The agreement adds to a long-standing partnership that includes 431 MW of offtake from both utility-scale and distributed generation sites across North America. EDP Renewables North America LLC (EDPR NA) and Walmart Inc. have signed a 15-year power purchase agreement (PPA) for a part of a 250 MWp (or 180 MWac) solar project in Texas, in the … Continue reading EDP Renewables and Walmart sign a new long-term photovoltaic energy purchase and sale agreement in the US.
Continue readingCategory Archives: Other renewables
How PPAs Shape the Future of Renewable Energy
As the world is on its path toward a sustainable future, the United States stands at the forefront of the net zero transition. One of the key drivers behind the green energy transformation is the widespread adoption of Power Purchase Agreements (PPAs). Patrick Pfeiffer, Head of Statkraft US, discusses the role of PPAs in shaping … Continue reading How PPAs Shape the Future of Renewable Energy
Continue reading
China-Nauru cooperation in photovoltaic solar energy
The Pacific island nation Nauru signed up for the Belt and Road Initiative on Monday. Since China and Nauru restored diplomatic ties earlier this year, bilateral win-win cooperation has rapidly expanded, yielding beneficial outcomes for local communities. Nauru, with its beautiful tropical scenery and brilliant sunshine, is endearingly dubbed as a «pearl of the Pacific.» … Continue reading China-Nauru cooperation in photovoltaic solar energy
Continue reading
Chile already has 9,916 MW of photovoltaics (PV)
The Chilean Association of Renewable Energy and Storage (Acera) has shared its monthly report. During February 2024, the generation of electrical energy from renewable energies reached 38.2%. Photovoltaic solar leads renewable generation and was responsible for 22.9% of generation. During February 2024, the maximum hourly participation by renewable energies reached 69.5%, and occurred at 4 … Continue reading Chile already has 9,916 MW of photovoltaics (PV)
Continue reading
Half of the developers offer batteries in their photovoltaic portfolio in Brazil
Greener published the results of its most recent study on the distributed photovoltaic (PV) generation market in Brazil, revealing some significant trends. Among them, the fact that 49% of respondents said they had hybrid systems in their portfolio stood out, and 12% recorded at least one sale of a kit containing a battery. According to … Continue reading Half of the developers offer batteries in their photovoltaic portfolio in Brazil
Continue reading
Unergy announces its first agrivoltaic projects in Colombia
While installing photovoltaics (PV) on agricultural land is a controversial topic in Europe, Unergy mini-farms in Latin America offer a real answer to agricultural problems caused by strong sunlight. Unergy, a Latin American CleanTech and FinTech company specialized in financing high-performance renewable energy production assets, announces the implementation of its first agrivoltaic projects in Colombia, … Continue reading Unergy announces its first agrivoltaic projects in Colombia
Continue readingEndesa will build its largest photovoltaic (PV) solar power plant with battery storage in the Canary Islands at the Barranco de Tirajana plant
The eight hectares that the facility will occupy will be capable of supplying more than three thousand homes and will be on the free land within the Barranco de Tirajana Power Plant.The eligible investment amounts to 11.5 million euros, of which 5.6 million correspond to the Next Generation funds of the European Union.The solar park … Continue reading Endesa will build its largest photovoltaic (PV) solar power plant with battery storage in the Canary Islands at the Barranco de Tirajana plant
Continue reading
Breakdown at Saudi concentrated solar power plant in Morocco costs firm $47 million
Saudi Arabian renewable energy utility ACWA Power International on Sunday reported a storage breakdown at one of the solar power plants it operates in Morocco that will cost the company an estimated $47 million. The 150-megawatt plant, part of the Noor Ouarzazate solar complex, will be forced to remain idle until November 2024, the company … Continue reading Breakdown at Saudi concentrated solar power plant in Morocco costs firm $47 million
Continue reading
Power China has begun construction of the world’s only 200 MW Tower Concentrated Solar Power
In something of an experiment, Power China Northwest is building their new Tower Concentrated Solar Power (CSP) in western Haixi at 200 MW – twice the normal 100 MW. Perhaps updated optical efficiency at long distance has become possible due to advances in technology? Here; Power China’s first project; Gonghe 50 MW tower CSP in … Continue reading Power China has begun construction of the world’s only 200 MW Tower Concentrated Solar Power
Continue reading
China seeks win-win for economic growth, carbon reduction
Sun Tao, an environmentalist from Yangzhong in east China’s Jiangsu Province, has made a conscious decision to charge his electric car at a parking lot near his home that offers green charging services. The 180-square-meter car park, part of a local microgrid project, is equipped with photovoltaic panels and energy storage facilities. The green electricity … Continue reading China seeks win-win for economic growth, carbon reduction
Continue reading
Iberdrola will invest €41 billion and hire 10,000 people by 2026 to accelerate electrification
“The electrification of energy is unstoppable and will expand exponentially in the years ahead, supporting decarbonisation, boosting energy security, and reducing the volatility caused by fossil fuels. Our strategic pillars focus on networks, geographical diversification, and a balanced energy and customers mix. This plan will allow us to grow our asset base, grow our profitability … Continue reading Iberdrola will invest €41 billion and hire 10,000 people by 2026 to accelerate electrification
Continue reading
Sicily produces photovoltaic energy and good wine together
In Salaparuta, the Cantine Vaccaro vineyard lives in perfect harmony with photovoltaic panels. The installation is part of the “Agrivoltaico Open Labs” initiative, a series of open-air innovation laboratories where we test the integration of solar energy production, agriculture and biodiversity protection. What does good wine have to do with renewable electricity? The answer is … Continue reading Sicily produces photovoltaic energy and good wine together
Continue reading
US Energy Storage Market Breaks Installation Record in Q4 2023
The US energy storage market shattered previous records for deployment across all segments in the final quarter of 2023, with 4,236 megawatts (MW) installed over the period, a 100% increase from Q3 according to a new report released today. For the first time, the grid-scale segment exceeded 3 gigawatts (GW) deployed in one quarter and … Continue reading US Energy Storage Market Breaks Installation Record in Q4 2023
Continue reading
Photovoltaic (PV), a new turning point for Algeria
Algeria’s National Electricity and Gas company (Sonelgaz), through its subsidiary Sonelgaz-EnR, has just signed concession agreements with several local and transnational companies for the financing, construction and operation of 3,000 MW of photovoltaic solar energy. A decisive turning point for this North African country dependent on fossil fuels. Is Algeria ready to embark on its … Continue reading Photovoltaic (PV), a new turning point for Algeria
Continue readingIn 2023, 5,594 MW of photovoltaic installed in Spain
Solar energy (photovoltaic and solar thermal) is now the second source with the highest capacity (27,853 MW), only behind wind (30,810 MW), according to a report by opina360.This Tuesday the first report of the Renewable Energy Observatory for the digital economy prepared by Opina 360 for Foro Sella was released, which analyzes the evolution of … Continue reading In 2023, 5,594 MW of photovoltaic installed in Spain
Continue reading
Photovoltaic energy in March has already reached the levels of August last year in the Iberian Peninsula
In the second week of March, prices in European electricity markets showed few variations compared to the previous week, except in the MIBEL market, where they doubled. Even so, the Iberian Peninsula registered the lowest prices. Photovoltaic energy production in Spain and Portugal reached the levels of the end of August and set another record … Continue reading Photovoltaic energy in March has already reached the levels of August last year in the Iberian Peninsula
Continue reading
Statkraft supplies solar photovoltaic and wind power to e-mobility expert Vitesco Technologies
Statkraft, Europe’s largest producer of renewable energy, has concluded a Power Purchase Agreement (PPA) with Vitesco Technologies, a leading international developer and manufacturer of modern drive technologies for sustainable mobility, for the supply of a total of around 83,000 MWh of renewable electricity from solar and onshore wind power plants. Since January 2024, Statkraft has … Continue reading Statkraft supplies solar photovoltaic and wind power to e-mobility expert Vitesco Technologies
Continue reading
76% of Africa’s energy could come from photovoltaics and wind energy by 2040
Over half of Africa’s people – about 600 million – lack access to even the bare minimum of electricity. The tough question to answer is how access can be extended without adding to global warming by relying on fossil fuels. We – a team from Rwanda and Germany who work in the field of renewable … Continue reading 76% of Africa’s energy could come from photovoltaics and wind energy by 2040
Continue readingEDP surpasses 500 MWp of installed photovoltaic capacity in Portugal with its largest solar plant in Europe
The Cerca photovoltaic plant begins operation, delivering the renewable capacity assigned to EDP Renewables in Portugal’s first solar energy auction. The project has a 202 MWp capacity, sufficient to power nearly 100,000 households. EDP now owns 540 MWp of solar capacity in Portugal, a technology crucial for the country’s energy transition. This milestone was achieved … Continue reading EDP surpasses 500 MWp of installed photovoltaic capacity in Portugal with its largest solar plant in Europe
Continue reading
Spain wastes 2.1 billion in photovoltaic and wind energy due to lack of demand and networks
Last year, Spain added a renewable generation capacity of 8,400 megawatts to its electricity grid, made up of 5,899 megawatts of wind and photovoltaic energy, and around 2,500 photovoltaic megawatts for self-consumption. This dynamism in the renewable sector has not been accompanied by similar growth in grid infrastructure, resulting in areas where local grids lack … Continue reading Spain wastes 2.1 billion in photovoltaic and wind energy due to lack of demand and networks
Continue reading
