Cumulative CSP installed capacity grew just over five-fold, globally, between 2010 and 2020, reaching around 6.5 gigawatts (GW) by the end of that period. Breaking the last five years of this down, after modest activity in 2016 and 2017 – with annual additions hovering around 100 megawatts (MW) per year – the global market for … Continue reading Concentrated Solar Power installed capacity grew just over five-fold between 2010 and 2020
Continue readingCategory Archives: Other renewables
Solar and wind power generation grows in Brazil
In the month of June, Brazil obtained a growth of 165.6 megawatts (MW) in the electrical matrix. Of this total, 87.6 MW are from wind farms, 49.6 MW from photovoltaic solar generation and 28.4 MW from thermoelectric plants. The calculations were made by the National Electric Energy Agency (Aneel). Wind energy represented 53% of the … Continue reading Solar and wind power generation grows in Brazil
Continue reading
Between 2010 and 2021, the cost of electricity of concentrated solar power (CSP) plants fell by 68%
Between 2010 and 2021, the global weighted average levelised cost of electricity (LCOE) of concentrated solar power (CSP) plants fell by 68%, from USD 0.358/kilowatt hour (kWh) to USD 0.114/kWh. Between 2010 and 2020, the global weighted average LCOE had declined by 70%, toUSD 0.107/kWh. This was primarily driven by reductions in total installed costs … Continue reading Between 2010 and 2021, the cost of electricity of concentrated solar power (CSP) plants fell by 68%
Continue reading
Wind Energy and Solar Power Industry Bodies Join Forces to Drive Investment into Africa’s Energy Transition
The Global Wind Energy Council (GWEC), the industry representative body for the wind energy industry globally, and SolarPower Europe, a member-led association for the European solar PV sector, have signed an agreement with RenewAfrica, and the Africa Solar Industry Association (AFSIA), to jointly organise the Africa Renewables Investment Summit (ARIS) – an event that seeks … Continue reading Wind Energy and Solar Power Industry Bodies Join Forces to Drive Investment into Africa’s Energy Transition
Continue reading
Photovoltaic, concentrated solar power and wind energy in European electricity futures markets
Important rises in European electricity futures markets in the first week of July. In the first week of July, European electricity futures prices for the next quarter and year rose in most markets, boosted by the increase in gas prices. In the case of France, where a significant part of the nuclear park is expected … Continue reading Photovoltaic, concentrated solar power and wind energy in European electricity futures markets
Continue reading
Green hydrogen for Acciaierie di Sicilia
EGP and Acciaierie di Sicilia are launching a new project for the production of green hydrogen: a sustainable solution to reduce the steel industry’s high greenhouse gas emissions. A new Enel Green Power project is taking off in Sicily that will see green hydrogen used to power heavy industry. The initiative, which is called “Sicilian … Continue reading Green hydrogen for Acciaierie di Sicilia
Continue reading
DNV and Pipeline Infrastructure Limited (PIL) collaborate to integrate hydrogen into PIL gas network assets in India
DNV is providing technical advice and support to Pipeline Infrastructure Limited (PIL) on the integration of blended hydrogen into its gas trunkline assets in India – including transmission pipelines, interconnects and spur lines, compressor, valve, and metering stations & equipment. PIL’s initiative is one of the first hydrogen blended related projects in the transmission space … Continue reading DNV and Pipeline Infrastructure Limited (PIL) collaborate to integrate hydrogen into PIL gas network assets in India
Continue reading
Capital Energy secures €165 million from MEAG for wind power and solar energy
The funds will go to four wind farms and a solar plant that will be able to satisfy the consumption of more than 250,000 homes with clean electricity each year.The operation, which has had the legal advice of Cuatrecasas and Ashurst, opens a new way of attracting economic resources for Capital Energy, whose renewable portfolio … Continue reading Capital Energy secures €165 million from MEAG for wind power and solar energy
Continue reading
Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis
New IRENA report shows almost two-thirds of renewable power added in 2021 had lower costs than the cheapest coal-fired options in G20 countries. The global weighted average cost of newly commissioned solar photovoltaic (PV), onshore and offshore wind power projects fell in 2021. This was despite rising materials and equipment costs, given that there is … Continue reading Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis
Continue reading
Iberdrola Brazil signs a €100 million green loan with the World Bank
Neonergia, the Brazilian subsidiary of the electricity company chaired by Ignacio Galán, obtains 550 million Brazilian reais for a term of eight years with a price linked to ESG objectives. The funding differential will be reduced if the company increases the number of female electricians and cuts the percentage of carbon emissions Iberdrola, through its … Continue reading Iberdrola Brazil signs a €100 million green loan with the World Bank
Continue reading
Statkraft supports financing of solar park with 5-year PPA
Statkraft, Europe’s largest producer of renewable energy, has signed a 5-year power purchase agreement (PPA) for the Strasen solar park. The Norwegian energy company is thus supporting the construction and operation of the 30 MW solar park. The solar park, which is being developed, pre-financed and built by the Baden-Württemberg-based solar developer Sunovis, will operate … Continue reading Statkraft supports financing of solar park with 5-year PPA
Continue reading
China’s total installed capacity of renewable energy generation has increased by around 90 times over the past 10 years
China’s total installed capacity of renewable energy generation has increased by around 90 times over the past 10 years, cementing its role as a global leader in renewable energy capacity growth. The country’s total installed capacity for renewable energy generation rose to 1.1 billion kilowatts during the last 10 years, with generation capacity of hydropower, … Continue reading China’s total installed capacity of renewable energy generation has increased by around 90 times over the past 10 years
Continue reading
Enel Green Power is building more than 1,130 MW of new renewable projects in Spain that will create 4,200 jobs
All renewable projects are proposed under a Shared Value Creation approach, incorporating primary or tertiary sector activities, conducting training courses to improve the employability of the local population, and promoting the energy transition in the municipalities. Enel Green Power España (EGPE) is building 27 renewable projects in Spain that will have a capacity of more … Continue reading Enel Green Power is building more than 1,130 MW of new renewable projects in Spain that will create 4,200 jobs
Continue reading
Sustainable energy: a revolutionary transformer is on the way
Introducing a new electric transformer for use in solar parks: it’s designed to function with biodegradable fluids, produces lower CO2 emissions and requires fewer materials for its construction. This is just one example of the “design to value” concept that is being launched worldwide and is initially being deployed in Spain. Completely eliminating CO2 emissions … Continue reading Sustainable energy: a revolutionary transformer is on the way
Continue reading
American Clean Power Week: Celebrate How Renewables Are Building the Clean Energy Economy This August
On the heels of the Fourth of July holiday honoring America’s independence, ACP and the clean power industry are turning the focus to America’s energy independence through our second annual American Clean Power Week (ACPW). American Clean Power Week 2022 From August 15 – 19, the clean power industry will participate in a nationwide celebration … Continue reading American Clean Power Week: Celebrate How Renewables Are Building the Clean Energy Economy This August
Continue reading
Iberdrola starts up its first photovoltaic plant in Italy
Suministrará energía suficiente para cubrir las necesidades de más de 12.000 hogares y evitará la emisión de 9.600 toneladas de CO2 a la atmósfera. Iberdrola busca triplicar su cartera de proyectos renovables en Italia hasta 2025 Iberdrola strengthens its presence in Italy with the construction of its first photovoltaic facility in the country, the 23 … Continue reading Iberdrola starts up its first photovoltaic plant in Italy
Continue reading
Investors want to finance more wind energy – Governments need to back this
On 28 June WindEurope CEO Giles Dickson spoke at an EU Commission Forum on Protecting and Facilitating Investment in the Single Market, organised by the Commission’s Directorate-General for Financial Stability and Capital Markets (DG FISMA). The main topic of discussion was how to facilitate sustainable investments. Investments in wind energy keep rising. Last year Europe … Continue reading Investors want to finance more wind energy – Governments need to back this
Continue reading
GE commissions 180 MW Bajoli hydro project in Himachal Pradesh
The project is already connected to the grid and each of the three units with 60 MW each generates electricity. Facility supplies hydropower to Delhi’s Indira Gandhi International Airport that recently became the first in India to run entirely on hydro and solar power. Another example of the GE’s commitment to driving decarbonization for India’s … Continue reading GE commissions 180 MW Bajoli hydro project in Himachal Pradesh
Continue readingEnel Green Power Spain installs 1,130 MW of wind energy and solar power
Endesa, through its renewable subsidiary Enel Green Power España (EGPE), is building 27 renewable projects in Spain that will have a capacity of more than 1,130 MW of new green energy in our country. To build these projects, so far this year, more than 4,200 professionals are working in these renewable facilities of the company. … Continue reading Enel Green Power Spain installs 1,130 MW of wind energy and solar power
Continue readingIRENA Presents Plan for China to Reach Carbon Neutrality through Renewables
As part of the strategic partnership with China, IRENA has launched a 13-Point Plan for the world’s biggest producer and consumer of energy in support of the country’s climate commitments. China aims for its carbon emissions to peak before 2030 and achieve carbon neutrality by 2060. While China’s scale, and the need to balance economic … Continue reading IRENA Presents Plan for China to Reach Carbon Neutrality through Renewables
Continue reading
