The UK will remain the leading offshore wind power market globally by 2025, with its installed capacity increasing from 4.5 Gigawatts (GW) in 2014 to 23.2 GW by the end of the forecast period, representing an impressive Compound Annual Growth Rate (CAGR) of 30.5%, says research and consulting firm GlobalData. The company’s latest report states that the UK accounted for a significant 51.3% share of global offshore capacity in 2014. Denmark and Germany followed, with respective shares of 14.5% and 11.9%.- Samsung Renewable Energy, Connor, Clark & Lunn Infrastructure and Six Nations of the Grand River have announced the completion of construction of the 100 MW Grand Renewable Solar Project, the largest operating solar energy project of its kind in Canada and one of the largest in North America. Construction of the project began in September 2013 and was completed on schedule by a wholly owned subsidiary of Canadian Solar Inc.
- IFC, a member of the World Bank Group, has signed a memorandum of understanding with the Industrial Development Corporation of Zambia to explore development of two 50 MW solar PV independent power projects in Zambia through the Scaling Solar program. The projects would be Zambia’s first utility scale PV projects, providing competitively priced, clean power that would reduce Zambia’s dependence on hydro resources and diversify the country’s energy supply mix.
- Geostellar, an online solar energy marketplace, has announced it has patented an invention for programmatically placing solar panels on rooftops or tracts of land in a 3D virtual world and simulating production over a typical meteorological year based on shading, slope and orientation. The invention forms the basis for Geostellar’s instant Solar Profile, which describes the economic benefits of solar energy for each individual home based on its unique attributes.
