April 2017

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

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

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

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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Renewables For Philippines: Accelerated Development And Energy Independence

A new report released by the IRENA, says that renewable energy policy making and institutional evolution can support Philippines’ development momentum and allow it to achieve energy independence. “Like many countries in its region, the Philippines faces a growing population and rising energy demand to power economic growth. Uniquely, the archipelago is also frequently exposed to tropical storms and natural disasters that affect its energy structure. Renewable energy can play a role in helping the country achieve greater energy security and distribution despite these challenges,” said IRENA Director-General Adnan Z. Amin.

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Intersolar North America And CALSEIA Celebrate Major Anniversaries With Big Bash

Intersolar North America And CALSEIA are celebrating major anniversaries with an enormous solar fundraising bash, the Summerfest, at San Francisco’s AT&T Park. It’s the home of the City’s famous major league baseball stadium, and the event combines two of America’s favourite darlings — solar power and baseball. Summerfest 2017, honouring CALSEIA’s 40th year of service and Intersolar’s 10th year in San Francisco is set to be the largest and most successful fundraising event in CALSEIA’s history.

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Intersolar North America In Its 10th Year: Blazing a Trail Where Others Follow

Celebrating its 10-year anniversary, Intersolar North America will once again be the first major solar event of the year. It takes place July 11-13 at the Moscone Center in San Francisco and is co-located with ees North America and SEMICON West. These combined events bring together professionals from the solar, energy storage and semiconductor industries to share knowledge and innovation, network, and accelerate business goals. With its consistent growth to 18,000+ attendees in 2017, Intersolar North America is the most-attended solar event in North America.

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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.

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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. What options are available for financing PV power plants? Which markets will be relevant in the future? What is the role of smart renewable energy, i.e. combining energy generation, storage, and management? Experts are set to discuss these at the Intersolar Europe Conference, taking place in Munich (May 30–31). The event runs alongside Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, (May 31–June 2).

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