The global wave and tidal energy market was worth US$25 million in 2013. It is expected to grow at a CAGR of 64.1% from 2014 to 2020, eventually reaching a value of US$10.1 billion in 2020. A new research report released by Transparency Market Research, titled “Wave and Tidal Energy Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020,“ makes this prediction for the global wave and tidal energy market based on comprehensive primary and secondary research.- The 31st European Photovoltaic Solar Energy Conference and Exhibition (EU PVSEC 2015) will take place from September 14-18, 2015 at the Congress Centre in Hamburg, Germany. The event will cover the entire PV value chain including market challenges and opportunities. The event is jointly organized by EC-JRC, ENEA, ETA-Florence and the EU PV Technology Platform as well as IRENA, and will offer a deep insight into specific topics along the most recent technology, market and business trends.
- The Clean Power Plan (CPP) will have a negative impact on the country’s coal industry, with the potential loss of up to 60 Gigawatts (GW) of coal power capacity by 2020, according to an analyst with research and consulting firm GlobalData. Pavan Vyakaranam, Associate Project Manager covering Power, says that of the 326 GW of current coal power capacity in the country, around 20 GW is expected to retire in the next five years and a further 30-40 GW will find it difficult to meet the emission standards set by the U.S. Environmental Protection Agency (EPA).
- Boralex Inc. has closed financing totalling $64.4 million for the Côte-de-Beaupré community wind farm in partnership with the Côte-de-Beaupré Regional County Municipality. The Côte-de-Beaupré wind farm, covered by a 20-year power purchase agreement with Hydro-Québec, is a community wind power project under a partnership between the Côte-de-Beaupré RCM (49%) and Boralex (51%). Ten Enercon E-92 wind turbines are being installed on the private lands of the Seigneurie de Beaupré and commissioning is expected in December 2015.
