June 2016

E.ON CEO Unimpressed With Government Policy Changes; Calls For Market Stability

Americas, Biomass, Carbon, Europe/Middle East/Africa, Policy

Michael Lewis, CEO of E.ON Climate and Renewables GmbH, has voiced caution on the UK government clean energy policy reversals. “The UK has been E.ON’s largest market in terms of gross investment but since the election last year, there have been a number of very substantial policy reversals here. This sends completely the wrong signals to investors.” He outlined that, the “EU generally and the UK specifically needs to come together and deliver some coherent policies across the renewable energy area”.

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Dramatic Entry In Solar Sector From Hong Kong-Listed CLP; Invests $1Bn In India

Asia Pacific, Deals & Finance, Head Lines, Region, Solar

One of India’s largest foreign investors in its power sector, CLP India Pvt. Ltd is to enter the solar energy sector to grow its renewables share. The company is planning a $1Bn investment for 1GW of solar power capacity during the next 3-5 years. India has a 2022 target of 100GW of solar power and 60GW of wind power, thus the country needs as much as US $200Bn. As a result, global investors, clean energy companies, and pension funds are flocking to India.

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Flagship Scottish Offshore Wind Project, A Model For Bringing Interests Together

Asia Pacific, Europe/Middle East/Africa, Head Lines, Policy

Beatrice Offshore Windfarm, off the coast of Caithness, will create 900 jobs and generate 588MW of power once operational in 2019. Hailed as the “flagship project for the Scottish offshore wind industry”; it’s claimed that the £2.6bn project will be one of the largest private investments ever made in Scottish infrastructure. Lang Banks, director of conservation group WWF Scotland says that: it’s “great news for the climate and Scotland’s economy, this single project will almost quadruple our offshore wind capacity, helping to reduce our greenhouse gas emissions as well as creating jobs and supporting local economic renewal.”

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Chile Emerges As The Clean Energy ‘Tiger’ Of Latin America

Americas, Biomass, Deals & Finance, Solar

Chile now plays host to the largest PV plants in Latin America. According to a CIFES report, the first quarter of the year saw an increase of around 254MW in solar, in addition to 6MW wind and small hydro and biomass projects. With this, the country continues to hold its position as the largest solar market in Latin America. While 10% of Chile’s power demand is now successfully met through renewable energy, their current volume is set to double under mandates set by new legislation, setting a new objective of 20% renewable energy in 2025, as well as further targets during the preceding years.

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Electric Vehicles – An Astonishing Opportunity For Utilities, Storage And Grids

Americas, Technology

Utilities have been slow to adopt renewable innovations like wind and rooftop solar, according to some critics, however, utilities now have the opportunity to seize a share of the $400bn US petrol market from the oil companies. Capturing market share for light-duty vehicles alone, “power sales would rise by about 25%, adding roughly $100bn per year to electric utility revenues and saving car drivers about $300bn a year”, states Michael Shepherd, Chairman of E-Source, highlighting a superb opportunity for utilities to boost significantly the growth of EV transportation.

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Intersolar, ees North America Workshop Program for Installers And Developers

Americas, Carbon, Region

Intersolar and ees North America, the most attended solar plus energy storage industry exhibition and conference dedicated to the North American market, will host more than 20 workshops this year to educate installers and project developers on the key trends and new products shaping the industry. The featured workshops this year are developed in partnership with the California Solar Energy Industries Association (CALSEIA), the North American Board of Certified Energy Professionals (NABCEP) and the National Alliance for Advanced Transportation Batteries (NAATBatt).

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Major Development From Nissan Can Boost EV Battery Life, Extend Driving Range

Asia Pacific, Efficiency, Head Lines, Region

Nissan has reached a major breakthrough with its new lithium ion battery generation, which will significantly extend the driving range of zero-emission electric vehicles. As car batteries are continually charged and depleted, overall battery capacities begin to diminish, eventually leading to battery replacement. It remains one of the many issues affecting electric vehicles, however, Nissan believes they may have found the solution by using silicon.

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Stunning Growth of Clean Energy In Mexico

Americas, Biomass, Deals & Finance, Solar, Wind

The recent state power auction in Mexico awarded 5.38 million megawatt-hours of energy to renewable energies; solar won 74 percent and wind won the remaining 26 percent. Solar in Mexico will now grow by an astonishing 521 percent in 2016, far exceeding projections made only months earlier. With the concentration of project developers in the country now matching the strategic objectives of its government, Mexico has the resources to become a strong and internationally significant clean energy hub.

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Indian Railways Commences Trial For Its First Solar Panel-Powered Train

Asia Pacific, Carbon, Head Lines, Region, Solar

India has moved one step closer to the goal of using purely solar-powered trains in the near future. The Indian train system is the fourth largest in the world and Indians are heavily dependent on the railways. Due to the large population, more and more trains are being utilised to keep up with the ever-increasing demand, which means more electricity. Studies show that trains using solar power can reduce diesel consumption; bring down CO2 emissions and additionally, solar and further alternative sources of energy can save on expenditure significantly .

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Energy Efficiency And Production: California Leads The Way

Americas, Biomass, Efficiency

Even with the 2nd largest energy consumption and expenditure in the USA , California has some of the lowest per capita consumption patterns in the country. This; when combined with its robust renewable energy production (nearly 4000MW solar projects installed), and a more diversified energy portfolio, sees it trailblazing towards its landmark energy targets. In addition, shielding its economy from the volatility of oil prices, California provides a model that can be used nationally, as well as globally.

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