Benelux_Infrastructure_Forum_171
27 July 2016 01:46 PM GMT

In addition to the $345 million raised in June and July, SolarCity’s capital markets team has raised more than $1.5 billion in project financing to date in 2016. Investment in rooftop and other small-scale solar is expected to attract $3.4 trillion over the next 25 years, according to Bloomberg New Energy Finance. The company is also evaluating how the installation of the smart inverters and battery storage systems for residential rooftop solar customers can enhance grid stability and power quality.

July 25th 2016
EON Advances Grid Stability With 10MW TEP Energy Storage Agreement

E.ON Climate & Renewables North America today announced it signed an agreement with Tucson Electric Power (TEP) to provide frequency response and voltage control from a grid-scale, 10(MW) battery energy storage facility with a 2 MW solar array. The Iron Horse Battery Energy Storage Project will be located adjacent to theUniversity of Arizona Science and Technology Park southeast of Tucson. The project is expected to be completed in the first half of 2017.

July 25th 2016
East Africa: Mobisol Installs 50,000 Solar Systems, Connects 250,000 Households

The Berlin-based company’s solar systems are powerful enough to cover the entire electricity needs of average African households. The solar systems are paid off over three years in small instalments and are thus also affordable for low-income customers. Mobisol systems are designed specifically for the African market and come with an extended warranty and comprehensive customer service – including remote maintenance via the well-developed East African mobile network.

July 22nd 2016
Record Crowds Attend Intersolar and ees North America 2016

Intersolar North America, the most-attended solar industry event in North America, drew a record crowd of more than 18,000 from over 80 countries to its ninth annual exhibition and conference in San Francisco last week. Attendance was boosted by the co-located ees North America, an exhibition and conference dedicated to the energy storage market. ees added significantly to the event’s exhibitor base, with 41 percent growth over the previous year.

July 20th 2016
SoftBank Investment In India Could Exceed $10 billion. Emphasis On Clean Energy

With a series of investments in India already, SoftBank claims its investments in the country will exceed $10 billion during the next 5 to 10 years. Masayoshi Son, Chairman, and CEO of SoftBank stated that the Japanese telecom and internet giant will make its first $350 million investment in a solar project in India. “We have already invested US $2 billion and we are interested in investing more,” he said. “India has a great future. We are interested in investing in Internet companies and also in solar energy. We would make strong commitments.”

GWEC_STATS_LB_171  
July 20th 2016
SPI Energy From China, Completes And Grid Enables 2.4MW PV Plant in Japan

Located 50km north of Tokyo, the utility-scale Nishiura PV plant covers a total land area of 26,562 square meters and will produce around 3 million kWh of solar electricity per year. The power generated by the 2.4 MW solar park will be sold to a Japanese company under a 20-year power purchase agreement for 831.6 million yen, under which the project will receive 32 yen/kWh of electricity produced under Japan’s feed-in tariff (FIT). SPI Japan owns 100% of the project and will oversee all operations and maintenance requirements of the plant over the course of its lifetime.

July 20th 2016
Vivint Solar And Renovate America Combine To Boost Rooftop Solar Access

Vivint Solar and Renovate America, the leading provider of residential Property Assessed Clean Energy (PACE) financing, are collaborating to expand access to rooftop solar for homeowners. By offering Renovate America’s HERO program as its PACE financing option, Vivint is enabling more homeowners to install solar systems. They can use HERO financing for Solar systems and pay for them over time through their local property taxes. Payments are made at a fixed interest rate for terms of 5 to 20 years, and the interest on the payments may be tax deductible.

July 18th 2016
Swedish Nano Film Technology Improves Efficiency Of Solar Cells

Sol Voltaics, the Swedish development company, has developed a nano film, which can increase the efficiency of solar cells. According to research, a solar cell coated with the nano film has proven to increase its production by 50 percent or more. Lars Samuelsson, Professor of Solid State Physics at Lund University, who led the research behind the company, said: “This is fantastic progress. Standard solar cells with an efficiency of 16-17 percent can be boosted up to 27 percent. Yet the cost of the finished solar cells is no more than 10-15 percent.”

July 18th 2016
Efficiency Breakthrough In Conversion Of Solar Heat Into Usable Light

Since 1961, the Shockley-Queisser Limit has represented an absolute theoretical limit in identifying the efficiency of traditional solar cells in the conversion of energy. A single-layer cell made of silicon, used in the vast majority of today’s solar panels, has an upper limit of about 32 percent. Studies under way to identify whether multiple layers of cells lead to increased overall efficiency by a method known as solar thermophotovoltaics (STPV). In principle, this method of pairing conventional solar cells with added layers of high-tech materials would lead to doubling the theoretical limit of efficiency and double the power from panels.

July 18th 2016
Colbún, Total And SunPower Agreement Highlights Clean Energy Growth In Chile

Colbún S.A. recently announced the award of 15-year power purchase agreement to Total and SunPower for 500-gigawatt hours (GWh) of photovoltaic solar energy per year and the construction of a 164MW solar power plant. The award was selected from 13 competitive tender bids and submission of more than 20 power purchase agreement alternatives. Colbún is the second largest energy generation company in Chile and owns 23 power stations in its Central Interconnected System (SIC) and one in Peru (SEIN, through which it delivers 3,852MW of the installed capacity.

July 4th 2016
Solar Plant Becomes Better Priced Option Than Coal-Fired Plant In Dubai

At a time of plummeting costs of solar, renewable energy will account for 40% of global electricity output capacity by 2030. According to the International Renewable Energy Agency (IRENA), it will almost double today’s capacity. Profitability of the cheaper projects has come under increased scrutiny during this time of plunging costs, along with the bankruptcy of the largest global clean energy developer, SunEdison. Nevertheless, Renewable Energy projects, with Solar, in particular, are surging and their growth continues to be attractive for investors.

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