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Manufacturing FDI into India on an upward curve

Figures show 2018 was India’s best year for manufacturing FDI in seven years.




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UAE is manufacturers' top choice in Middle East

The UAE remained the Middle East's most popular destination for foreign manufacturing investments in 2018.




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Sweden's EV boom under threat as electricity demand outstrips capacity

Sweden’s ambitious plan to drastically cut emissions from transport by bringing millions of electric cars onto the road could be derailed by a lack of power capacity for new charging stations in major cities.




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New York to pass 'one of the most aggressive clean energy mandates in the country'

New York is poised to pass its own version of the Green New Deal with a climate bill that would more than triple the state’s solar capacity and aggressively promote development of wind farms off the state’s coast.




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Power companies in New England tapping residential batteries to reduce peak demand

Here’s the latest wrinkle in the battery boom: National Grid Plc is paying consumers to tap electricity from their power-storage systems.




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German clean-energy fund sees promise in US distributed solar development

Germany-based clean-energy fund Hep Kapitalverwaltung AG agreed to invest $50 million to $80 million annually in a partnership to develop small solar projects in the U.S.




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Utility device and data management technologies revenue could exceed $22 billion by 2027edit

A new report from Navigant Research released this week says that revenue from device and data management technologies could grow from approximately $14.8 billion in 2018 to more than $22.1 billion in 2027 at a compound annual growth rate (CAGR) of 4.6%.




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SolarEdge founder and co-chairman dies at 54

In a statement, SolarEdge Technologies announced that the company's founder and co-chairman, Guy Sella has passed away.




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World’s largest hospital solar PV project online now in Aman, Jordan

This week Aman, Jordan-based Philadelphia Solar announced that the 8.2-MW solar PV project that it installed at the Abdali Medical Center in Jordan has entered commercial operation.




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Hydro Tasmania accelerating site investigations for pumped storage hydropower

Hydro Tasmania says it is accelerating detailed investigation of three key opportunities for pumped storage hydro development in the state as part of the Battery of the Nation initiative. Work has begun on a full feasibility assessment of pumped hydro development opportunities at Lake Cethana and Lake Rowallan in the northwest and near Tribute Power Station on the West Coast.




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Holtec, Eos create battery manufacturing JV

Eos Energy Storage and energy equipment firm Holtec International are creating a joint venture to produce Eos’ next generation of large-scale zinc batteries.




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Unintended fallout of Trump steel duty: solar manufacturers buying abroad

The Trump administration imposed a tariff on steel imports last year to get companies to buy more American metal. In some ways, the duty has the U.S. solar business doing the exact opposite.




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First Chinese-owned solar PV manufacturing plant opens in the US

This week JinkoSolar held an opening ceremony at its new manufacturing facility in Jacksonville, Florida. The facility made headlines when it was announced due to the fact that the Chinese company decided to set up manufacturing in the U.S. in response to solar tariffs that are put on solar cells and modules imported from China. To date, Jinko is the only Chinese-owned solar manufacturer to set up a facility in the U.S.




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Utility-linked group seeks to dismantle net metering in Michigan

Nonprofit advocacy groups linked to DTE Energy are waging a public campaign to significantly reduce the amount customers are paid for their solar power, in line with the utility’s request before Michigan regulators.




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Germany generated more than 50 percent of electricity from renewables in March

In a first for the country, Germany generated 54.5 percent of electricity from renewable energy in March 2019. This is according to data collected by the Fraunhofer Institute for Solar Energy Systems.




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AES refinances solar portfolio with help of insurance against underperformance

kWh Analytics, a leader in solar risk management, this week announced the first refinancing supported by the Solar Revenue Put. The portfolio of 41 projects, owned by AES, totaling approximately 28 MW DC of capacity is located in Arizona and Massachusetts. The portfolio is being funded by Silicon Valley Bank and a Japanese financial services company. Swiss Re Corporate Solutions, a leading global corporate insurer, is providing capacity for the Solar Revenue Put.




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Demystifying bank solar asset management with U.S. Bank, Wells Fargo, and kWh Analytics

Bank asset management is known to be an opaque subject. Thankfully, Diana Weis and Sarah Disch, each co-heads of the Solar Asset Management groups at their organizations, U.S. Bank and Wells Fargo Bank respectively, shared their expertise with me at SAMNA 2019. They each have over a decade of experience in solar finance. Here are three key takeaways bank asset management experts Weis and Disch shared:




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Machine learning, AI aiding Sempra utilities in solar energy management on the grid

This week Sempra Energy subsidiary PXiSE Energy Solutions announced that Sempra-owned development company Infraestructura Energetica Nova (IEnova) would be using its software at the 110-MW Pima Solar facility located in Mexico to help manage the integration of renewable power to the electric grid.




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Shell to replace gas with solar for Oman port

SOHAR deep-sea port and free-zone has signed a 600-hectare lease agreement with Shell Development Oman (SDO) for land to set up industrial and commercial solar panels. The port is managed in a joint-venture between the Port of Rotterdam and the Sultanate of Oman.




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Goldman Sachs sees solar panel prices stabilizing

Goldman Sachs Group Inc. sees an end to the gloom for solar manufacturers as demand in China stabilizes and free-falling panel prices bottom out.





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New York to pass 'one of the most aggressive clean energy mandates in the country'

New York is poised to pass its own version of the Green New Deal with a climate bill that would more than triple the state’s solar capacity and aggressively promote development of wind farms off the state’s coast.




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Colin Chapman's Lotus Esprit is for sale

A Lotus Esprit formerly owned by company founder Colin Chapman is up for sale through British dealer Mark Donaldson. As detailed by Motor Sport, the car is a 1981 Series 3 Turbo model with some modifications specified by Chapman, including power steering and a pollen filter to help alleviate his hay fever. The car rides on a lowered suspension...




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Porsche 718 Cayman GT4 RS, Brabham BT62, Genesis G70: This Week's Top Photos

The rumor mill has been going into overdrive with news that a Porsche 718 Cayman GT4 RS is coming. Giving some credence to the rumors is a prototype spied this week of a Cayman even more hardcore than the GT4. Another prototype we spied was what appeared to be a new performance flagship for the M5 range. Word on the street is that the car, which...



  • Photos Of The Week

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German Utility Secures Consumer Management of Smart Home Data

German-headquartered integrated energy company, Innogy, has selected distributed computing solutions provider, Intertrust, to help smart home consumers to securely manage data.




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IRENA: Egypt Could Meet Up to 53 Percent of Electricity Demand with Renewables

Egypt has the potential to meet up to 53 percent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook, released in Cairo last week in the presence of Egyptian government officials and regional decision makers, found that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to $900 million annually in 2030.




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DigiKoo: A German Solution to the Utility Data Sharing Conundrum

For most of their history, in North America, electrical utilities have been centralized distribution networks. Utility operated generation resources are the hub of the network and electricity flows one-way via distribution networks largely controlled by the same utilities. In this model, there has been little reason for utilities to share anything but a small slice of data about their operations with anyone else other than themselves.




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Renewables Beat Coal in Germany Power Mix for First Time

Renewable energy muscled out coal to become Germany’s biggest source of electricity for the first time last year, helped by a surge in solar panel installations and coal-plant closures.




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Germany to Auction Even More Offshore Wind

Chancellor Angela Merkel’s government is set to hold more auctions for offshore wind power, plugging a current gap in tenders for the next three years that the industry has said would harm turbine makers and hamper green targets.




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Sweden's EV boom under threat as electricity demand outstrips capacity

Sweden’s ambitious plan to drastically cut emissions from transport by bringing millions of electric cars onto the road could be derailed by a lack of power capacity for new charging stations in major cities.




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Power companies in New England tapping residential batteries to reduce peak demand

Here’s the latest wrinkle in the battery boom: National Grid Plc is paying consumers to tap electricity from their power-storage systems.




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Utility device and data management technologies revenue could exceed $22 billion by 2027edit

A new report from Navigant Research released this week says that revenue from device and data management technologies could grow from approximately $14.8 billion in 2018 to more than $22.1 billion in 2027 at a compound annual growth rate (CAGR) of 4.6%.




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Japanese manufacturer opens for business in Queensland

Oji Fibre Solutions (OjiFS), the New Zealand subsidiary of Japanese manufacturer Oji Holdings Corporation (Oji Holdings), has opened its A$72 million corrugated box manufacturing facility in the Gold Coast suburb of Yatala.




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Buffett Testing Smart Grid Technology for Home Energy Management

Warren Buffett wants to tell you the best time to wash your clothes. Or at least his energy company in the U.K does. Buffett’s Northern Powergrid Holdings Co. is working with Siemens AG to test a so-called smart grid that has the ability to control when consumer appliances will be used in the home.




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Studying the potential to improve performance of the Brazeau plant through turbine upgrades

One or two new runners for the units at the 355-MW Brazeau Power Station in Alberta, Canada, would allow owner TransAlta Corp. to better optimize revenue and provide valuable ancillary services. Modeling of the various upgrade options allowed the utility to arrive at the most valuable solution.




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Using a system to better manage hydro and non-hydro generating assets

Learn how Canadian utility SaskPower integrated its hydro and non-hydro generating assets under one management system using Hatch's Vista Decision Support System.




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California Governor Seeks to Increase Renewable Energy Mandate to 50 Percent

California Governor Jerry Brown proposed spending $59 billion to fix crumbling roads and raising the state’s renewable energy mandate to 50 percent.




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Want to Buy a Used German Power Plant? Shipping Is Included

Germany’s utilities, battered by the country’s shift to wind turbines and solar panels, would be glad to sell you a power plant on the cheap. They’ll even pack it up and ship it to another country.




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German Utility's Race for Renewables Seen as Too Little, Too Late

RWE AG, the German utility whose coal-fired plants make it Europe’s largest carbon emitter, officially started the company’s largest renewables project on Thursday: a wind farm in Liverpool Bay off Britain’s coast.




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The Way Humans Get Electricity Is About to Change Forever

Trillions of dollars will be invested in renewable energy over the next 25 years, driving some of the most profound changes yet in how humans get their electricity. That's according to a new forecast by Bloomberg New Energy Finance that plots out global power markets to 2040. 




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Germany Gives Dirtiest Coal Plants Six Years for Phase Out

German Economy Minister Sigmar Gabriel said 13 percent of power stations burning lignite, a cheap form of coal, would be phased out by 2021 under a program to cut power industry pollution. The government abandoned talks on proposals to impose a climate-change fee that the industry said would have forced mines and plants to close, threatening jobs.




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Incidents continue at Brazil’s Petrobras, with chairman’s resignation

Murilo Ferreira, chairman of Brazil-based energy conglomerate Petrobras (Petroleo Brasileiro SA), has stepped down effective Nov. 30.




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Manitoba Hydro announces workforce cuts, rate increases as debt rises

Manitoba Hydro has announced that it will eliminate more than 15% of its workforce while raising rates by at least 10% as the provincial utility's efforts to cut expenditures continue.




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Increased cost, delayed commissioning date announced for 695-Keeyask hydropower plant in Manitoba

The partnership between Manitoba Hydro and four First Nations via the Keeyask Hydropower Limited Partnership (KHLP) announced a significant increase in its control budget and a revised commissioning date for the 695-MW Keeyask Generating Station in a statement on March 7.
 




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Germany generated more than 50 percent of electricity from renewables in March

In a first for the country, Germany generated 54.5 percent of electricity from renewable energy in March 2019. This is according to data collected by the Fraunhofer Institute for Solar Energy Systems.




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Ultra-fast EV chargers coming ultra soon as e-mobility manufacturers ramp up

The viability of electric vehicles depends in part on a manufacturing plant in eastern Australia, where gleaming white cabinets the size of large refrigerators are loaded onto shipping crates. They’re among the most advanced car chargers available, promising to deliver a full tank of juice in minutes.




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Goldman Sachs sees solar panel prices stabilizing

Goldman Sachs Group Inc. sees an end to the gloom for solar manufacturers as demand in China stabilizes and free-falling panel prices bottom out.





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Sweden's EV boom under threat as electricity demand outstrips capacity

Sweden’s ambitious plan to drastically cut emissions from transport by bringing millions of electric cars onto the road could be derailed by a lack of power capacity for new charging stations in major cities.




man

New York to pass 'one of the most aggressive clean energy mandates in the country'

New York is poised to pass its own version of the Green New Deal with a climate bill that would more than triple the state’s solar capacity and aggressively promote development of wind farms off the state’s coast.