Published at RenewableEnergyWorld (Jan/Feb Issue) --- Top industry experts say that in 2018, high efficiency Mono c-Si modules and high-voltage inverters will take more market share, and distributed generation will start to pick up.
Solar PV is becoming cheaper than ever. Almost every month, a new industry "low" is set and broken. In September 2017, the U.S. Department of Energy announced that the U.S. solar industry had achieved the 2020 utility-scale solar cost target of US $0.06/kWh, three years ahead of schedule and is moving toward the 2030 goal of $0.03/kWh. The following month, a solar tender for a 300 MW PV plant in Saudi Arabia was bid at the low price of US $0.179/kWh. This record was soon broken in Mexico with solar at $0.177/kWh November.
Solar has become one of the least expensive options for new power generation and is lower than the cost of most fossil fuel-powered generators, enabling solar installed capacity to expand faster than any other fuel. Most analysts predict that the 2017 global solar installed capacity will be around the 100 GW mark and 2018 is expected to see continued growth.
Renewable Energy World asked some of the world’s top industry experts to share their perspectives on technologies and markets for the year 2018.... Read More Here
Latest solar PV and other renewable energy market developments - policies, new products/services, business models, and market players - in the US and Japan
Showing posts with label India. Show all posts
Showing posts with label India. Show all posts
January 30, 2018
January 17, 2018
太陽光関連企業の資金調達、インド勢が大型案件で上位独占 2017年世界全体で前年比41%増の128億ドル
Published at Nikkei Technology Online ---
インド企業への大型出資が牽引役に
2017年に太陽光関連企業が調達した資金は、世界市場で2016年比41%増の128億米ドルとなった。
クリーンエネルギーのコンサルティング・コミュニケーション会社の米メルコム・キャピタル・グループ社が発表したレポートによるもの。資金調達には、プライベート・エクイティとベンチャー・キャピタル(PE・VC)、民間金融からの融資(Debt Finance)、および公的市場からの金融(Public market finance)が含まれる(図1)。
同レポートによると、2017年のVC投資は、2016年には78件の取引で総額13億ドルだったものが、30%増の99件の取引、総額16億ドルに達した。特に、 インドでの大型プライベート・エクイティ取引がいくつかあったことが牽引した。
VC投資の内訳は、85%は太陽光発電の川下関連会社で、総額16億ドルのうち14億ドルを占めた。薄膜系太陽電池関連会社は1億600万ドル、サービスプロバイダーは4700万ドルを調達した。なかでも、米国スタートアップ企業でCIGS薄膜系太陽電池を開発するシバパワー社(Siva Power)は、2500万ドルの調達に成功している。
メルコム・キャピタル・グループ社CEO(最高経営責任者)兼共同設立者のRaj Prabhu氏は「2017年第4四半期に資金調達が急増して、年間の投資額の増加に寄与した。世界各地で太陽光発電の導入量が拡大し、米国における太陽光投資税額控除が継続したことも後押しした。米国貿易委員会(US ITC)による(輸入シリコン結晶系太陽光発電製品への)関税額も当初予想よりも高くなかった。また、民間金融機関からの融資の活発化、 10億ドル以上の太陽光発電事業の証券化などが貢献した」と分析する。
VC・PE調達上位はインド企業が占める
同社が発表した、太陽光プロジェクト向けプライベート・エクイティとベンチャー・キャピタルの上位案件「2017年ソーラートップVC・PE調達」には、2億ドル級の調達が3件含まれている。... Read More Here
October 18, 2016
The Asia Super Grid – Four Countries Join Together to Maximize Renewable Energy
Published at RenewableEnergyWorld.com --- The triple-disaster of earthquake, tsunami and nuclear meltdown that hit the northeast of Japan in March 2011 was a wake-up call for many people. This was true for Masayoshi Son, a founder, chairman, and chief executive officer (CEO) of Softbank Group, a Japanese multinational telecommunications and internet corporation. Having experienced the danger of nuclear power plants in Fukushima, he felt the need to replace nuclear power with safer and cleaner renewable energy for a better future.
To accelerate the deployment of clean, safe, and affordable renewable energy, he founded the Renewable Energy Institute (REI), and in September 2011, the “Asia Super Grid (ASG)” was conceptualized. ASG goes beyond Japan and includes other Asia countries to further maximize the usage of renewable energy by taking advantage of diversity in loads and resources.
At an International Symposium this September to celebrate REI’s five-year Anniversary, Son happily announced that his “Vision of the ASG” was one step closer to materialization.
“When I announced my idea five years ago, many people said it is a crazy idea, and they also said that it is neither economically or politically feasible,” recalled Son. Despite these nay-sayers, he has been making steady progress.
The first step was to develop electricity generation plants domestically by creating SB Energy Corp. as part of the SoftBank Group in 2011. The company is now established and operating 33 utility-scaled renewable power plants nationwide, including a 48-MW wind farm in Shimane prefecture and a 111-MW solar PV farm in Hokkaido prefecture.
The company also looked outside Japan for more abundant renewable energy sources. Mongolia has vast wind resources, and to harness the potential, the company formed Clean Energy Asia LLC with Newcom LLC, a Mongolian conglomerate. The joint company has secured a land-leasing right in the Gobi Desert for the next 100 years to develop and operate 7 GW worth of wind farms. The company also formed a joint venture company called SBG Cleantech Ltd in India, with India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group, to develop a 350 MW solar PV farm in the southern state of Andhra Pradesh.
MOU Signed by Japan, China, South Korea, and Russia
Plenty of renewable energy generation has been secured and is under development. Now the question is how to move the renewable energy to Japan and throughout Asia....Read More Here
To accelerate the deployment of clean, safe, and affordable renewable energy, he founded the Renewable Energy Institute (REI), and in September 2011, the “Asia Super Grid (ASG)” was conceptualized. ASG goes beyond Japan and includes other Asia countries to further maximize the usage of renewable energy by taking advantage of diversity in loads and resources.
At an International Symposium this September to celebrate REI’s five-year Anniversary, Son happily announced that his “Vision of the ASG” was one step closer to materialization.
“When I announced my idea five years ago, many people said it is a crazy idea, and they also said that it is neither economically or politically feasible,” recalled Son. Despite these nay-sayers, he has been making steady progress.
The first step was to develop electricity generation plants domestically by creating SB Energy Corp. as part of the SoftBank Group in 2011. The company is now established and operating 33 utility-scaled renewable power plants nationwide, including a 48-MW wind farm in Shimane prefecture and a 111-MW solar PV farm in Hokkaido prefecture.
The company also looked outside Japan for more abundant renewable energy sources. Mongolia has vast wind resources, and to harness the potential, the company formed Clean Energy Asia LLC with Newcom LLC, a Mongolian conglomerate. The joint company has secured a land-leasing right in the Gobi Desert for the next 100 years to develop and operate 7 GW worth of wind farms. The company also formed a joint venture company called SBG Cleantech Ltd in India, with India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group, to develop a 350 MW solar PV farm in the southern state of Andhra Pradesh.
MOU Signed by Japan, China, South Korea, and Russia
Plenty of renewable energy generation has been secured and is under development. Now the question is how to move the renewable energy to Japan and throughout Asia....Read More Here
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Representatives from Japan, South Korea, China, and Russia sign MOU in Beijing. Image credit: SoftBank Group |
January 26, 2016
The 2016 Global PV Outlook: US, Asian Markets Strengthened by Policies to Reduce CO2
Published at RenewableEnergyWorld.com --- Global solar installations will reach 64.7 GW in 2016 according to Mercom Capital Group, a clean energy communications and research firm based in Texas. “The top 3 countries will be China, U.S., and Japan and they will account for about two thirds of the global market,” said Raj Prabhu, CEO and co-founder of Mercom.
Although China is expected to continue leading the global PV market, the U.S. will show the most robust growth in 2016, due to the anticipation of the federal Investment Tax Credit (ITC) expiration, which developers and EPC had already factored into their business plans for 2016, prior to the five-year extension received at the end of 2015.
In 2016, the U.S. is set to overtake Japan as the second largest solar market, exceeding the much-anticipated 10-GW mark. Another notable shift will see India move up to the No. 4 position, pushing down the former European leaders, U.K. and Germany.
China: Remains No. 1 Market with Some Trouble Ahead
China is expected to install approximately 19.5 GW in 2016, a rise of 14.7 percent over 2015, Mercom predicts. “The country is strongly committed [to solar] because of the pollution problems. Air pollution continues to drive China’s environmental policies, of which clean power generation is a big part,” said Prabhu.
Officials from China’s National Energy Administration (NEA) are considering raising the 2020 target from 100 GW to 150 GW, which will bring about 21 GW of annual installation between 2016 through 2020. China also has pledged to reach an ‘emissions peak’ around 2030 with non-fossil fuels making up 20 percent of the nation’s energy generation mix. “All of these factors have made renewable forms of energy a vital component of the Chinese economy for years to come,” stated Prabhu.
The rapid PV deployment, however, has caused growing grid congestion problems. In addition, the nation’s economic conditions also deteriorated in 2015. “Production curtailment and subsidies continue to be the biggest challenges facing the Chinese solar industry. Subsidy payment delays up to 18 months have been reported by solar project developers causing cash flow problems. Some companies have reported selling out projects and stopping further project development activities as they are unable to sustain without timely subsidy payments,” said Prabhu....Read More Here
Although China is expected to continue leading the global PV market, the U.S. will show the most robust growth in 2016, due to the anticipation of the federal Investment Tax Credit (ITC) expiration, which developers and EPC had already factored into their business plans for 2016, prior to the five-year extension received at the end of 2015.
In 2016, the U.S. is set to overtake Japan as the second largest solar market, exceeding the much-anticipated 10-GW mark. Another notable shift will see India move up to the No. 4 position, pushing down the former European leaders, U.K. and Germany.
China: Remains No. 1 Market with Some Trouble Ahead
China is expected to install approximately 19.5 GW in 2016, a rise of 14.7 percent over 2015, Mercom predicts. “The country is strongly committed [to solar] because of the pollution problems. Air pollution continues to drive China’s environmental policies, of which clean power generation is a big part,” said Prabhu.
Officials from China’s National Energy Administration (NEA) are considering raising the 2020 target from 100 GW to 150 GW, which will bring about 21 GW of annual installation between 2016 through 2020. China also has pledged to reach an ‘emissions peak’ around 2030 with non-fossil fuels making up 20 percent of the nation’s energy generation mix. “All of these factors have made renewable forms of energy a vital component of the Chinese economy for years to come,” stated Prabhu.
The rapid PV deployment, however, has caused growing grid congestion problems. In addition, the nation’s economic conditions also deteriorated in 2015. “Production curtailment and subsidies continue to be the biggest challenges facing the Chinese solar industry. Subsidy payment delays up to 18 months have been reported by solar project developers causing cash flow problems. Some companies have reported selling out projects and stopping further project development activities as they are unable to sustain without timely subsidy payments,” said Prabhu....Read More Here
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