- In a joint venture, Kyocera Corporation and Century Tokyo Leasing Corporation have announced that Kyocera TCL Solar LLC has started construction of the world’s largest 13.7 MW floating solar power plant on the Yamakura Dam reservoir, managed by the Public Enterprises Agency of Chiba Prefecture in Japan for industrial water services. Scheduled for launch in FY2018, the plant will be comprised of approximately 51,000 Kyocera modules installed over a fresh water surface area of 180,000m2 The project will generate an estimated 16,170 MWh per year.
- Visiongain has calculated that the global offshore wind market will see capital expenditure (CAPEX) of $21,610m in 2016, including spending on turbines, foundations and installation services. This report addresses the development of the global offshore wind market, analysing the prospects for the three submarkets and ten key national markets. It focuses on CAPEX for the EPC of projects for 2016-2026, and also includes offshore wind capacity forecasts for this period.
- ComEd received a $4 million award from the U.S. Department of Energy SunShot Initiative to design and deploy solar and battery storage technology within its planned microgrid demonstration project in Chicago’s Bronzeville neighborhood. This award will enable the most sophisticated solar project in the Midwest, while also helping ComEd and the communities we serve learn more about important technologies that will make for a more secure and green energy future.
- During the 35th Energy Efficiency Forum in Istanbul the European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) announced they are initiating a program to fund exploratory drilling investments in order to tap into Turkey’s large geothermal resources. The new $125 million aptly-named PLUTO initiative will provide funds and advice to private developers in order to lower the risks associated with the initial stages of geothermal projects, according to EBRD.