CleanTech Report January 14th 2020 |
AFRICAAfDB Approves $20M For NigeriaThe board of directors of the African Development Bank has approved a $20 million investment in the Metier Sustainable Capital International Fund II. The fund channels resources to renewable energy and resource-efficient infrastructure projects in Nigeria and other Sub-Saharan African countries. The bank said its funding would contribute to production of an additional 178.5 megawatts of renewable power for commercial and residential use. AfDB Sponsored Off-Grid Energy Access Fund Reaches Final Equity Close With Partner ContributionsThe Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) has reached a final equity close with $59 million in committed equity capital and $36 million debt facilities, to support innovative, off-grid energy access companies. The final close, reached on 18 November 2019, was made possible through a $15 million equity contribution from the European Union (EU), and a further $17 million from KfW, acting on behalf of the German Federal Ministry of Economic Cooperation and Development (BMZ). Off-Grid African Communities Are Embracing Solar EnergyThe World Bank says annual outages in sub-Saharan Africa can range from 50 hours to 4,600 hours — at the latter end, that’s more than half a year. So an off-the-grid solution is proving valuable in the region and throughout Africa. From Kenya to Tanzania, Uganda to Rwanda, Nigeria to Ivory Coast and even war-torn Somalia, Africans are embracing solar energy solutions that help them power their homes even without being connected to the grid, on an unparalleled scale. |
ASIATata Power Solar To Build 250MW Project For NTPC With Mandatory Local SourcingTata Power Solar Systems Ltd is to develop a 250MW solar project for NTPC. The project will be developed under the Centre’s Central Public Sector Undertaking (CPSU) scheme that mandates using domestically manufactured cells and modules for the project. Jolywood Supply N Type Solar Panel To The Biggest Bifacial Solar Plant In Middle EastJolywood (Suzhou) Sunwatt Co. Ltd. (SZ: 300393) (Jolywood), a global leading supplier of solar back sheet and N-type bifacial solar cells, has been named the exclusive bifacial module supplier for the world’s largest single-unit N-type solar power station in Oman, Middle East. Total Corporate Funding In Solar Sector Reaches $11.7 Billion In 2019The total corporate funding into global solar sector rose 20 percent to $11.7 billion in 2019 from $9.7 billion raised in 2018, according to a study by Mercom Capital Group. |
AUSTRALIAAustralia Rooftop Solar Installs Total 2.13GW In 2019 After Huge December RushInstallations of small-scale rooftop solar panels reached 2.13GW in calendar 2019 – a jump of 35 per cent over the previous year – after a record surge in the month of December. According to industry statistician Sunwiz, 220MW of small scale rooftop solar was installed in December – nearly 10 per cent above the previous record levels in October and November, and despite the usual slowdown around Christmas. Arup Report On Photovoltaics And The Circular EconomyAs the world strives to arrest the climate crisis and increases its investment in solar energy, the industry must address its own sustainability. A new report produced by Arup in Australia looks at how to apply principles of the circular economy to current and future PV waste management. Timely Tesla Delivery Charges Queensland’s Community-Scale Battery Toward FruitionQueensland’s first community-scale battery is nearing completion after the delivery of its 4 MW Tesla battery. The battery, to be charged with excess solar power from Townsville’s residential rooftop PV, should connect to the grid by the end of the summer. |
EUROPEAustria’s New Government’s 1 Million Photovoltaic Roofing ProgramAustria’s new government has promised a 1 million photovoltaic roofing program as part of its plan to achieve climate neutrality by 2040. The country pledged to source all its electricity supply from renewable sources by 2030. The new Austrian federal government, formed by the conservative Austrian People’s Party (ÖVP) in coalition with the ecologist Green Party and led by ÖVP’s Sebastian Kurz, has appointed a new ‘super ministry’ for climate and environmental protection as well as energy and infrastructure. Giant 64 Hectare Solar Farm Proposed For Land Near BarnstapleProposals for a giant solar farm near Barnstaple that could power almost 11,000 homes are set to be revealed at a public exhibition. The 64 hectare – 160 acre – scheme is being proposed for land to the south west of the town at Litchardon Cross near Newton Tracey. The company intends to submit a planning application for the ground-based solar array, which it says would potentially generate approximately 49,000 megawatts of electricity every year. AB InBev Signs Deal For 130MW Of Solar Power In EuropeAB InBev signed a 10-year virtual power purchase agreement (VPPA) with Munich-based global renewable energy developer BayWa for more than 130 megawatts from two solar farms. The renewable energy will go toward powering AB InBev’s European brewing operations. |
LATIN AMERICADenham Capital Invests $250 Million In Power Company Ceiba EnergyPrivate equity firm Denham Capital has agreed to invest $250 million in Ceiba Energy, an owner and developer of power generation assets in Latin America, the two companies said on Monday. The investment is aimed at allowing Ceiba to expand its portfolio of power projects in the region, where it currently controls over 50 installations including renewable and gas-fired power plants, the companies said in a statement. Brazil Set To Prohibit Taxation On Solar EnergyBrazil’s President Jair Bolsonaro said on Monday that he would move to bar taxation on solar energy in Brazil, as the Latin America country continues to grow the share of renewables in its already substantial share of non-fossil fuels in the electricity production mix. Enel Green Power Smashes 3GW Annual Capacity MarkEnel Green Power (EGP) installed more than 3GW of renewables worldwide in 2019, reaching a total managed capacity of around 46GW. The 3029MW deployed last year was a record for the Italian developer, beating the previous best set in 2018 by around 190MW. |
MENAUAE To Double Renewable Energy Portfolio In Next Ten YearsThe United Arab Emirates grew its renewable energy portfolio by more than 400% in the last 10 years, and is on track to double that again in the coming decade, Abu Dhabi National Oil Co. [ADNOC.UL] chief executive Sultan al-Jaber said on Monday. “We (ADNOC) will increase our carbon capture utilization and storage program by 500% … to capture the same amount of C02 as 5 million acres of forest,” Jaber also told a sustainable energy event in the United Arab Emirates capital Abu Dhabi. Jobs In Renewable Energy Sector May Hit 40M By 2050Renewable energy sector jobs could reach 40 million by 2050 under a climate-safe energy scenario, according to a report presented at the 10th International Renewable Energy Agency (Irena) Assembly in Abu Dhabi. Industrial Sector To Benefit From Solar Energy Scheme In JordanThe Kingdom’s chambers of industry will soon float an executive tender for a solar energy project allocated to the industrial sector, President of the Amman Chamber of Industry (ACI) Fathi Jaghbir said on Monday. Jaghbir said that the project aims at providing electricity to factories at preferential prices and enhancing the competitiveness of national industries locally and internationally, the Jordan News Agency, Petra, reported. |
NORTH AMERICARenewable-Energy Spending Needs To Double By 2030Renewables should generate 57% of electricity worldwide by the end of the decade, up from 26% today, Irena said Sunday in a statement. To reach that target, countries can redirect some of the $10 trillion earmarked for fossil-fuel projects and spend it instead on green power Panasonic Warns Us Solar Installers Of Tesla Designated Panels On The Market With No WarrantiesPanasonic has warned US solar installers about Tesla selling a “large quantity” of its solar panels designated to the company to an unidentified third-party wholesaler that would not be covered by Panasonic product warranties. US Lawmakers Propose Clean Energy Credit Push To Take Us To Net ZeroUS power suppliers could face clean energy credit obligations to foster a major shift to renewables and decisively slash emissions, under legislation currently being drafted up at Congress. On Wednesday, the Energy and Commerce (E&C) Committee at the US House of Representatives released a preview of a clean energy bill that would commit the country to reach net zero greenhouse gas emissions by 2050, via comprehensive changes across all economic sectors. |
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