According to a review by the SUN DAY Campaign of data just released by the U.S. Energy Information Administration (EIA) and the Federal Energy Regulatory Commission (FERC), wind and solar combined now provide more generating capacity and produce more electricity than coal. The latest issue of EIA’s “Electric Power Monthly” report (with data through February … Continue reading U.S. Wind + Solar Now Exceed Coal in Both Installed Generating Capacity and Actual Electrical Generation.
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Iberdrola invests 10,400 million euros and has a net profit of 1,485 million
Financial Highlights Delivery of business plan, ahead of schedule Operational highlights 2023 outlook Commenting on the results, Ignacio Galán, Executive Chairman of Iberdrola: “This has been a good start to the year for Iberdrola, reinforcing the strength of our business model as a global leader in the energy transition”. “We are now seeing faster progress … Continue reading Iberdrola invests 10,400 million euros and has a net profit of 1,485 million
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Several negative or zero hourly prices in European electricity markets although prices generally increased
In the week of April 17, European electricity markets prices increased due to the fall in wind energy production and the increment in demand. However, in the MIBEL market of Spain and Portugal, seven zero hourly prices were registered on April 23. In the markets of Belgium and Netherlands there were several negative hourly prices … Continue reading Several negative or zero hourly prices in European electricity markets although prices generally increased
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Colombia could have three times more installed wind and solar capacity
In Colombia, renewable energies are advancing steadily with 13,000 Megawatts (MW) with an approved connection point between wind and solar. Colombia advances in the consolidation of the roadmap for the energy transition with 13,000 Megawatts (MW) with an approved connection point. Currently, the country ranks fourth in the ranking of energy transition processes in the … Continue reading Colombia could have three times more installed wind and solar capacity
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Ingeteam launches a control system for hybridising wind and solar power plants
It is a system that allows the hybridization of wind farms with photovoltaic plants and energy storage systems in batteries.The first units are in the certification process and will be installed in Spain to hybridize two wind farms with two photovoltaic plants. Ingeteam has designed and manufactured the first units of its new control system … Continue reading Ingeteam launches a control system for hybridising wind and solar power plants
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40+ Organizations Call on Congress to Include Critical Transmission Funding in FY 2024 Budget
A letter signed by a multi-sector coalition of over 40 clean energy organizations, environmental groups, developers, manufacturers, labor and consumer groups, and other nonprofits was sent to Congress today urging robust funding for high-capacity transmission deployment and research through the U.S. Department of Energy’s (DOE) Fiscal Year 2024 budget. In the letter, the organizations highlight the … Continue reading 40+ Organizations Call on Congress to Include Critical Transmission Funding in FY 2024 Budget
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125 years full of energy – RWE celebrates its anniversary
RWE is celebrating its 125th anniversary. Rheinisch-Westfälische Elektrizitätswerk AG was founded as a local municipal utility in Essen on 25 April 1898. Now, 125 years later, RWE is not only Germany’s largest electricity producer but also one of the world’s leading renewable energy companies. At a celebration in Essen attended by Hendrik Wüst, Prime Minister … Continue reading 125 years full of energy – RWE celebrates its anniversary
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Google and EDP Renewables sign framework to develop 650MWp of distributed solar energy in the USA
Framework agreement signed between technology giant and leading renewable energy company focuses on the development of around 650 MWp (500 MWac) in local energy communities across six US States; Companies will promote environmental justice through an initiative that provides benefits to nearly 25,000 low-to-moderate income families. Google and EDP Renewables (EDPR), through EDPR NA Distributed … Continue reading Google and EDP Renewables sign framework to develop 650MWp of distributed solar energy in the USA
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China’s wind, solar power capacity increases in Q1
China’s installed capacity of wind energy, concentrated solar power and photovoltaic power registered strong growth in the first three months of the year, according to data from the National Energy Administration released on Sunday. At the end of March, the installed capacity of wind power increased 11.7 percent year-on-year to reach around 380 million kilowatts, … Continue reading China’s wind, solar power capacity increases in Q1
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New Effort to Power Colorado’s Federal Facilities with 100% Clean Energy by 2030
The U.S. Department of Energy (DOE) and Xcel Energy announced today they signed a memorandum of understanding (MOU) to provide Federal facilities in Colorado with 100% carbon pollution-free electricity (CFE) by 2030. This marks the second such partnership announced by the Biden-Harris Administration as the Government works with the private sector across the country to … Continue reading New Effort to Power Colorado’s Federal Facilities with 100% Clean Energy by 2030
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ACP Statement on White House Environmental Justice for All Executive Order
American Clean Power Association (ACP) CEO Jason Grumet issued the following statement after President Joe Biden signed an Executive Order announcing new actions to advance environmental justice initiatives for communities across the country: “The American Clean Power Association is encouraged by the administration’s efforts to speed the delivery of public health and economic benefits to … Continue reading ACP Statement on White House Environmental Justice for All Executive Order
Continue readingIncreasing renewables on the grid through accurate inertia measurement
Australian Renewable Energy Agency (ARENA) has today announced $1.43 million in funding to Reactive Technologies to conduct a trial of its real-time inertia measurement technology Grid-Sonar™ across a number of sites in Victoria. Accurately measuring the power system’s inertia in real-time will help the Australian Energy Market Operator (AEMO) operate the system more securely, while … Continue reading Increasing renewables on the grid through accurate inertia measurement
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ACP Statement on House Speaker Debt Limit Proposal
Today, American Clean Power Association (ACP) CEO Jason Grumet issued the following statement after House Majority Leader Kevin McCarthy (R-CA) unveiled a debt ceiling plan that aims to repeal federal clean energy incentives: “In the last nine months, the clean energy industry has announced 46 major manufacturing facilities and scores of clean energy projects in … Continue reading ACP Statement on House Speaker Debt Limit Proposal
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North American Solar and Wind PPA Prices Increased 6.6% in Q1 of 2023
In the first quarter of 2023, North American P25* power purchase agreement (PPA) offer prices rose an average of 6.6% to $50.32 per megawatt hour (MWh), according to a new report from LevelTen Energy, operator of the world’s largest PPA marketplace. For two years, the LevelTen PPA Price Index has reported an increase in average … Continue reading North American Solar and Wind PPA Prices Increased 6.6% in Q1 of 2023
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Australia has raised its climate targets and now needs to accelerate its clean energy transition
Australia is taking positive steps to increase its climate and clean energy ambitions. The International Energy Agency has reviewed Australia’s progress and recommends that it continues to strengthen its policies and long-term plans to ensure it meets its targets. Today, Australia is a major exporter of both fossil fuels and the critical minerals used in … Continue reading Australia has raised its climate targets and now needs to accelerate its clean energy transition
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Solar energy takes prices to zero values in the MIBEL market at the third weekend of April
In the second week of April, European electricity markets prices fell compared to the previous week, influenced by the decrease in gas and CO2 emission rights prices, as well as by the general increase in wind energy production and the drop in demand compared to the previous week. Negative hourly prices were registered in the … Continue reading Solar energy takes prices to zero values in the MIBEL market at the third weekend of April
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Vattenfall plans for new hydro power in Sweden
For the first time in twelve years, Vattenfall plans to build new hydro power in four Swedish locations that are already home to hydro power plants. In total, the project will provide 720 megawatts of new hydro capacity, assuming a decision to invest is made. Vattenfall plans for new hydropower with a possible capacity of … Continue reading Vattenfall plans for new hydro power in Sweden
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Clean Energy Trades Unite Against Harmful Retroactive Solar Tariff Threat
Today, the American Clean Power Association (ACP), the Solar Energy Industries Association (SEIA), and the American Council on Renewable Energy (ACORE), among others, released a joint letter calling on members of Congress to oppose H. J. Res. 39/S. J. Res. 15 which uses the Congressional Review Act (CRA) to impose retroactive solar tariffs and undercut … Continue reading Clean Energy Trades Unite Against Harmful Retroactive Solar Tariff Threat
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EDP Renewables ramps up clean energy production in the first quarter of 2023
EDP Renewables (EDPR) takes a step forward to assert itself as a leader in the energy transition and enlarged its installed capacity and clean energy production worldwide, with the energy produced in LATAM contributing to more than 10% of the total for the first time since EDPR started operating in the region. In the first … Continue reading EDP Renewables ramps up clean energy production in the first quarter of 2023
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The G7 agreed on a collective increase of 150 GW of offshore wind and 1 TW of Solar PV by 2030
G7 leaders expressed concern over global renewable power deployment rates, citing the latest findings from IRENA’s World Energy Transitions Outlook Preview 2023. The report warns that there is a need for a fundamental course correction in the energy transition to keep the 1.5°C target within reach. Targets in the G7 Climate, Energy and Environment Ministers’ … Continue reading The G7 agreed on a collective increase of 150 GW of offshore wind and 1 TW of Solar PV by 2030
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