5 April 2017 2017 11:45 AM GMT

Large-Scale PV Finance Amongst Hot Topics At Intersolar Europe Conference 2017

An increasing number of photovoltaic plant constructors are investing in large-scale power stations worldwide, raising new questions about the industry. What options are available for financing PV power plants? Which markets will be relevant in the future? What is the role of smart renewable energy, i.e. combining energy generation, storage and management? Experts are set to discuss these questions at the Intersolar Europe Conference, taking place at ICM – Internationales Congress Center München from May 30–31, 2017. The event runs alongside Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, (May 31–June 2). This year’s conference is being led for the first time by new chairman Dr Pierre-Jean Alet.

The photovoltaics industry continues to grow, and large-scale power plants, in particular, are currently driving forward the deployment of PV technology on an international scale. Questions such as financing, management, operation and maintenance (O&M) of the plants are therefore becoming increasingly important. In light of these developments, the future of large-scale plants also forms a key topic at the Intersolar Europe Conference, with several sessions focusing on the issue: The PV Power Plants: Forecasting Technologies session examines new technologies aiming to better integrate meteorological forecasts into calculation processes. The PV Power Plants: Operation & Maintenance Business session addresses business models revolving around PV plant maintenance and the optimisation of plant profitability. The use of drones and robots is also examined in this context, with the session titled PV Power Plants: The versatility and impact of drones and robots taking a look at their growing importance for the profitability of PV power plants.

More and more power generation projects are combining various renewable sources of energy to form hybrid power plants. The session titled Smart Renewable Energy: Renewable Hybrid Plants explores the latest challenges presented by such projects. The industry is also currently focusing on the topics of intelligent networks and decentralisation, sharing, digitalization, smart grids and big data, the latter of which is being discussed across the entire sector. The Smart Renewable Energy: Digitalization, Energy Clouds & Big Data session takes an in-depth look at data management and data security, examining matters such as how various market participants can access data quickly yet securely while observing data control rights.

Constant change doesn’t just characterise the PV industry, it also applies to business and financing models. The major decrease in the price of solar power has led to an abundance of new business models. At the same time, the influence of rating agencies in new rounds of financing continues to grow. The Solar Merchant PV Power Plants/The Role of Rating Agencies/Insurances session sheds light on the impact of rating agencies and insurance companies and how their services have evolved in the context of global financing.

This year, SolarPower Europe is once again exclusively presenting its Global Market Outlook 2017-2021 at the Intersolar Europe Conference (May 30, 10:15 am). The report includes a five-year global market forecast that not only features the latest facts and figures for anticipated growth markets but also comments on the industry’s key driving forces and predicts how the market will develop. Further sessions shine the spotlight on the American, Asian and African markets. Last year, Asia and the key markets of China, India and Japan accounted for 70% of global demand. Countries such as the Philippines, Vietnam, Myanmar, Indonesia and Thailand are expected to witness an increase in demand in the future. A surge in electricity consumption is also creating a positive market environment in Africa, especially in Nigeria, Ghana, Uganda and Kenya.

Dr Pierre-Jean Alet is chairing the conference for the first time in 2017 and brings a wealth of industry knowledge to the table. An engineer and physicist, Dr Alet obtained his PhD from the renowned leading French university École Polytechnique. He previously researched cell technologies and energy services at Sharp Laboratories of Europe. In his current role of activity manager at Swiss research and development centre CSEM (Centre Suisse d’Electronique et de Microtechnique or Swiss Center for Electronics and Microtechnology), he is responsible for the performance of PV systems as well as the storage system and grid integration. Dr Alet is a member of the Steering Committee of the European Technology and Innovation Platform Photovoltaics, where he leads the platform’s activities on grid integration. With his extensive expertise in energy generation, storage and management for the new energy world, he is well-placed to ensure that the conference covers a wider range of relevant topics.

“Market developments, especially in Europe, mean that the photovoltaics industry must turn away from debating energy generation costs and concentrate on the value of electricity instead,” explains Pierre-Jean Alet, commenting on his main area of focus. “While cells and modules will remain essential, innovative research in the PV industry will increasingly centre around issues such as energy management, forecasting and digitalization. I am delighted to have been given the opportunity to preside over this forward-looking meeting of distinguished industry experts,” comments Alet.

October 16th 2017
Uganda Inaugurates Breakthrough Tororo PV Plant. A Future Model For Africa?

Production has commenced at the Tororo PV power plant; which, with 16 GWh of renewable energy generated annually, will cater for the energy requirements of 35,838 people and help reduce CO2 emissions by 7,200 tons. Overall, $19.6 million was invested to build the 10 MWp plant, with the engagement of several major organisations including KfW and FMO Development Banks, the World Bank and the EU. Attilio Pacifici, EU Ambassador said, “One of the key objectives of this plan is to encourage private sector participation in higher risk investments and we’re happy to demonstrate that Uganda is well positioned to be successful and a good model for replication.”

October 17th 2017
Grids Integration, Energy Networks Boosted By Distributed Generation Growth

Renewable energy has continued to develop at ever increasing rates, with remarkable growth seen since the start of this decade. The pace of the energy transition is driving innovation and growth in related sectors. For energy networks and grids integrating small gas turbines, micro-turbines, fuel cells, biomass, small hydropower, wind and solar energy; distributed generation installation provides significant solutions in the restructured electricity regime. This is particularly so, where there is a larger uncertainty in demand and supply.

October 20th 2017
Amazon Launches Biggest Wind Farm Yet, Generating Over 1,000,000 MWh Each Year

Amazon has announced that its largest wind farm yet—Amazon Wind Farm Texas—is now up and running, adding more than 1,000,000 MWh of clean energy to the grid each year. In total, Amazon has launched 18 wind and solar projects across the US, with over 35 more to come. Together, they will generate enough clean energy to power over 330,000 homes annually. The Farm includes more than 100 turbines – each over 300 feet tall with a rotor diameter more than twice the wingspan of a Boeing 787. It is built, owned, and operated by Lincoln Clean Energy (LCE).

October 10th 2017
Enel Starts Construction Of Australia’s Largest Solar PV Project

The Bungala Solar One facility is part of the Bungala Solar PV Project and will have an installed capacity of 137.7 MW out of a total of more than 275 MW for the whole project, that will be able to produce 570 GWh per year. The facility will cover an area of approximately 300 hectares and will consist of about 420,000 polycrystalline PV modules mounted on single-axis tracker structures which will follow the Sun’s path from east to west; increasing the amount of energy produced by the plant, compared to PV modules with fixed structures. The overall Bungala Solar PV project is expected to become fully operational in early 2019.


 

   

PS_Wind Energy_Masters_171