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
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The changing shape of European energy storage
Energy storage has grown exponentially in Europe in recent years – and that pace is set to continue across the continent. So, how is the market evolving, and how can industrial players best position themselves to thrive in this fastmoving environment? We recently published an in-depth report – and infographic – that explores the changing … Continue reading The changing shape of European energy storage
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What happened at COP29?
The COP29 climate talks in Baku, Azerbaijan, finally ended around 5.30am on Sunday morning, almost 36 hours after they had been originally scheduled to close. The good news was that the negotiators representing about 200 countries agreed a deal on climate finance: flows of capital from developed countries to low and middle-income countries, to help … Continue reading What happened at COP29?
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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
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The Spanish Photovoltaic Union (UNEF) Hydrogen and Storage Summit will take place in Madrid on February 11 and 12
The Spanish Photovoltaic Union (UNEF) announces the celebration of the III Storage and Hydrogen Summit, which will take place on February 11 and 12, 2025 at the Novotel Madrid Center (Calle de O’Donnell, 53, Salamanca, 28009 Madrid). During two days of intense debates and round tables, experts from the energy sector will meet to address … Continue reading The Spanish Photovoltaic Union (UNEF) Hydrogen and Storage Summit will take place in Madrid on February 11 and 12
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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
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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
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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
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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
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RWE and Peabody Partner to Develop Photovoltaic Solar and Energy Storage Pipeline on Repurposed, Reclaimed Mine Lands
RWE, a leading renewable energy company, and Peabody (NYSE: BTU) announced a new partnership to strategically advance renewable energy projects by repurposing reclaimed land previously used for mining. This partnership brings together RWE’s expertise in developing and operating clean energy projects and Peabody’s significant land resources, particularly in the Midwest, as well as its industry-leading … Continue reading RWE and Peabody Partner to Develop Photovoltaic Solar and Energy Storage Pipeline on Repurposed, Reclaimed Mine Lands
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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
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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
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Spain approves 9 photovoltaic, hybrid and 200 MW storage projects in the second week of November
The Official State Gazette for the second week of November contains the announcements corresponding to 9 photovoltaic and hybrid projects for 802.58 MW, of which 311.2 MW are from Iberdrola.Environmental impact statement for the El Horizonte photovoltaic solar plant project, of 51.985 MW, and its evacuation infrastructure, in the province of Alicante, promoted by Viridi. … Continue reading Spain approves 9 photovoltaic, hybrid and 200 MW storage projects in the second week of November
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Trump could eliminate the United States as a leader in wind and photovoltaic energy
High above the sand dunes of China’s Kubuqi desert, nearly 200,000 solar panels have been carefully placed in rows to create the outline of a galloping steed. The giant horse is a cultural symbol for Inner Mongolia, the northern Chinese region where the massive Junma solar photovoltaic plant is located — but it also signifies … Continue reading Trump could eliminate the United States as a leader in wind and photovoltaic energy
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Global energy storage cell shipment ranking 1Q-3Q24
InfoLink Consulting has launched its global database of the lithium-ion battery supply chain, an essential element for the development of photovoltaic and wind energy. According to InfoLink’s global lithium-ion battery supply chain database, energy storage cell shipments reached 202.3 GWh in the first three quarters of 2024, up 42.8% YoY. The energy storage cell market … Continue reading Global energy storage cell shipment ranking 1Q-3Q24
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Lithium prices remain low, while cell prices drop further
Spot prices for battery-grade lithium carbonate stood at RMB 72,000-75,000/MT as of October 31. The average price was RMB 73,000/MT at the end of the month, down 4.8% MoM. CIF prices for Chinese lithium spodumene concentrate (SC6) came in at USD 735-790/MT and averaged USD 763/MT at the end of the month, down 4.1% MoM. … Continue reading Lithium prices remain low, while cell prices drop further
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Morocco plans largest photovoltaic solar power project
Morocco is planning to launch its largest photovoltaic and wind power project in Western Sahara Desert to supply electricity to Casablanca city through an electricity network stretching nearly 1,400 kilometres, newspapers reported on Tuesday. The project is based in Dakhla city in the disputed territory and is expected to be launched in January 2025, they … Continue reading Morocco plans largest photovoltaic solar power project
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Voltalia 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
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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
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Donald Trump’s promise to repeal Biden’s climate policies will cost the US billions, report says
Donald Trump could slow America’s rise as a clean energy superpower and lose billions of dollars in investment. China will benefit from Trump’s ignorance, becoming the undisputed world leader in wind power, photovoltaics, electric vehicles and batteries, among other sectors. Under Donald Trump, the United States will precipitate its decline. Trump said before his election … Continue reading Donald Trump’s promise to repeal Biden’s climate policies will cost the US billions, report says
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