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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Alter Enersun develops 1,000 MW of photovoltaic and wind power to supply the grid and hydrogen projects in Huelva
Alter Enersun develops 1000 MW of photovoltaic and wind energy to supply the grid and hydrogen projects in HuelvaThe projects will provide renewable energy on a self-consumption basis without surpluses, will require an investment of around 700 million euros and will be built between 2023 and 2028.The plan includes the construction of a total of … Continue reading Alter Enersun develops 1,000 MW of photovoltaic and wind power to supply the grid and hydrogen projects in Huelva
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Solar photovoltaic (PV) hit record level, China leads
In a groundbreaking revelation, a report from the International Energy Agency (IEA) has highlighted a remarkable surge in global solar photovoltaic (PV) capacity additions, soaring by over 80 percent between 2022 and 2023. The report underscores a seismic shift towards renewable energy sources, with solar power leading the charge. China emerges as the dominant player … Continue reading Solar photovoltaic (PV) hit record level, China leads
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From rooftops to roads: innovative applications of photovoltaic (PV) technology
Photovoltaic technology can be found everywhere, from rooftop solar panels on city buildings to large solar farms in rural areas. It can also be found in space, powering satellites and other craft, the longest-running application for solar panels. Image Credit: Tom Wang/Shutterstock.com In many parts of the world, solar panels provide the lowest-cost option for electricity. … Continue reading From rooftops to roads: innovative applications of photovoltaic (PV) technology
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Photovoltaic (PV) surpasses gas and already supplies almost 10% of the electricity in mainland Spain
Renewables generated 52.1%, up to 12,202 GWh of electricity, with wind power being the first source of generation in Spain for the fourth consecutive month with 24.6% of all electricity production for the month. For their part, technologies free of CO2 equivalent emissions accounted for 75.3% of this month’s mix. National electricity demand experienced an … Continue reading Photovoltaic (PV) surpasses gas and already supplies almost 10% of the electricity in mainland Spain
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China’s growth in utility-scale photovoltaic surpassed that of rooftops last year
China installed more solar panels in power plants than on rooftops last year for the first time since 2020 as President Xi Jinping’s push to build large-scale renewable facilities in inland deserts boosted growth. The country added 120 gigawatts of utility-scale solar projects, exceeding the 96.3 gigawatts of new distributed capacity, which are mainly on … Continue reading China’s growth in utility-scale photovoltaic surpassed that of rooftops last year
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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
Continue readingEDP Renewables secures largest Singapore public tender to install up to 200 MWp solar photovoltaic capacity
EDP Renewables (Euronext: EDPR), a global leader in renewable energy development, has been awarded Phase 8 of the SolarNova program, a Singapore public tender to select a developer of distributed solar energy. The auction was jointly led by Singapore’s Housing and Development Board and Singapore’s Economic Development Board. The company commits to deliver a minimum tender … Continue reading EDP Renewables secures largest Singapore public tender to install up to 200 MWp solar photovoltaic capacity
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Wind energy records for a February month in Portugal and France
In the week of February 19, European electricity market prices fell compared to the previous week, with the MIBEL market showing the lowest prices. The increase in wind energy production and the decrease in gas and CO2 prices favored this behavior. Portugal and France registered the highest wind energy production for a February month, and … Continue reading Wind energy records for a February month in Portugal and France
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Iberdrola will build the largest photovoltaic plant in Italy
Iberdrola has signed an agreement with IB Vogt for the construction of a 245 MW photovoltaic project in Sicily, to which a further 60 MW could be added, bringing the total to 305 MW. In any case, the initial project has sufficient capacity to cover the needs of more than 140,000 families with emission-free green … Continue reading Iberdrola will build the largest photovoltaic plant in Italy
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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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Mexico has the potential to develop more photovoltaic plants: AMIF
In Mexico there is an excellent opportunity to develop photovoltaic plants, stated Carlos Ortiz, former president of the Mexican Association of the Photovoltaic Industry (AMIF). According to the expert, the average amount of solar radiation received in the country is five kilowatt hours (kWh) for every square meter per day. “In general, there are elements … Continue reading Mexico has the potential to develop more photovoltaic plants: AMIF
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The United States installed 63 GW of new power generation this year, of which photovoltaic accounted for 60 percent.
According to the U.S. Energy Information Administration, the U.S. will add 62.8 gigawatts (GW) of installed utility-scale generation in 2024. According to the U.S. Energy Information Administration’s latest forecast, in 2024, the U.S. will add 62.8 gigawatts of new utility-scale power generation. This new capacity compared to 40.4 GW in 2023, an increase of 55%. … Continue reading The United States installed 63 GW of new power generation this year, of which photovoltaic accounted for 60 percent.
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