The photovoltaic plant installed next to an operational wind farm nearly doubles renewable production at that location and accelerates the energy transition in the central region of the country. The projectis the second hybrid operation in Portugal. At the end of the first year, the first project of its kind in the country has already … Continue reading EDP Renewables inaugurates new hybrid photovoltaic and wind energy project in Portugal
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Photovoltaic (PV) installations will reach 574 GW in 2024 worldwide
BloombergNEF highlights in a new report that developers installed 444 GW of new PV capacity worldwide in 2023. It says new installations could reach 574 GW in 2024, 627 GW in 2025 and 880 GW in 2030.The world could install up to 574 GW of new PV capacity this year, according to a new global … Continue reading Photovoltaic (PV) installations will reach 574 GW in 2024 worldwide
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Greenalia obtains financing for 3 GW of photovoltaics in the US.
Spanish renewable project developer Greenalia has secured €185.6 million in financing lines to support the development of its 3 GW wind and solar photovoltaic (PV) portfolio in the United States. The new income will be obtained in the form of three-year loans and will be used by the subsidiary of the Spanish company, Greenalia Power. … Continue reading Greenalia obtains financing for 3 GW of photovoltaics in the US.
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Ethiopia seeks to harness its enormous renewable energy potential
Ethiopia has significant renewable energy potential, including hydroelectric, wind, solar and geothermal sources, with the capacity to generate more than 60,000 MW of electrical energy.The country is investing in several renewable energy projects, including the Grand Ethiopian Renaissance Dam (GERD), wind farms and geothermal plants, to improve energy security and support economic growth.While facing criticism … Continue reading Ethiopia seeks to harness its enormous renewable energy potential
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RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts
Construction activities are underway on an additional 770 megawatts of battery storage projects in the U.S. Globally, RWE’s battery storage capacity now stands at around 700 MW. RWE continues to deliver on its Growing Green Strategy. In the U.S., the company is further expanding its green energy portfolio with the recent completion of three new … Continue reading RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts
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Photovoltaic (PV) solar energy grows 56% in one year and reaches 39 GW in Brazil
Projections indicate that installed photovoltaic capacity should reach 45 GW in 2024. Brazil surpassed the mark of 39 GW in installed photovoltaic capacity of solar energy in the sum of GC (Centralized Generation) and DG (Distributed Generation), according to data from ANEEL (National Electric Energy Agency). According to the regulatory body, in February of last … Continue reading Photovoltaic (PV) solar energy grows 56% in one year and reaches 39 GW in Brazil
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Iberdrola optimizes hydroelectric pumping in Galicia, and hybridizes a battery with pumping at the Santiago Sil – Xares plant
Iberdrola already has all the permits and previous authorizations for the improvement and optimization of the Santiago Sil – Xares pumped storage power plant. The project consists of the installation of a static starter and a 5 MWh battery that will make the coupling to the grid of the existing reversible pumping groups more flexible. … Continue reading Iberdrola optimizes hydroelectric pumping in Galicia, and hybridizes a battery with pumping at the Santiago Sil – Xares plant
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China continues to expand its dominance in solar photovoltaic
As the world struggles to wean itself off of fossil fuels and shift to cleaner energy sources that can help usher in a global net-zero carbon economy, growth in the solar industry has been a source of encouragement in this endeavour. Thanks largely to China’s seismic efforts, solar is experiencing record growth in new capacity. … Continue reading China continues to expand its dominance in solar photovoltaic
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Adani Green Energy installs 51 MW solar photovoltaic (PV) plant in Khavda, Gujarat, India
India’s Adani Green Energy has brought online 551 MW of PV capacity in Khavda, Gujarat, supplying power to the national grid. Adani Green Energy (AGEL), India’s largest renewable energy (RE) company and the world’s second largest solar PV developer, achieved this milestone 12 months after commencing work on the Khavda RE park. Adani Green Energy … Continue reading Adani Green Energy installs 51 MW solar photovoltaic (PV) plant in Khavda, Gujarat, India
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10 facts that show that photovoltaic solar energy is an opportunity for Spain
The Spanish Photovoltaic Union (UNEF), the majority sector association of solar energy in Spain that already has 820 companies, celebrates International Energy Day for another year, claiming the double opportunity that it represents for Spain to increase the electrification of our economy through renewable sources, in general, and solar energy, in particular. “One more year, … Continue reading 10 facts that show that photovoltaic solar energy is an opportunity for Spain
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The solar renaissance and the dizzying growth of the photovoltaic market in the United States
The utility-scale photovoltaic (PV) market in the United States is experiencing extraordinary growth, with key market segments, prominent players, and federal policies driving this solar revolution. Technological advances and strategic partnerships are pushing the boundaries of solar efficiency and sustainability. In the United States, the utility-scale photovoltaic (PV) market is experiencing unprecedented growth, with cumulative … Continue reading The solar renaissance and the dizzying growth of the photovoltaic market in the United States
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European wind energy production protagonist in the second week of February with a historic record in Germany
In the week of February 5, European electricity market prices remained at levels similar to those they have registered since the second half of January. The MIBEL market registered the lowest weekly averages. Wind energy was the protagonist of the week in most markets and registered an all?time high in Germany on the 6th. Gas … Continue reading European wind energy production protagonist in the second week of February with a historic record in Germany
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Photovoltaic solar energy reduces electricity costs and carbon emissions for 2,000 Mauritian homes
The Central Electricity Board (CEB), under the Ministry of Energy and Public Utilities of Mauritius, has made significant strides in scaling up the deployment of solar (photovoltaics) PV systems under the Home Solar Project (HSP) scheme. The initiative is made possible through concessional funding from Abu Dhabi Fund for Development (ADFD), which has availed USD … Continue reading Photovoltaic solar energy reduces electricity costs and carbon emissions for 2,000 Mauritian homes
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Saudi Arabia advances its solar ambitions by prequalifying 23 major companies for 3.7GW photovoltaic projects
This round covers four solar photovoltaic (PV) Independent Power Plant (IPP) projects totalling 3,700 megawatts (MW). The Saudi Power Procurement Company (SPPC) has revealed the qualification of 23 firms for Round 5 of the National Renewable Energy Programme (NREP). This round covers four solar photovoltaic (PV) Independent Power Plant (IPP) projects totalling 3,700 megawatts (MW). … Continue reading Saudi Arabia advances its solar ambitions by prequalifying 23 major companies for 3.7GW photovoltaic projects
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1.44 GW of hybrid wind power and photovoltaic projects commissioned by 2023 in India
Renewable Energy Implementation Agencies (REIAs) in India, including Solar Energy Corporation of India, NTPC Ltd., SJVN Ltd. and NHPC Ltd., have floated tenders for several hybrid projects aimed at integrating solar PV and wind energy. These tenders cover hybrid solar-wind projects, projects that guarantee supply during peak hours and Round the Clock (RTC) renewable energy … Continue reading 1.44 GW of hybrid wind power and photovoltaic projects commissioned by 2023 in India
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Top photovoltaic inverter manufacturers in 2023
China‘s photovoltaic solar power landscape witnessed a surge in 2023, with 216.88 GW of new installations, showcasing a 148.12% year-on-year increase, as per the latest data from the National Energy Administration (NEA). This surge was accompanied by extensive tenders for solar inverters, especially driven by major state-owned enterprises. Key Insights into China’s Solar Inverter Market … Continue reading Top photovoltaic inverter manufacturers in 2023
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Iberdrola exceeds 42,000 MW renewables
Iberdrola continues to make progress in its fight for decarbonisation, as the only way to have a more sustainable planet. For this reason, the company has closed 2023 with a renewable capacity that exceeds 42,000 MW -specifically, it is at 42,175 MW-, after adding some 3,250 new MW in the last 12 months, as reported … Continue reading Iberdrola exceeds 42,000 MW renewables
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Ingeteam to supply its technology for the largest battery energy storage project in the world
Ingeteam has been selected by Grenergy as its technology partner for what will be the world’s largest battery storage facility when in operation. The Oasis de Atacama project, developed by Grenergy in the Chilean Atacama Desert, will be built in five phases, which combine photovoltaic generation with battery energy storage. Ingeteam will provide its power … Continue reading Ingeteam to supply its technology for the largest battery energy storage project in the world
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RWE and PPC to accelerate Greek energy transition by building photovoltaic projects with nearly 1 gigawatt capacity
Two leading energy groups RWE and PPC continue to forge ahead with Greece’s energy transition through their joint venture company Meton Energy S.A. The company has taken the final investment decision for the construction of an additional photovoltaic project in the country. This solar farm is the last project of the 940 MWp (870 MWac) … Continue reading RWE and PPC to accelerate Greek energy transition by building photovoltaic projects with nearly 1 gigawatt capacity
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Solar photovoltaic and wind energy in the fifth week of 2024
In the week of January 29, average prices in most major European electricity markets were similar to the previous week. Solar energy production continued to increase in most markets as the days got longer, while wind energy production was generally lower than the previous week. Demand decreased in almost all markets. CO2 futures continued to … Continue reading Solar photovoltaic and wind energy in the fifth week of 2024
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