Archive | Solar Energy

Dominion buys Tennessee’s two major solar projects

Dominion buys Tennessee’s two major solar projects

US-based energy provider Dominion has acquired two stand-alone solar energy projects in south-west Tennessee with a combined output of 32MW.

The two projects, Mulberry farm and Selmer farm, are located in McNairy county near the town of Selmer and these are currently in late stage development by Strata Solar.

Construction of the projects is expected to begin shortly and the commercial operation is estimated to start by the end of 2014.

Grid connection will take place through facilities owned and operated by Pickwick Electric Cooperative.

Dominion said that all power and environmental attributes from two projects will be bought by the Tennessee Valley Authority (TVA).

Dominion Generation CEO David A Christian said that this is another important addition to Dominion’s growing portfolio of solar energy.

Christian said, “We believe it is necessary to develop and maintain a diverse generation mix, ranging from traditional sources to renewable energy.

“These two projects strategically align with our regulated and unregulated generation portfolio. We are pleased to team up with TVA on the largest solar developments in Tennessee.”

Strata Solar will manage the engineering, procurement and construction as per the terms of the agreement. It will also handle ongoing operations and maintenance once the projects are operational.

With the latest acquisition, Dominion’s total solar generating portfolio has increased to 212MW.

Additionally, the company has 41MW of solar power facilities operating at sites in Georgia, Connecticut and Indiana, along with 139MW in projects under construction in California.

As part of its solar partnership programme, Dominion also has various projects under development in Virginia.

Posted in Solar Energy0 Comments

Solar Making Big Strides to Power the Developing World

Solar Making Big Strides to Power the Developing World

New Hampshire, USA — As we go about our daily lives using smartphones, computers and other technologies, it’s hard to believe that more than 2 billion people globally still live without electricity. According to the International Finance Corporation $37 billion is spent on fossil fuels to power the developing world each year. However, much of this population lives in areas where it is quite sunny, making solar energy an ideal solution. Several solar companies have developed affordable technology and essential financing mechanisms to bring renewable energy to those who need it most, and are now celebrating significant milestones.

Solar lighting manufacturer and distributor d.light, which won the Zayed Future Energy Prize in 2013, has been working to bring solar solutions to the developing world since 2006. It announced today that is celebrating the sale of 125,000 solar home systems. These systems include two hanging lamps and a portable lantern that can last up to 15 hours on one charge. Though the company has distributed more than 6 million solar-related products, it believes that these self-installed, upgradable systems hold significant opportunity for homes and small businesses.

Each system costs about $120 upfront, but customers can take advantage of a wide range of finance mechanisms that are making the systems much more affordable by eliminating high upfront costs. According to Donn Tice, chairman and CEO of d.light, the home system can be financed through micro-financing institutions. Customers can bring their systems home, install them, and then make weekly or monthly payments until they own the system.

Customers can also can take advantage of a “pay-as-you-go” system, where the customer can install the system, and then make payments as often as they can. They system will work for a designated amount of time with each payment, until they eventually own the system. “If they buy more credits sooner, they own the system sooner,” explained Tice. Payments are made through scratch cards, like buying minutes on a mobile phone. A special number is inputted into the system, which allows it to function.  Depending on the location, system owners can even make payments through their mobile phones and activate the system via a microchip. According to Tice, financed systems ultimately cost around $150 to $160.

Also celebrating a major milestone, non-profit SolarAid sold its one-millionth solar light in April. The Africa-focused company, which Google awarded nearly $770,000 for its Global Impact Challenge last year, trains residents in rural communities to sell solar lighting, not only bringing power to the people, but also boosting jobs and local economies. According to the company, it has grown from selling 1,000 lights per month in 2010 to more than 50,000 per month as of March 2014.

“SunnyMoney’s soaring sales is by no means a job done. But it sets us on our path to proving an alternative to the fossil fuel dependency that damages our planet whilst locking millions into a cycle of poverty,” said SolarAid chairman Jeremy Leggett in a release. “We hope that our business model for tackling climate change and poverty can set a precedent worldwide for a new kind of renaissance company; whose business will never compromise its social goal.”

Both companies agree that a huge barrier for market penetration is education and distribution. Many customers struggle to make the switch from fossil fuels, a technology they’ve been accustomed to for their entire lives, and adopt solar.

“In the last year, we have worked closely with teachers who act as solar advocates to raise awareness, instill trust and create channels for solar lights to be purchased in rural villages,” said SolarAid CEO Steve Andrews. “Once people see a neighbor’s light shining bright, demand grows. We then engage local agents to stock and sell solar products.”

Tice said that d.light and other companies have made huge strides in the past few years. He compared solar growth to the cell phone industry in Africa.

“The penetration of solar products like ours is at about 5 percent today, the same as the cell phone industry in 1998. Ten years later, cell phones have 70 percent market penetration,” he said. “What drove it is the same market drivers that we have developed for solar – cheap technology and financing. There is no reason why the industry shouldn’t rocket forward.”

Posted in Solar Energy0 Comments

SkyPower FAS Energy to set up 3,000MW solar power projects in Nigeria

SkyPower FAS Energy to set up 3,000MW solar power projects in Nigeria

SkyPower FAS Energy has entered into agreements with both the Federal Republic of Nigeria Government and the Delta State of Nigeria Government for the setting up of utility-scale solar photovoltaic (PV) projects totalling 3,000MW within Nigeria and the Delta State of Nigeria.

Set to be developed within the next five years, the multi-phase projects will result in the production of clean, sustainable and cost-effective electricity to meet the growing energy needs of Nigeria.

The company will work with both of the governments on the planning, financing and construction of the projects for the Nigerian power grid.

According to SkyPower FAS Energy, commercial operation of the projects will begin in phases starting in 2015.

“We applaud the leadership of the Delta State and Federal Nigerian Governments for embracing this initiative and demonstrating their continued commitment to reduce carbon emissions and harness the proven power of solar PV,” Adler said.

SkyPower FAS Energy general manager Sabri Asfour said the latest agreements indicates Nigeria’s commitment to clean, renewable energy.

“SkyPower FAS Energy’s combined expertise in infrastructure development and construction will generate a large number of new jobs, support skills development, and increase prosperity in the regions of the country where these solar projects will be built,” Asfour said.

SkyPower FAS Energy, which is a joint venture between SkyPower Global and FAS Energy, focuses on the development and construction of utility-scale solar PV projects across the Middle East and North Africa region.

SkyPower Global president and CEO Kerry Adler said the signing of key agreements for solar PV projects would have a good impact on the state and country’s GDPs, resulting in increased employment and skills training.

Posted in Solar Energy0 Comments

SunEdison interconnects 117 MW of U.K. solar power project

SunEdison interconnects 117 MW of U.K. solar power project

SunEdison, a solar power technology manufacturer and provider of solar energy services completed construction of a 117 MW DC portfolio of utility-scale photovoltaic (PV) solar power plants across the U.K. The portfolio is comprised of eight separate solar power plants.

“We just entered the U.K. solar market this year and have already interconnected eight plants,” said Jose Perez, president of SunEdison Europe, Africa and Latin America. “This is a testament to our ability to enter a new market and efficiently execute projects that add to the company’s bottom line. We attribute much of our success to our ability to find highly-qualified local vendors to partner with. They provide localized expertise while helping us support the local job market.”

SunEdison recently signed a 15-year power purchase agreement (PPA) with Statkraft, a purchaser of independently generated electricity in the U.K. Under the terms of the PPA, Statkraft will purchase the renewable energy generated from SunEdison’s 88 MW DC portfolio of six utility-scale photovoltaic solar power plants currently under construction throughout the U.K.

Posted in Solar Energy0 Comments

Strata completes nine utility-scale solar projects across North Carolina

Strata completes nine utility-scale solar projects across North Carolina

Strata Solar, a leading utility-scale solar provider, announced it has installed nine utility-scale solar power projects across North Carolina using more than $100 million of tax-equity financing provided by a subsidiary of Wells Fargo & Company (NYSE: WFC). North Carolina utility Progress Energy Carolinas will purchase the power. The projects produce enough electricity to power 5,000 households and displace 28,000 metric tons of CO2 per year. Supported by a 35 percent North Carolina Renewable Energy Tax Credit, the projects create local jobs and provide additional income for those who lease their land for the solar projects.

“We are very proud of our ability to invest and build in North Carolina’s rural communities.  These projects bring jobs, significant local spend, and an increase in the tax base without the requirement of county dollars which is typical of development projects,” said Markus Wilhelm, Strata Solar’s CEO.  “On a number of occasions we’ve witnessed these projects having an impact on attracting additional investors who are looking for business-friendly environments.”

The three largest projects – Bladenboro, Wagstaff and Nash 58 – all exceed six MWs in capacity and provide a significant boost to the local tax base without requiring additional county expenditures on sewer, roads or any other infrastructure.

“As a leading provider of capital in renewable energy and cleantech across the U.S., Wells Fargo is excited to participate in the rapid expansion of solar in the Southeast,” said Barry Neal, Head of Wells Fargo’s Environmental Finance Group. “We are proud to partner with top-tier developers like Strata who share in our commitment to support communities and deploy clean energy.”

Since 2006, Wells Fargo has provided over $4 billion in tax equity and construction financing for renewable energy projects in 28 states, including over $1.3 billion for more than 300 solar projects. Renewable project finance is part of the comprehensive goal Wells Fargo announced in 2012 to deploy by 2020 an additional $30 billion in financing to build a greener economy, including loans and investments for clean technology and environmental innovation and projects such as green buildings, renewable energy projects and green businesses.

Posted in Renewable Energy, Solar Energy0 Comments

Areva begins operations at molten salt energy storage demonstration plant in US

Areva begins operations at molten salt energy storage demonstration plant in US

Areva has begun operations at its molten salt energy storage demonstration plant in Albuquerque, New Mexico.

The plant has been installed at Sandia National Laboratories’ National Solar Thermal Test Facility, while it is designed for use with the company’s Compact Linear Fresnel Reflector (CLFR) technology.

An innovative approach to energy storage that combines the molten salt test loop (MSTL) with Areva’s CLFR applications was developed jointly by Areva’s solar team and Sandia’s molten salt technology experts.

Areva said that the use of molten salt as a working fluid enables high temperature operations, reduces the volume of salt needed for storage, and removes the need for two sets of heat-exchangers in the system.

These efficiencies will reduce the overall cost and complexity of the system.

As a part of the project, Areva will also review the optimisation of operation and maintenance costs related to molten salt management in a real world environment.

Areva said that CLFR design uses an array of mirrors to concentrate the sun’s energy on an elevated evacuated tube receiver to heat a working fluid, in this case molten salt.

Areva Solar CEO Sam Shakir said this innovative storage solution combines the company’s proven and economical CLFR technology with the demonstrated use of molten salt as a heat transfer and storage fluid.

“Together,these technologies provide a solution to capture the sun’s energy sun during the day and economically deliver renewable power to the grid at any time,” Shakir said.

Sandia National Laboratories manager for concentrating solar Dr. Subhash L. Shinde said: “This is an enabling technology that provides a possible path to realising the Department of Energy-driven Sunshot programme’s goal to reduce the total installed cost of solar energy systems to $.06 per kilowatt-hour (kWh) by 2020.”

Posted in Solar Energy0 Comments

The Time for Wind and Solar Energy Is Now

The Time for Wind and Solar Energy Is Now

The U.N. Intergovernmental Panel on Climate Change’s (IPCC’s) latest report, which explores ways to cut carbon emissions, put the world on notice. Despite efforts in the United States, Europe and developing countries such as China to ramp up energy efficiency and renewable energy, global carbon emissions have been increasing at a much faster clip than they were just a few decades ago. To avoid the worst of the worst, IPCC scientists say emissions will have to be reduced 40 percent to 70 percent by 2050 and warn that we only have a 15-year window to reverse course.

“We cannot afford to lose another decade,” said Ottmar Edenhofer, a German economist who co-chaired the committee that wrote the report. “If we lose another decade, it becomes extremely costly to achieve climate stabilization.”

As Edenhofer points out, the cost of doing nothing likely would dwarf whatever we might spend today to address climate change. That said, it makes the most sense to replace fossil fuels with the most cost-effective, safest, carbon-free and low-carbon options that can be deployed as quickly as possible.

For the biggest source of U.S. carbon pollution — electric utilities — the best solution is wind, solar and other renewable energy technologies, which, according to the new IPCC report, “have achieved a level of technical and economic maturity to enable deployment at a significant scale.” In other words, renewables are now a lot cheaper and better than they were when the last IPCC report came out seven years ago.

What about nuclear power? Although it now provides the most carbon-free electricity in the country, without a national carbon tax or cap-and-trade program, it’s not economic, even with more than 50 years of generous federal subsidies.

Instead the cost of solar and wind has dropped dramatically. Solar panel prices have plummeted more than 75 percent since 2008, and the cost of generating electricity from wind turbines declined more than 40 percent over the past three years, sparking a construction boom. Last year, solar installations in the United States amounted to a record 5.1 gigawatts, boosting the national total to nearly 13 gigawatts — enough to power nearly 2.2 million typical American homes. And by the end of December, there were enough wind turbines across the country to power 15.5 million homes and cut annual electric power sector carbon emissions by 4.4 percent.

Given solar and wind’s exponential growth, experts see tremendous potential. The Department of Energy’s National Renewable Energy Laboratory (NREL), for example,projects that wind and solar could produce 15 percent of U.S. electricity by 2020, 27 percent by 2030, and 50 percent by 2050.

Posted in Renewable Energy, Solar Energy, Wind Energy0 Comments

NRG Solar completes 290MW Agua Caliente solar PV facility in Arizona

NRG Solar completes 290MW Agua Caliente solar PV facility in Arizona

NRG Solar along with its partner MidAmerican Solar has completed the 290MW Agua Caliente solar photovoltaic (PV) facility in Arizona.

Located on 2,400 acres of land between Yuma and Phoenix, the project was designed and built by First Solar using its thin-film PV modules. Electricity generated from the facility will be sold to Pacific Gas & Electric Company (PG&E) under a 25-year power purchase agreement.

The project has secured a $967m loan guarantee from the US Department of Energy’s Loan Programs Office and has created around 400 jobs during the construction.

NRG Solar said that the facility is estimated to avoid annual emission of approximately 324,000t of CO2 into the atmosphere.

First Solar will operate and maintain the facility for NRG and MidAmerican Solar.

NRG Solar president Tom Doyle said, “Large-scale utility accomplishments, like our Agua Caliente project, raise the bar in terms of our clean-energy technology and production.

“Proving that we can build both the world’s largest solar thermal and now one of the world’s largest solar photovoltaic facilities advance NRG’s mission to reshape the energy landscape that is incredibly beneficial to both the economy and in how we produce and consume energy.”

“Whether it’s partnering, developing or investing, NRG will lead the way in providing a diverse set of solutions and technologies to get the US to the ultimate goal of providing affordable, reliable clean energy for everyone,” Doyle added.

Posted in Solar Energy0 Comments

GE Invests $24 Million in India’s Biggest Solar Power Plant

GE Invests $24 Million in India’s Biggest Solar Power Plant

TOKYO — General Electric Co. is investing $24 million in India’s largest solar-power plant, drawn by what it called the technology’s “incredible potential” in the nation.

The investment by GE’s financial services unit in Welspun Energy Ltd.’s 151-megawatt photovoltaic plant is the U.S. company’s first in the local solar industry. GE said this week that it plans to invest more than $1 billion a year globally in renewable projects that promise “very significant returns.”

“India has gained incredible potential for the development of solar power,” Raghuveer Kurada, business leader for India and South East Asia at GE Energy Financial Services, said in a statement. “Our investment in Welspun Renewables’ solar project helps to realize that potential.”

India, which had virtually no solar power three years ago, plans to draw $11.7 billion of investment by 2017 to expand capacity sixfold as plunging panel prices make generation less costly. In contrast, fuel-supply bottlenecks are driving up the cost of power produced from coal and natural gas.

GE has already invested $10 billion in mostly wind and solar plants. Its entry into India’s solar industry “boosts the credibility of the whole sector” and demonstrates that local projects are now big enough and developers established enough to attract international interest, Welspun Energy Managing Director Vineet Mittal said in a phone interview from Mumbai.

Total Cost

Welspun built the plant at a total cost of 11.8 billion rupees ($194 million), Mittal said. GE’s investment will free up cash for Welspun to build new projects as it seeks to double capacity to 600 megawatts by the end of this year.

The plant in Neemuch in central Madhya Pradesh state operates at a capacity utilization factor of 26 percent, the companies said today in the joint statement. The figure is a measure of how efficiently a plant produces energy, compared with its maximum capacity.

In comparison, the average capacity utilization factor of plants in Gujarat state, home to the mostsolar-power capacity in India, was 18.7 percent in their first year of operation, Bloomberg New Energy Finance said in an October report.

Posted in Solar Energy0 Comments

NREL Unlocking Secrets of New Solar Material

NREL Unlocking Secrets of New Solar Material

A new solar material that has the same crystal structure as a mineral first found in the Ural Mountains in 1839 is shooting up the efficiency charts faster than almost anything researchers have seen before—and it is generating optimism that a less expensive way of using sunlight to generate electricity may be in our planet’s future.

Researchers at the Energy Department’s National Renewable Energy Laboratory (NREL) are analyzing the new material, perovskite, using the lab’s unique testing capabilities and broad spectrum of expertise to uncover the secrets and potential of the semiconducting cube-like mineral.

NREL has already produced three scientific papers on perovskite, reporting on the science behind the very large length of the electron pairs (or charge diffusion length) in mesostructured perovskite solar cells. The two most-studied perovskite device structures are mesostructured (of medium complexity) and planar (two-dimensional). NREL Research Fellow David Ginley, who is a world-renowned materials scientist and winner of several R&D 100 Awards, said what makes perovskite device structures so remarkable is that when processed in a liquid solution, they have unusual abilities to diffuse photons a long distance through the cell. That makes it far less likely that the electrons will recombine with their hole pairs and be lost to useful electricity. And that indicates a potential for low-cost, high-efficiency devices.

NREL Senior Scientist Daniel Friedman notes that the light-absorbing perovskite cells have “a diffusion length 10 times longer than their absorption length,” not only an unusual phenomenon, but a very useful one, too.

Posted in Alternative Energy, Solar Energy0 Comments

1

Industry Video

Upcoming Events

  • No upcoming events
AEC v1.0.4

Newsletter Signup


Advertisements

The Magazine

Advertisements