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Global Solar Installations Almost Double in 2023 But Leaves Emerging Economies in the Dark
2023’s new solar installations would cover more than half of India’s annual electricity needs or more than Brazil’s entire consumption. Compared to Europe, the annual installations would exceed the total yearly electricity consumption of Sweden, Netherlands, Belgium, Finland, Czechia, Austria,…
French Auction Results are not the new Benchmark for Floating Wind in Europe
Last month France published the results of its 250 MW floating offshore wind auction off South Brittany (AO5). The winning bid was awarded at 86 euros /MWh – a record-low for floating offshore wind. But Governments must not think this…
Algae Offer Great Potential for Energy Production
The idea that algae can be used for the production of green energy is not new, and numerous universities have presented their concepts of facilities that generate electricity using these organisms. Among them are researchers from Concordia University in Canada,…
Can Floating Solar Power Plants Cover the Entire Energy Consumption of a Country?
Certain countries have huge potential when it comes to floating solar power plants, and new research shows that some of them could be entirely dependent on this energy source. Researchers from Bangor and Lancaster Universities and the UK’s Centre for…
New Analysis Reveals European Solar Battery Storage Market Increased by 94 per cent in 2023
Latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS); a 94 per cent increase compared to 2022. This marks the third consecutive year of doubling the annual market. By…
Investment in Clean Energy This Year is Set to be Twice the Amount Going to Fossil Fuels
Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for clean technologies, according to a new IEA report.…
STOP SHOP in Zaječar to Have a New Solar Power Plant
The CPI Property Group announced that the implementation of the new solar power plant project in Zaječar is underway. Many years of experience and numerous successful projects implemented by MT-KOMEX’s team of professionals have ensured that this company is recognized…