UGE Works with Export Development Canada to Arrange Construction Finance Facility for International Commercial Solar Projects
UGE International Ltd. (UGE.V) (UGEIF) ("UGE" or "the Company"), a leader in renewable energy solutions for the commercial and industrial sector, today announces that it has arranged a construction finance facility backed by Export Development Canada ("EDC") to provide the Company with competitive construction financing for the development of its international solar projects.
By 2025, 84 Percent of Projects in the Grid-Tied Stationary Battery Energy Storage Market Are Expected to Be Financed by Third Parties or Utilities, According to Navigant Research
To advance in this sector, energy project finance investors need to understand the unique risks associated with battery energy storage systems, report finds
Is The Best Analogy For The Energy Storage Business--Eeek!--Hard Drives?
Michael Kanellos for Forbes: The optimism in the energy storage industry is based on soaring demand, rapid technological advances, expanding capacity and, for some, what will likely be a scary competitive environment.
First, the good news. Lithium ion battery packs over the last ten years have declined faster than the cost of solar, said John Carrington, CEO of Stem, which makes behind-the-meter storage systems for hotels and other commercial customers looking to shave peak power costs, during a hallway meeting at Finance West sponsored by the American Council of Renewable Energy this week.
Solar panels have declined by 50% or more in the last five years. Batteries have declined by 80% in three years, he said. Battery packs hit the under $300 per kilowatt hour mark last December, Carrington added. By 2020, battery pack prices could drop to $190 per kilowatt hour. (In 2007, lithium ion battery packs in the wholesale markets sold for around $1,000 per kilowatt hour.) Cont'd...
Moringa Biodiesel Breakthrough
ABC breakthroughs in Moringa oil Plantation, a new Moringa tree varietal, and a high-amount Moringa oils. ABC revealed that a new varietal of Moringa tree Seed had been developed after several years research and trials. This varietal has been named Maru-Moringa(MOMAX3) due to the location of its discovery. The MOMAX3 cultivar is noteworthy for producing a very high quality of Moringa oil with five times more quantity than available Moringa seeds variety.
IRENA Welcomes Paris Agreement as Strong Enabler for Renewable Energy Action
IRENA chief applauds rapid progress on climate action framework
PVinsights: Upstream Momentum gradually tempers
As the mid-stream wafer makers continue to recover the production, the surge in demand has successfully pushed up the price of polysilicon continuously this week. However, the scope of polysilicon price uptrend has become slower, as witnessed more conservative moves by Chinese polysilicon makers. Major Chinese polysilicon makers have expressed their concerns over the rising polysilicon prices as they found the demand recovery in the end market seems not that strong. Hence, after the rapid uptick in October, they intend to slow the pace on increasing the prices in order to have a more sustainable growth.
InnoEnergy launches the 'LinkedIn' of sustainable innovation
CommUnity to connect sustainable energy industry
NEC Energy Solutions to Supply Major California Utility With First "Plug-And-Play" Battery Grid Energy Storage Solution
Standardized Energy Storage Systems To Support Distribution Grid Reliability
Solar thermal contribution the 2020 targets: Sector has potential for doing more
This summary underlines the relevance of the renewable heating and cooling (RES-HC) sector and that a stronger contribution of RES-HC can push Member States closer to their 2020 targets and the European Union closer to reach the Energy Union goals.
Cheapest clean power cut out of UK market
Analysis shows standard solar financing method no longer viable in the UK
STA calls for new auction round for cheapest renewables to benefit consumers
New York set for offshore wind after environmental review
Daniel J. Graeber fro UPI: Areas off the New York coast will be open for offshore wind energy bidders, but some area is reserved because of ecological concerns, the U.S. government said.
The U.S. Interior Department, in coordination with its Bureau of Ocean Energy Management, said it would open 79,350 acres off the coast of New York up for a commercial wind energy lease sale. About 1,780 acres was removed because of environmental concerns associated with a subsea feature known as the Cholera Bank.
"In a comment letter, the National Marine Fisheries Service identified the Cholera Bank feature as a sensitive habitat to be avoided for the placement of structures," an Interior Department stated read. "As a result of this removal, the revised lease area will be approximately two percent smaller than the lease area considered in the proposed sale notice." Cont'd...
Tower of Babel: Making Sure Smart Meters Speak the Same Language
Through interoperability, smart meters help utilities and manufacturers realize the promise of the Internet of Things.
Renewable Energy Procurement: Trends, Outlook & Strategy
Replacing electricity generated from burning fossil fuels with electricity from wind and solar is a good business strategy
Falling Costs and Tech Innovations Will Drive Offshore Wind Power Boom
Offshore wind could grow more than 650% by 2030, becoming a key power generation technology
Elon Musk wants to sell you a better-looking solar roof amid slowing growth for panels
Ivan Penn and Russ Mitchell for The LA Times: Like some kind of 21st century Willy Wonka, audacious entrepreneur Elon Muskchose a prime spot on the Universal Studios Hollywood backlot tour to unveil his latest attempt to energize an industry — roofs that generate solar power but look like no other.
Musk, the chief executive of Tesla Motors and chairman of SolarCity, showcased a line of high-design solar roof tiles that would replace clunky solar panels and tie into an upgraded version of the Tesla wall-mounted battery for those times when the sun doesn’t shine. The glass solar shingles resemble French slate, Tuscan barrel tile or more conventional roofing materials with a textured or smooth surface.
“The key is to make solar look good,” Musk said during the product introduction staged on the old set of ABC’s “Desperate Housewives” series, where he had re-roofed four of the Wisteria Lane houses. “If this is done right, all roofs will have solar.” Cont'd..
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