In the third week of January, prices rose in most major European electricity markets, driven by lower wind energy production, increased demand due to colder temperatures and higher gas and CO2 prices. On January 17, CO2 futures reached the highest settlement price since late May. Solar photovoltaic energy production increased, setting all?time records for a … Continue reading Photovoltaic energy continues to set records, but cold weather and CO2 prices make European electricity markets more expensive in the third week of January
Continue readingMonthly Archives: January 2025
ACP Statement on Donald Trump’s Executive Order on Wind Energy
The American Clean Power Association (ACP) released the following statement from ACP CEO Jason Grumet in response to President Trump’s Executive Order on offshore wind and onshore wind leasing and permitting: “President Trump is correct that absent significant changes in energy policy, our nation will not be able to power our growth in manufacturing and achieve … Continue reading ACP Statement on Donald Trump’s Executive Order on Wind Energy
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Top ten solar photovoltaic (PV) module manufacturers show resilience in H1 2024, Wood Mackenzie says
Despite facing significant challenges, including unprecedented price declines across solar modules and the silicon supply chain, the top ten solar PV manufacturers achieved an average utilisation rate of 66%, most surpassing 70%, as reported by Wood Mackenzie. The new global solar PV module manufacturer rankings report stated that these manufacturers have demonstrated remarkable resilience and … Continue reading Top ten solar photovoltaic (PV) module manufacturers show resilience in H1 2024, Wood Mackenzie says
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China’s photovoltaic (PV), wind power installations soared to record in 2024
China broke its own records for new wind power and photovoltaic (PV) solar power installations again last year, official data showed on Tuesday, accelerating from a breakneck pace set in 2023 as the country looks to peak its carbon emissions before 2030.Installed photovoltaic (PV) and wind power capacity climbed 45.2% and 18%, respectively, in 2024, … Continue reading China’s photovoltaic (PV), wind power installations soared to record in 2024
Continue readingDonald Trump to stop construction of new offshore wind power projects
“It’s amazing to see Republicans steal the issue of saving whales from Democrats,” Shellenberger said on X. The physical structures of wind turbines don’t affect right whales at all, but Trump is the king of fake news. President Donald Trump has promised to pause offshore wind turbine construction leases, which could save the Atlantic right … Continue reading Donald Trump to stop construction of new offshore wind power projects
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Oman connects its largest 1,000 MW photovoltaic (PV) power plant
His Royal Highness Sayyid Bilarab bin Haitham Al Said today inaugurated the Manah 1 and Manah 2 solar photovoltaic (PV) power plants in the Wilayat of Manah in Al Dakhiliyah Governorate. The plants, which cover an area of ??14.5 million square meters, have a production capacity of 1,000 megawatts. The two plants, which are the … Continue reading Oman connects its largest 1,000 MW photovoltaic (PV) power plant
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Laos-based 600 MW Monsoon wind power to export energy to Vietnam soon
The 600 MW Monsoon wind power project in Laos is reaching final phases of construction and will soon export electricity to Vietnam, investor Monsoon Wind Power reported. The investor made the statement on Wednesday regarding a recent on-site visit of Laos’ Party General Secretary and State President Thongloun Sisoulith. Laos’ Party General Secretary and State … Continue reading Laos-based 600 MW Monsoon wind power to export energy to Vietnam soon
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Mexico to have Latin America’s largest photovoltaic plant with 1,000 MW
The largest photovoltaic solar energy plant in Latin America is being developed in Puerto Peñasco, Sonora, and is expected to have a significant impact on renewable energy generation in Mexico. This ambitious project, known as the Puerto Peñasco Photovoltaic Power Plant, is designed to generate 1,000 megawatts (MW) of electric power and will cover an … Continue reading Mexico to have Latin America’s largest photovoltaic plant with 1,000 MW
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Chile inaugurates the second largest wind farm in Latin America with 140 wind turbines and 816 MW
This wind farm has an investment of 700 million dollars made by the national capital company, Colbún, which described this event as the “most important inauguration of the energy transition in Chile”.The Horizonte Wind Farm will be inaugurated on March 20, which is located 130 km northwest of Taltal, and is considered the largest in … Continue reading Chile inaugurates the second largest wind farm in Latin America with 140 wind turbines and 816 MW
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Plenitude signs agreement with EDP Renewables to acquire two photovoltaic plants and a storage facility in the United States
Plenitude, through its US subsidiary Eni New Energy US Inc., has signed an agreement with EDP Renewables North America LLC (“EDPR NA”), to purchase a 49% equity stake in a portfolio of 2 operational photovoltaic plants and an electricity storage facility in construction located in the state of California, United States. The Sandrini 100 (100MWac … Continue reading Plenitude signs agreement with EDP Renewables to acquire two photovoltaic plants and a storage facility in the United States
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Mastellone Hnos. signed a wind power supply agreement with Pampa Energía in Argentina
The energy supplied through this agreement comes from Pampa Energía’s wind farms located in Bahía Blanca. Since December 2024, 80% of the energy used by the company comes from renewable sources, a significant jump from the 63% achieved previously in the year.Mastellone Hnos., recognized for brands such as La Serenísima, signed a new agreement for … Continue reading Mastellone Hnos. signed a wind power supply agreement with Pampa Energía in Argentina
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Department of Energy announces $584.5 million loan to install solar photovoltaic (PV) energy and energy storage in Puerto Rico
The U.S. Department of Energy Loan Programs Office (LPO) today announced the closing of a $584.5 million ($559.4 million in principal and $25.1 million in capitalized interest) loan guarantee to subsidiaries of Convergent Energy and Power Inc. (Convergent), a leading provider of energy storage solutions in North America. The loan guarantee will finance a solar … Continue reading Department of Energy announces $584.5 million loan to install solar photovoltaic (PV) energy and energy storage in Puerto Rico
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Brazilian wind power faces challenges but expects to recover in 2027
Brazil’s wind power sector is catching its breath after a whirlwind expansion led to oversupply and high costs that dampened demand in 2024. What does this mean? Brazil’s wind power ambitions hit a snag last year, with installations plummeting to 76 new wind farms from 123 the year before, marking the slowest growth since 2018. … Continue reading Brazilian wind power faces challenges but expects to recover in 2027
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Enercon celebrates 3 GW wind energy milestone in Türkiye
ENERCON has reached an incredible milestone – 3 GW of installed capacity in Türkiye! With over 1,205 wind energy converters, ENERCON now holds a significant market share of 20.63 percent in Türkiye. Since entering the Turkish market in 1997, the company has grown from 1.5 MW to an impressive 3 GW. ” Türkiye continues to … Continue reading Enercon celebrates 3 GW wind energy milestone in Türkiye
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The global renewable energy market is booming, with China’s photovoltaic (PV) reaching record highs
To help relevant departments and PV stakeholders understand the true situation of industry development, Solarbe & Solarbe Consulting, after comprehensive research and repeated verification, have released the 2024 Annual Chinese PV module Enterprise Shipment Rankings for reference. Top-Solar-Module-Companies-for-2024-Solarbe-2Download The report covers 39 enterprises, a record high. Among them, there are leading players with shipments exceeding 70 GW and … Continue reading The global renewable energy market is booming, with China’s photovoltaic (PV) reaching record highs
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MENA region’s photovoltaic (PV) solar energy capacity to exceed 180 GW by 2030
There was substantial growth in the MENA region’s solar photovoltaic market in. 2024, according to the latest report from MESIA. The association’s “Solar Outlook Report 2025” provides an overview of the trends, innovations, technical advancements, challenges and opportunities of the region’s solar landscape. It projects that MENA’s photovoltaic solar capacity hit 24 GW (AC) in … Continue reading MENA region’s photovoltaic (PV) solar energy capacity to exceed 180 GW by 2030
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Africa’s photovoltaic (PV) capacity increased by 2.5 GW in 2024, reaching a total of 19.2 GWp
Last year, in 2024, Africa added 2.5 GWp of new solar photovoltaic (PV) capacity, reaching a total of 19.2 GWp across the continent, according to the African Solar Industry Association (AFSIA) “African Solar Outlook” report. AFSIA’s figures, which do not include residential installations, take the continent’s combined solar capacity to 19.2 GW. It said the … Continue reading Africa’s photovoltaic (PV) capacity increased by 2.5 GW in 2024, reaching a total of 19.2 GWp
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The Villonaco III wind energy project in Ecuador will be ready in 2027
The Government of Daniel Noboa signed an addendum to the contract and with that managed to reactivate the Villonaco II wind energy project. However, construction will take at least 24 months. This means that the 110 Megawatts of this project, located in Loja, could be available from March 2027. The concession and investment contracts for … Continue reading The Villonaco III wind energy project in Ecuador will be ready in 2027
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Agrovoltaics in the Iberian Peninsula: Innovation for a Sustainable Future
UNEF and APREN organize the joint conference “Agrovoltaics in the Iberian Peninsula: Innovation for a Sustainable Future” The Spanish Photovoltaic Union (UNEF) and the Portuguese Association of Renewable Energies (APREN), organize, on January 22 in Badajoz, the meeting “Agrovoltaics in the Iberian Peninsula: innovation for a sustainable future”. This Iberian initiative, which will take place … Continue reading Agrovoltaics in the Iberian Peninsula: Innovation for a Sustainable Future
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Tunisia launches tender to acquire 200 MW of solar photovoltaic (PV) capacity
The Tunisian Ministry of Industry, Mines and Energy has launched a tender for the development of 200 MW of solar photovoltaic (PV) capacity on a concession basis in Tunisia. The two projects tendered will have a capacity of up to 100 MW each. However, their location has not yet been revealed. Interested parties can apply … Continue reading Tunisia launches tender to acquire 200 MW of solar photovoltaic (PV) capacity
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