IRENA estimates that by 2025 the global weighted average cost of electricity could fall by 26 % from onshore wind energy, by 35 % from offshore wind power, by at least 37 % from concentrated solar power (CSP) technologies, and by 59 % from solar photovoltaics (PV). IRENA, the Assembly of the International Renewable Energy … Continue reading Renewable Energy to have future geopolitical effects
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Acciona starts the construction of its second photovoltaic plant in Atacama (Chile)
Within the framework of the investment program that ACCIONA Energía is carrying out in Chile, the company has begun the construction of the Almeyda solar plant, the second with photovoltaic technology installed in the Atacama region, mainly to support the electricity supply contract signed with the National Mining Company (ENAMI). Located in the municipalities of … Continue reading Acciona starts the construction of its second photovoltaic plant in Atacama (Chile)
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Construction progresses on final phase of Dubai concentrated solar power park
Dubai Electricity and Water Authority announces completion of 128 pillars of the Mohammed bin Rashid Al Maktoum Concentrated Solar Power Park’s solar tower. The fourth phase of the park is the largest single-site investment project in concentrated solar power (CSP) in the world based on the independent power producer (IPP) model. Saeed Mohammed Al Tayer, … Continue reading Construction progresses on final phase of Dubai concentrated solar power park
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MIT develops tech to store solar power, wind energy
MIT researchers have invented a novel method to store renewable energy, such as solar energy and wind power, and deliver that energy back into an electric grid on demand. MIT engineers have come up with a conceptual design for a system to store renewable energy, such as solar and wind power, and deliver that … Continue reading MIT develops tech to store solar power, wind energy
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In 2018, Benin, Burundi, Malawi, Uganda and Zambia made significant progress in de-risking renewable energy projects
Since launching a year ago, the Regional Liquidity Support Facility (RLSF) has signed agreements with five countries ensuring that their Independent Power Producers (IPPs) receive protection against payment risks that often contribute to their failure. The Facility supports small and mid-scale renewable energy IPPs (from 50 to 100MW) in sub-Saharan Africa by helping these projects … Continue reading In 2018, Benin, Burundi, Malawi, Uganda and Zambia made significant progress in de-risking renewable energy projects
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Juhl Energy Partners With GE Renewable Energy to Build First of Its Kind Solar-Wind Hybrid Project
Juhl Energy announced today that it has selected GE Renewable Energy (GE:NYSE) to supply equipment for the first commercial integrated solar-wind hybrid power generation project in the U.S. The Minnesota-based clean energy company has developed the 2.0MW community-based renewable energy project to provide low-cost, locally generated energy to the Lake Region Electric Cooperative of Pelican … Continue reading Juhl Energy Partners With GE Renewable Energy to Build First of Its Kind Solar-Wind Hybrid Project
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Mohammed bin Rashid Al Maktoum Solar Park adds 250MW to its 4th phase to reach 950MW
Dubai Electricity and Water Authority (DEWA) has signed an amendment to the Power Purchase Agreement (PPA) with the consortium led by Saudi Arabia’s ACWA Power for the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. The amendment includes adding 250MW of photovoltaic solar panels, at a cost of 2.4 US cents per … Continue reading Mohammed bin Rashid Al Maktoum Solar Park adds 250MW to its 4th phase to reach 950MW
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U.S. Department of Energy Announces $53 Million in New Projects to Advance Concentrated Solar Power and PV Technologies
Today, the U.S. Department of Energy (DOE) announced selections for up to $53 million in new projects to advance early-stage solar technologies. Through the Office of Energy Efficiency and Renewable Energy Solar Energy Technologies Office, DOE will fund 53 innovative research projects that will lower solar electricity costs and support a growing solar workforce. “Innovation is key … Continue reading U.S. Department of Energy Announces $53 Million in New Projects to Advance Concentrated Solar Power and PV Technologies
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Wind energy is forecast to grow by 324 GW and reach 839 GW by 2023
Concentrated Solar Power (CSP) is expected to grow 87% (4.3 GW) over the forecast period, 32% more than in 2012?17. China leads at 1.9 GW, followed by 1 GW from Concentrated Solar Power projects receiving multilateral development bank support in Morocco and South Africa, 1 GW in the Middle East, and 300 MW each in Australia and Chile. Since … Continue reading Wind energy is forecast to grow by 324 GW and reach 839 GW by 2023
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Renewable energies generated 41.8% of electricity from January to September in Spain
Renewable energies generated 41.8% of electricity from January to September in Spain: wind energy 19.4%, concentrated solar power thermal 2.2% and photovoltaic 3.3%. Generation of the month of September 2018 The peninsular demand for electricity in September is estimated at 20,821 GWh, 3.4% higher than that registered in the same month of the previous year. … Continue reading Renewable energies generated 41.8% of electricity from January to September in Spain
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Hybrid Solar Wind Energy Storage Market Size Set for Continued Growth over 2024
he Hybrid Solar Wind Energy Storage Market is set to grow from its current market value of more than $1 billion to over $1.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Introduction of several targets and norms to promote the adoption of sustainable energy across the commercial buildings … Continue reading Hybrid Solar Wind Energy Storage Market Size Set for Continued Growth over 2024
Continue readingRenewable power accounted for 70% of net additions to global power generating capacity in 2017
A record amount of solar capacity and renewable power was installed across the world in 2017 – as the cost of both wind and solar became competitive with fossil fuels – but it still is not enough, a major new report has found. The REN21 Renewables 2018 Global Status Report (GSR) portrays a dynamic renewable … Continue reading Renewable power accounted for 70% of net additions to global power generating capacity in 2017
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Renewables contributed 43.9% in Spain in May
Renewables contributed 43.9% in Spain in May: wind 17.2%, solar thermal 2.7% and photovoltaic 4.1%.Generation of the month of May 2018 The peninsular demand for electric power in May is estimated at 20,044 GWh, 1% lower than that registered in the same month of the previous year. If the effects of the calendar and temperatures … Continue reading Renewables contributed 43.9% in Spain in May
Continue readingUAE leads region in renewable energy
The UAE has done impressive work to stay on track with the renewable energy targets and with phases 3 and 4 of the Dubai Solar Park to begin commissioning by the end of 2020, and is placed at the forefront of renewable energy development in the region, according to a research published by the Arab … Continue reading UAE leads region in renewable energy
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Thailand’s BCPG Plans US$300m Expansion
Rapidly expanding Thai renewable energy developer BCPG said it will spend 10 billion baht (US$311 million) in further expanding its portfolio abroad via new partnerships and acquisitions. Only established in 2015, BCPG is now looking to invest in Australia, South Korea and Japan as well as neighbouring Southeast Asian economies. In statements to media on … Continue reading Thailand’s BCPG Plans US$300m Expansion
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Acciona will build four renewables plants in Chile with an investment of 500 million euros
Over three years ACCIONA Energía will build two new photovoltaic plants and two wind farms in Chile, with a total capacity of around 400 MW and an investment of approximately 600 million dollars (around 500 million euros at current exchange rates). In early 2019 the company will start construction work on the 62 MWp capacity … Continue reading Acciona will build four renewables plants in Chile with an investment of 500 million euros
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The wind power made 32.9% in March in Spain
Renewables reached 56.6% of electricity generation in Spain in March, with wind energy accounting for 32.9%, 2.3% for photovoltaics and 0.9% for concentrated solar power. The peninsular demand for electric power in March is estimated at 22,111 GWh, 4.7% higher than that registered in the same month of the previous year. If the effects … Continue reading The wind power made 32.9% in March in Spain
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Eskom to sign 27 renewable energy projects
South Africa’s state power utility Eskom will sign purchase agreements with independent producers for 27 renewable energy projects next week that will generate 56 billion rand ($4.7 billion) in investments, the energy minister said on Thursday. The minister was adamant that the signing of the 27 projects would go ahead on Tuesday with the full … Continue reading Eskom to sign 27 renewable energy projects
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ENAMI has awarded ACCIONA Energía its electricity supplies from renewable energy sources
The National Mining Company of Chile (ENAMI) has awarded ACCIONA Energía its electricity supplies from renewable energy sources starting in April 2018, under a long-term deal. The PPA contract will cover 100% of the electricity consumption of ENAMI’s plants, for which ACCIONA will build a new photovoltaic plant in the north of the country. Power … Continue reading ENAMI has awarded ACCIONA Energía its electricity supplies from renewable energy sources
Continue readingWind energy and solar power could meet four-fifths of US electricity demand, study finds
The United States could reliably meet about 80 per cent of its electricity demand with solar and wind power generation, according to scientists at the University of California, Irvine (UCI); the California Institute of Technology; and the Carnegie Institution for Science. However, meeting 100 per cent of electricity demand with only solar and … Continue reading Wind energy and solar power could meet four-fifths of US electricity demand, study finds
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