Iberdrola reinforces its innovative and renewable leadership in Spain and will build Spain’s first hybrid wind and solar plant in Castilla y León, in the province of Burgos. The company continues with the construction of two photovoltaic plants of 41 and 33 megawatts (MW), which will total more than 170,000 photovoltaic modules and will be … Continue reading Iberdrola builds the first hybrid wind and solar plant in Spain
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Five Years’ Worth of Clean Energy Investments Announced in Less Than Nine Months
The American Clean Power Association (ACP) today detailed over $150 billion in capital investment announced for utility-scale clean energy projects and manufacturing facilities since federal incentives were signed into law last August. This is equivalent to five years’ worth of American clean energy investment, surpassing total investment into U.S. clean power projects commissioned between 2017 … Continue reading Five Years’ Worth of Clean Energy Investments Announced in Less Than Nine Months
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Wind and solar are far and away the least expensive sources of electricity available today
There is some question about whether the lofty goals of the Biden administration to promote the adoption of electric vehicles will succeed — they are ambitious — but there is no question that renewable energy — wind and solar — are taking over from thermal generation when it comes to making electricity. The fourth annual … Continue reading Wind and solar are far and away the least expensive sources of electricity available today
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Oman weighs Concentrated Solar Power project at Duqm
A first-of-its-kind Concentrated Solar Power (CSP) project is envisioned for development near Duqm in Al Wusta Governorate as part of Oman’s pivot away from gas-powered electricity generation to renewables-based sources. The initiative, subject to the findings of a feasibility study, will add to a mixed portfolio of renewable resources and technologies being explored by the … Continue reading Oman weighs Concentrated Solar Power project at Duqm
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Iberdrola increases renewable energy production by 11% in the first quarter
Iberdrola’s investments in renewables have increased the group’s energy production and installed capacity in the first quarter of the year. The data sent today to the CNMV shows an increase of 11 % in the group’s global renewable energy production, reaching 24,137 gigawatt hours (GWh) in the first quarter of the year. The company exceeded … Continue reading Iberdrola increases renewable energy production by 11% in the first quarter
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EU Stresses Collaboration is Crucial for Green Deal Success
“In 30 years, the EU reduced emissions by 30% while growing its economy by 60%,” said EU Ambassador to the UAE Andrea Matteo Fontana at the 11th IRENA Renewables Talk. His point made it clear to IRENA Permanent Representatives in attendance that pursuing the energy transition is an investment rather than a cost, presenting a … Continue reading EU Stresses Collaboration is Crucial for Green Deal Success
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Subsidy-free offshore wind bids rise, while undersubscribed renewable power auctions pose concerns in Europe, says GlobalData
Renewable energy auctions in Europe are experiencing two contrasting trends. While the offshore wind segment has witnessed intense competition resulting in subsidy-free bids across major countries, the renewable power auctions have been undersubscribed in the past year due to several factors such as increased raw material costs, rising logistics expenses, higher interest rates, and prolonged … Continue reading Subsidy-free offshore wind bids rise, while undersubscribed renewable power auctions pose concerns in Europe, says GlobalData
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Wind energy and solar power industry is the new driving force for development in North China
Outside the wind power wind turbine factory in Hohhot, north China’s Inner Mongolia Autonomous Region, a truck loaded with wind turbine components moves slowly. In the factory, workers walk around the wind turbines and tighten the bolts with wrenches. The plant is operated by the Inner Mongolia Dongfang Wind Company. It mainly assembles wind turbine … Continue reading Wind energy and solar power industry is the new driving force for development in North China
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Wind and solar reached a record 12% of global electricity in 2022
Ember’s fourth annual Global Electricity Review aims to provide the most transparent and up-to-date overview of changes in global electricity generation in 2022 and a realistic summary of how “on track” the electricity transition is for limiting global heating to 1.5 degrees. The report analyses electricity data from 78 countries representing 93% of global electricity … Continue reading Wind and solar reached a record 12% of global electricity in 2022
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Photovoltaic, wind energy and concentrated solar power during Easter
In the first week of April, record highs of solar photovoltaic energy production were reached in Spain, France and Portugal. However, European electricity markets prices increased, influenced by the increase in gas and CO2 emission rights prices, as well as by the general drop in wind energy production compared to the previous week. On the … Continue reading Photovoltaic, wind energy and concentrated solar power during Easter
Continue readingGreen hydrogen, promises and challenges
Green Hydrogen to replace non-renewable energy sources in the short, medium and long term still has great challenges to overcome.Despite the potential of H2 Verde to replace non-renewable energy sources in the short, medium and long term, there are problems that still need to be overcome for the application of H2 Verde technology.Price The cheaper … Continue reading Green hydrogen, promises and challenges
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Concentrated solar power (CSP) technologies: Status and analysis
Concentrated solar power (CSP) technology is a promising renewable energy technology worldwide. However, many challenges facing this technology nowadays. These challenges are mentioned in this review study. For the first time, this work summarized and compared around 143 CSP projects worldwide in terms of status, capacity, concentrator technologies, land use factor, efficiency, country and many … Continue reading Concentrated solar power (CSP) technologies: Status and analysis
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Electrification, higher equipment efficiencies, and more zero-carbon power sources will reduce U.S. energy-related CO2 emissions through 2050
U.S. energy-related CO2 emissions drop 25% to 38% below what they were in 2005 by 2030, according to projections from the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2023 (AEO2023). By the end of the projection period, 2050, U.S. energy-related CO2 emissions are 17% lower in this year’s Reference case compared with last year, … Continue reading Electrification, higher equipment efficiencies, and more zero-carbon power sources will reduce U.S. energy-related CO2 emissions through 2050
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Latin America’s opportunity in critical minerals for the clean energy transition
Latin America is an established producer of several minerals essential for clean energy technologies, and could build on its well-established mining sector to diversify into new minerals and help the global economy avoid the shortfalls and bottlenecks that could threaten clean energy transitions. The region already produces large quantities of lithium, which is needed for … Continue reading Latin America’s opportunity in critical minerals for the clean energy transition
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Brazil installed 1,485 MW of wind power in the first quarter of 2023
The Brazilian electricity matrix closed the first quarter of 2023 with an expansion of 2,746.5 megawatts (MW), double the growth of 1,367 MW seen in the same period of 2022. Until March 31, the National Electric Power Agency ( ANEEL) registered the entry into commercial operation of 82 plants, of which 44 are wind (1,485 … Continue reading Brazil installed 1,485 MW of wind power in the first quarter of 2023
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Iberdrola presents the Accelerated Climate Transition Plan to the United Nations
Iberdrola has presented its Climate Transition Plan to the United Nations to achieve zero net emissions by 2040 in response to the call of the UN Secretary General, following a realistic, ambitious and responsible line. The specific objective is based on achieving carbon neutrality of generation plants, its electricity distribution activity and its own consumption … Continue reading Iberdrola presents the Accelerated Climate Transition Plan to the United Nations
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Under the IRENA, Masdar and the AIIB have agreed to commit capital to three solar projects in Uzbekistan
Uzbekistan aims to achieve 7 GW of solar and 5 GW of wind capacity by 2030, with the goal of fulfilling 25% of its electricity demands through renewable energy sources by that time. Upon reaching full capacity, Sherabad, Samarkand and Jizzakh Solar Projects are expected to provide electricity to over a million people and eliminate … Continue reading Under the IRENA, Masdar and the AIIB have agreed to commit capital to three solar projects in Uzbekistan
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Next Decade Decisive for Photovoltaic Growth on the Path to 2050
Global experts on solar power strongly urge a commitment to the continued growth of photovoltaic (PV) manufacturing and deployment to power the planet, arguing that lowballing projections for PV growth while waiting for a consensus on other energy pathways or the emergence of technological last-minute miracles “is no longer an option.” The consensus reached by … Continue reading Next Decade Decisive for Photovoltaic Growth on the Path to 2050
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The first quarter as a whole ends with a new fall in electricity markets prices
In the first quarter of 2023, European electricity markets prices decreased compared to the previous quarter and to the same quarter of 2022, due to the decrease in gas prices and the increase in renewable energy production. The solar photovoltaic energy production reached record values in Spain and Portugal. The wind energy production did so … Continue reading The first quarter as a whole ends with a new fall in electricity markets prices
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Iberdrola presents to Europe its project to manufacture photovoltaic panels in Spain
Iberdrola has submitted a photovoltaic panel manufacturing project to the third call of the Innovation Fund, the European Commission’s grant programme for the demonstration of innovative technologies to reduce emissions. The manufacturing plant will have a production capacity of 1.6 GW per year, equivalent to 3 million panels, and could cover a third of the current … Continue reading Iberdrola presents to Europe its project to manufacture photovoltaic panels in Spain
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