Cuts to tax credits and higher tariffs on equipment would slow the growth of wind, photovoltaic and storage. US presidential elections are not generally decided by the televised debates between the candidates. The encounters between John F. Kennedy and Richard Nixon in 1960, the first such televised debates, many have been the only ones that … Continue reading Assessing the risks to US renewables
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India to add record wind powee, photovoltaic (PV)
India will connect a record 35 gigawatts (GW) of solar photovoltaic (PV) and wind power capacity to its grid during the year ending March 2025, a senior official told Reuters, as it struggles to meet its 2030 clean energy target after falling short of a much-hyped renewables target for 2022.The world’s fastest-growing major economy has … Continue reading India to add record wind powee, photovoltaic (PV)
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AMEA Power to develop largest solar photovoltaic (PV) project in Egypt
The projects will bring AMEA Power’s total capacity in Egypt to 2,000 MW of wind and photovoltaic (PV) power, accompanied by 900 MWh of battery energy storage systems.AMEA Power will invest an additional $800 million in two major renewable energy projects in Egypt, reinforcing its commitment to the country’s clean energy transition. The projects will … Continue reading AMEA Power to develop largest solar photovoltaic (PV) project in Egypt
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Battery Breakthrough Initiative open for consultation
Consultation has opened today on the Australian Government’s $523 million Battery Breakthrough Initiative, being delivered by the Australian Renewable Energy Agency (ARENA). Announced in the 2024-25 Federal Budget in May, the Battery Breakthrough Initiative aims to fund projects that enhance the development of Australia’s battery manufacturing capability to improve supply chain resilience and provide opportunities … Continue reading Battery Breakthrough Initiative open for consultation
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Photovoltaic and wind energy in the week of September 2
September starts with price rises in European electricity markets except in the Iberian market thanks to renewable energy. In the week of September 2, prices rose in most European electricity markets. The increase in demand, together with lower solar energy production in most markets, favored this behavior. The MIBEL market was the exception, where prices … Continue reading Photovoltaic and wind energy in the week of September 2
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EDPR’s first hybrid wind-solar photovoltaic ( PV) project in Poland increases output by almost 20%
With a combined capacity of 124.5 MWp (115.5 MWac), the Konary wind-solar hybrid project produced over 180 GWh for the Polish grid, increasing the renewable production of the site up to almost 20%; This was the first renewable hybrid project in Poland and showcases how combining renewable energy technologies on the same site allows adding … Continue reading EDPR’s first hybrid wind-solar photovoltaic ( PV) project in Poland increases output by almost 20%
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New study reveals that photovoltaic and wind power is now cheaper than coal and gas power plants
New research by the Fraunhofer Institute for Solar Energy Systems reveals that solar photovoltaics — converting solar energy into electricity — produce cheaper electricity than coal or gas, even when combined with batteries. The Fraunhofer Institute has been collecting data on the costs of different energy sources, like wind, nuclear, and coal, since 2010. While … Continue reading New study reveals that photovoltaic and wind power is now cheaper than coal and gas power plants
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Installed solar photovoltaic (PV) capacity has increased by 28% during 2023 in Spain
For the first time in history, in 2023, renewable energy in Spain has exceeded 50% of annual generation. The installed capacity of the generating park in Spain has increased by 5.2%, ending 2023 with 125,620 MW. The installed renewable capacity in the national electricity system has increased by 6.3 GW, which has allowed reaching a … Continue reading Installed solar photovoltaic (PV) capacity has increased by 28% during 2023 in Spain
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Moldova sets ambitious targets for transition to wind power and photovoltaic
The Republic of Moldova has unveiled an ambitious plan to boost renewable energy production by offering a comprehensive set of investment incentives aimed at attracting foreign investors. Key measures include priority access to connection approvals for auction winners, long-term fixed-rate contracts for up to 15 years, and support mechanisms for both small and large-scale producers. … Continue reading Moldova sets ambitious targets for transition to wind power and photovoltaic
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Trump and Harris set out contrasting visions for US energy
Back in January, when I looked ahead to the US elections on 5 November, I predicted “plenty of twists and turns in the race”. That turned out to be something of an understatement. President Joe Biden’s decision to drop out of the running, leaving Vice President Kamala Harris as the Democratic nominee, transformed the contest. … Continue reading Trump and Harris set out contrasting visions for US energy
Continue readingPhotovoltaic and wind power made electricity prices 40% lower in the first half of the year in Spain
The wholesale price of electricity in Spain during the first half of 2024 was up to 40% lower than it would have been without the investments in solar photovoltaic and wind capacity made since 2019, according to an article published in the Economic Bulletin of the Bank of Spain. The article, authored by Javier Quintana, … Continue reading Photovoltaic and wind power made electricity prices 40% lower in the first half of the year in Spain
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100 MW of new wind and photovoltaic (PV) for UK homes
In the UK, Clashindarroch II onshore wind farm and Kemberton solar farm have both secured a government price guarantee, Contract for Difference, in the latest allocation round. This will mean fossil free power for more than 60,000 British homes. Vattenfall has secured a CfD for two projects in the latest Allocation Round for low-carbon electricity … Continue reading 100 MW of new wind and photovoltaic (PV) for UK homes
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Redstone, the first Tower Concentrated Solar Power plant in South Africa is completed
The California start-up SolarReserve had initially developed the project in 2014, competing during the early years of South Africa’s Concentrated Solar Power push, but it was delayed time after time by South Africa’s indecisive renewable permitting, and after the Crescent Dunes tank failure bankrupted SolarReserve, it was ultimately taken over by Saudi Concentrating Solar Power … Continue reading Redstone, the first Tower Concentrated Solar Power plant in South Africa is completed
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Photovoltaic and wind energy in the last week of August
In the week of August 26, prices rose in all European markets. Wind and solar energy production registered declines, while electricity demand increased in most markets. TTF gas futures prices for the Front?Month remained below €40/MWh and CO2 emission allowance futures for the reference contract of December 2024 remained around €71/t. Solar photovoltaic, solar thermoelectric … Continue reading Photovoltaic and wind energy in the last week of August
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For the fourth consecutive month, solar photovoltaics leads the generation mix in Spain with 23% of the total
Demand for electric energy in Spain increases by 3.8% in August. For the fourth consecutive month, solar photovoltaics leads the national generation mix with 23% of the total. Wind energy generated 16.6%. Monthly production with renewables in our country accounted for 52.6% and technologies that do not emit CO2 equivalent reached a share of 75.4%.National … Continue reading For the fourth consecutive month, solar photovoltaics leads the generation mix in Spain with 23% of the total
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Giant batteries to store wind energy and photovoltaic solar power can speed up South Africa’s energy transition
South Africa is at a pivotal moment in its energy transition: trying to decarbonise its economy (move away from coal) and make sure that everyone has access to reliable and affordable energy. Storage of renewable energy is very important for this transition. Solar and wind power are not available all the time. To keep the … Continue reading Giant batteries to store wind energy and photovoltaic solar power can speed up South Africa’s energy transition
Continue readingPhotovoltaic and wind power in the fourth week of August
In the fourth week of August, prices declined in most European markets, supported by increased wind energy production coupled with decreases in demand and average temperatures. The exception was the Iberian market, where prices remained above €90/MWh for most of the week, with lower solar energy production in Spain and Portugal, and wind energy in … Continue reading Photovoltaic and wind power in the fourth week of August
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China’s installed power generation capacity up 14% from Jan. to July
China’s installed power generation capacity expanded 14 percent year on year in the first seven months of this year, data from the National Energy Administration showed on Friday. The country’s total installed power generation capacity reached about 3.1 billion kilowatts by the end of July, according to the data. Photo shows photovoltaic power panels and … Continue reading China’s installed power generation capacity up 14% from Jan. to July
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Photovoltaics (PV) leads the growth of energy production in OECD countries
Photovoltaic generation increased by 19.7%, according to the IEA monthly report. In OECD (Organization for Economic Cooperation and Development) member countries, total net electricity production was 854.4 TWh in May 2024, an increase of 3.7% compared to the same month of the year past. This is stated in the Monthly Electricity Statistics of the IEA … Continue reading Photovoltaics (PV) leads the growth of energy production in OECD countries
Continue readingPhotovoltaic and wind energy in the third week of August
Lower prices in the iberian electricity market, while prices rise in the rest of the european markets. In the third week of August, wind production together with the decrease in demand and average temperatures contributed to the drop in prices in the Iberian market of Spain and Portugal. In the rest of Europe’s major electricity … Continue reading Photovoltaic and wind energy in the third week of August
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