Energy

Energy

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Engie Strengthens Solar Presence In China With 30% Equity Investment In UNISUN

Leave a Comment / Asia Pacific, Deals & Finance, Energy, Solar /

ENGIE has signed in Shanghai an Agreement for a 30% equity investment through a capital increase in UNISUN, a PV company. Since 2014, UNISUN has successfully developed around 500 MW PV projects, showing strong technical capacity. During COP21, China pledged to peak its carbon emissions in 2030 or earlier; the country shall subsequently increase the share of non-fossil energy from 13% to 20% in its energy mix by then.

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Smart Renewable Energy Forum: Digitalization Driving The New Energy World

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The digital transformation in the energy industry has fundamentally changed the electricity landscape. In the future, the energy supply will be ensured by a range of renewable energy plants, storage systems and consumers acting as prosumers. The Smart Renewable Energy Forum at Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, is, therefore, focusing on new concepts and technologies for digital networking along the energy value-added chain from May 31–June 2.

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Overall Investment Down But Global Renewable Capacity Surges To Record Levels

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As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 percent lower than the previous year, according to new research. For instance, new investment in solar totalled $113.7 billion, down 34 percent from the record high in 2015, yet solar capacity additions rose to an all-time high of 75 gigawatts. “The investor hunger for existing wind and solar farms is a strong signal for the world to move to renewables,” said Prof. Dr Udo Steffens, President of Frankfurt School of Finance & Management, commenting on record acquisition activity in the clean power sector, which rose 17 percent to $110.2 billion.

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Total And SunPower Join Forces To Build Solar Power Plant In Japan

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Total and SunPower and ISE Group, have started up a 27-megawatt-peak photovoltaic power plant in Nanao on Japan’s Honshu Island. Completed one year after the beginning of construction, the plant will generate clean and reliable electricity to serve thousands of Japanese households on the island. The Nanao plant is jointly owned by ISE Group, which holds 50 percent interest, with Total and SunPower each holding a 25 percent interest.

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Today, Every Fifth Utility Company In Germany Offers Photovoltaics To Households

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The energy transition is changing the face of the energy market and its stakeholders. For utilities, this process also means a restructuring that will affect all areas. The energy transition involves products and services in the energy efficiency, mobility, electricity and heat sectors. It, therefore, creates numerous opportunities for utilities to grow by coming up with innovative solutions, but it also brings many risks. Customer relationships are changing. Simple power delivery is being replaced by more complex prosumer relationships. The portfolio of utility companies now consists of products such as photovoltaic installations and electrical storage systems, as well as new services in the mobility sector.

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The Evolution of Solar: 10 Years of Solar Pride in San Francisco With Intersolar

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2017 marks the 10th anniversary of Intersolar North America, a leading trade event that has grown alongside the solar industry. During this decade, the U.S solar industry has seen exponential growth. Since 2007, photovoltaic (PV) solar installations have skyrocketed from 1,063 megawatts in 2007 to 14,762 megawatts in 2016. Intersolar North America has been there every step of the way and experienced a similar boom. More than 550 exhibitors and more than 18,000 visitors participated in Intersolar and ees North America in 2016, with an even larger crowd expected to attend in 2017.

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NEOEN Uses Innovative O&M Software For Tracking Performance At Wind Farms

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Neoen, a leading renewable project developer and owner, has chosen QOS Energy’s innovative O&M management platform to monitor the performance of the 315 MW Hornsdale wind project, which will be amongst the largest wind farms operating in Australia once fully commissioned. A key benefit for Neoen is that no additional hardware or system installation is required onsite to run the software, which allows for a swift and cost effective set-up of data acquisition processes. The platform gathers and analyses data generated by each turbine for all measured values using a secure VPN connection.

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Brazil: Nordex Secures 195MW Contract For Turbines Designed For High Wind Speeds

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The Nordex Group has now secured a major contract for the delivery of 65 AW125/3000 wind turbines. The “Lagoa do Barro” project is composed of eight individual wind farms that will be installed in the state of Piaui in northeastern Brazil.

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GE Completes $1.65bn Acquisition Of World Leading Manufacturer Of Turbine Blades

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With a stated objective of insourcing of blade manufacturing to strengthen its supply chain and increasing competitiveness by delivering greater value, GE Renewable Energy has completed its $1.65bn acquisition of Danish LM Wind Power; one of the world’s biggest producers of wind turbine blades, supplying not only GE’s existing renewables business but also rivals such as Gamesa of Spain and Goldwind of China. The deal is the biggest since GE created a separate renewables arm and LM Wind Power is to continue supplying wind blades to all industry players.

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JA Solar’s Module Shipments to India Reach 1GW; Strengthens Regional Position

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JA Solar has announced that the company’s cumulative module shipments to India have reached the milestone of 1GW of capacity equivalent to electricity generation of approximately 1.7billion kWh, which can reduce carbon emissions by 1.47 million tonnes annually. This further strengthens the company’s position in India, which is emerging as one of the largest PV markets in the world. Globally, JA Solar now has cumulative shipments of over 20 GW and the company does business in more than 92 countries around the world.

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India’s Solar Objectives Get Major Boost with 750MW Rewa Ultra Mega Solar Park

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India’s State Government of Madhya Pradesh has signed agreements making Rewa Ultra Mega Solar Park a reality and helping India get closer to its 100 GW solar energy goal by 2022. IFC, a member of the World Bank Group, is the lead transaction advisor for the project that will mobilise $550 million in private investment and avoid a million tonnes of GHG emissions. The 750 MW capacity project was auctioned in three packages of 250 MW each and will be one of the biggest single site solar projects in the world.

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