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.

January 22nd 2018
European Parliament Gives A Resounding Vote In Favour Of Clean Energy In Europe

European lawmakers have called for a renewable energy target of 35% for 2030 – rather than the 27% which the European Commission proposed in 2016. The MEPs have now backed measures substantially raising the European Union’s clean-energy ambitions. By 2030, more than one-third of energy consumed in the EU should be from renewable sources such as wind and solar power. The measures are intended to help cut carbon dioxide emissions. The EU is the world’s third-largest emitter of greenhouse gases after China and the United States, releasing about 10% of global emissions. 

January 10th 2018
US: Doubling Of Wind & Solar Capacity Possible By 2020 as Coal & Nuclear Drop

In the latest issue of its “Energy Infrastructure Update” (with data through November 30, 2017), the Federal Energy Regulatory Commission (FERC) notes that proposed net additions to generating capacity by utility-scale wind and solar could total 115,984 megawatts (MW) by December 2020 – effectively doubling their current installed capacity of 115,520 MW.  The numbers were released as FERC prepares for a January 10 meeting to consider U.S. Department of Energy Secretary Rick Perry’s proposal for a bailout of the coal and nuclear industries.

January 22nd 2018
EV, Renewables See CO2 Emissions Plateau By 2030, But Far From 2 Degree Pathway

Major shifts in the global energy landscape, particularly related to electric vehicles (EVs) and renewable energy sources, mean that MEI expects global CO₂emissions to plateau by 2030. However, increased global energy demand means emissions will remain at more than double the level required for a 2 degrees Celsius warming pathway. Ole Rolser, Associate Partner and Solution Leader at MEI, comments: “Despite the significant momentum around EVs and renewable energy sources taking an increasing share of the power market, to realise the 2 degrees pathway scenario, we’d have to see much broader, much more disruptive change than what we’re seeing now.”

December 27th 2017
Rooftop PV Presents a $23 Billion Opportunity in India Over The Next 5 Years

India is accelerating development of renewable energy projects to provide cheap, reliable and clean power to its 1.3 billion people. The country’s per-capita on-grid electricity consumption has increased significantly over the four years; due to increased industrial activity, higher uptake of electrical appliances by residential electricity users and the addition of new consumers to the grid. During this period, the cost of electricity from rooftop PV has halved, due to fierce competition in the market and a drop in equipment prices. In contrast, average retail electricity rates have increased by 22% in the same period. This has made rooftop PV cheaper than commercial and industrial grid tariffs in all major states in India.


 

   

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