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Wind Power, Media Review, 17th September 2014

UK Wind Farm

AfDB, OPIC team up for Africa's largest wind power project

Africa’s largest wind power project is a go. The African Development Bank and the U.S. Overseas Private Investment Corp. have signed a letter of intent to finance the 310-megawatt Lake Turkana Wind Power Project in northern Kenya. Investors hope the project will help address a power supply shortfall in the country, which experiences frequent outages and could save up to $150 million annually on imported electricity.

To read the full article : AfDB, OPIC team up for Africa's largest wind power project.
For market statistics : Kenya Renewable Facts.

Last Updated on Sunday, 14 September 2014 16:02

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Renewable Facts, Media Review, 14th September

solar power panel

Solar Panel Supply Glut Is Shrinking, Prompting Concerns Of Rising Prices And Supply Shortages

A glut of solar panels in recent years has forced manufacturers like SunPower Corp. to idle factories and cut hundreds of jobs. But now demand is catching up with supply, and SunPower is in an unusual position: It needs more panels. While individual companies need to ramp up production, analysts say an industrywide panel scarcity isn't likely: Worldwide, there's enough capacity to meet orders. But the narrowing gap between supply and demand is likely to raise panel prices, and that could hurt some developers and slow project developments. The industry is set to install as much as 52,000 megawatts of solar this year and 61,000 MW in 2015 -- more than seven times what developers installed five years ago.

To read the full article : Solar Panel Supply Glut Is Shrinking, Prompting Concerns Of Rising Prices And Supply Shortages.

Last Updated on Sunday, 14 September 2014 14:58

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Renewable Facts, Media Review, 7th September

renewable energy desert

Egypt begins reviewing bids for renewable energy projects

The government has begun reviewing offers submitted by private companies to carry out renewable energy projects in Egypt, said Minister of Electricity Mohamed Hamed Shaker. Shaker added that the four main criteria on which the offers will be judged are seriousness, technical capability, financial solvency and previous experience. The move comes as part of state efforts to attract fresh investments to a country under pressure by nearly four years of political turmoil. In recent weeks, the country has faced a severe energy shortage producing power outages of up to six hours in some Cairo neighbourhoods. The problem is mainly linked to depleting natural resources and poor maintenance of dilapidated power plants, experts say. In a press release issued on Monday following an Economic Group meeting, Minister of Investment Ashraf Salman said the draft investment law is still under review. The law aims at improving business activity in Egypt but has not yet been submitted to the cabinet for approval.

To read the full article : Egypt begins reviewing bids for renewable energy projects.
For market statistics : Egypt Renewable Facts.

Last Updated on Sunday, 07 September 2014 23:42

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Renewable Facts, Media Review, 1st September

Solar Power Africa

Botswana : Renewable energy policy to be in place by 2015

The Minister of Minerals, Energy and Water Resources Kitso Mokaila has revealed that Botswana is currently drafting an energy policy. The policy is expected to map out a successful way forward for Botswana’s renewable energy landscape. The Energy Policy will provide a policy framework to guide effectiveness and sustainability in energy planning, development and provision. The plan is also to develop a detailed renewable energy strategy. In order to successfully incorporate renewable energy into the main steam energy mix, the government has been working on initiatives to use natural resource to generate energy. Earlier, government embarked on several initiatives aimed at introducing renewable energy into the mainstream energy mix. Unfortunately, some weren’t successful enough to become long term sustainable solutions. Some such initives included the Botswana Renewable Energy Technology project, which was in operation during the 1980s, the Manyana PV Rural Electrification Programme, which started in 1992, as well as the National PV Rural Electrification Programme, which was implemented in 1997 with the aim of disseminating PV electrification throughout the country.

To read the full article : Botswana : Renewable energy policy to be in place by 2015.
For market statistics : Botswana Renewable Facts.

Last Updated on Monday, 01 September 2014 16:41

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Renewable Facts, Media Review, 16th August

Wind Power Farm

South Australia hits 43% wind mark

South Australia’s wind farms produced enough electricity to meet a record 43 per cent of the state’s power needs during July, according to new figures released by the Clean Energy Council today. The mark beats the state's 38 per cent recorded across August last year. Australia’s wind farms were working overtime in the cold conditions during July. South Australia comfortably powered ahead to set a new wind power record, helped by a bit of extra renewable grunt from the new Snowtown II wind farm. With more than 40 per cent of the state’s power demand provided by wind energy for the entire month, it is clear that large amounts of renewable energy can be added to the system without the need for extra backup generation to be built. The South Australian example shows that wind power can generate jobs and investment, as well as large amounts of renewable electricity. During a short period early in the morning of July 31, wind power met all of the state’s power needs, as well as providing more than 90 per cent for large parts of July 8. As well as the new record set in South Australia, wind power provided an average of about 7 per cent of Victoria’s electricity demand, and around 6 per cent across the National Electricity Market.

To read the full article : South Australia hits 43% wind mark.
For market statistics : Australia Renewable Facts.

Last Updated on Saturday, 16 August 2014 01:59

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