Over half of Africa’s people – about 600 million – lack access to even the bare minimum of electricity. The tough question to answer is how access can be extended without adding to global warming by relying on fossil fuels. We – a team from Rwanda and Germany who work in the field of renewable … Continue reading 76% of Africa’s energy could come from photovoltaics and wind energy by 2040
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Spain wastes 2.1 billion in photovoltaic and wind energy due to lack of demand and networks
Last year, Spain added a renewable generation capacity of 8,400 megawatts to its electricity grid, made up of 5,899 megawatts of wind and photovoltaic energy, and around 2,500 photovoltaic megawatts for self-consumption. This dynamism in the renewable sector has not been accompanied by similar growth in grid infrastructure, resulting in areas where local grids lack … Continue reading Spain wastes 2.1 billion in photovoltaic and wind energy due to lack of demand and networks
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Why upgrading the international renewables classifications is crucial to the energy transitions
The energy systems today are more complex than ever. Countries are using more renewable energy solutions to move away from fossil fuels as the main source of energy in many contexts. This is good news for a cleaner and more sustainable energy future. But as the shift takes place, a few issues emerge in keeping … Continue reading Why upgrading the international renewables classifications is crucial to the energy transitions
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Commitment to photovoltaic energy in Europe results in record figures for a March month in several markets
In the first week of March, solar photovoltaic energy production reached the highest daily value for a March month in history in most major European electricity markets. This did not prevent weekly average market prices from being higher than in the previous week, supported by higher demand and gas and CO2 prices, as well as … Continue reading Commitment to photovoltaic energy in Europe results in record figures for a March month in several markets
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Advances in photovoltaics, wind power and hydraulics in Pakistan
Pakistan, a country with a growing population and increasing energy demand, has made significant progress in adopting renewable energy sources to meet its energy needs.The nation, known for its rich solar and wind resources, has been harnessing these abundant natural elements to transition to a cleaner, more sustainable energy future. First, let’s talk about the … Continue reading Advances in photovoltaics, wind power and hydraulics in Pakistan
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Iberdrola launches an offer to acquire 18.4% of its US subsidiary Avangrid
Iberdrola has launched an offer to acquire 18.4% of the capital of its US subsidiary, Avangrid. As reported by the company to the National Securities Market Commission (CNMV), the company is offering $34.25 per share, which represents a premium of approximately 10% compared to the weighted average share price of the last 30 days. Currently, … Continue reading Iberdrola launches an offer to acquire 18.4% of its US subsidiary Avangrid
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Solar photovoltaic and wind energy in February
European electricity markets in February reached their lowest prices since the first half of 2021. In February, prices in the main European electricity markets fell, most of them reaching the lowest levels since the first half of 2021. Photovoltaic energy reached the production record for a February month in Spain and Portugal, a milestone that … Continue reading Solar photovoltaic and wind energy in February
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Wind energy drives Spanish electricity market prices to their lowest week ever
In the week of February 26, prices in the European electricity markets were higher than in the previous week. The exception was the Iberian market, where prices fell and were the lowest, something that has been happening since February 18. Weekly Iberian wind energy production was the highest since October, which led to the lowest … Continue reading Wind energy drives Spanish electricity market prices to their lowest week ever
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Dismantling myths surrounding wind energy
Pedro Fresco presents his book Energy Fakes and dismantles some common myths about wind energy. The myths and mythologies that surround wind energy are not much different from those spread about photovoltaics. Renewable energies, in general, are the target of certain groups with political, economic, or personal interests who do not want a transition to … Continue reading Dismantling myths surrounding wind energy
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China needs 10 times its photovoltaic and wind energy to eliminate its CO2 emissions
According to a simulation model, almost 6 terawatts of renewable energy will be needed for the country to reach that goal in 2060.80 percent of solar PV and 55 percent of wind power will need to be installed within a 100-kilometer radius of major load centers to meet demand. China will need nearly 6 terawatts … Continue reading China needs 10 times its photovoltaic and wind energy to eliminate its CO2 emissions
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Italy is installing a large floating hybrid photovoltaic and wind power plant in the sea
A 540 megawatt (MW) hybrid floating wind and photovoltaic floating wind farm will be developed off the southern coast of Italy in the Ionian Sea. Dutch-Norwegian solar company SolarDuck, Italian investment fund Arrow Capital and Italian developer New Developments are jointly developing the Corigliano project, which will be in the Gulf of Taranto, off the … Continue reading Italy is installing a large floating hybrid photovoltaic and wind power plant in the sea
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Major growth of clean energy limited the rise in global emissions in 2023
Global energy-related CO2 emissions increased as exceptional droughts hit hydropower, but rise was lower than in 2022 thanks to expansion of technologies such as solar, wind & EVs. Global energy-related carbon dioxide (CO2) emissions rose less strongly in 2023 than the year before even as total energy demand growth accelerated, new IEA analysis shows, with … Continue reading Major growth of clean energy limited the rise in global emissions in 2023
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Acciona posts €541 million net profit (+22.6%), invests €3.32 billion (+66%)
ACCIONA posted a net profit of €541 million (+22.6%) in 2023. The company’s full-year results reflect a good performance in its Infrastructure division, the successful achievement of targets as previously announced by ACCIONA Energía and the impact of the full consolidation of Nordex and Renomar, in which the group acquired majority stakes last year. Total … Continue reading Acciona posts €541 million net profit (+22.6%), invests €3.32 billion (+66%)
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EDP Renewables year-end with 16.6 GW of installed renewable capacity, an increase of 12% compared to year-end 2022
The company has added 2.5 GW of renewable capacity throughout 2023, close to 1.5 GW of which corresponds to solar utily-scale projects, in line with the targets set out in its 2023-2026 business plan. The commissioning of hybrid projects in Portugal, Poland and Spain, as well as the implementation of 16 MW of storage in … Continue reading EDP Renewables year-end with 16.6 GW of installed renewable capacity, an increase of 12% compared to year-end 2022
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EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Photovoltaic Solar+Storage Energy Project
EDF Renewables North America today announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project. The carbon-free electricity generated by the 125 MWac solar photovoltaic (PV) system and 65 MW 4-hour Battery Energy Storage System (BESS) is guaranteed to begin delivery … Continue reading EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Photovoltaic Solar+Storage Energy Project
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European first-of-its kind photovoltaic (PV), wind power & storage combination
Global renewable energy company BayWa r.e. and Ampt, the #1 DC optimizer company for large-scale photovoltaic (PV) systems, announce the successful deployment of a unique combination of wind and solar generation together with battery storage within the microgrid at the Fraunhofer Institute for Chemical Technology (ICT) campus in Pfinztal, Germany. BayWa r.e. installed three new rooftop arrays … Continue reading European first-of-its kind photovoltaic (PV), wind power & storage combination
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AES awards TSK a 460 MW hybrid photovaltaic solar project (260 PV+200 BESS)
This new award in Puerto Rico is in addition to the plants executed by AES in the Dominican Republic, strengthening the alliance with the American energy company, which has a strong presence in the Caribbean region. The MARAHU project consists of two photovoltaic plants located in the south of Puerto Rico. The first facility will … Continue reading AES awards TSK a 460 MW hybrid photovaltaic solar project (260 PV+200 BESS)
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Naturgy increases its investment by 53% to 3 billion, focusing on energy transition and Spain
Naturgy improved its EBITDA in 2023 to 5,475 million euros (+11%) and recorded a net profit of 1.986 billion (+20%), in a year marked by falling energy prices and a volatile scenario. The networks business obtained an EBITDA of 2,638 million (+7%) and the deregulated businesses, 2.949 billion (+15%). Some 90% of the investment was … Continue reading Naturgy increases its investment by 53% to 3 billion, focusing on energy transition and Spain
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China needs huge expansion of photovoltaic solar, wind power to reach climate goals
China will need to expand its current solar and wind energy capacity by eight- to tenfold to fulfill its 2060 carbon neutrality goals, a University of California-led study has found. Achieving these aims will also require large-scale construction of transmission lines, as well as more coordinated national-level policies in place of impromptu local decisions, according … Continue reading China needs huge expansion of photovoltaic solar, wind power to reach climate goals
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North Africa’s Renewable Potential and Strategic Location Reinforce Its Role in Energy Transition
North Africa – Algeria, Egypt, Libya, Morocco, Tunisia, and Sudan – faces significant challenges due to climate change, which increasingly disrupts the region’s economies that rely on agriculture, fishery and tourism. Climate mitigation efforts, including renewable energy deployment is therefore crucial for the region’s climate resilience, while further developing their economies. Fortunately, the region is … Continue reading North Africa’s Renewable Potential and Strategic Location Reinforce Its Role in Energy Transition
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