Big Moves
Array Technologies signs another big-ticket solar tracker contract
New Mexico-based manufacturer Array Technologies has signed a 1-GW tracker supply agreement, this time for a total of 1 GW of DuraTrack single-axis solar trackers with RP Construction Services. Deliveries under the agreement are expected to commence in December 2020 and continue through the end of 2021.
News
Better Energy and Industriens Pension to develop 1 GW of subsidy-free solar in Denmark and Poland
Danish solar energy developer, Better Energy has signed a deal with Danish Pension Fund, Industriens Pension which will see them develop 1 GW of solar projects in Denmark and Poland. The deal includes $243 million in equity as well as long term financing in terms of mortgage loans.
Interviews
No country can come near 100% renewables without hydropower: International Hydropower Association’s Roger Gill
The world has about 160 GW of pumped storage installed capacity at the moment – storing at least 9,000 GWh of electricity. Indeed over 94 per cent of the world’s entire energy storage is pumped hydro. We need to double this capacity: that’s another 160 GW. But if the market structures are ill defined, investors won’t fund these projects.
Opinion & Perspective
Bolstered offshore wind pipeline presents upside risk to Brazilian wind power sector
Growing momentum for the development of offshore wind capacity in Brazil presents significant upside risk to our mid- to long-term wind power forecasts. While the continued suspension of power and renewables auctions presents some downside risks to our medium to long-term growth outlook for the wind power sector, risks remain mostly to the upside.
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Mega Trends & Analysis
If green energy is the future, how can technology lead the way?
While there is tremendous growth in, and potential for, renewables, grid stability remains a barrier to progress. Hydrogen and artificial intelligence look set to play critical roles as countries turn to technology to help solve the problems of scaling up renewables.
Policy Watch
Decommissioning of Onshore Wind Turbines
Today 34,000 turbines are 15 years or older, representing 36 GW of onshore wind capacity. Most of the ageing capacity is in Germany, followed by Spain, Italy and France. This is a significant volume that needs certain logistics in place to proceed with dismantling, collection, transportation, waste management treatment & finally site restoration.
Tech Talk
How PV-plus- storage will compete with gas generation in the U.S.
The combination of ever-cheaper energy storage systems and state and federal policy support has heightened utilities’ interest in hybrid projects combining solar photovoltaics and storage (known as PVS for short). There are now over 19 GW of PVS projects in the pipeline in the U.S and expected to come online by 2023, and an additional 80 GW of projects in the interconnection queue.
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Webinars & Videos
Collaborative financing for renewable energy in emerging markets
As the global fight against climate change intensifies, corporates worldwide are increasingly focusing on meeting their sustainability targets through procuring renewable energy.
Knowledge Centre
The value of diversifying uncertain renewable generation through the transmission system in US
The US electricity sector is in the midst of an accelerating transformation. More than 20 states currently have mandates or goals to get the majority of their energy from renewables by 2050. Transmission plays a critical role in the cost-effective integration of these resources to meet state targets.
Finance
Opportunities for green finance in the Philippines
The Philippines has been one of the fastest growing economies in the Association of Southeast Asian Nations (ASEAN) and despite the covid-19 crisis, the economic growth is expected to rebound gradually in 2021–2022. However, this recovery from the COVID-19 crisis would need urgent focus on green infrastructure and creating an enabling environment for these investments. The Green Infrastructure Investment Opportunities: Philippines 2020 Report has been prepared by the Climate Bonds Initiative (CBI).
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