CleanTech Report November 12th 2019 |
AFRICAInvestment To Make Africa A World Leader In RenewablesAfrica, where close to half of its 1.2 billion people have access to electricity, is set to become a world leader in renewable energy. As global business and development leaders met in Johannesburg, South Africa, to attend the Africa Investment Forum (AIF), held Nov. 11 to 13, one of the key focuses of the deals being discussed was around sustainable, renewable energy. Is Nuclear Power The Right Choice For Uganda?Global investment in renewables has now outpaced investment in fossil fuels and nuclear power. This has resulted in a drastic fall in cost during the last 10 years: 80 percent for photovoltaics, and 45 percent for wind energy. Recent solar tenders in Europe have seen prices of less than $0.02 per kWh. At least 181 GW of renewable energy capacity have been installed worldwide in 2018 alone, out of which 54 GW were solar. Oslo Offers €30 Million Guarantee To Renewable Energy SuppliersThe Norwegian government has decided to offer a guarantee of NOK 300 million (30 million) per year to renewable energy suppliers to guarantee their investments in low-income countries. Many of these countries are in Africa, south of the Sahara. |
ASIAFukushima Eyes Clean Energy Revival Via $2.75 Billion Wind And Solar HubJapan’s Fukushima Prefecture, the scene of the world’s most recent nuclear disasters in 2011, will transform its now unusable agricultural land into wind and solar farms, as part of a $US2.7 billion renewable energy rebirth. India To Cross 200 GW Renewable Energy Capacity Mark By 2022Power and New & Renewable Energy Minister R K Singh exuded confidence that India will have over 200 GW of renewable energy capacity by 2022. India has set an ambitious target of having 175 GW of renewable energy capacity by 2022. Asia Pacific ‘Zero Carbon Cost’ To Hit $3.5 BillionAsia Pacific’s decarbonisation bill could reach $3.5tn (€3.2tn) by 2040, according to new research by Wood Mackenzie, which totals investments in solar, wind, hydro and nuclear power, as well as green hydrogen production. |
AUSTRALIAQueensland’s 110 MW Darling Downs Solar Farm Officially LaunchedQueensland’s 110MW Darling Downs solar farm has been officially – and finally – launched, after a tortuous path to commercial operations that included a last-minute change of engineering and construction partner and lengthy grid connection delays. Testing Underway For Australia’s First Offshore Wind FarmThe project, which in March got the green light from federal government for a site exploration, will this month begin detailed studies of the wind and wave conditions, as well as environmental studies on marine and bird life. Western Australia Set To Decide On 180 MW Solar Farm For State’s South WestThe $250 million Waroona Solar Farm is being developed near the town of the same name by Melbourne-based South Energy, with plans to add a battery storage of up to 20MW (the proposed battery system’s MWh storage capacity has not been stated). |
EUROPERoofit Solar Energy Raises Additional CapitalEstonian producer of metal roofs with integrated solar panels Roofit Solar Energy has raised additional capital for its development and expansion onto export markets, informed LETA/BNS. Renewable Energy ‘Will Supply 53% Of Europe’s Power By 2030’That’s the forecast from Wood Mackenzie, which suggests most countries across the region are on track to deliver on their individual National Energy and Climate Plans, allowing wind and solar technologies to see continued growth. Navy In Europe Aims To Boost Renewable Power And Secure Energy Sources From ThreatsThe Navy’s three biggest bases in Europe are undergoing a multimillion dollar retrofit to boost energy efficiency and create alternative power sources in case the main grid is disabled by an adversary, natural disaster or storm. |
LATIN AMERICACanadian Solar Grows Wealth In Brazil PV PlayAfter winning the lion’s share in a corporate tender in Brazil in a private renewable energy tender earlier this year, solar power developer and panel maker Canadian Solar has said it locked up another 190MW of new capacity in a recent government regulated market auction, accounting of 27% of the total PV contracts awarded. Budweiser Commits To 100% Clean Energy Usage By 2022 For Its Breweries In BrazilBudweiser has announced it will have all of its production and distribution in Brazil done 100% with clean energy by 2022. Budweiser will build a wind farm with approximately 1,600 hectares and an over 80 MW capacity in the Brazilian state of Bahia. It is expected to be finished by early 2022 and to supply 100% of the five breweries that produce Budweiser in the country. Grenergy Closes Financing Of Its Largest Solar Park For $71 MillionThis includes the financing of the senior debt over 17 years and each entity will provide a third of the financing, while Sinia Renovables, specialized in energy projects whose capital is 100 percent controlled by Banco Sabadell, also enters into the financing of the park by granting a mezzanine credit of $11 million. |
MENANASA To Send Israeli Solar-power Generator To ISSAn Israeli developed prototype solar-power generator will be sent by the US space agency NASA to the International Space Station, Ben Gurion University (BGU) in southern Israel announced Monday. The new generator offers a major step forward for private commercial space missions, as the private space market is a rapidly growing billion-dollar industry with dozens of corporate players, according to the university. UAE’s Masdar Invests In Indian CleanTech MajorIndian clean tech firm Hero Future Energies (HFE) has announced a strategic investment by Abu Dhabi Future Energy Company, better known as Masdar, to fund the expansion of its renewable energy portfolio. It represents a second strategic investment in HFE since 2017, following initial $125 million made by the International Finance Corporation (IFC), part of the World Bank, a statement said. MENA Power Linkage To Make Region World Second Energy MarketWorld Bank Group Director General for Infrastructure Paul Noumba Um on Wednesday said that power linking of the Middle East with North Africa will make the region the second world energy market after the European Union’s. |
NORTH AMERICAMcDonald’s Signs VPPAs For 380 MW Of Wind And SolarMcDonald’s has turned to renewable energy. The restaurant company has signed two long-term, large-scale virtual power purchase agreements, whereby it will acquire green electricity from a solar farm and the Aviator Wind West project, both located in Texas. Apple Supplier AMS Kick-Starts New $5 Billion Bid For OsramAMS launched a renewed $5 billion takeover bid for Osram on Thursday, hoping a lower shareholder acceptance requirement will be enough to secure its acquisition of the German lighting company. SunPower To Spin-Off Solar Panel ManufacturingU.S. solar company SunPower (SPWR.O) said on Monday it will split into two publicly traded companies, separating most of its solar panel manufacturing operations from storage and energy services, sending its shares up as much as 15%. |
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