Gas and CO2 price rises drive European electricity markets, but the Iberian market resists. In the third week of April, prices rose in most major European electricity markets. The exception was the Iberian market, which had the lowest prices for the eleventh consecutive week. Gas and CO2 futures rose to prices not seen since the … Continue reading Solar photovoltaic and wind energy in the third week of April
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Understanding the implications of the intermittency of renewable energy is essential for energy market participants
Electricity demand is set to surge over the coming decades as addressing climate change becomes a key focus for societies globally and the energy transition advances. At the same time, traditional fossil fuel powered generation will increasingly be phased out in favour of renewable sources. On the face of it, that’s good news for power … Continue reading Understanding the implications of the intermittency of renewable energy is essential for energy market participants
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José Donoso is elected president of the Committee of National Associations of SolarPower Europe
José Donoso, general director of the Spanish Photovoltaic Union (Unef), has been elected president of the Committee of the National Associations of SolarPower Europe and member of the Board of the European association. In the words of Walburga Hemetsberger, CEO of SolarPower Europe: “With our newly strengthened Board and through the appointment of José Donoso … Continue reading José Donoso is elected president of the Committee of National Associations of SolarPower Europe
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PowerChina launches construction of photovoltaic power plant in Algeria
Power Construction Corporation of China (PowerChina) on Monday started the construction of a photovoltaic power plant in northern Algeria, with a total installed capacity of 220 MW. Algerian Minister of Energy and Mines, Mohamed Arkab, attended the project’s groundbreaking ceremony in Bir Naam, Biskra province, 400 km southeast of the capital city of Algiers. Expected … Continue reading PowerChina launches construction of photovoltaic power plant in Algeria
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China’s installed photovoltaic capacity of solar power reaches around 660 GW
China adds 45.7GW of solar photovoltaic (PV) in Q1 2024, up from 33.7GW in Q1 2023. China’s National Energy Administration has unveiled that the country’s newly added solar photovoltaic capacity in the first quarter of 2024 was 45.74GW, up from 33.66GW in the same quarter last year. Previous data from the energy administration showed that … Continue reading China’s installed photovoltaic capacity of solar power reaches around 660 GW
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Soltec will supply 367 MW of photovoltaics from its SFOne tracker for X-Elio in Murcia
This plant will have SFOne trackers from Soltec. This double-row 1P tracker stands out for its great competitiveness and its low profile, which minimizes visual impact and maximizes energy efficiency. The project will have a total of 5,948 followers. In addition to the supply of the plant, which is scheduled to begin at the end … Continue reading Soltec will supply 367 MW of photovoltaics from its SFOne tracker for X-Elio in Murcia
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Wind power and photovoltaic installations increase in China in the first quarter
China’s installed capacity for power generation from wind and photovoltaics rose in the first quarter, which analysts attributed to rising domestic demand as China pursues sustainable development. Analysts refuted accusations of “overcapacity” recently spread by some Western countries, noting that such increases in new energy installations demonstrated China’s efforts to meet its commitment to achieve … Continue reading Wind power and photovoltaic installations increase in China in the first quarter
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Photovoltaic is developed in Zambia
Zambian President Hakainde Hichilema participated in the inauguration ceremony of the Itimpi solar photovoltaic power plant. Given the drought, this 60 MWp installation is designed to diversify the electricity mix. A year after the commissioning of the Riverside PV power plant, Zambian President Hakainde Hichilema returned to Kitwe for the inauguration of a second PV … Continue reading Photovoltaic is developed in Zambia
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Government data reports unprecedented capacity growth of American photovoltaic solar energy
Solar capacity additions hit the ground running in 2024, pushing renewables’ installed generating capacity past coal, according to new US Federal Energy Regulatory Commission (FERC) data. FERC reports in its latest “Energy Infrastructure Update,” with data through January 31, 2024 (which was reviewed by the SUN DAY Campaign) that solar accounted for 2,527 megawatts (MW) … Continue reading Government data reports unprecedented capacity growth of American photovoltaic solar energy
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These are the 4 innovations in photovoltaic solar energy that can revolutionize energy worldwide
UNEF, the Spanish Photovoltaic Union, within its commitment to promoting a fair and sustainable energy transition through innovation and research, commemorates International Earth Day for another year, emphasizing the need for both companies and public institutions to , continue betting on R&D&i as a basic tool to achieve national decarbonization objectives. “Innovation is like a … Continue reading These are the 4 innovations in photovoltaic solar energy that can revolutionize energy worldwide
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Australia’s biggest wind power and photovoltaic auction set for May
The federal government has confirmed that the biggest tender for renewables ever held in Australia – for six gigawatts of wind and solar – will be held in May and the focus will be on NSW, where more than one third of the capacity will be reserved. The auction will be the first since federal … Continue reading Australia’s biggest wind power and photovoltaic auction set for May
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Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development
The transition away from fossil fuels to renewables requires a new interpretation of the concept of energy security, according to a new report by the International Renewable Energy Agency (IRENA) published today. Geopolitics of the energy transition: Energy security outlines a multi-dimensional energy security concept for the 21st century. The systemic nature of the ongoing … Continue reading Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development
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The potential of photovoltaic energy in Brazil
Photovoltaics (PV) plays a fundamental role in the Brazilian electricity sector, contributing to a more sustainable energy matrix and customer savings. With a vast territory and abundance of solar resources, Brazil has enormous potential to generate photovoltaic energy, making this source a central piece in the transition towards a cleaner and renewable energy matrix.One of … Continue reading The potential of photovoltaic energy in Brazil
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Curtailment, record-low power prices threaten photovoltaic investments in Spain
Renewable energy promoters have underestimated the effects of restrictions and low wholesale prices, putting countries like Spain at risk of bankruptcy. In April, the average wholesale price in Spain reached a historic low of just over 5 euros per MWh.The situation is even worse if regional energy trade is taken into account. In Bulgaria, the … Continue reading Curtailment, record-low power prices threaten photovoltaic investments in Spain
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Bhutan and EIB sign 150 million Euro loan for hydropower and solar photovoltaic projects
Bhutan and the European Investment Bank (EIB) signed the first-ever EIB project supporting reliable, green, energy for communities in Bhutan through a 150 million Euro loan with a tenure of 30 years. The renewable energy framework loan was signed on the margins of the International Monetary Fund and the World Bank spring meetings on April … Continue reading Bhutan and EIB sign 150 million Euro loan for hydropower and solar photovoltaic projects
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Photovoltaic organizes the I Summit of Energy Communities
On April 25 and 26, the first Energy Communities Summit will be held in El Prat de Llobregat, organized by the Spanish Photovoltaic Union (Unef) in collaboration with ComEnerSys. The meeting will bring together the main experts in the sector to share good practices and experiences in management. The debate will analyze the six barriers … Continue reading Photovoltaic organizes the I Summit of Energy Communities
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Global photovoltaic capacity will reach 1.6 TW in 2023
Global photovoltaic capacity grew to 1.6 TW in 2023, up from 1.2 TW in 2022, according to the IEA-PVPS Snapshot of Global PV Markets 2024. The Photovoltaic Power Systems Program (PVPS) of the International Energy Agency (IEA) has published a comprehensive snapshot of the global photovoltaic market, covering installations, manufacturing, policy trends and grid integration.The analysts … Continue reading Global photovoltaic capacity will reach 1.6 TW in 2023
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Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of 2.5 times relative to 2023. Alliance members’ joint renewables ambition was announced alongside a grid infrastructure action plan. The plan, revealed at the … Continue reading Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
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Japan added 4 GW of PV in 2023, a slight decrease compared to 2022 values.
Japan is a leader in solar photovoltaic innovation. While ill-considered tariffs and silicon shortages have slowed domestic manufacturing and production, tensions between the United States and China could give Japan the opportunity to grow its solar industry.Japan’s solar photovoltaic (PV) industry would seem enviable for countries committed to a successful energy transition.Japan’s solar PV capacity … Continue reading Japan added 4 GW of PV in 2023, a slight decrease compared to 2022 values.
Continue readingWind energy and photovoltaic is boosting economic growth
Clean electricity accounted for around 80% of new capacity additions to the world’s electricity system in 2023, and electric vehicles for around one out of five cars sold globally. At the same time, global investment in clean energy manufacturing is booming, driven by industrial policies and market demand. Employment in clean energy jobs exceeded that … Continue reading Wind energy and photovoltaic is boosting economic growth
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