May 2017

Intersolar Europe 2017: A Meeting Point For The Solar Industry

Europe/Middle East/Africa, Policy, Solar, Technology

Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, is now open. This year’s exhibition focuses on the new energy world. One of the highlights is the special exhibit Smart Renewable Energy. Other topics include new financing and business models for photovoltaics (PV), large-scale PV power plants and the operation and maintenance of PV installations. Manufacturers, suppliers, distributors, service providers and partners of the solar industry will be in Munich until June 2. Once again, ees Europe – Europe’s largest and most visited exhibition for batteries and energy storage – is taking place at the same time.

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InnoEnergy Accelerates Magnificent Seven European Technologies At Intersolar

Deals & Finance, Energy, Europe/Middle East/Africa

InnoEnergy, the sustainable energy accelerator for Europe, is exhibiting at INTERSOLAR Europe between the 31st of May and 2nd of June. The organisation supports and invests in innovation at every stage of the journey – from classroom to end-customer. With its network of partners, it builds connections across Europe, bringing together inventors and industry, graduates and employers, researchers and entrepreneurs, businesses and markets.

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Mercedes-Benz Enters Energy Storage Market In US, Teaming Up With Vivint Solar

Americas, Energy, Head Lines, Solar, Technology

Mercedes-Benz Energy and Vivint Solar have announced an exclusive strategic collaboration to bring the Mercedes-Benz customizable home energy storage system to the US. The two companies’ joint offering provides customers with the German engineering and performance of Mercedes-Benz batteries, coupled with Vivint Solar’s expertise in designing, installing and servicing solar energy systems. The storage systems are based on the same Mercedes-Benz automotive-grade battery technology used in its electric and hybrid vehicles.

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Vestas Strengthens R&D Capabilities With New Portugese Engineering Design Centre

Region, Technology, Wind

Vestas has opened an engineering design centre in Porto, Portugal, to further strengthen its global research and development setup, further strengthening its industry-leading investments in research and development. The centre will be responsible for developing core technology for Vestas’ product portfolio and is part of Vestas’ existing research and development (R&D) setup, which includes sites in the UK, Norway, Germany, India and the company headquarters in Aarhus, Denmark.

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Trina’s Solar Revolution: DUOMAX Twin Packs 25% Additional Generating Capacity

Americas, Asia Pacific, Efficiency, Europe/Middle East/Africa, Solar

Trina Solar has announced the launch of its high-efficiency bifacial module DUOMAX Twin, which generates power from both the front and back sides of the solar module and performs well even under weak light conditions. The front side receives direct sunlight while the back side receives reflected and scattered light. Compared with traditional single-sided modules, the DUOMAX Twin can deliver as much as 25% additional generating capacity. The company’s leadership in PERC cell technology has achieved several world records and total shipments of over 1 Gigawatt over the past years.

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Russia: Abundance Of Renewables Can Fuel Growth; Quadruple Clean Energy By 2030

Biomass, Europe/Middle East/Africa, Head Lines, Hydro, Policy

Russia can increase the share of renewables in its energy mix from roughly 3 percent today to more than 11 percent by 2030, according to new findings by IRENA. The growth in renewable energy use would represent nearly a fourfold increase in the share of renewables between 2014 and 2030. To implement the study’s recommendations, an annual investment of approximately USD 15 billion per year between 2015 and 2050 is required, but IRENA shows that the benefits can exceed costs when externalities related to human health and climate change are considered. According to current estimates Russia has the largest wind potential in the world.

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US Wind And Solar Surge: Providing Majority of New Generating Capacity Q1 2017

Biomass, Carbon, Geothermal, Hydro, Policy

According to the latest issue of the Federal Energy Regulatory Commission’s (FERC) “Energy Infrastructure Update” (with data through March 31, 2017), wind and solar provided 50.84% of the new electrical generating capacity added to the U.S. grid during the first quarter of 2017. Significantly, renewables power sources are now almost 20% of the total US electrical generating capacity. If current growth rates continue, renewables should top 20% before the end of this year. Generating capacity from renewable sources is now more than double that of nuclear power (9.10%) and rapidly approaching that of coal (24.25%).

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Engie Strengthens Solar Presence In China With 30% Equity Investment In UNISUN

Asia Pacific, Deals & Finance, Energy, Solar

ENGIE has signed in Shanghai an Agreement for a 30% equity investment through a capital increase in UNISUN, a PV company. Since 2014, UNISUN has successfully developed around 500 MW PV projects, showing strong technical capacity. During COP21, China pledged to peak its carbon emissions in 2030 or earlier; the country shall subsequently increase the share of non-fossil energy from 13% to 20% in its energy mix by then.

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Smart Renewable Energy Forum: Digitalization Driving The New Energy World

Carbon, Solar, Technology

The digital transformation in the energy industry has fundamentally changed the electricity landscape. In the future, the energy supply will be ensured by a range of renewable energy plants, storage systems and consumers acting as prosumers. The Smart Renewable Energy Forum at Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, is, therefore, focusing on new concepts and technologies for digital networking along the energy value-added chain from May 31–June 2.

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Overall Investment Down But Global Renewable Capacity Surges To Record Levels

Carbon, Region, Solar, Wind

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.

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