Europe's recent summers were the 'warmest in 2,000 years'
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Study shows costs of PV decreased 10% per year since 1980
28.01.2016: »We put ourselves in the past, pretended we didn't know the future, and used a simple method to forecast the costs of the technologies.« These were the methodological premises of a study conducted by a research team from the University of Oxford, which has also analyzed the development of the PV technology over the past and future decades. The paper »How predictable is technological progress?,« which found that the costs of a PV module decreased at an average rate of 10% per year since 1980, provides a quantitative answer to a fundamental question: »How do we know that the historical trend will continue? Isn’t it possible that things will reverse, and over the next 20 years coal will drop in price dramatically and solar will go back up?« According to the researchers, the example of solar PV modules illustrates that differences in the improvement rate of competing technologies can be dramatic, and that an underdog can begin far behind the pack and quickly emerge as a front-runner. © PHOTON
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
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Good luck with Rubio. He doesn’t believe in either climate change or the theory of evolution.
CIGS will make life harder for crystalline silicon, ZSW
Solar Frontier is the only major manufacturer still believing the CIGS bet below. Cadmium Telluride (First Solar) is the only other thin film technology that could achieve these cost and efficiency goals. Both have remained behind the steep cost curve dive of poly and mono. FS claims that this has already changed.
27.01.2016: Although polycrystalline solar cells have currently a market share of 90% in the global solar industry, thin-film CIGS solar cells could soon increase their share due to reduced costs and increasing efficiencies. These are the conclusions of a white paper on the CIGS technology released by Germany-based Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW). The research institute said that CGIS cells have currently reached a conversion efficiency of 22.3%, while multi-crystalline cells have an average efficiency of 20.4%. Although at module level both technologies have an average efficiency of 15% to 17%, the CIGS technology seems to be very promising, due to the fact that the average cost of a CIGS module is currently almost the same of a polycrystalline module - $ 0.40 per W. The ZSW also believes that the cost of a CIGS solar panel with an efficiency of 18% could be reduced to $ 0.25 per W with a manufacturing capacity of 500 MW to 1,000 MW. »The dominance of crystalline silicon in the global solar market will likely continue for a while, but the CIGS technology will gain market shares,« said the head of ZSW Michael Powalla. © PHOTON
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
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Japan has given the go-ahead to 85,550 megawatts of clean energy projects since the introduction of an incentive program in July 2012, with solar comprising the vast bulk of the new capacity.
To read the entire article, go to http://bloom.bg/1SsUJ0F
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Azure Power Global Ltd., an Indian clean energy company with financing from the World Bank, registered to sell as much as $100 million in stock in an initial public offering on the New York Stock Exchange to help pay for its expansion.
To read the entire article, go to http://bloom.bg/1NrgvNU
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Iusasol energizes 21 MW solar plant in Mexico
18.01.2016: Mexican solar module producer Iusasol, a subsidiary of industrial conglomerate Grupo Iusa, has connected to the grid a 21 MW PV plant in Pasteje, in the northwest part of the State of Mexico, central Mexico. The plant, which was officially inaugurated by the Mexican President Enrique Peña Nieto, is the first phase of a 400 MW PV project that the company aims to develop by mid-2017. The $38 million PV plant will sell will sell electricity at market prices and will compete directly with other generation technologies. Iusasol began producing solar modules at its 500 MW Mexican solar module manufacturing facility in October 2014. According to the Mexican government, the $800 million factory has an annual capacity of 1.6 million modules. © PHOTON
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
Doubling the share of solar, wind and other renewables in the energy mix would boost global economic growth by as much as 1.1 percent by 2030, according to the International Renewable Energy Agency.
To read the entire article, go to http://bloom.bg/1QcMVP4
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The sun and the wind continue to defy gravity.
Renewables just finished another record-breaking year, with more money invested ($329 billion) and more capacity added (121 gigawatts) than ever before, according to new data released Thursday by Bloomberg New Energy Finance.
To read the entire article, go to http://bloom.bg/1KeCJz6
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Explains fee compression but oil price is less able to destroy demand than before.
15.01.2016: In 2015, global investments in clean energy grew 4% from the previous year, reports Bloomberg New Energy Finance (BNEF). The good results of the past year are mainly due to » utility-scale projects such as wind farms, solar parks, biomass and waste-to-energy plants and small hydro-electric schemes.« Total investment in the global clean energy sector reached $392.3 billion in 2015. For comparison, investments in 2014 totaled $315.9 billion. BNEF stressed that last year’s result will be difficult to repeat, due to the fact that dollar investments in clean energy could be negatively impacted by several factors, one of which is the further declining costs of the PV technology that could mean that that more capacity could be installed for the same price. »These figures are a stunning riposte to all those who expected clean energy investment to stall on falling oil and gas prices. They highlight the improving cost-competitiveness of solar and wind power, driven in part by the move by many countries to reverse-auction new capacity rather than providing advantageous tariffs, a shift that has put producers under continuing price pressure,« BNEF, chairman of the advisory board Michael Liebreich said. © PHOTON
www.prnewswire.com/news-releases/365240701.html
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
AEE Energía Renovable to develop 30 MW PV project in Mexican state of Sinaloa
13.01.2016: Mexican developer AEE Energía Renovable de México, S.A. de C.V. is planning to build a 30 MW PV plant in Topolabampo, in Mexico’s northern state of Sinaloa. The company has signed a 25-year PPA for the project with the local government, which said that it will buy power from the plant at a price 20% lower than the price offered by local utility Comisión Federal de Electricidad. AEE Energía Renovable will invest approximately $85 million in the project. © PHOTON
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
From: CNN Breaking News [mailto:BreakingNews@mail.cnn.com]
Sent: Tuesday, January 12, 2016 2:32 PM
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Oil plummeted below $30 a barrel today for the first time since December 2003.
The latest wave of selling leaves crude oil down 19% this year alone. It represents an incredible 72% plunge from crude's June 2014 peak of almost $108.
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U.S. Weather Wet And Wild In 2015, Though No Big Hurricanes
by Christopher Joyce
NPR - January 7, 2016
The U.S. had 10 weather events in 2015 that cost $1 billion or more in damage, with December the warmest and wettest month on record. Climate scientists blame a warming climate and strong El Nino.Costa Rica to issue tariffs for net-metering in February
5.01.2016: Costa Rica's utility regulator Autoridad Reguladora de los Servicios Públicos (ARESEP) will issue the tariffs for the net-metering scheme for solar installations in February. According to local financial newspaper El Financiero, ARESEP will issue the tariffs at which PV system owners will sell their electricity surplus to the country’s utilities Instituto Costarricense de Electricidad (ICE) and Compañía Nacional de Fuerza y Luz (CNFL). In August, Costa Rica’s Ministry of Environment, Energy and Telecommunications (MINAE) introduced a reform of the net-metering scheme aimed at making it easier to install a PV system under the program. Under the new legislation, homeowners and enterprises interested in installing a PV system under the scheme don’t have to require an authorization to ARESEP. According to Costa Rica’s government, the new scheme will support the development of residential and commercial PV segments. Costa Rica introduced a net-metering scheme for PV in April 2015. © PHOTON
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
Every looming threat of regulation causes gun buyers to stockpile. Kind of foolish for anyone to expect that prohibition expectations aren't going to cause everyone to rush out and buy a case of liquor.
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The first U.S. shipment of crude oil to an overseas buyer departed a Texas port on Thursday, just weeks after a 40-year ban on most such exports was lifted.
To read the entire article, go to http://bloom.bg/1YS4UQF
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