CleanTech Report 2019.04.12

CleanTech Report April 12th 2019

AFRICA

Projects To Improve Energy Infrastructure In West Africa
TD World
ADMS and substation upgrade to increase energy reliability and efficiency.

Burkina Faso: Six Solar Power Plants To Increase Energy Supply By 155 MW
Afrik21
The Burkinabe authorities have just signed agreements with private power producers (IPPs) to develop six solar power plants that will supply a total of 155 MW. The future infrastructure should make it possible to increase the rate of access to electricity in Burkina Faso.

South Africa’s Energy Crisis
Oil Price
South Africa is facing an energy crisis. The once distinguished national public energy provider, Eskom, has been driven to the point of collapse by “years of corruption, incompetence and political meddling”. Under the Presidency of Jacob Zuma, Eskom went from making a billion Rand profit in 2008 to making a 2.3 billion Rand loss. The Eskom crisis has only depressed an already strained economy.

ASIA

ASEAN Green Infrastructure Gets $1 Billion Boost
Out-Law
A $1 billion finance facility to support investment in ‘green’ infrastructure across southeast Asia was announced last week in Thailand.

Malaysia’s Former First Lady Rosmah Mansor Charged With Corruption Over Solar Energy Deal
SCMP
The wife of Malaysia’s former leader Najib Razak was Wednesday hit with a new corruption charge and complained she was the victim of “slander”.

French Asset Manager Ostrum Launching $500 Million Asian Infrastructure Debt Fund
SCMP
Ostrum Asset Management is building an investment team in Hong Kong Infrastructure spending in Asia-Pacific estimated at US$22.6 trillion by 2030.

AUSTRALIA

Revolutionary Australian Clean Energy Startup Wins Global Award
PV-Magazine
Planet Ark Power’s electricity grid-transforming solution wins at Startup Energy Transition Awards Berlin.

West Australia To Host $135 Million National Battery Research Hub
Green Car Congress
Western Australia will host a national consortium to position Australia as a global leader in the manufacture and supply of batteries after a A$135-million (US$96.4-million) industry-backed research hub was supported by the Federal Government.

Australia’s Largest Remote Solar Rollout Complete
Utility Magazine
Construction on Australia’s largest rollout of solar to remote communities, the Solar Energy Transformation Program (SETuP), is now complete, delivering local jobs as well as cheaper and cleaner power.
SETuP is a $59 million program co-funded by the Territory Government and the Australian Renewable Energy Agency (ARENA).

EUROPE

Verv Raises £6.5M To Scale Up Green Energy Sharing Platform
Business Green
UK start-up behind smart energy hub and green power sharing platform plans to use investment to expand presence into global markets.

Shell’s $300 Million Nature Investment Steps Toward A ‘Low-Carbon Future’
Green Biz
Shell unveiled the latest part of its new emission reduction strategy Monday, announcing plans to invest $300 million over the next three years in natural ecosystem-based projects.

Subsidy-Free PV To Take Longer To Bloom In The Netherlands
PV-Tech
Subsidy-free PV projects will eventually become a reality in the Netherlands but the country’s distinct circumstances will make the going slower, according to a board member of association Holland Solar.

LATIN AMERICA

IFC Invests $288 Million In Brazil’s Thermal Power Project
Esi-Africa
The International Finance Corporation (IFC) is providing a $288 million 15-year loan to UTE GNA I Geração de Energia (GNA I) for the development, construction and operation of an integrated liquefied natural gas to power (LNG-to-power) facility in Porto de Açu, Brazil.

Siemens Gamesa’s Indian Manufacturing Units Begin Exports Of Wind Energy Equipment
EVWind
The ongoing trade tariff negotiations between China and the US can be an opportunity for Siemens Gamesa’s India manufacturing units to step in and meet the rising demand for wind energy equipment.

Tokyo Gas Buys 50% Stake In Engie’s Mexican Renewable Energy Unit
PV Magazine
The Japanese gas provider has acquired a 50% interest in four Mexican PV projects with a combined capacity of 746 MW. The new joint venture will further develop solar and renewables across the country.

MENA

Mitsubishi Hitachi Power Systems (MHPS) Showcases Cutting-Edge Power Changing Technologies In Kuwait
Zawya
MHPS’s Advanced Class Gas Turbines provide low cost, low emission energy with world-leading efficiency and 99.5% reliability.

Carlyle Group Bullish On All Forms Of Energy Investments
The National
Private equity firm is equally interested in investing in both conventional and renewable energy assets.

Morocco Firmly Engaged On Path Of Energy Efficiency
North Africa Post
Morocco a major oil and gas importer in the MENA region has tapped into its renewable energy potential combined with the adoption of a program to boost energy efficiency to address increasing demand on electricity.

NORTH AMERICA

Amazon Announces 3 New Wind Projects In Europe And US
Clean Technica
Amazon revealed that it will purchase electricity from three new wind farms — one in Ireland, one in Sweden, and one in the United States — which together have a combined capacity of 229 megawatts (MW) and are expected to generate over 670,000 megawatt-hours (MWh) of renewable electricity each year.

CVE Launches Community Solar Offering In MA
Solar Industry Mag
CVE North America, an independent power producer based in New York City, has launched a new community solar offering in Massachusetts.

Republicans Attack Puerto Rico’s Plan To Go 100 Percent Renewable as ‘Just Unrealistic’
Huff Post
The GOP’s vision of a fossil-fueled future for Puerto Rico runs up against the bill the territory’s own lawmakers passed last month.

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