CleanTech Report 2019.10.17

Google announces $150M renewables investment.
Wells Fargo will power 400 Texas locations with solar.
EIB pledges €1 Billion for renewable energy. Saudi Arabia’s $14.5 Billion for energy projects in Pakistan.
Australia to aim at 700% in renewable power goal.

CleanTech Report October 17th 2019

AFRICA

South Africa Seeks To Renegotiate Old Renewables Projects

Reuters

South Africa has started discussions with power producers to try to get cheaper electricity from some older renewable energy projects and give the economy a boost, several participants in the talks say.

Energy Focused Tech Startup Launches In Kenya

IT News Africa

VentureBuilder officially launched on Wednesday, 16 October 2019, with support from the DOEN Foundation, Facebook, Shell Foundation, and USAID. The energy-focused startup aims at scaling African-owned and managed off-grid solar enterprises – mandated with expanding energy access to underserved populations in Africa.

Indian Utility Vendors Forging Good Alliances At Future Energy Nigeria

ESI Africa

The ICC is the featured country partner at the upcoming Future Energy Nigeria, hosting a pavilion of almost 50 suppliers of specialised technology and services for the energy sector.

 

ASIA

Inside India’s Small-Scale Renewable Revolution

Power Technology

India has the fifth-highest renewable capacity in the world, with potential power resources of 118GW. The national government is targeting a capacity of 500GW by 2030, and with investment in the country’s renewables sector reaching $20bn last year, there is every chance that India could develop into a renewable energy powerhouse.

Tetra Pak Gets Greener With Solar Energy

Nation Thailand

Tetra Pak, the world’s biggest food processing and packaging company, continues to underline its commitment to the environment by installing 3,076 panels of solar cells on the roofs of four of its factories in Thailand.

Government To Build 30 Gigawatts Of Renewable Plants Along Gujarat

liveMINT

India is considering building 30 gigawatts of renewable energy capacity along a desert on its western border known for its sunny, windy and arid expanse, according to people familiar with the plan.

 

AUSTRALIA

Australia May Aim As High As 700% In Renewable Power Goal

Hydrogen Fuel News

Politicians in Australia are attempting to tackle the challenge of renewable power sources share size.

Solar Reaches 80% Share Of Demand In South Australia

Renew Economy

Solar power continues to set stunning new milestones in the renewable state of South Australia, reaching 80 per cent of total demand on Saturday and accounting for more than 70 percent of demand over four hours in the middle of the day.

New Zealand Edges Closer Towards Achieving Renewable Energy Target

Solar Quotes

40% of New Zealand’s total energy supply and 84% of electricity consumed in the country came from renewable energy sources in 2018 according to a new report.

 

EUROPE

EIB Pledges €1 Billion For Renewable Energy And Distribution Upgrades

PEI

The Board of the European Investment Bank (EIB) has agreed to provide 8.4bn euros of new financing, of which 1bn euros will support sustainable development across Europe.

Unlocking Low Cost Renewables In South East Europe

New Climate

The financing costs for renewable energies in Southeast Europe have been significantly higher than for conventional power plants. Additionally, high risk premiums hamper the expansion of wind and solar power plants in the region.

Poland Wants Fresh EU Money To Back Climate Neutrality Goal

EURACTIV

The Polish demands are spelled out in a “non-paper” circulated to EU leaders meeting in Brussels for a two-day summit beginning on Thursday.

 

LATIN AMERICA

Argentina May Be The Hottest Renewable Energy Market

Forbes

An innovative approach unlocked Argentina’s renewable energy market, making it “the most interesting in the world” in just three years. And now, the approach could open the door to billions in renewable investment in developing nations worldwide.

Off The Grid In The Caribbean

Direct Relief

The island nation of Dominica was without power for months after Hurricane Maria. Power resiliency is now a focus in advance of future storms.

Brazil’s Renova Energia Files For Bankruptcy Protection

Reuters

Brazilian renewable energy firm Renova Energia SA has filed for bankruptcy protection, aiming to restructure a total debt of around 3.1 billion reais ($741.70 million), it said in a securities filing on Wednesday.

 

MENA

Saudi Arabia’s $14.5 Billion Energy Projects In Pakistan

BR

In the power sector, Saudis are helping us install 500 megawatts renewable energy projects worth $4.5 billion in Baluchistan and a $10 billion mega oil refinery in Gwadar.

Saudi Arabia’s Renewables Drive Remains In First Gear

Energy Reporters

Saudi Arabia has promised to diversify its economy away from fossil fuels but so far there has been limited evidence of large renewable energy projects.

Abu Dhabi Explores Collaboration Opportunities In The Energy Sector With Russia

ZAWYA

Both countries are committed to consistently strengthening and developing their relations, be it through official visits, partnership agreements, or the strategic cooperation committees that bring the UAE and Russia closer in various sectors, chiefly, energy, which is of tremendous importance for both parties.

 

NORTH AMERICA

Wells Fargo Will Power Its 400 Texas Locations With Solar

Solar Power World Online

Wells Fargo has signed a 10-year structured power purchase agreement (PPA) with Reliant, an NRG Energy, to power the bank’s 400 Texas locations with PV solar.

Google Announces $150M Renewables Investment Package

PV Tech

Google says it will spend S$150 million on renewable energy in regions where its products are manufactured, in a move it hopes will galvanise a further $1.5 billion of investment.

Texas City Suing Clearway To Escape Solar Contract

PV magazine

The city of Georgetown, Texas is suing a subsidiary of Clearway, over allegations that the company withheld critical project performance details during contract renegotiations for the Buckthorn solar plant in late 2016.

 
 

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