Search



China’s aluminum smelters alone could shift 2.3% of daily electricity demand
German energy agency Dena has found China’s smelter fleet could shift 432.5 GWh of daily demand to more amenable hours to tally with renewables generation. To make it happen though, the regulator needs to lay down rules for providing incentives.
Sep 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Germany, China, Europe, Asia, Dena, flexible
Solar-plus-storage to cover 25% of electricity demand of Saint Kitts and Nevis
The Swiss battery maker Leclanché will build a 35.6 MW / 44.2 MWh solar-plus-storage power plant, which will provide with clean power state-owned St.Kitts electric utility Skelec over a 20-year period. The new facility will be able to cover around a fourth of the archipelago’s total electricity demand.
Aug 8, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Storage, storage, Germany, Europe, solar-plus-storage, Leclanché, Skelec, Saint Kitts and Nevis, Basseterre, Anil Srivastava, Solrid, Switzerland, North America
Svea Solar raises EUR 100m for utility-scale solar projects in Europe
Swedish solar firm Svea Solar has obtained a EUR-100-million (USD 107.39 m) financial investment from US-based fund manager CarVal Investors which will help it create and also build 500 MW of utility-scale solar projects in the residence market and abroad.
Jun 9, 2022 // Markets & Finance News, Europe, svea solar, solar projects, Erik Martinson
How will China’s electricity price reform affect solar?
The nation’s plan for grid-parity solar – brought forward to ease a mounting public PV subsidy debt burden – could be left in ruins by a newly-announced scheme to part liberalize the electricity price, itself motivated by a need to bail out financially stricken state-owned power companies.
Sep 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, China, Asia, China Central Television, NDRC, Song Jie Cao
New York finalises contracts for transmission project including 1.8 GW of solar
New york city authorities have finalised contracts for an US$ 11 billion infrastructure project consisting of 1.8 GW of solar and also 2GW of wind capacity that would certainly supply energy from upstate to New york city City.
Dec 3, 2021 // Markets & Finance News, USA, New York, NYSERDA, Invenergy, North America, Clean Path NY
Financial Services Firm Visa Reaches 100% Renewable Electricity Goal
Visa has announced that it has met its goal to use 100% renewable electricity by 2020, furthering its commitment to lead sustainably across its operations
Jan 16, 2020 // Markets & Finance News, International, Renewable Electricity, milestone, Visa, Al Kelly, Douglas Sabo
Solar, wind reach record 10% of global electricity but power sector emissions hit an all-time high
Solar as well as wind power got to a record 10% of global electricity in 2021. That milestone has actually now been reached by 50 nations across the world consisting of all 5 of the world's biggest economies, although power sector emissions have reached an all-time high, according to energy thinktank Ember.
Mar 31, 2022 // Markets & Finance News, Renewable Electricity, Ember, solar power generation, power generation, power sector emissions
Isle of Man tenders for 20 MW of solar as well as wind
The call belongs to a federal government action prepare for achieving web absolutely no discharges by 2050.
Aug 18, 2020 // Markets & Finance News, Storage, tender, ISLE OF MAN
Thai utility GPSC to acquire 39.5 MW of solar energy ability in Thailand
Thai power manufacturer Global Power Synergy PCL (BKK: GPSC) has actually authorized a bargain to obtain the holding companies for 9 solar energy centers with an integrated capability of 39.5 MW.
Mar 30, 2020 // Markets & Finance News, Thailand, Asia, GPSC
Solar electricity is now CHEAPER than grid electricity in China — with one in five cities finding renewable energy lower cost than coal
Electricity produced from commercial and industrial solar energy systems is now cheaper in Chinese cities than that supplied by the national grid.
Aug 12, 2019 // Plants, Large-Scale, Commercial, Grids, Solar, China, Asia, Jinyue Yan, grid
ACWA Power has actually IPO accepted by Saudi market authority
Saudi designer ACWA Power has seen its initial public offering (IPO) application approved by the nation's Capital Market Authority (CMA) as well as means checklist its shares on the Main Market of the Saudi Stock Exchange.
Sep 3, 2021 // Markets & Finance News, Saudi Arabia, IPO, Asia, ACWA Power
PV cheaper than spot market electricity across Europe
The levelized cost of energy produced by large scale PV projects ranges from €24/MWh in southern Spain to €42/MWh in Finland. New research states that is already cheaper than the average spot market electricity price and that the figure for big facilities in southern Spain may fall to €14 in 2030 and €9 in 2050.
Sep 3, 2019 // Technology, Plants, Large-Scale, Commercial, Europe, Christian Breyer, Lappeenranta University of Technology
United state eco-friendly electricity exceeded coal in 2022
Electricity produced from renewables surpassed coal in the United States for the first time in 2022, the United State Energy Information Administration revealed Monday.
Mar 28, 2023 // Markets & Finance News, USA, North America, coal
Solar as well as wind create record 10% of international electricity
Solar and also wind generated a record 9.8% of global electrical energy throughout the initial six months of 2020, but additional gains are needed if Paris Agreement targets are to be fulfilled, a new report has claimed.
Aug 13, 2020 // Plants, Markets & Finance News, stats, energy transition, covid-19, Ember, solar generation, paris agreement, Dave Jones
2020 Annual Technology Baseline Electricity Data Now Available
Power analysts, modelers, and system organizers, the delay mores than: the U.S. Department of Energy's (DOE's) National Renewable Energy Laboratory (NREL) has actually released the 2020 update to its Annual Technology Baseline (ATB), an essential source of trusted electricity-generation technology expense and also performance information that can sustain and also educate electrical industry analysis in the United States.
Jul 17, 2020 // Market Research, USA, NREL, North America, doe, ATB, Laura Vimmerstedt

banner down content end-->