Policy

Today, Every Fifth Utility Company In Germany Offers Photovoltaics To Households

Carbon, Energy, Europe/Middle East/Africa, Policy, Solar

The energy transition is changing the face of the energy market and its stakeholders. For utilities, this process also means a restructuring that will affect all areas. The energy transition involves products and services in the energy efficiency, mobility, electricity and heat sectors. It, therefore, creates numerous opportunities for utilities to grow by coming up with innovative solutions, but it also brings many risks. Customer relationships are changing. Simple power delivery is being replaced by more complex prosumer relationships. The portfolio of utility companies now consists of products such as photovoltaic installations and electrical storage systems, as well as new services in the mobility sector.

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India’s Solar Objectives Get Major Boost with 750MW Rewa Ultra Mega Solar Park

Asia Pacific, Head Lines, Policy, Solar

India’s State Government of Madhya Pradesh has signed agreements making Rewa Ultra Mega Solar Park a reality and helping India get closer to its 100 GW solar energy goal by 2022. IFC, a member of the World Bank Group, is the lead transaction advisor for the project that will mobilise $550 million in private investment and avoid a million tonnes of GHG emissions. The 750 MW capacity project was auctioned in three packages of 250 MW each and will be one of the biggest single site solar projects in the world.

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Intersolar North America In Its 10th Year: Blazing a Trail Where Others Follow

Americas, Carbon, Energy, Policy, Solar

Celebrating its 10-year anniversary, Intersolar North America will once again be the first major solar event of the year. It takes place July 11-13 at the Moscone Center in San Francisco and is co-located with ees North America and SEMICON West. These combined events bring together professionals from the solar, energy storage and semiconductor industries to share knowledge and innovation, network, and accelerate business goals. With its consistent growth to 18,000+ attendees in 2017, Intersolar North America is the most-attended solar event in North America.

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Large-Scale PV Finance Amongst Hot Topics At Intersolar Europe Conference 2017

Europe/Middle East/Africa, Policy, Region, Solar

The increasing number of investments in large-scale PV plant constructions worldwide are raising new questions about the industry. What options are available for financing PV power plants? Which markets will be relevant in the future? What is the role of smart renewable energy, i.e. combining energy generation, storage, and management? Experts are set to discuss these at the Intersolar Europe Conference, taking place in Munich (May 30–31). The event runs alongside Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, (May 31–June 2).

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Can Women Solve The Skills Gap Problem In A Rapidly Growing Clean Energy Sector?

Americas, Asia Pacific, Europe/Middle East/Africa, Policy, Region

Women can and should address the skills gap problem in the rapidly growing clean energy sector – globally. That is the bold declaration from Dr. Nina Skorupska CBE, Chief Executive of the Renewable Energy Association (REA); who addressed a significant consequence of the pace of the global energy transition upon the release of Global Energy Talent Index (GETI), the world’s largest global energy sector skills, recruitment, and employment trends report, released by Energyjobline and Airswift.

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Xcel Files 1,230 MW Wind Proposal Claiming $2.8Bn Customer Savings Over 30 Years

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

Xcel Energy has filed a proposal, seeking approval to construct the 522MW Sagamore wind facility in New Mexico and the 478MW Hale wind facility in Texas, as well as a long-term PPA in Texas for 230MW supplied by the Bonita wind facility. The utility company forecasts that this will save customers located in both states approximately $2.8 billion over a 30-year period, borne from integrating the lower-cost wind energy resources into the company’s energy portfolio. The additional 1,230 MW of wind energy is enough electricity to power more than 440,000 typical homes, according to Xcel.

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World Bank Approves $480m Guarantee As Argentina Drives Towards Clean Energy

Americas, Head Lines, Policy

The World Bank has approved a $480 million guarantee to stimulate investment in clean energy in Argentina. The Bank guarantee will support the Fund for the Development of Renewable Energy (FODER), which facilitates financing of projects under the RenovAr program of the country’s Ministry of Energy and Mining. This initiative seeks to stimulate power generation from wind, solar, biomass, biogas and small-scale hydro sources to achieve the country’s 20 percent renewable energy target by 2025.

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DEWA To Build 97 New Substations To Meet Future Energy Demand

Carbon, Energy, Europe/Middle East/Africa, Policy, Solar

DEWA plans to build 97 new 132/11 kilovolt (kV) substations over the next three years, at a projected cost of AED 10 billion, supporting the directives of its leadership and showing DEWA’s commitment to meeting growing demand for energy in Dubai. The new substations will be located at Hassyan, the Mohammed bin Rashid Al Maktoum Solar Park, and other locations to support the expansion of other power plants in Jebel Ali and Al Aweer.

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Indian Surge Propels Ingeteam To Become Top Supplier Of Wind Power Converters

Head Lines, Policy, Region, Wind

Ingeteam has announced that it achieved a new record year for the deliveries of its wind power converters worldwide. With nearly 5 GW of new capacity added in 2016 alone, a total of 36.5 GW of wind turbines have been equipped with Ingeteam’s technology since 1995, making the Spanish company the world’s number one supplier of wind power converters. Its record performance was particularly impressive in large emerging wind markets, despite intense competition. Deliveries to India and Brazil reached a peak volume of 1,268 MW and 837 MW, respectively, in 2016.

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Renewables Provide 23% Of US Electrical Generation, As Wind, Solar Grow Rapidly

Americas, Geothermal, Head Lines, Hydro, Policy

According to the U.S. Energy Information Administration (EIA); renewables provided 23% Of US electrical generation in 2016, as wind and solar surged with an increase of 23%. Electrical generation by coal dropped by 8.30% and that from petroleum liquids & coke plummeted by 15.37%. (Solar-generated electricity is now more than double that from petroleum sources.) Electrical output attributable to natural gas and other gases increased by just 3.47% while growth in the nuclear power sector was an anaemic 1.02%. Beyond solar, wind, and hydro; geothermal also posted an impressive increase of 9.41% in 2016.

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