Martifer Solar will begin construction of a 57 MWp portfolio of solar PV projects in Jordan. The portfolio consists of four projects, which were awarded successfully with Power Purchase Agreements under Round 1 of Jordan’s National Renewable Energy Plan. Of the 57 MWp portfolio, there are three projects each with an individual capacity of 11 MWp, located near the city of Ma’an in south-central Jordan—Al Ward Al Joury, Al Zahrat Al Salam and Al Zanbaq. In addition, there is one project, Jordan Solar One, with a capacity of 24 MWp, to be constructed near the northern town of Mafraq.
While the UK government’s recent decision to remove renewable energy sources from Climate Change Levy (CCL) exemption will generate around £490 million by 2016 and up to £1 billion per year by 2020, the policy will have a negative impact on the country’s renewable sector, says an analyst with research and consulting firm GlobalData. According to Prasad Tanikella, GlobalData’s Senior Analyst covering Power, the renewable energy sector may suffer in the next few years, but decreasing costs will mean that it will continue to grow in the long term.
A new report from Navigant Research analyzes the market for natural gas refueling infrastructure and the factors expected to influence its deployment, including global market forecasts segmented by fuel type, station type, and region, through 2025. The total number of global natural gas refueling stations is expected to grow from 23,001 in 2015 to 38,887 in 2025.
The opportunities for institutional investors to invest in hydropower may increase as the limited secondary market in existing hydro plants begins to open up, according to a new paper published by Aquila Capital, one of Europe’s leading independent alternative asset managers. “Real Assets – Hydropower Investments,” explains how hydro plants are beginning to be sold as energy suppliers offset losses in other sectors. Hydropower also provides the strongest diversification in renewables portfolios, the report says.
The National Rural Electric Cooperative Association (NRECA) released a new economic study detailing a devastating relationship between higher electricity prices and job losses. The study, Affordable Electricity: Rural America’s Economic Lifeline, measures the impact of a 10 and 25 percent electricity price increase on jobs and gross domestic product (GDP) from 2020 to 2040. According to the study, a 10 percent increase in electricity prices results in 1.2 million jobs lost in 2021. Nearly 500,000 of those lost jobs are in rural areas of the country, and even 20 years later, the economy fails to fully recover. The impact of a 25 percent increase would be more damaging with 2.2 million jobs lost in 2021, with more than 890,000 of those occurring in rural areas.
The Nebraska Ethanol Board will be part of the new “Farm to Fork” interactive activity located in the multi-purpose arena kid’s zone from 10 a.m. to 4 p.m. CT during the Lancaster County Super Fair Agriculture Awareness Day Saturday, Aug. 1, 2015. Several commodity boards and farm-related sponsors will exhibit giveaways and activities for children.
SunPower has announced that it has acquired 1.5 GW of U.S. solar power plant development assets from Australia-based Infigen Energy. With the acquisition, SunPower has assumed ownership of projects in varying stages of development across 11 states. Included in the development portfolio are three projects totaling 55 megawatts (AC) with power purchase agreements with Southern California Edison. All three are located in Kern County, California with commercial operation anticipated in 2016.
IEEE Smart Village, a global humanitarian program helping remote, energy-deprived communities build toward sustainability with renewable energy and technology, today launched its new website (www.ieee-smart-village.org) to the world and to crowds assembling this week in Denver at the annual IEEE Power & Energy Society (PES) General Meeting (GM). It also unveiled the new IEEE Global Classroom at the Posner Center for International development.
New analysis from Frost & Sullivan, “Tidal Energy: Current Status and Future Outlook,” finds that the United Kingdom is the frontrunner in the development of newer tidal energy solutions buoyed by an ideal tidal pattern and a supportive regulatory scenario. Canada, China and South Korea are also showing steady progress. The United States is one of the top innovators.
Global Solar Tracker Market size is expected to reach 25.86 GW by 2022, according to a new study by Grand View Research, Inc. Increasing focus on renewable energy coupled with growing demand for solar PV and CSP systems is expected to augment demand for trackers. In addition, rising awareness regarding energy conservation and transition from traditional to renewable sources is expected to be a key driver for solar trackers market.
SkyPower has signed a landmark agreement with the Kenyan Ministry of Energy and Petroleum for the development of 1 GW of solar projects to be built in four phases in Kenya over the next five years. The monumental US $2.2 billion agreement was signed in Nairobi, Kenya at the sixth annual Global Entrepreneurship Summit (GES). Initiated by the U.S. government in 2010, the conference gathers entrepreneurs at all stages of business development, business leaders, mentors and high-level government officials to help increase support for innovators and job creators around the world.
Solar3D, Inc. has announced that its MD Energy subsidiary has been awarded a $10 million, 2- megawatt solar project with the Fresno/Clovis Wastewater Reclamation Facility, subject to approval by the city council. A city council meeting to approve the award is set for next Thursday, July 30, 2015.
Suntech has recently supplied 9.3 MW to a solar power plant in India that is expected to generate 13,000 MWh of electricity per year and power approximately 32,000 households in Mundra, Gujarat, India. Suntech supplied a total of 36,470 modules to the power plant that has been developed by Adani Power Ltd., one of the largest private power producers in India. The project is completed and fully connected to the grid.
Solar Power, Inc. has announced that its wholly-owned subsidiary, SPI China (HK) Limited, has closed a transaction to sell the entire issued share capital of Solar Park Developments 4 Ltd (“Gelliwern Farm”), which holds a solar project in the United Kingdom with a rated capacity of approximately MW to a fund managed by BlackRock, Inc.
If Alabama Power’s recent proposal to install up to 500 MW of renewable generation, including solar, is approved by the Alabama Public Service Commission (PSC) the state would finally get to enjoy the economic and environmental benefits so much of the country is already reaping. “Approving this proposal is a no-brainer,” said Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA) in support of passage of the proposal.
Rapidly increasing solid wastes and the acute shortage of landfills are pushing countries in Southeast Asia to adopt sound waste management practices. Governments are also looking to leverage indigenous resources in order to meet renewable energy targets and become energy independent. As a result, investments in the Southeast Asian biomass and waste to power market are on the rise. New analysis from Frost & Sullivan, “Strategic Analysis of Biomass and Waste to Power Market in Southeast Asia,” finds that the market earned revenues of US$1.12 billion in 2014 and estimates this to reach US$1.85 billion in 2019. The study focuses on wood chips, empty fruit bunch, bagasse, municipal solid waste, and rice husk.
SunEdison, Inc. has announced that Pashupathy Gopalan, SunEdison’s president of Asia-Pacific and Sub-Saharan Africa, was awarded the Solar Power Person of the Year during the Renewable World International Convention in Delhi, India. The award recognizes Mr. Gopalan and SunEdison’s work in setting the pace and scale of the solar industry in India over the last year.
Ravi Kailas, Chairman & CEO, Mytrah Energy, has been awarded the ‘Wind Power Person of the year 2015′ at the 3rd World Renewable Energy Conference, which was held in New Delhi. This award was conferred on him by the Renewable Energy Expert Committee, which is headed by Dr. Praveen Saxena, Former Advisor, Ministry of New & Renewable Energy, Government of India.
NorthWestern Corporation d/b/a NorthWestern Energy has entered into an agreement to purchase the recently constructed 80-megawatt Beethoven wind qualifying facility (QF) project located near Tripp, South Dakota. The $143 million purchase of the facility from BayWa r.e. Wind LLC includes 43 turbines and the rights to a 50MW expansion site adjacent to the existing facility. The project was completed in May 2015.
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%.
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.
Renewable Edge has reached a milestone by installing its 1000th Integrated Wireless Solar Payphone Power Supply System Kit to New York City payphones. The patent pending technology replaces the utility grid power connection previously needed to operate New York City payphones with a solar powered battery system powering wireless routers that communicate with existing cell towers. The Solar Kit system turns the payphones into coin operated cell phones without any dependence on utility power lines.
MMA Energy Capital has entered into a joint venture with affiliates of Fundamental Advisors, LP, a leading alternative asset manager, that will provide capital for the development and construction of solar power projects located throughout the United States. The joint venture will operate under the name Solar Construction Lending, LLC and will be administered by MMA Energy Capital.
DEINOVE has unveiled a bio-based muconic acid production program. This promising proof of concept has been completed for the effective production of muconic acid by Deinococcus bacteria from a variety of renewable sugar sources. The market size and their growth outlook, combined with an unmet demand for bio-based solutions, have led Deinove to structure and initiate a specific R&D program focused on this versatile molecule with a large number of applications, notably in plastics, textile fibers and food.
With a growing need to design and implement effective O&M strategies across Europe’s offshore wind projects Wind Energy Update spoke with 235 of Europe’s leading O&M executives to find out exactly what’s going on in the world of offshore wind O&M. The results provide you with the following: Where farm owners are allocating budget or procuring new suppliers for a view of new business opportunities; How much time farm owners are allocating to different industry challenges for an understanding of where your services could be used; A view of how farm owners are trying to get greater transparency from their OEMs and where the OEMs are spending their budgets when in charge for a fuller understanding of daily O&M activities; and Which O&M model owners will use once their current contract comes to an end.
Abengoa has announced that it has closed, together with its partner the Israeli global infrastructure group Shikun & Binui, the non-recourse project financing for Ashalim. The total investment of the project will be approximately USD 1 billion. The 110 MW Solar Thermal Electricity (STE) plant Ashalim will be able to store energy in order to produce electricity whenever required after sunset. It will be the largest solar plant in Israel and it will feature parabolic trough technology with a 4.5 hour thermal energy storage system using molten salts.
TerraForm Global Operating, LLC, intends to offer, in a private transaction, up to $800 million aggregate principal amount of senior notes due 2022. The offering is subject to market conditions and other factors. TeraForm intends to use the net proceeds of the offering, in whole or in part, to fund renewable energy projects that includes the financing or refinancing of, or investments in, equipment and systems which generate or facilitate the generation of energy from renewable sources, such as solar, wind and hydroelectric energy.
SunEdison will acquire Vivint Solar for approximately $2.2 billion. In connection with SunEdison’s proposed acquisition of Vivint Solar, SunEdison has entered into a definitive purchase agreement with a subsidiary of TerraForm Power which, concurrently with the completion of SunEdison’s acquisition of Vivint Solar, will acquire Vivint Solar’s rooftop solar portfolio, consisting of 523 MW expected to be installed by year-end 2015, for $922 million in cash.
Nor-Cal Controls is releasing a new product which will increase efficiency and reduce costs to wind project owners and operators. The “WindTalker-1000” is an innovative smart relay device designed to allow any existing sensor to integrate seamlessly into an existing wind turbine control platform, no matter the age, type or communication characteristics of the Programmable Logic Controller (PLC). Nor-Cal Controls partnered with Lufft, manufacturer of the VENTUS ultrasonic wind sensor, to provide a state of the art, turnkey wind sensor replacement solution resistant to the elements as well as time.
The total onshore wind installed capacity in Serbia will rise from 102.5 MW in 2015 to an estimated 522 MW by 2025, boosted by several new projects and the government’s new Energy Law, which came into effect in January 2015, says research and consulting firm GlobalData. “Serbia Wind Market: Unblocking Opportunities in the Electricity Generation Mix,” states that while this increase will occur at an impressive Compound Annual Growth Rate (CAGR) of 48%, Serbia will reach approximately 250 MW of onshore installed capacity by 2020: only half of its 500 MW capacity cap for wind energy by that year.
Trina Solar Limited has announced that it has signed an agreement to supply 51 MW of its Dual Glass Modules to Yunnan Electric Power Design Institute and the EPC provider for the agricultural PV power plant project located in Xishuangbanna, Yunnan province in China. The plant will be used to power equipment in tea plantations, and will be the first of its kind within China. The agricultural PV project has the capacity of 100 MW totally.
The Dutch Postcode Lottery has announced 25 nominees for its ninth annual Postcode Lottery Green Challenge, the sustainable business plan competition that aims to promote a low carbon economy and a greener environment. This year’s challenge attracted 271 sustainability-focused entrants from 56 countries, with the selected nominees from England, Germany, Kenya, Netherlands, Nigeria, Spain, South Africa, Switzerland, Sweden, and the United States.
The Biotechnology Industry Organization (BIO) has announced six new members of its Industrial & Environmental Section Governing Board. The board members represent cellulosic biofuel producers, renewable chemical developers, and global branded product manufacturers. The new governing board members include: Chairman Christopher Standlee, Executive Vice President, Global Affairs, Abengoa Bioenergy; Vice Chairman Dan Cummings, President, Poet-DSM Advanced Biofuels; Michael Knutzen, Global Procurement Director PET and PlantBottle, The Coca-Cola Company; Tjerk de Ruiter, CEO, Corbion; Eli Ben-Shoshan, Director Strategy M&A Business Development, DuPont Industrial Biosciences; and Neil Goldsmith, CEO, Evolva.
Consolidated Edison Development has completed an agreement with Campbell County Wind Farm Holdings to acquire, construct and operate a wind power project on property owned by a group of local farmers in Pollock, South Dakota. The 95 MW wind farm, currently under construction, consists of 55 1.7MW GE wind turbines. The project, which will generate approximately 400,000 MWh of power annually, is scheduled to be operational by the end of this year.
Eight utility-scale solar farms are being added to North Carolina’s energy mix. The portfolio totaling 67.3MW equals a reduction of carbon emissions for 7,946,325 million gallons of gasoline consumed. It brings the total North Carolina solar projects to 103.5MW for the partnership between Sol Systems, National Cooperative Bank, and Strata Solar.
Methes Energies International Ltd. has announced that it has closed on a $1.25M registered direct placement with a small group of institutional investors. Chardan Capital Markets, LLC, acted as the sole placement agent for the transaction. The funds will be used to start up production of Epoxidized Soybean Oil and Natural Polyol.