India’s renewable energy sector has made remarkable progress, the Union Ministry of New and Renewable Energy (MNRE) has reported. Between December 2023 and December 2024, the total installed renewable energy capacity reached 209.44 GW, reflecting a growth of 15.84% compared to 180.80 GW in December 2023. This achievement underlines India’s commitment to its clean energy … Continue reading India to reach 97.86 GW of photovoltaic (PV) and 48.16 GW of wind power in 2024
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How did the solar energy photovoltaic sector performed in 2024?
Last year, we started the first edition of the year by focusing on the EU Market Outlook for Solar Power. Similarly to last year, the report is dense, but it contains a wealth of interesting data and predictions. If you wish to make a comparison, we recommend splitting your screen in two, with the edition … Continue reading How did the solar energy photovoltaic sector performed in 2024?
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Spain approved 34 photovoltaic and hybrid projects in December for 2.87 GW, including 428.7 MW of storage
Application for a declaration of public utility for the Cañuelo II photovoltaic plant project, with a capacity of 23 MW, in the municipality of Los Barrios (Cádiz), promoted by Capital Dynamics. Application for Prior Administrative Authorization and Administrative Authorization for Construction of the hybridization projects for the Solaben PV1 and Solaben PV6 photovoltaic plants, both … Continue reading Spain approved 34 photovoltaic and hybrid projects in December for 2.87 GW, including 428.7 MW of storage
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Envision Energy India secures strategic milestones in wind power and battery storage
Envision Energy India has secured a 1 GW wind power project and its maiden order for a 320 MWh battery energy storage system from Juniper Green Energy. This includes the supply of 200 wind turbines and energy storage solutions, contributing to a major renewable energy partnership aimed at achieving 10 GW capacity by 2030.Envision Energy … Continue reading Envision Energy India secures strategic milestones in wind power and battery storage
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Iberdrola, the world’s leading private utility in terms of R&D&I investment for the third year running
Iberdrola has been recognised for the third consecutive year as the world’s leading private utility in terms of investment in innovation and development, according to the European Commission in its report ‘The 2024 Industrial R&D Investment Scoreboard‘, after allocating €384 M to the area in 2023. The European Commission has analysed the 2,000 largest companies … Continue reading Iberdrola, the world’s leading private utility in terms of R&D&I investment for the third year running
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Rising gas prices and wind energy mark a mixed start to the year in European electricity markets
In the first week of 2025, TTF gas futures rose, reaching the highest settlement price since October 2023, above €50/MWh. This, coupled with rising CO2 prices and electricity demand, as well as declining photovoltaic energy production, supported higher prices in some of the main European electricity markets. In contrast, the increase in wind energy production … Continue reading Rising gas prices and wind energy mark a mixed start to the year in European electricity markets
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Solar photovoltaics (PV) and storage: better together
Grid and storage readiness is key to accelerating the energy transition. Connecting renewable energy to the power system needs grid infrastructure, both at transmission and distribution levels, including overhead lines, underground and submarine cables and power substations. Despite the obvious, this fact has been widely overlooked in several regions. Urgent actions must be taken to … Continue reading Solar photovoltaics (PV) and storage: better together
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During the month of December, renewables generated 47.6%, with wind energy being the leading technology in the mix in Spain
Demand for electricity in Spain increased by 1.5% in December. During this month of December, renewables generated 47.6%, with wind power being the leading technology in the national mix. In 2024, renewables will reach a share of 55.8% of the total Spanish mix, as Red Eléctrica anticipated in its year-end estimates, with photovoltaics reaching 16.7% … Continue reading During the month of December, renewables generated 47.6%, with wind energy being the leading technology in the mix in Spain
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Lithium carbonate prices decline in December, while cell prices stabilize at the bottom
Lithium carbonate prices declined in December, while SC6 prices rebounded after fluctuations Spot prices for battery-grade lithium carbonate stood at RMB 74,000-77,000/MT as of December 31. The average price was RMB 76,000/MT at the end of the month, down 2.6% MoM. CIF prices for Chinese lithium spodumene concentrate (SC6) came in at USD 810-860/MT, averaging … Continue reading Lithium carbonate prices decline in December, while cell prices stabilize at the bottom
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Hinen to Showcase Advanced Energy Storage Solutions at Solar Energy Expo 2025
From January 14-16, 2025. Solar Energy Expo 2025 will be held at PTAK International Exhibition Centre in Warsaw. This premier event, organized by PTAK Warsaw Expo, is a hub for renewable energy innovation in Central and Eastern Europe, showcasing the latest in solar technology. At that time, Hinen Polandwill jointly participate in the expo with … Continue reading Hinen to Showcase Advanced Energy Storage Solutions at Solar Energy Expo 2025
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Renewable energy production grew by 11% in 2024 in the Netherlands
Driven by photovoltaic solar and wind energy, Dutch renewable power generation increased by 11% in 2024, as green energy was behind 54% of the total power production. Renewable energy production grew by 11% in 2024, according to new figures released by Energieopwek. In the past year, there were more green electricity surpluses which resulted in … Continue reading Renewable energy production grew by 11% in 2024 in the Netherlands
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Baseload power plants are not needed to maintain supply in an energy system dominated by wind power and photovoltaics (PV)
Baseload power plants are not needed to maintain supply in an energy system dominated by wind power and photovoltaics (PV), and only have a place in future systems if they help reduce costs, say researchers in Germany. In a new report, researchers from the German Academy of Sciences and Engineering (acatech) show that energy systems … Continue reading Baseload power plants are not needed to maintain supply in an energy system dominated by wind power and photovoltaics (PV)
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ScottishPower Renewables welcomes Taylor Woodrow to East Anglia TWO
ScottishPower Renewables’ East Anglia TWO offshore windfarm has given a further boost to the UK economy with confirmation that Watford-based Taylor Woodrow is the latest addition to the supply chain family for its £4 billon offshore windfarm off the coast of Suffolk. The contract will see the leading construction company deliver the civil engineering works … Continue reading ScottishPower Renewables welcomes Taylor Woodrow to East Anglia TWO
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The IEA in 2024: Reviewing the year
The past year was a productive and dynamic one for the International Energy Agency as it marked its 50th anniversary and delivered on the mandates set by its Member governments to support energy security and clean energy transitions. The activities of the IEA throughout 2024 were reviewed last week during the December meeting of the … Continue reading The IEA in 2024: Reviewing the year
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European electricity market prices rose over Christmas week as wind power fell and gas rose
In the fourth week of December, prices in most major European electricity markets rose, exceeding €100/MWh on a weekly average. These rises were driven by lower wind production in most markets, together with higher gas and CO2 prices, despite reduced demand due to the Christmas holidays and an increase in solar photovoltaic generation compared to … Continue reading European electricity market prices rose over Christmas week as wind power fell and gas rose
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World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
SunCable receives approval to export photovoltaic (PV) electricity from Australia to Singapore via a 4,300-kilometer underwater cable. The power will come from the world’s largest photovoltaic and battery park, to be built in northern Australia at a cost of 35 billion dollars.SunCable receives approval to export renewable electricity from Australia to Singapore via a 4,300-kilometer … Continue reading World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
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Spain has 29 projects from the EU Innovation Fund, with more than 1,286 million in aid
Spain has a total of 29 projects awarded under the EU Innovation Fund, linked to a volume of aid of 1,286 million euros, making it the country with the most beneficiary projects. The projects, widely distributed geographically, will be developed in very diverse sectors, such as the manufacture of photovoltaic modules and wind turbines, the … Continue reading Spain has 29 projects from the EU Innovation Fund, with more than 1,286 million in aid
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‘China price’ offers valuable certainty to global photovoltaic (PV) industry
Following the recent approval from the China Securities Regulatory Commission, the Guangzhou Futures Exchange launched polysilicon futures on Thursday, with polysilicon options scheduled to debut on Friday. This landmark move not only marks a significant step for China in establishing a pricing mechanism for polysilicon but also indicates that China’s position in the global photovoltaic … Continue reading ‘China price’ offers valuable certainty to global photovoltaic (PV) industry
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Batteries set to drive rapid photovoltaic growth
Chemical battery storage, led by lithium, has made such significant strides in terms of cost, capacity and technology that batteries are now positioned to accelerate our already exponential photovoltaic solar growth. “But what happens when the sun goes down?” This age-old refrain now has a definitive answer: “Batteries take over.” Throughout 2023 and 2024, lithium-based … Continue reading Batteries set to drive rapid photovoltaic growth
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Electricity access continues to improve in 2024 – after first global setback in decades
People without access to electricity declined in 2023, a trend set to continue in 2024 The IEA’s latest data show the number of people without access to electricity declined by more than 10 million from over 760 million in 2022 to below 750 million in 2023. This follows a period of stagnation and setbacks in … Continue reading Electricity access continues to improve in 2024 – after first global setback in decades
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