Policy

India: Increased Commitment By Government Drives Demand For Solar Inverters

Asia Pacific, Deals & Finance, Policy, Solar, Technology

SMA has announced that it sold more than 1GW of solar inverters into all market segments in India in 2017. SMA inverter sales in the commercial sector have doubled compared to last year, corresponding to a market share of 30%. In total, the installed SMA inverter base in India exceeds 3 gigawatts. “India is one of the key markets for SMA in the Asia Pacific region. In the last 3 years, we have seen strong commitment from the Indian government driving growing market demand in the solar sector”.

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Renewables Provide 17.8% Of Total US Electricity. Solar Now 2.0% And Wind 6.0%

Americas, Biomass, Geothermal, Hydro, Policy

According to the latest issue of the U.S. Energy Information Administration’s (EIA) “Electric Power Monthly” report, U.S. electrical generation from renewable energy sources (i.e., biomass, geothermal, hydropower, solar – inc. distributed solar, wind) rose by 14.69% during the first three-quarters of 2017 compared to the same period in 2016. Simultaneously, electrical generation by fossil fuels and nuclear power combined declined by 5.41%. Nuclear power and coal both dropped by 1.5%, natural gas (including “other” gas) was down by 10.7%, and oil (i.e., petroleum liquids and petroleum coke) plunged by 17.1%.

Renewables Provide 17.8% Of Total US Electricity. Solar Now 2.0% And Wind 6.0% Read More »

African Rise: VINCI Energies Wins Contract To Build 8 PV Power Plants In Senegal

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

VINCI Energies has won a project that could be at the spearhead of many other similar projects for EU, Chinese and US firms. A €26.8m contract for 8 pv power plants with a combined capacity of 17 MW, to be built over a period of only 10 months. Strategically the project will diversify Senegal’s energy mix and electrify the country’s isolated regions. The power plants will use 62,850 panels overall and produce the annual energy consumption for 140,000 people. The project represents a €26.8 million investment, financed by the German bank KFW and Senelec.

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BNEF: Countries, Rich And Poor, Should Renew Efforts To Fulfil Paris Pledges

Americas, Asia Pacific, Europe/Middle East/Africa, Head Lines, Policy

The Paris Agreement brought 195 countries together to agree on the urgency of addressing climate change. The accord showed its resilience when world leaders collectively condemned plans by the U.S. to withdraw from the pact. Yet Paris can only be judged a success when its signatories follow through on their promises. For wealthier nations, this means fulfilling the promise first made at Copenhagen to provide financial assistance to lesser developed countries. For non-OECD nations, this means adopting detailed clean energy policy measures shown to build investor confidence.

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CDP Highlights Enel As Global Leader: Meeting Energy, Carbon, Climate Challenges

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

Enel has been admitted for the second year in a row in the Climate A list of global environmental disclosure platform CDP, which comprises companies from around the world that have been identified as global leaders in corporate response to climate change. CDP recognised Enel’s actions to cut emissions, mitigate climate risks and develop the low-carbon economy. “The inclusion in this prestigious list further confirms our contribution to the fight against climate change, one of the most pressing challenges the world faces today and which requires full engagement from corporate players,” said Francesco Starace, Enel Group CEO.

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Energy And Corporate Leaders Declare Wind And Solar Can Power Business In Europe

Energy, Europe/Middle East/Africa, Policy

The private sector accounts for around half of the electricity consumption in Europe. Powering corporate consumers with renewable energy could deliver massive reductions in CO2 emissions, save businesses money and make it easier for people to invest in renewables. Large energy consumers such as chemical and aluminium producers, ICT and food & drink companies gathered recently in Brussels with renewable energy producers to consider how to unlock this potential. The RE-Source 2017 event brought together industry leaders such as Google, Mars, IKEA and Alcoa with energy players EDF Energies Nouvelles, ENEL Green Power, Envision and Vestas with policymakers.

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Grids Integration, Energy Networks Boosted By Distributed Generation Growth

Carbon, Efficiency, Policy

Renewable energy has continued to develop at ever increasing rates, with remarkable growth seen since the start of this decade. The pace of the energy transition is driving innovation and growth in related sectors. For energy networks and grids integrating small gas turbines, micro-turbines, fuel cells, biomass, small hydropower, wind and solar energy; distributed generation installation provides significant solutions in the restructured electricity regime. This is particularly so, where there is a larger uncertainty in demand and supply.

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Small Island States Drive To Scale-Up Clean Energy And Address Climate Change

Asia Pacific, Carbon, Policy, Solar

Ministers and officials representing 30 countries and organizations met in Malé, Maldives, signalling the determination of small island developing states (SIDS) to strengthen global efforts to address climate change and accelerate renewable energy deployment. “In the wake of a deadly hurricane season in the Caribbean and at a time when the resolve to tackle the climate crisis has been called into question, small islands are sending the world a clear message: we are seizing the promise of renewable energy to grow our economies today and build a better future for tomorrow,” said Thoriq Ibrahim, Energy and Environment Minister for the Maldives and Chair of Alliance of Small Island States.

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Uganda Inaugurates Breakthrough Tororo PV Plant. A Future Model For Africa?

Europe/Middle East/Africa, Head Lines, Policy

Production has commenced at the Tororo PV power plant; which, with 16 GWh of renewable energy generated annually, will cater for the energy requirements of 35,838 people and help reduce CO2 emissions by 7,200 tons. Overall, $19.6 million was invested to build the 10 MWp plant, with the engagement of several major organisations including KfW and FMO Development Banks, the World Bank and the EU. Attilio Pacifici, EU Ambassador said, “One of the key objectives of this plan is to encourage private sector participation in higher risk investments and we’re happy to demonstrate that Uganda is well positioned to be successful and a good model for replication.”

Uganda Inaugurates Breakthrough Tororo PV Plant. A Future Model For Africa? Read More »

Wind Energy Has The Potential To Provide 30% Of Europe’s Power By 2030

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

Wind energy has the potential to provide up to 30% of Europe’s power by 2030 according to reports by WindEurope. These state that Europe is on course for an average installation rate of 12.6 GW per year in the years up to 2020, taking it to a total of 204 GW by 2020. By this date wind would be Europe’s largest renewable energy source, surpassing hydro and providing 16.5% of it’s electricity demand. The growth is concentrated in six countries, with Eastern Europe, a platform for growth beyond 2020.

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