Preview Newsletter
SFCE Oct 29
-
Press Release - SFCE signs strategic cooperation agreement with Chongqing Road & Bridge Co., Ltd
Oct 29, 2015 | PV Magazine
Shunfeng International Clean Energy Limited today announced the signing of a strategic cooperation agreement with Chongqing Road & Bridge Co., Ltd. -
Solar Power Deals and Company News
Oct 29, 2015 | Recharge
...Shunfeng International Clean Energy, owner of Suntech, has completed its first high-profile project under a new strategy that will see it offering a “medley of solutions” to building owners looking to lower their power bills and carbon emissions. The Hong Qiao International School in Shanghai hired Shunfeng to install a variety... -
ADB supports Indian renewables with USD-200m loan
Oct 28, 2015 | See News Renewables
By Militsa Mancheva
The Indian government has signed a USD-200-million (EUR 181.3m) credit facility with the Asian Development Bank (ADB) in support of multiple renewable energy projects in the country, the lender said Wednesday. The loan will be provided to state-owned non-bank financial institution, the Renewable Energy Development... -
Portable renewable energy systems present green alternative
Oct 28, 2015 | PV Magazine
Portable renewable energy systems are standalone devices powered by alternative energy such as solar and wind. This makes them a safer, lightweight and more environmentally-friendly alternative to traditional diesel and gas gensets. Traditional gensets require constant refuelling and contribute to local air pollution due to sizeable... -
Dong to Build World's Biggest Offshore Wind Farm in U.K. Waters
Oct 29, 2015 | BNA Daily Environment Report
By Alex Morales
Dong Energy is planning to build the world's biggest offshore wind farm in the Irish Sea, capable of powering almost half a million homes. The 660-megawatt Walney Extension project will use turbines from MHI Vestas Offshore Wind and Siemens AG, the Fredericia, Denmark–based Dong said Oct. 28 in a statement on its website. -
Poland Could Increase Renewable Energy Generation Nearly Five-Fold By 2030
Oct 28, 2015 | Clean Technica
By Joshua S Hill
Poland could increase its share of renewable energy electricity generation nearly five-fold by 2030, according to a new report. Published by the International Renewable Energy Agency (IRENA), the new report, REmap 2030 Renewable Energy Prospects for Poland, concluded that Poland could increase... -
A New Caribbean Center for Green Energy
Oct 28, 2015 | Caribbean Journal
The Caribbean Centre for Renewable Energy and Energy Efficiency has officially opened its doors in Barbados. Barbados Prime Minister Freundel Stuart was on hand to inaugurate the facility, which is located at the Lloyd Erskine Sandiford Centre. “The harsh reality is that with...
Press Release - SFCE signs strategic cooperation agreement with Chongqing Road & Bridge Co., Ltd
SFCE News
Industry News
Full Text of Stories Below
-
Press Release - SFCE signs strategic cooperation agreement with Chongqing Road & Bridge Co., Ltd
Oct 29, 2015 | PV Magazine
Shunfeng International Clean Energy Limited today announced the signing of a strategic cooperation agreement with Chongqing Road & Bridge Co., Ltd.
Both parties will cooperate closely in various fields of clean energy, working together across the entire PV industry value chain, raising the overall operational efficiency of both parties, and enhancing a win-win and sustainable strategic partnership.
According to the strategic cooperation agreement, both parties will jointly leverage capital, technology and management, and start cooperation on the development and transfer of PV power plant projects in accordance with the relevant regulations. At the same time, both parties will collaborate on future implementation of PV power plant projects of a certain scale.
"I am very excited for the strategic cooperation agreement with Chongqing Road & Bridge," says Eric Luo, SFCE CEO. "Against the backdrop of changes in global energy landscape, and in line with the national industrial policy in the new energy sector, SFCE is initiating a strategic transformation of the company's solar business to focus on the provision of comprehensive solutions for PV power plants. This will include investment, development, construction, O&M services, as well as ownership and transfer. This new strategic approach will enable sustainable robust growth for SFCE's long-term O&M services. We will continue to discuss with Chongqing Road & Bridge proactively to reach a win-win, formal cooperation agreement with them as soon as possible."
PV Magazine: http://www.pv-magazine.com/services/press-releases/details/beitrag/sfce-signs-strategic-cooperation-agreement-with-chongqing-road--bridge-co--ltd_100021764/#ixzz3pxJc6mgf
PR Newswire: http://www.prnewswire.com/news-releases/sfce-signs-strategic-cooperation-agreement-with-chongqing-road--bridge-co-ltd-300168601.html
-
Solar Power Deals and Company News
Oct 29, 2015 | Recharge
Deals and company news from the global solar sector this weekTrina Solar has signed a five-year strategic cooperation agreement with CITIC Financial Leasing, in addition to a separate three-year strategic cooperation arrangement with CITIC Bank. The deals will provide the Chinese solar manufacturer with a range of tailored financial products and services, according to an online statement. Changzhou-based Trina will also gain access to a 5bn yuan ($786.2m) credit facility from CITIC Financial Leasing, which it will use to cover equipment upgrades and finance the development of solar projects. CITIC Changzhou will also offer Trina an additional 5bn yuan credit line for trade financing, particularly short-, medium- and long-term loans, as well as foreign currency loans.
First Solar has connected the first two blocks of its 141MW (ac) Luz del Norte PV project north of Copiapo to the Chilean central grid. It is due to enter full commercial operation by January and will become the largest solar facility in Latin America. First Solar is seeking a long-term off-taker for the power now sold on the open market. The company has opened an office in Santiago and is rapidly expanding regional operations.
Sunrun, the third largest installer of rooftop PV in the US, said it has surpassed 100,000 active home solar customers. That compares to the 262,495 customers that sector leader SolarCity had at the end of the second quarter. Like SolarCity, Sunrun installs PV systems for customers and then rakes in revenues through long-term solar leases and PPAs. Sunrun, which went public in August, is the largest residential-only solar company in the US. Both SolarCity and Vivint Solar are larger, but they target the C&I market in addition to residential properties.
IKEA will install a 1.14MW PV system on the roof of a store it is building in Las Vegas – its 43rd US solar project. The home furnishings giant owns and operates each system, as opposed to a solar lease or power purchase agreement models popular among some other retailers. At the end of this year, it will have invested $1.9bn in renewable energy worldwide including ownership of 104 utility-scale wind turbines to help power operations in the US.
Daniel Lee has resigned as chief financial officer of ReneSola. Maggie Ma, vice president of financial control, will take over the position until a permanent replacement is found, according to an online statement. The NYSE-listed PV module supplier said that Lee's departure was not connected to any operational, accounting or financial issues.
A joint venture between Kyocera and property firm Century Tokyo Leasing has started building a 28MW solar array in northern Japan. Kyocera TCL Solar will install Kyocera’s 270W solar panels at a site in Kurokawa, Miyagi prefecture, according to an emailed statement. Upon completion in July 2018, the array will annually generate enough power to serve roughly 9,800 homes. The electricity will be sold to regional utility Tohoku Electric Power. Kyocera TCL Solar, which was set up in August 2012, currently has about 50.7MW of PV capacity in operation at 29 sites throughout Japan.
Marubeni has announced the completion of a 29.8MW solar array in northern Japan. The project — situated on a 48-hectare plot of land in Tomakomai, Hokkaido — went into commercial operation earlier this month. It will annually generate enough electricity to cater to the needs of 9,000 homes, according to an online statement. The Tokyo-based conglomerate did not reveal the PV module supplier.
Blue Earth will acquire the 13MW (dc) Moores Hallow Solar PV project in southeast Oregon from a subsidiary of Pacific Northwest Solar based in Portland. Construction is due to begin in early first quarter 2016 with commercial start in late third quarter. Idaho Power Company will purchase the power. Blue Earth, with headquarters in Nevada, is negotiating purchase of five other PV projects totaling 44MW (dc) from Pacific Northwest Solar.
Hive Energy, the UK-based solar developer, opened a new regional headquarters in Turkey and outlined plans to build 50MW of PV in the country. With 10-year PPAs at $0.133/kWh on offer in the country, the Turkish solar market is economically viable, the company says. The Turkish market will benefit from the country’s high level of insolation and growing demand for electricity, says Hive chief executive Giles Redpath. Hive’s new office in Ankara will be headed up by Tolga Metin, an experienced local player. The Turkish government, which wants 3GW of PV built by 2023, is highly supportive of renewables and eager to cut energy imports. “Turkey represents the next exciting opportunity for solar in Europe,” says Redpath.
Panasonic has announced plans to start selling its “eneloop" solar storage solution throughout Asia and Africa in November. The system pairs nickel-metal hydride batteries with 15W solar panels to provide nighttime LED lighting in areas with poor electricity access. The Osaka-based group plans to sell the units in Ethiopia, Tanzania, Myanmar, Vietnam, Indonesia, Thailand and the Philippines, according to an online statement.
SunPower, the second largest US-based PV manufacturer, launched its new “Helix” platform, which combines PV panels, mounting hardware, and monitoring software for customers in the commercial and industrial (C&I) market. The Helix package includes a “plug-and-play power station” and software that quantifies real-time demand charge savings, all aimed at making it quicker, cheaper and more beneficial for C&I customers to install SunPower kits on their rooftops. Bed Bath & Beyond – an existing SunPower customer, with 17.5MW of capacity already installed – will become the first major user of the Helix platform, with kits to be installed atop eight stores in early 2016. C&I clients like Bed Bath & Beyond represent the smallest of California-based SunPower’s three primary business segments, alongside utility-scale power plants and residential customers.
Japan’s Solar Frontier sold its under-construction 15MW Morelos del Sol PV project in southern California to Southern Power and Turner Renewable Energy, as it continues to make strides in the US market. The project, due for completion next month, is being built using Solar Frontier’s thin-film CIS modules on single-axis trackers. Solar Frontier claims to have nine projects under development in the US, having earlier this year acquired a pipeline from Spain’s Gestamp. But the company does not intend to become a major developer, an executive told Recharge recently. Instead, it will use its US projects to demonstrate the effectiveness of its unique modules and its growing base of balance-of-plant partners.
Shunfeng International Clean Energy, owner of Suntech, has completed its first high-profile project under a new strategy that will see it offering a “medley of solutions” to building owners looking to lower their power bills and carbon emissions. The Hong Qiao International School in Shanghai hired Shunfeng to install a variety of technologies offered by its stable of subsidiaries, from rooftop PV to ground-source heat pumps to LED lighting. As a result, the school’s energy costs will be halved and its carbon emissions shrunk by two-thirds. “The unveiling of the school truly marks the start of a new age for clean energy,” says Shunfeng chief executive Eric Luo. Shunfeng will profit through a 25-year “energy management contract” with the school. Such contracts will be one of the Hong Kong-listed company’s central pillars going forward, Luo told Recharge last month. Shunfeng has meanwhile reined in some of its ambitions for developing, building and owning large renewable-power plants across China.
Link: http://www.rechargenews.com/solar/1414975/solar-power-deals-and-company-news
-
ADB supports Indian renewables with USD-200m loan
Oct 28, 2015 | See News Renewables
By Militsa Mancheva
The Indian government has signed a USD-200-million (EUR 181.3m) credit facility with the Asian Development Bank (ADB) in support of multiple renewable energy projects in the country, the lender said Wednesday.
The loan will be provided to state-owned non-bank financial institution, the Renewable Energy Development Agency (IREDA), which will then lend portions of it to eligible wind, photovoltaic (PV), biomass, hydropower and cogeneration schemes. IREDA falls under the administration of the Ministry of New and Renewable Energy.
The credit line represents the first portion of a USD-500-million multi-tranche financing facility (MFF) to IREDA for its Clean Energy Finance Investment Programme, which focuses on utilising public sector resources to spur private investments in renewable energy sub-projects, ADB explained. The scheme is also expected to attract some USD 300 million in equity and other investments from sponsors along with at least USD 200 million of additional debt funds from unrestricted sources. All in all, the USD-1-billion programme can support roughly 990 MW of green capacity.
The current funds can meet as much as 50% of the debt finance cost of 10 or more projects, depending on their capacity, ADB India country director Teresa Kho noted. “ADB’s loan will help the government scale-up renewable energy infrastructure by facilitating investments in projects that will balance the objectives of growth, climate change, and energy security,” she added.
(USD 1.0 = EUR 0.906)
Link: http://renewables.seenews.com/news/adb-supports-indian-renewables-with-usd-200m-loan-499203
-
Portable renewable energy systems present green alternative
Oct 28, 2015 | PV Magazine
Portable renewable energy systems are standalone devices powered by alternative energy such as solar and wind. This makes them a safer, lightweight and more environmentally-friendly alternative to traditional diesel and gas gensets. Traditional gensets require constant refuelling and contribute to local air pollution due to sizeable toxic emissions. However, they have also gained the trust of end users over the last 50 years. As a result, portable renewable energy systems, despite their many benefits, are unlikely to rapidly replace the entrenched diesel and gas genset solutions.
New analysis from Frost & Sullivan, Innovations in Portable Renewable Energy and Its Impact on Key Sectors, confirms that the advantages provided by portable renewable power systems can address the specific needs of the military, civilian (consumer electronics, residential and humanitarian effort) and industrial sectors. In the military sector, for instance, portable renewable technology could meet the industry's stringent requirements related to safety and weight.
End users still doubt the reliability and operability of nascent portable renewable energy solutions and are discouraged by its cost; the price of portable solar power technologies is 10 times that of portable battery packs."The most effective technology management strategy for the portable renewable power market would be acquisitions and partnerships," said TechVision Research Associate Hafiz Amin. "Acquisitions and partnerships, such as Hanergy's purchase of Global Solar Energy, will allow portable renewable energy companies to leverage the knowledge and expertise of their partners to strengthen their value proposition in the market."
"For now, solar power dominates the portable renewable energy market, followed by wind power," added Amin. "The rise of portable solar power is primarily due to the availability of thin film solar cells, specifically second-generation solar cells, which include amorphous silicon, copper indium gallium selenide and cadmium telluride solar cells."
Innovations in Portable Renewable Energy and Its Impact on Key Sectors, a part of the TechVision (http://ww2.frost.com/research/technology/sustainable-energy) subscription, gives a snapshot of the industry landscape, end user needs, and recent technology innovations in the portable renewable energy market. It details the application potential of portable renewable energy in the military, civilian and industrial sectors and identifies key patents and market participants.
TechVision is an international technology analysis business that produces a variety of technical news alerts, newsletters, and research services.
Link: http://www.pv-magazine.com/services/press-releases/details/beitrag/portable-renewable-energy-systems-present-green-alternative_100021752/#axzz3prbHcLjs
-
Dong to Build World's Biggest Offshore Wind Farm in U.K. Waters
Oct 29, 2015 | BNA Daily Environment Report
By Alex Morales
Dong Energy is planning to build the world's biggest offshore wind farm in the Irish Sea, capable of powering almost half a million homes.
The 660-megawatt Walney Extension project will use turbines from MHI Vestas Offshore Wind and Siemens AG, the Fredericia, Denmark–based Dong said Oct. 28 in a statement on its website. It is expected to be complete in 2018 and surpass the current record-holder, the 630-megawatt London Array, another Dong project.
The U.K. is banking on offshore wind to help meet its goals to reduce carbon emissions and boost its use of renewable power sources. It largely has been spared subsidy cuts that have affected other clean technologies since Prime Minister David Cameron's Conservative Party won the general election in May. Since then, the government has announced plans to pare assistance to onshore wind, solar and biomass projects, while saying it is committed to meeting Britain's binding targets.
“British offshore wind has seen phenomenal growth in recent years,” Samuel Leupold, a vice president at Dong, said in the statement. “A prerequisite for long-term growth in the industry is that offshore wind eventually can compete on costs with other energy technologies. Building Walney Extension will bring us one step closer to that target.”
Dong, the world's largest developer of offshore wind power, plans to install 40 MHI Vestas 8-megawatt turbines and 47 Siemens 7-megawatt machines, according to the statement. The project will provide enough electricity to power 460,000 U.K. homes.
The company expects to have 6.5 gigawatts of offshore wind capacity by 2020. Including the Walney Extension, Dong has about 2.1 gigawatts of projects in construction in the U.K. and Germany, which would bring its total to 5.1 gigawatts of capacity.
The project, owned by Dong, is an extension to the existing 367 megawatt Walney 1 and Walney 2 wind farms, in which the company holds a 50.1 percent stake.
Link (subscription): http://news.bna.com/deln/DELNWB/split_display.adp?fedfid=78294431&vname=dennotallissues&fn=78294431&jd=78294431
-
Poland Could Increase Renewable Energy Generation Nearly Five-Fold By 2030
Oct 28, 2015 | Clean Technica
By Joshua S Hill
Poland could increase its share of renewable energy electricity generation nearly five-fold by 2030, according to a new report.
Published by the International Renewable Energy Agency (IRENA), the new report, REmap 2030 Renewable Energy Prospects for Poland, concluded that Poland could increase its share of renewable energy in the country’s power generation mix from 7% in 2010 to nearly 38% in 2030, as well as increasing its total final energy consumption more than double to nearly 25% by 2030.
“As one of the European Union’s largest energy users, Poland plays a critical role in fulfilling the region’s energy and climate goals,” said Adnan Z. Amin, Director-General of IRENA. “Even in a country like Poland with cheap fossil-fuel based sources, renewable energy can be cost-competitive, reduce air pollution, enhance energy security, benefit the economy, and play a leading role in fighting climate change.”
As seen below, current policies will only see renewable energy increase to 15.5% in Poland’s total final energy consumption by 2030. This is made up of 19.2% power generation, 10.7% district heat generation, 15.0% for industry & agriculture, 22.5% in buildings, and 7.4% for transport.
Renewable energy share in total final energy consumption (TFEC), 2010 and 2030
However, under scenarios presented in the report, this can increase significantly over the next 15 years if Poland’s government increases the importance of renewable energy policies. Specifically, REmap 2030 estimates that Poland’s renewable energy share of total final energy consumption could reach 25% if investments double to $4.5 billion per year. In doing so, not only will renewable energy share increase, but carbon dioxide emissions will shrink, and according to REmap 2030, such emissions decreases could save $2 billion per year by 2030, when taking into account externalities like health and environmental costs.
Biomass and wind make up the predominant technologies likely to bring Poland to these loftier renewable energy heights, though Poland’s grid needs to be updated to ensure that the increase in fluctuating renewable energy power can be accounted for safely and efficiently.
Link: http://cleantechnica.com/2015/10/28/poland-increase-renewable-energy-generation-nearly-five-fold-2030/
-
A New Caribbean Center for Green Energy
Oct 28, 2015 | Caribbean Journal
The Caribbean Centre for Renewable Energy and Energy Efficiency has officially opened its doors in Barbados.
Barbados Prime Minister Freundel Stuart was on hand to inaugurate the facility, which is located at the Lloyd Erskine Sandiford Centre.
“The harsh reality is that with the exception of Trinidad and Tobago, Caribbean countries import 90 per cent of our energy which, because of our reliance on oil, and the volatility in the international oil market, limits our competitiveness as a region and acts as a brake on economic growth,” Stuart said.
Indeed, around 20 percent of the Caribbean region’s gross domestic product is spent on petroleum imports.
“We in the Caribbean region are painfully aware of these limitations, for every day we bear the burden of being susceptible to the vagaries of international oil prices, being net importers of petroleum products,” he said.
The CCREE will be a specialized institution aiming at developing renewable resources in the region, along with focusing on issues like energy security and climate change mitigation.
Stuart said it would be the “coordinating regional hub and think tank” for green energy issues and activities.
“This facility will contribute to the global 2030 objectives of the Sustainable Energy For All (SE4ALL) Initiative, and will assist both in improving energy security and in mitigation of the negative externalities of regional energy systems,” he said.
Link: http://caribjournal.com/2015/10/28/a-new-caribbean-center-for-green-energy/#
Press Release - SFCE signs strategic cooperation agreement with Chongqing Road & Bridge Co., Ltd
SFCE News
Industry News
Full Text of Stories Below
Add recipients
Suggested