Biomass

Ellomay Capital Sees Growth, Investing €200m In Dutch Waste To Energy Projects

Biomass, Deals & Finance, Europe/Middle East/Africa, Region

Ellomay Capital from Israel has signed an agreement with Ludan Engineering, from the Netherlands, to develop €200m ($220m) waste-to-energy projects in Netherlands.As part of the deal, Ellomay will acquire at least 51% interest in each project while Ludan will hold the remaining 49% stake.The deals are subject to the fulfillment of certain conditions, including projects reaching financial close and receiving a subsidy from the Dutch authorities. The overall cost of the projects is estimated to be approximately €200m.

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Danish Investment Fund Acquires $208m, Biomass Fired, UK CHP Power Plant

Biomass, Deals & Finance, Energy, Europe/Middle East/Africa, Head Lines

The fund Copenhagen Infrastructure II and Burmeister & Wain Scandinavian Contractor A/S (BWSC) have acquired 100% of the biomass-fired combined heat and power plant project in Kent, UK. The power plant will have a capacity of 27.8 MW and will be fired primarily with virgin wood sourced locally in the UK. The Fund has also taken the investment decision to construct the project. The total investment in the Kent project will amount to approximately $208m.

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Electricity Generation From Biomass In The US Grows By 15%

Americas, Biomass, Energy

Over the past five years, U.S. electricity generation from biomass across all sectors grew from 56 terawatt-hours (TWh) in 2010 to 64 TWh in 2015. Much of this growth occurred in southern states such as Virginia, Florida, and Georgia. In 2015, electricity generation from biomass across all sectors accounted for 11.3% of renewable electricity generation and 1.6% of total electricity generation in the United States. Nearly half of the electricity generated from biomass in 2015 was at industrial facilities outside of the electric power sector, such as pulp and paper mills. Within the electric power sector, biomass accounted for 6.3% of renewable electricity and 0.8% of total U.S. electricity generation.

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Solar Frontier Powers Device To Recycle Waste And Support Tourism In Bolivia

Americas, Biomass, Carbon, Head Lines, Solar

Solar Frontier has announced that it has provided the solar panels for a solar energy system to Projecto YOSI, an organization working to keep Bolivia’s Salar de Uyuni, the world’s largest salt flats, clean and promote sustainable tourism in the region. Projecto YOSI will use the solar energy system, consisting of 40 solar panels, to power a device to recycle plastic waste into petrol, whilst also helping to address the growing problem of litter in the area. Furthermore, it’s doing so working with the local community.

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U.S Department Of Energy $7m Project Funding For Fuel and Engine Technologies

Americas, Biomass, Carbon, Policy, Technology

The U.S Department of Energy (DOE) has announced up to $7 million in project funding to accelerate the introduction of affordable, scalable, and sustainable high-performance fuels for use in high-efficiency, low-emission engines as part of the Co-Optimization of Fuels and Engines (Co-Optima) initiative.

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UBM Focuses On Indonesia: Launches New Renewable Energy & Energy Efficiency Show

Asia Pacific, Biomass, Efficiency, Energy, Policy

UBM has launched a major Renewable Energy & Energy Efficiency trade show in Indonesia; with an emphasis on optimizing the potential of renewable energy. It also has a strong focus on supporting the sector and contributing to national energy security. Tri Mumpuni – CEO of Institute of Public Business and Economic (IBEKA), attending the press launch of Renewable

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New York State To Generate 50% Of Its Electricity From Clean Energy By 2030

Americas, Biomass, Policy, Solar, Wind

The third-largest state economy in the US will soon obtain half of its electricity needs from renewable energy thanks to a new measure approved by the New York Public Service commission. The Empire State’s new Clean Energy Standard will diversify the state’s electricity by requiring utilities and other energy suppliers to procure over 26 percent of the state’s electricity mix with clean and renewable energy resources, including solar and wind power, in 2017, and over 30 percent by 2021, rising to 50 percent by 2030.

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SoftBank Investment In India Could Exceed $10 billion. Emphasis On Clean Energy

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

With a series of investments in India already, SoftBank claims its investments in the country will exceed $10 billion during the next 5 to 10 years. Masayoshi Son, Chairman, and CEO of SoftBank stated that the Japanese telecom and internet giant will make its first $350 million investment in a solar project in India. “We have already invested US $2 billion and we are interested in investing more,” he said. “India has a great future. We are interested in investing in Internet companies and also in solar energy. We would make strong commitments.”

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Energy Generation: IEA Finds Notable Growth In Renewables, Decline in Coal, Oil

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

The International Energy Agency (IEA) shared that energy generation from renewable energy sources grew by 16% across the 34 nations of the Organization for Economic Cooperation and Development (OECD) in 2015. A 1% decrease in combustible fuels was also noticed; such as coal, gas, and oil, as well as combustible renewables and waste energy sources.

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IT Innovation Essential For Upcoming Grid Integration Challenges Ahead

Biomass, Europe/Middle East/Africa, Head Lines, Technology

Modern IT solutions can act as a catalyst to accelerate the development of renewable energies, as they play a key role in adapting demand to the prevailing sun and wind conditions. Ulrich Dietz, CEO of GFT Technologies AG stated that successful implementation will require huge investments in the intelligent controlling and grid integration of wind and solar power. He believes that, in Germany, in particular, the IT industry can play a significant role in this change by formulating creative solutions. “If we are fast, we can create 50,000 new jobs in this field over the coming years at IT companies alone”. Experts forecast that 25 to 30 billion euros will have to be invested in Germany by 2030 and that the opportunities for German energy technology and the IT industry on the global markets for smart grids are immense.

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