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Wind, solar overtake EU fossil fuels in 1H24, Ember reports
-Fossil fuels account for 27% of total EU electricity generation in first half of 2024, compared to 33% last year
Western Balkans can leapfrog gas for solar, wind for energy transition: Report
-Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia hold 23 gigawatts of prospective utility-scale solar and wind capacity, according to data from Global Energy Monitor
Türkiye breaks record in daily electricity production from wind on June 29
- Electricity exports amount to 6,981 megawatt-hours and imports total 16,492 megawatt-hours
30.06.2024
Wind
Spot market electricity prices for Sunday, June 30
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 939.8 million Turkish liras
29.06.2024
Electricity
Global offshore wind capacity rises 24% in 2023, second-highest growth in offshore wind history
- By end of 2023, installed capacity in Asia and Europe totals 41 GW and 34 GW, respectively
Alcazar Energy to invest $500M in North Macedonia's wind farm project
Project set to nearly fivefold North Macedonia's current installed wind capacity upon completion
25.06.2024
Renewable
China's installed electricity capacity triples since 2011
- Installed capacity exceeds 3,000 gigawatts at end of April
27.05.2024
Electricity
Türkiye's daily power consumption down 2.73% on May 11
- Electricity exports amount to 5,271 megawatt-hours and imports total 16,677 megawatt-hours
Italy approves decree banning installation of solar panels on agricultural land
Ban on solar panels to only apply to productive agricultural land as quarries will still be allowed for energy production use, says Italian agriculture minister
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Spot market natural gas prices for Friday, April 26
- 1,000 cubic meters of natural gas on spot market costs 10,160.41 Turkish liras
27.04.2024
Natural Gas
Türkiye's daily power consumption down 1.8% on April 26
- Electricity exports amount to 7,831 megawatt-hours and imports total 4,709 megawatt-hours
Denmark announces biggest offshore wind tender in its history
New offshore wind tender mandates minimum of 6 GW capacity although developers are free to exceed this limit, potentially reaching 10 GW
22.04.2024
Wind
Türkiye's daily power consumption down 10% on April 21
- Electricity exports amount to 5,024 megawatt-hours and imports total 4,528 megawatt-hours
22.04.2024
Electricity
Major global utilities agree to more than double clean energy capacity by 2030
- Utilities for Net Zero Alliance members announce action plan at IRENA Assembly, focusing on increasing speed of grid investment and development
Türkiye breaks record in daily electricity production from renewables on April 12
Turkish energy minister says Türkiye to 'commission 3.5 GW solar and 1.5 GW of wind power plants every year for next 12 years'
Renewables generate majority of power during Ramadan Eid in Türkiye
- Share of renewables out of total electricity production during Eid recorded as 76% on average
EU launches 2 investigations on foreign subsidies in solar industry
‘Two new in-depth investigations on foreign subsidies in solar panel sector aim to preserve Europe’s economic security and competitiveness’ says EU Commissioner for Internal Market
World Bank launches $2B renewable initiative in Europe and Central Asia
- First phase of initiative will support Türkiye in increasing renewable energy capacity
02.04.2024
General
Spot market electricity prices for Wednesday, March 27
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.48 billion Turkish liras
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Brussels welcomes first-ever nuclear energy meeting with global leaders
Nuclear is not 'against' renewables, says Belgian Premier De Croo
21.03.2024
Nuclear
Spanish-German multinational Nordex Group to invest €1 bln in Türkiye's wind energy sector
- Majority of €700 million worth of wind energy equipment produced in Türkiye last year exported to Europe, says Nordex Group CEO
21.03.2024
Wind
TotalEnergies surpasses 1.5 gigawatts of renewable power purchase agreements
- Company's 1.1 gigawatts (GW) of installed solar power is already in operation, producing 1.5 terawatt-hours (TWh) of electricity a year
18.03.2024
Renewable
Europe sees 6% annual shortfall in wind capacity additions in 2023
Europe now has 238 GW onshore and 34 GW offshore of installed wind power capacity
28.02.2024
Wind
Danish energy group Orsted signs MoU for offshore wind with South Korean city
Massive 1.6 GW offshore wind farm has potential to provide renewable energy to over 1 million Korean households and reduce carbon emissions by around 4 million tonnes annually
22.02.2024
Wind
Asia Pacific could be global leader in energy transition: Wood Mac.
- Nearly 50% of world’s low-carbon technology opportunities will be in Asia Pacific by 2050
German RWE and Greek PPC agree to build solar project in Greece
Construction is set to start in coming months with commissioning expected by end of next year, says RWE
08.02.2024
Solar
Statkraft launches company’s largest wind farm outside Europe in Brazil
- Ventos de Santa Eugenia wind complex adds 519 megawatts to Statkraft’s capacity in Brazil
Danish Vestas reports 6.2% revenue increase in 2023 thanks to higher market pricing
- Continued geopolitical volatility as well as slow permitting and insufficient grid build-out across markets are expected to cause uncertainty in 2024, says Vestas CEO
Offshore wind farm giant Orsted exits markets in Norway, Spain and Portugal
Exiting several offshore markets, Orsted says it will refocus activities in US
07.02.2024
Wind