Wednesday, August 31, 2016

Fwd: Ontario Working with Québec and Mexico to Advance Carbon Markets

---------- Forwarded message ----------
From: "Ontario News" <newsroom@ontario.ca>
Date: Aug 31, 2016 12:47 PM
Subject: Ontario Working with Québec and Mexico to Advance Carbon Markets
To: <mbannerman@arcstarenergy.com>
Cc:

Ontario Newsroom Ontario Newsroom
 

News Release

Ontario Working with Québec and Mexico to Advance Carbon Markets

August 31, 2016

Province Signs Joint Declaration on Climate Change in Guadalajara

Ontario has signed a joint declaration with Québec and Mexico, committing to working together to fight climate change.

Ontario signed the agreement during Premier Kathleen Wynne's mission to Mexico. The agreement will drive progress on the common commitment to pricing carbon.

All parties are in Guadalajara, Mexico for the 2016 Climate Summit of the Americas.

The trilateral declaration establishes the foundation for sharing information and expertise on carbon markets and opportunities to reduce greenhouse gas pollution while driving innovation and supporting strong economic growth. International climate change agreements support the 2015 Paris Agreement signed at COP21 and help achieve regional, national and international greenhouse gas reduction targets.

Mexico recently announced that it will pilot a new carbon market starting in fall 2016. Ontario intends to link its cap and trade program to Québec and California's under the Western Climate Initiative, North America's largest carbon market. Ontario's cap and trade program will reduce greenhouse gas emissions, reward innovative companies and create more opportunities for investment and job creation, in particular in Ontario's leading cleantech sector.

Fighting climate change is part of the government's economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest infrastructure investment in hospitals, schools, roads, bridges and transit in Ontario's history and is investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.

 

QUICK FACTS

  • Ontario, Québec and the Mexican states Baja California and Jalisco were among the 23 signatories to the Climate Action Statement, signed at the first Climate Summit of the Americas in Toronto on July 9, 2015.
  • Ontario's action to eliminate coal-fired electricity is the single-largest climate change initiative in North America to date. Ontario is committed to reducing greenhouse gas emissions to 15 per cent below 1990 levels in 2020, 37 per cent below in 2030 and 80 per cent below in 2050.
  • Ontario's cap and trade program, which is intended to link to Québec and California's in 2018, came into effect on July 1, 2016, with the first compliance period beginning on January 1, 2017.
  • Ontario's Climate Change Mitigation and Low-carbon Economy Act, passed in May 2016, establishes the foundation for the province's cap and trade program, which will begin in January 2017. The Act ensures the government invests the proceeds from cap and trade back into actions to reduce greenhouse gas emissions, creating jobs and helping people and businesses shift to a low-carbon economy.
 

BACKGROUND INFORMATION

 

ADDITIONAL RESOURCES

 

QUOTES

"To effectively fight climate change, we must work together on a global scale. Mexico, Ontario and Québec are driving real progress on reducing harmful greenhouse gas emissions. This milestone declaration will boost cooperation between our three regions and drive the reduction of carbon emissions across North America. I look forward to working together on common goals including advancing carbon markets and cap and trade programs across North America."
 — Kathleen Wynne, Premier of Ontario


"Today, Ontario, Québec and Mexico took a major step forward together to change our world for the better. This new agreement reinforces cap and trade's vital role in fighting climate change. Like Mexico, regions around the world are recognizing that adopting a market-based approach to pricing carbon is a proven way to reduce greenhouse gas pollution while encouraging a stronger, more sustainable economy. Our province is proud to stand shoulder to shoulder with other leaders committed to ensuring our future generations inherit a healthier planet."
 — Glen Murray, Ontario Minister of the Environment and Climate Change


 
 

MULTIMEDIA AND ELECTRONIC PRESS KIT

 

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PG&E Calls for Proposals from Local California Renewable Energy Developers for New Program | Business Wire

http://www.businesswire.com/news/home/20160829005062/en?utm_source=newsletter&utm_medium=email&utm_campaign=PHOTON+Newsletter+-+International+edition+from+August+31%2C+2016&newsletter=PHOTON+Newsletter+-+International+edition+from+August+31%2C+2016


Sent from my iPad

Tuesday, August 30, 2016

Fwd: Re: China TOP Battery Manufacturer Give you our Best Offer

Memorable Chinese pitch!

---------- Forwarded message ----------
From: linda <linda@esg100.com>
Date: Tuesday, August 30, 2016
Subject: Re:Re: China TOP Battery Manufacturer Give you our Best Offer
To: mbannerman@arcstarenergy.com


Dear ArcStar Energy Limited

.

How are you? This is Miss Amber

Here I have to teach you how to find an good battery supplier

 

1.       Since china have many confuse price. Here just explanation to you which is good battery, good quality and full capacity .

1.        

Of course . First weight the battery . For example 12v100ah the weight is 29kg . Somebody offer you 27 or 25kg. The quality already reduce 20-30%. 

 

Here teach you how to calculate the battery cost . Normally the battery 70% cost is lead . Then the lead price depend the marketing . For example . The lead price is 13000rmb/ton. Mean2015usd/ton

 

So 29*.7*2.15=43.65usd is lead . The battery from lead –lead plate – install the battery –Battery . You should add 30% other cost  AGM separator and case and acid etc and worker and production cost etc .

 

How some body offer 50usd 60usd . I think 43.65/.7=62.35usd is the cost . Then what about the factory cost etc ?

 

Every factory the profite very clear. So you know how to compare the factory

2.

Some trading company cheaper than some factory . Then what mean? Some customer like cheaper and cheaper . No problem . Just different price match the quality . Why have trade company and trade company can get business.

I think you can know what I Mean is.

 

If you have any question pls inform us asap .welcome you inquiry us .

 

 Best Regards,

Miss Amber

 

 

 

 

 

 

 




--
Monty Bannerman
ArcStar Energy
+1 646.402.5076
www.arcstarenergy.com

Thursday, August 25, 2016

PV Magazine Mobil: India: secondary solar market emerging, says report

http://m.pv-magazine.com/news/details/beitrag/india--secondary-solar-market-emerging--says-report_100025790/

PV Magazine Mobil: Renewables sweep Chile’s electricity market and set historic low prices

http://m.pv-magazine.com/news/details/beitrag/renewables-sweep-chiles-electricity-market-and-set-historic-low-prices_100025801/

PV Magazine Mobil: GCL-Poly posts 28% revenue increase for H1

http://m.pv-magazine.com/news/details/beitrag/gcl-poly-posts-28-revenue-increase-for-h1_100025894/

PV Magazine Mobil: Brazil mulls request for amicable cancelation of 670 MW of solar awarded in first tender

http://m.pv-magazine.com/news/details/beitrag/brazil-mulls-request-for-amicable-cancelation-of-670-mw-of-solar-awarded-in-first-tender_100025896/

PV Magazine Mobil: Berkeley Lab: U.S. PV contract prices fell below $50/MWh in 2015

http://m.pv-magazine.com/news/details/beitrag/berkeley-lab--us-pv-contract-prices-fell-below-50-mwh-in-2015_100025900/

PV Magazine Mobil: JinkoSolar steady on Q2 shipments and revenue, downstream activity surges

http://m.pv-magazine.com/news/details/beitrag/jinkosolar-steady-on-q2-shipments-and-revenue--downstream-activity-surges_100025909/

Wednesday, August 24, 2016

A terrestrial planet candidate in a temperate orbit around Proxima Centauri : Nature : Nature Research

Possible discovery of the first habitable planet, which happens to be in the galaxy closest to ours.

http://www.nature.com/nature/journal/v536/n7617/full/nature19106.html

Bloomberg: Leapfrogging to Solar: Emerging Markets Outspend Rich Countries for the First Time

From Bloomberg, Nov 23, 2015, 8:27:32 AM

To read the entire article, go to http://bloom.bg/1jfQdTK

Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8



Sent from my iPad

Bloomberg: The Solar Industry Is Bracing for a Supply Glut

From Bloomberg, Aug 23, 2016, 7:00:00 PM

Solar manufacturers that are ramping up production now face a looming glut of panels, forcing companies to adjust or face dire consequences.

To read the entire article, go to http://bloom.bg/2bAd26l

Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8



Sent from my iPad

Monday, August 22, 2016

(Another) Record Low (winning) Bid on 120MW Chile project

22.08.2016: Spanish solar project developer Solarpack Corporacion Tecnologica SL will build a 120 MW PV solar park in Chile. It is located in the region of Tarapaca, completion is expected in 2021. The company has been awarded in the Chilean auction 2015/01 to supply 280 GWh yearly. According to the company, Solarpack´s bid, at 29.1 $/MW sets a new world record in price within renewable energies. This Supply Tender has been promoted by the CNE (Comision Nacional de Energia) and by the group of electrical distributors of Chile. More details about the facility were not disclosed.
Solarpack already operates four PV solar parks in Chile: Calama Solar (1,1 MW), Pozo Almonte Solar 1 (10,5 MW), and Pozo Almonte Solar 2 and 3 (cumulated 25 MW). Furthermore, Solarpack is currently building two solar parks in Chile, Calama Solar 1 and Puerto Seco Solar, both located in Calama. In addition, Solarpack manages a portfolio of projects in Spain, Peru, India, Malaysia, and South Africa.
© PHOTON

www.solarpack.es

www.solarpack.es/ing/desarrollo_noticia.aspx?guid=381&origen=home

 

 

Monty Bannerman

ArcStar Energy

+1-646-402-5076

www.arcstarenergy.com

 

Friday, August 19, 2016

Bloomberg: Mexico Finance Chief, Tested ‘Every Day,’ Pledges Budget Surplus

From Bloomberg, Aug 19, 2016, 10:50:27 AM

Mexico Finance Minister Luis Videgaray is doubling down on his pledge to send Congress a 2017 budget with a primary surplus next month, saying the government needs to make good on its promise because its credibility is constantly being tested.

To read the entire article, go to http://bloom.bg/2b6s1jf

Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8



Sent from my iPad

Fwd: Florida Home Stretch! Go Vote, Get your Yard signs, tell a friend!

---------- Forwarded message ----------
From: "Re-Energize Florida" <team@reenergizeflorida.com>
Date: Aug 19, 2016 8:47 AM
Subject: Home Stretch! Go Vote, Get your Yard signs, tell a friend!
To: <mbannerman@arcstarenergy.com>
Cc:

Let's go!
Having trouble viewing this email? Click here
Easy and important way to support Amendment 4.



Early Voting is Underway, Let's get busy!


 

Hello Folks - Thanks to everyone for great work so far supporting amendment 4!

Now is the time to kick it up! Get active this weekend!

 
There are still yard signs available - click here to find some near you.



Also, there have been no shortage of daily editorials, news stories, and coverage of the story of Voting Yes in August, and No in November. 

Check out a few:


Explain it Like I am 5 - The Solar Amendments 

Toolkit-0E6176C6D4374E92F03B4BEA132854A3
Re-Energize Florida., 2555 Porter Lake Dr, Sarasota, FL 34240
Sent by team@reenergizeflorida.com in collaboration with
Constant Contact

CIREC WEEK | Most recent Chile auction winners and prices

http://www.cirecweek.com/ACERA


Sent from my iPad

Canadian Solar | News Release Q2 Results

http://investors.canadiansolar.com/phoenix.zhtml?c=196781&p=irol-newsArticle&ID=2196174&utm_source=newsletter&utm_medium=email&utm_campaign=PHOTON+Newsletter+-+International+edition+from+August+19%2C+2016&newsletter=PHOTON+Newsletter+-+International+edition+from+August+19%2C+2016


Sent from my iPad

Thursday, August 18, 2016

Bloomberg: Earth Destroys Yet Another Heat Record

From Bloomberg, Aug 17, 2016, 12:14:51 PM
Firefighters battle the Blue Cut wildfire near Cajon Pass, north of San Bernardino, California, on Aug. 16, 2016.

As more than 100,000 Americans flee destructive wildfires in California and floods in Louisiana, earth sends yet another reminder that the worst is yet to come: a new record for planet-wide heat.

To read the entire article, go to http://bloom.bg/2bxUj7Q

Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8



Sent from my iPad

Monday, August 15, 2016

GCL Profit and Installations first half of 2016

15.08.2016: Chinese PV energy developer and provider GCL New Energy Holdings Limited issued a positive profit alert. According to a filing with the Hong Kong stock exchange, the company expects to record a profit of not less than RMB 130 million ($19 million) for the six months period ended 30 June 2016 (H1 2015: RMB 71.2 million).
The significant increase »was mainly attributable to the fact that the number of solar farms has been significantly increased« from 17 as at June, 30, 2015 to 68 as at June, 30, 2016. GCL New Energy installed 1.1 GW and reached 2.7 GW in the first half of this year.
The company’s result for the first half is expected to be published by end of August 2016.

 

 

Thursday, August 11, 2016

Bloomberg: Solar Manufacturers Pivoting Away From Big U.S. Utility Projects

From Bloomberg, Aug 11, 2016, 12:01:00 AM

The top two U.S. solar manufacturers are shifting away from the biggest domestic market because utilities aren't signing as many deals to buy electricity from their giant power plants.

To read the entire article, go to http://bloom.bg/2bhh3gg

Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8



Sent from my iPad

BBC News: Australia risks Chinese anger over power grid sale

I saw this on the BBC News App and thought you should see it:

Australia risks Chinese anger over power grid sale
Australia's government preliminarily blocks Chinese and Hong Kong bidders from taking a controlling stake in the country's largest electricity network, citing worries over national security.
Disclaimer: The BBC is not responsible for the content of this email, and anything written in this email does not necessarily reflect the BBC's views or opinions. Please note that neither the email address nor name of the sender have been verified.


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Tuesday, August 2, 2016

Fwd: VIETNAM – SOLAR POWER – FIRST EVER REGULATIONS ON SOLAR POWER- WHAT YOU MUST KNOW



---------- Forwarded message ----------
From: Massmann, Oliver <OMassmann@duanemorris.com>
Date: Wednesday, August 3, 2016
Subject: VIETNAM – SOLAR POWER – FIRST EVER REGULATIONS ON SOLAR POWER- WHAT YOU MUST KNOW



With Compliments

Oliver Massmann

Rechtsanwalt

General Director – Duane Morris Vietnam LLC

Member to the Supervisory Board of PetroVietnam Insurance Holdings Joint Stock Company

Chairman Legal Sector Committee of the European Chamber of Commerce

Hanoi: V1307/08, Pacific Place, 83B Ly Thuong Kiet street, Hoan Kiem Dis, Hanoi; Phone: + 84 169 249 5833/

HCMC: Suite 1503/04, 15th Floor, Saigon Tower, 29 Le Duan street, District 1, HCMC; Phone: + 84 169 249 5833

Myanmar Address: No.10 Phoyazar street, 15 Ward, Baukhtaw Yankin Township,Yangon; Tel: + 84 169 249 5833

 

 

GOVERNMENT'S INCENTIVES TO DEVELOP SOLAR POWER PROJECTS IN VIETNAM

By Oliver Massmann

Duane Morris Vietnam LLC

 

Vietnam is among the countries with the world's highest annual sunshine allocation on the world's solar radiation map. This is an advantage for Vietnam in its efforts to develop a solar power industry, in the context of increasing demand for electricity and the potential risks of traditional electricity production sources.

To encourage investment in renewable energy projects, the Vietnam Ministry of Industry and Trade (MOIT) has proposed the first Draft Decision of the Prime Minister on incentives for solar power projects, especially in terms of investment capital, tax and land use rights. These incentives would apply to power generation projects using the photovoltaic method. The following analysis is based on the latest Draft Decision, which will be subject to further changes when the official decision is adopted.

Investment incentives

Investment capital: Investors may mobilize capital from domestic or overseas organizations and individuals to invest in solar power projects. Such projects are entitled to investment credit and export credit incentives. In particular, investors could apply for a loan of up to 70 percent of the total investment capital of their project with a maximum term of 12 years. Moreover, investors could also enjoy export credit incentives in a loan of up to 85 percent of the export/import contract value, also with a maximum term of 12 years.

Import duty: Solar power projects are exempted from an import duty on those goods imported to create fixed assets of the projects; these include components, materials and semi-finished products that are not available in Vietnam and that are needed for the project's operation.

Corporate income tax: According to current taxation regulations, solar power projects will also enjoy the same corporate income tax exemption and reduction as projects in sectors that are receiving investment incentives. For example, a corporate income tax rate of 10 percent will be applied for 15 years, tax exemptions will occur within four years and taxes will be reduced by 50 percent in the next nine years.

Land: Solar power projects, lines and transformer stations connected to the national grid enjoy the same exemptions and reductions in land use and land rental as projects entitled to special investment treatment. Such incentives, among other things, include exemption of land rental within three years from the operation date of the project.

Who will be the off-taker?

According to the Draft Decision, the Electricity of Vietnam (EVN) or its authorized member units will be the power purchaser. The power sale and purchase will be conducted by negotiating and signing the power sale and purchase agreement according to the template agreement stipulated by the MOIT. Terms of the agreement extend 20 years from the commercial operation date of the project. Duane Morris will continue to monitor the issuance of the template agreement by the MOIT.

Feed-in-tariff (FIT) rate

EVN is responsible for buying the whole electric output from solar power projects, with the electric buying price at the point of electricity receipt to be 1,800 Vietnamese dong/kwh and 3,500 Vietnamese dong/kWh (equivalent to 12 U.S. cents/kWh and 16.7 U.S. cents/kWh).

For solar power projects installed on the roof of a house connected to the grid, if the electricty generated is more than that consumed, the difference to be bought at the point of electricity receipt is 3,150 Vietnamese dong/kWh (not including VAT, equivalent to 15 U.S. cents/kWh). This price will be adjusted based on the fluctuation rate between the Vietnamese dong and U.S. dollar. If the electricity generated is less than that consumed, the electricity received from the grid must be paid at the normal commercial price charged by the electricity purchaser.

The above FIT rate is still low compared to other neighboring Asian countries. In Thailand, the new FIT is THB 5.66/KWh (about 15.7 U.S. cents/kWh) for a solar farm of less than 90MW. For a solar rooftop, the FIT rate varies depending on the capacity of the project. With a solar rooftop of 250–1,000 KW, the FIT would be THB 6.01/kWh (about 17 U.S. cents/kWh). The FIT for solar rooftops of 10–250 KW and less than 10KW are THB 6.40/kWh (about 18 U.S. cents/kWh) and THB 6.96/kWh (about 19 U.S. cents/kWh), respectively. In the current Draft Decision, Vietnam does not draw any difference between the capacity of the solar rooftop projects but sets the FIT rate based on the difference between electricity consumed and generated. Meanwhile, the FIT in the Philippines for solar power projects is also higher than that of Vietnam, i.e., P 9.68/kWh (equivalent to 21 U.S. cents/kWh). As Vietnam's FIT is still in the drafting process and not yet final, the anticipation is high for this to be amended in the next draft to reach regional levels. This is of vital importance to attract investment.

Conclusion

If the Draft Decision is adopted, it would be the first-ever legal document regulating solar energy in Vietnam. The Government of Vietnam strives to attract foreign investment in the sector and to take full advantage of the plentiful solar energy—an average solar radiation of 5kWh/m2 per day—across Vietnam. Foreign investors, especially those in the U.S, have been eyeing Vietnam for their investment in clean energy. The Government of Vietnam is aware of the need to garner support for these projects and is offering incentives. While these projects may not meet investors' expectations in the immediate future, the movement appears positive. The developing agreement on the Trans-Pacific Partnership (TPP), affecting Vietnam, the United States and 10 other countries, points the way toward a developing energy sector in general—and clean energy in particular. Therefore, these factors suggest a growing market and plenty of investment incentives for U.S investors, as well as other members of the TPP.

 

***

 

Oliver Massmann is the General Director of Duane Morris Vietnam LLC. Mr. Massmann practices in the area of corporate international taxation and on power/water projects, matters related to oil and gas companies and telecoms, privatization and equitization, mergers and acquisitions, and general commercial matters for multinational clients in relation to investment and doing business in Vietnam. He can be reached at omassmann@duanemorris.com.

 

Disclaimer: This article is prepared and published for informational purposes only and should not be construed as legal advice. The views expressed in this article are those of the author and do not necessarily reflect the views of the author's law firm or its individual partners.

 

 

 

 

 

www.duanemorris.com

 

 

 

Oliver Massmann
Partner -  Duane Morris Vietnam LLC

 

Member -  Supervisory Board of PetroVietnam Insurance Holdings Joint Stock Company

 

Pacific Place, Unit V1307/1308,

13th Floor
83B Ly Thuong Kiet Street,

Hoan Kiem District, Hanoi, Vietnam

 

No.10 Phoyazar Street,

15 Ward,Baukhtaw Yankin Township,

Yangon, Myanmar

P: +84 4 3946 2205
F:
+84 4 3946 1311
C:
+84 169 2495833

  

E-MAIL | BIO | VCARD

 

 













 

 

Oliver Massmann

Rechtsanwalt

 

This e-mail is from Duane Morris Vietnam LLC (a law firm). We can provide a list of our partners upon request. If this e-mail has been sent to you by mistake, please let us know, and then delete this message

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Please note that the above articles, comments etc have been extracted or reproduced and forwarded electronically from the sources credited above and have not been authored by the sender and do not necessarily represent the views of the sender. The sender takes no responsibility for the accuracy or legitimacy of the above or changes that may be made to the above by subsequent forwarders or recipients.

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For more information about Duane Morris, please visit http://www.DuaneMorris.com


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--
Monty Bannerman
ArcStar Energy
+1 646.402.5076
www.arcstarenergy.com

PV Magazine Mobil: Trina to go private in $1.1 billion deal

http://m.pv-magazine.com/news/details/beitrag/trina-to-go-private-in-11-billion-deal_100025631/

PV Magazine Mobil: 18 bids for the daytime block in Chile's electricity auction

http://m.pv-magazine.com/news/details/beitrag/18-bids-for-the-daytime-block-in-chiles-electricity-auction_100025632/

PV Magazine Mobil: New York regulators issue 50% by 2030 renewable energy mandate

http://m.pv-magazine.com/news/details/beitrag/new-york-regulators-issue-50-by-2030-renewable-energy-mandate_100025634/