Iran’s renewable power capacity has reached 1,317 megawatts (MW), according to the latest data from the country’s Renewable energy and Energy Efficiency Organization (SATBA). Of this total, photovoltaic solar power plants contribute the largest share at 60 percent, equivalent to 608.03 MW, while wind power plants account for 29 percent, or 376.3 MW. Small hydropower … Continue reading Iran’s photovoltaic and wind power plants’ capacity reaches 1,317 MW
Continue readingCategory Archives: Other renewables
Naturgy and the EIB agree on a €1 billion loan to invest in solar photovoltaic and onshore wind energy projects in Spain
Naturgy and the EIB have signed a first tranche of this financing worth €400 million of the total approved €1 billion. The loan will finance the start-up of new renewable energy plants and the repowering and hybridisation of existing ones. Upon completion, the project is expected to generate green energy equivalent to the approximate average … Continue reading Naturgy and the EIB agree on a €1 billion loan to invest in solar photovoltaic and onshore wind energy projects in Spain
Continue reading
Solar energy is losing market value, wind energy maintains it better
In recent times, solar photovoltaic energy has experienced unprecedented growth in many countries. Spain is a particularly clear example, where more than 3 GW have been installed annually since 2019, with 5.5 GW installed last year (excluding self-consumption, which adds a significant contribution). As a result, solar energy is becoming one of the key players … Continue reading Solar energy is losing market value, wind energy maintains it better
Continue reading
EU’s energy security architecture – the way forward
Energy security has risen to the top of the EU’s political agenda, yet much remains to be done. The EU cannot continue relying on imported fossil fuels, putting its energy security in the hands of hostile nations. This becomes critical considering the US president-elect’s calls for reduced US military engagement in Europe. Solutions like wind, … Continue reading EU’s energy security architecture – the way forward
Continue reading
China’s New Renewable Energy Plan: Key Insights for Businesses
China’s new renewable energy plan aims to significantly boost the country’s renewable energy consumption, setting ambitious targets for 2025 and 2030. Unlike previous plans focused primarily on capacity installation, the new strategy emphasizes maximizing renewable energy utilization through infrastructure upgrades and sectoral integration across industries, including transportation, agriculture, and manufacturing. This shift is expected to … Continue reading China’s New Renewable Energy Plan: Key Insights for Businesses
Continue reading
Hybrid technology boosts wind and solar photovoltaic energy
Increasingly weather-dependent electricity production makes grid operation more complex. A plant in Hjuleberg, Sweden, is using a solution based on new smart technology, combining wind power and batteries to bring optimum stability to the grid. Wind and solar power are the fastest-growing energy sources in the world today, thanks to their low climate impact and … Continue reading Hybrid technology boosts wind and solar photovoltaic energy
Continue reading
Portugal breaks new records in wind power and pumping
Between January and October, renewable energies supplied 72% of electricity consumption in Portugal. During this period, hydroelectric energy was responsible for supplying 30% of consumption, wind energy 26%, photovoltaic energy 10% and biomass 6%.According to the latest data from REN – Redes Energéticas Nacionais, the electrical system set new historical records in renewables this Sunday, … Continue reading Portugal breaks new records in wind power and pumping
Continue reading
European wind energy continued to curb the effect of the gas price rise on electricity markets in the third week of November
In the third week of November, average prices in most major European electricity markets declined compared to the previous week. On Sunday, November 24, several markets registered the lowest daily price since at least the last three months. High wind energy production, which during the week reached historical or November records in the main European … Continue reading European wind energy continued to curb the effect of the gas price rise on electricity markets in the third week of November
Continue reading
EU’s energy security architecture – the way forward
Energy security has risen to the top of the EU’s political agenda, yet much remains to be done. The EU cannot continue relying on imported fossil fuels, putting its energy security in the hands of hostile nations. This becomes critical considering the US president-elect’s calls for reduced US military engagement in Europe. Solutions like wind, … Continue reading EU’s energy security architecture – the way forward
Continue reading
Sungrow Hydrogen’s 2.6GW wind power and photovoltaic solar project starts construction
Sungrow Hydrogen recently has signed a cooperation agreement with China Tianying Inc. for the Tianying Green Hydrogen, Green Ammonia and Green Methanol Project. Sungrow Hydrogen will deliver 16 sets of 1000Nm³/h ALK hydrogen production system, including ALK electrolyzers, PWM hydrogen production power supply, as well as gas-liquid separation equipment, hydrogen purification equipment, for this project. … Continue reading Sungrow Hydrogen’s 2.6GW wind power and photovoltaic solar project starts construction
Continue reading
Spain’s photovoltaic solar power poised to surpass wind power
Spain’s solar power is on track to overtake wind power as the leading source in the country’s expanding renewable energy sector, which now accounts for more than half of the total energy mix, industry insiders told Xinhua. Renewable energy sources have supplied 57.5 per cent of Spain’s electricity production this year, according to the association … Continue reading Spain’s photovoltaic solar power poised to surpass wind power
Continue reading
Yesterday, wind power reached a new historical generation maximum in Spain with 433.7 GWh, 52% of the daily mix
On July 12 of this year, solar photovoltaic energy surpassed its daily production records by reaching a contribution of 211.9 GWh, with which it achieved a share of 25.4% in the national generation structure. Spanish renewables are expected to exceed their entire annual production for 2023 today, which would mark a new historical milestone for … Continue reading Yesterday, wind power reached a new historical generation maximum in Spain with 433.7 GWh, 52% of the daily mix
Continue reading
Spain and Portugal both get 40% of their electricity from photovoltaic and wind power
European neighbors Portugal and Spain are currently neck-and-neck in the race to roll out solar and wind power. On the chart, you can see the share of electricity from the combination of solar and wind in each country. Their rate of progress has been very similar. In 2023, both countries generated around 40% of their … Continue reading Spain and Portugal both get 40% of their electricity from photovoltaic and wind power
Continue reading
Progress since COP28 on transitioning away from fossil fuels
At COP28, global leaders united under the ambitious ‘UAE Consensus’ to push ambition closer to the 1.5C climate target. Their headline commitment: transition away from fossil fuels. This commentary looks to see where we are 12 months later, as this week G20 leaders reconfirmed their support for the agreements made in the COP28 global stocktake … Continue reading Progress since COP28 on transitioning away from fossil fuels
Continue reading
Photovoltaic and wind energy in the second week of NovemberPhotovoltaic and wind energy
Wind power prevents rising gas prices from driving up European electricity market prices in the second week of November. In the second week of November, average prices in most major European electricity markets exceeded €100/MWh, although they were lower than the previous week. This decrease occurred thanks to the increase in wind energy production and … Continue reading Photovoltaic and wind energy in the second week of NovemberPhotovoltaic and wind energy
Continue reading
The impact of Republican control on US energy policy and the IRA
We expect renewables to remain competitive, and while protectionism will rise, a full repeal of Inflation Reduction Act (IRA) is unlikely. Following the US election, our experts from across the energy sector have worked to produce a cross-commodity report – ‘A second Trump administration Part 2: A deep dive into energy and commodities‘ – outlining … Continue reading The impact of Republican control on US energy policy and the IRA
Continue readingVoltalia and TAQA Arabia to develop 3 GW wind power and photovoltaic plant in Egypt
As the wind turbines near the end of their operational lifespan, Voltalia and TAQA Arabia have proposed a modern hybrid renewable energy solution. Voltalia and TAQA Arabia have partnered to replace the capacity of the ageing Zafarana wind farm in Egypt with a 3 GW wind-solar photovoltaic complex. In this regard, the two companies signed … Continue reading Voltalia and TAQA Arabia to develop 3 GW wind power and photovoltaic plant in Egypt
Continue reading
Acciona Energía sells 626 MW hydro portfolio in Spain to Endesa for €1 billion
ACCIONA Energía has reached an agreement with Endesa for the sale of 100% of the Corporación Acciona Hidráulica, S.L. company for €1 billion (Enterprise Value). The transaction is free of debt and will generate estimated capital gains of €620 million. Closing is anticipated in the first half of 2025, following the necessary antitrust and foreign … Continue reading Acciona Energía sells 626 MW hydro portfolio in Spain to Endesa for €1 billion
Continue reading
A 70 GW photovoltaic and wind energy project in Australia, the largest in the world
Today, let’s talk about a massive renewable project proposed in Australia: the Western Green Energy Hub (WGEH). The figures are staggering. This is one of the largest and most ambitious renewable energy projects in the world, planned to cover an area of no less than 22,700 square kilometers on the desert coast of Western Australia. … Continue reading A 70 GW photovoltaic and wind energy project in Australia, the largest in the world
Continue reading
Green energy corridors for Central Asia and the Caucasus
COP29 host Azerbaijan and its neighbors are still largely fossil dependent, but regional collaboration around renewables could usher in a new era. ? Download PDF Ufuk Alparslan Regional LeadEmber This study analyses the current electricity mix, untapped renewable energy potential and energy transition commitments across Central Asia and the Caucasus. It highlights the role of … Continue reading Green energy corridors for Central Asia and the Caucasus
Continue reading
