The company has promoted wind energy and solar projects in eleven autonomous communities. Iberdrola – which has accelerated its investment plan to contribute to the economic recovery – plans to commission a further 1,500 MW of renewables in the near future, of which 1,000 MW are already under construction. Iberdrola has consolidated its position as … Continue reading Iberdrola consolidates its position as the biggest driver of renewables in Spain with the installation of 2,000 new MW during the pandemic
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Acciona Energía places €500m ten-year green bond
80% of the bond issuance went to environmentally conscious investors, which consolidates ACCIONA Energía’s position as a benchmark sustainable investment. ACCIONA Energía successfully completed the placement of a €500 million ten-year green bond issuance. The transaction closed yesterday at a spread of 98bp over mid-swap, with a 1.387% yield for investors. The cost for the … Continue reading Acciona Energía places €500m ten-year green bond
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Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai
The three 200 MW parabolic trough plants are part of phase IV of the Mohammed bin Rashid Al Maktoum Solar Park (MBR) in the United Arab Emirates. Abengoa has broken a production record by installing 86 collectors per week. A total of 6,360 collectors were installed during construction. Aerial view of a parabolic trough solar … Continue reading Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai
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MidAmerican plans 2GW of wind energy and solar power in Iowa
Warren Buffett’s investment firm Berkshire Hathaway unveils plans for its Wind Prime project, which would feature 2,042 MW of wind power and 50MW of solar energy. MidAmerican Energy is planning a $3.9 billion renewable energy project in Iowa, including wind and solar generation. In a filing with the Iowa Utilities Board, MidAmerican’s proposed project, called … Continue reading MidAmerican plans 2GW of wind energy and solar power in Iowa
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RWE successful in Polish renewables auctions
RWE is growing its renewables portfolio in Poland: at the end of December the company received Contract for Difference (CfD) awards from the Polish Energy Regulatory Office for solar projects with a total capacity of more than 20 megawatts (MWac). “These projects strengthen our position as a leading producer of green electricity in Poland,” explains … Continue reading RWE successful in Polish renewables auctions
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Photovoltaic and concentrated solar power and wind energy production in Europe
The prices of the European electricity markets continued to rise in the second week of 2022. In the second week of 2022, the prices of the European electricity markets rose, with most values averaging above €200/MWh. Demand increased across the board and wind energy fell, a combination that, together with high gas and CO2 prices, … Continue reading Photovoltaic and concentrated solar power and wind energy production in Europe
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American Clean Power statement on Biden-Harris Administration Section 201 tariff appeal
American Clean Power CEO Heather Zichal issued the following statement today after the Biden-Harris Administration decided to appeal the November 2021 court decision regarding current 201 tariffs on solar panels coming into the United States: “The American Clean Power Association is disappointed by the Biden-Harris Administration’s latest blow to the domestic solar industry with the … Continue reading American Clean Power statement on Biden-Harris Administration Section 201 tariff appeal
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El Salvador Eyes Major Renewables Push Under New Partnership with IRENA
El Salvador has today signed a framework agreement with the International Renewable Energy Agency (IRENA) that will see the two parties work closely to drive the Central American country’s national decarbonisation efforts in support of climate and economic development objectives. The agreement was signed during the 12th Assembly of IRENA by Ms Alexandra Hill Tinoco, … Continue reading El Salvador Eyes Major Renewables Push Under New Partnership with IRENA
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India and IRENA Strengthen Ties as Country Plans Major Renewables and Hydrogen Push
India’s Ministry of New and Renewable Energy has signed a strategic partnership agreement with IRENA today, signalling its intent to further strengthen its collaboration with IRENA in the field of Renewable Energy. The agreement was signed by the Ministry of New and Renewable Energy (MNRE) Secretary, Mr. Indu Shekhar Chaturvedi and IRENA Director-General Francesco La … Continue reading India and IRENA Strengthen Ties as Country Plans Major Renewables and Hydrogen Push
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Iberdrola becomes a leading UK solar developer
Through ScottishPower, it has signed two deals to acquire 17 photovoltaic projects at an advanced stage of development, with a combined capacity of 800 MW. Commissioning will require an investment of approximately £500 million (circa €600 million) The company chaired by Ignacio Galán has closed 30 corporate transactions since the beginning of 2020, including 17 … Continue reading Iberdrola becomes a leading UK solar developer
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Energy Transition Central to Africa’s Economic Future
An integrated policy framework built around the energy transition could bring a wave of new sustainable energy investment to Africa, growing the region’s economy by 6.4 per cent by 2050, results of an analysis published today by the International Renewable Energy Agency (IRENA) in collaboration with the African Development Bank (AfDB) revealed. The report, Renewable … Continue reading Energy Transition Central to Africa’s Economic Future
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The energy transition: EGP and IRENA will collaborate on renewables and green hydrogen
Head of EGP Salvatore Bernabei and the Director-General of the intergovernmental agency IRENA, Francesco La Camera, have signed an agreement to cooperate from a technological, regulatory and financial perspective on the energy transition. Enel Green Power and IRENA, the International Renewable Energy Agency, have signed a partnership agreement aimed specifically at accelerating the energy transition. … Continue reading The energy transition: EGP and IRENA will collaborate on renewables and green hydrogen
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A Renewable Future for Pakistan
Pakistan recently submitted its revised Nationally Determined Contributions (NDCs) to the United Nations Framework Convention on Climate Change (UNFCCC). NDCs are at the heart of the Paris Climate agreement and contain ambitious targets set by countries for themselves for successive periods of 5 years. The purpose of these targets is to reduce national emissions and … Continue reading A Renewable Future for Pakistan
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EDPR completes construction of Riverstart, Indiana’s largest solar farm
EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, through its subsidiary EDP Renewables North America LLC, has completed the construction of the 200 MW Riverstart solar farm. The company closed a 20-year power purchase agreement (PPA) with Hoosier Energy Cooperative, which will use the power generated by the solar farm to supply … Continue reading EDPR completes construction of Riverstart, Indiana’s largest solar farm
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Germany announces massive wind energy expansion
During a press conference, Germany’s new Green Minister for Economics and Climate, Robert Habeck, presented his energy and climate plans for the year 2022 and beyond. The plans include a massive expansion of wind energy with up to 10 GW of annual new onshore wind installations towards the end of this decade. The German Government … Continue reading Germany announces massive wind energy expansion
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Twelfth IRENA Assembly to Build Energy Transition Momentum Post-COP26
The Twelfth Session of the International Renewable Energy Agency’s (IRENA) Assembly will take place virtually on the 15th and 16th of January, in Abu Dhabi, United Arab Emirates. The Assembly represents the first high-level meeting of the global energy and environment community of the year and will serve as a follow up to the energy … Continue reading Twelfth IRENA Assembly to Build Energy Transition Momentum Post-COP26
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Ørsted partners with Liquid Wind and expands presence in green fuels with investment in large-scale e-methanol project in Sweden
Ørsted and Liquid Wind AB have reached an agreement, under which Ørsted will acquire a 45 % ownership share of Liquid Wind AB’s FlagshipONE e-methanol project. FlagshipONE is a late-stage development project and could become the world’s first large-scale sustainable e-methanol project. Liquid Wind AB plans to establish a series of facilities across Sweden to … Continue reading Ørsted partners with Liquid Wind and expands presence in green fuels with investment in large-scale e-methanol project in Sweden
Continue readingPhotovoltaic and concentrated solar power and wind energy in Europe
In the first week of January, European electricity markets prices increased compared to the previous week and in most cases the average exceeded €150/MWh, despite the fact that negative hourly prices were registered in some markets at the beginning of the week. Electricity futures rose in most markets. The increase in demand and the high … Continue reading Photovoltaic and concentrated solar power and wind energy in Europe
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Solar PV and wind power market in the US will be driven by favorable government policies
Renewable power held a 19% share of the US’s total power capacity in 2020, according to GlobalData, and this share is expected to increase significantly to 48.4% by 2030. The leading data and analytics company notes that favorable policies introduced by the US government will continue to drive the country’s renewable sector, particularly solar PV … Continue reading Solar PV and wind power market in the US will be driven by favorable government policies
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Photovoltaic and concentrated solar power and wind energy production
After the declines of 2020, the demand and prices of the energy markets recovered in 2021, the latter leading an escalation that made almost all European electricity markets settle with a yearly price of more than €100/MWh and break hourly and daily historical records repeatedly. Behind these increases are gas and CO2 prices that also … Continue reading Photovoltaic and concentrated solar power and wind energy production
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