EU bank signs deals to back nine Spanish solar plants
By Christopher Hopson European Investment Bank to provide €66m to co-finance construction of 436MW of new PV projects Read Full Article Here For more great articles: www.rechargenews.com
Tagged Finance
One More Time, With Feeling: GE’s Latest Approach to Energy Storage
By [email protected] Century-old electric technology company GE kicked off 2019 with yet another reorg. The workhorse Power division was split up, to start. Though still a top supplier of the world’s natural-gas turbines, the division had turned into a money-loser as renewables adoption surged. Meanwhile, an expanded Renewable Energy division materialized with some 40,000 employees…
One More Time, With Feeling: GE’s Latest Approach to Energy Storage
By [email protected] Century-old electric technology company GE kicked off 2019 with yet another reorg. The workhorse Power division was split up, to start. Though still a top supplier of the world’s natural-gas turbines, the division had turned into a money-loser as renewables adoption surged. Meanwhile, an expanded Renewable Energy division materialized with some 40,000 employees…
Arizona commission extends PURPA solar contract terms to 18 years
By Billy Ludt The Arizona Corporation Commission (ACC) voted to reject a request from the state’s investor-owned utilities to set two-year contract terms for renewable energy projects under the federal Public Utility Regulatory Policies Act (PURPA). Instead, commissioners voted unanimously to set contract terms at 18 years, providing renewable energy developers the financial certainty they…
Loanpal Now No. 1 in the Booming Solar Loan Market
By [email protected] Solar loans started outperforming third-party-owned solar in early 2018. According to a new WoodMac report, the first half of 2019 saw loans claim a majority of the solar financing market first time, at 55 percent market share. Loan providers are continuing to build networks of installer partners around the country. Many are also…
Cost Reduction Practices – energy efficiency
By Rafael Herzberg Cost Reduction Practices – energy efficiencyThere is a “powerful” list of techniques to increase energy efficiency and thereby reducing costs.Finding out what makes economic and financial sense for each case and how to “make it happen” is the key to this question!Motors and drives, lighting, thermal insulation, energy control and management, waste…
Designing net zero and resilient economies
By FORESIGHT Contributor The launch of the Santiago Action Plan at the COP25 meeting in Madrid by finance ministers is an important step to ensure finance ministries play their role in accelerating the zero carbon transition, says Dileimy Orozco Policy Advisor at E3G At COP25 in Madrid yesterday (December 9, 2019), the Coalition of Finance…
Can we dig it? Battery metals market may be worth twice coal exports
By Tosh Szatow If Australia catches 25% of the battery metals market, it could double the mining revenue it currently gets from coal exports. The post Can we dig it? Battery metals market may be worth twice coal exports appeared first on RenewEconomy. Read Full Article Here For more great articles: Renew Economy
Recession Ahead: An Overview of Our Predicament
By Gail Tverberg Many people have the impression that recessions come from financial missteps, such as the US subprime loan fiasco. If energy is involved at all, the problem comes from high oil prices as supply becomes inadequate to meet demand. The real situation is different. We already seem to be on the road toward…
PM-KUSUM – Solarizing Agriculture Pumps in India
By ISEP Initiative for Sustainable Energy Policy The Cabinet Committee on Economic Affairs (CCEA), Government of India (GOI) launched the Kisan Urja Suraksha Evam Utthaan Mahaabhiyan (KUSUM) program and approved a central financial assistance (CFA) package of $ 6.8 billion in February 2019. The program aims to add a solar capacity of 25.75 GW by…
Victorian energy savings scheme target increase to 2025 with more upgrades eligible for financial incentives
By Press Release ESIA welcomes the release yesterday of the Victorian Energy Upgrades program RIS for target setting from 2021-25 which indicates the most ambitious targets since the program’s start in 2009 The post Victorian energy savings scheme target increase to 2025 with more upgrades eligible for financial incentives appeared first on RenewEconomy. Read Full…
Australian Government backs Verton’s wind turbine project
By Press Release The federal government has provided financial and strategic support for the development of a multi-million dollar ‘Windmaster’ wind turbine installation project. The post Australian Government backs Verton’s wind turbine project appeared first on RenewEconomy. Read Full Article Here For more great articles: Renew Economy
Investors Still Waging War With Spain Over Retroactive Cuts
By [email protected] Investors fighting Spain over retroactive cuts to feed-in tariffs for renewables projects are braced for more legal wrangling despite an offer to recover some revenue. It appears likely developers will ignore the regulatory olive branch from lawmakers in Madrid and instead continue pushing for what could be a substantially larger amount of compensation….
PVEL and partners now offering utility-scale solar insurance that would cover revenue losses due to weather
By Kelly Pickerel PV Evolution Labs (PVEL), Lloyd’s of London syndicate Ariel Re (a member of Argo Group) and Beecher Carlson Insurance Services announced today the introduction of PV PlantProtect, an innovative new insurance program that integrates technical due diligence practices to reduce the financial risk for utility-scale solar project developers. PV PlantProtect enhances solar…
Key considerations for buyer’s of battery storage systems
By Robert Magyar As the costs of battery storage continue to decline, its benefits are increasing in understanding. Yet there remains a level of uncertainty among end-users and financiers regarding how well a given battery system will perform. Source: T&D WorldWith more systems being deployed worldwide, buyers and investors, in particular, want to know the…