by Energía Estratégica | Oct 22, 2024
For solar photovoltaic energy, the LCOE of fixed-axis systems averages $66/MWh globally, with a wide range from $28/MWh to $117/MWh, reflecting the influence of geography, technological advancements, and regional market conditions. Single-axis tracking photovoltaic systems perform slightly better, with an average of $60/MWh and a range from $31/MWh to $103/MWh, reinforcing their growing role in utility-scale projects.
by Milena Giorgi | Oct 21, 2024
The offshore wind auction in Spain has been delayed until 2025, raising concerns within the sector. Experts warn of the urgent need to train specialized professionals to meet the anticipated growth and technological demands of this key industry.
by Emilia Lardizabal | Oct 21, 2024
HELAPCO, the Hellenic Association of Photovoltaic Companies, states that curtailments are expected to reach 1 TWh in 2024, representing 3.5% of total renewable energy production. They emphasize that between 7.5 GW and 8 GW of storage capacity is needed to address this issue. Additionally, they project surpassing the 2030 photovoltaic target of 13.5 GW and reaching 20 GW of installed capacity.
by Milena Giorgi | Oct 21, 2024
With 483.2 MW signed in September 2024, primarily driven by corporates and a growing interest from the pharmaceutical industry, a 16% decrease in solar PPA prices and stability in wind contracts stand out.
by Milena Giorgi | Oct 21, 2024
This system enables remote monitoring, management, and optimization of photovoltaic installations, with advanced security and automatic firmware updates.
by Energía Estratégica | Oct 21, 2024
Following the inclusion of the project in the MAPs in April, Red Eléctrica initiated its processing and has since undertaken significant efforts, now enabling the imminent commencement of construction.
October 22, 2024Global Competitiveness of Renewable LCOE Continues to Accelerate
