Acwa Power, a leading Saudi developer of power and desalination projects, has announced that the project company for Shuaa Energy 3 plant in Dubai has obtained the commercial operation certificate for Phase C of the facility. The Shuaa Energy 3 plant is being set up as part of Mohammed bin Rashid Al Maktoum Solar Park, … Continue reading Acwa Power gets commercial operation certificate for 300 MW photovoltaic solar project
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Photovoltaic polysilicon prices plummet to critical levels
Polysilicon in China has seen a significant downward trend, with prices nearing the critical threshold of CNY 30 per kg, posing severe challenges to the cash costs of manufacturers involved. Solarbe Global Weekly Polysilicon Prices Update (May 9-May 16, 2024) Material Price Range (CNY/kg) Average Price (CNY/kg) Average Price (USD/kg) Weekly Change (%) N-type 41.00 … Continue reading Photovoltaic polysilicon prices plummet to critical levels
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In Peru there are more than 10,000 MW in photovoltaic projects and more than 9,000 MW in wind energy
There is no shortage of proposals, but of energy buyers, constant supply capacity and prices.Renewable energy projects in Peru reach 20,000 megawatts, but without demand?Large energy consumers have turned their attention to renewable sources and mechanisms that guarantee that their operations impact the environment as little as possible. Is this enough to promote the projects … Continue reading In Peru there are more than 10,000 MW in photovoltaic projects and more than 9,000 MW in wind energy
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United States: $71 million invested in photovoltaic
The Biden administration announces a $71 million investment to strengthen the U.S. photovoltaic supply chain.As part of President Biden’s “Investing in America” agenda, the DOE (Department of Energy) has unveiled a $71 million investment. This funding is intended for research, development and demonstration projects. 16 million from the Bipartisan Infrastructure Law. The aim is to … Continue reading United States: $71 million invested in photovoltaic
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Naturgy begins the construction of a 300 MWp photovoltaic plant in Spain
Spanish company Naturgy has started building a 300 MWp photovoltaic solar park at a site in the Extremadura region of western Spain, the company said on Friday. The plant, called Campo de Aranuelo, will be Naturgy’s largest solar photovoltaic installation in Spain, according to the group, which is investing more than 150 million euros in … Continue reading Naturgy begins the construction of a 300 MWp photovoltaic plant in Spain
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Floating photovoltaics could limit Africa’s future reliance on hydro-generated energy
Floating photovoltaics (FPV), also known as floating solar farms, are photovoltaic systems that can be deployed on the sea’s surface or on other bodies of water. While their environmental impact is still the topic of debate worldwide, these systems could be highly advantageous for generating renewable energy, particularly in warm regions where available land is … Continue reading Floating photovoltaics could limit Africa’s future reliance on hydro-generated energy
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Industry executive sees promising future for photovoltaic solar power in Spain
In April, renewables in Spain reached a share of 64.6 percent of total monthly generation. Solar photovoltaics increased production by 4.4 percent compared to the same month in 2023. Photovoltaic (PV) solar energy has a “promising future ahead” and “great potential to expand” in Spain, an industry executive told Xinhua in an interview on Friday. … Continue reading Industry executive sees promising future for photovoltaic solar power in Spain
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Tracker photovoltaic supplier Axial reports robust sales for Q1 2024
Spanish solar tracker supplier Axial announced strong financial results for the first quarter of 2024, with sales exceeding €120 million. CEO José Luis Fayos highlighted the company’s success during the quarterly results presentation. He noted that the company surpassed its 2023 goals for revenue, completed projects, and power supplied, and is continuing its upward trend … Continue reading Tracker photovoltaic supplier Axial reports robust sales for Q1 2024
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ACP Statement on Clean Energy Manufacturing Policy Announcements
The American Clean Power Association (ACP) released the following statement from ACP CEO Jason Grumet after the U.S. Treasury released new guidance on the domestic content bonus credit for qualifying wind, solar, and energy storage technologies: “The domestic manufacturing incentives in the Inflation Reduction Act are essential to strengthen America’s clean energy supply chain. We commend … Continue reading ACP Statement on Clean Energy Manufacturing Policy Announcements
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Space, the new frontier of photovoltaics
This isn’t science fiction: producing photovoltaic energy directly in space and then beaming it down for use on Earth is the focus of the European Space Agency’s SOLARIS project, which we’re also involved in. The first major goal: to place a one-megawatt power plant in orbit by 2030. The results of the project will also … Continue reading Space, the new frontier of photovoltaics
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US tariffs on photovoltaic imports will “have limited impact” on Chinese companies
Major Chinese photovoltaic (PV) enterprises said that the U.S. move to double tariff rates on PV cell imports from China to 50 percent would have a limited impact on them, according to media reports. The U.S. move will only backfire on itself and harm the country’ s green transformation and industrial development, experts said. The … Continue reading US tariffs on photovoltaic imports will “have limited impact” on Chinese companies
Continue readingMain suppliers of photovoltaic modules in the first quarter of 2024
JinkoSolar, JA Solar, Trina Solar, and LONGi shipped about 63 GW of PV modules in the first quarter of 2024, accounting for over 55% of total shipments, underscoring intensified concentration. The top 10 brands collectively delivered around 98 GW, capturing nearly 86% of shipments, surpassing industry expectations. The market dominance of the top 4 brands, … Continue reading Main suppliers of photovoltaic modules in the first quarter of 2024
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REPowerEU – EU presents new initiatives to strengthen energy security and accelerate transition to renewables
Today is the second anniversary of REPowerEU, the EU’s energy policy response to Russia’s invasion of Ukraine. REPowerEU has speeded up the permitting of wind farms and helped raise the share of wind in Europe’s electricity mix – it’s now 19%. The EU have now launched new initiatives to keep the momentum of REPowerEU by … Continue reading REPowerEU – EU presents new initiatives to strengthen energy security and accelerate transition to renewables
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Photovoltaic and wind power in the second week of May
In the second week of May, prices in the main European electricity markets remained at similar levels to those of previous weeks, although the weekly average rose in most of them. The weekly average price fell only in the French market, which registered the lowest value, thus breaking the Iberian market’s streak of the lowest … Continue reading Photovoltaic and wind power in the second week of May
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Alcampo launches photovoltaic covers in two hypermarkets in Seville and Barcelona
Alcampo and the photovoltaic promoter and operator Helexia have launched two photovoltaic covers for self-consumption in the hypermarkets of Seville-Tamarguillo and the Barcelona town of Sant Boi de Llobregat. These facilities are added to the two already existing in Aranda de Duero and Teruel, with which both parties launched their alliance in 2023 to develop … Continue reading Alcampo launches photovoltaic covers in two hypermarkets in Seville and Barcelona
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Photovoltaic energy production in Germany reaches record levels
Photovoltaics produced more than 60% of Germany’s electricity for several hours a day over the past week, as sunlight combined with new solar generating capacity helped accelerate the country’s energy transition away from fossil fuels. .During the week ending May 13, Germany’s solar parks produced 17,531 megawatt hours (MWh) of electricity, according to LSEG data, … Continue reading Photovoltaic energy production in Germany reaches record levels
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Mitsui will invest 193 million dollars in a photovoltaic park in Texas
Japanese trading giant Mitsui & Co. will invest around 30 billion yen ($193 million) over two years to build a photovoltaic park in Texas. The company announced this last week, explaining that it wanted to tap into the potential offered by a state that has so far mainly developed wind energy. Mitsui aims to sell … Continue reading Mitsui will invest 193 million dollars in a photovoltaic park in Texas
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Andes Solar will build its first photovoltaic energy project in Peru
The Chilean renewable energy developer Andes Solar has announced the signing of a contract with the Peruvian electricity distributor CVC Energía to carry out its first photovoltaic energy project in the country. The southern company has been operating in the Peruvian market for more than a year, consolidating its expansion process through the development of … Continue reading Andes Solar will build its first photovoltaic energy project in Peru
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Renewable energy passes 30% of world’s electricity supply
Renewable energy accounted for more than 30% of the world’s electricity for the first time last year following a rapid rise in wind and photovoltaic solar power, according to new figures. A report on the global power system has found that the world may be on the brink of driving down fossil fuel generation, even … Continue reading Renewable energy passes 30% of world’s electricity supply
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Scientex to deploy photovoltaic across its facilities in Malaysia
Global packaging manufacturer and property developer Scientex Bhd has announced an expansion of its renewable energy initiative by deploying solar photovoltaic (PV) systems across the group’s facilities in Malaysia. Since 2022, Scientex has integrated renewable energy into its operations as part of its carbon footprint reduction initiative. The group is now scaling up its efforts, … Continue reading Scientex to deploy photovoltaic across its facilities in Malaysia
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