California and Texas increasingly rely on storage to balance the grid. Other states will follow. Wind power and photovoltaics require storage to ensure supply “The future is already here — it’s just not very evenly distributed.” That observation, from the great science fiction writer William Gibson, often provides a useful framework for thinking about technological … Continue reading Battery storage begins to play a key role for US grids
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Statkraft concludes Enerfin transaction
Statkraft has completed the acquisition of the renewable company Enerfin, headquartered in Spain. On 17 November 2023, Statkraft signed an agreement with the Spanish company Elecnor to acquire its renewables subsidiary Enerfin. The transaction has now been completed. The closing of the Enerfin deal significantly builds scale and strengthens Statkraft’s position in Spain and … Continue reading Statkraft concludes Enerfin transaction
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Solar photovoltaic energy set a daily production record in Germany in the third week of May
On May 14, in Germany, solar photovoltaic energy registered the highest production in the history of this market, exceeding 400 GWh. Wind energy production increased in most markets during the third week of May, which, together with lower gas and CO2 prices than the previous week, contributed to the fall in prices in most major European … Continue reading Solar photovoltaic energy set a daily production record in Germany in the third week of May
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Vestas obtains an order to repower 84 MW of wind power in Austria
Vestas has received an order for 84 MW from BE Energy GmbH, a subsidiary of Burgenland Energie AG, to repower a part of the Neusiedl-Weiden wind energy project in Austria. Vestas will deliver 14 V150-6.0 MW wind turbines and the order includes the supply, delivery and commissioning of the wind turbines. Upon completion, Vestas will … Continue reading Vestas obtains an order to repower 84 MW of wind power in Austria
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Wind power and photovoltaic generation will soon surpass nuclear and hydroelectric generation.
The International Solar Energy Society (ISES) explains how solar and wind energy dominate power plant construction.In 2023, solar PV and wind together constituted 80% of global net energy capacity additions. The growth in energy capacity is followed by the growth in annual energy generation. Over the last decade, global PV generation has increased nine-fold to … Continue reading Wind power and photovoltaic generation will soon surpass nuclear and hydroelectric generation.
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Türkiye broke a record in wind power and photovoltaic
Minister of Energy and Natural Resources Alparslan Bayraktar announced that electricity production from solar and wind energy broke a record in April. Minister Bayraktar stated that solar-based electricity production reached 2.4 billion kWh in April, breaking an all-time monthly record, and said: “This amount of production also means a record in terms of the share … Continue reading Türkiye broke a record in wind power and photovoltaic
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In Peru there are more than 10,000 MW in photovoltaic projects and more than 9,000 MW in wind energy
There is no shortage of proposals, but of energy buyers, constant supply capacity and prices.Renewable energy projects in Peru reach 20,000 megawatts, but without demand?Large energy consumers have turned their attention to renewable sources and mechanisms that guarantee that their operations impact the environment as little as possible. Is this enough to promote the projects … Continue reading In Peru there are more than 10,000 MW in photovoltaic projects and more than 9,000 MW in wind energy
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Iberdrola and Avangrid reach an agreement to acquire 100% of the American company
Iberdrola has today signed an agreement to acquire the 18.4% minority stake in its US subsidiary Avangrid, which it previously did not own. The Board of Directors of Avangrid has approved the transaction, following the recommendation of a committee made up entirely of independent directors that has been delegated the authority to oversee this operation … Continue reading Iberdrola and Avangrid reach an agreement to acquire 100% of the American company
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Offshore wind to contribute positively to South Korea’s coastal cities economy with 87 trillion won in investments and 770,000 jobs
In pursuit of South Korea’s ambitious 14.3GW offshore wind installation targets by 2030, the construction of offshore wind farms could introduce over 770,000 job opportunities to revitalise local communities and contribute 87 trillion won worth of investments into the economy. The Global Wind Energy Council’s (GWEC) new reports reveal that offshore wind development supports local … Continue reading Offshore wind to contribute positively to South Korea’s coastal cities economy with 87 trillion won in investments and 770,000 jobs
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Equinor’s Empire Wind 1 offshore wind project wins construction approval in New York
Equinor, opens a new tab received approval from the New York State Public Utilities Commission to begin construction of its Empire Wind 1 offshore wind farm, Gov. Kathy Hochul said Thursday.The wind farm is scheduled to begin producing energy in 2026.Electricity generated from offshore wind farms is important to state and U.S. goals of reducing … Continue reading Equinor’s Empire Wind 1 offshore wind project wins construction approval in New York
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Photovoltaic and wind power in the second week of May
In the second week of May, prices in the main European electricity markets remained at similar levels to those of previous weeks, although the weekly average rose in most of them. The weekly average price fell only in the French market, which registered the lowest value, thus breaking the Iberian market’s streak of the lowest … Continue reading Photovoltaic and wind power in the second week of May
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ONYX receives first wind power contract in Indonesia
Following a successful field trial, the contract will see ONYX deliver its ecoCMS and fleetMONITOR technology to 30 wind turbines across UPC Renewables’ Sidrap wind farm, providing comprehensive data and analysis to enable long-term predictive maintenance (PdM) strategies. The 75 MW Sidrap onshore wind farm is Indonesia’s first utility scale wind farm and began providing … Continue reading ONYX receives first wind power contract in Indonesia
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Repair and refurbishment of wind turbine components is a growing business
Both OEMs and other suppliers are experiencing significant growth in this wind energy sector, which continues to increase in volume as the average age of wind farms rises. Spain is precisely the country with the highest average age in the entire European Union, and therefore, it has a significant activity in these types of services. … Continue reading Repair and refurbishment of wind turbine components is a growing business
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Renewable energy passes 30% of world’s electricity supply
Renewable energy accounted for more than 30% of the world’s electricity for the first time last year following a rapid rise in wind and photovoltaic solar power, according to new figures. A report on the global power system has found that the world may be on the brink of driving down fossil fuel generation, even … Continue reading Renewable energy passes 30% of world’s electricity supply
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Sri Lanka Cabinet nod to purchase wind power at $0.08 from Adani Group
The Cabinet of Ministers has granted approval to purchase power at $0.0826 cents per KW for the electricity generated under the proposed project to develop wind power stations in Mannar and Poonerin. The rates paid in Sri Lankan rupees will be subject to foreign exchange rate changes, the government said in a statement. In 2022, … Continue reading Sri Lanka Cabinet nod to purchase wind power at $0.08 from Adani Group
Continue readingPhotovoltaic and wind energy production in the first week of May
In the week of April 29, prices in the main European electricity markets fell compared to the previous week. The exception was the Iberian MIBEL market, where prices rose, although they were the lowest again for the thirteenth consecutive week. Most markets registered negative hourly prices. Portugal and Italy broke the historical records for solar … Continue reading Photovoltaic and wind energy production in the first week of May
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BW Ideol launches its updated design of floating platform for 15 MW+ wind turbines
During the Floating Offshore Wind Turbines (FOWT) event held recently in Marseille, BW Ideol unveiled the update of its floating platform called Damping Pool. It is a barge-type platform made of concrete. This platform has been in operation since 2018 with two prototypes in France and Japan, and now it’s being updated to accommodate 15 … Continue reading BW Ideol launches its updated design of floating platform for 15 MW+ wind turbines
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ACWA Power Signs $4.85 Bln Deal for Central Asia’s Largest Wind Power Plant
ACWA Power signed a Power Purchase Agreement (PPA) with the National Electric Grid of Uzbekistan for Central Asia’s largest wind farm — the Aral 5GW Wind Independent Power Producer (IPP) project in the Karakalpakstan region. The agreement was signed on the sidelines of the Tashkent International Investment Forum held under the patronage of Uzbek President … Continue reading ACWA Power Signs $4.85 Bln Deal for Central Asia’s Largest Wind Power Plant
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Mexico must return to being a leader in wind energy
President López Obrador’s energy policy has made the development of wind energy in the country practically irrelevant.Everyone already knows that this six-year period was not the best for the world of energy; Those years in which the oil rounds were an example of the great interest of international companies in operating in our country are … Continue reading Mexico must return to being a leader in wind energy
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Renewables reached 64.6% in April in Spain: wind power (22.2%), hydraulic (19.7%) and solar photovoltaic (18.8%)
In April, renewables reached a share of 64.6% of the total monthly generation and, for the first time, three renewable technologies lead the mix: wind (22.2%), hydraulic (19.7%) and solar photovoltaic ( 18.8%), Electricity demand grows by 6.3% in the Balearic Islands and 4.7% in the Canary Islands, once the effects of work hours and … Continue reading Renewables reached 64.6% in April in Spain: wind power (22.2%), hydraulic (19.7%) and solar photovoltaic (18.8%)
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