (PV) products are crucial for the adjustment of energy structure and the green transformation of industries. Currently, the United States has built high walls of protectionism by imposing multiple trade restrictions and continuously increasing tariff barriers on imported PV products. On the other hand, it implemented exclusive and discriminatory industrial policies through legislation such as the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs … Continue reading China highlights US support for its photovoltaic (PV) energy
Continue reading
Solar photovoltaic (PV) companies drive energy storage boom amid intense market competition
Over the past year, the solar industry has faced intense competition, with prices close to cost. The surge in energy storage, attracting even non-solar companies, is not surprising. As a result, the energy storage market quickly shifted from a “blue ocean” to a “red ocean.” Many energy storage product sellers report selling at cost, with … Continue reading Solar photovoltaic (PV) companies drive energy storage boom amid intense market competition
Continue reading
AMEA Power to develop largest solar photovoltaic (PV) project in Egypt
The projects will bring AMEA Power’s total capacity in Egypt to 2,000 MW of wind and photovoltaic (PV) power, accompanied by 900 MWh of battery energy storage systems.AMEA Power will invest an additional $800 million in two major renewable energy projects in Egypt, reinforcing its commitment to the country’s clean energy transition. The projects will … Continue reading AMEA Power to develop largest solar photovoltaic (PV) project in Egypt
Continue reading
Photovoltaic and energy storage help enterprises reduce costs and increase efficiency
On August 31, the staff from the Xin Gao Service Center of State Grid Taizhou Electric Power Supply Company assisted the Taizhou First Aluminum Factory in formulating a personalized “photovoltaic + energy storage” integrated plan, providing customers with stable and efficient clean energy supply and promoting green and low-carbon energy transformation. Amid the current backdrop … Continue reading Photovoltaic and energy storage help enterprises reduce costs and increase efficiency
Continue reading
Curtailment in solar power refers to reducing the electricity generation from solar photovoltaic (PV)
Curtailment in solar power refers to reducing the electricity generation from solar photovoltaic (PV) systems below their full potential. This happens when the electricity produced exceeds what can be used or transmitted through the grid. Curtailment occurs for several reasons. One reason is grid capacity limits. The power grid has a maximum capacity for how … Continue reading Curtailment in solar power refers to reducing the electricity generation from solar photovoltaic (PV)
Continue reading
Development of photovoltaic solar power industry in Hami City, NW China
An aerial drone photo taken on Sept. 8, 2024 shows a partial view of the Shichengzi photovoltaic power station in Hami City, northwest China’s Xinjiang Uygur Autonomous Region. Hami has flat terrain and is blessed with one of the longest sunshine durations in the country. Local authorities have been accelerating the development of solar power … Continue reading Development of photovoltaic solar power industry in Hami City, NW China
Continue reading
Photovoltaic modules and cells fall in price on the international market
The data is part of the new InfoLink Consulting newsletter, corresponding to the first week of September.The double-glass bifacial photovoltaic modules with TOPCon and HJT (heterojunction) technologies suffered a new price reduction on the international market in the first week of September. As a result, the values ??that remained stagnant in the last two months … Continue reading Photovoltaic modules and cells fall in price on the international market
Continue reading
Biden-Harris Administration Announces $40 Million to Support Domestic Photovoltaic (PV) Supply Chain
Funding from the Investing in America Agenda will Boost Solar Manufacturing, Increase Photovoltaic (PV) Recycling, and Help Develop New Markets for Solar Technologies. As part of the Biden-Harris Administration’s Investing in America agenda , the U.S. Department of Energy (DOE) today announced $40 million in investments across the solar energy supply chain, including the selection of … Continue reading Biden-Harris Administration Announces $40 Million to Support Domestic Photovoltaic (PV) Supply Chain
Continue reading
Q ENERGY starts 52 MWp photovoltaic plant in Extremadura
Q ENERGY begins construction of a 52 MWp photovoltaic power plant in Spain, optimizing energy efficiency and involving local players in regional economic development.Q ENERGY launches the construction of a 52 MWp solar power plant, “Cabrovales 1”, in the Extremadura region of Spain.The plant will comprise over 96,000 photovoltaic modules equipped with solar tracking systems … Continue reading Q ENERGY starts 52 MWp photovoltaic plant in Extremadura
Continue reading
Argentina begins 200 MW photovoltaic project
In order to increase its renewable energy capacity, Argentina will install a solar park with an estimated power of 200 MW that will provide clean electricity for businesses and industries and to cover the consumption demand of the surrounding population. The new solar panels that will be incorporated into the electrical grid in the province … Continue reading Argentina begins 200 MW photovoltaic project
Continue reading
Photovoltaic energy: from the sun to the panels
Renewable energies offer a wide range of benefits for society, industry and, mainly, for the environment, since they use natural resources such as wind or solar radiation as raw materials, the latter being an abundant and inexhaustible source of energy. We can affirm this by thinking about the large amounts of electromagnetic radiation that reach … Continue reading Photovoltaic energy: from the sun to the panels
Continue reading
Chinese company builds new energy storage power plant to better harness photovoltaic (PV) solar power
Inner Mongolia Energy Group has started constructing a large-scale new energy storage power station in the Ulan Buh Desert, the eighth-largest in China, to better harness new energy power for grid connection. Designed with a capacity of 605,000 kilowatts, the project is the largest single energy storage power station under construction in the country. The … Continue reading Chinese company builds new energy storage power plant to better harness photovoltaic (PV) solar power
Continue reading
Greece ranks second in the world in electricity production from photovoltaics
Greece has achieved a remarkable milestone by ranking second in the world in electricity production through photovoltaics, according to the latest annual report by climate think tank Ember. In 2023, photovoltaics generated 19% of Greece’s electricity, behind only Chile. The report highlights Greece’s strong performance in photovoltaics, ranking it fourth globally in per capita energy … Continue reading Greece ranks second in the world in electricity production from photovoltaics
Continue reading
Namibia to install 100 MW of solar photovoltaic (PV)
State-owned utility NamPower has extended the capacity of its Rosh Pinah solar project in Namibia from 70 MW to 100 MW. It will be the largest solar park in the nation once it is operational. Rosh Pinah is a mining town in the southern part of the country. “The site lies near the existing Namibian … Continue reading Namibia to install 100 MW of solar photovoltaic (PV)
Continue reading
A ‘photovoltaic sea’ in the desert of northern China
In Chaideng Village in Ordos City, Inner Mongolia Autonomous Region, 3.46 million blue solar panels are spread across the desert, covering 30 square kilometers and transforming the endless sands into a shimmering “photovoltaic sea.” The solar power base is part of an ambitious solar-powered desert reclamation project known as the “photovoltaic Great Wall,” which stretches … Continue reading A ‘photovoltaic sea’ in the desert of northern China
Continue readingIberdrola installs modules for the Camino Solar photovoltaic solar power plant (California)
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, has begun installing the first of about 105,000 solar modules at its Camino Solar project in California. With a capacity of 44 MWac (57 MWdc), Camino Solar is expected to generate the same amount of energy consumed by about 14,000 … Continue reading Iberdrola installs modules for the Camino Solar photovoltaic solar power plant (California)
Continue reading
