CleanTech Report 2019.07.04

Energia Plans €3 Billion Investment In Renewable Energy.
Brazil Posts New World Record Low Price For Solar Power.
New Solar + Battery Price Crushes Fossil Fuels, Buries Nuclear.

CleanTech Report July 4th 2019

AFRICA

AfDB Disburses $500 Million For Renewable Energy
 
The African Development Bank (AfDB) has approved a loan of $500 million for Africa’s electrification through renewable energy.
 
TDB Bank Will Finance Several Renewable Energy Projects
 
Trade and Development Bank (TDB), a bank based in Bujumbura, Burundi, intends to invest in renewable energy projects in East Africa. The bank already has a focus on geothermal energy in countries such as Kenya and Ethiopia.
 
Hydropower Is Vital To Africa’s Future
 
Africa has a number of power supply challenges, many of which can be overcome with renewable energy. Foremost among the options is hydropower. While large projects can meet stiff resistance in the development stage, small- and medium-sized projects are often less disruptive and easier to complete.

ASIA

India Sees Boosting Green Power By 2030, Overtaking Climate Goal
 
Solar and wind energy projects could constitute over half of India’s total power capacity by 2030, according to a draft report by the country’s power-planning body, which sees the country surpassing its climate goals.
 
Increase In Clean Energy Production Among Priorities
 
Prime Minister Imran Khan Tuesday said that increase in the production of clean energy was among the government’s priorities which would help reduce negative impacts upon environment.
 
SE Asia Solar Energy Space Seen Up For Faster Growth
 
Vietnam is now the fastest-growing solar photovoltaic (PV) market in Southeast Asia, overtaking the Philippines but thanks partly to investments made by the Ayala group’s AC Energy and its local partners, according to SolarPlaza.

AUSTRALIA

States Doing Heavy Lifting On Renewables, But NSW And Queensland Lag Behind
 
While federal climate and energy policy continues its decade long malaise, the latest update report from Green Energy Markets has found that while the states continue to do the heavy lifting on clean energy, some of Australia’s largest states are tracking significantly behind their own renewables targets.
 
State Government Approves First Stage Of $300 Million Shoalhaven Hydro Expansion
 
The Shoalhaven could be home to the country’s second-biggest hydro scheme after the NSW Government approved the first stage of the $300 million Shoalhaven Hydro Expansion project.
 
Driven By Storage – The Journey To Renewables In Australia
 
It’s been hailed by many as the ‘Leatherman’ of the smart energy industry. Storage which can be used for peak demand management at utility level, or commercial and residential prosumers looking to operate more sustainably or go off-grid.

EUROPE

Energia Plans €3bn Investment In Renewable Energy
 
Utilities provider Energia intends to invest more than €3 billion in renewable infrastructure over the coming five years, the company said on Monday.
 
Danish Researchers Create Worldwide Solar Energy Model
 
Solar cells are currently the world’s most talked-about renewable energy source, and for any future sustainable energy system, it is crucial to know about the performance of photovoltaic systems at local, regional and global levels
 
Portugal Extends Deadline For Solar Power Auction On Strong Demand
 
Portugal has extended the deadline for a mega-auction of new solar energy capacity by a week to July 7 due to a strong interest by about 300 investors, Environment and Energy Transition Minister Joao Pedro Matos Fernandes said on Tuesday.

LATIN AMERICA

Brazil Posts New World Record Low Price For Solar Power
 
A new world record low price for solar power generation has been achieved in Brazil, where the government’s latest renewables auction saw contracts for six solar PV projects awarded at an average of just 1.65 cents per kilowatt-hour.
 
Vestas Pioneers Wind Energy In El Salvador With 54 MW EPC Solution
 
The engineering, procurement, and construction (EPC) order has been placed by Ventus S.A. de C.V. and Tracia Network Corporation that are both joint ventures between experienced and proven developers in the Central American region, Grupo Luz y Fuerza (GLF) and Grupo Centrans.
 
Feds Pledge $223.5 Million To Help Countries In Latin America, The Caribbean Slash Emissions
 
Canada is pledging hundreds of millions in new funding to help developing countries in Latin America and the Caribbean slash carbon emissions, and joining the United Kingdom to work to phase out coal electricity.

MENA

UAE Debuts The World’s Largest Individual Solar Power Project
 
The United Arab Emirates might still be associated with oil money, but it just set a record for reducing its dependence on oil.
 
ARMOR, MASAR Printing, And Publishing To Develop Flexible Organic PVs
 
ARMOR and Masar Printing and Publishing signed a memorandum of understanding on the creation of a future joint venture (JV) in Dubaï, United Arab Emirates. The objective: to develop the flexible organic photovoltaic film market in the MENA region (Middle East and North Africa)
 
Saudi Alfanar, Taqnia Collaborate In Developing Alternative Energy
 
The agreement will explore the previously untapped alternative energy areas in the Saudi market, such as the hybrid off-grid solution and the electric vehicles charging infrastructure

NORTH AMERICA

New Solar + Battery Price Crushes Fossil Fuels, Buries Nuclear
 
Los Angeles Power and Water officials have struck a deal on the largest and cheapest solar + battery-storage project in the world, at prices that leave fossil fuels in the dust and may relegate nuclear power to the dustbin.
 
Google Sets Goal To Use Clean Energy 24/7
 
Jennifer Layke – global director of the energy program at World Resources Institute, talks about Google’s aspirations to power all its operations with carbon-free energy.
 
U.S. Electricity Markets Aren’t Designed To Handle 100% Clean Energy. Here’s How To Fix That
 
Wholesale electricity markets, which serve two-thirds of the United States, are at an evolutionary point as fading economics push coal and nuclear offline while state-level clean energy targets and fast-falling renewable energy prices push clean energy onto the grid.
 

Dominate the CleanTech Industry by Creating Incredible Value