56.8% of all electricity generated in Spain last year used natural sources such as wind energy, photovoltaic, or hydroelectric power.The Spanish electricity system added 7.3 GW of new photovoltaic and wind power, the largest amount recorded in a single year to date, and a figure that elevates photovoltaic technology to the leading technology in terms … Continue reading 56.8% of all electricity generated in Spain during 2024 will come from wind power, photovoltaic, or hydroelectric power
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Voltalia signs a PPA for its 526 MW hybrid wind power and photovoltaic project in Uzbekistan
Voltalia has signed a power purchase agreement (PPA) with state-owned utility JSC Uzenergosotish for its 526 MW Artemisya hybrid project in Uzbekistan. The Artemisya project is located in the Bukhara region and combines 126 MW of solar power, 300 MW of wind power, and 100 MW/200 MWh of battery storage. The PPA will provide JSC … Continue reading Voltalia signs a PPA for its 526 MW hybrid wind power and photovoltaic project in Uzbekistan
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Avangrid (Iberdrola) Approaches Milestone of 10.5 GW Installed Energy Generating Capacity
Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it is approaching 10.5 Gigawatts (GW) in installed energy generating capacity spread across the Company’s portfolio. With assets in 24 states and growing, Avangrid’s generating capacity is capable of powering about 3.1 million average U.S. homes. “With Americans across the … Continue reading Avangrid (Iberdrola) Approaches Milestone of 10.5 GW Installed Energy Generating Capacity
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New targets, old challenges in Turkish wind and solar tenders
In 2016, Türkiye launched the Renewable Energy Resource Zone (YEKA) auctions to develop large-scale solar and wind projects, simplify the allocation of suitable lands, and encourage local manufacturing of renewable energy equipment. Through this model, the Ministry of Energy and Natural Resources (MENR) identifies suitable sites, announces them as candidate YEKA areas, and gathers views … Continue reading New targets, old challenges in Turkish wind and solar tenders
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Photovoltaic and wind energy in the third week of February
In the third week of February, prices fell in the main European electricity markets, with most of them reaching weekly averages below €110/MWh. Several factors contributed to these declines. On the one hand, the fall in gas and CO2 prices, as well as the decline in demand. On the other hand, the increase in renewable … Continue reading Photovoltaic and wind energy in the third week of February
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Countries around the world use more land for golf courses than wind power or photovoltaic solar energy
Land use is a critical factor in the location of renewable energy facilities and is often scrutinised due to perceived conflicts with other land demands. Meanwhile, substantial areas are devoted to activities such as golf, which are accessible only to a select few and have a significant environmental and territorial footprint. Our study shows that … Continue reading Countries around the world use more land for golf courses than wind power or photovoltaic solar energy
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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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The 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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China to cut subsidies for renewable energy after record solar photovoltaic (PV) and wind power
Starting in June, new clean energy projects will have their prices determined by a market-based bidding system.China’s top economic planning agency announced it will implement measures to gradually reduce subsidies for renewable energy projects, following accelerated growth in solar and wind power installations in the country, Reuters reported. In 2024, China set a record for … Continue reading China to cut subsidies for renewable energy after record solar photovoltaic (PV) and wind power
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RWE starts construction of its first commercial Agri-PV projects in Italy
RWE has started the construction of its first commercial scale Agri-PV plants. The 9.8 megawatt (MWac) Morcone and 9.3 MWac Acquafredda advanced Agri-PV projects are located in the province of Benevento in the Campania region. More than 32,500 solar modules will be installed here in total. Together the two projects will be able to supply … Continue reading RWE starts construction of its first commercial Agri-PV projects in Italy
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China’s photovoltaic (PV) Module Shipments Hit New Heights
To help relevant departments and photovoltaic (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 … Continue reading China’s photovoltaic (PV) Module Shipments Hit New Heights
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Global Cost of Renewables to Continue Falling in 2025 as China Extends Manufacturing Lead: BloombergNEF
The cost of clean power technologies such as wind, solar and battery technologies are expected to fall further by 2-11% in 2025, breaking last year’s record. According to a latest report by research provider BloombergNEF (BNEF), new wind and solar farms are already undercutting new coal and gas plants on production cost in almost every … Continue reading Global Cost of Renewables to Continue Falling in 2025 as China Extends Manufacturing Lead: BloombergNEF
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The photovoltaic sector is calling for the acceleration of administrative procedures that hinder storage and green hydrogen, which are essential for the energy transition
Today’s session was opened by Joan Groizard, Secretary of State for Energy, who stressed that “we are a benchmark in Europe and the world in renewables and attracting new demand that seeks clean and attractive technologies. Now we are going further, it is time to decarbonise all sectors.” The regulatory situation around storage and the … Continue reading The photovoltaic sector is calling for the acceleration of administrative procedures that hinder storage and green hydrogen, which are essential for the energy transition
Continue readingRising gas and less wind power push European electricity market prices above €120/MWh in the first week of February
In the first week of February, TTF gas futures prices continued to rise and reached the highest settlement price in the last two years at the end of the week. In this context, coupled with lower wind energy production and higher demand, prices in the main European electricity markets rose, with most weekly averages exceeding … Continue reading Rising gas and less wind power push European electricity market prices above €120/MWh in the first week of February
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More than 10% of energy consumed in Colombia is already solar photovoltaic (PV)
Colombia will deploy 1.6 GW of solar photovoltaic (PV) energy in 2024. Colombia installed 1.6 GW of solar energy in 2024, bringing its total capacity to 1.87 GW by the end of the year. The industrial group Ser Colombia says that 33 large-scale projects representing 1,410 MW were added to the grid. Colombia is advancing … Continue reading More than 10% of energy consumed in Colombia is already solar photovoltaic (PV)
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RWE commissions Schönau photovoltaics plant in Saxony
RWE has commissioned Schönau solar farm, the company’s first photovoltaics plant in Saxony, Germany. 36,000 solar modules produce around 21 million kilowatt hours of green electricity in the town of Wildenfels, in the district of Zwickau – enough to supply the equivalent of 6,700 households per year. Schönau solar farm spans an area of approximately … Continue reading RWE commissions Schönau photovoltaics plant in Saxony
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Snop chooses European leader in decentralized solar energy EDP to decarbonize its operations in several European countries
French automotive company Snop has selected EDP to develop solar power plants in its facilities in France, Spain, and Germany, accelerating its sustainability targets. This partnership also consolidates EDP’s position as a leader in decentralized solar energy in Europe and strengthens its ability to respond to multinational clients looking for this type of solution in … Continue reading Snop chooses European leader in decentralized solar energy EDP to decarbonize its operations in several European countries
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Spain approved 10 photovoltaic and hybridisation projects in the first week of February
The Official State Gazette contains the announcements corresponding to the first week of February of 10 photovoltaic and hybridisation projects, including a 9 MW self-consumption plant in Córdoba.Report on the determination of environmental impact of the Cabeza Mesá photovoltaic solar park project, of 27.3 MW, and its evacuation infrastructure, for hybridisation with the Cabeza Mesá … Continue reading Spain approved 10 photovoltaic and hybridisation projects in the first week of February
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Canadian Solar’s e-STORAGE to Deliver 960 MWh of Energy Storage Systems for Copenhagen Infrastructure Partners in Australia
Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company’s majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”), has signed a contract with Copenhagen Infrastructure Partners (“CIP”) through its fifth flagship fund Copenhagen Infrastructure V to deliver 240 MW/960 MWh battery energy storage systems in Summerfield, South … Continue reading Canadian Solar’s e-STORAGE to Deliver 960 MWh of Energy Storage Systems for Copenhagen Infrastructure Partners in Australia
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USA Surpasses 50 Gigawatts of Photovoltaic Manufacturing Capacity
The United States has reached a historic manufacturing milestone, surpassing 50 gigawatts (GW) of domestic solar module production capacity. At full capacity, these factories can produce enough to meet all demand for solar in the United States. This achievement is a critical step toward building a U.S.-based solar supply chain that ends our reliance on … Continue reading USA Surpasses 50 Gigawatts of Photovoltaic Manufacturing Capacity
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