Tag Archives: Electricity

Solar photovoltaic surge: Meeting two-thirds of the rise in Türkiye’s peak electricity demand in 2024

Posted on June 5, 2025 by Now.Solar

In the first eight months of 2024, Türkiye’s photovoltaic solar energy generation surged by over 40% compared to the same period in 2023, contributing to meeting record-high electricity demand during summer. Türkiye’s solar surge meets rising peak demand in 2024 … Continue reading →

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Price cannibalisation triggers the signing of electricity contracts that combine wind power and solar photovoltaic

Posted on May 29, 2025 by Now.Solar

In Spain, long-term power purchase agreements, known as PPAs, have been signed that hybridise both technologies for a total of 1.3 GW in the first half of the year. Offshore wind power also promises a new era. Spain is one … Continue reading →

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El Salvador reaches 633 MW of photovoltaic

Posted on May 22, 2025 by Now.Solar

According to data from the General Superintendence of Electricity and Telecommunications (Siget), solar photovoltaic represented 21.1% of the total installed capacity in 2023.The General Superintendence of Electricity and Telecommunications (Siget) has released the data on installed capacity for 2023, which … Continue reading →

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Germany opens its largest floating photovoltaic system

Posted on May 1, 2025 by Now.Solar

The new photovoltaic system located on Lake Philippsee in southern Germany contains 27,160 solar modules. The massive PV unit has an installed capacity of 15 megawatts and covers eight hectares, according to operator Nexentury. It will provide 16 million kilowatt … Continue reading →

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Global LCOE (levelized cost of electricity) competitiveness of wind power and photovoltaic (PV) is increasing

Posted on April 23, 2025 by Now.Solar

The cost competitiveness of these technologies varies significantly across regions, but overall, renewables are on track to overtake traditional fossil fuel sources. Wood Mackenzie has released five regional Levelised Cost of Electricity (LCOE) reports for 2024, which provide an in-depth analysis … Continue reading →

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Romania advancing its plans for more wind energy

Posted on April 6, 2025 by Now.Solar

After 10 years of slow growth, Romania wants to boost its wind energy again. Energy Minister Sebastian Burduja summarised their plans at the Power Shift Summit in Bucharest on 29 October: onshore wind CfD auctions starting now; grid expansion underway … Continue reading →

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RWE and Rivian sign 15-year power purchase agreement for clean electricity supply from 127-megawatt Champion Wind Farm in Texas

Posted on April 5, 2025 by Now.Solar

RWE, the third largest renewable energy company in the U.S., today announced it signed a long-term power purchase agreement (PPA) with electric vehicle manufacturer Rivian for the electricity from an upgraded RWE wind project in West Texas. The PPA underlines … Continue reading →

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Towards better solar cells: Exploring an anomalous phenomenon of electricity generation

Posted on March 13, 2025 by Now.Solar

The bulk photovoltaic (BPV) effect is an uncommon phenomenon that may enable certain materials to outperform the conventional p–n junctions used in solar cells. Researchers from Japan have experimentally demonstrated the BPV effect in alpha-phase indium selenide (?-In2Se3) for the … Continue reading →

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Viscofan Group will cover 30% of its electricity needs in Navarra with the renewable energy produced at a 48.11MWp photovoltaic plant

Posted on February 25, 2025 by Now.Solar

Viscofan, a leading company in the manufacturing of casings for the food industry, has chosen ACCIONA Energía to carry out its decarbonization project through the installation of a photovoltaic self-consumption system at its facilities in Cáseda (Navarra, Spain), including operation … Continue reading →

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Stronger integration measures are needed as solar photovoltaic and wind power soar to record levels in electricity sector

Posted on February 24, 2025 by Now.Solar

New IEA report offers first-of-its-kind global stocktake of efforts to integrate variable renewables across 50 power systems, identifying best practices and key challenges As solar PV and wind grow at an accelerated pace around the world, governments must act to … Continue reading →

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How PJM Can Reform Its Interconnection Processes to Expedite Battery Storage and Avoid Looming Electricity Shortfall

Posted on February 7, 2025 by Now.Solar

PJM Interconnection (PJM), America’s largest electric grid operator with a service territory that spans 13 states and the District of Columbia, risks a shortfall of electricity within the next six years yet continues to apply processes that discourage the deployment … Continue reading →

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Photovoltaic now account for six percent of the global electricity mix

Posted on February 6, 2025 by Now.Solar

Global energy demand is growing, and solar energy covers an ever-increasing share of it. Although coal (35 percent) and gas (22 percent) still account for the largest share of electricity generation worldwide, the mix is ??changing. In 2015, solar energy … Continue reading →

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The Future of European Electricity Markets: Batteries, Hybridisation and Profitability

Posted on January 30, 2025 by Now.Solar

European electricity markets are facing an unprecedented energy revolution, driven by the rise of renewable energies. Batteries and hybridisation of technologies are emerging as key players in this transformation process, not only optimising the integration of clean energy but also … Continue reading →

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

Posted on January 8, 2025 by Now.Solar

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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Repsol begins to produce renewable photovoltaic electricity in Andalusia

Posted on January 7, 2025 by Now.Solar

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

Posted on January 2, 2025 by Now.Solar

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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European electricity market prices change trend after starting the year on the rise

Posted on December 13, 2024 by Now.Solar

In the week of January 15, prices in the main European electricity markets decreased compared to the previous week. This represented a reversal of the upward trend registered in most markets over the last two weeks. Gas and CO2 prices continued … Continue reading →

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Clean sources of generation are set to cover all of the world’s additional electricity demand over the next three years

Posted on December 10, 2024 by Now.Solar

Global electricity demand is expected to grow at a faster rate over the next three years as the clean energy transition gathers speed, with all the additional demand forecast to be covered by technologies that produce low-emissions electricity, according to … Continue reading →

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China’s power generation up 8 pct in December 2023

Posted on April 11, 2024 by Now.Solar

A breakdown of the data revealed that the output of photovoltaic solar power soared 17.2 percent year on year, while that for thermal power rose 9.3 percent. The output of wind power and hydropower climbed 7.4 percent and 2.5 percent, … Continue reading →

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Deep Wind Offshore and EDF Renewables extend offshore wind collaboration in Norway

Posted on April 9, 2024 by Now.Solar

Renewables energy major EDF Renewables has been working closely with offshore wind developer Deep Wind Offshore in Norway since 2021. The work includes delivering a competitive bid for the Utsira Nord tender. Now, the consortium has signed an agreement also … Continue reading →

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Cyprus obtains 40 million euros for storage and optimizing photovoltaics

Posted on April 7, 2024 by Now.Solar

The Republic of Cyprus has secured €40 million from the Just Transition Fund for energy storage facilities, addressing the inflexibility of its electricity system in storing excess energy from renewables. Energy Minister George Papanastasiou, in a letter to Parliament, emphasizes … Continue reading →

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EDP Renováveis starts the operation of the first hybrid wind power and solar photovoltaic project in Spain

Posted on April 4, 2024 by Now.Solar

The announcement confirms the pioneering role of EDP Renováveis ??in the development of new solutions to accelerate the energy transition. In 2023, the company had already started operations of hybrid parks in Portugal and Poland. EDP Renováveis (EDPR), a leading … Continue reading →

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Revolutionizing offshore wind energy with green hydrogen

Posted on April 2, 2024 by Now.Solar

The offshore wind industry will explode in the coming years, with a projected capacity of 500 gigawatts on water by 2050. However, the challenge remains: how can this vast amount of energy be efficiently transported and used? Enter Copenhagen Energy … Continue reading →

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Europe sets course for cooperation on cross-border offshore wind energy grids

Posted on March 27, 2024 by Now.Solar

Today the European Network of Transmission System Operators for Electricity (ENTSO-E) published EU Offshore Network Development Plans (ONDPs). The ONDPs are the first comprehensive cross-border review of existing offshore grid capacity and future offshore grid requirements at sea basin level. … Continue reading →

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Enercon installs 2.4 GW of wind turbines in 2023

Posted on March 26, 2024 by Now.Solar

German wind turbine manufacturer and installer Enercon GmbH installed 2,421 MW of wind power in 2023, a 28% increase over the previous year. With a total of 628 wind turbines, Enercon achieved its operational goals over the past year. In … Continue reading →

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EDP Renovables launches a 297 MW wind farm in Alberta, Canada

Posted on March 25, 2024 by Now.Solar

EDP Renovables North America has begun commercial operations at the 297 MW Sharp Hills wind farm in the Canadian province of Alberta. Located in the Special Areas Township, near the villages of Sedalia and New Bridgen, the wind farm will … Continue reading →

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Rio Tinto acquires 1.1 GW solar photovoltaic plant in Australia

Posted on March 23, 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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Unprecedented renewables growth keeps 2030 tripling dream alive – IEA’s Heymi Bahar

Posted on March 18, 2024 by Now.Solar

The world added 50% more renewable capacity in 2023 than in 2022, with the next five years set to see the fastest growth yet. China and solar photovoltaic (PV) were the stars of the show. Energy Monitor interviews Heymi Bahar, co-author of … Continue reading →

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Home Solar Photovoltaic (PV) Reduces 2,000 Mauritian Households’ Electricity Costs and Carbon Emissions

Posted on March 12, 2024 by Now.Solar

The Central Electricity Board (CEB), under the Ministry of Energy and Public Utilities of Mauritius, has made significant strides in scaling up the deployment of solar (photovoltaics) PV systems under the Home Solar Project (HSP) scheme. The initiative is made … Continue reading →

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GE Vernova to build onshore electrical connection for Poland’s largest offshore wind farm, Baltica

Posted on March 8, 2024 by Now.Solar

GE Vernova’s Grid Solutions business, in partnership with Polimex Mostostal, has been awarded a key contract for the Baltica 2 Offshore Wind Farm in Poland.The project involves building the onshore infrastructure including a 275/400 kV high voltage substation including STATCOMs … Continue reading →

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SolarPower Europe publishes guidelines for recycling of photovoltaics (PV) solar panels

Posted on March 5, 2024 by Now.Solar

Last year the European Union added photovoltac solar power plants and residential photovoltaic systems with a record-breaking total capacity again, 55 GW, bringing the level to 263 gigawatts. With the staggering expansion in the sector, responsible management of solar panels … Continue reading →

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GE Vernova, Kandenko and Cosmo Eco Power to develop onshore wind farm in Fukushima, Japan

Posted on March 3, 2024 by Now.Solar

Signed Turbine Supply Agreement for 28 units of GE Vernova’s 3.2-103 wind turbine and long-term Full Service Agreement. Total installed capacity is approximately 90 MW, which can meet the power demand of an estimated 50,000 households on an annual basis. … Continue reading →

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France’s Energy Minister 23 announced the adoption of 54 applications for onshore wind farm projects

Posted on March 1, 2024 by Now.Solar

France’s “Figaro” reported on November 23, that the French energy minister announced on the 23rd through 54 onshore wind farm project applications, the total power of the project is 931 megawatt-hours, the average price of the tender is 86.94 euros … Continue reading →

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Solar power has seen a remarkable increase in capacity worldwide

Posted on February 23, 2024 by Now.Solar

In 2010 it took an average of a month to install one gigawatt of solar capacity. By 2015, this pace quickened to a week, and in 2023, it is expected to exceed one gigawatt per day. In the last decade, … 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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Concentrated Solar Power, photovoltaic, and wind energy in the first week of December

Posted on February 18, 2024 by Now.Solar

In the first week of December, gas prices declined, approaching levels seen in early October, before the Hamas attack on Israel. CO2 futures also declined. On December 8, they registered the lowest settlement price since October 2022. Wind energy production increased … Continue reading →

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Galileo Empower plans to invest €170 million for project development over 7 years with 6 GW already secured

Posted on February 13, 2024 by Now.Solar

A joint venture between Empower Renewables and Galileo Green Energy, named Galileo Empower Ltd. (“Galileo Empower” or the “Joint Venture”), is announcing a significant expansion of the partnership as it now targets an overall development pipeline of 10 GW across … Continue reading →

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EU electricity market design deal will help restore investment certainty

Posted on February 10, 2024 by Now.Solar

Last night the European Parliament and the Council reached an agreement on the EU’s electricity market design revision. The deal is a good compromise which will help restore the confidence of renewables investors. Crucially it avoids permanently enshrining inframarginal revenue … Continue reading →

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PLUSWIND: A new hourly wind speed and generation database for US wind plants

Posted on February 7, 2024 by Now.Solar

In A Thousand Mile Walk to the Gulf, John Muir elegantly discussed the limits of scientific characterization of the wind, saying: “The substance of the winds is too thin for human eyes, their written language is too difficult for human … Continue reading →

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All wind turbines at the Saint-Brieuc wind farm are complete

Posted on February 2, 2024 by Now.Solar

The Saint-Brieuc Wind Farm located off the coast of northwestern France has reached a significant milestone, with all its wind turbines successfully installed and standing tall. The completion of this ambitious project marks a major achievement in the country’s renewable … Continue reading →

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All wind turbines at Iberdrola’s Saint-Brieuc offshore wind farm in France have been installed

Posted on February 1, 2024 by Now.Solar

Iberdrola has announced that turbine installation at the Saint-Brieuc wind farm in France has been completed.  Norwegian company Fred Olsen’s Brave Tern jack-up vessel installed the last 8 MW wind turbine at position SB49 on 17 December 2023. The ship has made 18 … Continue reading →

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Wind energy and solar power break records and generate more than half of all electricity in Spain in 2023

Posted on January 31, 2024 by Now.Solar

Renewable energies could close the year representing more than 50% of the national mix, a historical maximum and almost nine percentage points higher than the 2022 quota. Wind and solar photovoltaics complete an exceptional year, with respective records for production … Continue reading →

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There is still capacity to export more renewable energy avoiding curtailments and price cannibalization

Posted on January 29, 2024 by Now.Solar

The profile of electricity exchanges between the Iberian Peninsula and France shows interesting results. The Iberian exception represented a profound disruption in the pattern of exchanges between the Iberian and French markets. The analysis of exchanges by months of the … Continue reading →

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The impact of solar photovoltaic energy on prices

Posted on January 29, 2024 by Now.Solar

The growth of renewable energies, especially solar photovoltaic energy, is transforming the price profile of the electricity market in Spain. The clear influence of solar energy stands out, with prices falling during the hours of maximum solar radiation from 2021. … 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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Vestas is awarded 45 MW of wind power in Germany

Posted on January 22, 2024 by Now.Solar

Vestas has received a firm order from BayWa r.e. for the Dollenkamp wind farm in Brakel, North Rhine-Westphalia, Germany. The order consists of eight V162-5.6 MW wind turbines and includes the supply, delivery and commissioning of the wind turbines. Upon … Continue reading →

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Türkiye is one of Europe’s leading countries in wind energy

Posted on January 21, 2024 by Now.Solar

While the Global Wind Energy Council pointed out that the terawatt era will begin in global wind energy installed power at the end of 2023, Turkey stood out as the 5th largest wind industry in Europe. The company, which started … Continue reading →

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Solar power and on-shore wind energy provide cheapest electricity and nuclear most expensive

Posted on January 21, 2024 by Now.Solar

Estimates show small modular nuclear reactors would provide most expensive power and will not be available until 2030.Electricity generated by solar and on-shore wind is the cheapest in Australia, even after the significant expense of integrating them into the power … Continue reading →

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Vattenfall switches from 15 MW wind turbines from Siemens Gamesa to Vestas for offshore wind projects in Norfolk

Posted on January 20, 2024 by Now.Solar

Vattenfall, the Swedish power company, has announced that it will switch from Siemens Gamesa to Vestas as the supplier of wind turbines for its planned offshore wind projects in Norfolk, United Kingdom. Vattenfall’s decision to opt for Vestas’ 15 MW … Continue reading →

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Vestas wins order for Ecowende’s Hollandse Kust West offshore wind farm in the Netherlands

Posted on January 19, 2024 by Now.Solar

Dutch wind farm developer Ecowende, a joint venture between Shell and Eneco, has placed an order for 52 V236-15.0 MW wind turbines for the Ecowende wind farm at Hollandse Kust Site VI (west). Once installed, Vestas will service the wind … Continue reading →

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