Policy, investment and markets News for August 2013

Policy, investment and markets News Archive

100% increase in Asian PV demand

Solar photovoltaic (PV) demand from China and Japan during the second half of 2013 is forecast to reach 9 GW, representing an increase of 100% compared to the first half and 70% compared to the second half of 2013, says a new NPD Solarbuzz report.

Alterra Power buys ABW solar facility interest

Alterra Power Corp has completed its purchase of the ABW Solar project in partnership with GE Energy Financial Services.

FLI Energy builds 12 MW biomethane plant

FLI Energy has begun construction of a biomethane-to-grid anaerobic digestion (AD)plant in Suffolk, UK.

Gene discovery opens new possibilities for biofuels Gene discovery opens new possibilities for biofuels

Researchers from the James Hutton Institute, the University of Dundee, VIB and Ghent University (Belgium) and the University of Wisconsin (USA) have identified a new lignin gene which could improve the conversion of biomass to energy.

Cost gap for Western renewables could narrow by 2025

A new Energy Department study conducted by the National Renewable Energy Laboratory (NREL) says that, in the US, by 2025 wind and solar power electricity generation could become cost-competitive without federal subsidies.

Biorefinery produces fully renewable paraxylene

Gevo, reportedly the world's only commercial producer of bio-isobutanol,has opened a demonstration-scale paraxylene plant in Silsbee, Texas.

EIB invests in Central America renewables

The European Investment Bank (EIB) is to provide US$230 million backing to support investment in hydropower, wind, geothermal and photovoltaic renewable energy schemes across Central America.

JV to develop ‘BioEnergy Zones’ in Haiti

Haiti-based Sonamar SA and Bangalore-based VayuGrid have signed a joint venture agreement to develop agricultural zones in Haiti to produce biofuels for the country.

Boost for energy storage in Asia-Pacific

Demand for energy storage systems in Asia-Pacific has been boosted by escalating electricity prices, improving grid reliability and demand for electricity, says a report from Frost & Sullivan.

UK biomass industry required to show sustainability of fuel

From April 2015, biomass producers in the UK will be required to demonstrate their fuel is sustainable or lose financial support from the government.

Brazil approves 377 wind farms

Brazilian government energy agency EPE has approved 377 wind projects with a combined installed capacity of 8.999GW.

Solar device monitors power demand Solar device monitors power demand

Magellan Power has released Solar Gate, technology which could help those with large solar installations keep the energy they generate for their own use.

Goldpoly to acquire 400MW solar power plants

Goldpoly New Energy Holdings Limited has entered into an agreement with a number of Chinese solar companies to buy 400MW of solar power plants.

India creates online renewables database

The Ministry of New and Renewable Energy (MNRE), Government of India and the US Department of Energy (DOE) have developed an online Indian Renewable Energy and Energy Efficiency Policy Database (IREEED) that aims at disseminating information on the renewable energy and energy efficiency policy and regulatory framework in India.

Renewable energy demand to drive European transmission market

A rising demand for green electricity across Europe could boost investment in countries’ transmission and distribution (T&D) infrastructure, says research and consulting firm GlobalData.

LEC increases share in Australian biofuel

Lignol Energy Corporation (LEC), a specialist in advanced biofuels and renewable chemicals, plans to invest up to a further A$1,000,000 in Territory Biofuels Limited (TBF), the owner of the largest biodiesel plant in Australia.

Scottish government invests £3 million in personal green energy

The Scottish government has put aside £3 million for people living in fuel poverty get their own green energy supply.

Duke Energy buys largest solar power plant in San Francisco

Duke Energy Renewables has acquired Sunset Reservoir Solar Power Project, a 4.5 megawatt AC solar plant, from solar developer Recurrent Energy.

US solar prices continue decline

The installed price of solar photovoltaic (PV) power systems in the United States fell substantially in 2012 and through the first half of 2013, according to the latest edition of Tracking the Sun, an annual cost report produced by the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab).

21% growth in leading PV module shipments

Quarterly solar photovoltaic (PV) module shipments for 20 leading PV manufacturers exceeded 5.8 GW during the second quarter of 2013, a growth of 21% from Q2 2012.

GE builds first wind farm in Estonia GE builds first wind farm in Estonia

GE has opened the Paldiski Wind Farm on the Pakri peninsula in northwestern Estonia.

America’s solar energy industry looks to play key role in grid modernisation

“Solar is critically important to our nation’s energy security and national security – and we’re doing our part to fight climate change,” said the head of the Solar Energy Industries Association, Rhone Resch, stressing the sector has a key role to play to ensure the lights stay on should disaster strike.

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Rhode Island and Massachusetts sites leased for wind energy

Offshore wind power specialist Deepwater Wind New England LLC has won the US government’s lease sale for renewable energy in federal waters, gaining two leases for a wind energy area of 66,671 hectares offshore Rhode Island and Massachusetts for wind energy development.

Alstom opens wind tower factory in Latin America

Alstom has opened a factory in Canoas in Rio Grande do Sul State, in the southern part of Brazil, with the capacity to produce 120 steel towers per year – enough to supply approximately 350 MW of electricity.

Job: Publisher, Materials Science Journals - based in Oxford or Amsterdam

Elsevier - publisher of Renewable Energy Focus - is looking for an entrepreneurial individual to maintain, develop, and take complete publishing responsibility for a defined list of journals within materials science...

Report lists most common wind energy insurance claims in the US

GCube, a provider of renewable energy insurance services, has published a report summarising the most common wind energy insurance claims made in the United States.

Multi-million pound investment in UK offshore

UK government and business have published a long-term strategy to strengthen the UK’s position in the offshore wind industry.

US wind energy pricing near all-time low

While annual wind power additions in the United States achieved record levels in 2012, wind energy pricing is near an all-time low, says a new report released by the US Department of Energy.

Marubeni acquires 25 per cent of Mainstream Renewable Power

Global wind and solar developer Mainstream Renewable Power and Japanese trading company Marubeni Corporation have agreed a €100 million equity investment deal in which Marubeni gains an around 25 per cent holding in Mainstream.

Bid to build renewable energy generation facilities in San Francisco

Community leaders in San Francisco have put together a Community Choice Aggregation (CCA) plan, CleanPowerSF, with the aim of building of local, renewable energy generation facilities in the city of San Francisco.

Gehrlicher Solar AG finds investor

Following its bankruptcy filing a few weeks ago, PV specialist Gehrlicher Solar AG could have a new investor.

19 per cent increase in UK renewable energy

Electricity generated from renewable sources in the UK in 2012 increased by 19 per cent on 2011, according to official figures published by the UK Department of Energy and Climate Change.

PV market enjoys "warm summer"

The world solar PV market saw a pickup in June, enjoying a “warm summer of demand” according to Bloomberg’s Solar Shipment Index.