As the development of offshore wind projects continues to increase across the U.S., a letter signed by 13 clean energy and environmental organizations was sent to policymakers in coastal Atlantic states today, requesting the states complete the necessary planning and solicitation for offshore transmission systems to support the industry’s long-term growth. The groups urge these states to … Continue reading 13 Organizations Urge Atlantic States to Move Forward with Planning and Solicitations for Offshore Transmission Systems
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April starts with new photovoltaic energy records
In the first week of April, prices fell in the main European electricity markets, with most of them below €50/MWh. Photovoltaic energy reached an all?time production record in Portugal and the second highest value ever in Italy. In France, wind energy registered the second and third highest production for an April month. In addition to … Continue reading April starts with new photovoltaic energy records
Continue readingSolar photovoltaic and wind energy in the last week of March
The Spanish electricity market registers negative prices for the first time and, together with Portugal, continues to have the lowest prices in Europe. In the last week of March, the Iberian MIBEL market registered the lowest prices in Europe for the eighth consecutive week and the Spanish market registered negative prices for the first time … Continue reading Solar photovoltaic and wind energy in the last week of March
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Power capacity additions reached a new benchmark of 473 gigawatts in 2023, but many countries are cut off from the benefits of energy transitions
Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3 870 Gigawatts (GW) globally. Renewables accounted for 86% of capacity additions; however, this growth is unevenly distributed across the world, indicating … Continue reading Power capacity additions reached a new benchmark of 473 gigawatts in 2023, but many countries are cut off from the benefits of energy transitions
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Half of the developers offer batteries in their photovoltaic portfolio in Brazil
Greener published the results of its most recent study on the distributed photovoltaic (PV) generation market in Brazil, revealing some significant trends. Among them, the fact that 49% of respondents said they had hybrid systems in their portfolio stood out, and 12% recorded at least one sale of a kit containing a battery. According to … Continue reading Half of the developers offer batteries in their photovoltaic portfolio in Brazil
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Photovoltaic energy in March has already reached the levels of August last year in the Iberian Peninsula
In the second week of March, prices in European electricity markets showed few variations compared to the previous week, except in the MIBEL market, where they doubled. Even so, the Iberian Peninsula registered the lowest prices. Photovoltaic energy production in Spain and Portugal reached the levels of the end of August and set another record … Continue reading Photovoltaic energy in March has already reached the levels of August last year in the Iberian Peninsula
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Spain wastes 2.1 billion in photovoltaic and wind energy due to lack of demand and networks
Last year, Spain added a renewable generation capacity of 8,400 megawatts to its electricity grid, made up of 5,899 megawatts of wind and photovoltaic energy, and around 2,500 photovoltaic megawatts for self-consumption. This dynamism in the renewable sector has not been accompanied by similar growth in grid infrastructure, resulting in areas where local grids lack … Continue reading Spain wastes 2.1 billion in photovoltaic and wind energy due to lack of demand and networks
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Grid interconnection milestone for New York’s Empire Wind 1 project
Equinor today announced that the Federal Energy Regulatory Commission (FERC) approved on March 1 the Large Generator Interconnection Agreement (LGIA) executed between the company’s Empire Wind 1 project, New York ISO (NYISO) and Consolidated Edison Company of New York. The announcement marks the first FERC approval for any offshore wind project to connect directly into … Continue reading Grid interconnection milestone for New York’s Empire Wind 1 project
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Commitment to photovoltaic energy in Europe results in record figures for a March month in several markets
In the first week of March, solar photovoltaic energy production reached the highest daily value for a March month in history in most major European electricity markets. This did not prevent weekly average market prices from being higher than in the previous week, supported by higher demand and gas and CO2 prices, as well as … Continue reading Commitment to photovoltaic energy in Europe results in record figures for a March month in several markets
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Advances in photovoltaics, wind power and hydraulics in Pakistan
Pakistan, a country with a growing population and increasing energy demand, has made significant progress in adopting renewable energy sources to meet its energy needs.The nation, known for its rich solar and wind resources, has been harnessing these abundant natural elements to transition to a cleaner, more sustainable energy future. First, let’s talk about the … Continue reading Advances in photovoltaics, wind power and hydraulics in Pakistan
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Solar photovoltaic and wind energy in February
European electricity markets in February reached their lowest prices since the first half of 2021. In February, prices in the main European electricity markets fell, most of them reaching the lowest levels since the first half of 2021. Photovoltaic energy reached the production record for a February month in Spain and Portugal, a milestone that … Continue reading Solar photovoltaic and wind energy in February
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Enel: new record in 2023 of producer and prosumer connections photovoltaic to its grids for the energy transition
Enel Grids, the Enel Group’s global business line dedicated to electricity distribution, reached a record of nearly 540,000 new producer-prosumer connections to its grids in 2023, a 56% increase over the previous record set in 2022[1]. These connections, of which about 90% are located in Europe, added 7.9 GW of renewable capacity to the distribution … Continue reading Enel: new record in 2023 of producer and prosumer connections photovoltaic to its grids for the energy transition
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Dismantling myths surrounding wind energy
Pedro Fresco presents his book Energy Fakes and dismantles some common myths about wind energy. The myths and mythologies that surround wind energy are not much different from those spread about photovoltaics. Renewable energies, in general, are the target of certain groups with political, economic, or personal interests who do not want a transition to … Continue reading Dismantling myths surrounding wind energy
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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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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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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
Continue readingUnprecedented renewables growth keeps 2030 tripling dream alive – IEA’s Heymi Bahar
The world added 50% more renewable capacity in 2023 than in 2022, with the next five years set to see the fastest growth yet. China and solar photovoltaic (PV) were the stars of the show. Energy Monitor interviews Heymi Bahar, co-author of the IEA’s Renewables 2023 report. Renewable energy around the world is expanding faster … Continue reading Unprecedented renewables growth keeps 2030 tripling dream alive – IEA’s Heymi Bahar
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The economics of wind and photovoltaics (PV) demand massive investments in integration now
The expansion of renewable energy and electrification is growing rapidly in many parts of the world as momentum behind the global energy transition gathers pace. While the renewable energy technologies driving this change are well-known and, in many cases, cost competitive with fossil fuels, the fundamental infrastructure required for their deployment is lagging. Insufficient grid … Continue reading The economics of wind and photovoltaics (PV) demand massive investments in integration now
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Clean sources of generation are set to cover all of the world’s additional electricity demand over the next three years
Global electricity demand is expected to grow at a faster rate over the next three years as the clean energy transition gathers speed, with all the additional demand forecast to be covered by technologies that produce low-emissions electricity, according to a new report from the IEA. Electricity 2024 is the latest edition of the IEA’s … Continue reading Clean sources of generation are set to cover all of the world’s additional electricity demand over the next three years
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