Investment in project execution exceeds US$530 million and will add 507 megawatts of power to the National Interconnected Electric System (SEIN). The investment in the execution of these projects exceeds 530 million dollars. These plants are located in the regions of Ica, Arequipa and Moquegua; and will help Peru increase the non-conventional renewable energy component … Continue reading Peru: 4 wind energy and photovoltaic solar power plants begin operations in 2024
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Brazil reaches sixth position in the world ranking of photovoltaic solar energy (PV)
Brazil ended 2023 in sixth place in the world ranking of photovoltaic solar energy generation, shows a report from the International Renewable Energy Agency (Irena). According to the study, the country reached 37 GW of installed capacity and gained two positions compared to the 2022 list, surpassing Italy and Australia. The ranking takes into account … Continue reading Brazil reaches sixth position in the world ranking of photovoltaic solar energy (PV)
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Türkiye’s solar power photovoltaic capacity surpasses 12,000 MW milestone
The total installed capacity of solar energy in Türkiye exceeded 12,000 megawatts (MW) for the first time as of the end of February and reached 12,425 megawatts, according to the statement issued by the country’s Energy and Natural Resources Ministry on Thursday. The statement from the ministry featured a graphic of the total solar capacity … Continue reading Türkiye’s solar power photovoltaic capacity surpasses 12,000 MW milestone
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India adds 24 GW of solar photovoltaic manufacturing capacity in 2023
India has added a whopping 24 GW of solar module and cell capacity in 2023. Gujarat led the total new capacity addition followed by Rajasthan and Tamil Nadu. During the calendar year, the country added 20.8 GW of solar modules and 3.2 GW of solar cell capacity, taking the cumulative solar module manufacturing capacity to … Continue reading India adds 24 GW of solar photovoltaic manufacturing capacity in 2023
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Billion dollar increase for solar photovoltaic (PV) manufacturing in Australia
The Australian Renewable Energy Agency (ARENA) has today welcomed $1 billion in new funding to help unlock domestic solar photovoltaic (PV) manufacturing across the entire supply chain. The Australian Government announced the establishment of the Solar Sunshot program to grow solar PV manufacturing in Australia and provide a pathway for the rich history of local … Continue reading Billion dollar increase for solar photovoltaic (PV) manufacturing in Australia
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Greece installed 1.59 GW of solar photovoltaic in 2023, bringing the country’s cumulative capacity to 7.1 GW
The Greek public administration does not have an institution that publishes regular energy statistics for all technologies and supporting schemes. Therefore, different institutions often publish reports covering different market segments, creating confusion about the country’s installed electricity capacity. Dapeep, which is Greece’s renewable energy source operator, is an example of this. Dapeep said Greece installed … Continue reading Greece installed 1.59 GW of solar photovoltaic in 2023, bringing the country’s cumulative capacity to 7.1 GW
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Power capacity additions reached a new benchmark of 473 gigawatts in 2023, but many countries are cut off from the benefits of energy transitions
Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3 870 Gigawatts (GW) globally. Renewables accounted for 86% of capacity additions; however, this growth is unevenly distributed across the world, indicating … Continue reading Power capacity additions reached a new benchmark of 473 gigawatts in 2023, but many countries are cut off from the benefits of energy transitions
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EDP Renewables and Walmart sign a new long-term photovoltaic energy purchase and sale agreement in the US.
The agreement adds to a long-standing partnership that includes 431 MW of offtake from both utility-scale and distributed generation sites across North America. EDP Renewables North America LLC (EDPR NA) and Walmart Inc. have signed a 15-year power purchase agreement (PPA) for a part of a 250 MWp (or 180 MWac) solar project in Texas, in the … Continue reading EDP Renewables and Walmart sign a new long-term photovoltaic energy purchase and sale agreement in the US.
Continue readingChina-Nauru cooperation in photovoltaic solar energy
The Pacific island nation Nauru signed up for the Belt and Road Initiative on Monday. Since China and Nauru restored diplomatic ties earlier this year, bilateral win-win cooperation has rapidly expanded, yielding beneficial outcomes for local communities. Nauru, with its beautiful tropical scenery and brilliant sunshine, is endearingly dubbed as a «pearl of the Pacific.» … Continue reading China-Nauru cooperation in photovoltaic solar energy
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Solar photovoltaic and wind energy production in the third week of March
European electricity market prices resist rising gas and CO2 prices thanks to renewable energy. In the third week of March, European electricity market prices remained at similar levels to those of previous weeks. In most of them, the weekly average decreased compared to the previous week due to low prices registered at the end of … Continue reading Solar photovoltaic and wind energy production in the third week of March
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Chile already has 9,916 MW of photovoltaics (PV)
The Chilean Association of Renewable Energy and Storage (Acera) has shared its monthly report. During February 2024, the generation of electrical energy from renewable energies reached 38.2%. Photovoltaic solar leads renewable generation and was responsible for 22.9% of generation. During February 2024, the maximum hourly participation by renewable energies reached 69.5%, and occurred at 4 … Continue reading Chile already has 9,916 MW of photovoltaics (PV)
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Half of the developers offer batteries in their photovoltaic portfolio in Brazil
Greener published the results of its most recent study on the distributed photovoltaic (PV) generation market in Brazil, revealing some significant trends. Among them, the fact that 49% of respondents said they had hybrid systems in their portfolio stood out, and 12% recorded at least one sale of a kit containing a battery. According to … Continue reading Half of the developers offer batteries in their photovoltaic portfolio in Brazil
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Enerland will build a 66 MWp photovoltaic plant in Guatemala
Enerland, a Spanish company, has announced its expansion in the Guatemalan renewable energy market with the inauguration of its headquarters in the country and the start of construction of its first photovoltaic (PV) plant, Magdalena Solar, with a capacity of 66 MWp.Magdalena Solar is expected to be operational by mid-2025 and generate approximately 141 GWh … Continue reading Enerland will build a 66 MWp photovoltaic plant in Guatemala
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Unergy announces its first agrivoltaic projects in Colombia
While installing photovoltaics (PV) on agricultural land is a controversial topic in Europe, Unergy mini-farms in Latin America offer a real answer to agricultural problems caused by strong sunlight. Unergy, a Latin American CleanTech and FinTech company specialized in financing high-performance renewable energy production assets, announces the implementation of its first agrivoltaic projects in Colombia, … Continue reading Unergy announces its first agrivoltaic projects in Colombia
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France: TotalEnergies Ranks First in Latest National Tender for Rooftop Photovoltaic Solar Projects
TotalEnergies strengthens its position as the market leader in rooftop solar installations in France by ranking first in the latest call for tenders issued by the French Energy Regulatory Commission (CRE), winning more than 80 MWp or 22% of the capacity awarded. This new success strengthens TotalEnergies’ position as one of the major developers in … Continue reading France: TotalEnergies Ranks First in Latest National Tender for Rooftop Photovoltaic Solar Projects
Continue readingEndesa will build its largest photovoltaic (PV) solar power plant with battery storage in the Canary Islands at the Barranco de Tirajana plant
The eight hectares that the facility will occupy will be capable of supplying more than three thousand homes and will be on the free land within the Barranco de Tirajana Power Plant.The eligible investment amounts to 11.5 million euros, of which 5.6 million correspond to the Next Generation funds of the European Union.The solar park … Continue reading Endesa will build its largest photovoltaic (PV) solar power plant with battery storage in the Canary Islands at the Barranco de Tirajana plant
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Breakdown at Saudi concentrated solar power plant in Morocco costs firm $47 million
Saudi Arabian renewable energy utility ACWA Power International on Sunday reported a storage breakdown at one of the solar power plants it operates in Morocco that will cost the company an estimated $47 million. The 150-megawatt plant, part of the Noor Ouarzazate solar complex, will be forced to remain idle until November 2024, the company … Continue reading Breakdown at Saudi concentrated solar power plant in Morocco costs firm $47 million
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Researchers take big step toward developing next-generation photovoltaic (PV) cells
In a new paper published February 26 in the journal Nature Energy, a CU Boulder researcher and his international collaborators unveiled an innovative method to manufacture the new solar cells, known as perovskite cells, an achievement critical for the commercialization of what many consider the next generation of solar technology. Today, nearly all solar panels … Continue reading Researchers take big step toward developing next-generation photovoltaic (PV) cells
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Photovoltaic (PV) prices fall 30% in January 2024
Excess production capacity in China drove down prices at the beginning of the year. Residential and commercial photovoltaic systems began the year with a drop in prices, driven largely by excess production capacity from China, a study by consulting firm Greener shows.In January 2024, the reduction reached 30% compared to the same period in 2023. … Continue reading Photovoltaic (PV) prices fall 30% in January 2024
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China seeks win-win for economic growth, carbon reduction
Sun Tao, an environmentalist from Yangzhong in east China’s Jiangsu Province, has made a conscious decision to charge his electric car at a parking lot near his home that offers green charging services. The 180-square-meter car park, part of a local microgrid project, is equipped with photovoltaic panels and energy storage facilities. The green electricity … Continue reading China seeks win-win for economic growth, carbon reduction
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