China leads global wind turbine manufacturers’ market share in 2023

Record levels driven by China’s wind power boom “China’s first batch of massive renewable bases have a 2024 deadline on the horizon which has accelerated installations to an unprecedent pace of 74.7 GW. This combined with a mature supply chain and ambitious provincial targets are pushing wind deployment to an unprecedented level in China,” said … Continue reading China leads global wind turbine manufacturers’ market share in 2023

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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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Mainstream Renewable Power consortium awarded feasibility licence for 2.5 GW offshore wind development in Australia

Mainstream Renewable Power today announced that Gippsland Skies Offshore Wind (“Gippsland Skies”), a consortium of Australian and international companies, comprising Mainstream Renewable Power, Reventus Power, AGL Energy and DIRECT Infrastructure, has been granted a feasibility licence by the Federal Minister for Climate Change and Energy, for a fixed bottom 2.5 GW offshore wind project off … Continue reading Mainstream Renewable Power consortium awarded feasibility licence for 2.5 GW offshore wind development in Australia

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City of Cape Town wins Atlantis Solar Photovoltaic tender

The City of Cape Town has been awarded with a tender of Atlantis solar photovoltaic (PV) plant. The construction of the project will begin in August 2024, as planned and will be completed with the coming 12 months. Reportedly, city’s first grid-connected 7MW solar plant, is one of its interventions to end the load, shedding … Continue reading City of Cape Town wins Atlantis Solar Photovoltaic tender

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Wind power company Envision signs a framework agreement for the supply of wind turbines with Hero Future Energies

Long-term cooperation is envisaged for the joint development of the renewable energy sector, including the supply of wind turbines and other areas of decarbonization, including BESS and green hydrogen.The agreement includes the supply of 588 MW of 3.3 MW wind turbines over the next 1.5 yearsEnvision Energy, a global leader in renewable energy solutions, and … Continue reading Wind power company Envision signs a framework agreement for the supply of wind turbines with Hero Future Energies

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Tripling renewable power by 2030: The role of the G7 in turning targets into action

The 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) in the United Arab Emirates called upon countries to achieve a tripling of installed renewable power generation capacity by 2030 in order to keep the world on a pathway compatible with the 1.5°C climate goal. Despite the addition of … Continue reading Tripling renewable power by 2030: The role of the G7 in turning targets into action

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Iberdrola supplies 900 GWh of photovoltaics to Salzgitter in Germany

Iberdrola Deutschland and Salzgitter Flachstahl GmbH have concluded a further power purchase agreement (PPA) for 15 years. From 2025, Iberdrola Deutschland will supply Salzgitter Flachstahl GmbH with around 60 gigawatt hours (GWh) of green electricity per year. The solar power will come from Iberdrola’s second large-scale PV plant in Germany, which will be built in … Continue reading Iberdrola supplies 900 GWh of photovoltaics to Salzgitter in Germany

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Photovoltaic energy reaches all time highs in the Iberian Peninsula

European electricity market prices continue to recover, while photovoltaic energy reaches all time highs in the Iberian Peninsula. In the fourth week of April, prices continued to recover in the main European electricity markets. Even so, most markets registered negative prices for a few hours, especially on Sunday, April 28. In the MIBEL market, weekly … Continue reading Photovoltaic energy reaches all time highs in the Iberian Peninsula

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Wind generation declined in 2023 for the first time since the 1990s

Wind power generation declined in 2023 for the first time since the 1990s Data source: U.S. Energy Information Administration, Electric Power Monthly U.S. electricity generation from wind turbines decreased for the first time since the mid-1990s in 2023 despite the addition of 6.2 gigawatts (GW) of new wind capacity last year. Data from our Power … Continue reading Wind generation declined in 2023 for the first time since the 1990s

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China will build photovoltaic solar power plant in Nicaragua

The Chinese state-owned company China Communications Construction Company Limited (CCCC) will build a photovoltaic solar power plant with a capacity of 67.3 megawatts in Nicaragua, the government of the Central American country announced on Monday. The solar energy project will be implemented with an 80 million dollar Chinese credit, said Vice President Rosario Murillo to … Continue reading China will build photovoltaic solar power plant in Nicaragua

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Matrix Renewables signs renewable power purchase agreement (PPA) with Hyundai Motor Group for solar photovoltaic project in Texas

Matrix Renewables, the global renewable energy platform backed by TPG, has announced the signing of a renewable power purchase agreement (“PPA”) with affiliates of Hyundai Motor Group for 147 MWac of its Stillhouse Solar project, with 284 total MW of solar photovoltaic energy, which is located in Bell County, Texas (USA). The Stillhouse Solar project … Continue reading Matrix Renewables signs renewable power purchase agreement (PPA) with Hyundai Motor Group for solar photovoltaic project in Texas

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YPF Luz and Cementos Avellaneda begin the construction of a wind energy plant in Olavarría

The Cementos Avellaneda Wind Farm will have an installed capacity of 63 MW. One part will self-supply 47% of the electrical energy of the Cementos Avellaneda plant and another will be sold in the MATER by YPF Luz.The wind power plant will have an installed power of up to 63 MW and will be located … Continue reading YPF Luz and Cementos Avellaneda begin the construction of a wind energy plant in Olavarría

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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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US residential photovoltaic: cloudy skies will lead to a market reset in 2024

The passage of the Inflation Reduction Act (IRA) in 2022 heralded long-term growth for the segment, increasing and extending the investment tax credit (ITC). However, the tangible benefits of this legislation are taking longer than expected to materialise.  At the end of 2022, high interest rates started to afflict the industry. Throughout 2023, the residential … Continue reading US residential photovoltaic: cloudy skies will lead to a market reset in 2024

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RWE starts construction of its first photovoltaic plant in Italy

RWE has started the construction of its first solar plant in Italy. Bosco, an 8.3 megawatt (MWac) ground-mounted solar plant, will be installed in Partinico Municipality near Palermo, Sicily. On a 16-hectare site, around 15,000 bifacial modules1 will have the capacity to generate enough green electricity to supply the equivalent of 7,000 Italian homes. Commissioning … Continue reading RWE starts construction of its first photovoltaic plant in Italy

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ADB, partners support construction of solar photovoltaic plant in Kiribati

Kiribati Minister of Infrastructure and Sustainable Energy Willie Tokataake led the groundbreaking ceremony and ADB Senior Country Coordination Officer in Kiribati Teatao Tira represented the bank at the event.  The Asian Development Bank (ADB) joined the Government of Kiribati and other development partners in a groundbreaking ceremony today to officially mark the first step toward … Continue reading ADB, partners support construction of solar photovoltaic plant in Kiribati

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A strategy to boost the efficiency of perovskite/organic photovoltaic cells

In recent years, researchers have been experimenting with a wide range of solar cell designs in the hope of facilitating their widespread deployment. Organic solar cells based on perovskite materials have been found to exhibit various advantages over conventional solar cell designs based on conventional silicon, including lower costs of fabrication, greater flexibility and tunability. … Continue reading A strategy to boost the efficiency of perovskite/organic photovoltaic cells

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Wind energy and recycling, making concrete by recycling wind turbine blades

Spain faces the challenge of what to do with waste from wind farms that have already reached the end of their useful life. The removal of wind turbines causes a large amount of waste that, furthermore, is of very different natures. For two years, a research group from the University of Burgos (UBU) has been … Continue reading Wind energy and recycling, making concrete by recycling wind turbine blades

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China drives down cost of photovoltaic (PV) solar power development

China’s large-scale development of solar power, coupled with continuous innovation and a complete industrial chain, is driving down production costs and making new energy products more affordable worldwide, experts said. This shift benefits the global community, whose current solar capacity still falls short of demand to achieve decarbonization goals. Developing nations, particularly, need more advanced … Continue reading China drives down cost of photovoltaic (PV) solar power development

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2023 Top Photovoltaic Storage Manufacturers in China

The energy storage sector reached new heights in 2023, as showcased at the annual Energy Storage Carnival and the release of the Global Energy Storage Shipment Rankings for Chinese Enterprises by the Electric Energy Storage Alliance (EESA). EESA Chairman, Du Xiaotian, delivered a comprehensive summary of the global and Chinese energy storage industry’s developments in … Continue reading 2023 Top Photovoltaic Storage Manufacturers in China

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