Energy

Energy

Power Generation_191

HERO Program Launching for 240,000 More Homes in 28 More California Communities

Leave a Comment / Americas, Carbon, Energy /

88,100 California households have already utilised $2.1 billion in HERO financing for energy efficiency, water conservation and clean energy upgrades. Now, more than 240,000 homeowners in 28 more California communities who want to go solar, or make efficiency-related repairs and upgrades can finance 100% of their home projects through the HERO Property Assessed Clean Energy (PACE) Program. Through HERO financing, homeowners can pay for projects with an additional line item on their property taxes. As a result, HERO financing payments may have tax benefits, and many homeowners see immediate savings on their utility bills by investing in efficiency upgrades.

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Japan’s Jera Accelerates Growth Of India’s ReNew Power With $200m Investment

Leave a Comment / Asia Pacific, Deals & Finance, Head Lines, Solar /

JERA Co., a joint venture between two of Japan’s largest utility companies, Tokyo Electric Power Co., Inc. and Chubu Electric Power Co has invested $200m in ReNew Power, one of India’s largest clean energy companies, as its first investment in the Indian energy sector, where significant economic growth has brought increased demand for electricity. In addition, the Indian government has set a target of introducing 100 GW of solar and 60 GW of wind power generation by 2022. The acquisition of a 10 percent stake values ReNew Power at $2 bn.

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The US Now Employs More In Wind Power Than In Nuclear, Gas, Coal Or Hydro

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Wind power employs just over 100,000 Americans according to new data released by the U.S. Department of Energy (DOE), more than work at nuclear, natural gas, coal, or hydroelectric power plants. “Wind means opportunity and job security for over 100,000 Americans,” said Tom Kiernan, CEO of the American Wind Energy Association. “The Department of Energy’s new jobs data underscore the incredible impact of wind power in creating American jobs for workers, who directly contribute to our nation’s energy independence and economic success story”.

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INTERSOLAR SUMMIT USA East Returning To Brooklyn, New York On March 23, 2017

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The development of the solar and energy storage industry at the U.S. East Coast has been very strong and dynamic over the past years. A total of 15,000 solar jobs are in Massachusetts, ranking 2nd in U.S. solar employment statistics, followed by New York and New Jersey in 4th and 5th place respectively. The State of New York has also pushed forward the energy transition by mandating 50% of renewable energy by 2030. In September 2016 New York City set its new target for solar capacity to 1 GW of solar PV by 2030 and its first energy storage deployment target to 100 MWh by 2020.

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Nordex Acquires SSP To Develop Larger, More Efficient Turbines

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Nordex seeks to expand engineering skills to develop even more efficient rotors. “Rotor blades are key to lowering the cost of energy,” stated Jose Luis Blanco, COO of Nordex SE. “Our partnership with SSP Technology extends as far back as 2003 and has always been very successful and constructive. I am convinced that we will be able to significantly strengthen our innovation ability by integrating the blade experts at SSP.

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Wind Energy_172

EDF RE Commences Operations at 225 MW Great Western Wind Project For Google

Leave a Comment / Americas, Deals & Finance, Head Lines, Wind /

EDF Renewable Energy (EDF RE) has announced that the 225 MW Great Western Wind Project has begun commercial operation. The project’s output is provided to Google under a long-term Power Purchase Agreement (PPA). Tristan Grimbert, President & Chief Executive Officer, EDF-RE commented that, “the success of the wind industry in 2016 can be attributed in part to corporate purchasers, like Google, who demonstrate their commitment to affordable renewable energy. Their participation to directly procure wind power, along with the Production Tax Credit, benefits Americans through manufacturing job creation, energy independence and support to American farmers.”

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Energy From Waste 2017 – Where The Waste To Energy Industry Does Business

Leave a Comment / Biomass, Energy, Europe/Middle East/Africa, Policy /

Taking place Taking place on 21-22 February 2017 in London, the Energy From Waste 2017 conference agenda addresses the future of energy from waste, with insight provided on local authorities’ future role in operational waste contracts, and expert coverage on new secondary and tertiary technologies making energy from waste economically viable. In addition to the valuable content, the conference is the ideal environment to meet new suppliers and explore new opportunities, and delegates can also see for themselves how EfW technologies are being successfully utilised with an exclusive visit to an energy from waste facility thermally treating household and commercial waste.

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Solar Plant_India

Adani Commissions India’s Largest Solar Power Plant In Record Time Of 150 Days

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India’s leading integrated infrastructure conglomerate, the Adani Group has commissioned the country’s largest solar power plant in Kutch district, Gujarat. The current capacity of the plant is 40MW, with plans to expand this to 100 MW. It’s India’s largest solar power plant, and commissioned for a record time of 150 days – from foundation stone laying to electricity generation. The plant has over 400,000 solar PV modules mounted on 21,600 structures, which are erected on 130,000 foundations. The project was awarded under Gujarat Solar Power Policy of 2009.

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Midsummer Achieves Efficiency Record For Its Lightweight, Flexible Solar Modules

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A lightweight and flexible solar module production system from Midsummer AB has now increased the conversion efficiency of its modules to 14 percent as verified by an independent testing laboratory. The DUO system is now the most widely spread manufacturing tool for flexible CIGS solar cells, said Sven Lindström, CEO, Midsummer AB Applications are e.g. floating modules, vehicles, landfills, portable power generation and membrane roofs on factories, offices and other structures that are not strong enough for traditional glass modules.

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MHI Vestas Offshore Wind Wins Record Order for 450 MW Project In Germany

Leave a Comment / Deals & Finance, Europe/Middle East/Africa, Head Lines, Wind /

DONG Energy has placed a milestone order with MHI Vestas Offshore Wind for the 450 MW Borkum Riffgrund 2 project in Germany. The record-breaking order is the largest ever for MHI Vestas, demonstrating the strong relationship with DONG Energy. It includes a five-year full-scope service contract with an availability guarantee, ensuring optimised performance of the wind power plant with maximum power output. When completed in early 2019, it will be one of the largest offshore wind power plants in Germany generating enough energy to cover the consumption of 460,000 households.

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