Tag Archives: Electricity

Vattenfall to divest Norfolk Offshore Wind Zone to RWE

Posted on January 18, 2024 by Now.Solar

Vattenfall has signed an agreement with RWE to divest the Norfolk Offshore Wind Zone. The agreed purchase price corresponds to an enterprise value of £963 million. The deal ensures the continued development of the projects and fossil-free electricity for millions … Continue reading →

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OX2 has handed over Juniewicze wind farm in Poland to Octopus Energy Generation

Posted on January 17, 2024 by Now.Solar

OX2 has handed over the Juniewicze wind farm in the municipality of Huszlew, Poland, to Octopus Energy Generation. The wind farm comprises 16 wind turbines with a total installed capacity of 48 MW. OX2 and Octopus Energy Generation signed a … Continue reading →

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Scotland: TotalEnergies Farms Down 25.5% of the Seagreen Offshore Wind Farm to PTTEP

Posted on January 16, 2024 by Now.Solar

In line with its renewables business model, TotalEnergies has signed an agreement with Thailand’s national oil and gas company PTTEP for the sale of a 25.5% equity stake in the Seagreen offshore wind farm for a consideration of £522 million … Continue reading →

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Adani wind power project to offer lowest unit price in Sri Lanka

Posted on January 12, 2024 by Now.Solar

Sri Lanka is grappling with rising electricity generation costs, without the benefits seen in neighboring countries with Independent Power Producers (IPPs).Inadequate transmission planning revealed by network failures contrasts with advanced private settings in India, emphasizing technology-driven customer empowerment. To move … Continue reading →

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Vietnam considers importing wind power from Laos amid electricity shortage concerns

Posted on January 11, 2024 by Now.Solar

In an effort to address potential power shortages in its northern region, Vietnam is considering importing wind power from its neighboring country, Laos. The national energy monopoly, Vietnam Electricity (EVN), has requested approval to import at an economically viable rate … Continue reading →

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China strengthens solar and wind energy to boost green development

Posted on January 10, 2024 by Now.Solar

In the first half of this year, China’s installed capacity of renewable energy surpassed that of coal power for the first time in its history, indicating a change in the country’s energy structure. Renewable energy installed capacity continued to grow … 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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Brazil grows 8.4 GW of installed energy capacity in 2023

Posted on January 7, 2024 by Now.Solar

Brazil expanded its installed capacity of electrical energy by 8.4 gigawatts (GW) in 2023, and new plants from renewable wind and solar sources correspond to 90.4% of the growth, the Ministry of Mines and Energy reported this Tuesday. According to … 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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AQUADA-GO – New drone technology uses Artificial Intelligence to examine offshore wind turbine blades

Posted on December 13, 2023 by Now.Solar

It’s sometimes hard to get an annual medical check-up while you’re hard at work. While it’s sometimes the case for humans, it’s also no less an issue for wind turbines. In response, RWE, DTU Wind and Energy Systems and Quali … Continue reading →

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Price spike in European electricity markets

Posted on December 9, 2023 by Now.Solar

In the second week of October, European electricity market prices rose. Some hourly prices were above €200/MWh, which was also the case on Monday, October 16. The rise was supported by higher gas and CO2 prices, which registered their highest levels … Continue reading →

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TotalEnergies Commissions Its Biggest Offshore Wind Farm

Posted on December 9, 2023 by Now.Solar

TotalEnergies and its partner SSE Renewables are pleased to announce that their Seagreen offshore wind farm is now fully operational and running at its design capacity of 1,075 MW. Seagreen is a joint venture between TotalEnergies (51%) and SSE Renewables … 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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Solar and wind energy are on the rise in the United States

Posted on December 4, 2023 by Now.Solar

Clean energy is booming in the United States.  According to “Renewables on the Rise 2023,” the seventh edition of our annual report on the state of clean energy in America, the United States now generates nearly 12 times as much … Continue reading →

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MingYang Smart Energy unveils plans for world’s largest wind turbine

Posted on December 4, 2023 by Now.Solar

MingYang Smart Energy has recently revealed plans to develop an innovative offshore wind turbine. With a remarkable rotor diameter of more than 310 metres, the wind turbines will be the largest and most powerful of their type announced to date. … Continue reading →

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Decentralised Renewables Solutions Can Improve Healthcare Services for Almost 1 Billion People

Posted on November 30, 2023 by Now.Solar

Close to 1 billion people in low- and lower-middle income countries are served by healthcare facilities that lack a reliable electricity supply, according to a new report from the World Health Organization (WHO), the World Bank, the International Renewable Energy Agency (IRENA), and Sustainable … Continue reading →

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Green electricity from Nordsee Ost and Amrumbank West wind farms for 12 large customers from 2025

Posted on November 29, 2023 by Now.Solar

From 2025 and 2026 respectively, RWE’s Nordsee Ost and Amrumbank West offshore wind farms will supply eleven German industrial customers and one large municipal utility with green electricity. The relevant agreements were signed between RWE Supply & Trading and Badische … Continue reading →

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WindEurope response to Spain’s proposals on Electricity Market Design

Posted on November 29, 2023 by Now.Solar

The European Commission is planning to table a reform to Electricity Market Design rules in March to help address Europe’s energy crisis. Ahead of the public consultation, Spain has issued a non-paper setting out its own proposals for electricity market … 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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EU and Industry launching a new project pathing the way for connecting multiple offshore wind farms and energy islands

Posted on November 23, 2023 by Now.Solar

Europe is pathing the way for interconnected hybrid offshore wind farms. On this way offshore electricity transmission is a key challenge. The most efficient way of transporting electricity from offshore wind farms is via multi-terminal high voltage direct current (HVDC) … Continue reading →

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Only a setback distance of 500 metres will support onshore wind in Poland

Posted on November 22, 2023 by Now.Solar

Onshore wind has been stalled for a long time in Poland. The overly restrictive “10H” distance rule that came in 2016 excludes 98% of Polish territory from new onshore wind farms. Poland is about to adopt a new regulation that … Continue reading →

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WindEurope Annual Event: Copenhagen, 25-27 April – programme now available and registrations open

Posted on November 21, 2023 by Now.Solar

Registration is now open for WindEurope’s Annual Event 2023. The biggest gathering of Europe’s wind industry this year takes place in Copenhagen on 25-27 April. The programme is online. Over 400 companies are exhibiting. 10,000 people will be there including Fatih … Continue reading →

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A second life for wind turbine blades

Posted on November 19, 2023 by Now.Solar

The LIFE REFIBRE project transforms disused wind turbine blades into glass fibers that, once added to asphalt, make roads up to 30% more durable. 93.6% of the electricity demand in Castilla y León is covered with energy that comes from … Continue reading →

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Ørsted wants to tap Sweden’s huge offshore wind power potential with four new farms

Posted on November 17, 2023 by Now.Solar

Ørsted has applied for permits to build a further four large-scale offshore wind farms in Sweden, expanding its portfolio to a total potential capacity of 18 GW. If fully developed, the new wind farms could cover more than half of … Continue reading →

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Endesa receives the environmental impact statement for the construction of the Galatea Wind Farm in Alt Empordá

Posted on November 17, 2023 by Now.Solar

This would be the first wind farm that Endesa builds in Catalonia and one of the first to receive a favorable environmental impact declaration (DIA) after the approval of Decree-Law 16/2019 on urgent measures for the climate emergency and the … Continue reading →

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Acciona Energía’s largest pv complex in Spain Extremadura i, ii, and iii begins operations

Posted on November 13, 2023 by Now.Solar

ACCIONA Energía has started operations at the photovoltaic complex Extremadura I, II, and III (125MWp) in Almendralejo (Badajoz), the largest solar complex of the company in Spain. Formed by more than 230,000 photovoltaic modules, Extremadura I, II, and III will … Continue reading →

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Ensuring access to critical materials for steel and wind energy sectors essential for EU clean-tech economy

Posted on November 11, 2023 by Now.Solar

The European wind industry and the European steel industry play a key role in enabling Europe’s clean tech economy. The upcoming EU Critical Raw Materials Act must account for the strategic role of this key value chain. It must ensure … Continue reading →

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Saeed Al Tayer emphasises Dubai’s clear strategy and roadmap to reach 100% of energy production capacity from clean energy sources by 2050

Posted on November 11, 2023 by Now.Solar

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), emphasised that Dubai has a clear strategy and roadmap to reach 100% energy production capacity from clean energy sources by 2050. Al Tayer made these … Continue reading →

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Iberdrola is awarded four agrovoltaic innovation projects in France

Posted on November 9, 2023 by Now.Solar

Iberdrola has been awarded four agrovoltaic projects with a total capacity of 12 megawatts (MW) in the renewable energy innovation tenders launched by the French Ministry of Energy Transition. As a prerequisite and priority, the projects focus on innovation criteria, care for the environment and … Continue reading →

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In Portugal, 58% of the electricity consumed came from renewables, mainly wind power and hydro

Posted on November 8, 2023 by Now.Solar

The production and consumption of electricity from renewable energy sources in the European Union (EU) increased between 2020 and 2021, years marked by the pandemic. And, among the Member States, Portugal occupies the fourth position among the countries whose electricity … 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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OX2 to develop 1,400 MW offshore wind farm outside the coast of Finland

Posted on November 2, 2023 by Now.Solar

OX2 has initiated the development of the offshore wind farm Tyrsky in the Gulf of Bothnia in the Finnish economic zone. The project that is estimated to have a total installed capacity of 1,400 MW and will be included in … 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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GE connects all units at 1.2 GW Jinzhai pumped storage hydro power plant in China

Posted on October 28, 2023 by Now.Solar

GE was selected to deliver 4x 300 MW pumped storage units for the project. All units passed trial period and are now connected to the grid. The project annual generating capacity represents about 1.4 times the annual household electricity consumption … Continue reading →

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Wind energy, demand and CO2 contribute to the rise in European electricity markets

Posted on October 27, 2023 by Now.Solar

In the fourth week of January, prices of almost all European electricity markets analysed at AleaSoft Energy Forecasting increased compared to the previous week. The general decrease in wind energy production, the increase in demand in most markets and the … Continue reading →

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Investments in wind energy are down – Europe must get market design and green industrial policy right

Posted on October 25, 2023 by Now.Solar

Investments in wind energy in Europe fell in 2022. Orders for new wind turbines were down 47% on 2021. There was not a single investment in an offshore wind farm. The problem is inflation, with costs rising at a higher rate than … 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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Strategies for Coal Transition in Korea

Posted on October 16, 2023 by Now.Solar

Executive summary CO2 emissions from coal are at the centre of the climateand energy debate Coal is the largest energy source for electricity generation, steel making and cement production, three indispensable ingredients of modern life. At the same time, coal … 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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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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Towards hydrogen definitions basedon their emissions intensity

Posted on October 11, 2023 by Now.Solar

Executive summary A clear understanding of the emissions associated with hydrogen production can help enable investment and boost scale-up Most large-scale projects for the production of low-emission hydrogen are facing important bottlenecks. Only 4% of projects that have been thus … Continue reading →

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The Evolutionof Energy Efficiency Policy to Support Clean Energy Transitions

Posted on October 11, 2023 by Now.Solar

IntroductionUsing energy more efficiently has proven to be an extremely successful and costeffective way to reduce energy demand. Highly developed and well proven policy instruments already exist to deliver increased energy efficiency, such as Ecodesign in Europe and Japan’s Top … 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 →

Posted in Biofuels, Biomass, Cells & Modules, Coal, Cogeneration, Energy Minister, Energy Storage, Forestry, Fossil Fuel, Fuel Cells, Geothermal, Global Warming, Government, Grid Interactive Distributed Solar Energy Systems, Grid Storage, Hydro, Ministry of Power, News, Nuclear, Policy, Power Generation, PV, Renewable Purchase Obligation, Renewables, Rooftop, Solar, Solar Policy, Solar PV, Storage, Waste, Wind | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Credible Pathways to 1.5 °CFour pillars for actionin the 2020s

Posted on October 9, 2023 by Now.Solar

IntroductionGlobal energy‐related CO2 emissions rose 0.9% in 2022, reaching a new all‐time high of 36.8 Gt (IEA, 2022a).1 Land‐use related CO2 emissions remained at around 6 Gt in 2022. At the same time, record high fossil energy and electricity prices … Continue reading →

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New Zealand 2023 Energy Policy Review

Posted on October 6, 2023 by Now.Solar

Executive summary Overview New Zealand has a diversified energy mix, with significant production of both hydropower and geothermal. As the country embarks on an ambitious energy transition, it has many natural advantages, including an enviable renewable resource base. The key … Continue reading →

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Greece 2023 Energy Policy Review

Posted on October 6, 2023 by Now.Solar

Executive summary Greece’s energy and climate policies are centred on achieving net zero emissions by 2050 while ensuring energy security, improving economic competitiveness and protecting vulnerable consumers. The National Energy and Climate Plan (NECP), adopted in 2019, is the main … Continue reading →

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Italy 2023 Energy Policy Review

Posted on October 5, 2023 by Now.Solar

Executive summaryItaly’s energy system has changed notably since 2010 and today the country’s energy mix includes more natural gas and renewable energies and less coal and oil. From a lower base than the IEA average, Italy’s energy intensity, measured by … Continue reading →

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Renewable Hydrogen from Oman A producer economy in transition

Posted on October 4, 2023 by Now.Solar

Executive summary Oman is a producer economy with net zero ambitions. Hydrocarbon production has a dominant role in Oman’s economy with oil and gas representing around 60% of the country’s total export income in recent years. Currently, Oman’s energy needs … Continue reading →

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Scaling up Private Financefor Clean Energyin Emergingand Developing Economies

Posted on October 2, 2023 by Now.Solar

Executive summary How Emerging Market and Developing Economies (EMDEs) meet their rising energy needs will be pivotal to their and the world’s energy and climate future. This country grouping covers a wide variety of low-income and middle-income economies, many of … Continue reading →

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Using Digitalisation in Emerging Markets and Developing Economiesto Enable Demand Response in Buildings

Posted on September 29, 2023 by Now.Solar

Background Rising living standards and decarbonisation policies boost electrification of buildings in EMDEs Electricity demand in buildings is set to increase strongly in emerging markets and developing economies (EMDEs) owing to rising living standards, greater energy access and widespread ownership … Continue reading →

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