Renewable Energy News

Spread Solar for the Holidays: Four Gift Giving Ideas for 2017

Renewable Energy - Thu, 2017-11-23 06:00

It’s that time of year again: holidays! Until 2018 begins, we try to set aside some extra time for family, eat delicious meals together, exchange gifts and generally close out the year with good wishes and good intentions for the next year.

While Renewable Energy World is a business-to-business publication for the global renewable energy industry, we occasionally get press releases and notifications about interesting inventions that are designed for the general public. And as the holidays approach, we like to bring them to you.  

Categories: Renewable Energy

Why the Bifurcation of an Industry’s Supply and Demand is Bad for Everyone

Renewable Energy - Tue, 2017-11-21 15:15

“Happy families are all alike; every unhappy family is unhappy in its own way,” Leo Tolstoy, Anna Karenina.  In the solar industry, strong markets are alike in that they have incentives, subsidies and/or mandates to drive growth and adoption but also a fair amount of political and economic risk and every weak or collapsing market is alike in that it no longer has incentives, subsidies and/or mandates to drive it and its political and/or economic risk has become a reality.

A weak market is the mirror image of a strong one that is, everything is seen in reverse. In solar, a leading market share receives more notice than the low-to-negative margins that go along with it. For example, solar lease etc., company Sunrun is being touted for passing SolarCity in terms of its market share even as it racks — pardon the pun — up losses. The company reported losses from operations of $130.7 million and net losses of $180.9 million for nine months of 2017.  True, the company lost less money than it did in 2016, however this should not be spun as a positive. 

Categories: Renewable Energy

China on Pace for Record Solar Capacity as Forecasts Jump

Renewable Energy - Tue, 2017-11-21 08:56

China, the world’s biggest carbon emitter, is poised to install a record amount of solar-power capacity this year, prompting researchers to boost forecasts as much as 80 percent.

About 54 gigawatts will be put in place this year, Bloomberg New Energy Finance said Monday, raising a  forecast of more than 30 gigawatts made in July. That amount of additional capacity would likely surpass all the solar energy generated in Japan in 2017.

Categories: Renewable Energy

The Big Embrace: Electric Utilities Accept Wind and Solar as Reliable Sources, Plan for the Long Haul

Renewable Energy - Mon, 2017-11-20 12:12

Despite the Environmental Protection Agency’s announcement that the Clean Power Plan is being repealed, the attractive cost of renewables and improvements in battery storage technology mean that wind- and solar-generated power are here to stay.

Categories: Renewable Energy

Proposed Tax Reform Bill Has ‘Disastrous Implications’ for Renewable Energy

Renewable Energy - Mon, 2017-11-20 09:27

Last week, both houses of the U.S. congress passed versions of a tax reform bill. As readers might recall, tax reform was one of the platforms on which Trump ran for president and getting a major tax reform bill passed would be a big win for him. Each version of the bill has implications for the renewable energy industry but the wind industry is particularly worried about the House bill.

Categories: Renewable Energy

Putting Solar+Storage to Work for Africa’s Farmers

Renewable Energy - Fri, 2017-11-17 13:22

BayWa r.e. renewables subsidiary successfully commissioned its first project in Southern Africa, a combined solar PV plant and battery system in the Zambian province of Chisamba in October.

Categories: Renewable Energy

Massachusetts Opens RFP for the First 100 MW of “Smart” Solar

Renewable Energy - Fri, 2017-11-17 10:27

On November 13, utilities in Massachusetts announced that they would begin to accept bids pursuant to the new “Solar Massachusetts Renewable Target or SMART” program, which seeks to ultimately add up to 1,600 MW of solar capacity.

The SMART program was voted into law in April and explained in great detail by Renewable Energy World contributor John Farrell in this post. Farrell likens the program to the California solar incentive and Germany’s long-expired Feed-in Tariffs, which kick started solar in each region. 

Categories: Renewable Energy

DERs and Grid Optimization — The Next Phase of the Grid Modernization Journey

Renewable Energy - Fri, 2017-11-17 09:44

The call for grid modernization is occurring across the world and utilities are positioned at the forefront of this industry transformation. While some states and countries are moving at a more rapid pace than others, grid modernization is a necessary outcome for utilities to ensure long-term sustainability.

Categories: Renewable Energy

Orsted Green Bond Bets on the Future of The Planet

Renewable Energy - Thu, 2017-11-16 06:41

Orsted A/S, the Danish company built on oil and gas extraction, will issue its first green bonds as it moves toward completing a transition to renewable energy.

Categories: Renewable Energy

Pennsylvania Moves to Protect REC Prices

Renewable Energy - Wed, 2017-11-15 13:51

Pennsylvania Gov. Tom Wolf this week signed into law a provision that will support strong renewable energy credit prices in the state. According to the governor’s office, the legislation requires that renewable energy facilities only generate RECs if the power from the facility is delivered to an electricity distributor operating within the commonwealth.

Categories: Renewable Energy

Subsidizing Coal, Nuclear Could Drive Customers Off-Grid

Renewable Energy - Wed, 2017-11-15 10:52

Within the next month, energy watchers expect the Federal Energy Regulatory Commission to act on an order from Energy Secretary Rick Perry that would create new pricing rules for certain power plants that can store fuel on site to support grid resilience. This initiative seeks to protect coal-fired and nuclear power plants that are struggling to compete with cheaper energy sources.

Categories: Renewable Energy

Solar Companies Scramble to Find a Critical Raw Material

Renewable Energy - Wed, 2017-11-15 10:38

Solar manufacturers are being battered by higher costs and smaller margins after an unexpected shortage of a critical raw material. Prices of polysilicon, the main component of photovoltaic cells, spiked as much as 35 percent in the past four months after environmental regulators in China shut down several factories.

Categories: Renewable Energy

New North Sea Wind Atlas to Inform Future Offshore Developments

Renewable Energy - Wed, 2017-11-15 10:24

Wind farm operators in the North Sea will have a new atlas for wind resources in the region to help them identify how much power they can generate and how robust turbines should be.

Categories: Renewable Energy

Wind Energy Feels the Force of World Markets

Renewable Energy - Wed, 2017-11-15 09:44

Vestas Wind Systems A/S lost about a fifth of its stock market value after the Danish company said it was squeezing less profit out of sales of equipment and services compared with a year ago because of increased competition. Before last week’s plunge, the shares had risen 15 percent this year.  

Categories: Renewable Energy

Enel to Bid in Mexico Power Auction After Raising $1.35 Billion

Renewable Energy - Tue, 2017-11-14 14:20

Enel Green Power SpA, the renewable-energy unit of Europe’s largest utility, plans to bid in Mexico’s power auction this month after raising $1.35 billion with a deal to sell stakes in eight wind and solar projects in the country in October.

Categories: Renewable Energy

West Africa's Off-Grid Market Drives Pay-As-You-Go Firm

Renewable Energy - Tue, 2017-11-14 13:46

West Africa’s booming off-grid solar industry is drawing international investors eyeing expansion. Lumos Global, a Dutch off-grid developer that raised $90 million last year to start business in Nigeria, said it’s expanding in Ivory Coast this month.

Categories: Renewable Energy

The UK's Biggest Solar Farm Will Be Built Without Government Help

Renewable Energy - Tue, 2017-11-14 11:21
Cleve Hill is set to become the UK's biggest solar farm when it is built in 2020. At a capacity of 350 MW, it will be able to produce more than five times the power as the country's current leader. And all this could happen without government help.
Categories: Renewable Energy

Clean Energy Is Overtaking Coal in This Competitive Electricity Market

Renewable Energy - Tue, 2017-11-14 09:58

Look around the U.S. and you’ll find plenty of examples of smart policy that is driving the adoption of cleaner, more efficient energy resources. In particular, California, New York, and Illinois are all leveraging policy to reduce carbon pollution and transition to a 21st century electric grid.

Categories: Renewable Energy

Why Solar Microgrids Are Not a Cure-All for Puerto Rico’s Power Woes

Renewable Energy - Tue, 2017-11-14 09:27

In addition to its many other devastating human consequences, Hurricane Maria left the island of Puerto Rico with its power grid in ruins. Power was knocked out throughout the island, with an estimated 80 percent of its transmission and distribution wires incapacitated. When hospitals and other critical users could not get backup power and water supplies ran low, an extended outage became a humanitarian crisis that has yet to be resolved.

Categories: Renewable Energy

Where Does CSP Fit on the US Power Grid?

Renewable Energy - Tue, 2017-11-14 09:00

Every day our power needs fluctuate, causing grid operators to make quick decisions to balance the U.S. grid. This can happen on hot summer days when people are turning on their air conditioners or in the middle of winter when they crank up the heat. Either way, grid operators must find a way to meet rapid spikes in energy demands.

Categories: Renewable Energy

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