The report “Distributed Wind Market Report: 2021 Edition” was prepared for the U.S. Department of Energy, Office of Energy Efficiency and Renewable Energy, Wind Energy Technologies Office. This is an annual report which provides stakeholders with market statistics and analysis along with insights into market trends and characteristics.
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The Power Statistics Pocketbook for Selected African Countries was prepared by the Economic andSocial Statistics Division of the Statistics Department (ECST) of the African Development Bank in close collaboration with Energy Financial Solutions, Policy and Regulation Department. This Pocketbook represents the end of this cycle of data collection, verification and publication. The selection of 16 African countries for the power survey was chosen to serve as a representative sample.
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Federal climate infrastructure investments like those proposed in the 2021 reconciliation bill are essential for achieving our targets for emissions reductions. States that were previously not taking steps to decarbonize will now take action because the federal investments will have made it cost-effective to do so. The proposed federal funding, in addition to the actions of local governments, businesses, and civil institutions, can set the US on a path for meeting the NDC.
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Indonesia is one of the world’s biggest energy consumers, with the country’s energy sector accounting for almost 35 per cent of the total greenhouse gas (GHG) emissions. The report published by the Institute for Essential Services Reform (IESR) called “Critical review on the biofuel development policy in Indonesia” aims to assess the Government’s efforts and policies towards accelerating the development of biofuel, its economic, environmental, and social impact on the country and its potential in the coming years.
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Orsted and Uniper, a German energy provider, have signed a MoU to jointly develop large-scale offshore wind with hydrogen. This will be accomplished in part by direct integration of hydrogen generation from offshore wind power at the German port of Wilhelmshaven.
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Lightsource bp, a British renewables developer, has secured a $1.8 billion credit and trade finance facility to support the expansion of its solar energy portfolio. The company has a target to develop 25 GW of solar projects by 2025. Additionally, the company is also creating a 9 GW portfolio in the US, following its acquisition from the Texas based 7X Energy.
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Sterling and Wilson Solar, an EPC and O&M solutions provider, has commissioned a 66 MW solar power plant in Jordan. The Al Husainiyah power plant is located in Ma’an Governorate, south of Jordan’s capital Amman. The project is located on an area of 1.3 sq. kms.
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Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Doing so could lock Asia into a high-emitting future while also posing a credibility and greenwashing problem that Asian policymakers and ESG debt investors would be wise to avoid.
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The report “Hot Spots for Renewable Heat: Decarbonizing Low- to Medium-Temperature Industrial Heat Across the G-20” is has been prepared by a collaboration between World Business Council on Sustainable Development (WBCSD) and BloombergNEF. This report is intended to provide guidance on the markets that are particularly attractive for renewable heat solutions. It also explores the applicability of specific technology solutions.
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The Greefspan II solar photovoltaic power plant is the newest addition to South Africa’s operational commercial solar plants. It is located in the Northern Cape province of South Africa. The project has been established under a partnership between the fund manager African Infrastructure Investment Managers (AIIM), the Spanish company TSK and South Africa’s Umbono Energy Partners. The total capacity of the plant is 63.2 MW, with roughly 188,822 photovoltaic modules installed.
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The EV Policy Pathway Working Group – consisting of seven Government Departments and the Sustainable Authority of Ireland – considered a mix of policies to enable Ireland to meet this Climate Action Plan target, which will require a significant ramping-up of EV sales. This report summarises the Working Group’s findings and recommendations.
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IEA Key World Energy Statistics (KWES) is an introduction to energy statistics, providing top-level numbers across the energy mix, from supply and demand, to prices and research budgets, including outlooks, energy indicators and definitions. KWES is part of the IEA’s annual edition of the world’s most comprehensive series of energy databases and data services, which include World Energy Statistics and Balances and the full range of fuel information data services.
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Over the next decade, a key challenge of the Czech Republic’s energy sector is to prepare for the phase-out of coal from the energy mix. In the Czech Republic, renewables do not yet play a major role in TES, although their share has increased by 71 per cent since 2009. The International Energy Agency has released a report titled. “Czech Republic 2021: Energy Policy Review” which provides detailed coverage of the country’s energy sector.
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Australia’s largest corporations are making ambitious commitments to decarbonise, with many announcing plans to become carbon neutral by 2050. The pathways to achieving these goals are likely to be varied and multi-faceted. In the short term, companies can consider procuring renewable sourced energy or purchasing offsets and increasing energy efficiencies, but there are some hard-to-abate areas that will require longer-term solutions.
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American Securities LLC, a private equity firm, has entered into an agreement to acquire Swinerton Renewable Energy, the renewable energy division of Swinerton Builders, and the wholly-owned subsidiary SOLV, Inc. from Swinerton Incorporated. The acquisition will combine Swinerton’s existing Engineering, Procurement and Construction (EPC) and Operations and Maintenance (O&M) service groups under one company named, SOLV Energy.
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TSE, a private French company specialising in solar energy, has inaugurated its 152 MW solar facility in Marville, France, which was built in collaboration with Enerparc AG. The Marville power station presently contains roughly 364,000 solar modules, some of which include revolutionary bifacial contemporary technology. The total installed power of 152MWp produced roughly 160 GWh per year, which is enough to meet 90 per cent of Verdun city’s annual usage.
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India’s Power Finance Corporation Limited (PFC), a non-banking financial company (NBFC) in the electricity sector, has launched its first Euro 300 million seven-year Euro Bond issuance. As per the reports, the 1.841 per cent pricing attained is the lowest yield locked in by an Indian issuer in the Euro markets.
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Solar Americas Capital is planning to facilitate over 2 GW of solar power in Brazil by the year 2026, in collaboration with multiple corporations in Brazil. Leveraging its experience in Brazil, Solar Americas will cofound, identify, build and manage the solar assets for commercial partners.
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ACWA Power has won the bid for the construction and operation of a 100 MW wind power project in Uzbekistan. The company won the bid with the lowest tariff of $2.5695 cents per kWh. The tender will make the first competitively procured wind power plant in Uzbekistan.
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Royal Dutch Shell has announced its plans to build an 820,000-tonnes-a-year biofuels facility located at the Shell Energy and Chemicals Park, Rotterdam, in the Netherlands.
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