Tag Archives: solar

Photovoltaic solar power plants can provide a vital home for native insects

Solar farms can provide key habitats for insects and other pollinators to rehabilitate the local environment, according to new research. US researchers have found that when fields housing solar photovoltaics (PVs) are planted with native plants, they can attract large numbers of insects which improve the biodiversity of the area. A monarch caterpillar on a … Continue reading Photovoltaic solar power plants can provide a vital home for native insects

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Avaada Group will develop 6 GW of hybrid wind energy and solar photovoltaic projects in Gujarat (India)

Avaada Group, India’s prominent integrated energy platform, has signed a Memorandum of Understanding (MoU) with the Government of Gujarat. This strategic alliance aims to set up hybrid wind-solar projects with an aggregate 6000 MW (6 GW) capacity in the state with an investment of about Rs 40,000 crore, marking a pivotal moment in the journey … Continue reading Avaada Group will develop 6 GW of hybrid wind energy and solar photovoltaic projects in Gujarat (India)

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Statkraft plans to build 492 MW photovoltaic plant in Spain

Statkraft has submitted plans to build a 492 MW solar photovoltaic complex in Extremadura. The company made the announcement on Wednesday as it inaugurated its 55.2 MWp Talayuela II solar park in the region. He said he would invest some €295 million in the gigantic complex, which will be known as Zajuril. The Zajuril project … Continue reading Statkraft plans to build 492 MW photovoltaic plant in Spain

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Solar photovoltaic: predictions for 2024

The solar industry has reached a new stage in its evolution. With about 1.5 TWdc installed globally through 2023, and another 3 TWdc of capacity expected in the next decade, it’s no longer a burgeoning renewable energy technology – it’s a cornerstone of the global energy transition. In most markets, solar PV will grow to … Continue reading Solar photovoltaic: predictions for 2024

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The Spanish government gives three more years to build and start exploiting wind and solar photovoltaic projects

The Government opens its hand to avoid the suffocation of the renewable energy sector and, with it, the construction or even the banks, giving three more years so that the promoters of wind and photovoltaic parks have up to eight years and not five as until now to start exploiting them from the moment the … Continue reading The Spanish government gives three more years to build and start exploiting wind and solar photovoltaic projects

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Iberdrola to install Spain’s first hybrid hydroelectric and solar plant

Iberdrola España has obtained environmental approval for Spain’s first hybrid photovoltaic and hydroelectric plantExternal link, opens in new window.  with the publication of the Environmental Impact Statement (EIS) in the Official State Gazette (BOE). Called HIDRO Cedillo, the project will be located in Cedillo (Extremadura) and will have a capacity of 86.4 megawatts (MW) with … Continue reading Iberdrola to install Spain’s first hybrid hydroelectric and solar plant

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Galileo Empower plans to invest €170 million for project development over 7 years with 6 GW already secured

A joint venture between Empower Renewables and Galileo Green Energy, named Galileo Empower Ltd. (“Galileo Empower” or the “Joint Venture”), is announcing a significant expansion of the partnership as it now targets an overall development pipeline of 10 GW across six key markets in Northern Europe, with the primary objective of delivering high quality renewable … Continue reading Galileo Empower plans to invest €170 million for project development over 7 years with 6 GW already secured

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3 TWdc of new solar power PV installations between 2023 and 2032

Our latest quarterly global solar PV forecast has seen a 5% upgrade, projecting over 3 TWdc of new solar PV installations between 2023 and 2032. Decarbonisation and electrification commitments at a government and corporate level, along with expanding auction plans and rooftop solar mandates, are the main drivers behind this expansion. This, along with continued … Continue reading 3 TWdc of new solar power PV installations between 2023 and 2032

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Solar power has seen a remarkable increase in capacity worldwide

In 2010 it took an average of a month to install one gigawatt of solar capacity. By 2015, this pace quickened to a week, and in 2023, it is expected to exceed one gigawatt per day. In the last decade, the global solar power landscape has transformed dramatically, according to a summary by Solcellskollen. Looking … Continue reading Solar power has seen a remarkable increase in capacity worldwide

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Clean technologies are driving job growth in the energy sector, but skills shortages are an increasing concern

The number of jobs in the global energy sector rose in 2022 as growing investment in clean energy technologies drove demand for new workers in every region of the world, according to a new IEA report that offers a benchmark for employment across all energy industries. The second edition of the World Energy Employment report, which is … Continue reading Clean technologies are driving job growth in the energy sector, but skills shortages are an increasing concern

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Implementing Regulations Can Turn Honduras’ Renewables Ambition into Reality

With abundant renewable energy potential and ambitious target to achieve 80 per cent of renewables share in the power generation by 2038, Honduras is already on the right path to reduce its reliance on fossil fuels. The Renewables Readiness Assessment: Honduras by the International Renewable Energy Agency (IRENA) identifies the need to have current energy … Continue reading Implementing Regulations Can Turn Honduras’ Renewables Ambition into Reality

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Brazil installs 1.6 GW of wind energy

Wind power plants generate 1.6 GW per year. In April, generation capacity grew by 593 MW.The National Electric Energy Agency (Aneel) announced that in April Brazil surpassed the 3 GW mark of growth in the electricity generation matrix in 2023. Of the total, around 1.6 GW are related to wind farms (49.15% of the total) … Continue reading Brazil installs 1.6 GW of wind energy

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The United States Harnesses Solar and Wind Energy to Combat Climate Change

In recent years, the United States has made significant advancements in its clean energy transition, driving the nation closer to its 2030 climate target. With the adoption of the Paris Agreement, the U.S. committed to reducing greenhouse gas emissions, achieving carbon pollution-free electricity, and transitioning to a net-zero emissions economy. One notable finding by Climate … Continue reading The United States Harnesses Solar and Wind Energy to Combat Climate Change

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Portugal sets new record for solar and wind energy and exceeds electricity needs for six consecutive days

Portugal has achieved a notable milestone in renewable energy production, exceeding its electricity needs for a record six consecutive days. From October 31 to November 6, the country generated 1,102 GWh of electricity, exceeding the 840 GWh consumed during the same period. This surplus production of 262 GWh demonstrates Portugal’s commitment to sustainable energy sources. … Continue reading Portugal sets new record for solar and wind energy and exceeds electricity needs for six consecutive days

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Can European renewables still turn a profit?

The European Union’s ambitious renewable energy target mandates at least 42.5% of EU energy consumption to come from renewable sources by 2030. For that to happen, developers need positive returns on their renewables investments. With technology costs not evolving as hoped, where will the sources of project profitability come from instead? Our latest insight analyses … Continue reading Can European renewables still turn a profit?

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How can sustainable debt support China’s energy transition?

Sustainable debt has become a popular tool to fund green and sustainability-linked activities since it first emerged in the mid-2010s, providing a tailwind to clean energy investment. Global sustainable debt issuances have risen nearly tenfold since 2016, peaking at over USD 1.7 trillion in 2021. These instruments have been leveraged by governments to raise capital … Continue reading How can sustainable debt support China’s energy transition?

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Statkraft releases report on global energy trends and scenarios for 2050: Growth in renewables will continue despite international turmoil

“Despite increased geopolitical unrest and rivalry, renewable energy growth remains strong and won’t stop or reverse. The cost of wind and solar power, batteries and electric vehicles have dropped significantly over the last decade, resulting in them replacing fossil fuels. Energy security has also become a top priority on the international agenda, resulting in an … Continue reading Statkraft releases report on global energy trends and scenarios for 2050: Growth in renewables will continue despite international turmoil

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China’s installed solar and wind power capacity saw robust growth this year

China’s installed solar and wind power capacity saw robust growth this year amid the country’s green development push, according to the National Energy Administration, Azernews reports, citing Xinhua. At the end of September, the country’s installed solar power capacity was approximately 520 million kilowatts, up 45.3 percent year on year, and its installed wind power … Continue reading China’s installed solar and wind power capacity saw robust growth this year

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RE-Source 2023 marks 7.8 GW PPA record but industry urges for barriers to be removed to reach EU net zero objectives

Consistent growth of renewable corporate power purchase agreements (PPAs) proves that corporates are stepping up their commitments to the energy transition. But corporate energy buyers are calling on policymakers to use the EU Electricity Market Design (EMD) reform to remove the remaining barriers to PPAs. Record-breaking year in the EU PPA market with companies procuring … Continue reading RE-Source 2023 marks 7.8 GW PPA record but industry urges for barriers to be removed to reach EU net zero objectives

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IRENA Global Atlas Upgrade Enhances Understanding of Countries’ Renewables Potential

Since its inception ten years ago, the IRENA Global Atlas for Renewable Energy has been the hub for open-source renewable resource assessment and data sharing. The new version 4.1 marks a significant milestone with substantial upgrade in capabilities and functionalities. Building upon its previous version 4.0, the Global Atlas 4.1 enhances users’ experience with a … Continue reading IRENA Global Atlas Upgrade Enhances Understanding of Countries’ Renewables Potential

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