The American Clean Power Association (ACP) released the following statement today from ACP Chief Policy Officer Frank Macchiarola after the U.S. Department of the Interior’s Bureau of Land Management (BLM) published its draft Western Solar Programmatic Environmental Impact Statement (PEIS): “Solar energy had a strong year in 2023 and looks to build on that upward … Continue reading ACP Statement on BLM Roadmap for Solar Development Across Western U.S.
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A year of European power: 2023 in review
In 2023, Europe’s power market stabilized with a milder winter and successful demand reduction measures, while geopolitical events and gas supply restructuring influenced dynamics. Decreased power demand, a drop in commodity prices, and increased renewables contributed to a more resilient market, though challenges persisted with low and negative power prices during abnormal weather periods. In … Continue reading A year of European power: 2023 in review
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Iberdrola and Norges Bank Investment Management double their alliance, with more than €2 billion renewable energy investment planned in Spain and Portugal
Iberdrola and the Norwegian sovereign wealth fund, managed by Norges Bank Investment Management, are to double their clean energy investment alliance, adding 1,300 MW of additional renewable energy capacity to unlock more than €2 billion joint investment over the next three years. As of today, 674 MW of wind and solar has been added to … Continue reading Iberdrola and Norges Bank Investment Management double their alliance, with more than €2 billion renewable energy investment planned in Spain and Portugal
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Solar photovoltaic and wind energy production in the second week of January
Demand and prices in European electricity markets rise due to low temperatures. In the second week of January, most European electricity markets registered an increase in prices compared to the previous week. The increase in demand after the beginning of the year, in a week with colder temperatures than the first week of the year, … Continue reading Solar photovoltaic and wind energy production in the second week of January
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Ingeteam reinforces its commitment to environmental transparency with the calculation of the carbon footprint for its photovoltaic and battery inverters.
Ingeteam’s commitment to environmental transparency in the development of its products is reinforced by quantifying their environmental impact. Along these lines, Ingeteam and Grunver Sustainability have worked on the process of compiling life cycle data for the C Series central inverter for large photovoltaic and battery plants, and also for its hybrid inverter aimed at … Continue reading Ingeteam reinforces its commitment to environmental transparency with the calculation of the carbon footprint for its photovoltaic and battery inverters.
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China’s Qinghai has ocean of solar power, but no storage
Tibetan plateau in western province faces electricity supply-demand imbalance High on the Tibetan Plateau in western China’s Qinghai province, a sea of solar panels stretches out across 345 sq. kilometers, making it the world’s largest photovoltaic power park. With another nearly 265 sq. kilometers of new panels set to be installed, the state-owned solar park in … Continue reading China’s Qinghai has ocean of solar power, but no storage
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How did the photovoltaic sector performed in 2023?
2023 marks another record year for solar PV in the EU, with 55.9 GW installed across the 27 Member States, showing a 40% growth from 2022 and a doubling of the market in just two years. This is the third year in a row that the EU market breaks its previous record, as well as … Continue reading How did the photovoltaic sector performed in 2023?
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China promotes expansion of wind and photovoltaic capacity: IEA
China had a key role to play in the world’s rapid expansion of renewable power generation capacity last year, the International Energy Agency said.It more than doubled solar photovoltaic capacity last year, and wind power capacity rose by 66 per cent YoY. Almost half of China’s electricity generation will come from renewable sources by 2028, … Continue reading China promotes expansion of wind and photovoltaic capacity: IEA
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South Africa’s big plan to end load shedding is seriously flawed
South Africa experienced unprecedented electricity shortages in 2023 as ageing coal plants became increasingly prone to breakdowns. The country urgently needs to develop new electricity generation facilities and reduce reliance on coal power. In the first week of 2024, the South African energy minister, Gwede Mantashe, released a proposed roadmap for the future of electricity in South … Continue reading South Africa’s big plan to end load shedding is seriously flawed
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Top solar manufacturers of 2023: Module shipment rankings for Q1-Q3
Entering the third quarter, the solar industry experiences fluctuations in prices along the supply chain, influencing the bidding dynamics. Despite the challenges posed by inventory management and supply-demand imbalances, leading PV module manufacturers continue to dominate the landscape, showcasing their prowess in securing tenders and influencing market trends. Notable companies such as JinkoSolar, LONGi, and … Continue reading Top solar manufacturers of 2023: Module shipment rankings for Q1-Q3
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Nuclear energy remains far behind photovoltaics and wind in China
Once again, China’s nuclear program barely added any capacity, only 1.2 GW, while wind and solar between them added about 278 GW. Even with the capacity factor difference, the nuclear additions only mean about 7 TWh of new low carbon generation per year, while wind and solar between them will contributed about 427 TWh annually, … Continue reading Nuclear energy remains far behind photovoltaics and wind in China
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Massive expansion of renewable power opens door to achieving global tripling goal set at COP28
World added 50% more renewable capacity in 2023 than in 2022 and next 5 years will see fastest growth yet, but lack of financing for emerging and developing economies is key issue Renewables 2023 Explore report Read the report At the COP28 climate change conference in Dubai, more than 130 national governments including the European … Continue reading Massive expansion of renewable power opens door to achieving global tripling goal set at COP28
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China inaugurates 6,000 megawatt of wind power, photovoltaic and battery in one plant
the inauguration of a mega power plant that combines lithium batteries, photovoltaics and wind. Located in Shanxi province, the plant represents an investment of 55 billion yuan (about $7.7 billion) and is a milestone in the country’s transition towards more sustainable energy sources.The megaplant, run by state-owned company Jinneng, is designed to generate 6 gigawatts … Continue reading China inaugurates 6,000 megawatt of wind power, photovoltaic and battery in one plant
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80 gigawatts of photovoltaic solar power will come online over the next two years, increasing U.S. solar generating capacity by 84%
EIA expects two years of significant growth in solar electric generation in the United States. The U.S. Energy Information Administration (EIA) expects solar electric generation will account for 7% of total U.S. electricity generation in 2025, up from 4% in 2023, according to its January Short-Term Energy Outlook (STEO). Developers have reported that almost 80 … Continue reading 80 gigawatts of photovoltaic solar power will come online over the next two years, increasing U.S. solar generating capacity by 84%
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Naturgy begins its second photovoltaic in the United States
The Grimes project, with an investment of more than 285 million euros, will have a power of 210 MW that will supply renewable energy to more than 140,000 homes in the State of Texas. Naturgy continues to grow in the US with the start of construction of the Grimes project, its second large photovoltaic installation … Continue reading Naturgy begins its second photovoltaic in the United States
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Photovoltaic solar power will supply almost all growth in U.S. electricity generation through 2025
We expect solar electric generation will be the leading source of growth in the U.S. electric power sector. In our January Short-Term Energy Outlook (STEO), which contains new forecast data through December 2025, we forecast new capacity will boost the solar share of total generation to 5.6% in 2024 and 7.0% in 2025, up from … Continue reading Photovoltaic solar power will supply almost all growth in U.S. electricity generation through 2025
Continue readingEuropean electricity market prices start 2024 up, pushed by demand, while wind energy causes declines in the south
In the first week of 2024, increased demand drove prices higher in most European electricity markets. However, in Spain, Portugal and Italy, prices decreased due to a significant increase in wind energy production. On January 2, France reached a daily wind energy production record of 402 GWh. On that day, Front?Month futures of TTF gas in … Continue reading European electricity market prices start 2024 up, pushed by demand, while wind energy causes declines in the south
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EDP Renewables starts production of its first photovoltaic project in the Netherlands
Developed by Kronos Solar EDPR, this marks the initial step of EDPR’s plan to install close to 100 MWp in the country over the next few months. EDP Renewables (EDPR), a leading developer of renewable energy worldwide, has taken another step in its commitment to speed up the European energy transition by starting operation of … Continue reading EDP Renewables starts production of its first photovoltaic project in the Netherlands
Continue readingAcciona Energía completes its first wind-solar hybrid plant
Located in the municipalities of Villalba del Rey and Tinajas (Cuenca), the new 29.4MW photovoltaic facility joins an existing 36MW wind power complex. ACCIONA Energía has completed its first hybrid renewable energy plant with the construction of a 29.4MW photovoltaic plant on the site of the existing Escepar wind farm (36MW), located in the municipalities … Continue reading Acciona Energía completes its first wind-solar hybrid plant
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Statkraft is planning record investments in Norwegian hydro and wind power
tatkraft, Europe’s largest renewable energy generator, is planning to invest up to six billion euros in upgrades to its Norwegian hydro and wind power facilities and construction of new onshore wind farms. ”Today, Statkraft is presenting the largest investment program of its kind in hydro- and wind power in Norway for decades. This will be … Continue reading Statkraft is planning record investments in Norwegian hydro and wind power
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