In the last AleaSoft Energy Forecasting webinar, with the participation of Deloitte, the discussion highlighted how the reductions in battery costs and their hybridisation with renewable energies will be fundamental to increase the profitability of renewable energy projects. Analyses indicate that batteries, especially in hybrid systems, are starting to become profitable, opening the door to … Continue reading Towards the battery quinquennium: A catalyst for profitability in the renewable sector
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Global market for key clean technologies set to triple to more than $2 trillion over the coming decade as energy transitions advance
First-of-its-kind IEA analysis shows complex interplay between energy, industrial and trade policies as countries seek to secure supply chains and economic opportunities The rapid uptake of clean energy technologies offers major opportunities for countries looking to manufacture and trade them but also presents challenging decisions for governments, which face tensions and trade-offs based on the … Continue reading Global market for key clean technologies set to triple to more than $2 trillion over the coming decade as energy transitions advance
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Cubico commissions 132 MWp photovoltaic (PV) solar power plant to supply Google in Arkansas
Cubico Sustainable Investments has launched commercial operations of a 132 MW solar photovoltaic (PV) farm in Arkansas, which will supply Google with green electricity. The commissioning of the Crossett photovoltaic (PV) farm has expanded Cubico’s US operating portfolio to more than 880 MW, the company said in a LinkedIn post on Tuesday. The solar farm … Continue reading Cubico commissions 132 MWp photovoltaic (PV) solar power plant to supply Google in Arkansas
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Runergy’s Huntsville plant begins production, signaling growth in the U.S. photovoltaic market
Runergy officially launched its solar module factory in Huntsville, Alabama. Supported by its major shareholder, Yueda Group, the U.S. production base achieved production efficiency exceeding initial targets and completed its first batch of orders, receiving unanimous praise from customers. This launch not only highlights Runergy’s core position in the global photovoltaic industry but also reflects … Continue reading Runergy’s Huntsville plant begins production, signaling growth in the U.S. photovoltaic market
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Photovoltaic and wind energy in the fourth week of October
In the fourth week of October, TTF gas futures prices increased, reaching values not seen since November 2023. CO2 futures also rose. Wind energy production declined in most markets and demand increased in some markets. All these factors led to higher prices in most major European electricity markets. On October 22, photovoltaic energy registered the … Continue reading Photovoltaic and wind energy in the fourth week of October
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QatarEnergy signs agreement with TotalEnergies to partner in 1.25 GW photovoltaic project in Iraq
Pursuant to the terms of the agreement, which is subject to regulatory approvals, QatarEnergy will acquire a 50% interest in the solar photovoltaic project, while TotalEnergies will retain the remaining 50%. QatarEnergy has signed a partnership agreement with TotalEnergies to enter into a solar power project that is part of the Gas Growth Integrated Project … Continue reading QatarEnergy signs agreement with TotalEnergies to partner in 1.25 GW photovoltaic project in Iraq
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Two Reichmuth & Co Infrastructure photovoltaic plants, Trujillo and Picón, receive the UNEF Seal of Excellence in Sustainability
The Trujillo and Picón photovoltaic plants, developed, built and operated by ABEI Energy, become the forty-third project to obtain the UNEF Seal of Excellence for Sustainability, which recognises ground-based solar power plants built with the highest criteria of social and environmental integration. The Trujillo and Picón photovoltaic plants, built and operated by ABEI Energy in … Continue reading Two Reichmuth & Co Infrastructure photovoltaic plants, Trujillo and Picón, receive the UNEF Seal of Excellence in Sustainability
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The turmoil in the US residential photovoltaic market reached new heights this year
The residential solar market’s woes continued into the first half of 2024 as the Federal Reserve delayed the much-anticipated interest rate cut until September. Weak consumer demand, a high cost of capital, and cashflow constraints continue to plague many industry players. While some companies started to experience sales recovery, the impact of the last two … Continue reading The turmoil in the US residential photovoltaic market reached new heights this year
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Spain approves 11 photovoltaic and hybridisation projects for 660 MW in the fourth week of October
The Official State Gazette for the fourth week of October contains announcements corresponding to 11 projects with photovoltaics, and some hybridisation projects with wind and solar thermal.Resolution declaring the public utility for the FV Sancho photovoltaic installation of 137.28 MW, and its evacuation infrastructure, in San Roque and Castellar de la Frontera (Cádiz), promoted by … Continue reading Spain approves 11 photovoltaic and hybridisation projects for 660 MW in the fourth week of October
Continue readingThe Trujillo and Picón photovoltaic plants receive the UNEF Seal of Excellence in Sustainability
The Trujillo and Picón photovoltaic plants, located in Cáceres and Ciudad Real, respectively, have managed to stand out by receiving the Seal of Excellence in Sustainability awarded by the Spanish Photovoltaic Union (UNEF). These facilities, operated by ABEI Energy, a property of the Reichmuth & Co Infrastructure group, thus become the 43rd project to obtain … Continue reading The Trujillo and Picón photovoltaic plants receive the UNEF Seal of Excellence in Sustainability
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China Connects Massive Photovoltaic Power Plant to Grid in Xinjiang
China has once again pushed the boundaries of renewable energy with the connection of the world’s largest photovoltaic (PV) power plant to its power grid. This monumental achievement marks a significant step in the country’s commitment to sustainable energy and its goal of achieving carbon neutrality by 2060.In the arid region of Xinjiang in northwest … Continue reading China Connects Massive Photovoltaic Power Plant to Grid in Xinjiang
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Photovoltaic plant to be built in Tecate, Baja California, Mexico
The photovoltaic plant in Tecate, BC, will be built by the company Sempra Energy.Sempra Energy, through its holding company Energía Sierra Juárez – which manages the energy generating companies in La Rumorosa – will build a new photovoltaic plant in the municipality of Tecate that will have a battery storage system with a connection to … Continue reading Photovoltaic plant to be built in Tecate, Baja California, Mexico
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Senegal boosts photovoltaic energy
The town of Kahone, located in the Kaolack region, hosts the largest photovoltaic plant in Senegal, a project that can generate electricity for around 300,000 people at a low price and reduces CO2 emissions, as part of the authorities’ efforts to diversify the energy mix and reduce dependence on fossil fuels. The facilities began operating … Continue reading Senegal boosts photovoltaic energy
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ACP Statement on Treasury Issuing Final Rules for 45X Advanced Manufacturing Tax Credits
The American Clean Power Association (ACP) released the following statement from ACP Chief Advocacy Officer JC Sandberg after the U.S. Department of Treasury issued a final rule for the Advanced Manufacturing Production Tax Credit (45X MPTC), which applies to clean energy components made in the United States: “ACP commends the Treasury Department and IRS for finalizing … Continue reading ACP Statement on Treasury Issuing Final Rules for 45X Advanced Manufacturing Tax Credits
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NREL-Backed Research Effort Twists Halide Perovskites From a Distance
Research led by scientists at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and the Center for Hybrid Organic Inorganic Semiconductors for Energy (CHOISE), an Energy Frontier Research Center (EFRC), discovered a new process to induce chirality in halide perovskite semiconductors, which could open the door to cutting-edge electronic applications. The development is … Continue reading NREL-Backed Research Effort Twists Halide Perovskites From a Distance
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Germany unveils its largest floating photovoltaic system
Germany’s largest floating photovoltaic power system was officially launched on the 21st in Bad Schönborn, Baden-Württemberg, aiming to harness solar energy potential and drive the country’s energy transition. According to the German News Agency, the floating photovoltaic system is located on an artificial lake created by a sand and gravel pit, comprising over 27,000 solar … Continue reading Germany unveils its largest floating photovoltaic system
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Top photovoltaic (PV) manufacturers in 2023 – by Century PV Conference, Shanghai
Although it is not current news, we all enjoy rankings. On June 11 and 12, the “9th Century PV Conference” (CPC) took place in Shanghai. During the conference, the rankings of the main manufacturers of modules, silicon wafers, inverters, and trackers were revealed. PVTime shared the rankings in their news. But before sharing the rankings, … Continue reading Top photovoltaic (PV) manufacturers in 2023 – by Century PV Conference, Shanghai
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Global LCOE (levelized cost of electricity) competitiveness of wind power and photovoltaic (PV) is increasing
The cost competitiveness of these technologies varies significantly across regions, but overall, renewables are on track to overtake traditional fossil fuel sources. Wood Mackenzie has released five regional Levelised Cost of Electricity (LCOE) reports for 2024, which provide an in-depth analysis of the evolving electricity cost landscape across global markets. These reports, covering Asia Pacific … Continue reading Global LCOE (levelized cost of electricity) competitiveness of wind power and photovoltaic (PV) is increasing
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The Tarragona Water Consortium inaugurates, with Endesa, the largest photovoltaic plant in service in the water treatment and transport sector in Spain
The CAT solar park for self-consumption at the l’Ampolla water treatment plant (Delta del Ebro) is launched, with 6,667 panels and an area equivalent to three and a half football fields.The new CAT solar installation covers nearly a third of the energy consumed by the l’Ampolla water treatment plant for water purification and distribution.The project, … Continue reading The Tarragona Water Consortium inaugurates, with Endesa, the largest photovoltaic plant in service in the water treatment and transport sector in Spain
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US 2023 photovoltaic, wind power, geothermal output up 200% from 2014
15 states had at least 30% power from renewables in 2023. Southeastern US sees surge in photovoltaic generation. The US generated about three times as much electricity from solar, wind and geothermal resources in 2023 than it did in 2014, a decade-long stretch that also saw the percentage of national retail power sales from these … Continue reading US 2023 photovoltaic, wind power, geothermal output up 200% from 2014
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