INTERSOLAR ENTERS ONE OF THE MOST PROMISING, BUT CHALLENGING PV MARKETS
The Iranian Deputy Minister for Energy, Dr. Sattar Mahmoudi, and the Managing Director of the Renewable Energy Organization of Iran (SUNA), Dr. Seyed Mohammad Sadeghzadeh, welcomed more than 400 attendees, twice as many as expected, at the first Intersolar Summit Iran in Tehran on November 15, 2016. Main discussions were about grid-integration solutions, financing and foreign investments.
PVinsights: Strong dollar pulls solar components lower
Solar panel prices continue to tumble this week. The strengthen greenback has resulted a pullback on major currency of RMB, Yen and Euro that negatively impacts solar panel prices as translated to dollar term. In China, as the demand has seen tempered a bit, solar panel price remain quite stable in RMB term, but results a price drop when it translates into dollar term. Similar situation also applies to the European market. Moreover, besides the impact of Euro depreciation, the demand for solar panels also seems to become quitter due to the upcoming holiday season in December. Meanwhile, although Japan and India are stepping into the traditional hot season, the improved demand and prices in solar module prices in regional currency could hardly to balance off the impacts of strong dollar. In US, solar panel prices continue to slump due to intensified price competition by solar module makers.
ecovatios, First 100% Green Utility Company to Promote PV Self-consumption Projects in Spain
The independent green power retailer uses aerial imagery technology to generate project proposals, including their financial analysis, in less than 24h.
Tesla powers a whole island with solar to show off its energy chops
James Vincent for The Verge: Tesla completed its $2.6 billion acquisition of SolarCity this week, and, to celebrate, the company has announced a major solar energy project: wiring up the whole island of Ta’u in American Samoa. Previously, the island ran on diesel generators, but over the past year Tesla has installed a microgrid of solar energy panels and batteries that will supply "nearly 100 percent" of power needs for Ta’u’s 600 residents.
The project seems intended to show off the potential benefits of the SolarCity acquisition, with Ta’u’s microgrid comprised of 5,328 solar panels from SolarCity and Tesla, along with 60 Tesla Powerpacks batteries for storage. But buying SolarCity remains a risky move for Tesla, with the purchase including billions of dollars of debt for a company that's far from profitable (SolarCity spends $6 for every $1 it makes in sales). Nevertheless, Tesla CEO Elon Musk describes the acquisition as "blindingly obvious" — a necessary step in his so-called "Master Plan" to integrate clean energy generation and storage. Cont'd...
Integrated Energy Systems
Opportunities for solar installers to offer storage as an integral part of their solutions are opening up everywhere, from mitigating the impact of power outages, the increase in distributed renewable generation at times of low use, the rising costs of base and peak power and the trend of some states to reduce or eliminate net metering programs.
DOE study Confirms Vast Untapped Energy and Jobs Potential for Distributed Wind Energy Systems
Today the National Renewable Energy Lab (NREL), under the direction and funding of the U.S. Department of Energy (DOE), released a first ever technical and economic analysis of distributed wind powers potential in the U.S. Distributed wind typically means smaller wind turbines installed at homes, farms, businesses, and public facilities where they serve to reduce consumers electric bills. The key finding in the new study is that distributed wind could be installed at millions of locations nationwide and has the technical potential to power the entire U.S. electrical system.
SunTegra Teams Up With Brookside Development To Offer "Solar Roofs" in Connecticut
First Installation Receives "The Best Green Energy Efficient Home" Award in the Home Builders & Remodelers Association of Connecticut's 2016 Home Building Industry Awards
Stem Becomes First Energy Storage Provider to Meet Crucial Reliability and Performance Requirements for Southern California Edison
Achieves numerous industry firsts based on diversity of systems, customers,
and experience deploying and controlling systems.
EnergySage Launches First-Ever Community Solar Marketplace
New marketplace dramatically simplifies the process of finding, evaluating and connecting with local community solar providers
Meet Decision Makers at India's Newest Renewable Energy Event
Renewable Energy World India, Conference & Exhibition,
17-19 May 2017, Pragati Maidan, New Delhi, India, www.renewableenergyworldindia.com
FUGRO'S CABLE LAY SPREAD COMPLETES PHASE 1 AT RAMPION OFFSHORE WIND FARM
Fugro has completed phase one of cable laying operations on schedule at the Rampion Offshore Wind Farm, as the programme takes a break over winter.
Power to the people: Solar panel sales to soon surpass leasing
Lucas Mearian for ComputerWorld: Direct ownership of solar power panels will overtake third-party ownership next year as more consumers are choosing to buy, rather than lease, their panels.
According to GTM Research's latest report, U.S. Residential Solar Financing 2016-2021, 55% of all U.S. residential solar capacity installed in 2017 will be purchased by customers paying either in cash, or through a solar loan financing arrangement; that number is expected to grow to 73% of all solar systems installed in 2021. Cont'd...
Want to boost wind and solar power? Bring them together
Ben Jervey for GreenBiz: What’s keeping solar and wind power from fully taking over the electric grid? For starters, the sun only shines during the day. Wind blows intermittently, is seasonally variable, and is not always blowing when the energy is needed.
But what if solar and wind work together? "Wind resource tends to complement solar resource," said Sarah Kurtz of the U.S. Department of Energy’s National Renewable Energy Laboratory. "Here in Colorado, for instance, the windiest time is during the winter and spring months. In winter, we don’t have as much sunshine, but we tend to get more wind and stronger wind."
A handful of enterprising renewable energy developers are exploring how solar and wind might better work together, developing hybrid solar-wind projects to take advantage of the power-generating strengths of each — with the two technologies in tandem serving as a better replacement for climate-warming fossil fuels than either could be alone. Cont'd...
Solar Certification Fund: 8th call launched
Fosters quality assurance for tomorrows Solar Thermal technology!
Solar reverses amid strong dollar and demand concern
Due to the recent turmoil on foreign exchange market, strong dollar has dragged down overall solar panel prices to decline this week. In China, although the demand seems solid, the attempts to raise the price quotes only have limited success. Such demand improvement is not strong enough for PV developers to accept the price hike that have many solar module makers to suffer with eroded margins. Moreover, due to the RMB depreciation, the slight price improvement in RMB term has been hindered in USD terms. Meanwhile, the strengthened greenback has also suppressed solar panel prices in Japan as Yen weakens. Solar panel prices in EU have plateaued in euro, but reflect a price drop in USD term. On the other hand, the persistent pressure continues to build on the solar panel prices in the US, following the rising speculation of stagnate US demand and the uncertain atmosphere around the Presidential Election. Consequently, overall solar panel prices perform a drop this week.
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