In the second week of May, prices in the main European electricity markets remained at similar levels to those of previous weeks, although the weekly average rose in most of them. The weekly average price fell only in the French market, which registered the lowest value, thus breaking the Iberian market’s streak of the lowest … Continue reading Photovoltaic and wind power in the second week of May
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Renewable energy passes 30% of world’s electricity supply
Renewable energy accounted for more than 30% of the world’s electricity for the first time last year following a rapid rise in wind and photovoltaic solar power, according to new figures. A report on the global power system has found that the world may be on the brink of driving down fossil fuel generation, even … Continue reading Renewable energy passes 30% of world’s electricity supply
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Analysis of clean technologies: solar photovoltaic, wind energy, batteries, electrolyzers and heat pumps
For every nation, clean technology manufacturing can bring economic security, employment, and resilience to clean energy transitions, says the IEA. The sector is now so significant that it’s also impacting overall GDP performance: in 2023, clean technology manufacturing alone accounted for around 4% of global GDP growth and nearly 10% of global investment growth. Here, … Continue reading Analysis of clean technologies: solar photovoltaic, wind energy, batteries, electrolyzers and heat pumps
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US wind and PV industry reports milestones and strong growth in first quarter
Operating utility-scale photovoltaic surpasses 100 GW. 5.6 GW of new clean power online in Q1 2024, up 28% year-over-year. First large-scale offshore wind power project in federal waters supplies 132 MW of grid capacity, In an impressive start to the year, the American Clean Power Association (ACP) revealed that the U.S. utility-scale solar, wind, and … Continue reading US wind and PV industry reports milestones and strong growth in first quarter
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Mexico must return to being a leader in wind energy
President López Obrador’s energy policy has made the development of wind energy in the country practically irrelevant.Everyone already knows that this six-year period was not the best for the world of energy; Those years in which the oil rounds were an example of the great interest of international companies in operating in our country are … Continue reading Mexico must return to being a leader in wind energy
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Renewables reached 64.6% in April in Spain: wind power (22.2%), hydraulic (19.7%) and solar photovoltaic (18.8%)
In April, renewables reached a share of 64.6% of the total monthly generation and, for the first time, three renewable technologies lead the mix: wind (22.2%), hydraulic (19.7%) and solar photovoltaic ( 18.8%), Electricity demand grows by 6.3% in the Balearic Islands and 4.7% in the Canary Islands, once the effects of work hours and … Continue reading Renewables reached 64.6% in April in Spain: wind power (22.2%), hydraulic (19.7%) and solar photovoltaic (18.8%)
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EDP reinforces investment in Australia through 1.3 GW wind offshore capacity awarded to Ocean Winds
The Australian Government awarded Ocean Winds, EDP Renewables and Engie’s joint venture dedicated to offshore wind energy, a license to potentially develop up to 1.3 GW off the coast of Gippsland. This investment in the southeastern coast of Australia reinforces EDP’s commitment to the country. Ocean Winds, an international company dedicated to offshore wind energy … Continue reading EDP reinforces investment in Australia through 1.3 GW wind offshore capacity awarded to Ocean Winds
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Copenhagen Infrastructure Partners secures two offshore wind feasibility licences in Australia and launches new platform company
Copenhagen Infrastructure Partners (CIP) has secured nearly 1,300km2 of seabed in Australia to progress two offshore wind projects and launched a new platform company – Southerly Ten. CIP, on behalf of its Flagship Funds, today announced it was successful in Australia’s first offshore wind Feasibility Licence process securing two licences. CIP has site exclusivity to … Continue reading Copenhagen Infrastructure Partners secures two offshore wind feasibility licences in Australia and launches new platform company
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Ørsted will sell its wind power and photovoltaic business in France
Ørsted and ENGIE have signed a share purchase agreement under which ENGIE will acquire OSTWIND International S.A.S., OSTWIND Engineering S.A., and their subsidiaries (jointly Ostwind France), Ørsted’s onshore wind and solar business in France. The transaction is expected to close in Q2 of 2024. Kieran White, Senior Vice President and Head of Onshore in Region … Continue reading Ørsted will sell its wind power and photovoltaic business in France
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The EU Grid Action Plan will help wind energy and photovoltaics, but urgent action is needed against excessive connection queues.
On 28 November the EU Commission launched an Action Plan for Grids – a 14-point plan to modernise Europe’s electricity grid and prepare for the renewables-based electrification of the energy system. It says €584bn of new investments are required by 2030 to upgrade Europe’s grids. Absolutely. And these investments can’t come soon enough. The current … Continue reading The EU Grid Action Plan will help wind energy and photovoltaics, but urgent action is needed against excessive connection queues.
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ACP Statement on White House, Department of Energy Transmission Announcements
The American Clean Power Association (ACP) released the following statement from CEO Jason Grumet after the White House and the U.S. Department of Energy announced several new measures to deploy and expand high-voltage transmission: “Today’s announcements reinforce the urgent need to expand and strengthen our nation’s electric grid. Our nation’s economic, security, and climate goals all hinge … Continue reading ACP Statement on White House, Department of Energy Transmission Announcements
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Iberdrola and Norges Bank Investment Management conclude negotiations to expand alliance to 2,500 MW of renewables in Iberia
Iberdrola and Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, have concluded negotiations to add an extra 644 MW of renewable energy in Spain to their Iberian clean energy alliance, with approximately 2,500 MW now under development. In January, both companies stated that they were negotiating exclusively to double the size of their … Continue reading Iberdrola and Norges Bank Investment Management conclude negotiations to expand alliance to 2,500 MW of renewables in Iberia
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Rocío Sicre, new president of the Spanish Wind Energy Association
The Board of Directors of the Wind Business Association (AEE) has unanimously elected Rocío Sicre del Rosal as president, who replaces Juan Diego Díaz, who has held the position since 2020.A key period is opening for wind energy and its consolidation as a leading technology in the Energy Transition, where Sicre has highlighted as objectives … Continue reading Rocío Sicre, new president of the Spanish Wind Energy Association
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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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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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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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Statkraft supplies hydropower and wind power to Deutsche Bahn
Statkraft, Europe’s largest producer of renewable power, and Deutsche Bahn have concluded further power purchase agreements (PPAs) for the supply of green power from hydropower and onshore wind farms. From the beginning of 2027 to the end of 2034, Statkraft will supply green electricity from hydropower directly to Deutsche Bahn from its two run-of-river power … Continue reading Statkraft supplies hydropower and wind power to Deutsche Bahn
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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Copenhagen Infrastructure Partners completes acquisition of New York onshore wind development portfolio
Copenhagen Infrastructure Partners (CIP), acting on behalf of its flagship fund, CI V, today announced the successful acquisition of Liberty Renewables, a 1.3 GW portfolio of onshore wind projects in New York. Established in 2019, Liberty Renewables (“Liberty”) owns a portfolio of greenfield renewable energy projects in New York. With a robust pipeline of approximately … Continue reading Copenhagen Infrastructure Partners completes acquisition of New York onshore wind development portfolio
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