Energy companies have plans in different states of maturity to build up to 40 pumped hydroelectric plants with a power of 15,000 MW, triple those already operational in the country.The massive deployment of new renewable energy plants in Spain forces us to face major challenges for the reorganization of the electrical system. The intermittency of … Continue reading Pumping, ‘superbatteries’ for more wind power and photovoltaic energy
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European electricity markets react to increased wind energy production with price declines
In the second week of June, prices in most major European electricity markets fell compared to the previous week. Over the weekend, almost all markets reached negative hourly prices. The Iberian market registered prices of ?€2.00/MWh, which is the lowest value in the history of this market. France reached the lowest price since the end … Continue reading European electricity markets react to increased wind energy production with price declines
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Spain’s wind `power and photovoltaic energy could exceed demand
The Castilla-La Mancha region of central Spain was once known for its wind turbines. The 28 huge wind turbines of the Sierra del Romeral wind farm, located in the hills not far from the historic city of Toledo, dominate this landscape. Operated by Iberdrola, they are part of a trend that has accelerated Spanish production … Continue reading Spain’s wind `power and photovoltaic energy could exceed demand
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Solar photovoltaic (PV) and wind power capacity expected to surpass 1,200 GW target next year in China
GlobalData’s latest report, “China Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2024-2035” reveals that solar PV power is expected to maintain its status as the dominant source of renewable power until 2035. Financial incentives and policy support are among the primary drivers that facilitate the achievement of targets ahead of schedule. China to … Continue reading Solar photovoltaic (PV) and wind power capacity expected to surpass 1,200 GW target next year in China
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Nordex exceeds 5 GW threshold for wind energy installations in the Nordic countries
With the installation of an N163/5.X turbine at the Kalistanneva wind farm in Finland, the Nordex Group has surpassed the threshold of 5 GW of installed capacity in the Nordic region. A total of 1,234 “Made by Nordex” wind turbines are currently in operation in Denmark, Finland, Sweden and Norway and produce clean electricity for … Continue reading Nordex exceeds 5 GW threshold for wind energy installations in the Nordic countries
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IRENA Supports Ukraine in Rebuilding Damaged Energy Infrastructure
Today, at the Ukraine Recovery Conference in Berlin, the International Renewable Energy Agency (IRENA) and the Energy Community Secretariat (ECS) jointly put forward a Letter of Intent to closely work together in support of sustainable energy initiatives in Ukraine. Ukraine, an IRENA Member since 2018, appealed to the Agency and its Member Countries during the … Continue reading IRENA Supports Ukraine in Rebuilding Damaged Energy Infrastructure
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Ørsted invests in battery energy storage system co-located with Hornsea 3 Offshore Wind Farm
Ørsted has taken final investment decision on a battery energy storage system, which will provide stability to the UK energy supply and reduce price volatility. The Tesla battery energy storage system will be installed on the same site as the onshore converter station for Ørsted’s Hornsea 3 Offshore Wind Farm in Swardeston, near Norwich, Norfolk, … Continue reading Ørsted invests in battery energy storage system co-located with Hornsea 3 Offshore Wind Farm
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Vestas wins order for 72 MW of wind power in Germany
Vestas has received a 72 MW order from Denker & Wulf AG for the Holtsee wind energy project in Schleswig-Holstein, Germany. Vestas will deliver ten V162-7.2 MW wind turbines and the order includes the supply, delivery and commissioning of the wind turbines. “This order from customer Denker & Wulf AG underlines the efficient technology of … Continue reading Vestas wins order for 72 MW of wind power in Germany
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ACP Statement on Maryland Offshore Wind Partnership
The American Clean Power Association (ACP) released the following statement from Anne Reynolds, ACP Vice President for Offshore Wind, after the Department of the Interior and the State of Maryland signed a memorandum of understanding (MOU) to continue their partnership to develop a robust supply chain and ensure access to lease areas to help Maryland … Continue reading ACP Statement on Maryland Offshore Wind Partnership
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Investment in clean energy this year is set to be twice the amount going to fossil fuels
Global spending on clean energy technologies and infrastructure on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by … Continue reading Investment in clean energy this year is set to be twice the amount going to fossil fuels
Continue readingVestas wins order for 68 MW of wind energy in Austria
Vestas has received an order for 68 MW from ImWind Erneuerbare Energie GmbH for a wind energy project in Loidesthal, Austria. The order includes the supply, delivery and commissioning of ten V162-6.2 MW wind turbines and one V150-6.0 MW wind turbine. Upon completion, Vestas will service the turbines under a 25-year Active Output Management 4000 … Continue reading Vestas wins order for 68 MW of wind energy in Austria
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Atlántico seeks to be the center of Colombia’s energy transition due to its great photovoltaic and wind energy potential
The great potential that the Atlantic has for the development of solar and wind projects on marine and terrestrial lands can position the department as the “center of the country’s energy transition,” according to Governor Eduardo Verano. Proof of this is that the department is the epicenter of 10 solar projects, which total approximately 1,000 … Continue reading Atlántico seeks to be the center of Colombia’s energy transition due to its great photovoltaic and wind energy potential
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Lower prices in European electricity markets in the last week of May and new photovoltaic record in Portugal
In the last week of May, prices in most European electricity markets fell compared to the previous week. Most markets registered negative prices at the end of the week. The increase in renewable energy production and the decrease in demand in some markets favored the decreases. On May 27, Portugal broke the all?time record for … Continue reading Lower prices in European electricity markets in the last week of May and new photovoltaic record in Portugal
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Batteries: frequently asked questions
An introduction to batteries, from lithium-ion (Li-ion) and sodium-ion (Na-ion) technologies to battery raw materials including lithium, nickel, cobalt and manganese. Batteries are critical to the energy transition. They power new electric vehicles (EVs) and provide energy support for grids with an increasing share of intermittent supply from renewables. So, what are batteries made of? … Continue reading Batteries: frequently asked questions
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Photovoltaic solar becomes the leading technology in the Spanish generation mix for the first time in May, with 23.8% of the total
Monthly production with renewables in our country represented 63% and technologies that do not emit CO2 equivalent reached a share of 81.4%: wind contributed 20.2% and photovoltaic 23.8%.The demand for electrical energy in Spain increases 1.1% in May. Electricity demand grows by 3.8% in the Balearic Islands and 2.8% in the Canary Islands, once the … Continue reading Photovoltaic solar becomes the leading technology in the Spanish generation mix for the first time in May, with 23.8% of the total
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252 MW wind power plant in Gulf of Suez ‘milestone’ in Europe-Egypt relations
The opening of a 252-megawatt wind power plant in the Gulf of Suez is an important milestone in the long-term partnership between Egypt and Europe, Eric Chevallier, French ambassador in Cairo, said on Sunday. During the inauguration of the wind farm, Chevallier told Egypt Today that France is committed to cooperating with the European Union, … Continue reading 252 MW wind power plant in Gulf of Suez ‘milestone’ in Europe-Egypt relations
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ACP Statement on Proposed Technology-Neutral Clean Electricity Production and Investment Tax Credit Guidance
The American Clean Power Association (ACP) released the following statement from ACP Chief Advocacy Officer JC Sandberg after the U.S. Treasury released proposed guidance on the technology-neutral clean electricity production and investment tax credit for sections 45Y and 48E of the Inflation Reduction Act (IRA): “We commend today’s proposed technology-neutral guidance that will help provide a … Continue reading ACP Statement on Proposed Technology-Neutral Clean Electricity Production and Investment Tax Credit Guidance
Continue readingPrices rise in European electricity markets due to gas and CO2 while photovoltaic energy continues to set records
In the week of May 20, prices in the main European electricity markets rose following increases in gas and CO2 prices. TTF gas and CO2 futures reached the highest values since the first half of December 2023 and January 2024, respectively. Even so, most markets registered negative hourly prices, primarily over the weekend. Solar photovoltaic … Continue reading Prices rise in European electricity markets due to gas and CO2 while photovoltaic energy continues to set records
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Marubeni secures 1.1 GW wind power deal in Saudi Arabia
The Power Purchase Agreement (PPA) covers two projects, which will contribute 1.1 GW of wind energy to the national grid.One of Japan’s largest trading and investment conglomerates, Marubeni Corporation, has closed an agreement with Saudi Power Procurement Company (SPPC) to build two major wind energy projects in Saudi Arabia. The projects will be developed in … Continue reading Marubeni secures 1.1 GW wind power deal in Saudi Arabia
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Battery storage begins to play a key role for US grids
California and Texas increasingly rely on storage to balance the grid. Other states will follow. Wind power and photovoltaics require storage to ensure supply “The future is already here — it’s just not very evenly distributed.” That observation, from the great science fiction writer William Gibson, often provides a useful framework for thinking about technological … Continue reading Battery storage begins to play a key role for US grids
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