RWE has successfully awarded 8 of the 57 wind projects in the latest bidding round. With an assured capacity of 108.7 MW, the Group is the second largest developer in terms of total awarded wind capacity.These results build on RWE’s previous success in 2023, when the Group was already in a leading position. These results … Continue reading RWE wins the largest number of onshore wind power projects in France’s latest tender
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Photovoltaic (PV) installations will reach 574 GW in 2024 worldwide
BloombergNEF highlights in a new report that developers installed 444 GW of new PV capacity worldwide in 2023. It says new installations could reach 574 GW in 2024, 627 GW in 2025 and 880 GW in 2030.The world could install up to 574 GW of new PV capacity this year, according to a new global … Continue reading Photovoltaic (PV) installations will reach 574 GW in 2024 worldwide
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Iberdrola and Exiom inaugurate their photovoltaic solar panel factory in Spain in spring
Iberdrola and Exiom will inaugurate this spring the first large solar panel factory in Spain, located in the Asturian municipality of Langreo, with which both companies seek, among other objectives, to reinforce their commitment to the economic reactivation of the mining basins. The project, which has funding from the Institute for the Just Transition (ITJ), … Continue reading Iberdrola and Exiom inaugurate their photovoltaic solar panel factory in Spain in spring
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Ethiopia seeks to harness its enormous renewable energy potential
Ethiopia has significant renewable energy potential, including hydroelectric, wind, solar and geothermal sources, with the capacity to generate more than 60,000 MW of electrical energy.The country is investing in several renewable energy projects, including the Grand Ethiopian Renaissance Dam (GERD), wind farms and geothermal plants, to improve energy security and support economic growth.While facing criticism … Continue reading Ethiopia seeks to harness its enormous renewable energy potential
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RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts
Construction activities are underway on an additional 770 megawatts of battery storage projects in the U.S. Globally, RWE’s battery storage capacity now stands at around 700 MW. RWE continues to deliver on its Growing Green Strategy. In the U.S., the company is further expanding its green energy portfolio with the recent completion of three new … Continue reading RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts
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Photovoltaic (PV) solar energy grows 56% in one year and reaches 39 GW in Brazil
Projections indicate that installed photovoltaic capacity should reach 45 GW in 2024. Brazil surpassed the mark of 39 GW in installed photovoltaic capacity of solar energy in the sum of GC (Centralized Generation) and DG (Distributed Generation), according to data from ANEEL (National Electric Energy Agency). According to the regulatory body, in February of last … Continue reading Photovoltaic (PV) solar energy grows 56% in one year and reaches 39 GW in Brazil
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Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024
Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024 Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2023 Developers and power plant owners plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024, according to our latest Preliminary Monthly Electric Generator … Continue reading Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024
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Iberdrola optimizes hydroelectric pumping in Galicia, and hybridizes a battery with pumping at the Santiago Sil – Xares plant
Iberdrola already has all the permits and previous authorizations for the improvement and optimization of the Santiago Sil – Xares pumped storage power plant. The project consists of the installation of a static starter and a 5 MWh battery that will make the coupling to the grid of the existing reversible pumping groups more flexible. … Continue reading Iberdrola optimizes hydroelectric pumping in Galicia, and hybridizes a battery with pumping at the Santiago Sil – Xares plant
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Adani Green Energy installs 51 MW solar photovoltaic (PV) plant in Khavda, Gujarat, India
India’s Adani Green Energy has brought online 551 MW of PV capacity in Khavda, Gujarat, supplying power to the national grid. Adani Green Energy (AGEL), India’s largest renewable energy (RE) company and the world’s second largest solar PV developer, achieved this milestone 12 months after commencing work on the Khavda RE park. Adani Green Energy … Continue reading Adani Green Energy installs 51 MW solar photovoltaic (PV) plant in Khavda, Gujarat, India
Continue readingThe solar renaissance and the dizzying growth of the photovoltaic market in the United States
The utility-scale photovoltaic (PV) market in the United States is experiencing extraordinary growth, with key market segments, prominent players, and federal policies driving this solar revolution. Technological advances and strategic partnerships are pushing the boundaries of solar efficiency and sustainability. In the United States, the utility-scale photovoltaic (PV) market is experiencing unprecedented growth, with cumulative … Continue reading The solar renaissance and the dizzying growth of the photovoltaic market in the United States
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Photovoltaic solar energy reduces electricity costs and carbon emissions for 2,000 Mauritian homes
The Central Electricity Board (CEB), under the Ministry of Energy and Public Utilities of Mauritius, has made significant strides in scaling up the deployment of solar (photovoltaics) PV systems under the Home Solar Project (HSP) scheme. The initiative is made possible through concessional funding from Abu Dhabi Fund for Development (ADFD), which has availed USD … Continue reading Photovoltaic solar energy reduces electricity costs and carbon emissions for 2,000 Mauritian homes
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Saudi Arabia advances its solar ambitions by prequalifying 23 major companies for 3.7GW photovoltaic projects
This round covers four solar photovoltaic (PV) Independent Power Plant (IPP) projects totalling 3,700 megawatts (MW). The Saudi Power Procurement Company (SPPC) has revealed the qualification of 23 firms for Round 5 of the National Renewable Energy Programme (NREP). This round covers four solar photovoltaic (PV) Independent Power Plant (IPP) projects totalling 3,700 megawatts (MW). … Continue reading Saudi Arabia advances its solar ambitions by prequalifying 23 major companies for 3.7GW photovoltaic projects
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1.44 GW of hybrid wind power and photovoltaic projects commissioned by 2023 in India
Renewable Energy Implementation Agencies (REIAs) in India, including Solar Energy Corporation of India, NTPC Ltd., SJVN Ltd. and NHPC Ltd., have floated tenders for several hybrid projects aimed at integrating solar PV and wind energy. These tenders cover hybrid solar-wind projects, projects that guarantee supply during peak hours and Round the Clock (RTC) renewable energy … Continue reading 1.44 GW of hybrid wind power and photovoltaic projects commissioned by 2023 in India
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Solar photovoltaic and wind energy in the fifth week of 2024
In the week of January 29, average prices in most major European electricity markets were similar to the previous week. Solar energy production continued to increase in most markets as the days got longer, while wind energy production was generally lower than the previous week. Demand decreased in almost all markets. CO2 futures continued to … Continue reading Solar photovoltaic and wind energy in the fifth week of 2024
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Africa installed 3.7 GW of photovoltaics in 2023 and reached 16 GW
According to new figures from the African Solar Industry Association (AFSIA), the continent’s cumulative installed PV capacity reached 16 GW at the end of December, based on 3.7 GW of new annual installations.About 65% of the new installations were industrial and commercial (C&I) power plants for self-consumption, AFSIA said. “Unlike other regions of the world, … Continue reading Africa installed 3.7 GW of photovoltaics in 2023 and reached 16 GW
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European photovoltaic (PV) generation to rise 50 TWh in 2024
European photovoltaic (PV) generation in Europe will increase by about 50 TWh in 2024, more than any other generation source, after the record 60 GW DC of photovoltaic (PV) installations in 2023, Rystad Energy said on Monday. The PV expansion is led by Germany, which last year added 14 GW DC, including 6.5 GW DC … Continue reading European photovoltaic (PV) generation to rise 50 TWh in 2024
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Longi will supply Naturgy with one million modules for photovoltaic projects in Spain
The Chinese photovoltaic module manufacturer Longi and Naturgy have signed a new agreement to supply panels to five of the electricity company’s projects in Spain throughout this year. Longi will ship just over one million modules of its Hi-MO 5 series, with a total production volume of 574 MWp. These bifacial modules feature a 21.3% … Continue reading Longi will supply Naturgy with one million modules for photovoltaic projects in Spain
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Italy invests 90 million euros in the expansion of Enel’s photovoltaic (PV) panel factory in Sicily
Italy has committed to investing €90 million in Enel’s photovoltaic panel factory located in Sicily, according to an announcement by Prime Minister Giorgia Meloni on Saturday. The substantial investment, sourced from the National Recovery and Resilience Plan (NRRP), is aimed at supporting Enel’s plan to transform the Sicilian facility into Europe’s primary site for solar … Continue reading Italy invests 90 million euros in the expansion of Enel’s photovoltaic (PV) panel factory in Sicily
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The largest photovoltaic (PV) park in the Balkans will be built in Trebinje, Bosnia
The largest photovoltaic park in the Balkans is under construction in Trebinje, Bosnia Herzegovina. This was reported by the Bosnian press. The acting director of the country’s Foreign Investment Promotion Agency (Fipa), Marko Kubatlija, had a meeting with representatives of the Hungarian company Lugos Renewables in order to support the project. Based on the memorandum … Continue reading The largest photovoltaic (PV) park in the Balkans will be built in Trebinje, Bosnia
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Photovoltaic, wind power capacity in China surpassing coal
Taken together, wind and solar power in China are set to overtake coal plants this year. In 2023, the country added 217 GW in photovoltaics in 2023, more than the rest of the world combined. The United States, the second-biggest market, hosted only 175 GW at the turn of the year. In its annual report, … Continue reading Photovoltaic, wind power capacity in China surpassing coal
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