1 March 2017 02:45 PM GMT

Renovate America, a leading U.S. provider of home-improvement financing, announced today that it has closed a $200 million credit facility with Bank of America N.A. to support the continued expansion of the HERO Program, the nation’s largest form of Property Assessed Clean Energy (PACE) financing. Since launching just over five years ago, the HERO program has been used to finance energy and efficiency improvements across 90,000 homes. The credit facility will provide Renovate America with enhanced liquidity and will further diversify the company’s funding profile. It now has five warehouse lenders in aggregate, up from three last year.

February 26th 2017
Manufacturing Of Printable Solar Panels Made Possible By Perovskite Breakthrough

A University of Toronto innovation could make printing solar cells as easy and inexpensive as printing a newspaper. Post-doctoral researcher Hairen Tan of U of T’s Faculty of Applied Science & Engineering and his team have cleared a critical manufacturing hurdle in the development of a relatively new class of solar devices called perovskite solar cells. This alternative solar technology could lead to low-cost, printable solar panels capable of turning nearly any surface into a power generator.
University Professor Ted Sargent, an expert in emerging solar technologies and the Canada Research Chair in Nanotechnology said, “Perovskite solar cells can enable us to use techniques already established in the printing industry to produce solar cells at very low cost.

February 18th 2017
Gamesa Consolidates Indian Industrial Presence With New Manufacturing Facility

Gamesa has inaugurated its new factory in the Nellore region, in the state of Andhra Pradesh, one of the country’s fastest-growing wind power producing regions. Construction of this manufacturing facility, one of the company’s largest in India, is framed by Gamesa’s growth plans, which contemplate capex of more than €100 million through 2017 to reinforce its manufacturing presence in this market.

February 15th 2017
HERO Program Launching for 240,000 More Homes in 28 More California Communities

88,100 California households have already utilised $2.1 billion in HERO financing for energy efficiency, water conservation and clean energy upgrades. Now, more than 240,000 homeowners in 28 more California communities who want to go solar, or make efficiency-related repairs and upgrades can finance 100% of their home projects through the HERO Property Assessed Clean Energy (PACE) Program. Through HERO financing, homeowners can pay for projects with an additional line item on their property taxes. As a result, HERO financing payments may have tax benefits, and many homeowners see immediate savings on their utility bills by investing in efficiency upgrades.

February 3rd 2017
Adani Commissions India’s Largest Solar Power Plant In Record Time Of 150 Days

India’s leading integrated infrastructure conglomerate, the Adani Group has commissioned the country’s largest solar power plant in Kutch district, Gujarat. The current capacity of the plant is 40MW, with plans to expand this to 100 MW. It’s India’s largest solar power plant, and commissioned for a record time of 150 days – from foundation stone laying to electricity generation. The plant has over 400,000 solar PV modules mounted on 21,600 structures, which are erected on 130,000 foundations. The project was awarded under Gujarat Solar Power Policy of 2009.

 
January 24th 2017
Pingdu Begins Operation. EfW: Annual 70,000 MW/h From 600 Tonnes Of Daily Waste

China Everbright has announced that the Group’s Pingdu Waste-to-energy Project Phase I in Shandong Province has completed construction and commenced operation. It commenced construction in December 2015 and passed the “72 +24” hours trial run on 4 January 2017. The project has a designed daily household waste processing capacity of 600 tonnes and is expected to generate approximately 70,000,000 kWh of green electricity annually. Gas emissions fully comply with the Euro 2010 Standard.

January 19th 2017
Chile Marches On: Santiago Solar Awards Elecnor $117m Solar PV Plant Contract

Elecnor is to strengthen its Solar PV position in Chile. It has won the USD 117.2 million (equivalent to approximately EUR 110.8 million) contract to build a solar PV plant in Chile. The facility, with a capacity of 115 MWp, will be in the municipality of Til Til, to the north of Santiago, in the Metropolitan Region. The contract was awarded by Santiago Solar, whose shareholders are Andes Mining & Energy and EDF Energies Nouvelles, and encompasses the engineering, supply, assembly and start-up of the plant and the high-voltage evacuation infrastructure via a GIS substation connected with a high-voltage line. The project will be financed by a syndicate of banks headed by Crédit Agricole in New York.

January 16th 2017
Enel Signs $115m USD Loan Agreement To Promote Renewable Investments In Brazil

The Enel Group and the Brazilian Development Bank, the main financing agency for development in Brazil, have signed a 20-year term loan agreement worth around $115m USD to promote renewable investments. The funding will also cover part of the investment required to build the recently inaugurated 102 MW Apiacas hydropower cluster, located in the state of Mato Grosso in Brazil’s Central-West Region. “We’re extremely pleased with the outcome of this transaction, which is a testament to the solidity of our Brazilian business,” said Francesco Venturini, Enel’s Head of Global Renewable Energies.

January 11th 2017
New Energy Record In UK: Wind Outperforms Coal In 2016

New statistics by Carbon Brief shows that more electricity was generated by wind than coal in 2016. It’s the first time that wind has surpassed coal for an entire year, generating 11.5% of the UK’s power, compared to just 9.2% from coal. Overall, a quarter of the UK’s electricity came from renewables in 2016. This milestone is a significant first for the UK, reflecting a massive decline in coal generation, which contributed just 9.2% of UK electricity last year, with 11.5% from wind. The coal collapse has seen its output fall to the lowest level since 1935.

December 22nd 2016
New Low Carbon Era Arrives for the UK. Renewables Now Mainstream, Wind Central

New Government figures show that the UK has passed the point where we have a low carbon electricity system. For the first time, renewables and nuclear are delivering 50% of our electricity, thanks to continued dramatic growth in renewable generation. Coal use and fuel imports are falling dramatically in response as we balance our economy, increase energy efficiency, cut costs and cut carbon.

December 18th 2016
DEWA Reaches Financial Closure For 2,400MW Hassyan Clean Coal Power Project

Dubai Electricity and Water Authority (DEWA) has reached financial closure for the 2,400MW Hassyan clean coal power project. Last June, DEWA signed the PPA, Shareholders Agreement (SHA), and other project agreements with the consortium led by ACWA Power. Total investment of the project is USD 3.4 billion through Hassyan Energy Company, which is a joint-venture between DEWA (51%) and a consortium comprising ACWA Power, Harbin Electric, and the Silk Road Fund (49%). The project consists of four 600MW net power units. They will be operational in March 2020, March 2021, March 2022, and March 2023 respectively.

  1. Pages:
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. 8
  10. 9
  11. 10
  12. 11
  13. 12
solar energy qmqr18

 

Benelux_IF_MPU_181