The utility-scale photovoltaic (PV) market in the United States is experiencing extraordinary growth, with key market segments, prominent players, and federal policies driving this solar revolution. Technological advances and strategic partnerships are pushing the boundaries of solar efficiency and sustainability. In the United States, the utility-scale photovoltaic (PV) market is experiencing unprecedented growth, with cumulative … Continue reading The solar renaissance and the dizzying growth of the photovoltaic market in the United States
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Photovoltaic solar energy reduces electricity costs and carbon emissions for 2,000 Mauritian homes
The Central Electricity Board (CEB), under the Ministry of Energy and Public Utilities of Mauritius, has made significant strides in scaling up the deployment of solar (photovoltaics) PV systems under the Home Solar Project (HSP) scheme. The initiative is made possible through concessional funding from Abu Dhabi Fund for Development (ADFD), which has availed USD … Continue reading Photovoltaic solar energy reduces electricity costs and carbon emissions for 2,000 Mauritian homes
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Iberdrola supplies photovoltaic energy to Italian supermarkets Tosano
Iberdrola continues its commitment to the decarbonisation of the planet. The company will supply clean energy on a long-term basis through a PPA (long-term renewable energy contract) to Tosano supermarkets, which currently has over 19 hypermarkets and nearly 4,000 employees. The PPA (Power Purchase Agreement) provides for the supply of energy for 10 years through … Continue reading Iberdrola supplies photovoltaic energy to Italian supermarkets Tosano
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Saudi Arabia advances its solar ambitions by prequalifying 23 major companies for 3.7GW photovoltaic projects
This round covers four solar photovoltaic (PV) Independent Power Plant (IPP) projects totalling 3,700 megawatts (MW). The Saudi Power Procurement Company (SPPC) has revealed the qualification of 23 firms for Round 5 of the National Renewable Energy Programme (NREP). This round covers four solar photovoltaic (PV) Independent Power Plant (IPP) projects totalling 3,700 megawatts (MW). … Continue reading Saudi Arabia advances its solar ambitions by prequalifying 23 major companies for 3.7GW photovoltaic projects
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1.44 GW of hybrid wind power and photovoltaic projects commissioned by 2023 in India
Renewable Energy Implementation Agencies (REIAs) in India, including Solar Energy Corporation of India, NTPC Ltd., SJVN Ltd. and NHPC Ltd., have floated tenders for several hybrid projects aimed at integrating solar PV and wind energy. These tenders cover hybrid solar-wind projects, projects that guarantee supply during peak hours and Round the Clock (RTC) renewable energy … Continue reading 1.44 GW of hybrid wind power and photovoltaic projects commissioned by 2023 in India
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Photovoltaic solar energy in Brazil becomes cheaper by 31% in one year
The average price of photovoltaic solar energy in Brazil fell 31% the previous year compared to 2022. This is indicated by the Radar Solfácil study. The value, which was R$ 4.22 per Wp in the last quarter of 2022, fell to R$ 2.91 per Wp in the last quarter of 2023. The reduction was motivated … Continue reading Photovoltaic solar energy in Brazil becomes cheaper by 31% in one year
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Top photovoltaic inverter manufacturers in 2023
China‘s photovoltaic solar power landscape witnessed a surge in 2023, with 216.88 GW of new installations, showcasing a 148.12% year-on-year increase, as per the latest data from the National Energy Administration (NEA). This surge was accompanied by extensive tenders for solar inverters, especially driven by major state-owned enterprises. Key Insights into China’s Solar Inverter Market … Continue reading Top photovoltaic inverter manufacturers in 2023
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Iberdrola exceeds 42,000 MW renewables
Iberdrola continues to make progress in its fight for decarbonisation, as the only way to have a more sustainable planet. For this reason, the company has closed 2023 with a renewable capacity that exceeds 42,000 MW -specifically, it is at 42,175 MW-, after adding some 3,250 new MW in the last 12 months, as reported … Continue reading Iberdrola exceeds 42,000 MW renewables
Continue readingStatkraft inaugurates the company’s largest wind farm outside Europe in Brazil
Statkraft inaugurates the company’s largest wind farm outside Europe, the 519 MW Ventos de Santa Eugênia Wind Complex in Bahia, Brazil. It is among the first hybrid projects in Brazil once the planned solar farm of 163 MW is added to optimise energy production. “The successful development of the Ventos de Santa Eugênia Wind Complex … Continue reading Statkraft inaugurates the company’s largest wind farm outside Europe in Brazil
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Ingeteam to supply its technology for the largest battery energy storage project in the world
Ingeteam has been selected by Grenergy as its technology partner for what will be the world’s largest battery storage facility when in operation. The Oasis de Atacama project, developed by Grenergy in the Chilean Atacama Desert, will be built in five phases, which combine photovoltaic generation with battery energy storage. Ingeteam will provide its power … Continue reading Ingeteam to supply its technology for the largest battery energy storage project in the world
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RWE and PPC to accelerate Greek energy transition by building photovoltaic projects with nearly 1 gigawatt capacity
Two leading energy groups RWE and PPC continue to forge ahead with Greece’s energy transition through their joint venture company Meton Energy S.A. The company has taken the final investment decision for the construction of an additional photovoltaic project in the country. This solar farm is the last project of the 940 MWp (870 MWac) … Continue reading RWE and PPC to accelerate Greek energy transition by building photovoltaic projects with nearly 1 gigawatt capacity
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Iberdrola at the forefront of PV self-consumption in Spain with close to 200,000 contracts connected to its grid
i-DE, the Iberdrola group’s distribution company, will exceed 197,000 self-consumption contracts connected to its grid in 2023 i-DE, the Iberdrola’s group’s distribution company, will exceed 197,000 self-consumption contracts connected to its grid in 2023, after facilitating the deployment of nearly 105,000 installations; 43,000 more than in 2022. In total, the new connections contribute 1,690 megawatts (MW) … Continue reading Iberdrola at the forefront of PV self-consumption in Spain with close to 200,000 contracts connected to its grid
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Solar photovoltaic and wind energy in the fifth week of 2024
In the week of January 29, average prices in most major European electricity markets were similar to the previous week. Solar energy production continued to increase in most markets as the days got longer, while wind energy production was generally lower than the previous week. Demand decreased in almost all markets. CO2 futures continued to … Continue reading Solar photovoltaic and wind energy in the fifth week of 2024
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Africa installed 3.7 GW of photovoltaics in 2023 and reached 16 GW
According to new figures from the African Solar Industry Association (AFSIA), the continent’s cumulative installed PV capacity reached 16 GW at the end of December, based on 3.7 GW of new annual installations.About 65% of the new installations were industrial and commercial (C&I) power plants for self-consumption, AFSIA said. “Unlike other regions of the world, … Continue reading Africa installed 3.7 GW of photovoltaics in 2023 and reached 16 GW
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European photovoltaic (PV) generation to rise 50 TWh in 2024
European photovoltaic (PV) generation in Europe will increase by about 50 TWh in 2024, more than any other generation source, after the record 60 GW DC of photovoltaic (PV) installations in 2023, Rystad Energy said on Monday. The PV expansion is led by Germany, which last year added 14 GW DC, including 6.5 GW DC … Continue reading European photovoltaic (PV) generation to rise 50 TWh in 2024
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Longi will supply Naturgy with one million modules for photovoltaic projects in Spain
The Chinese photovoltaic module manufacturer Longi and Naturgy have signed a new agreement to supply panels to five of the electricity company’s projects in Spain throughout this year. Longi will ship just over one million modules of its Hi-MO 5 series, with a total production volume of 574 MWp. These bifacial modules feature a 21.3% … Continue reading Longi will supply Naturgy with one million modules for photovoltaic projects in Spain
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Italy invests 90 million euros in the expansion of Enel’s photovoltaic (PV) panel factory in Sicily
Italy has committed to investing €90 million in Enel’s photovoltaic panel factory located in Sicily, according to an announcement by Prime Minister Giorgia Meloni on Saturday. The substantial investment, sourced from the National Recovery and Resilience Plan (NRRP), is aimed at supporting Enel’s plan to transform the Sicilian facility into Europe’s primary site for solar … Continue reading Italy invests 90 million euros in the expansion of Enel’s photovoltaic (PV) panel factory in Sicily
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The largest photovoltaic (PV) park in the Balkans will be built in Trebinje, Bosnia
The largest photovoltaic park in the Balkans is under construction in Trebinje, Bosnia Herzegovina. This was reported by the Bosnian press. The acting director of the country’s Foreign Investment Promotion Agency (Fipa), Marko Kubatlija, had a meeting with representatives of the Hungarian company Lugos Renewables in order to support the project. Based on the memorandum … Continue reading The largest photovoltaic (PV) park in the Balkans will be built in Trebinje, Bosnia
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ENGIE Chile announces new storage project at solar photovoltaic (PV) plant in Antofagasta
This is “BESS Capricornio”, an initiative that will be located at the Capricornio Solar PV Plant in Antofagasta, also owned by the company. Thanks to its storage capacity of 264 MWh, equivalent to 48 MW of installed capacity, it will avoid emitting 25,833 tons of CO2 per year.ENGIE is developing an ambitious transformation plan to … Continue reading ENGIE Chile announces new storage project at solar photovoltaic (PV) plant in Antofagasta
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Brazil exceeds 38 GW of installed solar photovoltaic (PV) energy, 69% comes from distributed generation
Brazil surpassed the mark of 38 GW installed in solar power photovoltaic (PV) energy considering the centralized generation and distributed generation segments. This means that 16.8% of the Brazilian electricity matrix comes from solar energy. The data is from ABSOLAR (Brazilian Photovoltaic Solar Energy Association), and corroborated by ANEEL (National Electric Energy Agency). According to … Continue reading Brazil exceeds 38 GW of installed solar photovoltaic (PV) energy, 69% comes from distributed generation
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