Each MW of solar thermal power can replace each MW of gas and achieve a total transition of the electricity sector, which would imply the substitution of current natural gas plants, as can be seen from the study carried out by Protermosolar in collaboration with the Comillas Pontifical University, which analyzes the technical and economic … Continue reading Each MW of concentrated solar power can replace each MW of natural gas and achieve the decarbonization of the electricity sector
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Scaling Up Renewables to Empower Lives and Livelihoods Requires an Integrated Effort
Over 2.5 billion people worldwide rely on agriculture for their livelihoods, making the sector a key driver for development. It is estimated that 1 billion people use health facilities without electricity, while others must access facilities suffering from an unreliable electricity supply. Over the years, the International Renewable Energy Agency (IRENA) has steadily increased its … Continue reading Scaling Up Renewables to Empower Lives and Livelihoods Requires an Integrated Effort
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New episodes of negative or zero prices in European electricity markets
In the third week of May, negative or zero hourly prices were registered in most of the European electricity markets, especially during the weekend. In the Nord Pool market, the value of -€5.67/MWh registered in an hour of Sunday 21 is the lowest one in history. For the week as a whole, prices decreased in every … Continue reading New episodes of negative or zero prices in European electricity markets
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2022 Marks Third-Highest Year for U.S. Utility-Scale Solar, Wind, and Storage Installations
Over 25 Gigawatts of New Clean Power Installed in 2022, but Hurdles Are Delaying Over 60 Gigawatts Through Q1 202311% growth in the now nearly 140 gigawatt (GW) development pipeline reflects promise of new federal policies, while historically low Q4 2022 and Q1 2023 installations demonstrate lingering headwindsTotal clean power installations declined in 2022 for … Continue reading 2022 Marks Third-Highest Year for U.S. Utility-Scale Solar, Wind, and Storage Installations
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Manufacturing plans for key clean energy technologies are expanding rapidly as investment momentum builds
ve scheme, these policies are transforming industrial policy geared toward clean energy technology. G7 governments have already recognised the importance of building resilient, secure and sustainable supply chains to accelerate the clean energy transition and reduce vulnerabilities associated with undue dependencies. There is much countries can do domestically to proactively address the risks posed to … Continue reading Manufacturing plans for key clean energy technologies are expanding rapidly as investment momentum builds
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ACP Statement on Draft Promoting Efficient and Engaged Reviews (PEER) Act
Today, American Clean Power Association (ACP) CEO Jason Grumet released a statement following the release of a discussion draft of Sen. Tom Carper’s (D-DE) Promoting Efficient and Engaged Reviews (PEER) Act: “Sen. Carper’s PEER Act is an encouraging step forward to advance the deployment of clean energy and transmission in the United States. This proposal … Continue reading ACP Statement on Draft Promoting Efficient and Engaged Reviews (PEER) Act
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Photovoltaic and wind energy are unstoppable in Europe in 2023
Between January 1 and May 15, 2023, photovoltaic energy production records were registered in almost all main European electricity markets when compared to the production of this period of the previous five years. These records are the result of the increase in installed capacity registered by this technology. The wind energy, which also increased its … Continue reading Photovoltaic and wind energy are unstoppable in Europe in 2023
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Repsol will develop wind and solar projects totaling more than 1,700 MW in Italy
The company has a portfolio in the country of 943 MW of wind power and 825 MW of solar power, of which more than 60% are in an advanced stage of processing.Repsol will soon begin construction of its first two photovoltaic solar plants in Italy, specifically in the Puglia region.Italy is one of the countries … Continue reading Repsol will develop wind and solar projects totaling more than 1,700 MW in Italy
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ACP Names Frank Macchiarola Chief Policy Officer
The American Clean Power Association (ACP) today announced that Frank Macchiarola will join the organization as Chief Policy Officer. Macchiarola currently serves as Senior Vice President of Policy, Economics and Regulatory Affairs at the American Petroleum Institute. In his new role at ACP, he will lead a policy team working to develop the regulatory and … Continue reading ACP Names Frank Macchiarola Chief Policy Officer
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Avangrid strengthens support for energy innovation by extending collaboration with Yale
AVANGRID will support research projects focused on solar energy, battery storage, EVs, or other topics related to the clean energy transition. AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, today announced a meaningful contribution to Yale University to support innovative research projects focused on advancing the clean energy transition. … Continue reading Avangrid strengthens support for energy innovation by extending collaboration with Yale
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ACP Statement on President Biden’s Veto of Auxin CRA
Following President Biden’s veto of H.J. Res. 39 to overturn the waiver on solar tariffs from Southeast Asia, American Clean Power Association (ACP) CEO Jason Grumet issued the following statement: “The American Clean Power Association applauds President Biden for standing up for American workers by vetoing this misguided, job-killing legislation. Our nation’s solar industry has … Continue reading ACP Statement on President Biden’s Veto of Auxin CRA
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Naturgy incorporates 900 MW of wind and solar energy with the purchase of Ardian’s assets in Spain
The energy company acquires from the Ardian infrastructure fund its portfolio of 422 MW of wind power already operational in Spain, as well as the hybridization projects on the same plants that add up to an additional 435 MW of solar power and are in an advanced state of development.In this way, Naturgy boosts its … Continue reading Naturgy incorporates 900 MW of wind and solar energy with the purchase of Ardian’s assets in Spain
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Statkraft supplies ALPLA with solar and wind power through a 10-year PPA
Statkraft, Europe’s largest producer of renewable energy, and ALPLA, an international packaging manufacturer, have signed two long-term power purchase agreements (PPAs) for wind and solar with an annual volume of 76 GWh and a term of 10 years. The green electricity is generated in six solar parks and one wind farm from Statkraft’s renewable energy … Continue reading Statkraft supplies ALPLA with solar and wind power through a 10-year PPA
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IRENA Launches Report for the G20 on Low-Cost Energy Transition Finance
The International Renewable Energy Agency (IRENA), in partnership with the Indian G20 Presidency, launched a comprehensive report today on how low-cost finance can accelerate the energy transition. Titled “Low-Cost Energy Transition Finance”, and developed in close collaboration with India’s Ministry of New and Renewable Energy (MNRE), the report provides a toolbox to increase the availability … Continue reading IRENA Launches Report for the G20 on Low-Cost Energy Transition Finance
Continue readingACP Welcomes IRA Domestic Content Guidance
The American Clean Power Association (ACP) today issued the following statement from JC Sandberg, ACP’s Chief Advocacy Officer, after the U.S. Department of Treasury released guidance for the implementation of the Inflation Reduction Act’s (IRA) domestic content provisions: “The IRA’s domestic content incentive represents a monumental opportunity to continue growing our domestic clean energy supply … Continue reading ACP Welcomes IRA Domestic Content Guidance
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IRENA and Masdar to Collaborate on Setting a Roadmap to Triple Global Renewable Energy Capacity by 2030
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a major international knowledge project setting out the means to triple global renewable energy capacity by 2030. During the UAE Climate Tech Forum in Abu … Continue reading IRENA and Masdar to Collaborate on Setting a Roadmap to Triple Global Renewable Energy Capacity by 2030
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RWE invests €8 billion in its green portfolio in the first quarter of 2023
RWE is making swift progress on implementing its Growing Green strategy. The company expanded its green portfolio by 4.9 gigawatts (GW) with investments of €8.0 billion in the first quarter of 2023 alone. The €6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest share of the investments. In addition, RWE acquired a … Continue reading RWE invests €8 billion in its green portfolio in the first quarter of 2023
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Europe must reduce China renewable dependence
The European Union must reduce its dependence on China when it comes to vital equipment used in producing renewable energy, the head of the International Renewable Energy Agency said Tuesday. It is important to work to “decentralise the supply chain”, Francesco La Camera, director general of the International Renewable Energy Agency, told AFP on the … Continue reading Europe must reduce China renewable dependence
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EIA expects more generation from renewables and natural gas this summer
The U.S. Energy Information Administration (EIA) expects that this summer will see the second-most U.S. natural gas consumption for electricity generation on record, surpassed only by last summer. EIA continues to expect significant growth in U.S. electricity generation from wind and solar, but the wet winter in California and the western United States should also … Continue reading EIA expects more generation from renewables and natural gas this summer
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Fortescue Future Industries secures renewable power supply from Statkraft to planned green hydrogen/ammonia project in Hemnes
Fortescue Future Industries (FFI) has secured renewable power for its proposed Hemnes green energy project, entering into a long-term Power Purchase Agreement (PPA) with Statkraft. The conditional agreement will see Statkraft supply FFI with renewable energy from the Norwegian grid to support potential plans for a 300 megawatt green hydrogen and green ammonia facility. The … Continue reading Fortescue Future Industries secures renewable power supply from Statkraft to planned green hydrogen/ammonia project in Hemnes
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