On behalf of some of the major European energy companies we would like to contribute to the debate on the upcoming reform of the EU Electricity Market Design by making proposals and raising awareness on this very complex dossier. Europe currently faces multiple challenges. The Russian aggression against Ukraine has put our economy and our … Continue reading Open letter on upcoming reform of the EU Electricity Market Design
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CEMEX, Sandia Labs, and Synhelion to scale concentrated solar power technology to produce cement
CEMEX, S.A.B. de C.V. («CEMEX») announced today that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production. Solar MEAD aims to replace the use of fossil fuels with concentrated solar thermal (“CST”) energy in clinker production, … Continue reading CEMEX, Sandia Labs, and Synhelion to scale concentrated solar power technology to produce cement
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Q4 2022 Shows Positive Energy Storage Growth, But Policy and Market Headwinds Slow Clean Energy Potential
The American Clean Power Association (ACP) today released its Clean Power Quarterly Market Report – Q4 2022, which shows that the U.S. wind, solar, and battery storage sectors installed a total of 9.6 gigawatts (GW) of utility-scale clean power capacity last quarter – enough to power the equivalent of 2 million American homes with affordable, … Continue reading Q4 2022 Shows Positive Energy Storage Growth, But Policy and Market Headwinds Slow Clean Energy Potential
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Acciona Energía has signed a PPA with Zimmer Biomet to supply it with 100% renewable electricity in Spain for 12 years.
ACCIONA Energía has signed a power purchase agreement (PPA) with the global medical technology leader Zimmer Biomet to supply it with 100% renewable electricity in Spain for 12 years. The energy supplied will come from the Cristo Bailones hybrid photovoltaic plant in the province of Ciudad Real, Spain. This plant is currently under development, it … Continue reading Acciona Energía has signed a PPA with Zimmer Biomet to supply it with 100% renewable electricity in Spain for 12 years.
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European electricity markets prices rise due to the growing demand and the fall in wind power and solar energy
In the second week of February, prices of almost all European electricity markets increased compared to the previous week, influenced by the increase in demand in most markets, the drop in wind energy production in markets such as the German, the French or the Italian and the decrease in solar energy production in the Iberian … Continue reading European electricity markets prices rise due to the growing demand and the fall in wind power and solar energy
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Vast, a Market-Leading Concentrated Solar Power (CSP) Company, To Go Public
Vast Solar has agreed to combine with a special purpose acquisition company (SPAC) backed by Nabors Industries (NBR.N) in a deal which will take the Australian company public in New York at a valuation of up to $586 million, the companies told Reuters. SPAC Nabors Energy Transition Corp (NETC.N) is combining with Sydney-based Vast, which … Continue reading Vast, a Market-Leading Concentrated Solar Power (CSP) Company, To Go Public
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China’s solar and wind power industry continues to lead globally
China’s renewable energy industry continued to lead globally in 2022, National Energy Administration official Wang Dapeng said on Monday. China-made photovoltaic modules, wind turbines, gear boxes and other key components accounted for 70 percent of the global market share last year, Wang said at a press conference. China connected 37GW of new wind farms to … Continue reading China’s solar and wind power industry continues to lead globally
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Iberdrola signs a loan of 150 million euros with the EIB for solar and wind energy in Italy
The European Investment Bank (EIB) and Iberdrola have signed a new agreement to accelerate Italy’s energy transition by developing new renewable energy plants. The EU Bank has granted a €150 million green loan for the construction of a portfolio of wind and photovoltaic (PV) projects with a total capacity of around 400 megawatts (MW). These … Continue reading Iberdrola signs a loan of 150 million euros with the EIB for solar and wind energy in Italy
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2023, the drive toward renewables
Here is an overview of the many construction sites that we will be opening in Italy this year. This is also thanks to the acceleration of permitting processes. There are 26 projects in all, including solar parks, storage systems and wind farms. 2023 promises to be a year of major growth for renewables in Italy. … Continue reading 2023, the drive toward renewables
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Position paper from ESTELA, DCSP and Protermosolar on New Electricity Market Design
The European Commission has published a Consultation on the Electricity Market Design. The Commission is particularly concerned about high electricity prices and has the objective to ensure consumers – both households and companies– can access affordable and secure energy from sustainable and renewable sources both now and in the long term. ESTELA, DCSP and Protermosolar … Continue reading Position paper from ESTELA, DCSP and Protermosolar on New Electricity Market Design
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IRENA report highlights hydropower’s evolving role
Current trends in the power sector have prompted changes in the role of hydropower, creating a need to adjust the way these assets are designed, operated and maintained, according to a new report by the International Renewable Energy Agency (IRENA). The “The changing role of hydropower Challenges and opportunities”, produced in the context of IRENA’s … Continue reading IRENA report highlights hydropower’s evolving role
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Vast Solar Concentrated Solar Power reference plant, VS1 Port Augusta, to receive $65 million funding from ARENA
Vast Solar has welcomed the Minister for Climate Change and Energy’s and the Australian Renewable Energy Agency’s (ARENA) announcement that it has approved funding of $65 million for VS1, Vast Solar’s 30MW/ 288MWh reference plant in Port Augusta, South Australia. The funding is another step forward for the project, which will create hundreds of jobs … Continue reading Vast Solar Concentrated Solar Power reference plant, VS1 Port Augusta, to receive $65 million funding from ARENA
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Iberdrola already reaches 40,000 MW of solar and wind energy
The biggest growth has been in photovoltaic, with more than 1,200 MW, followed by onshore wind,power which for the first time exceeds 20,000 MW. Iberdrola continues to make progress in its commitment to reduce dependence on fossil fuels and accelerate the deployment of renewable energy around the world. The company has closed 2022 with almost … Continue reading Iberdrola already reaches 40,000 MW of solar and wind energy
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Pakistan orders speedy completion of solar and wind power projects
Prime Minister Shehbaz Sharif on Sunday directed the speedy completion of solar and wind energy projects. While chairing a meeting on renewable energy in Lahore, he said it was a priority of the government to encourage the production of electricity through solar and wind energy sources. The renewable sources would produce low-cost and environment-friendly electricity, … Continue reading Pakistan orders speedy completion of solar and wind power projects
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The preliminary results for 2022 demonstrate the resilience of the Enel
The Board of Directors of Enel S.p.A., chaired by Michele Crisostomo, met today to review the preliminary consolidated results for 2022. “The preliminary results for 2022 demonstrate the resilience of the Enel Group, which, thanks to the robustness of its integrated business model, achieved ordinary EBITDA of 19.7 billion euros, exceeding the guidance communicated to … Continue reading The preliminary results for 2022 demonstrate the resilience of the Enel
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Vattenfall invests in 76-megawatt agrivoltaic project
Agrivoltaics is the combination of sustainable agriculture and solar power generation on the same agricultural land. Vattenfall has now made a final investment decision for a 76-megawatt solar park Tützpatz in Mecklenburg-Western Pomerania. The project is being set up without state support. Photovoltaics is now one of the cheapest technologies among renewable energies, and solar … Continue reading Vattenfall invests in 76-megawatt agrivoltaic project
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3Sun, the “Sun Factory” Becomes a Film
3Sun’s journey began in 2010, when very few people thought that it would make sense to produce photovoltaic modules in Italy—in Sicily! It’s a journey, and a choice, which today seems forward-thinking, now that Covid, the conflict in Ukraine, and the looming climate crisis, have clearly shown that renewables are the right choice for sustainable … Continue reading 3Sun, the “Sun Factory” Becomes a Film
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ACP Statement on State of the Union Address
American Clean Power Association (ACP) CEO Jason Grumet released this statement following President Joe Biden’s State of the Union address: “Tonight, the President underscored how clean energy is growing our economy, lowering consumer energy costs, and cutting pollution. “Landmark investments in domestic clean energy are creating jobs, while protecting consumers from volatile global energy markets. … Continue reading ACP Statement on State of the Union Address
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Cencentrated solar power, wind power and PV in February
European electricity markets start February downwards helped by demand, renewable energy and gas. In the first week of February, prices of most European electricity markets fell compared to the previous week, favoured by the decrease in demand in most markets, a lower weekly average price of gas, general increases in solar energy production and rises … Continue reading Cencentrated solar power, wind power and PV in February
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ACP Announces 2023 Officers and Board; Incoming CEO Grumet Takes Reins of Organization
The American Clean Power Association (ACP), the leading trade organization representing the clean energy industry, has announced its 2023 incoming Board of Directors, as its new CEO Jason Grumet takes the helm of the organization. The membership of the 2023 Board represents the depth and reach of the clean power industry across the U.S. economy.? … Continue reading ACP Announces 2023 Officers and Board; Incoming CEO Grumet Takes Reins of Organization
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