Speaking at the RE+ conference in Las Vegas, Chris Seiple, vice chairman, power and renewables for Wood Mackenzie said that with the Inflation Reduction Act (IRA) driving the economic competitiveness of renewables, annual capacity additions will nearly triple in 10 years to 110 gigawatts (GW). “The IRA has made renewables very competitive with other technologies … Continue reading US renewables annual capacity additions to nearly triple in 10 years
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EU solar and wind power growth displaced gas consumption worth half of Russian imports in August 2023
The EU’s progress in reaching low coal and gas consumption in power generation in 2023 as well as highs for solar and wind electricity generation has been remarkable. The expansion of renewable energy production has not only diversified the power generation mix but also reduced dependency on imported fossil fuels. A new briefing from the … Continue reading EU solar and wind power growth displaced gas consumption worth half of Russian imports in August 2023
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G20 Leaders Endorse IRENA Recommendations for Global Renewable Energy Adoption
G20 leaders agreed to accelerate efforts to triple global renewable energy capacity by 2030, aligning with recommendations from the International Renewable Energy Agency (IRENA) on how the world can move in line with the Paris Agreement targets. In a declaration adopted on Saturday, the Group cites a joint report between IRENA and India’s G20 Presidency, … Continue reading G20 Leaders Endorse IRENA Recommendations for Global Renewable Energy Adoption
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Solar and wind energy are becoming cheaper
Renewable energy deployment surge puts global power system on track for the IEA’s ambitious net-zero pathway Two new pieces of research show that solar and wind are growing faster than expected: Rapid growth in solar, wind and battery deployment means that by 2030 the global electricity system can deliver ambitious net-zero pathways, according to new … Continue reading Solar and wind energy are becoming cheaper
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RWE welcomes success for onshore wind power and solar projects in latest UK CFD auction
RWE, the UK’s leading power producer, has been awarded Contracts for Difference for nine of its new renewable energy projects in the latest Auction Round 5. The CfD awards have been made to RWE by the Low Carbon Contracts Company, on behalf of the UK Government, following successful bids for three onshore, four solar and … Continue reading RWE welcomes success for onshore wind power and solar projects in latest UK CFD auction
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Concentrated Solar Power, photovoltaic and wind energy in August
In August 2023, prices in most European electricity markets increased, ranging between €90/MWh and €112/MWh. Higher gas prices, as well as lower solar energy production, contributed to these increases. On the other hand, Spain, Italy, France and Portugal registered all time records of photovoltaic and wind energy production for a month of August. Solar photovoltaic … Continue reading Concentrated Solar Power, photovoltaic and wind energy in August
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RayGen aim to making dispatchable solar a reality
An all-Australian hybrid solar energy and storage project promising cheap and dispatchable electricity is officially open for commercial-scale trials. Combining incredibly efficient photovoltaic (PV) and low-cost thermal energy technologies, the new power plant will test Melbourne-based company RayGen’s unique approach to solar electricity generation and long-duration storage. It’s the latest step, supported by ARENA, that … Continue reading RayGen aim to making dispatchable solar a reality
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Solar power and agriculture going hand in hand:RWE to build demonstration plant for agrivoltaics
Solar power and agriculture in one field – RWE and Forschungszentrum Jülich want to demonstrate how this can work in a demonstration plant in the Rhenish mining district. Earlier today RWE officially launched the project in the presence of Frank Rock, Rhine-Erft County Commissioner, Sascha Solbach, Mayor of the City of Bedburg, and Prof Ulrich … Continue reading Solar power and agriculture going hand in hand:RWE to build demonstration plant for agrivoltaics
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China leads global shift to renewable energy with technological innovations in wind and solar power
China is leading global efforts in shifting to cleaner energy sources, thanks to numerous technological breakthroughs and robust development in its wind and photovoltaic power industries supported by strengthened innovation and resilient industrial chains. China’s self-developed 16-megawatt offshore wind turbine off the coast of southeast China’s Fujian Province. In the wind power sector, key technological … Continue reading China leads global shift to renewable energy with technological innovations in wind and solar power
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Scaling up next generation solar and storage technologies in Victoria
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced $10 million in funding to RayGen Resources Pty Ltd (RayGen) to progress its hi-tech solar and thermal storage technology along the commercialisation pathway towards a full utility scale deployment. The funding will help RayGen improve the design of its technology, achieve … Continue reading Scaling up next generation solar and storage technologies in Victoria
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In Rural Malaysia, Local Communities Are Empowered to Develop and Maintain Renewable Power
Unjam Anak Makam and Maja Anak Mabang never imagined that they would play a role in bringing light to their villages in Sarawak, Malaysia. As graduates of a government certification training scheme after finishing their secondary schools, Unjam and Maja are some of the local youth who joined Ecogreen, one of the several companies assigned … Continue reading In Rural Malaysia, Local Communities Are Empowered to Develop and Maintain Renewable Power
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For the first time, Brazil generates 27% of its electricity with wind power and solar energy
In Brazil, during the month of July, around 27% of total electricity generation came from wind and solar energy. The amount of 14 TWh was the highest recorded so far. The data is from Ember’s Energy & Climate Think Tank, a UK-based company dedicated to combating climate change.In this context, the country enters the list … Continue reading For the first time, Brazil generates 27% of its electricity with wind power and solar energy
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EDP Renewables implements in Poland pioneering hybrid project
A new 45MW photovoltaic farm will be officially opened in Konary, on the territory of two municipalities located in the Greater Poland province of Go?a?cz and Margonin, in August; The Konary project is an innovative example in Poland and even in Central and Eastern Europe of the use of hybridization, that is the sharing of … Continue reading EDP Renewables implements in Poland pioneering hybrid project
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China’s installed wind energy and solar capacity up in January-July
China saw a steady increase in newly installed clean energy capacity in the first seven months of 2023. The new installed capacity of solar power expanded 42.9 percent year-on-year to 490 million kilowatts, while that of wind power stood at about 390 million kilowatts, representing an annual increase of 14.3 percent. percent, data from the … Continue reading China’s installed wind energy and solar capacity up in January-July
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Commerce Decision on Solar Tariffs Throws Cold Water on U.S. Clean Energy Goals
The American Clean Power Association (ACP) issued the following statement by ACP CEO Jason Grumet, after a final decision was announced today by the U.S. Department of Commerce to implement tariffs for U.S. businesses that import solar panels and cells assembled by trading partners in Southeast Asia. “The clean power industry is disappointed in this … Continue reading Commerce Decision on Solar Tariffs Throws Cold Water on U.S. Clean Energy Goals
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Harnessing the potential of solar and wind energy in Libya
Libya, a country endowed with vast oil reserves, has been grappling with political instability and conflict for the past decade. This has not only impacted its oil production but also hampered the development of its energy infrastructure. However, amid the turmoil, there lies an untapped potential for renewable energy, particularly solar and wind power, which … Continue reading Harnessing the potential of solar and wind energy in Libya
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EDF Renewables North America Places Multi-Year Order for Up to 7 GW of Canadian Solar’s Made-in-USA Modules
Canadian Solar Inc. (NASDAQ: CSIQ) and EDF Renewables North America today announced the signing of a multi-year module supply agreement to deliver up to 7-gigawatts (GW) of high efficiency N-type TOPCon solar modules to be produced at Canadian Solar’s new factory in Mesquite, Texas. Under the agreement, Canadian Solar will be supplying its latest high … Continue reading EDF Renewables North America Places Multi-Year Order for Up to 7 GW of Canadian Solar’s Made-in-USA Modules
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Cumulative US community solar power capacity expected to break 6 GW in 2023
US community solar installations declined by 6% year-over-year in 2022 and 13% in Q1 of 2023. This was primarily driven by the supply chain uncertainty of the past year as well as interconnection and siting issues hindering growth in key state markets such as Massachusetts and Maine, according to the latest report released by Wood … Continue reading Cumulative US community solar power capacity expected to break 6 GW in 2023
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New Zealand Government Fast-Tracks Solar and Wind Projects to Achieve Renewable Energy Goals
The New Zealand Government has successfully expedited the approval process for nine solar panel projects and three wind farm projects as part of its effort to transition to clean renewable energy. Under the Covid-19 Recovery (Fast-track Consenting) Act, the government has referred 1.9 million solar panels for consent since 2020, potentially generating more than twice … Continue reading New Zealand Government Fast-Tracks Solar and Wind Projects to Achieve Renewable Energy Goals
Continue readingSolar power construction breaking records around the world
Projections in Wood Mackenzie’s latest Global Solar PV Market Outlook show that the industry’s buildout is continuing to accelerate in all regions. We expect to see PV installations to hit a new record in 2023 at nearly 270 gigawatts DC. We expect the pace to continue to accelerate, reaching 330 GW DC a year by … Continue reading Solar power construction breaking records around the world
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