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Energy Storage Project
Curtailment, Greece Needs 7 GW of Energy Storage by 2030 to Avoid Photovoltaic Cuts
Up to 20% of renewable electricity production is expected to be curtailed by 2030 in Greece if no new investments are made in energy storage.Greece is faced wit…
Offshore Wind Power
US Wind Power Falls to 33-Month Low, Generators Burn More Natgas
The amount of electricity produced by wind farms in the U.S. fell to a 33-month low on Monday, forcing power generators to crank up natural-gas fired plants to …
Hydropower Plant
Hive Digital Plans 100MW Bitcoin Mining Center Using Hydropower
Image credit: Itaipu BinacionalHIVE Digital Technologies Ltd., a digital asset miner and data center builder and operator, will construct a 100MW digital asset …
Solar Power Plant
Nepal Launches Tender for Grid-Connected Solar Projects
Image: Samrat Khadka, UnsplashThe electricity regulator in Nepal has kicked off a tender for the design, supply and construction of three-grid-connected PV syst…
Electricity Transmission
European Electricity Prices Continue Upward Trajectory
Image: AleaSoft Energy ForecastingElectricity prices increased in all major European markets in the third week of July, according to AleaSoft Energy Forecasting…
Renewable Energy
Acciona Energía Signs PPA With Iberostar Group for the Supply of Renewable Electricity in Spain
ACCIONA Energía announced today a new power purchase agreement (PPA) to supply 80GWh/year of 100% renewable electricity to Iberostar Group for 11 years. …
Hydrogen Project
First Hydrogen Power Plant in the EU Headed to UK Refinery
The plant is owned by Stanlow and will run on blue H2 once it is in productionStanlow has announced that among the initiatives it has taken on for decarbonizati…
Renewable Energy
Portugal Plans to Raise Share of Renewables in Electricity Consumption to 93% by 2030
Plants grow between solar panels in Sabugal, Portugal, January 12, 2023. REUTERS/Pedro Nunes/File photo Purchase Licensing RightsPortugal plans to raise the con…
Electricity Transmission
Delayed Closure of Eraring Forecast to Cut NSW Power Prices by 40%
New power price forecasts suggest pushing back the closure date of Eraring power station from 2025 to 2027 will cut NSW power prices by 44%, dropping from a pre…
Solar Power Plant
World’s First Dual-Tower Concentrated Solar Power Plant Boosts Efficiency by 24%
Two 650-foot-tall (200-m) towers have risen in China’s Gansu Province. Combined with an array of 30,000 mirrors arranged in concentric circles, the new fa…
Energy Storage Project
Greece Readies for Next Battery Storage Growth Phase
Last year, Greece generated 57% of its electricity demand via renewable energies. This year the country is expected to score an even higher percentage of renewa…
HVDC
NKT to Initiate Work on Two HVDC Transmission Projects in Scotland
The schemes will deliver major upgrades to the electricity transmission network in the north of Scotland. Credit: © NKT A/S.SSEN Transmission has announced…
Hydropower Plant
Development Banks Seek to Revive World’s Biggest Power Project
Grand Inga hydropower project. Image from WikimediaFive development finance institutions have banded together to find a way to develop the world’s biggest…
Russian Federation
Russia’s Interrao Says Siberian Power Plant Unit Shutdowns Are Not an Emergency
The owner of the Gusinoozyorskaya power plant in Russia's eastern Siberia on Tuesday denied reports that one of its units had been shut down in an emergency…
Electricity Trade
J-Power’s $258 Mln Bid for Genex Power Passes on Proxy Votes, Genex Says
Japan's Electric Power Development's (J-Power) (9513.T), opens new tab A$381 million ($257.56 million) buyout of Australia's Genex Power (GNX.AX), o…
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