April 28 Energy News

April 28, 2016

World:

¶ Australian credit finance group FlexiGroup has made a landmark issue of green Asset Backed Securities, a type of bond, raising $50 million to refinance residential rooftop solar systems in Australia. The issue brings rooftop solar into the mainstream bond market in Australia for the first time. [RenewEconomy]

Rooftop solar systems

Rooftop solar systems

¶ The end of the internal combustion engine may be in sight. The Austrian Ministry of Agriculture and Environment is working on a study that would mean an end to conventional cars sales by 2020. India, Norway, and the Netherlands have plans to end sales by 2025. [Renewables International]

¶ Global solar installations are expected to reach 66.7 GW in 2016, thanks to strong growth in China, the US, Japan, and India, according to Mercom. According to the Solar Market Update, China, the United States, Japan, and India will make up the year’s top four solar markets. [CleanTechnica]

¶ ITM Power will provide a 1.5-MW electrolyzer for the BIG HIT (Building Innovative Green Hydrogen systems in an Isolated Territory) on Orkney Islands, Scotland. A €5-million grant for the project came from the Fuel Cells and Hydrogen Joint Undertaking. [SeeNews Renewables]

Source: ITM Power (http://www.itm-power.com). License: All Rights Reserved.

Source: ITM Power License: All Rights Reserved.

¶ Laos aims to use Monsoon Wind Power, ASEAN’s largest wind farm, as an exemplary prototype. At 600-MW capacity, it will be the largest wind farm in ASEAN. The site covers two districts in southern Laos, Dak Cheung in Sekong province and Sanxay in Attapeu province. [The Nation]

¶ The International Solar Alliance has reiterated its desire to mobilize $1 trillion in investments to improve solar assets. Launched by India and France at the UN Climate Change Conference in Paris, the International Solar Alliance is made up of governments from 25 countries. [CleanTechnica]

¶ Siemens has received an order for the supply, installation and commissioning of 60 direct-drive offshore wind turbines, each with a capacity of 6 MW. The Arkona offshore wind farm is set to be in service by 2019 with a capacity sufficient to supply up to 400,000 German households. [Renewable Energy Focus]

Offshore wind farm. Photo by El Pollock. CC BY-SA 2.0. Wikimedia Commons.

Offshore wind farm. Photo by El Pollock. CC BY-SA 2.0. Wikimedia Commons.

¶ A change in the electric power matrix will allow Cuba to increase its own energy production from 4% to 24 % of the total by 2030, said an expert from the Cuban Energy and Mining Ministry on Wednesday. Cuba should have capacity to generate 7,245 GW in the year 2030. [Prensa Latina]

¶ Siemens has received an order for 714 MW worth of wind turbines for the East Anglia ONE offshore wind farm. The order is for 102 of its 7 MW turbines, each with a rotor diameter of 154 meters, for the East Anglia ONE offshore wind farm being developed off the British east coast. [CleanTechnica]

US:

¶ The Federal Energy Regulatory Commission released its monthly Energy Infrastructure Update yesterday, April 27. In the first quarter of this year, 98.6% of all new electric capacity additions in the US have been renewable. This does not include small solar power additions. [Green Energy Times]

Wind turbine in Hull, Massachusetts. Photo by Fish Cop, placed in the public domain by the author. Wikimedia Commons.

Wind turbine in Hull, Massachusetts. Photo by Fish Cop, placed in the public domain by the author. Wikimedia Commons.

¶ Mississippi Power, Silicon Ranch Corporation, local officials from Hattiesburg and Forrest County, and the Area Development Partnership, held a groundbreaking ceremony for the state’s largest solar farm. The 50-MW facility will supply power for about 6,500 homes. [Consumer Electronics Net]

¶ With solar power to equal the output of the Seabrook nuclear plant, along with sufficient efficiency programs and demand response, New England should have more than enough electricity resources to meet demand this summer, even during a heat wave, according to ISO New England. [Concord Monitor]

Rooftop solar panels are an increasingly large part of New England's power grid. Associated Press

Rooftop solar panels are an increasingly large part of New England’s power grid. Associated Press

¶ Maine’s Governor Paul LePage vetoed a landmark solar energy bill Wednesday, after failed attempts by Democratic leadership to reach a compromise during extensive negotiations. Solar advocates now plan to press lawmakers to override the veto when they reconvene Friday. [Press Herald]

¶ The Vermont House gave unanimous approval to S230, a bill that aims to give towns a say over where renewable energy projects are sited. While some Vermonters hoped the Legislature would let towns make siting decisions, the bill involves local, regional and state planners. [Vermont Biz]

Two windmills stand above a farm in Sheldon. VBM photo.

Two windmills stand above a farm in Sheldon. VBM photo.

¶ Utilities are laying out cash to influence politicians. Ten spent more than $250 million total on political expenditures over a five-year period beginning in 2011, according to a report from the Investor Responsibility Research Center Institute and the Sustainable Investments Institute. [Greentech Media]

One Response to “April 28 Energy News”


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: