21 April 2016 2016 11:56 AM GMT

Hydropower Driving Ecuador Towards 100% Electricity Generation From Clean Energy

The $11.5 million hydropower project consists of the construction of a hydropower plant that will have an output of 5.5MW and will be developed in the northern part of Ecuador.  The government provides tax incentives for such projects to encourage the further development of clean energy projects.

Capital Corp Merchant Banking has been much involved in the financing of renewable energy projects over the last 15 years, recognizing the importance of clean energy sources and taking particular interest in these types of projects around the world.

The funding structure it has devised consists of providing its client with US$3.5M in common stock, US$8M in debenture.  The method by which this project is to be funded is the brainchild of Gilles A. Herard Jnr. Mr. Herard is a seasoned merchant banker and has been in the banking industry for 38 years.  As the head of Capital Corp Merchant Banking, he has become a leading figure in international middle-market project financing and engineers all funding structures for projects at Capital Corp. Mr. Herard has received numerous awards for his work and other contributions including being appointed to the Presidential Business Commission, Honorary Co-Chairman of the Business Advisory Council, and having received the Senatorial Medal of Freedom, among many others.

Capital Corp Merchant Banking offers Merchant Banking services for a variety of projects worldwide. It has developed close working relationships with groups of Professionals: Specialists in Finance, Commercial Risks Insurance and Re-Insurance, International Accounting Firms and Law Firms, and the largest Valuation Firm in the world. It believes its solution-oriented approach and reputation for being a leading flexible funding source in the market in creating handcrafted investment structures to meet the needs of the different constituent groups in each individual transaction, including renewable energy projects. Capital Corp Merchant Banking offers many services: Project Financing, Business Debt Restructuring, Consulting, Negotiating Services, Acquisitions, and Investment Approach.

June 20th 2018
Battery Boom: Wind And Solar Can Generate Half Of Worldwide Electricity By 2050

Coal is to shrink to just 11% of global electricity generation by mid-century, from 38% now, as costs shift heavily in favour of wind, solar and batteries. Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 due to reductions in cost. “Cheap battery storage means that it becomes increasingly possible to finesse the delivery of electricity from wind and solar so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.”

June 19th 2018
ABB Microgrid In South Australia Strengths Power Grid And Improves Reliability

ABB will supply a microgrid solution to the Energy Storage for Commercial Renewable Integration (ESCRI) project, which will provide a more secure power supply in an area that has high renewable penetration into the grid. The solution will connect an ABB Ability PowerStore 30 megawatt (MW) battery energy storage solution to the Electranet transmission system enabling the value stacking of storage in the regulated energy market, improving power reliability. ABB has installed over 40 such global sites, serving remote communities, islands, utilities and industrial campuses.

June 18th 2018
IET’s Renewable Power Generation Conference Comes To Copenhagen

The Institution of Engineering and Technology’s popular Renewable Power Generation conference will be making its first visit to Denmark this year. The conference, now in its 7th iteration, will be hosted by the Center for Electric Power and Energy at DTU, which also manages the world-class experiment platform for research and development of renewables integration – PowerLabDK. Over 180 new research papers will be presented at the conference. Attendees will be able to find out the latest ideas and thinking around wind power plant modelling and control; wave and tidal energy; renewable energy forecasting; power conversion and grid interaction; Hybrid systems combining multiple energy sources; the impact of distributed generation and use of HVDC.