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

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.

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

The increasing number of investments in large-scale PV plant constructions worldwide are raising new questions about the industry. Experts are set to discuss these at the Intersolar Europe Conference, taking place in Munich May 30–31, 2017

New Perovskite Efficiency Record Is A Breakthrough With Significant Potential

Researchers at The Australian National University (ANU) have achieved a new record efficiency for low-cost semi-transparent perovskite solar cells in a breakthrough that could bring down the cost of generating solar electricity.

ICCI 2017 Positions Itself As The Leading International Energy Event In Eurasia

ICCI 2017 is significant, being the first since it became a JV between Hannover Fairs Turkey, and PennWell International. “ICCI Powered by POWER-GEN” now effectively combines local knowledge, with international expertise.

Clean Energy Revolution For Japan: Inauguration Of Asia’s First E3 Power Plant

Six years after the natural disaster and the reactor catastrophe in the Fukushima prefecture, governor Masao Uchibori has inaugurated the first E3 power plant by pressing the button that starts the operations. The clean energy power plant by ENTRADE, located at the small health resort Nishigo, uses biomass which is available in the region – for instance pellets derived from waste wood and sawdust – to provide a hotel and a spa resort with electricity, heat and cooling. After the successful start-up of the pilot plant further E3 power plants shall be set up during the following weeks.

Kalyon Enerji, Hanwha Q CELLS JV – Winners Of Turkey’s Largest Ever Tender

A joint venture formed by Kalyon Enerji and Hanwha Q CELLS. has won the tender to build a 1,000 MW solar power plant in the Karapınar region in Turkey with the bid of 6.99 USD-cent per kWh. It is the conclusion to the tender for the biggest renewable energy project in Turkey’s history. According to the tender rules, this price will be valid for 15 years and companies have 30 years of usage rights. Also, all components used in this project will be manufactured locally. The 1 GW solar power plant, which will be operational within 36 months.

Can Women Solve The Skills Gap Problem In A Rapidly Growing Clean Energy Sector?

Women can and should address the skills gap problem in the rapidly growing clean energy sector – globally. That is the bold declaration from Dr. Nina Skorupska CBE, Chief Executive of the Renewable Energy Association (REA); who addressed a significant consequence of the pace of the global energy transition upon the release of Global Energy Talent Index (GETI), the world’s largest global energy sector skills, recruitment, and employment trends report, released by Energyjobline and Airswift.

Xcel Files 1,230 MW Wind Proposal Claiming $2.8Bn Customer Savings Over 30 Years

Xcel Energy has filed a proposal, seeking approval to construct the 522MW Sagamore wind facility in New Mexico and the 478MW Hale wind facility in Texas, as well as a long-term PPA in Texas for 230MW supplied by the Bonita wind facility. The utility company forecasts that this will save customers located in both states approximately $2.8 billion over a 30-year period, borne from integrating the lower-cost wind energy resources into the company’s energy portfolio. The additional 1,230 MW of wind energy is enough electricity to power more than 440,000 typical homes, according to Xcel.

 
Overall Investment Down But Global Renewable Capacity Surges To Record Levels

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.

SunPower Is Top Panels Provider In First Round Of French Solar Projects Tender

SunPower has announced that, in the first round of France’s tender process for large-scale solar power, the company will supply 31 percent of the solar panels required for the awarded solar projects, more than any other solar panel brand. In total, the company will provide 130MW of its high-efficiency SunPower® E-Series solar panels for installation at 25 ground-mount and carport solar projects. The company states that a majority of the panels will be manufactured at its facilities in Toulouse, France.

Morocco Rises: Starts Construction On The World’s Largest Solar Power Complex

In the presence of the Moroccan King, Mohammed VI, construction commenced on the country’s fourth power plant – NOORo IV – which will become the largest solar power complex in the world, providing electricity for 1.3 million people. After commissioning, at the beginning of 2018, the PV plant will enable annual savings of at least 56,000 tonnes in CO2 emissions. When all four power plants are combined, CO2 emissions will be reduced by around 800,000 tonnes every year. The Noor complex is scheduled to be completed by 2019 and supply a total of 580 MW of output power from three solar thermal energy plants and one photovoltaic plant.

Edify Energy, Wirsol Complete Landmark Solar Farm Project Financing

Australian developer Edify Energy and German investor Wirsol have successfully completed Australia’s largest single solar project financing to build and operate 3 new large-scale solar farms: the Whitsunday and Hamilton Solar Farms in Queensland, and the Gannawarra Solar Farm in Victoria. When complete in Q1 2018, the Queensland and Victorian markets will benefit from an additional 198 MWp of renewable capacity, including the first large-scale farm in Victoria. Both companies are confident that investment in large-scale renewable energy will become more common place.

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