Today is the second anniversary of REPowerEU, the EU’s energy policy response to Russia’s invasion of Ukraine. REPowerEU has speeded up the permitting of wind farms and helped raise the share of wind in Europe’s electricity mix – it’s now 19%. The EU have now launched new initiatives to keep the momentum of REPowerEU by … Continue reading REPowerEU – EU presents new initiatives to strengthen energy security and accelerate transition to renewables
Continue readingCategory Archives: Other renewables
Photovoltaic and wind power in the second week of May
In the second week of May, prices in the main European electricity markets remained at similar levels to those of previous weeks, although the weekly average rose in most of them. The weekly average price fell only in the French market, which registered the lowest value, thus breaking the Iberian market’s streak of the lowest … Continue reading Photovoltaic and wind power in the second week of May
Continue reading
Acciona expands its presence and its social impact activities in the Philippines
ACCIONA, a global leader in sustainable infrastructure and renewable energy, is expanding its presence in the Philippines through the acquisition by ACCIONA Energía of an 80 % stake in Freya Renewables, a consulting firm for renewable development. On a visit to the country, José Manuel Entrecanales, chairman & CEO of ACCIONA, also committed to expanding … Continue reading Acciona expands its presence and its social impact activities in the Philippines
Continue reading
Renewable energy passes 30% of world’s electricity supply
Renewable energy accounted for more than 30% of the world’s electricity for the first time last year following a rapid rise in wind and photovoltaic solar power, according to new figures. A report on the global power system has found that the world may be on the brink of driving down fossil fuel generation, even … Continue reading Renewable energy passes 30% of world’s electricity supply
Continue reading
Analysis of clean technologies: solar photovoltaic, wind energy, batteries, electrolyzers and heat pumps
For every nation, clean technology manufacturing can bring economic security, employment, and resilience to clean energy transitions, says the IEA. The sector is now so significant that it’s also impacting overall GDP performance: in 2023, clean technology manufacturing alone accounted for around 4% of global GDP growth and nearly 10% of global investment growth. Here, … Continue reading Analysis of clean technologies: solar photovoltaic, wind energy, batteries, electrolyzers and heat pumps
Continue reading
Cosin’s Concentrated Solar Power pipeline reaches 1,360 MW
On April 22, 2024, we received the “Notification of Award” from Shandong Luneng Three Public Bidding Co., LTD., confirming that Cosin Solar won the bid for the solar field and MSR system equipment supply of the 100MW CSP part of the Luneng Fukang Hybrid Project (new energy marketization and grid connection project) (the “Project”), meaning that … Continue reading Cosin’s Concentrated Solar Power pipeline reaches 1,360 MW
Continue reading
US wind and PV industry reports milestones and strong growth in first quarter
Operating utility-scale photovoltaic surpasses 100 GW. 5.6 GW of new clean power online in Q1 2024, up 28% year-over-year. First large-scale offshore wind power project in federal waters supplies 132 MW of grid capacity, In an impressive start to the year, the American Clean Power Association (ACP) revealed that the U.S. utility-scale solar, wind, and … Continue reading US wind and PV industry reports milestones and strong growth in first quarter
Continue readingPhotovoltaic and wind energy production in the first week of May
In the week of April 29, prices in the main European electricity markets fell compared to the previous week. The exception was the Iberian MIBEL market, where prices rose, although they were the lowest again for the thirteenth consecutive week. Most markets registered negative hourly prices. Portugal and Italy broke the historical records for solar … Continue reading Photovoltaic and wind energy production in the first week of May
Continue reading
Renewables reached 64.6% in April in Spain: wind power (22.2%), hydraulic (19.7%) and solar photovoltaic (18.8%)
In April, renewables reached a share of 64.6% of the total monthly generation and, for the first time, three renewable technologies lead the mix: wind (22.2%), hydraulic (19.7%) and solar photovoltaic ( 18.8%), Electricity demand grows by 6.3% in the Balearic Islands and 4.7% in the Canary Islands, once the effects of work hours and … Continue reading Renewables reached 64.6% in April in Spain: wind power (22.2%), hydraulic (19.7%) and solar photovoltaic (18.8%)
Continue reading
Photovoltaic energy reaches all time highs in the Iberian Peninsula
European electricity market prices continue to recover, while photovoltaic energy reaches all time highs in the Iberian Peninsula. In the fourth week of April, prices continued to recover in the main European electricity markets. Even so, most markets registered negative prices for a few hours, especially on Sunday, April 28. In the MIBEL market, weekly … Continue reading Photovoltaic energy reaches all time highs in the Iberian Peninsula
Continue reading
Ørsted will sell its wind power and photovoltaic business in France
Ørsted and ENGIE have signed a share purchase agreement under which ENGIE will acquire OSTWIND International S.A.S., OSTWIND Engineering S.A., and their subsidiaries (jointly Ostwind France), Ørsted’s onshore wind and solar business in France. The transaction is expected to close in Q2 of 2024. Kieran White, Senior Vice President and Head of Onshore in Region … Continue reading Ørsted will sell its wind power and photovoltaic business in France
Continue reading
The EU Grid Action Plan will help wind energy and photovoltaics, but urgent action is needed against excessive connection queues.
On 28 November the EU Commission launched an Action Plan for Grids – a 14-point plan to modernise Europe’s electricity grid and prepare for the renewables-based electrification of the energy system. It says €584bn of new investments are required by 2030 to upgrade Europe’s grids. Absolutely. And these investments can’t come soon enough. The current … Continue reading The EU Grid Action Plan will help wind energy and photovoltaics, but urgent action is needed against excessive connection queues.
Continue reading
Iberdrola and Norges Bank Investment Management conclude negotiations to expand alliance to 2,500 MW of renewables in Iberia
Iberdrola and Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, have concluded negotiations to add an extra 644 MW of renewable energy in Spain to their Iberian clean energy alliance, with approximately 2,500 MW now under development. In January, both companies stated that they were negotiating exclusively to double the size of their … Continue reading Iberdrola and Norges Bank Investment Management conclude negotiations to expand alliance to 2,500 MW of renewables in Iberia
Continue reading
Clean Energy Industry Groups Issue Statement on New AD/CVD Petitions
Today, petitions were filed with the U.S. Department of Commerce and the U.S. International Trade Commission requesting imposition of anti-dumping and countervailing duties (AD/CVD) on crystalline silicon photovoltaic cells and modules imported from Cambodia, Malaysia, Vietnam, and Thailand. The Solar Energy Industries Association (SEIA), American Clean Power Association (ACP), Advanced Energy United (United), and American … Continue reading Clean Energy Industry Groups Issue Statement on New AD/CVD Petitions
Continue reading
Status of Concentrated Solar Power Plants Installed Worldwide
Solar energy is not only the most abundant energy on earth but it is also renewable. The use of this energy is expanding very rapidly mainly through photovoltaic technology. However, electricity storage remains a bottleneck in tackling solar resource variability. Thus, solar thermal energy becomes of particular interest when energy storage is required, as thermal … Continue reading Status of Concentrated Solar Power Plants Installed Worldwide
Continue readingSolar photovoltaic and wind energy in the third week of April
Gas and CO2 price rises drive European electricity markets, but the Iberian market resists. In the third week of April, prices rose in most major European electricity markets. The exception was the Iberian market, which had the lowest prices for the eleventh consecutive week. Gas and CO2 futures rose to prices not seen since the … Continue reading Solar photovoltaic and wind energy in the third week of April
Continue readingUnderstanding the implications of the intermittency of renewable energy is essential for energy market participants
Electricity demand is set to surge over the coming decades as addressing climate change becomes a key focus for societies globally and the energy transition advances. At the same time, traditional fossil fuel powered generation will increasingly be phased out in favour of renewable sources. On the face of it, that’s good news for power … Continue reading Understanding the implications of the intermittency of renewable energy is essential for energy market participants
Continue reading
Australia’s biggest wind power and photovoltaic auction set for May
The federal government has confirmed that the biggest tender for renewables ever held in Australia – for six gigawatts of wind and solar – will be held in May and the focus will be on NSW, where more than one third of the capacity will be reserved. The auction will be the first since federal … Continue reading Australia’s biggest wind power and photovoltaic auction set for May
Continue reading
Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development
The transition away from fossil fuels to renewables requires a new interpretation of the concept of energy security, according to a new report by the International Renewable Energy Agency (IRENA) published today. Geopolitics of the energy transition: Energy security outlines a multi-dimensional energy security concept for the 21st century. The systemic nature of the ongoing … Continue reading Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development
Continue reading
Bhutan and EIB sign 150 million Euro loan for hydropower and solar photovoltaic projects
Bhutan and the European Investment Bank (EIB) signed the first-ever EIB project supporting reliable, green, energy for communities in Bhutan through a 150 million Euro loan with a tenure of 30 years. The renewable energy framework loan was signed on the margins of the International Monetary Fund and the World Bank spring meetings on April … Continue reading Bhutan and EIB sign 150 million Euro loan for hydropower and solar photovoltaic projects
Continue reading
