Category Archives: Other renewables

RWE builds photovoltaic plants with battery storage in Germany

Can solar energy be used even when the sun does not shine? Yes, thanks to photovoltaic systems with attached battery storage facilities. RWE is currently constructing two plants of this type in Germany. At Garzweiler Mine near the city of Bedburg in North Rhine-Westphalia, a total of over 58,340 modules will collect sunlight to produce … Continue reading RWE builds photovoltaic plants with battery storage in Germany

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Increasing cost pressures and design flaws undermine Spanish auction

Spain has published the results of its 2022 onshore wind auction. Plenty of wind energy projects bid in. But only 46 MW got awarded, results of combination of current cost pressures and a flawed “secret” price cap. The 2022 Spanish renewables auction was very disappointing. A total of 3.3 GW was up for tender, 1.8 … Continue reading Increasing cost pressures and design flaws undermine Spanish auction

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Wind energy reduced prices in MIBEL while gas raised them in the rest of European markets

In the third week of November, prices of most European electricity markets rose as a result of the increase in gas prices, a higher electricity demand and the drop in solar energy production. However, in the MIBEL market, prices fell thanks to the increase in wind energy production, which allowed the lowest price since June … Continue reading Wind energy reduced prices in MIBEL while gas raised them in the rest of European markets

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Accelerating Energy Transition Solutions at COP27

At the UN Climate Change Conference COP27 in Sharm el-Sheikh, IRENA’s Director-General Francesco La Camera addresses world leaders, industry CEOs, global partners, and allies. As the world increasingly recognises renewable energy as a multiplier solution that addresses climate challenges, fosters socioeconomic growth and enhances energy security amid a global energy crisis, Francesco La Camera emphasised … Continue reading Accelerating Energy Transition Solutions at COP27

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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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Could the Energy Transition Benefit Africa’s Economies?

As the world’s youngest continent, Africa is expected to be home to nearly 2.5 billion people by 2050. Eighty percent of them will live in Sub-Saharan Africa, where less than half of all people have access to electricity today, and as little as 16% have access to clean cooking fuels and technologies. Africa is also … Continue reading Could the Energy Transition Benefit Africa’s Economies?

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In the first half of November, solar energy production continues growing for another year in all European markets

The solar energy production of the first fifteen days of November increased compared to that of the same days of 2021 in all analysed markets. The largest increase was that of the Italian market, of 61%, followed by that of the German market, of 59%. In the case of the wind energy production, increases were … Continue reading In the first half of November, solar energy production continues growing for another year in all European markets

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Iberdrola: €1.5 billion green bond with strong investor support

Iberdrola has tapped the fixed income market in Europe, as it did in March, successfully closing a double-tranche transaction for a combined amount of €1.5 billion: €750 million with a six-year maturity and €750 million with a ten-year maturity, in both cases in green format, increasing the amount expected due to the high demand received. … Continue reading Iberdrola: €1.5 billion green bond with strong investor support

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Net Zero Pledges in G7 to Drive Up Global Hydrogen Demand by Up to 7 Times

G7 members can be the front runners in low carbon and green hydrogen deployment, a new report by the International Renewable Energy Agency (IRENA) concludes. Overall, the consumption of hydrogen by G7 countries could grow between four and seven times by 2050. Published today at the UN Climate Change Conference COP27 in Sharm El-Sheikh, Accelerating … Continue reading Net Zero Pledges in G7 to Drive Up Global Hydrogen Demand by Up to 7 Times

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TES, an energy storage technology inspired by nature

Stones that store heat, heat that generates steam, steam that expands in a machine that, in turn, generates electricity: this is an energy storage system that’s so simple it’s revolutionary – because instead of using “rare earth” minerals or raw materials that are only present in certain areas of the planet: it simply uses ordinary … Continue reading TES, an energy storage technology inspired by nature

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GE and IRENA sign collaborative agreement at COP27 to support the global climate change agenda

GE (NYSE:GE) signed a framework agreement with the International Renewable Energy Agency (IRENA) to collaborate on a plan which will support both climate change and energy security.  The agreement was signed by Francesco La Camera, Director-General of IRENA and Roger Martella, Chief Sustainability Officer of GE at the 27th Conference of the Parties of the UNFCCC … Continue reading GE and IRENA sign collaborative agreement at COP27 to support the global climate change agenda

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IRENA Maps Pathway for ASEAN to Lead Net-Zero Race

By 2050, the economic and demographic expansion in Southeast Asia will cause a roughly 2.5-fold rise in energy demand. The amount of CO2 emissions associated with energy would double along with this growth. Recognising the dangers, the Association of Southeast Asian Nations (ASEAN) member states have set decarbonisation targets and pledged to reduce emissions in … Continue reading IRENA Maps Pathway for ASEAN to Lead Net-Zero Race

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Iberdrola presents its Climate Action Plan at COP27

The company has set itself the goal of achieving emissions neutrality in its generation plants and own consumption by 2030 and reaching zero net emissions in all its activities by 2040. In line with its commitment to biodiversity protection, Iberdrola will also achieve a net positive impact on species and ecosystems by 2030. Both targets … Continue reading Iberdrola presents its Climate Action Plan at COP27

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ACEC launches to rapidly drive corporate clean energy procurement in Asia

Asia Clean Energy Coalition (ACEC) which aims to rapidly drive corporate clean energy procurement in Asia.  Founded by Climate Group, the Global Wind Energy Council (GWEC) and the World Resources Institute (WRI), ACEC will bring expertise, credibility and a unified voice among business to accelerate the overall demand and supply of clean energy across the … Continue reading ACEC launches to rapidly drive corporate clean energy procurement in Asia

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The development of storage systems

Enel Green Power has long been committed to creating solutions that reduce the discontinuity of renewable sources: good examples include the Azure Sky Wind + BESS facility in Texas and “second life” batteries in Melilla. At this point, it’s a fact: the increase in the incidence of renewables in electricity systems makes the role of … Continue reading The development of storage systems

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IRENA and World Meteorological Organization Join to Promote Clean Energy Transition

The International Renewable Energy Agency (IRENA) and the World Meteorological Organization (WMO) will work together to support the transition to renewable energy through tailored weather, water and climate services. A Memorandum of Understanding signed today at the UN Climate Conference COP27 in Sharm el-Sheikh by IRENA’s Director-General Francesco La Camera and WMO’s Secretary-General Prof Petteri … Continue reading IRENA and World Meteorological Organization Join to Promote Clean Energy Transition

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RWE accelerates expansion of its green portfolio

RWE is actively forging ahead with the implementation of its Growing Green strategy. In the first nine months of 2022, the company expanded its green portfolio by 1.3 gigawatts (GW). Projects currently under construction and acquisitions already announced will expand the portfolio by a further 9.4 GW. That includes the purchase of Con Edison Clean Energy Businesses, … Continue reading RWE accelerates expansion of its green portfolio

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Acciona Energía signs PPA to supply renewable energy to Stanwell Corporation

MacIntyre wind farm: ACCIONA Energía will supply 150MW of renewable electricity to Queensland’s publicly owned energy generator from the largest wind farm in the southern hemisphere. ACCIONA Energía has signed an agreement for the supply of 150MW of 100% renewable energy to Queensland’s publicly owned energy generator Stanwell Corporation. The energy will come from ACCIONA … Continue reading Acciona Energía signs PPA to supply renewable energy to Stanwell Corporation

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European solar and wind energy production grew year on year in October

In the month of October, the solar energy production increased compared to the same month of 2021 in all analysed European markets. The largest increase, of 19%, was registered in the Italian market, followed by the 16% rise of the Portuguese market. Portugal also registered the highest year?on?year increase in wind energy production, of 27%. … Continue reading European solar and wind energy production grew year on year in October

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Iberdrola to invest record €47bn in the energy transition in 2023-2025

Growth based on investments in electricity networks and a selective approach to renewables Improving earnings quality and protecting balance sheet strength through geographical diversification and a prudent financial model Highlights:–    Record investment plan of €47bn to 2025, driven by organic investments in all markets and PNM Resources transaction.–    Strong financial ratios during the … Continue reading Iberdrola to invest record €47bn in the energy transition in 2023-2025

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