A future world in which nine billion people live well, within planetary boundaries, requires a set of systemic changes in production, distribution, and consumption. Only then can the current system move from fossil fuels into an electricity model based on renewable energies. “Such a systemic change does not happen without serious investments and long-term partnerships,” … Continue reading Iberdrola And Vestas Join Forces In The Energy Transition
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Indonesia’s Minister Of Energy Urges Swift Adoption Of Renewables; Emphasizes Solar And Wind Energy As Key Solutions
In response to the alarming impact of climate change and the recent Intergovernmental Panel on Climate Change (IPCC) report highlighting the rise in global surface temperatures, Indonesia is leading the charge towards clean energy adoption. The 2023 Indonesia Solar Summit, held in Jakarta, saw Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif advocate for … Continue reading Indonesia’s Minister Of Energy Urges Swift Adoption Of Renewables; Emphasizes Solar And Wind Energy As Key Solutions
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China’s installed capacity of renewable energy hits 1.32 bln kW
China’s installed capacity of renewable energy hit 1.32 billion kilowatts by the end of June, exceeding the coal-fired power generating capacity, according to the National Energy Administration (NEA) Monday. The record-breaking capacity accounted for 48.8 percent of the country’s total installed capacity of power generation at the end of June, the NEA said. This aerial … Continue reading China’s installed capacity of renewable energy hits 1.32 bln kW
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Masdar Explores Developing 2GW Clean Energy in Malaysia
Masdar, one of the world’s leading renewable energy companies, signs agreement with Citaglobal Berhad to develop broad range of renewable energy projects in Malaysia, including rural, off-grid initiatives .Ahead of the UAE hosting COP28, development demonstrates Masdar’s growing presence in Southeast Asia and commitment to supporting the region’s net-zero goals Masdar, the UAE’s clean energy … Continue reading Masdar Explores Developing 2GW Clean Energy in Malaysia
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Global solar PV installations of nearly 270 GWdc are expected in 2023
The solar industry has shone brightly in recent years. Installation records have been set, and broken – and 2023 looks like no exception. But there is light and shade in the global outlook. Our latest Global solar PV market outlook update explores the global trends and regional variations that inform our forecasts, helping the industry … Continue reading Global solar PV installations of nearly 270 GWdc are expected in 2023
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RWE and PPC to build solar projects with 280 megawatts of capacity in Greece
The two leading energy groups RWE and PPC continue to accelerate the Greek energy transition. Through their joint venture company Meton Energy S.A., RWE Renewables Europe & Australia (51% share) and PPC Renewables (49% share) have taken the final investment decisions for the construction of an additional portfolio of three photovoltaic projects (Amynteo Cluster II). The … Continue reading RWE and PPC to build solar projects with 280 megawatts of capacity in Greece
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High temperatures and increased energy demand will get worse in future summers
In the summer of 2023, a huge number of forest fires ravage Mediterranean countries, aggravated by drought, low humidity and high temperatures. The El Niño phenomenon increases the global heat, leading to intense and prolonged heat waves. The Iberian Peninsula undergoes a hot year with above?average temperatures. High temperatures in warm countries boost the electricity … Continue reading High temperatures and increased energy demand will get worse in future summers
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G20 Countries Can Close the Loop for a Circular Steel Sector
The steel sector is one of the most significant contributors to climate change, responsible for about 7% of global energy-related carbon emissions. In its recent outcome document, the G20, at its Ministerial Environment and Climate Ministers’ Meeting, recognised “that the steel sector is fundamental for comprehensive economic development, especially in developing countries yet its environmental … Continue reading G20 Countries Can Close the Loop for a Circular Steel Sector
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Geothermal Energy in Belize’s Clean Energy Future
Belize, a small country located on the northeastern coast of Central America, is making significant strides towards a clean energy future. The nation is known for its stunning natural beauty, diverse ecosystems, and commitment to environmental conservation. As part of its sustainable development strategy, Belize is exploring the potential of geothermal energy, a renewable and … Continue reading Geothermal Energy in Belize’s Clean Energy Future
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Capital Energy puts 1,500 MW of wind power up for sale in Spain
Capital Energy has put up for sale a portfolio of more than 1,500 megawatts (MW) of wind projects in an advanced stage of development in Spain. These projects, which in most cases already have a favorable Environmental Impact Statement (DIA), as well as the mandatory administrative authorizations, also contemplate the possibility of installing 500 MW … Continue reading Capital Energy puts 1,500 MW of wind power up for sale in Spain
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New Innovation in Solar and Wind Energy Technology
A breakthrough in renewable energy technology has been announced, promising to revolutionize the industry. This development comes as a result of years of research and development by leading scientists and engineers. The new technology aims to address the growing demand for clean and sustainable energy sources. The innovative technology utilizes a combination of solar and … Continue reading New Innovation in Solar and Wind Energy Technology
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Energy Pulse
Vattenfall has stopped development of its 1.4 GW Norfolk Boreas offshore wind project in the UK The Norfolk Boreas project was awarded a 15-year Contract for Difference (CfD) in UK AR4 last year at £37.35/ MWh (real 2012) and positioned to take FID imminently. Management reasoned that due to supply chain constraints, cost inflation and … Continue reading Energy Pulse
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ACP Statement on NEPA Phase 2 Rule
The American Clean Power Association (ACP) generally supports the Administration’s new guidance intended to help accelerate environmental reviews for clean energy projects and infrastructure. While we are appreciative of the steps the Council on Environmental Quality (CEQ) has taken to undertake these much-needed reforms, it’s critical that Congress build upon these actions and tackle comprehensive, … Continue reading ACP Statement on NEPA Phase 2 Rule
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Global Energy Trends on Sri Lanka’s Energy Market
The impact of global energy trends on Sri Lanka’s energy market is becoming increasingly apparent as the nation strives to meet its growing energy demands. With a population of over 21 million people and a rapidly expanding economy, Sri Lanka’s energy consumption has been on the rise, necessitating a shift in the country’s energy landscape. … Continue reading Global Energy Trends on Sri Lanka’s Energy Market
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Egypt’s Renewable Energy Projects
Egypt has made significant investments in renewable energy projects, with several notable solar and wind farms across the country. One of the largest projects is the Gabal Al-Zait wind farm, located near Ras Gharib, with a capacity of 580 MW. Constructed by Gamesa and Siemens, the project received financial support from the European Union and … Continue reading Egypt’s Renewable Energy Projects
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Acciona Energía closed the first half of 2023 with a net income of €405 million (+3.9%).
ACCIONA Energía closed the first half of 2023 with a net income of €405 million (+3.9%). During the period, the company doubled its net investment cash flow to €1.54 billion, a figure that reflects the acceleration in the construction of new renewable projects, mainly in Australia and the United States. ACCIONA Energía maintains its year-end … Continue reading Acciona Energía closed the first half of 2023 with a net income of €405 million (+3.9%).
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Ukraine Fights To Build More Resilient, Renewable Energy System in Midst of War
On Feb. 23, 2022, Ukraine’s grid operators were entering into “island mode”—a state of autonomy from other grid systems—when their country was invaded by Russia. This shift was a test that was part of plans already underway for months to desynchronize from the Russian grid and synchronize with the European Union’s. After the initial invasion, … Continue reading Ukraine Fights To Build More Resilient, Renewable Energy System in Midst of War
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ACP Statement on FERC Order Advancing Generator Interconnection Rules
The American Clean Power Association (ACP) and its members support the Federal Energy Regulatory Commission’s much-needed action today on electric generation interconnection, which is a key step towards allowing new clean energy resources to predictably and cost effectively interconnect to the electric grid. This action will help provide relief to the nearly two terawatts of renewables … Continue reading ACP Statement on FERC Order Advancing Generator Interconnection Rules
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Discovering Advancements in Clean Energy Assessment, Reliability and Performance at ACP’s Resource & Technology Conference
Guest post by Rounak Kharait, R&T 2023 Program Co-ChairSr. Director, Solar Energy Onshore Technical AssessmentØrsted Americas The U.S. clean energy industry has entered an exciting era, fueled by policy and supercharged by the urgency of emissions reduction. Alarm bells are sounding globally with higher frequency and greater magnitude extreme weather events such as hurricanes, typhoons, … Continue reading Discovering Advancements in Clean Energy Assessment, Reliability and Performance at ACP’s Resource & Technology Conference
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The Elecnor Group posts a net profit of EUR 47.4 million in the first semester of 2023
The Elecnor Group has ended the first semester of 2023 with a consolidated net profit of EUR 47.4 million, which represents an improvement of 8.2% in relation to the EUR 43.8 million in the same period of the previous year, thereby maintaining the strong momentum of the previous quarter. All the Group’s lines of business … Continue reading The Elecnor Group posts a net profit of EUR 47.4 million in the first semester of 2023
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