The plant will produce enough clean energy to power more than 334,000 homes and prevent the emission of 150,000 tonnes of CO2 per year. With an installed capacity of 590 MW and an investment of 300 million euros, its construction has generated more than 1,500 jobs. This renewable installation is the Iberdrola group’s largest photovoltaic … Continue reading Iberdrola starts up ‘Francisco Pizarro’, the largest photovoltaic plant in Europe
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Photovoltaic, concentrated solar ower and wind energy production in Europe
The combination of the fall in electricity demand, due to the beginning of the holiday period of August, and a higher wind and solar energy production favoured the decrease in the prices of the European electricity markets, despite registering a slight increase in gas prices and CO2 emission rights. Photovoltaic and solar thermoelectric energy production … Continue reading Photovoltaic, concentrated solar ower and wind energy production in Europe
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Green hydrogen plant to decarbonize UK’s largest freight port
The company will invest some 170 million euros in this facility, which will supply clean hydrogen to vehicles and machinery at the port of Felixtowe (England). The plant, which will be operational in 2026, will produce 14,000 tonnes of renewable H2 per year in the first phase and may double its capacity in the future. … Continue reading Green hydrogen plant to decarbonize UK’s largest freight port
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EIA: U.S. Sees 13 Percent Increase in Wind Power Production in 2020
In 2020, energy production in the United States fell by record amounts compared with 2019, mostly as a result of decreased economic activity during the COVID-19 pandemic. Wyoming had the largest drop in total energy production among the states, decreasing by 1,264 trillion British thermal units, mostly due to decreased coal production. Seven states saw … Continue reading EIA: U.S. Sees 13 Percent Increase in Wind Power Production in 2020
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“Chào m?ng”, EGP Vietnam: a new company is born
We say welcome in the local language to our new EGP country: Vietnam. Business operations in this southeast Asian nation only began a few months ago, but we have already achieved some great results. In this interview, our Head of Business Development, Asia-Pacific region, Chung Gu Yoon, talks about the exciting challenges that lie ahead. … Continue reading “Chào m?ng”, EGP Vietnam: a new company is born
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What Is Concentrated Solar Power?
What exactly is concentrated solar-thermal power (CSP) and how does it work? Mirrors are used in CSP technologies to reflect and concentrate sunlight onto a receiver. In the receiver, the energy from concentrated sunlight heats a high-temperature fluid. This heat, also known as thermal energy, can be used to generate electricity by spinning a turbine … Continue reading What Is Concentrated Solar Power?
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ACP Celebrates Historic Clean Energy and Climate Victory with Senate Passage of the Inflation Reduction Act of 2022
Heather Zichal, CEO of the American Clean Power Association, today applauded the Senate for passing the Inflation Reduction Act of 2022 (IRA). The IRA provides unprecedented multi-year policy certainty for clean energy: “This is the vote heard around the world. It puts America on a path to creating 550,000 new clean energy jobs while reducing … Continue reading ACP Celebrates Historic Clean Energy and Climate Victory with Senate Passage of the Inflation Reduction Act of 2022
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UAE’s Masdar to work on solar and wind power projects in Tanzania
Masdar signed an agreement today to develop renewable energy projects in Tanzania. The deal between Masdar and the Tanzania Electric Supply Company specifies they will work on two energy projects that will ultimately produce 2,000 megawatts of solar and onshore wind power, Masdar said in a press release. Why it matters: The United Arab Emirates … Continue reading UAE’s Masdar to work on solar and wind power projects in Tanzania
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Energy security: France takes emergency measures to boost wind and solar
France gets around 20% of its electricity from renewable sources – 8% from wind energy, but it needs more to meet its climate goals while reinforcing energy security. The war in Ukraine and disruptions in its conventional electricity generation fleet are putting France’s energy system under stress. The French Government is taking unprecedented steps to … Continue reading Energy security: France takes emergency measures to boost wind and solar
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It’s a Big Deal for Job Growth and for a Clean Energy Future
On July 27, news whipsawed the nation’s capital as Senate Majority Leader Chuck Schumer and Senate Energy and Natural Resources Committee Chair Joe Manchin announced a compromise agreement and path forward on a comprehensive package of clean energy investments. Announced as the Inflation Reduction Act (IRA), this bill represents the single largest investment in renewable … Continue reading It’s a Big Deal for Job Growth and for a Clean Energy Future
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Glenrothes MP visits Markinch Biomass Power Station to understand RWE’s hydrogen plans
Local Glenrothes MP Peter Grant recently visited Markinch CHP biomass plant to understand the exciting development opportunities between RWE and Scottish gas distribution company SGN. The partnership is to investigate the feasibility of supplying green hydrogen for heating Scottish businesses and homes, produced at the power station site. The visit follows a recent agreement between … Continue reading Glenrothes MP visits Markinch Biomass Power Station to understand RWE’s hydrogen plans
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European consumers want more renewable power to ease climate and affordability concerns
New research into public attitudes and concerns about energy, commissioned by Statkraft, Europe’s largest generator of renewable power, found that three quarters of the 18,000+ respondents say they’re worried about the negative effects of climate change, and they want more renewable power to help address their pressing concerns. In southern European countries where extreme heatwaves … Continue reading European consumers want more renewable power to ease climate and affordability concerns
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Photovoltaic, concentrated solar power and wind energy production in Europe
The Iberian exception lowers electricity market prices in July. The interruptions and fears about the gas flow to Europe during the month of July shot up gas prices by 59% and dragged electricity markets prices to historical highs. The Iberian market is the only one that registered a drop thanks to the application of the … Continue reading Photovoltaic, concentrated solar power and wind energy production in Europe
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IRENA DG’s Indonesian Mission Breaks Ground on Future G20 Investment Forum
Led by the International Renewable Energy Agency (IRENA)’s Director-General, Francesco La Camera, the Agency undertook a four-day mission to Indonesia on 24-27 July. During the mission, the IRENA Director-General met with government ministers and other high-ranking individuals, participated in a site visit to a micro-hydroelectric plant, and engaged with media. The mission’s aim was to … Continue reading IRENA DG’s Indonesian Mission Breaks Ground on Future G20 Investment Forum
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Iberdrola to supply green energy to RIU Hotels & Resorts’ hotels and headquarters in Spain
Iberdrola and RIU Hotels & Resorts have signed a long-term contract for the supply of green energy to the hotels and headquarters of the hotel company in Spain, which represent an annual consumption of approximately 70 gigawatt hours. The agreement, which came into force in August, will allow the hotel group to sustainably serve guests … Continue reading Iberdrola to supply green energy to RIU Hotels & Resorts’ hotels and headquarters in Spain
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Enel Green Power’s Hydrogen Industrial Lab wins IPCEI Hy2Tech european funding
Nexthy is among the Italian beneficiary projects of IPCEI Hy2Tech funding from the 5.4 billion euro fund made available by the European Union for the development of hydrogen-focused initiatives of strategic interest.It is an industrial-scale innovation laboratory that will be built in Sicily and will allow Enel Green Power to collaborate with start-ups and global … Continue reading Enel Green Power’s Hydrogen Industrial Lab wins IPCEI Hy2Tech european funding
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EDP Renewables acquires solar development platform based in Germany
The company announces it has reached an agreement for the acquisition of a 70% stake in Kronos Solar Projects GmbH. EDP Renewables has reached an agreement to acquire a 70% stake in Kronos Solar Projects GmbH (“Kronos”), a solar developer company based in Germany. Kronos is currently fully owned by its Founders, which will retain … Continue reading EDP Renewables acquires solar development platform based in Germany
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ACP CEO Heather Zichal Statement on Sen. Manchin and Sen. Schumer Deal on Clean Energy Developments
Following the announcement that U.S. Senator Joe Manchin (D-WV) reached an agreement with Senate Majority Leader Chuck Schumer (D-NY) to add the Inflation Reduction Act of 2022 to the budget reconciliation bill being negotiated in Congress, ACP CEO Heather Zichal issued the following statement: “The entire clean energy industry just breathed an enormous sigh of relief. … Continue reading ACP CEO Heather Zichal Statement on Sen. Manchin and Sen. Schumer Deal on Clean Energy Developments
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Iberdrola’s net profit reached €2.07 Bn thanks to the international business
Investment effort. The company invested more than €4.74 billion in the first half of the year, up by 5%, bringing total investment to more than €10.2 billion over the past 12 months, 90% of which is focused on networks and renewables. Drop in profit in Spain. Net profit in Spain fell by 26%, including the … Continue reading Iberdrola’s net profit reached €2.07 Bn thanks to the international business
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EDP Renewables reaches a net profit of 265 million euros
Capacity under construction has reached record levels of 3.2 GW, with 1.8 GW of wind energy and 1.3 GW of solar power. EDP Renewables (Euronext: EDPR), the fourth largest renewable energy producer in the world, has reaffirmed the positive business trend it has reported since the beginning of the year, achieving a net profit of … Continue reading EDP Renewables reaches a net profit of 265 million euros
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