China is shoring up its position as the world leader in renewable power and potentially outpacing its own ambitious energy targets, a report has found. China is set to double its capacity and produce 1,200 gigawatts of energy through wind and solar power by 2025, reaching its 2030 goal five years ahead of time, according … Continue reading China on course to hit wind and solar power target five years ahead of time
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Ørsted confirms its ambition of ~50 GW of wind and solar by 2030
Ørsted will host a Capital Markets Day (CMD) on 8 June 2023 to present recent progress and strategic updates on its ambition to become the world’s leading green energy major. Ørsted is committed to the following ambitions, financial targets, and financial policies for 2023-2030: Ørsted expects to outperform EBITDA and ROCE targets set in 2021Ørsted has … Continue reading Ørsted confirms its ambition of ~50 GW of wind and solar by 2030
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Germany: Statkraft grows with green hydrogen, wind and solar power
Statkraft, Europe’s largest producer of renewable energy, is on a growth path. At this year’s E-world energy & water in Essen, the Norwegian energy company announced its expansion targets for the German market. Statkraft will be instrumental in increasing the share of renewable energy in Germany by 2030 and supporting the market ramp-up of green … Continue reading Germany: Statkraft grows with green hydrogen, wind and solar power
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Iberdrola and MAPFRE reach 450 MW of wind and solar power in Spain
Iberdrola and MAPFRE are strengthening their strategic alliance in the energy sector in Spain. Both companies have added 150 new photovoltaic megawatts (MW) to the company created two years ago, bringing the total to 445 MW: 295 MW wind and 150 MW photovoltaic, through Energías Renovables Ibermap. This pioneering co-investment vehicle envisages the incorporation of … Continue reading Iberdrola and MAPFRE reach 450 MW of wind and solar power in Spain
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Kronos Solar EDPR begins construction of its first two projects in The Netherlands
Kronos Solar EDPR, a solar developer company based in Germany that is majority owned by EDPR, has started the construction of two photovoltaic projects in The Netherlands. These are EDP Renewables’ first projects in The Netherlands and also one of the first projects through Kronos Solar. Both located in Berkelland Municipality, in the centre-east province … Continue reading Kronos Solar EDPR begins construction of its first two projects in The Netherlands
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China invests $546 billion in wind and solar power, far outpacing the US.
China accounted for nearly half of global low-carbon spending in 2022, which could challenge US efforts to boost domestic clean energy manufacturing. China once again topped the world in clean energy investments last year, a trend that could challenge U.S. efforts to develop more homegrown manufacturing. Nearly half of the world’s low-carbon spending took place … Continue reading China invests $546 billion in wind and solar power, far outpacing the US.
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The Nuclear Fallacy: Why Small Modular Reactors Can’t Compete With Renewable Energy
Will the small modular nuclear reactor community be able to find an optimized point on the physics vs modularity curve? I don’t think so, and discussed it with Bent Flyvbjerg, global megaproject expert. One of the topics in my recent discussion with Bent Flyvbjerg (Linkedin, Twitter), probably the leading global academic in megaproject failures and successes, … Continue reading The Nuclear Fallacy: Why Small Modular Reactors Can’t Compete With Renewable Energy
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OX2 wins auctions for solar and energy storage projects in Poland
OX2 has won auctions in Poland for a solar farm with a total installed capacity of up to 100 MW and an energy storage project with a capacity of 50 MW. Both projects are part of OX2’s portfolio and will now move forward. The solar farm that will with an installed capacity of up to … Continue reading OX2 wins auctions for solar and energy storage projects in Poland
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China’s solar and wind power capacity continues to expand
China’s installed capacity of renewable energy has sustained growth momentum since the beginning of this year amid the country’s pursuit of green development. By the end of October, China’s total installed power generation capacity reached about 2.5 billion kilowatts, rising 8.3 percent year on year, data from the National Energy Administration showed. Specifically, the installed … Continue reading China’s solar and wind power capacity continues to expand
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Enel announces intentions to build solar PV cell & panel manufacturing facility in U.S.
Enel North America intends to build one of the largest solar photovoltaic (PV) manufacturing facilities in the US, expected to initially produce at least 3 GW and scale up to 6 GW of high-performance bifacial PV modules and cells annually. The proposed facility will be among the first in the United States to produce PV … Continue reading Enel announces intentions to build solar PV cell & panel manufacturing facility in U.S.
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Solar power is the fastest way to reduce Europe’s dependency on Russian gas
The expansion of solar power in Europe is growing rapidly due to increased renewable energy ambitions and the need to reduce dependence on Russian gas. Statkraft’s Low Emissions Scenario now shows that Europe will have significantly more solar power by 2030 than expected before the war in Ukraine. For the seventh year in a row, … Continue reading Solar power is the fastest way to reduce Europe’s dependency on Russian gas
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Ukraine lost 90% of wind power and 50% of solar power due to Russian attacks
The Ukrinform agency recalls that since October 10, Russia has carried out massive attacks with kamikaze missiles and drones against the civilian energy infrastructure of Ukraine.The war has left Ukraine without 90% of its wind power capacity and between 45% and 50% of its solar capacity. This was reported this Sunday by the Ukrainian Minister … Continue reading Ukraine lost 90% of wind power and 50% of solar power due to Russian attacks
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The Future of Solar Energy: what’s in Store
As the world becomes increasingly aware of the dangers posed by climate change, an increasing number of people are looking for ways to reduce their carbon footprint. One of the most promising and environmentally-friendly sources of energy is solar power. In this article, we will take a look at five impressive projects that have made … Continue reading The Future of Solar Energy: what’s in Store
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Diversify the production of solar panels
A new report by the International Energy Agency (IEA) calls for the diversification of the solar energy supply chain, which is currently concentrated in Asia, and an increase in production in other countries – as EGP is doing in Catania – in order to meet decarbonization targets in time. Over the last ten years, the … Continue reading Diversify the production of solar panels
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Enel Green Power Chile gets authorization to begin commercial operation of the Sol de Lila solar power park
The National Electric Coordinator delivered its formal authorization for Enel Green Power Chile to begin commercial operations of its Sol de Lila solar power park, located in the Region of Antofagasta and the Atacama Desert, which will have an installed capacity of 161 MW and inject 100% renewable energy into the National Electric System.Sol de … Continue reading Enel Green Power Chile gets authorization to begin commercial operation of the Sol de Lila solar power park
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Statkraft supplies solar power for Schaeffler sites
Statkraft, Europe’s largest producer of renewable power, supplies Schaeffler AG with 11 per cent of the annual power demand for its German production sites. The supply of power from newly built solar plants in Germany supports the automotive supplier in achieving its sustainability targets. Statkraft will supply the globally operating automotive and industrial supplier Schaeffler … Continue reading Statkraft supplies solar power for Schaeffler sites
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Iberdrola to commission 1,400 new MW of solar power in Spain
The company is currently executing 12 new PV projects totalling 550 MW and plans to start construction of another 873 MW this year. New developments have enabled Iberdrola to increase its installed photovoltaic capacity by 55% in the first half of the year. Iberdrola is consolidating its position as the leading promoter of photovoltaic solar … Continue reading Iberdrola to commission 1,400 new MW of solar power in Spain
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Iberdrola starts commissioning 100 new MW of solar power in Extremadura
Estas instalaciones producirán la misma cantidad de energía que la generada por 26 millones de metros cúbicos de gas al año. Iberdrola has started to commission two new photovoltaic plants in Extremadura. These facilities, called Majada Alta and San Antonio, are located in the Cáceres town of Cedillo and have a combined capacity of 100 … Continue reading Iberdrola starts commissioning 100 new MW of solar power in Extremadura
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Inauguration of the world’s first photovoltaic solar power plant with graphene panels
Graphene solar panels can be more efficient and can be manufactured in a two-dimensional (2D) format. Developed by scientists from the University of Rome Tor Vergata, Italy, in collaboration with researchers from the Hellenic University of the Mediterranean, Greece, this new technology was installed on the island of Crete and interconnected, forming the first solar … Continue reading Inauguration of the world’s first photovoltaic solar power plant with graphene panels
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What Is Concentrated Solar Power?
What exactly is concentrated solar-thermal power (CSP) and how does it work? Mirrors are used in CSP technologies to reflect and concentrate sunlight onto a receiver. In the receiver, the energy from concentrated sunlight heats a high-temperature fluid. This heat, also known as thermal energy, can be used to generate electricity by spinning a turbine … Continue reading What Is Concentrated Solar Power?
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