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
Continue readingCategory Archives: Uncategorized
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 reading
Wind 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
Continue reading
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
Continue reading
Seven countries now generate 100% of their electricity from renewable energy
Seven countries now generate nearly all of their electricity from renewable energy sources, according to newly compiled figures. Albania, Bhutan, Nepal, Paraguay, Iceland, Ethiopia and the Democratic Republic of Congo produced more than 99.7 per cent of the electricity they consumed using geothermal, hydro, solar or wind power. Data from the International Energy Agency (IEA) … Continue reading Seven countries now generate 100% of their electricity from renewable energy
Continue reading
Solar photovoltaic and wind energy in the second week of April
In the second week of April, prices in almost all major European electricity markets were higher than in the previous week, although in most of them the weekly average was below €50/MWh. The Iberian MIBEL market had the lowest prices for the tenth consecutive week. All markets, except Italy, registered negative hourly prices. The Spanish … Continue reading Solar photovoltaic and wind energy in the second week of April
Continue reading
Cape Verde invests in wind energy and storage
In Cape Verde, the Cabeolica company has obtained approval from the authorities to expand its wind energy production capacity on the island of Santiago. The company will also invest in electricity storage. Cape Verde’s renewable energy production capacity will increase in the near future. This promise has been made by the company Cabeolica, which has … Continue reading Cape Verde invests in wind energy and storage
Continue reading
Iberdrola’s renewable energy production reaches 10-year highs in Spain
Continued investments by the Iberdrola in renewables and its commitment to decarbonization has seen clean energy production in Spain reach a decade high. In the first quarter of 2024, the group generated 10,489 GWh with clean energy, an increase of 19.4% compared to the same period last year. The company has not had such a … Continue reading Iberdrola’s renewable energy production reaches 10-year highs in Spain
Continue reading
From solar photovoltaic and wind energy to electric vehicles: How China is overproducing green technology
China faces increased scrutiny from the West for its aggressive export practices: overcapacity and huge subsidies. The United States and the EU are working to ensure that their clean energy sectors are not eliminated by unfair competition. United States Treasury Secretary Janet Yellen warned China last weekend against overproducing clean-energy products such as solar panels, wind turbines … Continue reading From solar photovoltaic and wind energy to electric vehicles: How China is overproducing green technology
Continue reading
Bekaert joins TAILWIND Project to develop floating offshore wind mooring solutions
Floating offshore wind (FOW) can harness stronger and more consistent wind speeds compared to onshore and fixed-bottom offshore wind turbines. The TAILWIND Project will embrace sustainable-by-design principles to deliver advanced station-keeping technologies. The TAILWIND project, launched in January 2024, will deliver advanced station-keeping technologies, designed to maintain the position of floating offshore wind energy farms … Continue reading Bekaert joins TAILWIND Project to develop floating offshore wind mooring solutions
Continue reading
UKA places its next large order of 253 MW of wind power from the Nordex Group
UKA orders another 39 wind turbines. 253 MW of clean, economical and independent energy for six federal states. In three months, UKA has already ordered 450 MW from Nordex for German wind projects. At the end of March, wind and solar park developer UKA (Umweltgerechte Kraftanlagen GmbH & Co. KG) placed an order for 39 … Continue reading UKA places its next large order of 253 MW of wind power from the Nordex Group
Continue reading
Solar photovoltaic and wind energy in the last week of March
The Spanish electricity market registers negative prices for the first time and, together with Portugal, continues to have the lowest prices in Europe. In the last week of March, the Iberian MIBEL market registered the lowest prices in Europe for the eighth consecutive week and the Spanish market registered negative prices for the first time … Continue reading Solar photovoltaic and wind energy in the last week of March
Continue reading
Wind power generated 27.1% of electricity in Spain in March and photovoltaics 13.6%
The demand for electrical energy in Spain increases by 1.9% in March. Renewables reach a record monthly production (14,591 GWh) and also coverage in the mix (65.2%). Generation without emissions accounts for 82.2% of the total and reaches its highest share since records began. For the sixth consecutive month, wind energy continues to be the … Continue reading Wind power generated 27.1% of electricity in Spain in March and photovoltaics 13.6%
Continue reading
Cero to include battery storage in its 370 MW photovoltaic plant in Greece
Macquarie’s subsidiary Cero Development Hellas received a green light for adding batteries with an overall capacity of 749 MWh to its project for a 370 MW photovoltaic plant in Central Greece. Renewable energy investors are increasingly turning to batteries to keep their solar power projects on track. As electricity consumption in Greece is stagnating and … Continue reading Cero to include battery storage in its 370 MW photovoltaic plant in Greece
Continue reading
Airborne Wind Energy developer Kitemill prepares for 24hour operation and multi-device demonstrations
Norwegian Airborne Wind Energy developer Kitemill is preparing its technology for 24-hour continuous flights followed by multi-device demonstrations, marking a significant breakthrough for the industry. Kitemill CEO Thomas Hårklau said rapid advances will be made in 2024 after securing more than €2million in funding from Dutch investment entity Expanding Dreams. Together with smaller investors and … Continue reading Airborne Wind Energy developer Kitemill prepares for 24hour operation and multi-device demonstrations
Continue reading
China’s photovoltaic product exports amounted to US$47.59 billion in 2023
Chinese photovoltaic (PV) solar power industry urged to stay united in face of US pressure. Industry body says companies should avoid ‘disorderly and vicious’ competition. US Treasury Secretary Janet Yellen recently said she would push for measures to address overcapacity in China. The US has said it will target overcpacity in the Chinese solar power … Continue reading China’s photovoltaic product exports amounted to US$47.59 billion in 2023
Continue readingChina adds record 36.72 GW photovoltaic solar power in Jan-Feb 2024
China‘s photovoltaic (PV) solar power surge continues with a record-breaking installation of 36.72 GW in the first two months of 2024, as per the data released by the National Energy Administration on March 25th. By February’s end, China’s total power capacity reached 2.97 terawatts (TW), up by 14.7% from last year. Solar power alone contributed … Continue reading China adds record 36.72 GW photovoltaic solar power in Jan-Feb 2024
Continue reading
Vestas secures 554 MW wind order for V163-4.5 MW wind turbines in the US
Vestas has received a 554 MW order for an undisclosed wind farm in the US. The order consists of 123 V163-4.5 MW wind turbines, Vestas’ newest high-capacity factor wind turbine. The orders include the supply, delivery and commissioning of the wind turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement, … Continue reading Vestas secures 554 MW wind order for V163-4.5 MW wind turbines in the US
Continue reading
Conditions for the assembly, this year, of the first 46 large photovoltaic solar plants in Cuba
The investment project until 2028 foresees a total of 92 sites of 21 megawatts of power each. The completion of an investment process that includes, until 2028, the installation of 92 photovoltaic solar plants, with the capacity to generate 2,000 megawatts, has already been launched, Vicente de la O Levy, Minister of Energy and Mines, … Continue reading Conditions for the assembly, this year, of the first 46 large photovoltaic solar plants in Cuba
Continue reading
Peru: 4 wind energy and photovoltaic solar power plants begin operations in 2024
Investment in project execution exceeds US$530 million and will add 507 megawatts of power to the National Interconnected Electric System (SEIN). The investment in the execution of these projects exceeds 530 million dollars. These plants are located in the regions of Ica, Arequipa and Moquegua; and will help Peru increase the non-conventional renewable energy component … Continue reading Peru: 4 wind energy and photovoltaic solar power plants begin operations in 2024
Continue reading
