GameChange Solar announced that it has implemented a five to seven week delivery time standard for all tracker structural components, effective immediately. By the fourth quarter of 2016, this five to seven week standard will include the complete system with controllers and actuators (which currently require an additional two to five weeks).
Andrew Worden, CEO of GameChange Solar, stated:
“Customers have been asking for trackers to be manufactured and delivered quickly, and their needs have not been consistently met in the marketplace. At GameChange Solar we already established dependable and timely delivery timeframes for complete fixed tilt racking systems of five to seven weeks as a standard while often being able to deliver two weeks early. Now we are setting unparalleled service levels for trackers deliveries as well.
Customers need piles delivered most quickly of all, with bearings and row tubes immediately thereafter. We understand what sequence our customer require and make sure to get their first components to our customers quickly, in approximately five weeks. Bearings, hardware, controllers with their small solar panels, drive systems, and almost all other items are now becoming stock inventory items. We are building and keeping twenty percent of annual sales projections in inventory so that customers will see deliveries from GameChange Solar for Genius Trackers in five to seven weeks for complete systems by year end.”
GameChange Solar www.gamechangesolar.com
The Risky Business Project, led by Michael R. Bloomberg, Hank Paulson, and Tom Steyer, announced that it has initiated a new research project that moves from risk measurement to risk management: specifically, identifying the key opportunities and challenges businesses face in transitioning to a lower-carbon, more resilient economy. Its findings, From Risk to Return: Investing in a Clean Energy Economy, will be released in November 2016. The new report will build on a series of previous reports assessing the economic risks of climate change to U.S. business across different regions and sectors.
“While business leaders across America largely agree that climate change poses risks to their operations, many of them have serious questions about the hard economics of a transition to clean energy,” said Hank Paulson, former Treasury Secretary and Co-Chair of the Project. “With our new report, we’ll assess the opportunities that businesses can seize right now that will allow us to reduce climate risk while also increasing economic opportunities for American companies and their workers, and U.S. competitiveness amid a global shift toward cleaner energy technologies.”
From Risk to Return will take an objective look at the costs and benefits for American business as they consider the transition to an economy fueled by cleaner energy. Grounded in quantitative analyses and modeling of alternative economic scenarios, the report will:
Analyze different energy pathways, focusing on sources of energy that produce little to no greenhouse gas emissions.
Detail the level of investment needed for each pathway.
Identify areas of economic opportunity to be created by these energy transitions.
Outline near- and medium-term investment opportunities for businesses across nine U.S. census regions.
“Left unchecked, climate change poses a tremendous risk to our economy and we can’t wait to address it,” said Tom Steyer, California business leader, philanthropist, and Co-Chair of the Project. “American business plays a critical role in developing the solutions that will simultaneously grow our economy, create jobs, deliver strong returns, and advance technologies that will help reduce the costs that companies face from climate change.” Steyer discussed the new study during the Clean Energy Ministerial in San Francisco today, along with Risk Committee member and former Cargill CEO Greg Page.
This next phase of research will be advised by a Risk Committee composed of leading figures from business and government including two new members announced today: Anne Mulcahy, former Chair and CEO of Xerox; and Jim Owens, former Chair and CEO of Caterpillar. The Risk Committee will work to ensure that the project produces instructive and actionable data. The Project’s Co-Chairs and Risk Committee members will also meet with investors and industry leaders for guidance on the challenges and opportunities different sectors are facing from climate risk.
“The Risky Business Project has provided a good measure of climate change risks. Now we have to get to work on managing and reducing these risks,” said Michael Bloomberg, founder of Bloomberg L.P., 108th Mayor of New York City, and Risky Business Project Co-Chair. “It’s not about what happens 50 years from now. Businesses, cities and countries have decisions to make in the coming months and years about the type of energy we utilize, the homes we build and the transport we take. We can build a better, more prosperous America, with cleaner air for our children, if we choose to reduce carbon pollution now.”
The first set of Risky Business Project reports, released in 2014-2015, assessed the risks from climate change to the U.S. economy and to specific regions of the country. It found that damage resulting from climate change will have widespread effects across the American economy including on our water supply, labor productivity, agricultural production, coastal infrastructure and housing markets. The report found that if we continue with business as usual, by 2050 between $66 billion and $106 billion worth of existing coastal property will likely be below sea level.
“Businesses need to avoid short-term thinking if we’re going to reduce the long-term risks of climate change. I joined the Risky Business Project to help equip business leaders with the best available information on climate risks and on the opportunities that come from reducing them.” - Anne Mulcahy, former Chair and CEO of Xerox
"Action by business will determine how resilient we can make the U.S. economy to climate change. I decided to join the Risky Business Project because I think we can work with business leaders to craft sensible responses to climate risk. For the sake of future generations we need a strong economy and a healthy environment.” - Jim Owens, former Chair and CEO of Caterpillar
The Risky Business Project www.riskybusiness.org
DECC’s opinion tracker showed 80% of respondents supported solar as a source of electricity
Solar has once again been voted the UK’s most favoured source of renewable energy, according to the Department of Energy and Climate Change’s opinion tracker.
DECC surveyed consumers in late September on specific questions related to sources of energy generation. While the opinion tracker is compiled on a quarterly basis, set questions are only asked bi-quarterly so these results are the first since February to address solar and other renewables specifically.
Of those surveyed, 80% stated that they supported solar as a source of electricity while just six per cent said they opposed it. The results proved solar to be the most supported source of renewable electricity, with offshore wind and tidal joint-second with 73% support.
Solar even outstripped the support received for renewables in general. The opinion tracker found that 75% of respondents supported generation from renewables in principle.
The results come less than a month after DECC’s feed-in tariff consultation prompted more than 54,000 responses and Leonie Greene, head of external affairs at the Solar Trade Association, said the results and the consultation are evidence of “unprecedented” support for the industry and “widespread outrage” at the extent of the cuts,
“No other technology empowers consumers and communities to take charge of their energy bill and act on climate change like solar power. By cutting support for solar the government is taking power away from people, organisations and communities all over the UK – and they don’t like it one bit,” she said.
BayWa r.e. has sold the Pingewood solar farm, close to the town of Reading in Berkshire, England, to SUSI Renewable Energy Fund II. The investment fund, advised by the Swiss-based SUSI Partners AG, focuses on investments into renewable energy projects, representing the interests of institutional investors such as pension plans and insurers. The sale was closed on 24. September.
The installation, with an output capacity of about 15 MWp, was completed in the spring and supplies electricity to the public grid under the ROC scheme. It was built on a former landfill, adding value to this brownfield conversion site. The solar farm produces some 15,000 MWh every year, supplying sufficient power for 4600 households. BayWa r.e. continues to be responsible for the plant’s technical operations and management. The solar farm was financed by BayernLB, with whom BayWa r.e. has a long and successful history of collaboration.
"This is the first of four solar farms that we shall be selling this year in Great Britain," said Matthias Taft, Energy Director of BayWa AG and Chairman of the BayWa r.e. board. "We were able to secure a long-term Power Purchase Agreement (PPA) for the project, which made the investment even more attractive." The PPA provides for sale of the power generated at a fixed price over a period of 20 years. The purchaser under the agreement is McDonald’s Restaurants Ltd, which is thus able to supply its restaurants with renewable electricity.
BayWa r.e. is currently highly active in the British market. Aside from the planned sale of the completed projects, the beginning of August saw the starting gun fired for construction work on another solar farm. The Vine Farm project in eastern England will have a
capacity of 45 MWp, making it the largest individual project undertaken so far by BayWa r.e. in the field of solar energy.
It is scheduled for completion in March 2016. To date, the company has constructed solar and wind farms in the UK with a total output of over 260 MW. BayWa r.e. also continues to be on the lookout for new projects.
At a dedication event in Coconino County, SunEdison, Inc. (NYSE:SUNE), the largest global renewable energy development company, celebrated the commissioning of 1.2 megawatts (MW) DC of solar carport and rooftop systems at four Coconino County, Ariz., government facilities. The buildings include the county’s King Street Community Services building, law enforcement administration facility, juvenile detention center and correctional facility.
Coconino County is buying the solar power generated by the systems through a 25-year power purchase agreement, and estimates that they will save $2.7 million over the life of the agreement.
"By powering their buildings with clean, cost effective solar power, Coconino County is saving taxpayer dollars and driving economic growth in the community," said Mark Domine, SunEdison senior director for channel sales. "Coconino County is a leader in renewable energy, and these high performance SunEdison systems will ensure that the county is putting their abundant sunlight to good use."
"This solar project meets multiple county objectives: it saves taxpayer dollars through smart fiscal planning, improves county infrastructure, and demonstrates our leadership in the deployment of renewable energy technologies," said Art Babbott, Coconino County Board of Supervisors chair. "We look forward to reaping the economic and environmental benefits of this partnership with SunEdison for years to come."
The solar systems are expected to generate enough energy each year to power more than 190 homes and avoid the emission of more than 3 million pounds of carbon dioxide, the equivalent to taking 300 cars off the road.
Operation and maintenance of the solar installations will be performed by SunEdison Services, which provides global asset management, monitoring and reporting services.
NEXTracker™ http://www.nextracker.com/ , designer and manufacturer of the world’s most advanced single axis PV trackers, and Blattner Energy, a diversified power generation contractor, today announced a signed supply agreement totaling over 1.0 gigawatt (GW) of NEXTracker solar trackers to be deployed in projects throughout North America over the next two years.
“We’re very impressed with NEXTracker’s technology not only for the construction process, but more importantly the operational life of the plant,” said Stephen Jones, Director of Solar, Blattner Energy. “NEXTracker is a proven and respected supplier in the market today. We look forward to employing their technology on our projects.”
“We’re thrilled to be supplying our technology to Blattner, one of the most distinguished installers of renewable power generation systems in North America,” noted NEXTracker CEO Dan Shugar. “Deploying NEXTracker generates more energy and reduces installation time with a repeatable, self-powered system design that is flexible to varying site conditions. Those features, combined with lower operational costs, maximize financial returns to our project stakeholders.”
Global demand for solar trackers http://www.nextracker.com/projects.html is expanding rapidly. NEXTracker’s advanced features reduce overall layout constraints, the number of foundations and use of steel, wear and tear on drive components, and simplify wiring requirements. Certified to stringent UL2703 requirements, NEXTracker’s system eliminates separate grounding materials and associated installation costs.
Solarcentury has said that the “stylish” Sunstation rooftop panels it unveiled last week will spark a “major shift” in the UK’s adoption of solar systems.
The new Sunstation panels do away with the traditional blue panel on a silver frame and are made up of a “sleek” black solar panel which is fitted “discreetly” into the roof itself, the design of which has been endorsed by British designer Wayne Hemingway MBE.
“Great-looking solar is now available for people looking to generate their own energy and reduce their energy bills, whilst maintaining the character of the home. If you’ve been put off by traditional solar panels before, your worries alleviated,” Hemingway said.
Solarcentury said the new design was triggered by research that found that while 81% of homeowners want their homes to be more environmentally friendly, more than half (58%) found existing solar panel designs a turn off. Almost two-thirds (65%) said solar panels would have to be less visible if they were to consider installing them.
Solarcentury chief executive Frans van den Heuvel said the release of Sunstation panels marked the “arrival of solar for the mass market”.
“It’s always been our mission to make solar energy accessible for all. ince then we’ve poured our insights into developing a home solar system that not only looks great - so people will want it on their roofs – but is also far more affordable than other options on the market, meaning even more people can switch on to solar,” he added.
Sunstation panels are to be available to the market in July this year.
The Department of Energy and Climate Change (DECC) has doubled its estimate for solar deployment in the UK throughout Q1 2015, upgrading its total deployment forecast to 6.5GW.
Figures released by DECC late last week state that the UK had deployed 6,521MW of solar PV capacity by the end of March 2015, a significant increase on the 5.7GW capacity it originally forecast for the period in April.
The new figures take DECC’s total Q1 forecast to 1,285MW from an initial 614MW which, although ultimately more realistic than its previous estimate, still falls short of other figures suggested within the industry.
Research firm IHS estimated that 1.6GW had been added throughout the first quarter however other estimates have suggested the UK’s total deployment capacity at the end of the period could have stood at as much as 8GW.
The majority of the added capacity in Q1 predictably came from capacity commissioned and accredited under the Renewables Obligation and DECC has forecast that total capacity under the RO stood at 2.3GW at the end of Q1 2015, an increase of 15% (308MW) on Q4 2014 figures.
DECC also estimates solar PV capacity at the end of April to have stood at 6,562MW from almost 700,000 separate installations, an increase of just 41MW from the previous month’s total.
26 May 2015 - United Photovoltaics Group Limited (“United PV” or the “Company”, stock code: 00686.HK, whose largest shareholder is China Merchants New Energy Group “CMNE”), a leading solar power plant investor and operator in China today announced that, the Company will partner up with Huaxia Life Insurance Company Limited (“Huaxia Life”) to develop solar power plants in China, with a total installed capacity of 1GW and an aggregate consideration of RMB9 billion, in the coming two years.
Huaxia Life is a joint-stock life insurance company in the People’s Republic of China. The registered capital of Huaxia Life is RMB15.3 billion; it has over RMB160 billion of total assets, with more than 400 branches and approximately 40 thousand staff members across China. As insurance can offer a long term stability of financing, United PV sees the cooperation with Huaxia Life as another big step forward for its acquisition business of solar power plants. This cooperation will also push forward the installed solar power capacity of the Company.
It is believed that this cooperation will enhance the business structure and strengthen the capital base of the Company, also paving the way to a successful future and providing staunch support to the Company’s business. The Company strives to develop more investment and financing channels through alliancing with Chinese and overseas sizable financial institutions. United PV aims to create a cross-border platform for the new energy and finance sector through business collaborations with leading financial institutions overseas.
Mr. LU Zhenwei, Executive Director of United PV, said: “This cooperation marks the injection of Chinese insurance funds into the solar industry, fulfilling the strategic plan of the State Council. We look forward to welcoming new opportunities ahead through various collaborations.”
Banco Santander SA, Spain’s largest bank, started a low-carbon and water investment company backed by $2 billion in assets with two Canadian pension funds.
Cubico Sustainable Investments, based in London, will be held equally by Santander, the Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board, the investment company said Thursday.
“Renewable and water infrastructure developments require decisive long-term investment and commitment,” said Chief Executive Officer Marcos Sebares, previously of Santander. “We’ve already built a strong pipeline of attractive assets.” The aim is to double the size of Cubico within five years, targeting returns of at least 10 percent depending on the risk profile, geography and stage of project development, Sebares said in a conference call.
The $2 billion portfolio comprises 19 wind, solar and water facilities either operating or being built. Previously owned by Madrid-based Santander, the sites generate more than 1,400 megawatts and are in Brazil, Mexico, Uruguay, Italy, Portugal, Spain and the U.K. Company plans are to enter Peru and Colombia and to consider investments in offshore wind.
“With renewables technologies maturing, the sector is seeing increasing interest from institutional investors such as pension funds,” said Janis Hoberg, an analyst at Bloomberg New Energy Finance. “They may be particularly attracted by the yields offered by renewables projects in Europe thanks to current low interest rates and slowly diminishing policy risk.”