Head Lines

Invenergy, GE Renewable Energy Announce 2GW Facility: Largest Wind Farm In US

Americas, Deals & Finance, Head Lines, Wind

Invenergy and GE Renewable Energy have announced a 2GW wind farm that will be the largest in the U.S. and second-largest in the world, once operational, in 2020. The Wind Catcher facility is under construction in the Oklahoma panhandle and will use 800 state-of-the-art GE 2.5 MW turbines. It will link more than 1.1 million customers with wind energy harvested domestically, saving them more than $7 billion, and will support 4,000 direct and 4,400 indirect jobs annually during construction and 80 permanent jobs once operational. “Wind Catcher shows American leadership in bringing low-cost clean energy to market at Giga scale,” said Invenergy’s Founder and CEO Michael Polsky.

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Vestas Seals Massive 557 MW Fleet-Wide Service Deal in Australia with Infigen

Asia Pacific, Deals & Finance, Head Lines, Wind

Infigen Energy and Vestas have signed fleet-wide long-term service agreements for 557 MW of Vestas and Suzlon turbines. With the deal, Vestas will provide maintenance to Infigen’s entire operating fleet until the end of their design life, including all their Suzlon turbines.
The agreements are effective from 1 January 2018 for a period of between 7 and 15 years, depending on the wind park. “Vestas has a proven track record, developed over many years, for delivering high-quality service and optimal asset performance”, said Ross Rolfe, Infigen’s Managing Director.

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Next Generation Of Methanol Fuel Cell Vehicles See The Light Of Day

Head Lines, Technology

With the aim to develop a cost efficient and environmentally friendly vehicle, the Danish methanol fuel cell manufacturer SerEnergy is now launching a commercial reformed methanol fuel cell vehicle with a driving range up to 800 km on a tank of methanol. The engineers and mechanics at SerEnergy’s mobility development centre, located in Aalborg, Denmark, has developed a reformed methanol fuel cell (RMFC) vehicle based on the Nissan e-NV200 electric car platform, a car that is being sold in large numbers worldwide.

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Indian Firm Wins 1.8GW Sweihan Order; The Largest Solar PV Project In The World

Asia Pacific, Deals & Finance, Head Lines

Indian company Sterling and Wilson has won the contract for the world’s largest single location solar PV project. The Sweihan project in Abu Dhabi is for turnkey EPC as well as O&M; and is jointly developed by Japanese investment firm Marubeni, Chinese solar company Jinko Solar, and Abu Dhabi Water and Electricity Authority (ADWEA). It will deliver a capacity of 1177 MWp, surpassing the current largest 850 MWp single location plant in China. In March 2017, Marubeni and Jinko had signed a 25-year PPA with ADWEA on a tariff of $0.0242/kWh, making Sweihan also the plant with the lowest electricity price so far.

Indian Firm Wins 1.8GW Sweihan Order; The Largest Solar PV Project In The World Read More »

Solar Power Exceeds Wind Installations; Can Surpass 80GW In 2017, 1TW In 2021

Energy, Europe/Middle East/Africa, Head Lines, Policy, Solar

SolarPower Europe (SPE) has launched the ‘Global Market Outlook for Solar Power 2017-2021.’ The report confirms 2016 as another record year for solar, with global annual additions for solar growing by 50% with 76.6 GW installed. There’s now a total worldwide solar power generation capacity of 306.5 GW. James Watson, CEO of SPE said: “When looking at solar, the cost reductions experienced and predicted outstrip all other power generation technologies. Today, utility-scale solar is already cheaper than new gas, coal and nuclear power plants.”

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US: Clean Energy Now Providing More Electricity Than Nuclear For The First Time

Carbon, Energy, Head Lines, Solar, Wind

The latest issue of the U.S. Energy Information’s (EIA) “Electric Power Monthly” reveals that – for the first time since the beginning of the nuclear era – renewable energy sources are now providing a greater share of the nation’s electrical generation than nuclear power. “Renewable energy is now surpassing nuclear power, a major milestone in the transformation of the U.S. energy sector,” said Tim Judson, Executive Director of the NIRS. “This gulf will only widen over the next several years, with continued strong growth of renewables and the planned retirement of at least 7% of nuclear capacity by 2025.

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Emerging Markets Catching Up Fast To Germany, UK, China As Top For Investments

Carbon, Deals & Finance, Energy, Head Lines, Region

Allianz Climate and Energy Monitor, which assesses the low-carbon investment climate in G20 countries, has revealed that over the past year, most G20 states improved low-carbon energy investments conditions, with several emerging market countries rapidly catching up to the leaders. Policies supporting solar and wind investments are starting to pay off and India, South Africa, Brazil and Indonesia emerge as high-need hotspots for renewable energy investments. The rapid development of the renewable energy sector is a crucial success factor for meeting the Paris climate goals.

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EDF, Canadian Solar Join Forces For One Of The Largest Solar Projects In LATAM

Americas, Deals & Finance, Head Lines, Solar

EDF Energies Nouvelles has acquired an 80% interest in the Pirapora II PV project (115 MWp) from Canadian Solar Inc., which is retaining a 20% stake and manufacturing the PV panels locally. It marks the latest step by EDF in Brazil’s renewable energy sector. With this addition, it now has 489 MW under construction, consisting of 183 MW (wind) and 306 MWp (solar). The project is located close to Pirapora I (191 MWp), also jointly owned by both companies. With a total installed capacity of over 300 MWp, the energy generated by both projects will cover the annual electricity consumption of 323,000 Brazilian homes.

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Industry, Political Leaders United In Opposition To Trump’s 2018 Budget Slasher

Americas, Carbon, Head Lines

The Trump administration has released its fiscal year 2018 budget proposal, which includes significant cuts to the DOE and EPA. Already, industry and political leaders are speaking out in response, as their fears are confirmed. The budget would make huge cuts in renewable energy research and eliminate agencies within the DOE that fund energy technology projects. Across the spectrum, many are voicing that the cuts could potentially ‘devastate’ an emerging economic sector, whilst also damaging its future prospects with major cuts to groundbreaking renewables research.

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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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