Tag Archives: PV

Zimbabwe power shortage attracts solar power investment

Faced with a punishing load shedding schedule, sometimes lasting 15 hours, the Zimbabwean renewable energy market has opened limited prospects. The prolonged phase, ignited by a recent drought, adversely limiting its Kariba hydro power generation is chocking vital economic operations. The latest Energy Progress Report found out that about 840 million people (about 11 percent … Continue reading Zimbabwe power shortage attracts solar power investment

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EDF Renewables announces its first solar power plant in Mexico

EDF Renewables announces the commissioning of Bluemex, its very first solar power plant in Mexico. This 119.6 MWp photovoltaic facility is located in the northern Mexican state of Sonora. Occupying over 340 hectares, the Bluemex solar photovoltaic power plant is comprised of photovoltaic (PV) modules supplied by Canadian Solar Inc. The solar project was awarded in … Continue reading EDF Renewables announces its first solar power plant in Mexico

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Wind power generated 21.4% in Spain in the first half of the year

Renewable energies generated 38.4% of electricity until June in Spain: wind energy 21.4%, solar thermal 2.2% and photovoltaic 3.5%. In June, wind power accounted for 15.6%, concentrated solar power for 3.9% and photovoltaic for 4.3%. Wind turbines generated 27,229 GWh of electricity in the first half of the year (21.4% of the national total) and … Continue reading Wind power generated 21.4% in Spain in the first half of the year

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Enel Green Power will fuel Oreo-maker Mondel?z International with green energy in the United States

Enel, through its US-based renewable company Enel Green Power North America (“EGPNA”), signed a 12-year power purchase agreement (PPA) with food and beverage company Mondel?z International (“Mondel?z”) under which the latter will purchase the energy delivered to the electricity grid from a 65 MW portion of EGPNA’s Roadrunner solar photovoltaic (PV) project in Texas. Mondel?z … Continue reading Enel Green Power will fuel Oreo-maker Mondel?z International with green energy in the United States

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Photovoltaic capacity increased to 505 GW

The annual global market for solar photovoltaics (PV) increased only slightly in 2018, but enough to surpass the 100 GW level (including on- and off-grid capacity) for the first time. Cumulative capacity increased approximately 25% to at least 505 GW; this compares to a global total of around 15 GW only a decade earlier. igher … Continue reading Photovoltaic capacity increased to 505 GW

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Renewable Electricity Generation Costs

In many parts of the world, renewables represent the least cost source of new power generation technology. The global weighted average levelised cost of electricity (LCOE) from all commercially available renewable power generation technologies declined in 2018, including concentrated solar thermal power (CSP) (down 26% from 2017), bioelectricity (down 14%), solar PV and onshore wind … Continue reading Renewable Electricity Generation Costs

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EDPR secures a PPA for its first large scale renewable project with storage

EDP Renováveis (EDP Renewables, Euronext: EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, , through its fully owned subsidiary EDP Renewables North America LLC, has secured a 20-year Power Purchase Agreement (“PPA”), with East Bay Community Energy (“EBCE”), to sell 100 MW of solar energy … Continue reading EDPR secures a PPA for its first large scale renewable project with storage

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Renewable energy investment in 2018 hit USD 288.9 billion, far exceeding fossil fuel investment

Global investment in renewable energy hit USD 288.9 billion in 2018, with the amount spent on new capacity far exceeding the financial backing for new fossil fuel power, according to new figures published today. These numbers, produced by BloombergNEF (BNEF), are being published today as part of REN21’s Renewables 2019 Global Status Report. The numbers … Continue reading Renewable energy investment in 2018 hit USD 288.9 billion, far exceeding fossil fuel investment

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Renewables now supply more than a quarter (26%) of global electricity

Renewable energy ( wind energy, PV, concentrated solar power) is increasingly powering the world, but erratic policy making is holding the sector back from its potential contribution to cutting carbon pollution and meeting climate and development targets, according to REN21’s Renewables 2019 Global Status Report (GSR), released today.  The report confirms that for the fourth … Continue reading Renewables now supply more than a quarter (26%) of global electricity

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UNDP and IRENA Join Forces to Advance Low-Carbon Energy Transition

The United Nations Development Programme (UNDP) and the International Renewable Energy Agency (IRENA) announced a global partnership today to accelerate low-carbon energy transition and offer concrete steps to achieve sustainable development.  Under the cooperation, the organizations will explore joint initiatives aimed at accelerating the implementation of the Agenda 2030, and stimulating renewable energy investments in … Continue reading UNDP and IRENA Join Forces to Advance Low-Carbon Energy Transition

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IRENA to Present Innovation Pathway to Renewable Energy Growth at G20

The G20 group of countries, whose members represent nearly 80 per cent of global energy consumption and hold 75 per cent of global renewables deployment potential by 2030, are well positioned to lead the global energy transformation. The group has shown a growing commitment to collaborate on climate and energy issues, and to address challenges … Continue reading IRENA to Present Innovation Pathway to Renewable Energy Growth at G20

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IRENA says falling renewable energy costs will drive global climate action

Lower cost of production and cheaper rates of power will strengthen the business case and solidify the role of renewables as the engine of the global energy transformation, the International Renewable Energy Agency (Irena) said in its latest report. The study released on Wednesday, ahead of Abu Dhabi’s global preparatory meeting for the United Nations … Continue reading IRENA says falling renewable energy costs will drive global climate action

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Falling Renewable Power Costs Open Door to Greater Climate Ambition

Renewable power is the cheapest source of electricity in many parts of the world already today, the latest report from the International Renewable Energy Agency (IRENA) shows. The report contributes to the international discussion on raising climate action worldwide, ahead of Abu Dhabi’s global preparatory meeting for the United Nations Climate Action Summit in September. With … Continue reading Falling Renewable Power Costs Open Door to Greater Climate Ambition

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Masdar, EDF to build 800 MW hybrid concentrated solar power plant in Morocco

The Moroccan Agency for Sustainable Energy (Masen) said the project, which will have a total installed capacity of 800 MW, is the world’s first advanced hybridisation of concentrated solar power (CSP) and photovoltaic (PV) technologies.   Abu Dhabi Future Energy Company (Masdar) said its consortium comprising EDF Renewables, a world leader in renewable energy electricity … Continue reading Masdar, EDF to build 800 MW hybrid concentrated solar power plant in Morocco

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Could Hydro Storage Prime the Pump for Renewables?

A project team from GE Research and GE Energy Consulting, supported by GE Renewable Energy’s hydro teams, has been awarded $1.25 MM in funding from the US Department of Energy (DOE) Water Power Technologies Office to evaluate the long-term benefits and economics of pumped storage hydropower (PSH) to provide flexibility, system stability and reliability services … Continue reading Could Hydro Storage Prime the Pump for Renewables?

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EDF and Masdar to build 800 MW concentrated solar power – PV hybrid in Morocco

Combination of PV and concentrated solar power with storage will boost 800 MW plant’s flexibility, says winning consortium. The Moroccan Agency for Solar Energy (MASEN) has announced – after a competitive international bidding process – that the consortium of EDF (through its subsidiary EDF Renewables), Abu Dhabi Future Energy Company- Masdar, and Green of Africa, … Continue reading EDF and Masdar to build 800 MW concentrated solar power – PV hybrid in Morocco

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Acciona, a pioneer in the hybridization of solar panels with wind power towers

The company has installed flexible organic photovoltaic modules in a wind turbine tower in the Breña Wind Farm (Albacete) to cover the consumption of the wind turbines auxiliary systems. The project will allow the testing of organic PV panels and their application to optimize the efficiency of wind energy. The Energy Division of ACCIONA has … Continue reading Acciona, a pioneer in the hybridization of solar panels with wind power towers

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Andalusia aims to 25,650 MW of renewable energy between wind energy, concentrated solar power and photovoltaic

The analyzed potential to install renewable energy projects is distributed, by technologies, as follows: 81% corresponds to photovoltaic projects, 8.2% to wind power, 6.3% to solar thermal, 3.5% to investments in offshore wind energy and 0.6% in biomass. The Junta de Andalucía, through the Agency of Finance, Industry and Energy, has proposed to Red Eléctrica … Continue reading Andalusia aims to 25,650 MW of renewable energy between wind energy, concentrated solar power and photovoltaic

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Global energy transformation: A roadmap to 2050

Increased use of renewable energy, combined with intensified electrification, could prove decisive for the world to meet key climate goals by 2050. This study from the International Renewable Energy Agency (IRENA) highlights immediately deployable, cost-effective options for countries to fulfil climate commitments and limit the rise of global temperatures. The envisaged energy transformation would also … Continue reading Global energy transformation: A roadmap to 2050

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Wind energy generated 24,8% of electricity in Spain in april

Renewable energies accounted for 41.9% of electricity demand in Spain in April 2019: wind power 24.8%, concentrated solar power or solar thermal 2% and photovoltaic 3.4%.   Generation structure of April 2019 Wind power generation was the leading technology for monthly electricity production in the Peninsula and represented 24.8% of the total. 41.9% of the … Continue reading Wind energy generated 24,8% of electricity in Spain in april

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