Demand for electricity in Spain increased by 1.5% in December. During this month of December, renewables generated 47.6%, with wind power being the leading technology in the national mix. In 2024, renewables will reach a share of 55.8% of the total Spanish mix, as Red Eléctrica anticipated in its year-end estimates, with photovoltaics reaching 16.7% … Continue reading During the month of December, renewables generated 47.6%, with wind energy being the leading technology in the mix in Spain
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Lithium carbonate prices decline in December, while cell prices stabilize at the bottom
Lithium carbonate prices declined in December, while SC6 prices rebounded after fluctuations Spot prices for battery-grade lithium carbonate stood at RMB 74,000-77,000/MT as of December 31. The average price was RMB 76,000/MT at the end of the month, down 2.6% MoM. CIF prices for Chinese lithium spodumene concentrate (SC6) came in at USD 810-860/MT, averaging … Continue reading Lithium carbonate prices decline in December, while cell prices stabilize at the bottom
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Hinen to Showcase Advanced Energy Storage Solutions at Solar Energy Expo 2025
From January 14-16, 2025. Solar Energy Expo 2025 will be held at PTAK International Exhibition Centre in Warsaw. This premier event, organized by PTAK Warsaw Expo, is a hub for renewable energy innovation in Central and Eastern Europe, showcasing the latest in solar technology. At that time, Hinen Polandwill jointly participate in the expo with … Continue reading Hinen to Showcase Advanced Energy Storage Solutions at Solar Energy Expo 2025
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Renewable energy production grew by 11% in 2024 in the Netherlands
Driven by photovoltaic solar and wind energy, Dutch renewable power generation increased by 11% in 2024, as green energy was behind 54% of the total power production. Renewable energy production grew by 11% in 2024, according to new figures released by Energieopwek. In the past year, there were more green electricity surpluses which resulted in … Continue reading Renewable energy production grew by 11% in 2024 in the Netherlands
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Baseload power plants are not needed to maintain supply in an energy system dominated by wind power and photovoltaics (PV)
Baseload power plants are not needed to maintain supply in an energy system dominated by wind power and photovoltaics (PV), and only have a place in future systems if they help reduce costs, say researchers in Germany. In a new report, researchers from the German Academy of Sciences and Engineering (acatech) show that energy systems … Continue reading Baseload power plants are not needed to maintain supply in an energy system dominated by wind power and photovoltaics (PV)
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ScottishPower Renewables welcomes Taylor Woodrow to East Anglia TWO
ScottishPower Renewables’ East Anglia TWO offshore windfarm has given a further boost to the UK economy with confirmation that Watford-based Taylor Woodrow is the latest addition to the supply chain family for its £4 billon offshore windfarm off the coast of Suffolk. The contract will see the leading construction company deliver the civil engineering works … Continue reading ScottishPower Renewables welcomes Taylor Woodrow to East Anglia TWO
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The IEA in 2024: Reviewing the year
The past year was a productive and dynamic one for the International Energy Agency as it marked its 50th anniversary and delivered on the mandates set by its Member governments to support energy security and clean energy transitions. The activities of the IEA throughout 2024 were reviewed last week during the December meeting of the … Continue reading The IEA in 2024: Reviewing the year
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European electricity market prices rose over Christmas week as wind power fell and gas rose
In the fourth week of December, prices in most major European electricity markets rose, exceeding €100/MWh on a weekly average. These rises were driven by lower wind production in most markets, together with higher gas and CO2 prices, despite reduced demand due to the Christmas holidays and an increase in solar photovoltaic generation compared to … Continue reading European electricity market prices rose over Christmas week as wind power fell and gas rose
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World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
SunCable receives approval to export photovoltaic (PV) electricity from Australia to Singapore via a 4,300-kilometer underwater cable. The power will come from the world’s largest photovoltaic and battery park, to be built in northern Australia at a cost of 35 billion dollars.SunCable receives approval to export renewable electricity from Australia to Singapore via a 4,300-kilometer … Continue reading World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
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Spain has 29 projects from the EU Innovation Fund, with more than 1,286 million in aid
Spain has a total of 29 projects awarded under the EU Innovation Fund, linked to a volume of aid of 1,286 million euros, making it the country with the most beneficiary projects. The projects, widely distributed geographically, will be developed in very diverse sectors, such as the manufacture of photovoltaic modules and wind turbines, the … Continue reading Spain has 29 projects from the EU Innovation Fund, with more than 1,286 million in aid
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‘China price’ offers valuable certainty to global photovoltaic (PV) industry
Following the recent approval from the China Securities Regulatory Commission, the Guangzhou Futures Exchange launched polysilicon futures on Thursday, with polysilicon options scheduled to debut on Friday. This landmark move not only marks a significant step for China in establishing a pricing mechanism for polysilicon but also indicates that China’s position in the global photovoltaic … Continue reading ‘China price’ offers valuable certainty to global photovoltaic (PV) industry
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Batteries set to drive rapid photovoltaic growth
Chemical battery storage, led by lithium, has made such significant strides in terms of cost, capacity and technology that batteries are now positioned to accelerate our already exponential photovoltaic solar growth. “But what happens when the sun goes down?” This age-old refrain now has a definitive answer: “Batteries take over.” Throughout 2023 and 2024, lithium-based … Continue reading Batteries set to drive rapid photovoltaic growth
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Electricity access continues to improve in 2024 – after first global setback in decades
People without access to electricity declined in 2023, a trend set to continue in 2024 The IEA’s latest data show the number of people without access to electricity declined by more than 10 million from over 760 million in 2022 to below 750 million in 2023. This follows a period of stagnation and setbacks in … Continue reading Electricity access continues to improve in 2024 – after first global setback in decades
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Wind power and photovoltaic solar energy overtakes thermal power in China’s coal-rich Inner Mongolia
The installed new energy capacity, which includes wind power and photovoltaic solar energy, in North China’s coal-rich Inner Mongolia autonomous region has surpassed 120 million kilowatts, exceeding the region’s installed thermal power capacity for the first time. Inner Mongolia has achieved this milestone one year ahead of schedule, most recently having connected a 1-million-kilowatt photovoltaic … Continue reading Wind power and photovoltaic solar energy overtakes thermal power in China’s coal-rich Inner Mongolia
Continue readingThe new capacity market, key to battery deployment in Spain
The new capacity market aims to guarantee the security of electricity supply and promote the development of key technologies such as batteries. This market provides a stable source of revenue for energy storage projects, essential for the transition to a more renewable and flexible system. The capacity market is emerging as an essential tool to … Continue reading The new capacity market, key to battery deployment in Spain
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Wind energy takes center stage in the second-to-last week of 2024 and, together with lower demand, drives down electricity market prices across Europe
In the penultimate week of 2024, prices in the main European electricity markets fell, after several weeks of increases. This fall was favored by increased wind energy production and lower electricity demand, associated with cooler temperatures. In addition, solar photovoltaic energy production increased in several markets, and again broke records for a December day in … Continue reading Wind energy takes center stage in the second-to-last week of 2024 and, together with lower demand, drives down electricity market prices across Europe
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The new capacity market, key to battery deployment in Spain
The new capacity market aims to guarantee the security of electricity supply and promote the development of key technologies such as batteries. This market provides a stable source of revenue for energy storage projects, essential for the transition to a more renewable and flexible system. The capacity market is emerging as an essential tool to … Continue reading The new capacity market, key to battery deployment in Spain
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Cheaper electric cars: the key to unlocking mass-market adoption
The transition to electric mobility continues to advance rapidly, reshaping global energy and auto markets. Electric car sales in 2024 are anticipated to be robust, with around 17 million units sold over the course of the year. More than one in five cars sold worldwide this year is expected to be electric. Growth has been … Continue reading Cheaper electric cars: the key to unlocking mass-market adoption
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U.S. Department of Energy Selects 11 Projects to Advance Domestic Manufacturing of Next-Generation Batteries
The U.S. Department of Energy (DOE) today announced an investment of $25 million across 11 projects to advance materials, processes, machines, and equipment for domestic manufacturing of next–generation batteries. These projects will advance platform technologies upon which battery manufacturing capabilities can be built, enabling flexible, scalable, and highly controllable battery manufacturing processes. Batteries are … Continue reading U.S. Department of Energy Selects 11 Projects to Advance Domestic Manufacturing of Next-Generation Batteries
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EDP awarded with 160MW of capacity contracts for its first storage projects in Poland
EDP Renewables has been awarded with contracts for its two first battery energy standalone storage projects in Poland. The contracts, that will last for a period of 17 years, were granted by the Polish Grid Operator (PSE) in the recent capacity market auction and will amount to a total installed capacity of 160MW. Located in … Continue reading EDP awarded with 160MW of capacity contracts for its first storage projects in Poland
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