Head Lines

New $1Bn Wind Project: Part Of Alliant Energy’s Vision For Clean Energy In Iowa

Americas, Deals & Finance, Energy, Head Lines, Wind

Iowans will soon see a significant increase in clean, economical wind generation from Alliant Energy. Alliant Energy CEO Patricia Kampling and Gov. Terry Branstad announced the utility will invest approximately $1 billion to expand its wind energy operations in the state. In the 25 year period to 2030, Alliant Energy is targeting a 40% reduction in carbon dioxide emissions. In addition, the project will generate tens of millions of dollars in property taxes, and result in more than 1,500 jobs at the height of construction, boosting Iowa’s economy while supporting customers seeking to use more renewable energy.

New $1Bn Wind Project: Part Of Alliant Energy’s Vision For Clean Energy In Iowa Read More »

Looking To The Future, Nagasaki Airport Completes 30MW Solar Power Plant

Asia Pacific, Deals & Finance, Head Lines, Solar

SOL de Omura Minojima Solar Power Plant is the biggest solar installation in Nagasaki and is also one of the biggest in Japan. It is located next to Nagasaki Airport’s 3,000-meter runway and expected to generate approximately 37 gigawatt-hours of electricity per year, equivalent to the annual power consumption of 7,500 households in Japan. The project benefited from the support of regional companies, and electricity generated by the power plant is being sold to Kyushu Electric Power Company.

Looking To The Future, Nagasaki Airport Completes 30MW Solar Power Plant Read More »

Morocco Accelerates With 120MW Vestas Wind Energy Project

Deals & Finance, Europe/Middle East/Africa, Head Lines, Wind

The Khalladi wind park will be the first renewable energy project financed by the European Bank for Reconstruction and Development (EBRD) in Morocco, that allows private producers to sell electricity (through PPAs) to industry. In addition to EBRD, the project is co-financed by the Moroccan bank BMCE and Argan Infrastructure Fund, an Africa-focused infrastructure fund managed by Infra Invest. The contract comprises the supply of the turbines as well as a 20-year service agreement.

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$345 Million Raised By SolarCity In June And July For New Solar Projects

Americas, Deals & Finance, Head Lines, Solar

In addition to the $345 million raised in June and July, SolarCity’s capital markets team has raised more than $1.5 billion in project financing to date in 2016. Investment in rooftop and other small-scale solar is expected to attract $3.4 trillion over the next 25 years, according to Bloomberg New Energy Finance. The company is also evaluating how the installation of the smart inverters and battery storage systems for residential rooftop solar customers can enhance grid stability and power quality.

$345 Million Raised By SolarCity In June And July For New Solar Projects Read More »

East Africa: Mobisol Installs 50,000 Solar Systems, Connects 250,000 Households

Carbon, Europe/Middle East/Africa, Head Lines, Solar

The Berlin-based company’s solar systems are powerful enough to cover the entire electricity needs of average African households. The solar systems are paid off over three years in small instalments and are thus also affordable for low-income customers. Mobisol systems are designed specifically for the African market and come with an extended warranty and comprehensive customer service – including remote maintenance via the well-developed East African mobile network.

East Africa: Mobisol Installs 50,000 Solar Systems, Connects 250,000 Households Read More »

EON Enables Digital Realty To Be 100% Clean Energy Powered

Americas, Carbon, Head Lines, Wind

E.ON and Digital Realty, have announced a long-term agreement to procure energy from the Colbeck’s Corner Wind Farm. The agreement allows Digital Realty to offset 100% of its U.S. colocation and interconnection energy footprint. Colbeck’s Corner is a 200.48 MW wind farm located 37 miles east of Amarillo, Texas. It has 112 GE 1.79-100 turbines that can create enough electricity to power approximately 64,000 homes. E.ON has developed more than 3GW of wind projects in the US since 2005.

EON Enables Digital Realty To Be 100% Clean Energy Powered Read More »

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.”

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

Vivint Solar And Renovate America Combine To Boost Rooftop Solar Access

Americas, Energy, Head Lines, Policy, Solar

Vivint Solar and Renovate America, the leading provider of residential Property Assessed Clean Energy (PACE) financing, are collaborating to expand access to rooftop solar for homeowners. By offering Renovate America’s HERO program as its PACE financing option, Vivint is enabling more homeowners to install solar systems. They can use HERO financing for Solar systems and pay for them over time through their local property taxes. Payments are made at a fixed interest rate for terms of 5 to 20 years, and the interest on the payments may be tax deductible.

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Efficiency Breakthrough In Conversion Of Solar Heat Into Usable Light

Americas, Efficiency, Head Lines, Solar

Since 1961, the Shockley-Queisser Limit has represented an absolute theoretical limit in identifying the efficiency of traditional solar cells in the conversion of energy. A single-layer cell made of silicon, used in the vast majority of today’s solar panels, has an upper limit of about 32 percent. Studies under way to identify whether multiple layers of cells lead to increased overall efficiency by a method known as solar thermophotovoltaics (STPV). In principle, this method of pairing conventional solar cells with added layers of high-tech materials would lead to doubling the theoretical limit of efficiency and double the power from panels.

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Colbún, Total And SunPower Agreement Highlights Clean Energy Growth In Chile

Americas, Carbon, Energy, Head Lines, Solar

Colbún S.A. recently announced the award of 15-year power purchase agreement to Total and SunPower for 500-gigawatt hours (GWh) of photovoltaic solar energy per year and the construction of a 164MW solar power plant. The award was selected from 13 competitive tender bids and submission of more than 20 power purchase agreement alternatives. Colbún is the second largest energy generation company in Chile and owns 23 power stations in its Central Interconnected System (SIC) and one in Peru (SEIN, through which it delivers 3,852MW of the installed capacity.

Colbún, Total And SunPower Agreement Highlights Clean Energy Growth In Chile Read More »

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