SolarQuarter Global’s Post

We are so honored to nominate GreenGo Energy Group as "Renewable Energy Contribution Enterprise" at 2nd Solar Energy Storage Future Germany 2024. 🎉 Huge congratulations! Date: 18th June Site: Hilton Munich Park, Germany https://lnkd.in/gYPVc7fU GreenGo Energy has more than 27 GW projects in development or construction within solar, wind, BESS and PtX, through their Megaton™ Energy Park pipeline. More than 5 GW have been contracted through partnership framework agreements with Tier-1 investors from the global renewable energy sector. Based on the highly scalable business platform, the ambition is to establish a project portfolio of over 100 GW within green electricity and green molecules by 2028, expanding in existing and by entering new accelerating energy transition markets globally. This enables GreenGo Energy to profoundly impact and contribute to the NetZero agenda, their core purpose. Through their scalable platform, they target to cut at least 50,000 tons of CO2 per employee every year when projects become operational. Presently, they are well on target. When commissioned, their current 27 GW project pipeline will generate more than 50 TWh (terawatt hours) each year as green electricity or green molecules, corresponding to annual CO2 savings of 15 million tons.

🔋Jazmin Hernandez from AllesSolar highlights the crucial role of #BatteryStorage in optimizing supply mix for both on-grid and off-grid systems. By incorporating advanced #StorageSolutions, we can significantly reduce the risk of blackouts and improve overall energy quality. Battery storage not only supports renewable energy integration but also ensures a more stable and reliable power supply, essential for modern energy infrastructure.🔹 👉 Read more: Dive into the full article on Mexico Business News and explore other insightful stories related to the energy industry! #EnergyReliability #BatteryStorage #RenewableEnergy #Sustainability #EnergyInfrastructure #OnGrid #OffGrid #AllesSolar #MexicoBusinessNews #MBPV https://lnkd.in/eTsQ6HfT

A2A Group and Enfinity Global Inc. Sign New 10-Year Solar Energy PPAs in Italy A2A Group, one of Italy’s leading energy transition companies, and Enfinity Global Inc., a prominent player in renewable energy, have announced the signing of new 10-year Power Purchase Agreements (PPAs) in Italy. These agreements cover 134 MW of solar energy. The electricity generated will meet the annual consumption needs of approximately 86,000 Italian homes and will help avoid over 104,000 tons of CO2 emissions each year. This clean energy will be produced by six of Enfinity’s solar power plants located in the Lazio and Emilia Romagna regions. Lorenzo Spadoni, Head of Generation and Trading at A2A, expressed enthusiasm about the […] Read the full story here: https://lnkd.in/dcCsvq_q #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #a2agroup #enfinityglobal #europe #italy #ppa #renewableenergy #solarenergy

#NewsIE | Canadian Solar’s subsidiary and SPIC Brasil announced the inauguration of the 446 MWp / 360 MWac Marangatu Solar Complex in Brasileira. SPIC owns 70% of the project, while Recurrent Energy, as the developer of the project, owns the remaining 30%. Adriana Waltrick, CEO of SPIC Brasil, commented, “It is increasingly urgent that we accelerate the energy transition process by contributing to the Brazilian electric sector and reinforcing our leadership in renewable energy. With our new venture into solar power generation, we aim to continue growing with innovation, sustainability, reliability, and most importantly, competitiveness. Brazil needs abundant, competitive energy, and it is our role to create the conditions for this.”   Ismael Guerrero Arias, CEO of Recurrent Energy, added, “Today marks a significant milestone for SPIC Brasil, Recurrent Energy, and the Brazilian energy sector This inauguration underscores our commitment to expanding renewable energy generation in Brazil, providing clean, sustainable energy solutions for the country. We are proud this project will positively impact the environment, the economy, and the local community. We look forward to further contributing to the development of renewable energy in Brazil and advancing our mission of creating a more sustainable future for all.” https://lnkd.in/dFruZPu8

🔍 Curious about the future of renewable energy? . Read some of our blogs on our website and stay ahead with insights from Windel Energy. 📈 #RenewableEnergy #IndustryTrends #Innovation 👉 Read the blogs: https://zurl.co/il8j

In our 48th webinar, held on October 17 with the participation of speakers from Deloitte, we analysed how the reductions in #battery costs and their #hybridisation with #renewable energies will be fundamental to increase the profitability of renewable energy projects.   In the webinar, an #IRR analysis of batteries in different price spread scenarios was presented, which indicate that batteries, especially in hybrid systems, are starting to become profitable. This opens the door for the next five‑year period to be marked by battery development.   https://lnkd.in/gD7Y9zwz

Opportunities in the Battery Energy Storage Systems (BESS) Market in Europe The transition towards renewable energy in Europe is driving significant demand for Battery Energy Storage Systems (BESS). Here are the key points: Growth of Renewable Energy: Europe is integrating renewable energy sources into its grids to achieve its net zero emissions targets. The EU aims for 42.5% of its energy to come from renewables by 2030. Operational Challenges: The reliance on renewable sources like wind and solar introduces variability, necessitating the use of BESS to ensure a consistent power supply. Utility-Scale Applications: BESS are employed for fast reserve, deferral, re-dispatch, frequency regulation, voltage control, and black start, providing stability and flexibility to the grid. Behind the Meter (BtM) BESS: BtM BESS allow electricity generators and consumers greater control over their energy usage, integrating Virtual Power Plants (VPP) and Distributed Energy Resources (DER). Grid Integration: BESS act as a buffer between generation and consumption, aiding in managing instant supply and reducing costly grid developments. Market Opportunities: As BESS technologies advance and costs decrease, new market opportunities arise. Early engagement in the BESS market can result in attractive business prospects despite the challenges. Evolutionary Path: The BESS market evolves from an early stage with limited infrastructure and regulations to a mature stage with efficient products and established regulatory frameworks. At MegasPower, we specialize in BESS solutions. We have a robust capacity to accelerate the implementation through financing BESS solutions and we customize large-scale batteries for different applications. Integrating BESS in Europe is essential not only for stabilizing the grid amidst the variability of renewable energy but also for opening up crucial investment and technological development opportunities to achieve the region’s energy goals. It is vital for companies and investors to engage in this evolution to ensure a sustainable and efficient energy future. #RenewableEnergy #EnergyStorage #BESS #Sustainability #Innovation #MegasPowee

The energy transition presents complex challenges. One essential factor in overcoming them is the integration of renewable energy sources, such as solar and wind, into existing power grids. Really interesting to read about Zühlke Group's collaborative journey with Solar-Log Deutschland, one of the market-leading providers in independent, qualified monitoring and control of photovoltaic systems (PV systems) to tackle such complex challenges today, setting new benchmarks in the renewable energy sector. #innovation #energy

Renewable energy is on the rise. By 2030, global renewable energy consumption will increase by 60%. This shift has huge implications. ⑴ First, it means more businesses will look for ways to cut their energy costs. High energy bills will push them to find better solutions. This is where renewable energy companies come in. ⑵ Second, renewable energy will become a major player in the energy market. Companies that invest now will reap big rewards later. They will be ahead of the curve, leading the industry. ⑶ Third, this growth opens doors for high-value projects. Large companies with big energy needs will be on the lookout for reliable renewable energy solutions. They will want to partner with experts who can deliver. ⑷ Fourth, the demand for energy storage will skyrocket. As more renewable energy sources come online, storing that energy becomes crucial. Companies that specialize in energy storage will see a boom in business. ⑸ Finally, this increase in renewable energy consumption will drive innovation. New technologies and solutions will emerge, making renewable energy more efficient and accessible. The future is bright for renewable energy companies. The time to act is now. Get ahead of the competition and seize the opportunities that lie ahead.

To the best of my knowledge, this is a first: an energy storage system co-located with a offshore wind park. Solar parks with extra energy storage devices are becoming very popular in areas with a lot of sun and high solar energy penetration (California, Australia). These energy storage devices (usually big batteries) help mitigate the intermittency of renewable energy (solar,wind) and offset energy from times of peak production and low demand to times of peak demand and low production. It also provides an extra source of revenue for energy producers: they can store energy when prices are low and sell it when prices are high (a sort of energy 'arbitrage'). #energystorage #energytransition #energiewende #renewableenergy #solarenergy #windenergy #sgre #siemens #siemensgamesa #siemensenergy #orsted https://lnkd.in/eqf2GChP