Endesa Generación Portugal, subsidiary of Enel’s Spanish company Endesa, was awarded the right to connect 99 MW of a new solar + storage project to the national grid under a 15-year contract with the country’s National Electrical System.The investment will amount to around 90 million euros for the construction of the project, which will be … Continue reading Portuguese tender’s preliminary results show positive outcome for Enel
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Solar and wind energy doubled participation in 5 years
Renewable energies are growing and playing a prominent role in global power matrices. Solar and wind energy have doubled their share in the last 5 years, replacing coal.Among fossil sources, coal led to the growth of clean energy. However, the pace of growth is important to get closer to the goals of combating climate change. … Continue reading Solar and wind energy doubled participation in 5 years
Continue readingChile plans hybrid wind energy and solar power storage plant
AES Gener has taken an important step in developing a mammoth hybrid renewable energy project in Chile, after it has submitted the environmental impact statement for its planned 862.5MW wind power + solar energy + storage hybrid Parque Terra Energía Renovable project. AES Gener submitted the Environment Impact Study to the Servicio de Evaluación Ambiental … Continue reading Chile plans hybrid wind energy and solar power storage plant
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RWE announces capital increase to accelerate and expand renewables growth
RWE has successfully concluded an increase of its share capital of around €2 billion by selling new shares at a price of €32.55 per share following an accelerated bookbuilt offering to institutional investors. The company’s share capital was increased by 10% by using part of the authorised capital by issuing about 61.5 million new ordinary … Continue reading RWE announces capital increase to accelerate and expand renewables growth
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DNV GL served as Independent Engineer for the disposition of KKR’s 33.33% equity stake in Acciona Energía Internacional
Acciona Energía Internacional is a global portfolio of renewable energy assets totaling 2.5 GW.DNV GL, the world’s largest resource of independent energy experts and certification body, carried out a vendor’s technical due diligence on behalf of Kohlberg Kravis Roberts & Co. Partners LLP (KKR) for divestment purposes from a global portfolio of renewable energy assets, … Continue reading DNV GL served as Independent Engineer for the disposition of KKR’s 33.33% equity stake in Acciona Energía Internacional
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Copel buys wind energy and solar power for 13 years in Brazil
The state power trading unit Copel signed 13-year contracts to purchase future production of solar and wind power plants that will generate 600 megawatts of capacity. By contracting, for the start of the supply from 2023, the purchase event for Copel Mercado Livre was carried out.Copel Mercado Livre reported that the qualification period in the … Continue reading Copel buys wind energy and solar power for 13 years in Brazil
Continue readingStrong Cooperation and Enabling Policies can Lead Energy Transformation in Southeast Asia
IRENA and ASEAN Centre for Energy webinar brings more than 160 participants together to discuss the opportunities low-cost renewables offer the region Meeting future energy demand in the Association of Southeast Asian Nations (ASEAN) is a high priority in the region. With current indigenous fossil fuel resources incompatible with climate and sustainable development goals, and … Continue reading Strong Cooperation and Enabling Policies can Lead Energy Transformation in Southeast Asia
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The pandemic helps and doubles the share of wind power and solar energy in the world
Solar and wind energy have doubled their share in the last five years, and already represent almost 10% of the energy produced in the world, according to an analysis by the British environmental group Ember. Ember analyzed 48 countries that account for 83% of the world’s electricity. Data showed that wind farm and solar energy … Continue reading The pandemic helps and doubles the share of wind power and solar energy in the world
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Wind energy and solar produced 10% of global electricity in H1 2020
Scientist say huge cuts to greenhouse gas emissions from the power sector are required over the next decade to limit global warming and curb the worst impacts of climate change such as floods, droughts and loss of species. Generation from wind power and solar energy rose by 14% during the first half of 2020 compared … Continue reading Wind energy and solar produced 10% of global electricity in H1 2020
Continue readingWebinar recap: What you need to know from Solar 101
After witnessing the success of the Wind 101 Webinar Series, I was eager to dive into the Solar 101 series. As mentioned in my recap of Wind 101, I am new to the renewable energy space and was ready to diversify my knowledge even more with this next installment of the 101 Webinar Series. Solar … Continue reading Webinar recap: What you need to know from Solar 101
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Facebook bets on solar and wind energy
Facebook expands renewable footprint and buys solar and wind energy in the United States and Ireland.Corporate appetite for cheap clean energy has been a major recent factor influencing the growth of wind power Facebook Inc. will purchase a large amount of wind power in the United States and Ireland to support its operations. The social … Continue reading Facebook bets on solar and wind energy
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Solar, wind energy are best alternatives to fossil fuel in Oman
A study conducted by researchers of the Department of Geography, College of Arts and Social Sciences at Sultan Qaboos University (SQU) has found that both solar radiation and wind are promising and substantial renewable energy alternatives to fossil fuel resources in Oman. The study entitled, ‘Exploring the potential of solar, tidal, and wind energy resources … Continue reading Solar, wind energy are best alternatives to fossil fuel in Oman
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China’s Wind Investment Strong Till 2022; SOEs Lead Solar Development
Fitch Ratings-Hong Kong/Shanghai-06 August 2020: Connection deadlines to secure wind-power subsidies are likely to boost investment by Chinese power generators (gencos) in 2020-2021, says Fitch Ratings. Meanwhile, state-owned gencos are set to lead greenfield solar development to diversify their fuel mix, which we expect will reverse the segment’s dominance by private gencos. The high investments … Continue reading China’s Wind Investment Strong Till 2022; SOEs Lead Solar Development
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RWE and Bosch sign long-term solar power purchase agreement
RWE Supply & Trading will provide Bosch with solar power. The total volume amounts to 50 megawatts. The company will source the power from several new farms in southern Germany developed by RWE and other providers. These solar farms can be built thanks to the power purchase agreements and thus do not rely on subsidies under … Continue reading RWE and Bosch sign long-term solar power purchase agreement
Continue readingChina’s wind energy and solar power generation capacity grows in first half
China experienced strong growth in renewable energy generation capacity in the first half of this year, according to data from the National Energy Administration. Photovoltaic generation capacity increased 20 percent year-on-year to reach 127.8 billion kilowatt hours, while wind power generation capacity increased 10.9 percent compared to the same period last year, to stand at … Continue reading China’s wind energy and solar power generation capacity grows in first half
Continue readingRWE to strengthen its European solar and wind energy business with acquisition of 2.7 GW project pipeline
Nordex has selected RWE as exclusive bidder for the acquisition of its European onshore wind and solar development business / Purchase price of about €400 million. Strategic enhancement adds to RWE’s existing 22 GW development pipeline. Expansion of position in attractive French onshore wind energy market. RWE wants to acquire the European onshore wind and … Continue reading RWE to strengthen its European solar and wind energy business with acquisition of 2.7 GW project pipeline
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EDF Renewables signs a contract for 200 MW solar + storage 180 MW / 4 hr project in Nevada
EDF Renewables North America announces the signing of a 22-year Power Purchase Agreement (PPA) with NV Energy, the Nevada electricity and natural gas provider, for the supply of electricity from the future Chuckwalla solar farm. This planned 200 MWac solar project, which will integrate a 180 MW 4-hour battery storage system, will be developed, built … Continue reading EDF Renewables signs a contract for 200 MW solar + storage 180 MW / 4 hr project in Nevada
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Mexico is among the countries where solar and wind energy energy are more cheaper
The Inter-American Development Bank (IDB) and the International Labor Organization (ILO) reported that the transition to a less carbonized economy would generate 2.1 million jobs in Mexico over 10 years. The study entitled “Employment in a future with zero net emissions in Latin America and the Caribbean”, carried out between the two institutions, indicates that … Continue reading Mexico is among the countries where solar and wind energy energy are more cheaper
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Wind energy recap, look out for solar
As someone new to the renewable energy industry, this month’s Wind 101 Webinar Series offered an insightful and well-rounded look into the world of wind. From an overview of the market, to wildlife, siting & permitting, I walked away from the series feeling informed and excited to learn more! Below is a recap of my key takeaways. PART I: … Continue reading Wind energy recap, look out for solar
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Why wind energy and solar power are better for Congo and South Africa than Inga 3 hydroelectric plant?
Seven years ago the Democratic Republic of Congo (DRC) proposed the Inga 3 – a 4.8GW hydropower project on the Congo River – with great fanfare. Third in a series of dams that would form the Grand Inga complex on the Congo river, the project was touted as a solution to southern Africa’s energy deficit … Continue reading Why wind energy and solar power are better for Congo and South Africa than Inga 3 hydroelectric plant?
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