With more than 23% of demand coverage, thanks to wind power, the price of electricity was reduced by 19% in 2023 in Spain

The Wind Yearbook, a reference publication prepared by the Wind Business Association (AEE), reflects the most representative data on the contribution of wind energy in Spain and in the world. SPAIN IS A LEADER IN WIND GENERATION. Main figures of the sector: Wind energy is the technology that contributes the most to our energy system, … Continue reading With more than 23% of demand coverage, thanks to wind power, the price of electricity was reduced by 19% in 2023 in Spain

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Floating photovoltaics (FPV) is fast becoming cost-competitive

An analysis that compared the benefits of floating solar panels to the construction of new dams found that solar panels could negate the need for more dams.  According to Anthropocene Magazine, the study is the first to analyze floating solar panels on a continental scale. The study focused on Africa, where electricity demand is predicted … Continue reading Floating photovoltaics (FPV) is fast becoming cost-competitive

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Enel is the company behind four of the six photovoltaic plants in Colombia

EPM inaugurated its first large-scale solar photovoltaic park. This is Tepuy, a generation space that covers 320 hectares in La Dorada, Caldas, and will have the capacity to produce 83 megawatts; A figure that automatically puts this project among the six largest in the country. But when looking at the photovoltaic park in the national … Continue reading Enel is the company behind four of the six photovoltaic plants in Colombia

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Repair work at the Cerro Dominador concentrated solar power plant, which will be stopped throughout 2024

After cracks were detected in two hot salt tanks, the contractor of the mega solar thermal plant is working on the reconstruction of these facilities. This agreement is expected to be closed to have an estimated return date. It was in June 2021 when the Cerro Dominador project, located in the Antofagasta Region, was inaugurated, … Continue reading Repair work at the Cerro Dominador concentrated solar power plant, which will be stopped throughout 2024

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French auction results are not the new benchmark for floating wind in Europe

Last month France published the results of its 250 MW floating offshore wind auction off South Brittany (AO5). The winning bid was awarded at €86/MWh – a record-low for floating offshore wind. But Governments must not think this is a new benchmark for floating wind development in Europe. On 15 May France published the results … Continue reading French auction results are not the new benchmark for floating wind in Europe

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Advancing the Green Deal. Setting a new Industrial Deal. Securing Europe’s Prosperity.

The European Green Deal has set the course for Europe’s transition to climate neutrality. At the same time, Russia’s invasion of Ukraine has taught us the importance of energy security. EU energy policy must deliver clean, secure and affordable energy to European citizens and businesses. Replacing fossil fuels and shifting to a sustainable, circular and … Continue reading Advancing the Green Deal. Setting a new Industrial Deal. Securing Europe’s Prosperity.

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Nordex Electrolyzers develops the first prototype of a 500-kW pressurized alkaline electrolyzer

Nordex Electrolyzers – a joint venture between the Government of Navarra and Nordex Group, one of the world’s largest manufacturers of wind turbines, inaugurated a test bench in its plant at Lumbier. The ceremony was attended by Maria Chivite, President of the Government of Navarra, Mikel Irujo, Minister for Industry, Ecological Transition and Business Digitalization … Continue reading Nordex Electrolyzers develops the first prototype of a 500-kW pressurized alkaline electrolyzer

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European electricity markets react to increased wind energy production with price declines

In the second week of June, prices in most major European electricity markets fell compared to the previous week. Over the weekend, almost all markets reached negative hourly prices. The Iberian market registered prices of ?€2.00/MWh, which is the lowest value in the history of this market. France reached the lowest price since the end … Continue reading European electricity markets react to increased wind energy production with price declines

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Equinor expands renewables portfolio in Poland with a new photovoltaic plant

Equinor’s third solar plant in Poland, Lipno has started test production. This brings the company’s onshore renewables capacity in Poland to ~200 MW, and further strengthens its position in one of the fastest-growing renewable energy markets in Europe. Lipno is located in the Wielkopolskie province in central Poland. The 53 MW solar plant was developed … Continue reading Equinor expands renewables portfolio in Poland with a new photovoltaic plant

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US energy storage market sets Q1 capacity installation record

The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 megawatts (MW) deployed across all segments. This marks the highest storage capacity ever installed in a first quarter in the U.S., representing an 84% increase from Q1 2023. According to Wood Mackenzie and the American Clean Power Association’s … Continue reading US energy storage market sets Q1 capacity installation record

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The evolution of the photovoltaic solar industry in the US since 2021

The 2024 Solar and Energy Storage Summit has concluded. What are the key takeaways? In the past three years there’s been a lot of advancement in solar deployment. We’ve seen technology develop and policy support increase. The key talking points have changed similarly in the last three years of the event, but a common thread … Continue reading The evolution of the photovoltaic solar industry in the US since 2021

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Approval of a 65 MW photovoltaic project in New Zealand

Ethical Power and KeaX Limited secure approval from Selwyn District Council for a 65MW solar project near Christchurch, aimed at strengthening local energy infrastructure.Ethical Power, in collaboration with KeaX Limited, has secured planning permission for the Buckleys Road PV project in the Selwyn district of New Zealand. The project, with a capacity of 65MW, covers … Continue reading Approval of a 65 MW photovoltaic project in New Zealand

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Maldives launches tender for 12.5 MW of solar photovoltaic energy

The Maldives government is selecting bidders for the installation of 12.5 MW grid-connected solar systems on several islands in the country. The deadline to submit applications is August 8.The Maldives government has opened a tender for the installation of 12.5 MW grid-connected solar PV systems on selected islands in the country. An invitation to bid … Continue reading Maldives launches tender for 12.5 MW of solar photovoltaic energy

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500 MW floating photovoltaic solar energy project to be set up at Keenjhar Lake, Pakistan

The Sindh Transmission & Dispatch Company (STDC) and GO Energy Private Limited have signed a memorandum of understanding for the transmission of a 500-megawatt floating solar project at Keenjhar Lake, Sindh. Syed Nasir Hussain Shah, Minister for Energy, Government of Sindh, was the chief guest at the signing ceremony held in Karachi. Other dignitaries present … Continue reading 500 MW floating photovoltaic solar energy project to be set up at Keenjhar Lake, Pakistan

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Spain’s wind `power and photovoltaic energy could exceed demand

The Castilla-La Mancha region of central Spain was once known for its wind turbines. The 28 huge wind turbines of the Sierra del Romeral wind farm, located in the hills not far from the historic city of Toledo, dominate this landscape. Operated by Iberdrola, they are part of a trend that has accelerated Spanish production … Continue reading Spain’s wind `power and photovoltaic energy could exceed demand

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France installed 1,013 MW of photovoltaic solar energy in the first quarter

France’s Ministry of Ecological Transition has reported that around 1,013 MW of new PV systems were connected to the French grid in the January-March period. By comparison, the nation added 984 MW in the fourth quarter of 2023 and 639 MW in the first quarter of last year. The country reached a cumulative installed PV … Continue reading France installed 1,013 MW of photovoltaic solar energy in the first quarter

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Vestas signs agreement with Vattenfall and BASF for Nordlicht offshore wind projects in the German North Sea

Vestas has secured a conditional agreement to supply 112 V236-15.0 MW wind turbines for Vattenfall and BASF’s Nordlicht 1 and 2 offshore wind projects, as previously disclosed in Vestas’ company announcement 10/2024 of June 13, 2024. Also within the scope of the contract is a 5-year service and warranty agreement followed by an operational support … Continue reading Vestas signs agreement with Vattenfall and BASF for Nordlicht offshore wind projects in the German North Sea

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Strong 2023 offshore wind growth (10,8 GW) as industry sets course for record-breaking decade

Offshore wind power is poised for truly global growth after 2023 saw the second-highest annual installations as well as key policy developments that set the foundations for accelerated expansion of the industry over the next decade. Download the Global Offshore Wind Report 2024 In 2023, despite the macroeconomic challenges faced by the sector in some … Continue reading Strong 2023 offshore wind growth (10,8 GW) as industry sets course for record-breaking decade

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Iberdrola obtains final environmental authorization to build the largest wind farm in Portugal

The infrastructure is integrated into the Tâmega hydroelectric complex that the company has in the neighboring country.It will have a power of 274 MW and will take advantage of the already built grid injection point in a hybrid way with Támega to increase the contribution of clean energy.This project will allow greater energy security by … Continue reading Iberdrola obtains final environmental authorization to build the largest wind farm in Portugal

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Photovoltaic energy can reduce the energy bill for water desalination by up to 24%

A study led by researchers from the Institute of Water and Environmental Engineering (IIAMA) of the Polytechnic University of Valencia (UPV) highlights combining photovoltaic solar energy in water desalination facilities can reduce the cost by up to 24%, which makes viable for use in areas with productive agriculture. The work has been carried out by … Continue reading Photovoltaic energy can reduce the energy bill for water desalination by up to 24%

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