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:
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Wednesday, August 31, 2016
Fwd: Ontario Working with Québec and Mexico to Advance Carbon Markets
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:
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Tuesday, August 30, 2016
Fwd: Re: China TOP Battery Manufacturer Give you our Best Offer
---------- 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
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Saturday, August 27, 2016
Friday, August 26, 2016
Thursday, August 25, 2016
Wednesday, August 24, 2016
A terrestrial planet candidate in a temperate orbit around Proxima Centauri : Nature : Nature Research
Bloomberg: Leapfrogging to Solar: Emerging Markets Outspend Rich Countries for the First Time
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
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
Tuesday, August 23, 2016
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/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
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!
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:
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Thursday, August 18, 2016
Bloomberg: Earth Destroys Yet Another Heat Record
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
Wednesday, August 17, 2016
PV growth to slow in 2017; Pricing pressure hits major suppliers | PV Insider
MB
http://analysis.pv-insider.com/pv-growth-slow-2017-pricing-pressure-hits-major-suppliers?utm_campaign=PVI+17AUG16+Newsletter.htm&utm_medium=email&utm_source=Eloqua&elqTrackId=f5faa41b6a074a1e8d8e8103b159ab6a&elq=f951caaa7dcb4636ab4ebeb4ac442ef6&elqaid=21215&elqat=1&elqCampaignId=9360
Sent from my iPad
Tuesday, August 16, 2016
Key things to know about PV Plant O&M
Presentation with audio gives very good overview of capability and systems requirements of bankable O&M.
From: "Monty Bannerman" <mbannerman@arcstarenergy.com>
Date: Aug 16, 2016 11:07 AM
Subject: 1.pv-insider.com/LP=14024?utm_campaign=4540+16AUG16+Content+3+Autoresponder&utm_medium=email&utm_source=Eloqua&elqTrackId=073412325fd144f0910f4a6b6554cda8&elq=b9fc6973be344214984df0e28959e967&elqaid=20998&elqat=1&elqCampaignId=9273
To: "Monty Bannerman" <mbannerman@tnag.net>
Cc:
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
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
Australia risks Chinese anger over power grid sale
Sent from my iPad
Wednesday, August 10, 2016
Fwd: Market Information - Intersolar Middle East
From: "Monty Bannerman" <mbannerman@arcstarenergy.com>
Date: Aug 8, 2016 5:28 AM
Subject: Market Information - Intersolar Middle East
To: <mbannerman1.watts@blogspot.com>
Cc:
http://www.intersolar.ae/en/
Sent from my iPad
Sunday, August 7, 2016
Thursday, August 4, 2016
PV Magazine Mobil: Renewables comprised 15% of Mexico’s electricity generation in 2015
56MW of distributed solar generation is hard evidence of Private PPA's.
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.
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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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