Global energy storage capacity – excluding pumped hydropower – will increase by almost 1 TW between 2024 and 2033, representing an increase of 636%. Tax incentives and hybrid auctions will accelerate the expansion of the technology around the world. According to consulting firm Wood Mackenzie in its latest report, this makes this technology one of … Continue reading Energy storage: global capacity to increase by 1 TW by 2033
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Offshore Wind Turbines Offer Path for Clean Hydrogen Production
Using electricity generated by offshore wind turbines as one pathway to split water to produce clean hydrogen may make economic sense, particularly along the U.S. Atlantic Coast and in the Gulf of Mexico, according to researchers at the National Renewable Energy Laboratory (NREL). The economics work best in regions where the water is not as … Continue reading Offshore Wind Turbines Offer Path for Clean Hydrogen Production
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Elecnor begins construction of a 320 MW wind power plant in Mexico
The construction of this new wind farm is expected to generate more than 2,000 direct and indirect jobs. Elecnor has recently been awarded a contract in Mexico for the engineering, supply and construction of the Cimarrón wind farm of around 320 MW, located in La Rumorosa and in the municipality of Tecate, Baja California. The … Continue reading Elecnor begins construction of a 320 MW wind power plant in Mexico
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EU Member States must take urgent action on NECPs and overriding public interest
On 30 June two significant deadlines passed. First, Member States had to submit their revised National Energy and Climate Plans (NECPs) to the European Commission. Second, Governments had to implement the permitting provisions under the new Renewable Energy Directive (REDIII). On both fronts Member States are lagging behind. They must take urgent action. Otherwise the … Continue reading EU Member States must take urgent action on NECPs and overriding public interest
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Ørsted successfully pilots new technology that further optimises offshore wind monopile installation
Building on existing marine life protections, Ørsted has developed a new, lower-noise installation method that could potentially revolutionise the way offshore wind foundations are installed. The groundbreaking new technology has been successfully tested in Germany, proving that this innovative approach can dramatically reduce noise levels during foundation installations, strengthening existing protections to marine life and … Continue reading Ørsted successfully pilots new technology that further optimises offshore wind monopile installation
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Iberdrola’s wind power production marks historical highs in the semester
Iberdrola’s steadfast commitment to investing in clean energy and decarbonisation has enabled the company to set a new renewable energy production record in the first half of 2024. Renewables production exceeded 45,000 GWh globally (45,181 GWh) – an increase of 5.3% compared to the same period last year. The record production figure was driven by … Continue reading Iberdrola’s wind power production marks historical highs in the semester
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Suzlon secures order for 103.95 MW of wind power from AMPIN Energy Transition
Supply 33 wind turbines with a nominal power of 3.15 MW each. Project at the client’s premises in Fatehgarh district of Rajasthan, with a total installed capacity of 103.95 MW.Suzlon Group, India’s largest renewable energy solutions provider, today announced the award of a new order for the development of a 103.95 MW wind power project … Continue reading Suzlon secures order for 103.95 MW of wind power from AMPIN Energy Transition
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Tripling renewable energy by 2030 requires a minimum annual growth rate of 16.4%
The Renewable Energy Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that despite renewables becoming the fastest growing source of power, the world risks missing the tripling renewables target pledged at COP28. To stay the course, the world will now have to grow renewables capacity at a minimum 16.4% rate annually … Continue reading Tripling renewable energy by 2030 requires a minimum annual growth rate of 16.4%
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Renewable energy statistics 2024
The International Renewable Energy Agency (IRENA) produces comprehensive, reliable datasets on renewable energy capacity and use worldwide. Renewable energy statistics 2024 provides datasets on power-generation capacity for 2014-2023, actual power generation for 2014-2022 and renewable energy balances for over 150 countries and areas for 2021-2022. Data was obtained from a variety of sources, including an … Continue reading Renewable energy statistics 2024
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Nordex further expands its presence in the wind power in Lithuania with a new order of 42 MW
At the end of June 2024, the Nordex Group signed a contract with the E energija group for the supply and installation of six N163/6.X wind turbines for a 42 MW wind farm in Lithuania. The order also includes a Premium-Plus service contract for the maintenance of the turbines for 35 years. The wind farm … Continue reading Nordex further expands its presence in the wind power in Lithuania with a new order of 42 MW
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China building two-thirds of world’s wind energy and photovoltaic solar projects
Country on track reach 1,200GW of installed wind power and photovoltaic capacity by end of 2024 – six years ahead of Beijing’s target. Between March 2023 and March 2024, China installed more solar than it had in the previous three years combined, and more than the rest of the world combined for 2023, the GEM … Continue reading China building two-thirds of world’s wind energy and photovoltaic solar projects
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South America to see onshore wind power capacity double in the next 10 years
South America’s cumulative onshore wind capacity will double to 79 gigawatts (GW) in the next 10 years as developers install 40 GW of new capacity by 2033, according to Wood Mackenzie’s latest South America onshore wind power outlook. 2023 was a record year with 5.9 GW of onshore wind additions in South America, helped by … Continue reading South America to see onshore wind power capacity double in the next 10 years
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China builds twice as much wind power and photovoltaic capacity as the rest of the world
China consolidates its position as a world leader in renewable energy, currently building twice as much wind and photovoltaic capacity as the rest of the world, according to a study published this Thursday. The Asian giant, with 1.4 billion inhabitants and numerous factories due to its status as a manufacturing country, is the world’s largest … Continue reading China builds twice as much wind power and photovoltaic capacity as the rest of the world
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Ørsted closes acquisition of Eversource’s share of Sunrise Wind
Further to our announcement from 24 January 2024, and following the successful award of Sunrise Wind in the New York 4 solicitation for offshore wind capacity, Ørsted has now completed the acquisition of Eversource’s 50 % share of Sunrise Wind, a 924 MW offshore wind farm located off the coast of New York. The purchase … Continue reading Ørsted closes acquisition of Eversource’s share of Sunrise Wind
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Offshore Wind Momentum Grows with Sector to Invest $65 Billion and Create 56,000 U.S. Jobs by 2030
The American Clean Power Association (ACP) today released the 2024 Offshore Wind Market Report, showing the clean power industry is projected to invest $65 billion in offshore wind projects by 2030, which will support 56,000 jobs in the United States. There are currently 12 gigawatts (GW) of projects with active offtake agreements, including 4 GW … Continue reading Offshore Wind Momentum Grows with Sector to Invest $65 Billion and Create 56,000 U.S. Jobs by 2030
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Voltiq advises Blunova on sale of 50% of floating offshore wind project
Voltiq is pleased to have assisted in the sale of a 50% stake in Wind Energy Pozzallo, a 975 MW floating offshore wind project. Wind Energy Pozzallo is located near the municipality of Pozzallo on the southern coast of Sicily. Blunova, the owner and developer of the wind project, sold a 50% stake in the … Continue reading Voltiq advises Blunova on sale of 50% of floating offshore wind project
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New UK Government plans big push on wind power
The UK’s new Labour Government has great ambitions for accelerating the deployment of wind energy, both onshore and offshore. To deliver on their new goals they will need a massive overhaul of planning and the grid. The new UK Government is committed to double onshore wind and quadruple offshore wind by 2030, as a cornerstone … Continue reading New UK Government plans big push on wind power
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Avangrid (Iberdrola) Announces Agreement for Sale of Kitty Hawk North Offshore Wind Farm Lease Area to Dominion Energy
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced an agreement for the sale of the Kitty Hawk North offshore wind lease area to Dominion Energy. The agreement, which includes the Kitty Hawk North offshore wind lease area and associated assets, is for a sale of approximately $160 million, inclusive of a … Continue reading Avangrid (Iberdrola) Announces Agreement for Sale of Kitty Hawk North Offshore Wind Farm Lease Area to Dominion Energy
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Photovoltaic and wind energy in the first week of July
In the first week of July, prices in most major European electricity markets fell compared to the previous week. Almost all markets registered hours with negative prices in the latter part of the week. Rising wind energy production, as well as lower gas prices and demand in some markets, contributed to the decline in prices. … Continue reading Photovoltaic and wind energy in the first week of July
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Photovoltaic (PV) and wind power uptake to reach 5.4 TWac from 2024 to 2033
Global photovoltaic deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storage, From 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, increasing the cumulative global total to 8 TWac, … Continue reading Photovoltaic (PV) and wind power uptake to reach 5.4 TWac from 2024 to 2033
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