Benelux_Infrastructure_Forum_171
9 August 2017 09:45 AM GMT

India Infrastructure Fund II (IIF II), represented by its investment manager, IDFC Alternatives Limited, one of India’s largest alternatives fund managers, is to acquire seven operating solar projects owned and operated by the First Solar Group in the Indian states of Andhra Pradesh and Telangana aggregating to a capacity of 190 MW. All the projects utilise First Solar’s advanced CdTe (Cadmium Telluride) based thin film modules, one of the most environmentally friendly PV technologies, and sell the power generated to state utilities, under long term power purchase agreements. Aditya Aggarwal, Partner, IDFC Alternatives stated that “consistent with its stated strategy of aggregating operating renewable assets, IIF II is well on its way to achieving an installed base of 400-450 MW of operating renewable assets by the end of the current financial year.”

August 9th 2017
35% Of German Electricity Consumption Now From Renewables: Grid Challenges Ahead

The Centre for Solar Energy and Hydrogen Research in Baden-Württemberg (ZSW) and the German Association of Energy and Water Industries (BDEW) have stated in an initial assessment that electricity generated from clean energy accounted for 35% of Germany’s consumption in 1H 2017. It’s the first time that this mark has been reached. The total share of electricity generated from renewables was up 2% from last year. The growth from onshore wind was 13.6%; offshore wind saw the steepest growth at 47.5%; growth from biomass increased by 2.2%, whilst the growth from PV systems was 13.5%, compared with the 1H 2016.

August 4th 2017
Enel Awarded 339 MW Of Solar Capacity In Spanish Renewables Tender

Enel S.p.A., acting through its Spanish subsidiary Endesa’s renewable company Enel Green Power España (EGPE), has been awarded 339 MW of solar capacity in Spain. The award followed the tender aiming at collecting 3 GW from renewable energies, launched by the Spanish Government to help the country achieve its target to cover 20% of energy consumption from renewables by 2020. The solar capacity adds to the 540 MW of wind power capacity that EGPE was already awarded last May. “This new milestone confirms our commitment to green energy in Spain, a country which continues to offer growth opportunities for our renewable projects,” said Antonio Cammisecra, Enel’s Head of Global Renewable Energies.

July 27th 2017
Energy-Saving HERO Financing Available To 129,000 More Homes In Missouri

HERO’s latest expansion is expected to spread these economic benefits to the new communities where it will operate. It’s estimated that HERO-financed home improvement activity has resulted in the creation of over 80 new Missouri jobs and over $17 million in economic activity. Many of these new construction-sector jobs can’t be outsourced or automated. In addition to residential PACE activity, MCED also has a pipeline of over $10 million for PACE-financed projects for commercial properties.

July 21st 2017
New BNEF Report Highlights A Massive Shift to Wind And Solar, While Coal Fades

A new independent report from Bloomberg New Energy Finance (BNEF) states that clean energy such as wind and solar will account for almost 75% of investment in power generation worldwide, between now and 2014. New Energy Outlook 2017 estimates that overall $10.2 trillion will be spent on power generation technology in the next 22 years, with $7.4 trillion being spent on renewables. This year’s forecast sees solar energy costs dropping a further 66% by 2040, and onshore wind by 47%, with renewables undercutting the majority of existing fossil power stations by 2030.

GWEC_STATS_LB_171  
July 7th 2017
Solar Power Exceeds Wind Installations; Can Surpass 80GW In 2017, 1TW In 2021

SolarPower Europe (SPE) has launched the ‘Global Market Outlook for Solar Power 2017-2021.’ The report confirms 2016 as another record year for solar, with global annual additions for solar growing by 50% with 76.6 GW installed. There’s now a total worldwide solar power generation capacity of 306.5 GW. James Watson, CEO of SPE said: “When looking at solar, the cost reductions experienced and predicted outstrip all other power generation technologies. Today, utility-scale solar is already cheaper than new gas, coal and nuclear power plants.”

June 30th 2017
US: Clean Energy Now Providing More Electricity Than Nuclear For The First Time

The latest issue of the U.S. Energy Information’s (EIA) “Electric Power Monthly” reveals that – for the first time since the beginning of the nuclear era – renewable energy sources are now providing a greater share of the nation’s electrical generation than nuclear power. “Renewable energy is now surpassing nuclear power, a major milestone in the transformation of the U.S. energy sector,” said Tim Judson, Executive Director of the NIRS. “This gulf will only widen over the next several years, with continued strong growth of renewables and the planned retirement of at least 7% of nuclear capacity by 2025.

June 21st 2017
ABB Innovation Integral To The World’s Largest Floating Solar Plant Test-bed

Land scarcity has severely limited Singapore’s adoption of solar power, so the city-state, surrounded by water, has looked to floating solar panels as a viable alternative. Floating solar panels can be 11% more efficient than solar panels placed on precious land. ABB is providing critical components on a landmark 1MW floating solar photovoltaic test-bed. It measures 1 hectare or 1.5 football fields. The energy generated will be fed into the national energy grid, providing electricity for up to 250 households.

June 20th 2017
EDF, Canadian Solar Join Forces For One Of The Largest Solar Projects In LATAM

EDF Energies Nouvelles has acquired an 80% interest in the Pirapora II PV project (115 MWp) from Canadian Solar Inc., which is retaining a 20% stake and manufacturing the PV panels locally. It marks the latest step by EDF in Brazil’s renewable energy sector. With this addition, it now has 489 MW under construction, consisting of 183 MW (wind) and 306 MWp (solar). The project is located close to Pirapora I (191 MWp), also jointly owned by both companies. With a total installed capacity of over 300 MWp, the energy generated by both projects will cover the annual electricity consumption of 323,000 Brazilian homes.

June 20th 2017
Digital, Smart, Connected: A New Energy World Emerges At Intersolar Europe 2017

With a total of 40,000 visitors and 1,100 exhibitors from 51 countries present at the Intersolar Europe and at ees Europe 2017; the topic of smart renewable energy took centre stage, propelling the industry ever onward. Annual global deployment of PV installations cracked the 80 gigawatts(GW) mark for the first time in 2017 with 2016 already seeing a 50 percent increase in deployment over the previous year; a renewable energy future is arriving at a breathtaking pace. “Our vision of ‘24 hours of sunshine’ clearly foresees an energy future in which all energy is generated by renewable sources,” says Martin Hackl, Global Director of the Solar Energy Division at Fronius International GmbH. “We will achieve this vision by observing the four pillars of this future – intelligent and efficient generation, distribution, storage and consumption of energy.”

June 18th 2017
Intersolar North America Focuses on Solar Finance And Smart Renewable Energy

New conference tracks, off-site events and increased networking opportunities will be in place to connect industry executives, policymakers and advocates at Intersolar North America, the most-attended solar industry event in North America. The event will feature new, in-depth conference tracks on solar finance, smart renewable energy and cutting-edge PV and energy storage technologies at its 10th annual event in San Francisco July 10 to 12. High-level conference speakers will discuss key themes, technologies and advancements in the solar and energy storage industries, as well as financial tools and legislative actions currently shaping the North American market.

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