New York University Polytechnic School of Engineering has announced that two companies affiliated with its incubators will participate in Reforming the Energy Vision (REV) demonstration projects: Smarter Grid Solutions and Sealed Inc. Both companies are affiliated with the New York City Accelerator for a Clean and Resiliency Economy (NYC ACRE), located within the Urban Future Lab. Projects by Smarter Grid Solutions and Sealed will show how technologies and new business models can capitalize on various value streams and how the benefits can be distributed among the utility, third parties and customers.- Clean energy investment worldwide was $53bn in the second quarter of 2015, just 3% less than a revised $54.4bn in Q1 2015 but down 28% compared to the $73.6bn recorded in Q2 2014 according to data from Bloomberg New Energy Finance. Global investment this year is facing headwinds from the financial markets, with the sharp rise in the US currency over the last 12 months reducing the dollar value of deals struck in other countries; and volatility in share prices, particularly in China, holding back equity-raising by specialist clean energy companies from both public market investors and venture capital and private equity funds.
- Yingli Solar has announced that it is supplying 240 MW of solar panels for Latin America’s two largest hybrid solar photovoltaic (PV) and concentrated solar power (CSP) power plants. Both projects, located in northern Chile, will also be equipped with 110 MW of CSP and 17.5 hours of thermal storage each. Yingli is providing over 780,000 multicrystalline utility-scale YGE 72 Cell solar panels to the projects, which be installed in two phases. The first phase of panel deliveries was recently completed, and the second phase will start in August. The first power plant is expected to be operational by mid-2016.
- Solarrus Corporation and meteocontrol, two energy service providers for the solar PV industry, have announced that they formed a partnership to jointly develop a new operations platform to promote and deliver their respective services. By partnering with Solarrus, meteocontrol will now have the capability to offer North America customers the commissioning, corrective repair, and maintenance capabilities on sites that have meteocontrol hardware. Furthermore, the partnership will also be able to expand meteocontrol’s capabilities to also monitor the key performance indicators for electric vehicle charging stations and battery energy storage systems.
