The utility-scale photovoltaic (PV) market in the United States is experiencing extraordinary growth, with key market segments, prominent players, and federal policies driving this solar revolution. Technological advances and strategic partnerships are pushing the boundaries of solar efficiency and sustainability. In the United States, the utility-scale photovoltaic (PV) market is experiencing unprecedented growth, with cumulative … Continue reading The solar renaissance and the dizzying growth of the photovoltaic market in the United States
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European wind energy production protagonist in the second week of February with a historic record in Germany
In the week of February 5, European electricity market prices remained at levels similar to those they have registered since the second half of January. The MIBEL market registered the lowest weekly averages. Wind energy was the protagonist of the week in most markets and registered an all?time high in Germany on the 6th. Gas … Continue reading European wind energy production protagonist in the second week of February with a historic record in Germany
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Photovoltaic solar energy reduces electricity costs and carbon emissions for 2,000 Mauritian homes
The Central Electricity Board (CEB), under the Ministry of Energy and Public Utilities of Mauritius, has made significant strides in scaling up the deployment of solar (photovoltaics) PV systems under the Home Solar Project (HSP) scheme. The initiative is made possible through concessional funding from Abu Dhabi Fund for Development (ADFD), which has availed USD … Continue reading Photovoltaic solar energy reduces electricity costs and carbon emissions for 2,000 Mauritian homes
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Saudi Arabia advances its solar ambitions by prequalifying 23 major companies for 3.7GW photovoltaic projects
This round covers four solar photovoltaic (PV) Independent Power Plant (IPP) projects totalling 3,700 megawatts (MW). The Saudi Power Procurement Company (SPPC) has revealed the qualification of 23 firms for Round 5 of the National Renewable Energy Programme (NREP). This round covers four solar photovoltaic (PV) Independent Power Plant (IPP) projects totalling 3,700 megawatts (MW). … Continue reading Saudi Arabia advances its solar ambitions by prequalifying 23 major companies for 3.7GW photovoltaic projects
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1.44 GW of hybrid wind power and photovoltaic projects commissioned by 2023 in India
Renewable Energy Implementation Agencies (REIAs) in India, including Solar Energy Corporation of India, NTPC Ltd., SJVN Ltd. and NHPC Ltd., have floated tenders for several hybrid projects aimed at integrating solar PV and wind energy. These tenders cover hybrid solar-wind projects, projects that guarantee supply during peak hours and Round the Clock (RTC) renewable energy … Continue reading 1.44 GW of hybrid wind power and photovoltaic projects commissioned by 2023 in India
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Top photovoltaic inverter manufacturers in 2023
China‘s photovoltaic solar power landscape witnessed a surge in 2023, with 216.88 GW of new installations, showcasing a 148.12% year-on-year increase, as per the latest data from the National Energy Administration (NEA). This surge was accompanied by extensive tenders for solar inverters, especially driven by major state-owned enterprises. Key Insights into China’s Solar Inverter Market … Continue reading Top photovoltaic inverter manufacturers in 2023
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Iberdrola exceeds 42,000 MW renewables
Iberdrola continues to make progress in its fight for decarbonisation, as the only way to have a more sustainable planet. For this reason, the company has closed 2023 with a renewable capacity that exceeds 42,000 MW -specifically, it is at 42,175 MW-, after adding some 3,250 new MW in the last 12 months, as reported … Continue reading Iberdrola exceeds 42,000 MW renewables
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Ingeteam to supply its technology for the largest battery energy storage project in the world
Ingeteam has been selected by Grenergy as its technology partner for what will be the world’s largest battery storage facility when in operation. The Oasis de Atacama project, developed by Grenergy in the Chilean Atacama Desert, will be built in five phases, which combine photovoltaic generation with battery energy storage. Ingeteam will provide its power … Continue reading Ingeteam to supply its technology for the largest battery energy storage project in the world
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RWE and PPC to accelerate Greek energy transition by building photovoltaic projects with nearly 1 gigawatt capacity
Two leading energy groups RWE and PPC continue to forge ahead with Greece’s energy transition through their joint venture company Meton Energy S.A. The company has taken the final investment decision for the construction of an additional photovoltaic project in the country. This solar farm is the last project of the 940 MWp (870 MWac) … Continue reading RWE and PPC to accelerate Greek energy transition by building photovoltaic projects with nearly 1 gigawatt capacity
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Solar photovoltaic and wind energy in the fifth week of 2024
In the week of January 29, average prices in most major European electricity markets were similar to the previous week. Solar energy production continued to increase in most markets as the days got longer, while wind energy production was generally lower than the previous week. Demand decreased in almost all markets. CO2 futures continued to … Continue reading Solar photovoltaic and wind energy in the fifth week of 2024
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Acciona Energía builds a new solar photovoltaic (PV) plant in India
ACCIONA Energía announced today that it will build a new 412MWp photovoltaic project in the state of Rajasthan, India, with commissioning planned by 2025. The solar farm will consist of around 750,000 photovoltaic modules of 545Wp each. It will produce around 800GWh of green electricity per year, enough to power 840,000 households, and will avoid … Continue reading Acciona Energía builds a new solar photovoltaic (PV) plant in India
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Africa installed 3.7 GW of photovoltaics in 2023 and reached 16 GW
According to new figures from the African Solar Industry Association (AFSIA), the continent’s cumulative installed PV capacity reached 16 GW at the end of December, based on 3.7 GW of new annual installations.About 65% of the new installations were industrial and commercial (C&I) power plants for self-consumption, AFSIA said. “Unlike other regions of the world, … Continue reading Africa installed 3.7 GW of photovoltaics in 2023 and reached 16 GW
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European photovoltaic (PV) generation to rise 50 TWh in 2024
European photovoltaic (PV) generation in Europe will increase by about 50 TWh in 2024, more than any other generation source, after the record 60 GW DC of photovoltaic (PV) installations in 2023, Rystad Energy said on Monday. The PV expansion is led by Germany, which last year added 14 GW DC, including 6.5 GW DC … Continue reading European photovoltaic (PV) generation to rise 50 TWh in 2024
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Italy invests 90 million euros in the expansion of Enel’s photovoltaic (PV) panel factory in Sicily
Italy has committed to investing €90 million in Enel’s photovoltaic panel factory located in Sicily, according to an announcement by Prime Minister Giorgia Meloni on Saturday. The substantial investment, sourced from the National Recovery and Resilience Plan (NRRP), is aimed at supporting Enel’s plan to transform the Sicilian facility into Europe’s primary site for solar … Continue reading Italy invests 90 million euros in the expansion of Enel’s photovoltaic (PV) panel factory in Sicily
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The largest photovoltaic (PV) park in the Balkans will be built in Trebinje, Bosnia
The largest photovoltaic park in the Balkans is under construction in Trebinje, Bosnia Herzegovina. This was reported by the Bosnian press. The acting director of the country’s Foreign Investment Promotion Agency (Fipa), Marko Kubatlija, had a meeting with representatives of the Hungarian company Lugos Renewables in order to support the project. Based on the memorandum … Continue reading The largest photovoltaic (PV) park in the Balkans will be built in Trebinje, Bosnia
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Brazil exceeds 38 GW of installed solar photovoltaic (PV) energy, 69% comes from distributed generation
Brazil surpassed the mark of 38 GW installed in solar power photovoltaic (PV) energy considering the centralized generation and distributed generation segments. This means that 16.8% of the Brazilian electricity matrix comes from solar energy. The data is from ABSOLAR (Brazilian Photovoltaic Solar Energy Association), and corroborated by ANEEL (National Electric Energy Agency). According to … Continue reading Brazil exceeds 38 GW of installed solar photovoltaic (PV) energy, 69% comes from distributed generation
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Photovoltaic, wind power capacity in China surpassing coal
Taken together, wind and solar power in China are set to overtake coal plants this year. In 2023, the country added 217 GW in photovoltaics in 2023, more than the rest of the world combined. The United States, the second-biggest market, hosted only 175 GW at the turn of the year. In its annual report, … Continue reading Photovoltaic, wind power capacity in China surpassing coal
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Renewables generated 52.1%, with wind power being the first source of generation in Spain and photovoltaic 7%.
The demand for electrical energy in Spain increases 1.1% in January. Renewables generated 52.1%, up to 12,202 GWh of electricity, with wind power being the first source of generation in Spain for the fourth consecutive month with 24.6% of all electricity production for the monthFor their part, technologies free of CO2 equivalent emissions represented 75.3% … Continue reading Renewables generated 52.1%, with wind power being the first source of generation in Spain and photovoltaic 7%.
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Investments in wind power and photovoltaic energy increase by 17% and reach $1.8 trillion in 2023
Inputs break records, but are still insufficient for the world to achieve the goals stipulated in the Paris AgreementGlobal investments in renewable energy increased by 17% and totaled around $1.8 trillion in 2023, according to a BloombergNEF report. This figure represents a new record level of annual investment in the energy transition, even in a … Continue reading Investments in wind power and photovoltaic energy increase by 17% and reach $1.8 trillion in 2023
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SolarPower Europe publishes guidelines for recycling of photovoltaics (PV) solar panels
Last year the European Union added photovoltac solar power plants and residential photovoltaic systems with a record-breaking total capacity again, 55 GW, bringing the level to 263 gigawatts. With the staggering expansion in the sector, responsible management of solar panels reaching the end of life or malfunctioning is gaining in importance. An increasing number of … Continue reading SolarPower Europe publishes guidelines for recycling of photovoltaics (PV) solar panels
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