Monthly Archives: November 2025

Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024

Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024 Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2023 Developers and power plant owners plan to add 62.8 gigawatts (GW) of new … Continue reading

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Photovoltaic (PV) solar energy grows 56% in one year and reaches 39 GW in Brazil

Projections indicate that installed photovoltaic capacity should reach 45 GW in 2024. Brazil surpassed the mark of 39 GW in installed photovoltaic capacity of solar energy in the sum of GC (Centralized Generation) and DG (Distributed Generation), according to data … Continue reading

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RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts

Construction activities are underway on an additional 770 megawatts of battery storage projects in the U.S. Globally, RWE’s battery storage capacity now stands at around 700 MW. RWE continues to deliver on its Growing Green Strategy. In the U.S., the … Continue reading

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Greenalia obtains financing for 3 GW of photovoltaics in the US.

Spanish renewable project developer Greenalia has secured €185.6 million in financing lines to support the development of its 3 GW wind and solar photovoltaic (PV) portfolio in the United States. The new income will be obtained in the form of … Continue reading

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Iberdrola and Exiom inaugurate their photovoltaic solar panel factory in Spain in spring

Iberdrola and Exiom will inaugurate this spring the first large solar panel factory in Spain, located in the Asturian municipality of Langreo, with which both companies seek, among other objectives, to reinforce their commitment to the economic reactivation of the … Continue reading

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Photovoltaic (PV) installations will reach 574 GW in 2024 worldwide

BloombergNEF highlights in a new report that developers installed 444 GW of new PV capacity worldwide in 2023. It says new installations could reach 574 GW in 2024, 627 GW in 2025 and 880 GW in 2030.The world could install … Continue reading

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EDP Renewables inaugurates new hybrid photovoltaic and wind energy project in Portugal

The photovoltaic plant installed next to an operational wind farm nearly doubles renewable production at that location and accelerates the energy transition in the central region of the country. The projectis the second hybrid operation in Portugal. At the end … Continue reading

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After auction, photovoltaic solar energy participation goes from 3% to 26% in Colombia

99% of the energy allocated was solar, and 1% for thermal plants, including biomass, a fact that occurs for the first time in the history of the country.Last Friday, the Reliability Charge Auction for the National Interconnected System, SIN, concluded, … Continue reading

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Chinese-built solar photovoltaic (PV) power plant shines in northern Bangladesh

Mymensingh district in north-central Bangladesh has a diverse landscape of valleys and mountainous terrain. With a height of 19 meters above the sea, the district is the highest place of all the main cities of the delta country. Due to … Continue reading

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South Africa’s central province bets on photovoltaic solar energy

The South African province of Gauteng is moving ahead with plans to establish a solar park with a capacity of at least 800 megawatts (MW) that will be connected to the national grid. According to Gauteng Premier Panyaza Lesufi, the … Continue reading

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Photovoltaic solar energy boom in Chile: in less than two months there are already 20 projects for more than US$ 2 billion

Only 52 days of the year have passed and what experts have called “a solar energy boom” is in full swing, according to the projects entered into environmental processing. As of February 20, a total of 81 projects from various … Continue reading

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In 2023, India added 7.5 GW of photovoltaic solar capacity

In 2023, India added 7.5 GW of photovoltaic solar capacity, a sharp drop from the 13.4 GW installed in 2022. Large-scale photovoltaic (PV) solar installations took the biggest hit, decreasing by 50.8% to 5.8 GW from the previous year’s 11.7 … Continue reading

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How Much Do Photovoltaic Panels Cost In 2024?

The cost of solar panels ranges anywhere from $8,500 to $30,500, with the average 6kW solar system falling around $12,700. Solar panel prices vary based on where you live, the size of the system, the type of solar panels and more. With … Continue reading

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China’s photovoltaics (PV) enjoy brighter prospects

Photovoltaic (PV) producers have delayed or canceled capacity expansion plans and even reduced production, partially addressing overcapacity issues. China’s solar photovoltaic (PV) industry’s protracted battle against overcapacity may be coming to an end, after years of bitter price wars and … Continue reading

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According to the U.S. Energy Information Administration, the U.S. will add 62.8 gigawatts (GW) of installed utility-scale generation in 2024.

According to the U.S. Energy Information Administration’s latest forecast, in 2024, the U.S. will add 62.8 gigawatts of new utility-scale power generation. This new capacity compared to 40.4 GW in 2023, an increase of 55%. Of this, solar will account … Continue reading

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North Africa’s Renewable Potential and Strategic Location Reinforce Its Role in Energy Transition

North Africa – Algeria, Egypt, Libya, Morocco, Tunisia, and Sudan – faces significant challenges due to climate change, which increasingly disrupts the region’s economies that rely on agriculture, fishery and tourism. Climate mitigation efforts, including renewable energy deployment is therefore … Continue reading

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China needs huge expansion of photovoltaic solar, wind power to reach climate goals

China will need to expand its current solar and wind energy capacity by eight- to tenfold to fulfill its 2060 carbon neutrality goals, a University of California-led study has found. Achieving these aims will also require large-scale construction of transmission … Continue reading

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AES awards TSK a 460 MW hybrid photovaltaic solar project (260 PV+200 BESS)

This new award in Puerto Rico is in addition to the plants executed by AES in the Dominican Republic, strengthening the alliance with the American energy company, which has a strong presence in the Caribbean region. The MARAHU project consists … Continue reading

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Iberdrola will build the largest photovoltaic plant in Italy

Iberdrola has signed an agreement with IB Vogt for the construction of a 245 MW photovoltaic project in Sicily, to which a further 60 MW could be added, bringing the total to 305 MW. In any case, the initial project has sufficient capacity to … Continue reading

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EDP Renewables secures largest Singapore public tender to install up to 200 MWp solar photovoltaic capacity

EDP Renewables (Euronext: EDPR), a global leader in renewable energy development, has been awarded Phase 8 of the SolarNova program, a Singapore public tender to select a developer of distributed solar energy. The auction was jointly led by Singapore’s Housing and Development Board and … Continue reading

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European first-of-its kind photovoltaic (PV), wind power & storage combination

Global renewable energy company BayWa r.e. and Ampt, the #1 DC optimizer company for large-scale photovoltaic (PV) systems, announce the successful deployment of a unique combination of wind and solar generation together with battery storage within the microgrid at the Fraunhofer … Continue reading

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EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Photovoltaic Solar+Storage Energy Project

EDF Renewables North America today announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project. The carbon-free electricity generated by the 125 MWac solar photovoltaic (PV) system and 65 … Continue reading

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Photovoltaic (PV) surpasses gas and already supplies almost 10% of the electricity in mainland Spain

Renewables generated 52.1%, up to 12,202 GWh of electricity, with wind power being the first source of generation in Spain for the fourth consecutive month with 24.6% of all electricity production for the month. For their part, technologies free of … Continue reading

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China’s growth in utility-scale photovoltaic surpassed that of rooftops last year

China installed more solar panels in power plants than on rooftops last year for the first time since 2020 as President Xi Jinping’s push to build large-scale renewable facilities in inland deserts boosted growth. The country added 120 gigawatts of … Continue reading

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Renewable energy fails in Southern Europe in the last week of the year

The last week of the year 2023 registered the expected drop in demand due to the Christmas holiday period. Increased solar energy production in countries such as Germany and France contributed to price declines in the EPEX SPOT market. However, … Continue reading

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Repsol begins to produce renewable photovoltaic electricity in Andalusia

Repsol has started producing electricity at Sigma, its first renewable project in Andalusia. Located in Jerez de la Frontera (Cádiz), it is made up of five solar plants with a total installed capacity of 204 MW. With an investment of close … Continue reading

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What we’ve known about Indian Concentrated Solar Power tender in Q1 2024

It was reported that India will carry out a round of renewable energy bidding in the first quarter of 2024, which requires bidders to submit a program must contain more than 50% of the CSP capacity. This news got great … Continue reading

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The price of photovoltaic panels falls by 40% in 2023 in Brazil

The reduction in the final price for consumers of photovoltaic solar energy has been driven mainly by the increase in Chinese production capacity, which accounts for 90% of the world’s production of this photovoltaic equipment.The average 40% drop in the … Continue reading

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Brazil penalizes the import of photovoltaics

The increase in the import tax on photovoltaic solar panels, announced by Brazil in 2023, puts at risk the installation of 18 GW of solar plants, responsible for 540 thousand green jobs. This was stated by Rodrigo Sauaia, general director … Continue reading

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Electricity market prices return to 2021 levels in 2023 thanks to falling gas prices and the rise in renewable energy

In 2023, annual electricity market prices fell to levels similar to those of 2021, being mostly below €100/MWh. The drop in gas prices, together with the reduction in demand and the increase in renewable energy generation with respect to 2022, … Continue reading

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Solar and wind power in Gujarat

Renewable energy has emerged as a key focus area for the state of Gujarat in India. With its abundant natural resources and favorable policies, Gujarat has become a leading player in the renewable energy sector. This article explores the various … Continue reading

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BOEM Announces Review of Future Development of Wind Energy Lease Areas Offshore New York and New Jersey

As part of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) is inviting the public to review and comment on a draft potential development of … Continue reading

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Acciona Energía completes its first wind-solar hybrid plant

Located in the municipalities of Villalba del Rey and Tinajas (Cuenca), the new 29.4MW photovoltaic facility joins an existing 36MW wind power complex. ACCIONA Energía has completed its first hybrid renewable energy plant with the construction of a 29.4MW photovoltaic … Continue reading

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Photovoltaic solar power will supply almost all growth in U.S. electricity generation through 2025

We expect solar electric generation will be the leading source of growth in the U.S. electric power sector. In our January Short-Term Energy Outlook (STEO), which contains new forecast data through December 2025, we forecast new capacity will boost the solar share … Continue reading

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EDP Renewables starts production of its first photovoltaic project in the Netherlands

Developed by Kronos Solar EDPR, this marks the initial step of EDPR’s plan to install close to 100 MWp in the country over the next few months. EDP Renewables (EDPR), a leading developer of renewable energy worldwide, has taken another … Continue reading

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Naturgy begins its second photovoltaic in the United States

The Grimes project, with an investment of more than 285 million euros, will have a power of 210 MW that will supply renewable energy to more than 140,000 homes in the State of Texas. Naturgy continues to grow in the … Continue reading

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80 gigawatts of photovoltaic solar power will come online over the next two years, increasing U.S. solar generating capacity by 84%

EIA expects two years of significant growth in solar electric generation in the United States. The U.S. Energy Information Administration (EIA) expects solar electric generation will account for 7% of total U.S. electricity generation in 2025, up from 4% in … Continue reading

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China inaugurates 6,000 megawatt of wind power, photovoltaic and battery in one plant

the inauguration of a mega power plant that combines lithium batteries, photovoltaics and wind. Located in Shanxi province, the plant represents an investment of 55 billion yuan (about $7.7 billion) and is a milestone in the country’s transition towards more … Continue reading

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Massive expansion of renewable power opens door to achieving global tripling goal set at COP28

World added 50% more renewable capacity in 2023 than in 2022 and next 5 years will see fastest growth yet, but lack of financing for emerging and developing economies is key issue Renewables 2023 Explore report Read the report At … Continue reading

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China promotes expansion of wind and photovoltaic capacity: IEA

China had a key role to play in the world’s rapid expansion of renewable power generation capacity last year, the International Energy Agency said.It more than doubled solar photovoltaic capacity last year, and wind power capacity rose by 66 per … Continue reading

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