FW: Germany's Day in the Sun: Solar Hits 22 GW Mark

How far can solar penetrate into a national power network? See this.



http://www.renewableenergyworld.com/rea/news/article/2012/05/germanys-day-in
-the-sun-solar-hits-22-gw-mark?cmpid=SolarNL-



New Hampshire, USA — With the sun beaming overhead and the nation hard at
work, Germany turned to solar like never before last Friday and Saturday as
the nation's PV installations fed 22 gigawatts of electricity into the grid
at one point, providing nearly half of the country's energy needs.

In doing so, Germany answered some critical questions as it reshapes its
policy away from nuclear power and toward renewable sources like solar, wind
and biomass. Chief among the concerns is how much intermittent solar Germany
can seamlessly integrate into its grid without causing major disruptions.

During one 24-hour period, Germany's PV accounted for nearly a third of the
nation's energy needs on midday Friday when the nation's factories and
offices were humming along, and then it approached 50 percent midday
Saturday as residents enjoyed a sun-filled weekend.

The milestone comes at a critical crossroads for a country that is eager to
move on from its dependence on nuclear power, but has been increasingly at
odds over which path to take. If nothing else, the achievement is certain to
add to the growing confidence that solar can fill much of the nuclear void.
Germany currently gets about 20 percent of its energy from renewable
sources, with solar contributing about 4 percent annually.

According to the International Economic Platform for Renewable Energies in
Muenster, the power produced at its weekend peak was greater than the
capacity of 20 nuclear power plants. The timing of the peak is particularly
important since it comes during times when energy use is at its highest.

"It is often underestimated that the sun brings significant power if and
when it is needed most. In the peak time for lunch," said institute director
Norbert Allnoch. Because of this, the group says that expensive peak load
power plants are increasingly rare or no longer used.

Germany is by far the world leader in installed PV capacity with more than
26 GW. Last year alone, the nation added nearly 8 GW and it has continued
its rapid expansion through the start of 2012. Concerns over the speed of
installation and the growing cost of government support pushed legislators
to adopt a steeper than expected cuts to the Feed-in Tariff that is credited
with fueling the installation boom in recent years. That cut, however, has
run into some political barriers and a separate mediation panel is now
charged with finding a resolution.

S
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Small island nations meet to discuss how to replace fossil fuels with renewables

Small island nations meet to discuss how to replace fossil fuels with renewables

29.05.2012: The world’s 39 Small Island Developing States (SIDS) met earlier this month in Barbados to discuss how energy efficiency and renewable energy technologies could help them reduce their dependence on expensive fossil fuel imports. AlertNet reports that many of these small island nation’s are already on their way to energy independence: Tonga and Tokelau plan to become fully energy independent this year, while Tuvalu and the Cook Islands aim to produce all of their own energy by 2020. At the meeting, Barbados pledged to get 29 percent of its electricity from renewables by 2029, and the Maldives set a goal of making its energy sector carbon neutral by 2020. According to AlertNet, fossil fuel imports cost some small island states as much as 30 percent of their gross domestic product (GDP) – by deploying more hydro, solar, wind, biomass and geothermal energy, these nations could free up a significant portion of their GDP. … Source: Reuters AlertNet; Summary: PHOTON http://www.trust.org/ http://www.trust.org/alertnet/news/small-island-states-seek-to-end-dep endence-on-imported-oil

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

Selling prices of operating solar farms

Luxcara acquires 12 MW in France, 9 MW in Italy

29.05.2012: German asset manager Luxcara has acquired a 12 MW solar park from French renewable energy developer EDF Energies Nouvelles (EDF EN) for approximately €49 million ($62 million). The thin-film solar park, located in the municipality of Béguy, in the French region of Aquitaine, will be added to the portfolio of Luxcara's Flaveo SA, Sicac-Fis investment fund. This is the second French solar park Luxcara has purchased from EDF EN. Last week, Luxcara announced that it had closed a financing deal with Commerzbank AG that would enable Flaveo SA, Sicac-Fis to acquire three photovoltaic (PV) installations in Italy for €48 million ($60 million). The three installations, which have a combined capacity of 9 MW, are located in the regions of Sicily and Piedmont. All three PV installations were developed by Belectric Solarkraftwerke GmbH, and, like the 12 MW French solar park, rely on First Solar thin-film modules. … Source: Luxcara Advisory GmbH; Translation and summary: PHOTON http://luxcara.de/en/news-info/artikel/luxcara-erwirbt-weitere-photovo ltaikanlage-in-frankreich.html http://luxcara.de/en/news-info/artikel/luxcara-hat-finanzierung-fuer-p hotovoltaikanlagen-in-italien-abgeschlossen.html The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65734.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

Module prices drop again after brief rally

Module prices drop again after brief rally

25.05.2012: Module prices on the German spot market dropped again last week after a brief upswing in the previous weeks. According to PHOTON’s module price index, the average price of multicrystalline modules fell nearly 7 percent to 69 euro cents (85¢) per Watt. The average price of Asian modules also fell below 70 euro cents, dropping to 68 euro cents (87¢) per Watt. Meanwhile, the average price of monocrystalline modules declined by 5 percent to 76 euro cents (96¢) per Watt. The entire module price index, as well as indexes for other regions, cell technologies and inverters, are published on a regular basis in PHOTON International. The Monday edition of the PHOTON newsletter includes only an excerpt from the various price indexes. Source: PHOTON http://www.photon.info The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65647.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

Northern California FIT rates

You will need to add in California’s higher solar radiation (40-50% higher than Ontario) and the effect of tax equity financing, but I predict the bottom line is <$0.20/kWh.

 

Recurrent commissions 50 MW in Northern California

25.05.2012: US solar project developer Recurrent Energy Inc. said that three of its photovoltaic (PV) projects in Sacramento County, California – representing 50 MW of solar capacity – have achieved commercial operation. Recurrent, a subsidiary of Japanese electronics company Sharp Corp., is selling the power from the three projects to the Sacramento Municipal Utility District (SMUD) under a 20-year feed-in tariff. SMUD pays an annual average of 10¢ per kWh for projects coming online in 2012 under 20-year contracts. The company said a fourth project in the same area is expected to come online later this year. In December, Recurrent announced that it sold its entire 88 MW portfolio of PV projects contracted with SMUD to Google Inc. and Kohlbert Kravis Roberts & Co. LP. … Source: Recurrent Energy Inc.; Summary: PHOTON http://www.recurrentenergy.com http://www.recurrentenergy.com/sites/default/files/Recurrent%20Energy% 20Reaches%20Commercial%20Operation%20of%2050%20MW%20of%20Solar%20PV%20 Projects%20in%20Sacramento%20County.pdf The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65673.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

FW: Hydro Green Energy: Low Head Hydro Turbines

 

http://www.hgenergy.com/hastingsinstallation.html

ISS Welcomes SpaceX Dragon — First Private Spacecraft at Station | Autopia | Wired.com

Great photos of the approach and docking. Canadian technology plays key role.

http://www.wired.com/autopia/2012/05/spacex-docking/

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

OPA RFP - Feed-in Tariff Commercial Operation Document Review | Ontario Power Authority

http://www.powerauthority.on.ca/rfp-feed-tariff-commercial-operation-document-review

Utility Success: Interview with Thierry Vandal, President and CEO of Hydro-Quebec | Hydro Review Magazine Article

http://www.renewableenergyworld.com/rea/news/article/2012/05/interview-with-thierry-vandal-president-and-ceo-of-hydro-quebec?cmpid=WNL-Friday-May25-2012

tariff me you western devil? you say Taiwan is not China? Ha, have it your way.

http://www.renewableenergyworld.com/rea/news/article/2012/05/could-taiwan-be-the-next-big-solar-manufacturing-hub?cmpid=WNL-Friday-May25-2012

If you can't beat 'em, join 'em

Isofoton records profit for second year in a row

24.05.2012: Spanish solar manufacturer Isofoton SA posted a profit of €7.74 million ($9.78 million) for full-year 2011 despite a 13.8 percent year-on-year decline in revenue. The company, which manufactures solar cells and modules in Málaga, Spain, said it sold 85 MW of solar products last year and recorded revenue of €106.19 million ($123.21 million). The company reported a positive outlook and says it expects to expand solar production capacity to 1,500 MW in two years time. To that end, the company expects to inaugurate a production facility in Ohio in September 2012, and it aims to open a new facility in Latin America in the coming years. Last week, Isofoton and Chinese polysilicon and wafer manufacturer GCL-Poly Energy Holdings Ltd. signed a memorandum of understanding to jointly develop and construct 1 GW of photovoltaic (PV) projects worldwide. Under the agreement, Isofoton will provide all of the modules used for the projects. However, Isofoton will purchase all of the wafers and some of the solar cells used for those modules from GCL-Poly. Isofoton suggested that many of the projects would be located in Latin America, the US and China, but it did not give any indication of when construction on those projects might begin. … Source: Isofoton SA; Summary: PHOTON http://www.isofoton.com The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65585.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

Securitization of rooftop portfolios emerges

Citigroup expects to complete solar securitization deal later this year

24.05.2012: Environmental Finance reports that US financial services company Citigroup Inc. is developing a securitization bond structure for large pools of residential solar projects. Citing Citigroup’s director of infrastructure and project finance, Stuart Murray, the article reports that Citigroup will likely close a solar securitization deal later this year or in early 2013 – that would likely make Citigroup the first company to complete such a deal. Speaking about potential solar securitizations, Murray said: “I think we and a lot of other firms are looking to crack that nut. It would be an incredibly efficient source of financing to stimulate the deployment of residential rooftops.” … Source: Environmental Finance; Summary: PHOTON http://www.environmental-finance.com http://www.environmental-finance.com/news/view/2518

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

US anti-dumping tariffs spark trade war, as predicted.

China’s Ministry of Commerce says US renewable energy subsidies go against WTO rules

24.05.2012: China’s Ministry of Commerce has accused the US of providing renewable energy companies with “unfair” government grants that are prohibited under World Trade Organization rules, according to news agency Xinhua. The ministry claims that six renewable energy programs that support wind, solar and hydroelectric energy in five US states violate the Agreement on Subsidies and Countervailing Measures and the General Agreement on Tariffs and Trade. The investigation into US support policies was launched last November, around the same time the US began its investigation into Chinese solar cell and module imports. The six state-level programs identified by the ministry support renewables in Washington, Massachusetts, Ohio, New Jersey and California. In response to the announcement, the US Solar Energy Industries Association (SEIA) and the China Renewable Energy Industries Association have called on the US and China to resolve the trade conflict through negotiation before it escalates further. The trade associations warn that the trade dispute threatens the entire solar market. … Source: Xinhua, US Solar Energy Industries Association; Summary: PHOTON http://news.xinhuanet.com/english/china/2012-05/24/c_131608450.htm http://www.seia.org/cs/news_detail?pressrelease.id=2133 The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65570.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

Cape Wind Permit Application DEIS Page

Complete Cape Wind investment stack for future reference.

 

http://www.nae.usace.army.mil/projects/ma/ccwf/deis.htm

SoCalGas Accelerates Newest Solar Technology To Co-produce Renewable Electricity And Cooling | Solar | Generation & Storage | Energy Central

http://www.energycentral.com/generationstorage/solar/news/en/24664630/SoCalGas-Accelerates-Newest-Solar-Technology-To-Co-produce-Renewable-Electricity-And-Cooling

Mainstream solar projects in Chile

162 MW PV project proposed in Chile, as solar pipeline nears 3 GW

22.05.2012: Andes Mainstream SpA, a subsidiary of Irish company Mainstream Renewable Power, is in the early stages of developing a 162 MW photovoltaic (PV) project in northern Chile’s Atacama Desert, near the town of Diego de Almagro in the province of Chañaral. According to documents published by Chile’s Environmental Impact Assessment Agency (SEIA) on May 22, the estimated $420 million project would rely on 519,000 polycrystalline solar modules from an unnamed supplier. This follows Mainstream’s proposal in December to build a 75 MW PV project in northern Chile. In total, solar power plant developers have applied to construct approximately 2,900 MW of PV and solar thermal electric projects in Chile. SEIA has approved 685 MW so far, but a 1 MW PV system supplied by Solarpack Corporación Tecnológica SL is currently the country’s only operational large-scale solar project. Most of the proposed projects are located in the Atacama Desert, where developers are seeking to supply mining companies in need of power. Chile is considering legislation to boost its share of renewable power – not including large-scale hydro – to 20 percent of its electricity mix by 2020. … Source: Chilean Environmental Impact Assessment Agency; Summary: PHOTON http://seia.sea.gob.cl/documentos/documento.php?idDocumento=6921000 http://seia.sea.gob.cl/expediente/ficha/fichaPrincipal.php?modo=ficha& id_expediente=6920996 The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65485.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

Canada's Bill C-38 aims for economic improvement through hydroelectric development

http://www.hydroworld.com/index/display/article-display/6802607781/articles/hrhrw/regulationandpolicy/general/2012/05/canada_s-bill_c-38.html?cmpid=EnlHydroMay222012

E-CL to build 2 MW for mining firm Quiborax in northern Chile

E-CL to build 2 MW for mining firm Quiborax in northern Chile

21.05.2012: Chilean mining firm Quiborax SA and electric company E-CL SA, a company controlled by French energy group GDF Suez, have reached an agreement to build a 2 MW solar park in the northern Chilean region of Arica and Parinacota. The grid-connected solar park will offset about 30 percent of the electricity used by Quiborax’s El Águila chemical plant, located near Arica. E-CL will construct, own and operate the solar park, which is due to be completed in the first half of 2013. This is one of the first agreements between power generators and mining companies for a solar installation in Chile. Several large-scale solar projects for northern Chile have been announced recently; however, few of them have so far progressed past the planning stages. … Source: E-CL SA; Translation and summary: PHOTON http://www.e-cl.cl/prontus_ecl/site/artic/20120518/pags/20120518201015.php http://www.e-cl.cl/prontus_ecl/site/artic/20120518/pags/20120518201015.php

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

New Jersey Senate Committee advances bill that would encourage more solar

New Jersey Senate Committee advances bill that would encourage more solar

18.05.2012: The New Jersey State Senate’s Environment and Energy Committee has approved legislation (S1925) that would encourage further deployment of solar installations in New Jersey by increasing the amount of solar energy electric companies are required to purchase. According to local news source NJ Today, One of the bill’s sponsors, state Senator Bob Smith, said the bill would help stabilize New Jersey’s solar market: “Solar power has become so popular in New Jersey that the supply of solar energy has grown faster than the demand from energy companies. Rather than allowing this market’s growth to stagnate and the production of clean and domestically-produced solar energy to slow, we need to continue to supply incentives for New Jerseyans to purchase and install solar equipment, while keeping costs down for electric ratepayers. This bill is a great step in avoiding another bust of New Jersey’s solar market.” If the bill is approved, New Jersey’s Renewable Portfolio Standard (RPS) would be amended so that utilities would be required get more of their electricity from solar power generators each year beginning in energy year (EY) 2014 (energy years begin in June of the preceding year). According to the version of the bill passed by the senate committee, utilities would have to get 3.722% of their electricity from solar power generators in EY 2021, 4.180% in EY 2026 and 4.227% in EY 2028 and every year thereafter. Under current law, requirements are measured in gigawatt hours instead of percentages: energy providers must purchase 2,518 GWh in 2021 and 5,316 GWh in EY 2026 and every year thereafter. The bill would also introduce a lower cap on Solar Renewable Energy Certificate (SREC) prices – $325 in EY 2014 under S1925 compared to $625 under the current RPS. The bill will now be considered by the full senate. After California, New Jersey is the second largest solar market in the US. … Source: NJ Today; Summary: PHOTON http://njtoday.net/2012/05/18/senate-committee-advances-bill-to-boost- solar-energy-market/ http://www.njleg.state.nj.us/bills/BillView.asp The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65345.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

FW: Ontario Sets New Rules for Geothermal Drilling

Munis have a big voice these days.

 

 

Ontario Sets New Rules for Geothermal Drilling

May 18, 2012

McGuinty Government Ensuring Safe Development of New Energy Sources

Ontario is strengthening the regulation of vertical closed loop drilling for geothermal energy systems, with new rules that take effect immediately.

The province is improving public health and safety by requiring geothermal installers to:

• Obtain provincial approval for vertical closed loop geothermal systems
• Consult with a certified geoscientist or engineer before drilling
• Develop an emergency plan before drilling

The Ministry of the Environment will consult with industry stakeholders in the coming months on the new regulations.  The ministry will also be conducting inspections to ensure installers are meeting safety standards.

Increasing green energy, such as geothermal systems, is a part of the McGuinty government's plan to grow renewable energy and shut down dirty coal plants to ensure a strong, green economy for future generations.

QUOTES

"The actions we are taking today and in the coming months will ensure geothermal drilling takes place safely."

 – Jim Bradley
Minister of the Environment

"The health and safety of local residents is my first priority. That is why I advocated for the province to take such swift action to put appropriate controls on geothermal drilling."

 – Kevin Flynn
MPP, Oakville

"Oakville Council is pleased that Minister Bradley and the McGuinty government have listened to our concerns and the concerns of The Ontario Association of Fire Chiefs in acting to strengthen the requirements on borehole drilling for geothermal energy installations. The town supports the province's commitment to promote renewable energy sources in a way that protects the health and safety of our community."

 – Rob Burton
Mayor of Oakville

QUICK FACTS

• Geothermal energy is a form of renewable energy that leverages underground temperatures to heat and cool buildings.
• Geothermal energy systems - when drilled, installed and constructed in a safe manner - provide an excellent source of green heating and cooling for a variety of uses including residential, commercial, agricultural and industrial applications.
• According to the Canadian GeoExchange Coalition, since 2008 more than 8,800 geothermal systems have been installed in Ontario. Approximately 15 per cent of the earth energy systems in Ontario are closed loop vertical.

CONTACTS

• Contact information for the general public
  416-325-4000
  1-800-565-4923
  
  
• Kate Jordan
  Communications Branch
  416-314-6666
  Kate.Jordan@ontario.ca
• Lyndsay Miller
  Minister’s Office
  416-314-6739
  Lyndsay.Miller@ontario.ca

---

Ministry of the Environment
ontario.ca/environment

 

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US Department of Commerce issues preliminary ruling on antidumping duty investigation

Looks like Ontario might have the lowest cost/watt in North America for a while. NOT good for the US market.

 

US Department of Commerce issues preliminary ruling on antidumping duty investigation

17.05.2012: The US Department of Commerce (DOC) said it plans to impose new antidumping duties (AD) on crystalline silicon photovoltaic cells and modules imported from China. In announcing the preliminary ruling of its AD investigation into Chinese solar imports, the DOC said Chinese manufacturers sold solar cells in the US at dumping margins ranging from 31.14% to 249.96%. The DOC will therefore impose dumping margins equal to that amount on Chinese solar cell imports. Since the DOC determined that critical circumstances exist, the dumping tariffs will be retroactive 90 days from the date the decision is published in the Federal Register. This preliminary ruling is not the final decision on AD tariffs – the DOC is scheduled to issue its final determination on the AD investigation and the companion countervailing duty (CVD) investigation in October 2012. Once the DOC has published its final decision on tariffs, the International Trade Commission will review the decision and will issue its final injury ruling in November. The DOC imposed preliminary margins of 31.14% for Trina Solar, 31.22% for Suntech, 31.18% for 59 other producers and 249.96% for all other Chinese solar manufacturers. … Source: US Department of Commerce; Summary: PHOTON http://coalition4affordablesolar.org/?p=620 http://www.americansolarmanufacturing.org/news-releases/05-17-12-comme rce-department-ruling.htm The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65265.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

Ontario political foot-dragging causing more industry carnage

Day4Energy reduces losses in first quarter 2012

16.05.2012: Canadian photovoltaic products producer Day4 Energy Inc. reports that in the first quarter of 2012, revenue was down 59 percent year on year at $6.5 million. However, the company’s net loss shrank during the same period, falling from $6.3 million in the first quarter of 2011 to a loss of $4.1 million in the first quarter of this year. On April 16, the Toronto Stock Exchange (TSX) informed Day4 that it was reviewing Day4’s eligibility for continued listing on the TSX due to the company’s weak financial situation. Day4 was given 120 days to comply with all TSX requirements for continued listing. … Source: Day4 Energy Inc.; Summary: PHOTON http://www.day4energy.com http://www.day4energy.com/wp-content/uploads/Q1-2012-PR-FS-2012-05-15- FINAL.pdf The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65188.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

how much RE can you cram on the grid? CA says more

Support for solar in California grows, CPUC set to decide on method for calculating net-metering cap

16.05.2012: US environmental advocacy organization Environment America reports that more than 100 elected officials from across California have endorsed Governor Jerry Brown’s “Clean Energy Jobs Plan,” which calls for 12,000 MW of solar capacity to be installed in the state by 2020. The organization notes that the price of solar energy in California has declined by 25 to 40 percent in the last five years, and it says the state’s solar industry now employs more than 25,000 people. Environment America says that in order to achieve the 12,000 MW goal, California policy makers must expand the state’s solar market and must ensure that the California Public Utilities Commission (CPUC) approves a proposed decision that will enable more California electricity consumers to participate in the state’s net-metering program. In April, the CPUC put forward a proposal to clarify the methodology used by utilities to calculate the amount of net-metered renewable energy on the grid. The utilities use this number to determine how much net-metering is still available to customers. The net-metering program – which enables customers to receive a credit on their bill for renewable energy generation that exceeds the amount of energy they consume – has a cap of “5 percent of aggregate customer peak demand;” however, California law does not specify how exactly utilities should calculate that number. Consequently, each utility is using its own methodology: these methodologies have ended up being more restrictive than was intended by the law, resulting in significantly less net-metered solar and renewable energy being allowed. According to Environment America, the CPUC is expected to decide on the proposal on May 24. … Source: California Public Utilities Commission; Summary: PHOTON http://www.cpuc.ca.gov http://www.environmentamerica.org/news/cae/over-100-california-leaders -call-more-solar The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65245.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

Chile mining sector hungry for solar

Another large-scale project submitted to the environmental authorities in Chile

16.05.2012: Spanish company Eosol New Energy SA has submitted a proposal to environmental authorities in Chile for a 192.6 MW photovoltaic (PV) power project. The power plant, which would require an investment of about $615 million, is to be located in the northern region of Antofagasta, a region with one of highest irradiation levels in the world. Solar developers have applied to build well over 2,500 MW of PV and solar thermal projects in Chile. To date, however, few solar installations have been completed in the country. Many of the proposed projects would be built on behalf of mining companies that have not been able to expand their operations due to limited access to electricity. Chile aims to increase its share of renewable energy from its current level of 3% to 20% in 2020. … Source: Environmental Authorities; Summary: PHOTON http://www.sea.gob.cl http://www.acera.cl

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

Conergy reduces losses despite revenue decline

There is capacity destruction and red ink in almost every panel producer in the world this quarter. Expect price declines to slow considerably.

 

 

15.05.2012: German solar module maker Conergy AG narrowed its net loss in the first quarter of 2012 despite a considerable drop in revenue. Revenue in the most recent quarter amounted to €98 million ($126 million), compared to €163 million in the first quarter of 2011. Meanwhile, net loss fell to €15 million from a loss of €22 million in the first quarter of last year. Conergy attributed the reduced net loss to the company's strategic realignment as a system supplier and the restructuring measures it implemented in 2011. The company is cautiously optimistic about the second quarter after a relatively strong start; however, Conergy expects sales for 2012 to be lower year-on-year. The company did not address rumors that a Chinese company is interested in acquiring a large stake in Conergy. … Source: Conergy AG; Summary: PHOTON http://www.conergy-group.com http://www.conergy-group.com/en/desktopdefault.aspx/tabid-39/57_read-2452/ The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65080.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

FW: Ontario's Feed-In Tariff 2.0 Conference, July 19-20 in Toronto

These guys have big balls announcing yet another FIT 2.0 conference before the fact.

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

From: EUCI Events [mailto:events@eucievents.com]
Sent: Tuesday, May 15, 2012 11:14 AM
To: mbannerman@arcstarenergy.com
Subject: Ontario's Feed-In Tariff 2.0 Conference, July 19-20 in Toronto

 

Ontario's Feed-In Tariff 2.0: 2012 and Beyond July 19-20, 2012 :: Toronto, ON Event Links Download brochure Full agenda Speakers Register now Sponsorship opportunities   If you are interested in sponsorship opportunities for this event please contact Chanin Paul at 720-988-1247 or cpaul@euci.com for more information. Other events Power System Basics for Non-Engineers - Canada June 6-7, 2012 - St. John, NB Combined Cycle Power Plant Fundamentals July 9-10, 2012 - Toronto, ON Combined Cycle Power Plant Fundamentals July 9-10, 2012 - Toronto, ON Share with colleagues Please forward this invitation to others who may have an interest in this topic. EUCI JobBoard! New jobs posted. Click here to view. Post job openings, post your resume, and find open positions throughout the energy industry! Having trouble reading this e-mail?   View it in your browser. Sign up for our complimentary newsletter. Overview Join the Ministry of Energy, Ontario Power Authority (OPA), IESO, Hydro One, financial institutions, and other industry experts as we discuss the new feed-in tariff (FIT) 2.0 version that incorporates the results of the two-year FIT program review. Key changes to the program will be highlighted, and participants will evaluate the ultimate effects of these changes on the industry. The goal of the conference is to help participants better understand the updated FIT program and facilitate continued investment and economic development. Key takeaways ·         Examine policy decisions as they relate to the recent FIT review results ·         Identify specific rules and contracts in place with the new 2.0 version ·         Assess whether the Domestic Content provision has fulfilled the purpose ·         Describe the current interconnection challenges and opportunities ·         Identify the key components of the Transmission Availability Test (TAT) and Distribution Availability Test (DAT) ·         Recognize opportunities and assess risk within the financing process ·         Explain the current state of the Ontario solar market and the impact FIT has made ·         Review transmission expansion projects ·         Identify how FIT has affected the IESO and its Renewable Integration Initiative (SE-91) ·         Preview M&A case studies ·         Identify the role of First Nations  ·         Examine the Revised Renewable Energy Approval (REA) Process ·         Relate and apply transferable best practices utilized in Ontario and throughout the region Presentations by Ministry of Energy EDF EN Canada Hydro One Networks Inc. Ontario Power Authority (OPA) Association of Power Producers of Ontario (APPrO) IESO Ontario Sustainable Energy Association Access Capital Corp. Borden Ladner Gervais (BLG) Carbon Free Technologies Connor Clark & Lunn Financial Group Fraser & Company Northland Union Bank Willms & Shier Environmental Lawyers LLP Copyright © 2012 EUCI If you no longer wish to get these e-mails, you may delete your name from our distribution lists here.

 

FW: 2nd Coaltrans Mongolia is next week

Anyone want to chase coal projects in Ulaanbaatar?

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

From: Paul Clark [mailto:email.oiiiktclbesmwcvexlk@coaltrans.msgfocus.com]
Sent: Tuesday, May 15, 2012 10:02 PM
To: MBANNERMAN@ARCSTARENERGY.COM
Subject: 2nd Coaltrans Mongolia is next week

 

Dear Monty Bannerman, This is just a quick reminder that the 2nd Coaltrans Mongolia is taking place next week on 23 & 24 May 2012 at the Chinggis Khaan Hotel, Ulaanbaatar. With registrations coming in thick and fast, don't miss out on this opportunity to cement your position as a leading player in the market. Download the event brochure here View the agenda online View the companies attending 3 simple ways to register 1) Visit: www.coaltrans.com/mongolia 2) Call: +852 2912 8038 3) Email: coaltrans@euromoneyplc.com If you have any further questions, please do not hesitate to get in touch. Yours sincerely, Paul Clark Senior Conference Manager Coaltrans Conferences

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