JinkoSolar Holding Co., Ltd. has announced that it has supplied solar PV modules to CSEM-uae, an independent, non-profit Swiss-UAE joint venture company for applied research. The modules will be used for CSEM’s Solar Outdoor Laboratory, an R&D and innovation center for renewable energy in Ras al-Khaimah, UAE. Located in the northern Emirate of Ras al-Khaimah and built to develop and test competitive solar energy solutions for the Cooperation Council for the Arab States of the Gulf market, the project has been operating since September, 2013.- Lignol Energy Corporation has announced the signing of a formal Memorandum of Understanding between Milio International and LEC’s subsidiary, Territory Biofuels Limited, for the development of a joint venture. Under the terms of the planned JV, it is anticipated that Milio will fund up to 120,000 tons of feedstock per year as well as facilitate the marketing and sales of the production from TBF’s 140 million litre per year biodiesel plant located in Darwin, Australia. At full production capacity this funding is expected to provide working capital funding of approximately US$25 million.
- FirstEnergy Corp. has completed the sale of 11 hydroelectric power stations to Harbor Hydro Holdings, LLC, a subsidiary of LS Power Equity Partners II, LP, for approximately $395 million. The two companies originally announced the sales agreement in September 2013.
- Results of a third-party peer-reviewed life cycle assessment (LCA), Greenhouse Gas and Energy Life Cycle Assessment of Pine Chemicals Derived from Crude Tall Oil and Their Substitutes, found that diverting Crude Tall Oil (CTO) into biofuel production in Europe will not have a significant effect in either reducing carbon emissions nor fossil fuel consumption. CTO is a sustainable raw material that has been used in biorefining to produce pine chemicals for decades.
