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.
by Milena Giorgi | Oct 18, 2024
The latest SotySolar report reveals that solar self-consumption faces economic, bureaucratic, and perception barriers. In an interview with *Energía Estratégica España*, Montserrat Lavilla stated that despite incentives and long-term savings, it is necessary to simplify processes and raise awareness.
by Lucia Colaluce | Oct 18, 2024
Kornel Koronowski, Head of Origination Poland at Statkraft, highlights how the demand for sustainable energy solutions is driving significant PPAs. Additionally, according to the Pexapark report, PPA prices in Poland dropped by 0.2%, reflecting growing competition in the sector.
by Lucia Colaluce | Oct 18, 2024
The North Sea stands as a strategic pillar for energy collaboration between the UK and the EU, driving the expansion of offshore wind energy. However, the success of this partnership will depend on the ability to overcome technical and financial challenges, ensuring a sustainable energy future for Europe.
by Milena Giorgi | Oct 18, 2024
Next week, this regulation will be approved, benefiting local sectors such as wood and ceramics, while judicial challenges regarding wind power development continue.
October 22, 2024Global Competitiveness of Renewable LCOE Continues to Accelerate
