Wind Power Service Market to Almost Double by 2020: Make
The market for servicing wind turbines will almost double by 2020 as capacity grows, the Danish advisory firm Make Consulting said.
Annual revenues from monitoring and repairing wind turbines may surge to more than $13 billion in 2020 from $7.1 billion last year, Aarhus, Denmark-based Make said today in a report. It projected that 300 gigawatts of capacity will be installed through 2020, doubling current generating capacity and boosting the needs for maintenance.
Turbine manufacturers including Vestas Wind Systems A/S (VWS) and Gamesa Corp. (GAM) Tecnologica SA are ramping up efforts to secure service contracts, which Vestas says yield higher margins than turbine sales and increase profitability. More than half of servicing worldwide is carried out by turbine manufacturers, Aaron Barr, a consultant at Make in Boston said in an e-mail.
Manufacturers “are attracted to the services market due to reliable and repeatable high margin revenue, primarily due to the growing fleet of serviceable wind turbines,” Barr said. “This focus is reinforced by uncertainty on new turbine sales orders and technical competitive advantages” that they have over independent service providers and the utilities that own the wind farms.
OutBack Power Debuts Next Generation Grid/Hybrid Solar to the Builder Community
OutBack Power Technologies, Inc., a designer and manufacturer of advanced power electronics for renewable energy, backup power and mobile applications, will showcase its newest Radian Grid/Hybrid solar systems at PCBC, June 25 to 26 in San Francisco. Supported by smarter technology, including the new GridZero Radian inverters, energy storage options, and OPTICS RE mobile monitoring and control application, these next-generation solar systems deliver both renewable economics and energy independence to homeowners, installers and builders. The result is increased customer satisfaction through reduced anxiety concerning solar investment in the midst of changing utility policies, and remote system control for installers reducing the need for costly service calls.
Until now, solar users fell into two categories: off-grid, but with limited electrical use; and grid-tied with the ability to save money when the sun is shining, but with no option for power during outages or emergencies. OutBack Power's Grid/Hybrid systems with energy storage offer the best of both worlds: Homeowners can choose to go off-grid and store unused energy for future use, or use the grid as their backup when they need extra electricity beyond what their system can produce.
Crowdfunding campaign raises $2.2M to build solar roadways
It's crazy. It'll never work. They cost too much. They'll crack. They're too delicate. You'll slide off them. Oil companies will never let it happen.
Scott Brusaw, an electrical engineer from Idaho, has heard it all before. Over the past eight years, skeptics (like this one) have been telling him his concept for solar roadways — replacing America's roads with solar panels, creating a power grid where pavement used to be — won't work. But Brusaw suddenly has a reason why it will — actually, 2.2 million of them.
Solar Roadways' crowdfunding campaign, which closed on Monday, raised $2.2 million — more than double what Brusaw was seeking — in just two months. The campaign, the most popular in Indiegogo's history, attracted more than 48,000 backers from all 50 states and 165 countries.
"It's been humbling," Brusaw, 56, told Yahoo News. "Really, really humbling."
The success can be attributed, in part, to a cheeky seven-minute video ("Solar FREAKIN' Roadways!") that has been viewed more than 16 million times on YouTube.
China Might Be Winning The Race To Reduce Solar Costs
Many people, even fanatical advocates of solar power, are unaware quite how close we are to reaching a critical milestone in the industry. Within a fairly short space of time, solar generated electricity will be fully cost competitive with coal-powered electricity -- at least if the governments of the world’s two largest energy consuming nations have their way.
Both the U.S. and China have a stated goal of reducing the cost of solar generated electricity to that level, and quickly. How they are going about it says a lot about how each economic system works.
In the U.S., despite the complaints of some that a drift toward government control is taking place, private initiative and free markets still rule. The Department of Energy launched the SunShot initiative in 2011, with a stated goal of reducing the cost of solar power to be fully competitive with conventional energy sources by the end of this decade. The program funds grants, incentives and competitions to encourage private sector research that will improve the efficiency and lower the cost of solar energy.
The Chinese, faced with what is in many ways a more urgent need to achieve the same thing, have taken a different approach. In a manner more in keeping with their history and current economic system, they are beating the problem over the head with piles of cash until the desired outcome is achieved. It looks, if this excellent Michael Sankowski piece at Monetary Realism is to be believed, as if they are getting mighty close.
Massachusetts to open area the size of Rhode Island to offshore wind power
Massachusetts Deval Patrick and U.S. Interior Secretary Sally Jewell announced plans for a new proposed offshore wind power area of more than 742,000 acres, or 1,160 square miles, which would make it about the size of Rhode Island (1,214 sq-miles). This new area, where space would be auctioned in 4 different leases, would nearly double the federal offshore acreage available for large wind energy projects.
Secretary Jewell said that the government has learned from the Cape Wind offshore wind project in Nantucket Sound, which faced over a decade of opposition and lawsuits, and have picked a spot farther from the shore that should not be as contentious.
"We put in zones that we believe have both high potential and lower conflict," Jewell said. "But it's going to actually get down to a specific construction plan on a specific site and (an environmental) analysis to determine what people want to do economically and what that impact is going to be.
SolarCity is trying to become the Apple of solar power
SolarCity is already the largest installer of residential solar panels in the United States. Now the company is going a step further, buying up solar manufacturer Silevo and planning to build one of the world's biggest solar-panel factories in upstate New York.
The immediate goal here is vertical integration. The company, which was co-founded by Tesla CEO Elon Musk, wants to handle all aspects of the solar supply chain, from design to manufacturing to sales to installation. It's basically the Apple model — only for solar panels.
But SolarCity's ultimate aspiration is to drive down prices dramatically. In a call on Tuesday, Musk said that the aim was "to have solar power compete on an unsubsidized basis with fossil-fuel energy from the grid." (The company was also founded by brothers Lyndon and Peter Rive, who currently run it.)
Is that doable? SolarCity has had success with its current business model — offering rooftop solar systems at no upfront cost to customers who make monthly payments spread out over many years. The company now handles 25 percent of all US residential solar installations — and is aiming for 1 million customers by 2018. This latest move means SolarCity will be able to produce its own panels for these systems and try to lower its costs even further.
Maintaining Satcon Inverters
When Satcon, the former inverter manufacturer, closed shop, Photon Energy moved quickly and hired key technical personnel.
How battery technology can contribute to realize sustainability of electricity storage?
We can avoid hazardous materials by using the sodium-ion battery and I believe that the higher performance stationary sodium-ion batteries will provide abundant energy without relying on expensive and hazardous chemicals
Solar Monitoring Q&A with Locus Energy
The growth of distributed PV is showing no signs of slowing down, and with it solar monitoring is set to grow as well.
Obama's Climate Plan Is Leaking Methane
Natural gas production leaks methane along its entire supply chain - from drilling to storing, processing to distributing.
Improving the reliability and predictability of Hydro One's transmission and distribution assets
Millions of Assets and Data from Thirty Different Systems Visualized and Analyzed To Improve Grid Reliability
ABB Grows in the Solar Industry
The longer term players in the industry have definite roadmaps that focus on achieving the goal of making solar power competitive over the long term.
How Upsolar America Sees the Future of the PV Industry
The biggest trend we're seeing in the U.S. is the development of new tools to help customers overcome the financial hurdles of going solar.
Evolution and Future Growth of Renewable Energy
To learn more about the future of renewable energy, checkout the infographic below created by the New Jersey Institute of Technology
Leave the Gas at the Station:
Electric Cars Charge into the Future
Unsure about whether electric cars are here to stay or whether they are the best choice for your needs? Here is everything you need to know about these cost-efficient, environmentally friendly, and ever-improving wonder vehicles!
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