Americas

Renewable Energy Generation Investment Surges, Outstripping Coal and Gas

Americas, Asia Pacific, Biomass, Carbon, Europe/Middle East/Africa

In 2015, coal and gas-fired electrical energy generation drew less than half the record investment made in wind, solar and other renewables; one of numerous important firsts for clean energy. For the first time in 2015, developing world investments in renewables surpassed those of developed nations. The renewable market was dominated by wind and solar PV, which added a combined 118GW in generating capacity. Global investments in renewable energy since 2004, now total $2.3 trillion.

Renewable Energy Generation Investment Surges, Outstripping Coal and Gas Read More »

Canadian Solar Connects Six Solar Power Plants And Exceeds 100MWp In UK

Americas, Deals & Finance, Europe/Middle East/Africa, Solar

Canadian Solar Inc., one of the world’s largest solar power companies, has announced that it has connected an additional six solar power plants, totaling 39.4MWp to the grid, bringing its total fleet of solar power plants in commercial operation in the United Kingdom to approximately 103.0MWp. The six solar power plants were connected to the grid in March 2016 under the Renewable Obligations Certificate (ROC) program. In the past 14 years, the company has successfully deployed over 14 GW of premium quality modules in over 90 countries around the world.

Canadian Solar Connects Six Solar Power Plants And Exceeds 100MWp In UK Read More »

Earth Day Call For Vision And Courage To Meet Climate Targets

Americas, Asia Pacific, Biomass, Carbon, Europe/Middle East/Africa

The Global CCS Institute has called for urgent action to address carbon dioxide (CO2) emissions through proven carbon capture and storage (CCS) technology. With 155 countries indicating their intention to sign the historic Paris COP21 agreement, Page calls upon them to “reduce emissions from every possible sector of the global economy – urgently and without bias,”. “All low carbon technologies must be part of the conversation – including renewables, nuclear power, energy efficiency, and CCS.

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Concord Blue, Lockheed Martin Pen $43m Contract For 5MW Energy From Waste Plant

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

Five thousand homes and businesses in Herten, Germany, will soon benefit from a clean, renewable energy source as Lockheed Martin and Concord Blue begin phase two of a new power generation facility that will transform waste into energy. Under phase two, Concord Blue has awarded Lockheed Martin Energy a $43 million contract to proceed with all

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SolarCity, Credit Suisse Agree $150m For US Solar And Battery Storage Deployment

Americas, Deals & Finance, Head Lines, Technology

SolarCity Corporation has announced has announced a new $150 million non-recourse financing facility with Credit Suisse to support the deployment of commercial solar energy systems—including battery storage systems—for businesses, schools and government organizations across the United States. “Our asset portfolio enables us to continually bring in new capital from top tier institutional and corporate investors,” said Jeff Munson, Director, Structured Finance, of SolarCity.

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Mexico: Envision and ViveEnergia Awarded PPC For 90MW Wind Farm

Americas, Asia Pacific, Deals & Finance, Wind

Envision Energy, the world’s leading smart energy solution provider, and ViveEnergia, a Mexican company developing renewable energy projects, were awarded a long-term power purchasing contract with the Mexican Federal Electricity Commission (CFE). The strategic agreement signed in 2015 between Envision and ViveEnergia represented China’s largest direct investment in Mexico in the sector.

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Strong Growth For Solar PV In Turkey Expected In 2016 and 2017

Americas, Energy, Europe/Middle East/Africa, Head Lines

In 2016 and 2017, an increased number of large-scale projects with more than one MW capacity are expected to receive approval. The first installment for the licensed large-scale plants is 600 MW. American company, First Solar; the world’s leading plant engineering, procurement and construction (EPC) contractor has now secured interconnection rights for three planned PV plants in southern Turkey, powering 14,000 homes upon completion.

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DTE Energy Transforms Detroit Brownfield Land Into Solar Power Array

Americas, Deals & Finance, Head Lines

DTE Energy, Michigan’s leading provider of and investor in solar energy, has received approval from the Detroit City Council to develop one of the largest urban solar power arrays in the country on a 10-acre vacant parcel of land in Detroit. The project will generate more than $1 million in tax revenue for the City over the life of the 20-year lease and will produce enough clean energy to power nearly 450 homes. DTE plans to begin construction on the project in May, with completion scheduled for the end of 2016.

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Reliable, Affordable and Clean Energy: SDG&E Announces Major Contracts

Americas, Biomass, Efficiency, Most Popular

San Diego Gas & Electric (SDG&E) has signed a 20MW energy storage facility agreement, capable of storing enough electricity to power 28,000 homes for up to 4 hours. The project can store supplies of solar, wind and other resources when they are abundant and inexpensive, releasing this during peak hours when customer demand is high. The company also signed an 18.5MW energy efficiency agreement. Both contracts aim to provide customers with reliable, affordable and clean energy.

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