Category Archives: Global Warming

Rio Tinto acquires 1.1 GW solar photovoltaic plant in Australia

Posted on March 27, 2024 by Now.Solar

Rio Tinto, the mining giant, on Wednesday announced a deal to buy all the electricity from the 1.1 GW Upper Calliope Solar Farm in Australia, in an effort to cut their global carbon emissions in half by 2030. The 25-year agreement … Continue reading →

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EDP Renewables expands its presence in wind, photovoltaics and storage in Australia

Posted on March 10, 2024 by Now.Solar

EDP Renewables (EDPR), a global leader in renewable energy, has expanded its Asia Pacific presence into Australia to tap into the country’s substantial growth prospects in renewable energy. To fully enact its strategy and commitment to the market, the company … Continue reading →

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Ingeteam reaches 13 GW in India and Brazil in the wind energy industry

Posted on March 6, 2024 by Now.Solar

Ingeteam continues its firm commitment to wind energy, in which it is a global technology leader. Combined with its customer orientation, in 2018 the company decided to bring its production capacity closer to the Asian continent to improve its value … Continue reading →

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IEA assessment of the evolving pledges at COP28

Posted on February 24, 2024 by Now.Solar

At the COP28 climate change conference in Dubai, pledges have been made in three key areas – by many countries on renewables and energy efficiency, and by a significant number of companies on methane. These are three of the five crucial … Continue reading →

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Innovative Policymaking is Crucial to Drive Green Hydrogen Market and Ensure its Sustainable Production

Posted on February 22, 2024 by Now.Solar

According to the International Renewable Energy Agency’s (IRENA) World Energy Transitions Outlook 2023, the most realistic way to course correct the 1.5°C Pathway is by tripling renewable energy and the doubling of energy efficiency by 2030. Green hydrogen has an important … Continue reading →

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3 TWdc of new solar power PV installations between 2023 and 2032

Posted on February 22, 2024 by Now.Solar

Our latest quarterly global solar PV forecast has seen a 5% upgrade, projecting over 3 TWdc of new solar PV installations between 2023 and 2032. Decarbonisation and electrification commitments at a government and corporate level, along with expanding auction plans … Continue reading →

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COP28 key takeaways: The challenges in accelerating the energy transition

Posted on February 12, 2024 by Now.Solar

There’s more than one measure of success. Our team was there and witnessed an organisational triumph. The sheer scale of COP28 signalled an event of global interest – over 100,000 attended, bigger than Burning Man, compared with about 10,000 at Kyoto in … Continue reading →

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Vestas is awarded a 186 MW wind power project in Finland

Posted on February 6, 2024 by Now.Solar

Vestas has received a firm order from Ilmatar, a Nordic energy company and independent power producer (IPP), for the Pahkakoski wind farm in the municipality of Ii, located 60 kilometers from the city of Oulu, Finland. The order consists of … Continue reading →

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Suzlon wins 100.8 MW wind order for 3 MW wind turbines

Posted on February 5, 2024 by Now.Solar

Supply 32 wind turbines with a nominal power of 3.15 MW each. Wind farm with a total installed capacity of 100.8 MW to be completed in Gujarat. The electricity generated by the project will be supplied to Gujarat Urja Vikas … Continue reading →

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EDP is the world’s number 1 among electric utilities in the Dow Jones global sustainability indices

Posted on February 4, 2024 by Now.Solar

With a final score of 88 points, above average in the energy sector, EDP group, of which EDPR takes part, stands out as one of the world’s sustainability champions. EDP group, of which EDPR is part, has once again been … Continue reading →

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Wind power in Peru: Acciona wind farm

Posted on January 24, 2024 by Now.Solar

ACCIONA Energía has connected its first renewable energy project in Peru, the San Juan de Marcona wind farm (135,7MW), to the National Interconnected Electricity System (SEIN) grid, representing an investment by the global renewable energy company of US$180 million (€164 … Continue reading →

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Suzlon secures new order for 100.8 MW of wind power for 32 3 MW wind turbines

Posted on January 8, 2024 by Now.Solar

To supply 32 wind turbines with a rated capacity of 3.15 MW each. Wind farm with a total installed capacity of 100.8 MW to be completed in KarnatakaElectricity generated from the project will be supplied to Commercial and Industrial (C&I)customers. … Continue reading →

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Navigating Indonesia’s PowerSystem Decarbonisation withthe Indonesia Just EnergyTransition Partnership

Posted on January 2, 2024 by Now.Solar

global Continue reading →

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RWE launches global Floating Wind Co-use Competition

Posted on December 9, 2023 by Now.Solar

RWE, one of the world leaders in offshore wind, has launched its first global “Floating Wind Co-use Competition”. The company is looking for solutions to promote co-existence with other sea users and biodiversity enhancement. RWE is dedicated to accelerating the … Continue reading →

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Lack of ambition and attention risks making electricity grids the weak link in clean energy transitions

Posted on December 8, 2023 by Now.Solar

Efforts to tackle climate change and ensure reliable supplies of electricity could be put at risk unless policy makers and companies quickly take action to improve and expand the world’s electricity grids, according to a special report released today by … Continue reading →

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RWE appoints Fugro to start geophysical survey for Denmark’s largest offshore wind farm

Posted on December 5, 2023 by Now.Solar

RWE has commenced a geophysical survey off the Danish west coast. Up to three survey vessels will be deployed to carry out a detailed pre-construction survey including a search for unexploded ordnance (UXO) approximately 34 kilometres off the coast of … Continue reading →

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China unveils the most powerful wind turbines

Posted on December 1, 2023 by Now.Solar

The engineers responsible claim the 18-megawatt offshore turbine is capable of powering up to 40,000 homes over the course of an entire year. At full wind speed, the structure generates up to 44.8 kWh of electricity. This means that a … Continue reading →

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Iberdrola joins forces with Norges Bank Investment Management to co-invest in 1,265 MW of new renewable capacity in Spain

Posted on November 28, 2023 by Now.Solar

Iberdrola has signed an alliance with Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, to invest in 1,265 MW of new renewables capacity in Spain. Of the total capacity, 20% will come from wind and 80% from solar … Continue reading →

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The Nuclear Fallacy: Why Small Modular Reactors Can’t Compete With Renewable Energy

Posted on November 24, 2023 by Now.Solar

Will the small modular nuclear reactor community be able to find an optimized point on the physics vs modularity curve? I don’t think so, and discussed it with Bent Flyvbjerg, global megaproject expert. One of the topics in my recent … Continue reading →

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DNV acquires AI-enabled wind software-as-a-service provider Proxima Solutions to strengthen its GreenPowerMonitor business

Posted on November 19, 2023 by Now.Solar

Proxima Solutions offers a suite of artificial intelligence-based (AI) asset management software tools that enable renewable energy asset owners and managers to optimize operations, assess plant performance and maximize energy production. Proxima Solutions AI algorithms allow the early detection of … Continue reading →

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Enfinity Global and Statkraft sign long-term PPA for the commercialization of 191 GWh of clean electricity per year in Italy

Posted on November 6, 2023 by Now.Solar

The portfolio, consisting of three power plants located in the Viterbo province (Lazio region), is expected to become operational in the first half of 2024. It will produce 191 GWh of clean electricity per year, enough to power 71,000 homes … Continue reading →

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Enel Green Power breaks new records in 2022 in solar and wind power around the world

Posted on November 3, 2023 by Now.Solar

In 2022, Enel Green Power built 5,223 MW of renewable capacity worldwide (including 387 MW of battery storage), an increase compared to 2021, thus reaching a total managed capacity of approximately 59 GW by the end of 2022.In 2022, Enel … Continue reading →

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Biggest year ever for Women in Wind Global Leadership program

Posted on October 31, 2023 by Now.Solar

This year’s Women in Wind Global Leadership Program will offer the most mentee places ever – with applications now open for the 2023/24 scheme.  Having started in 2019 with an initial group of eight mentees, this year the program will … Continue reading →

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ACP’s Next Chapter

Posted on October 30, 2023 by Now.Solar

I am in the early days in my new role leading the American Clean Power Association. I am looking forward to meeting with ACP members in the coming months to understand what our member priorities are and what can we … Continue reading →

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Hydrogen patentsfor a clean energy futureA global trend analysis of innovation along hydrogen value chains January 2023

Posted on October 23, 2023 by Now.Solar

Executive summary A successful transition to a clean energy future will be supported by rapid changes in the global economy and in people’s patterns of energy consumption, all of which have the potential to sustain healthier societies, more equitable outcomes … Continue reading →

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LiFE lessons from India The benefits of advancing the Lifestyle for Environment (LiFE) initiative throughthe G20

Posted on October 20, 2023 by Now.Solar

Introduction In November 2021 at COP26, Prime Minister Narendra Modi of India announced the launch of the Lifestyles for Environment (LiFE) initiative, which aims to promote more environmentally responsible consumption and behaviour worldwide. In today’s context of the global energy … Continue reading →

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Electricity Market Report 2023

Posted on October 20, 2023 by Now.Solar

Executive SummaryGlobal electricity demand growth slowed only slightly in 2022 despite energy crisis headwinds World electricity demand remained resilient in 2022 amid the global energy crisis triggered by Russia’s invasion of Ukraine. Demand rose by almost 2% compared with the … Continue reading →

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Oil Market Report

Posted on October 19, 2023 by Now.Solar

One year on Nearly a year on from Russia’s invasion of Ukraine, global oil markets are trading in relative calm. Oil prices are back to pre-war levels with the exception of diesel, though even these have drifted much lower from … Continue reading →

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Driving Down Coal Mine Methane Emissions A regulatory roadmap and toolkit

Posted on October 19, 2023 by Now.Solar

Executive SummaryAction to cut methane emissions from coal mines is needed in parallel with measures to reduce coal consumption. Yet global coal demand is set to rise in 2022 amid the upheaval of the energy crisis and this will have … Continue reading →

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CO2 Emissionsin 2022

Posted on October 18, 2023 by Now.Solar

Energy-related CO2 emissions grew by 0.9% to over 36.8 Gt in 2022 Global carbon dioxide (CO2) emissions from energy combustion and industrial processes1 grew 0.9% or 321 Mt in 2022 to a new all-time high of 36.8 Gt. This estimate … Continue reading →

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Gas Market Report,Q1-2023

Posted on October 18, 2023 by Now.Solar

including Gas Market Highlights 2022 Record high gas prices and volatility weighed on hub liquidity in 2022 Natural gas hubs enable market participants to trade gas in open, competitive gas markets. Traded products typically range from short-term contracts (e.g., within-day, … Continue reading →

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Oil Market Report

Posted on October 17, 2023 by Now.Solar

Demand Overview Global oil demand growth started 2023 with a whimper but is projected to end the year with a bang. Gains will accelerate to 2.6 mb/d year-on-year (y-o-y) in 4Q23 from only 710 kb/d in 1Q23. Average 2023 deliveries … Continue reading →

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Armenia Energy Profile

Posted on October 16, 2023 by Now.Solar

Overview Country overview The Republic of Armenia (Armenia) is a landlocked country in the southern Caucasus region between the Black and Caspian seas, bordered by the Republic of Türkiye (Türkiye) on the west, Georgia to the north, Azerbaijan on the … Continue reading →

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Emissions Measurementand Data Collection for a Net Zero Steel Industry

Posted on October 13, 2023 by Now.Solar

Executive summaryThe G7 can lead the way in defining a shared vision for the transition to a net zero steel industry. In May 2022, the G7 committed to accelerate the pace of decarbonisation in heavy industries, noting the “importance of … Continue reading →

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Managing Seasonal and Interannual Variabilityof Renewables

Posted on October 13, 2023 by Now.Solar

Executive summaryRenewables are rapidly transforming power systems worldwide An additional 2400 GW of renewables power capacity is forecast to be installed by 2027, equal to renewables growth over the last 20 years or to the total current installed capacity of … Continue reading →

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Outlooks for gas markets and investment

Posted on October 12, 2023 by Now.Solar

Introduction In the midst of a global energy crisis in which shortages of natural gas have played a central role, fundamental questions are now being asked about the long-term future of natural gas. The crisis has reminded policy makers and … Continue reading →

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Decarbonisation Pathways for Southeast Asia

Posted on October 10, 2023 by Now.Solar

Executive summaryThe International Energy Agency (IEA) and the Institute of Energy Economic, Japan (IEEJ) have developed and published long-term decarbonisation pathways for Southeast Asia and Indonesia. This paper provides a comparison of modelling approaches, quantitative drivers, and results from the … Continue reading →

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Financing Clean Energy in Africa

Posted on September 20, 2023 by Now.Solar

Foreword Energy is central to Africa’s future development, and Africa in turn will play an increasingly important role in shaping global energy trends. How these roles play out in practice will depend in large part on investment, particularly in affordable, … Continue reading →

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Coal 2022 Analysis and forecast to 2025

Posted on February 24, 2023 by Now.Solar

Coal markets have been shaken severely in 2022, with traditional trade flows disrupted, prices soaring and demand set to grow by 1.2%, reaching an all-time high and surpassing 8 billion tonnes for the first time. In last year’s annual market … Continue reading →

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Coal Analysis and forecast to 20242021

Posted on February 22, 2023 by Now.Solar

The 2020 collapse in coal demand turned out to be smaller than anticipated Even before the pandemic, coal faced a difficult outlook for 2020. Demand was being squeezed by a mild winter in the Northern Hemisphere, low natural gas prices … Continue reading →

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