CleanTech Report February 4th 2020 |
AFRICASmart Water Heating Could Help In South Africa’s Energy Crisis South Africa’s energy crisis has many dimensions, from political and economic to technical and environmental. Recently, the country’s power utility, Eskom, has been generating only about 60% of its capacity and has had to restrict usage to prevent a regional blackout. $8 Billion USD Required For Solar Fields DUTCH development agency Hivos says Zimbabwe requires US$8 billion investment into solar fields if the country is to solve crippling power shortages that have seen most suburbs going for up to 18 hours daily without electricity. Namibian IPP Offering 120MW Supply To Eskom Macquarie Infrastructure Debt Investment Solutions (MIDIS) has invested in a synthetic securitisation of NatWest’s GBP 1.1 billion portfolio of project finance loans in the UK’s sustainable energy market. The transaction was a structured finance solution delivered by MIDIS in partnership with BAE Systems Pension Funds Investment Management (BAPFIM). |
ASIATehran Solar Power In Expansion Mode A 12.7 megawatt solar power plant in Shahr-e-Rey City in the south and an 8.4 MW photovoltaic power station in Damavand in the east were launched. The two green energy projects were completed at a cost of $10 million, the Energy Ministry news portal Paven reported. Mudajaya’s India Associate Commences Additional 550MW Power Supply Mudajaya Group Bhd said its indirect associate in India, RKM Powergen Pte Ltd, has commenced additional power supply of 550MW, bringing total sales to 900MW. In an announcement to Bursa Malaysia today, Mudajaya said the power is supplied to the state of Telangana via PTC India Ltd, in accordance with a pilot agreement between RKM and PTC India. China Solar Industry Seeks Government Aid Amid Virus Outbreak China’s leading solar association called on the government to provide support to the industry as measures to contain the outbreak of a virus are hampering the restart of manufacturing activity. |
AUSTRALIASouth Australia To Accelerate Transition, Emissions Cuts, After Bushfires South Australia’s state Liberal government has again distinguished itself from its federal Coalition colleagues by signalling an acceleration in its push towards a clean energy transition, and emissions reductions. Australia’s Iris Energy Acquires Canadian Data Center Business For Greater Energy Efficiency As energy usage for technology rises and computational use cases including artificial intelligence, rendering, data analytics, edge computing, and Bitcoin mining become more widely accepted, global energy requirements for communications and technology is expected to increase exponentially and represent up to 51% of global energy usage by 2030. Australia’s Trash Is Becoming Someone’s Electricity Australia’s landfills are reaching capacity, forcing leaders there to find new solutions — ones that involve turning waste into electricity. The results are helping to reduce trash-levels while also creating bio-energy and a sustainable fuel. The technology is now part of the global effort to reduce CO2 levels. Developing countries that have limited landfill space and a need to go green are especially good prospects. |
EUROPEA New Tidal Energy Project Just Hit A Major Milestone In Scotland The four giant turbines have now exported 24.7 gigawatt hours (GWh) of predictable renewable power to the national grid. And this is just the first phase of a project that could eventually power 175,000 homes with more than 250 submerged turbines. UK Capacity Auction Secures 45GW Of Backup Power British energy companies SSE (SSE.L), EDF Energy (EDF.PA) and Drax (DRX.L) are among the winners of power capacity contracts awarded for backup electricity up to three years in advance. The capacity market is a British government scheme to pay energy providers to maintain spare capacity to ensure adequate supply for future years. Greece Sets Date For 500MW New Renewable Energy Auction Solar developers will have a chance this spring to compete at a new renewable auction in Greece, the latest in a country aiming to take installed PV capacity near the 8GW mark by 2030. On Thursday (30 January 2020), Greek energy watchdog RAE published the terms and conditions of its newest technology-neutral tender, slated in principle to take place on 2 April this year. |
LATIN AMERICABrazilian Solar Attracts Chinese Investors Chinese companies operating at all levels of the solar photovoltaic (PV) sector have clearly identified Brazil as a key market for overseas expansion. JinkoSolar and BYD are rapidly increasing their solar module manufacturing capacity in the country, while the latter has joined CGN as solar farm operators. Argentina’s Clean Energy Future Is At Risk Under New Leadership Winds that howl along Argentina’s Atlantic coast have long captivated the energy industry. But it wasn’t until Mauricio Macri’s government offered appealing terms that the country’s clean power boom began. Since 2016, billions have flooded into the struggling nation as generators worked to harness those famed gusts, as well as world-class solar conditions. Solar And Wind Power On The Rise In Mexico Despite Government Rejection Consumption of solar and wind energy skyrocketed in 2019, a year marked by the conflict with which the administration of Andrés Manuel López Obrador started. The advance of renewable power plants, along with the decline in natural gas prices, has helped prices in the national electricity grid reach their lowest level since records began. |
MENAAl Kharsaah Solar Power Project The 800MW Al Kharsaah photovoltaic (PV) power project is the first large-scale solar power plant being developed in Qatar. The project will be owned by Siraj Energy, Marubeni and Total, under the build, own, operate and transfer (BOOT) model for a period of 25 years. Egypt’s IPP System Attracts Foreign Companies To Invest In Local Energy Projects The Ministry of Electricity received requests from foreign companies to implement projects under this system with investments up to $2.5 billion. DEWA’s Robust Infrastructure Is A Key Element Of Dubai’s Development An advanced infrastructure plays a key role in the overall and sustainable development process, encourages foreign investment, and makes citizens, residents, and visitors happier. The UAE’s advanced infrastructure has helped consolidate its position as a leading global destination for foreign direct investment, and the preferred destination for living, working, entrepreneurship, and a global economic hub. |
NORTH AMERICATech Giants Power Record Surge In Renewable Energy Sales The world’s biggest tech companies fuelled a record surge in the amount of renewable energy sold directly to global corporations last year, according to new figures. The amount of clean energy from renewable energy developers bought by companies has tripled in the past two years, driven by a growing corporate appetite for sustainable energy. US Surge Pushes Global Corporate Solar PPAs Near 10GW Per Year Mark The world witnessed last year a major leap in corporate solar power purchase agreements (PPAs) driven by a surging US, according to BloombergNEF (BNEF). Earlier this week, the consultancy published figures showing PPA moves for all forms of green energy by companies jumped 44% worldwide between 2018 (13.6GW) and 2019 (19.5GW), reaching a new record. 15 States Are Calling For 100% Clean Energy With Backing Of Environment America In 2019, Environment America and its state affiliates played a key role in convincing New Mexico, Maine and Washington to make commitments to 100% clean or renewable energy. On the heels of those landmark victories, the national nonprofit organization announced today it is calling on 15 additional states in 2020 to enact similar renewable energy goals. |
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