In the second week of February, prices in most major European electricity markets rose and weekly averages exceeded €140/MWh. However, in the Iberian market, the increase in wind energy production and the decrease in electricity demand favored lower prices. The French market broke the photovoltaic energy production record for a February day again. On Monday, … Continue reading European electricity markets continued to rise in the second week of February, with the exception of the Iberian market thanks to wind energy
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Major solar, wind energy projects go operational in Egypt
Saudi Minister of Energy, Prince Abdulaziz bin Salman, stressed on Monday the enduring, strong, and fraternal ties binding the Kingdom of Saudi Arabia and Egypt. Prince Abdulaziz bin Salman’s statement came as he delivered a heartfelt speech that was highly appreciated by all attendees, expressing the depth and strength of ties between the two countries … Continue reading Major solar, wind energy projects go operational in Egypt
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Kimua opts for Pasaia to strengthen its position in the offshore wind market
Today, the Basajaun Testing Site was inaugurated in the Port of Pasaia, a test bench with a load capacity of 5,100 tonnes, the largest in Europe for testing non-conventional lifting elements used in the handling and installation of large components. In addition, it will soon open a new production plant for lifting components for the … Continue reading Kimua opts for Pasaia to strengthen its position in the offshore wind market
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Growth in global electricity demand is set to accelerate in the coming years as power-hungry sectors expand
Increase in electricity consumption through 2027 expected to average around 4% annually, driven by growing use for industry, air conditioning, electrification and data centres The world’s electricity consumption is forecast to rise at its fastest pace in recent years, growing at close to 4% annually through 2027 as power use climbs in a range of … Continue reading Growth in global electricity demand is set to accelerate in the coming years as power-hungry sectors expand
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Utility-scale solar and wind power pipeline grows by 20% in 2024
According to Global Energy Monitor (GEM), the pipeline of utility-scale solar and wind capacity grew by 20% to reach nearly 5 terawatts (TW) by 2024. In its latest Global Solar Power Tracker and Global Wind Power Tracker, GEM stated that utility-scale solar and wind are largely equal in their prospective development, at 2 TW and … Continue reading Utility-scale solar and wind power pipeline grows by 20% in 2024
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Canada joins Global Offshore Wind Alliance
The Government of Canada has joined the Global Offshore Wind Alliance (GOWA). The governments of two Canadian provinces, Nova Scotia and Newfoundland and Labrador, have also become members of GOWA as subnational governments. In a Feb. 13 press release, the Canadian government said that joining GOWA demonstrated “a collective positioning of Canada’s commitment and ambition … Continue reading Canada joins Global Offshore Wind Alliance
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Türkiye’s total installed wind capacity surpasses 13,000 MW
Türkiye’s total installed wind capacity has surpassed 13,000 megawatts (MW) as of Feb. 13, according to a report on Saturday citing official data. While energy is generated from wind with approximately 280 power plants and more than 4,360 wind turbines operating in seven regions in the country, the total installed power reached 13,043 megawatts, said … Continue reading Türkiye’s total installed wind capacity surpasses 13,000 MW
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Trump’s broadside against wind industry threatens projects that could power millions of homes
Trump has launched a broadside against the wind industry, pausing new leases for offshore projects and halting new permits pending a review. The order has had an immediate impact and puts at risk a pipeline of projects on the East Coast that could power millions of U.S. households. Some Northeast states don’t have viable alternatives … Continue reading Trump’s broadside against wind industry threatens projects that could power millions of homes
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Offshore wind farm plan “ensures harmony” in Portugal
The Portuguese Renewable Energy Association (APREN) has stated that the Allocation Plan for Offshore Renewable Energies (PAER) guarantees harmonious coexistence between the various economic dimensions, local and fishing communities and environmental protection. “The energy transition is a path that must be taken by everyone together, without leaving anyone behind, and the zones now approved are … Continue reading Offshore wind farm plan “ensures harmony” in Portugal
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Global and non-China energy storage cell sales in 2024: company ranking
According to InfoLink’s Global Energy Storage Supply Chain Database, global energy storage cell shipments totaled 314.7 GWh in 2024, up 60% YoY. The market showed a trend of early decline followed by a rebound, with 4Q24 shipments increasing 19.7% QoQ, reaching the annual peak for 2024. Industry concentration remains high, with the top ten manufacturers … Continue reading Global and non-China energy storage cell sales in 2024: company ranking
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EDP Renewables inaugurates two wind power plants in Greece
EDP Renewables declared its two new wind farms in Central Greece and Thessaly open, adding almost 70 MW. Greece expanded its wind power capacity by only 125 MW last year. EDP and its subsidiary EDP Renewables held an inauguration ceremony for two wind farms in Greece. It secured government support for both in 2019 at … Continue reading EDP Renewables inaugurates two wind power plants in Greece
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‘Now is the time’ for a giant UK offshore wind farm with 100 turbines
A renewable energy firm has said the political climate is right for a large-scale wind farm off the Devon and Dorset coast. Source Galileo is planning a 2GW project involving at least 100 wind turbines, which it said could power more than three million homes. On Monday, it announced a deal with Portland Port to … Continue reading ‘Now is the time’ for a giant UK offshore wind farm with 100 turbines
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Nordex achieves solid service success for 227 new wind projects totalling 8,500 MW
For the fourth year in a row, the Nordex Group ranks first in the service survey of the German Wind Energy Association (BWE) In 2024, the Nordex Group signed service agreements for 227 new wind energy projects totaling 8,500 MW worldwide. All contracts were long-term Premium Service contracts totaling more than 1,500 turbines. Also expiring … Continue reading Nordex achieves solid service success for 227 new wind projects totalling 8,500 MW
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Definition of Battery Energy Storage System
A BESS is a modular, electrochemical framework to store energy from the grid or distributed generation sources in rechargeable battery modules with management controls. Each module has high-density lithium-ion cells or sodium-sulfur or vanadium redox flow chemistries to regulate charge and discharge cycles. Systems are integrated with power conversion equipment and a battery management system. … Continue reading Definition of Battery Energy Storage System
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Reaping the Benefits of Renewable Energy in the Spanish Economy
This study investigates how much the growing penetration of low-marginal-cost renewables contributes to lowering prices, and whether a ‘merit-order effect’ could limit the further expansion of renewable energy in Spain. Key points https://www.bbvaresearch.com/en/publicaciones/spain-reaping-the-benefits-of-renewable-energy-in-the-spanish-economy
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Construction underway on subsea electricity superhighway
Construction has started on a subsea electricity superhighway which will help expand the grid for the future. As well as supporting long-term local development for regional communities playing host to the critical electricity infrastructure. Eastern Green Link 1, a joint venture between SP Energy Networks and National Grid Electricity Transmission, will transport green electricity for … Continue reading Construction underway on subsea electricity superhighway
Continue readingThe expansion of renewable solar and wind power has outpaced the expansion of corresponding energy storage systems
The rise in atmospheric CO2 (419.3 ppm in 2023) has intensified heatwaves and droughts. Notably, the 2025 wildfires in Southern California prompted 180,000 evacuations and at least 10 fatalities. So, the global community is adopting Net Zero strategies to moderate climate change. For example, the European Union may attain net-zero emissions by 2050. China aims … Continue reading The expansion of renewable solar and wind power has outpaced the expansion of corresponding energy storage systems
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Circular economy in wind energy: RWE breathes new life into monopile foundation covers
RWE is the first company to install reused hard covers from Dutch company Circular Covers B.V.For RWE’s 1.1 gigawatt Thor offshore wind farm, 36 out of 72 of the reusable covers have arrived in Thyboron Port. Covers will protect foundations from harsh weather conditions at sea until the turbines are installed in 2026. RWE’s commitment … Continue reading Circular economy in wind energy: RWE breathes new life into monopile foundation covers
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LS Cable partners with Balmoral on floating offshore wind business
LS Cable & System Ltd. has signed a memorandum of understanding (MOU) with U.K.-based marine engineering company Balmoral Comtec Ltd. to collaborate on the floating offshore wind power business, the company announced Thursday. Floating offshore wind power generates electricity by placing wind turbines on floating platforms in deep waters, harnessing the power of sea winds. … Continue reading LS Cable partners with Balmoral on floating offshore wind business
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Envision Energy secured contract to supply 58.5 MW wind turbines for Aboitiz’s Libmanan Wind Power Project in the Philippines
Envision Energy, a global leader in green technology, has reached a significant milestone by signing the Turbine Supply Agreement with the EPC contractor PC1 Group in Vietnam on 24th January 2025. The agreement involves the supply of 58.5MW wind turbine generators for the Libmanan Wind Power Project in Camarines Sur, Philippines, which is being developed by … Continue reading Envision Energy secured contract to supply 58.5 MW wind turbines for Aboitiz’s Libmanan Wind Power Project in the Philippines
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