January 2016

Japan’s Sumitomo And Brazil’s Gerdau Announce Major Wind Sector Partnership

Americas, Asia Pacific, Europe/Middle East/Africa, Most Popular, Technology

The partnership combines Japan Steel Works’ world leading manufacturing technologies, mainly in the energy sectors, with Sumitomo’s significant experience and knowledge within the renewable energy and wind-related sectors; and brings the strengths of these two companies together with Gerdau’s strong production base. This “Gerdau Summit” will focus on the production and sale of forged products for wind power generation in the Latin American market with a focus on Brazil, where Gerdau is the largest long steel manufacturer. Production is expected to begin in 2017.

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JinkoSolar Agrees Largest US Contract to supply 1GW Solar PV Modules To sPower

Americas, Asia Pacific, Deals & Finance, Europe/Middle East/Africa, Head Lines

China’s JinkoSolar has just agreed it’s largest US contract. It’s to supply up to 1GW, over three million of its high efficiency solar pv modules, to sPower before the end of 2016. The timing of the agreement is seen as highly significant in light of the recent extension by the US Federal Government of Investment Tax Credits for utility-scale solar development. The agreement also strengthens JinkoSolar, which currently has, 15,000 employees, 12 offices and 5 production facilities, globally.

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FERC Awards Licences to FFP New Hydro for $100m Muskingum River Projects

Americas, Energy, Head Lines, Hydro

The four projects have a combined generating capacity of 15MW. FFP New Hydro also has final license applications pending for two more projects on the Muskingum River. The projects represent an investment of more than $100 million and each project will create 100 to 150 jobs during construction as well as continued service employment during operations. Clean, reliable electricity from the projects will power over 7,500 homes and businesses as a long term resource for the region.

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RES Sells 198MW Bluestem Wind Project to Exelon – Powers Google Data Centers

Americas, Deals & Finance, Head Lines

The project will consist of 60 Vestas 3.3MW V117 wind turbine generators and construction will begin immediately. It will provide up to 300 jobs during it’s peak, and is scheduled to be completed at the end of 2016, generating an approximate 845,000 MWh per year to the Southern Power Pool electrical system – enough to power over 77,000 U.S. homes. A power purchase agreement for the project has been executed with Google, as part of the drive to power it’s data centres with clean energy.

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Innovation Wins US Department of Energy SunShot Initiative Award

Americas, Carbon, Policy

The innovation, from the Fraunhofer Center seeks to resolve one of the biggest challenges facing utilities; of how to integrate large quantities of PV production with the electric grid without compromising power-reliability and quality. It’s a further indicator of the US Dept. of Energy, aggressively driving innovation to make solar energy fully cost-competitive with traditional energy sources before the end of the decade.

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New Technology Enhances Wind Energy Storage and Grid Distribution

Asia Pacific, Technology

China Guodian Corporation has put into operation the first megawatt (MW)-scale, ultracapacitor-based wind farm energy storage system in the world. The manufacturer Maxwell Technologies claims that the new technology discharges and recharges power quicker, with a longer lifetime and better performance in low temperatures. These are suitable for stabilizing short-term power output fluctuation in wind farms and cabling in large-scale deployments, ensuring reliable access to wind-generated power on the grid.

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Germany’s Heliatek Presents Disruptive Solar Technology in Davos

Americas, Asia Pacific, Europe/Middle East/Africa, Technology

Heliatek, recognized last year as one of the World Economic Forum’s “Technology Pioneers” presented an ultra-lightweight, flexible, solar film that is less than 1 mm thick, in Davos. Positioning it strategically as highly disruptive to the current energy model of large, polluting, CO2 emitting electricity producers by offering clean, local energy generation.

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Pattern Energy Completes 150 MW Wind Farm for Amazon

Americas, Deals & Finance

The facility was completed on schedule and means that all 16 of its wind power facilities are fully operational. Since its IPO, it has grown its portfolio by 119%, pointing towards the value of our strategic relationship with Pattern Development. Pattern Energy has rights of first offer to Pattern Development’s entire project development pipeline, which totals more than 5,900 MW with projects in the USA, Canada and Chile.

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Ten K Solar Increases Momentum with Goldman Sachs Investment

Americas, Asia Pacific, Deals & Finance, Europe/Middle East/Africa

Ten K marches on: the company has just completed its third consecutive year of triple digit growth and is rapidly establishing a new standard for safety, reliability and energy density on large-scale rooftop solar projects. Ten K’s low-voltage, cell independent technology eliminates a host of safety and reliability problems associated with legacy solar.

Ten K Solar Increases Momentum with Goldman Sachs Investment Read More »

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