Category Archives: photovoltaic

China photovoltaic (PV) industry ranks first in globe

China’s photovoltaic industry absolutely ranks first in the globe in terms of not only market size, technology level, production and manufacturing, but also completeness of the industrial chain. “I’m firmly convinced that the month-on-month decline in PV product exports will not be a long-term trend, but a volatile upward growth trend,” Liu Yiyang, Deputy Secretary … Continue reading China photovoltaic (PV) industry ranks first in globe

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Wind power continues to be the generation leader in Spain with 31.2% of the total in February and photovoltaic power reaches 11.3%

National electricity demand experienced an increase of 0.8% in February compared to the same month of the previous year, once the effects of temperature and calendar were discounted. In gross terms, a demand of 20,058 GWh is estimated, 1.8% lower than that of February 2023.Evolution of monthly demand in Spain until February 2024. In the … Continue reading Wind power continues to be the generation leader in Spain with 31.2% of the total in February and photovoltaic power reaches 11.3%

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Low electricity prices pose a threat to photovoltaics

We begin with an article by Pilar Sánchez Molina in PV-Magazine about the current state of electricity prices in Spain. A couple of weeks ago, photovoltaic generation reached historic levels in Spain, Portugal, and Italy for the month of February. At first glance, these are good news to celebrate, but as renewable generation increases, electricity … Continue reading Low electricity prices pose a threat to photovoltaics

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France reaches 20 GW of photovoltaics (PV)

France reaches milestone with 20 GW of solar PV capacity in 2023, demonstrating its commitment to renewable energy. Regional contributions and future perspectives are highlighted.France has marked an important milestone in its renewable energy journey by connecting approximately 955 MW of new photovoltaic systems to the grid in the last quarter of 2023, according to … Continue reading France reaches 20 GW of photovoltaics (PV)

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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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Global ranking of photovoltaic modules in 2023

Demand in 2023 remained strong despite market disruptions by supply and inventory issues in the second half of the year. Shipment volumes of the list of manufacturers increased significantly, up by 78% YoY. There is a clear distinction among module makers, with top-ranked companies remained the same as the previous year, but the second-ranked companies … Continue reading Global ranking of photovoltaic modules in 2023

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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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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

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EDP 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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