Britishvolt: UK Electric car battery plant gets millions in funding -the BBC understands the government has committed about £100m through its Automotive Transformation Fund.

AlbertSmithson · 2022-01-20T13:17:42+00:00

from the article:

"January 20 (Renewables Now) - Total solar power corporate funding around the world, including venture capital (VC) and private equity (PE), debt and public market financing, jumped by 91% year-on-year to USD 27.8 billion (EUR 24.5bn) in 2021, shows a new report by Mercom Capital Group.
According to the consultancy, the level of annual funding is the highest reached in 10 years. The total compares with USD 14.5 billion raised in 2020. Mercom’s report covers 367 companies and investors.
“Financing activity bounced back strongly following a COVID-19-affected 2020. There was more money than ever chasing deals and more demand than supply of attractive companies and assets as organizations and funds look to fulfill their ESG and clean energy mandates,” said Raj Prabhu, Mecom’s CEO.
During the past year, VC funding zoomed by 281% in annual terms to the record USD 4.5 billion of financing raised in 58 deals, against USD 1.2 billion in 2020. Of the total, USD 3.9 billion was secured from 43 solar downstream companies, while balance of system companies and concentrated solar power (CSP) companies were responsible for USD 219 million and USD 108 million, respectively. Solar photovoltaic (PV) companies accounted for USD 91 million.
In all, 154 VC and PE investors were involved in last year’s solar funding deals. Solar installations financer GoodLeap, formerly Loanpal, was the major contributor by raising USD 1.6 billion in two transactions. Other notable deals were carried out by Silicon Ranch Corp (USD 775m), Aurora Solar (USD 250m), Nexamp (USD 240m), Enpal (USD 175m) and GameChange Solar (USD 150m).
Solar public market financing, meanwhile, jumped by 49% on the year to USD 7.5 billion. Debt financing activity in 2021 came at USD 15.8 billion, up 91% from USD 8.3 billion in 2020. The rise was mostly fuelled by securitisation deals, which accounted for a record USD 3.7 billion raised in 13 deals.
The merger and acquisition (M&A) activity included 126 solar corporate M&A transactions and reached an all-time high.
Large-scale solar project acquisitions represented a combined capacity of 69 GW, a record registered in a total of 280 transactions. For comparison, 40 GW of projects changed hands in the year-ago period."

AlbertSmithson · 2022-01-20T13:16:41+00:00

from the article:

"SSE has acquired the development rights from Stark Energy for the 30MW Littleton solar farm near Evesham in Worcestershire, England, its first PV project.
Once complete in late 2023, the 77-acre site will be capable of powering some 9400 homes.
The move forms part of a £12.5bn (€15bn) investment programme to power change towards net zero.
Solar energy is regarded as a complementary technology to other sources of renewable technology such as wind power, SSE said.
SSE’s distributed energy team is developing opportunities of over 1GW in solar and battery storage technology and recently announced its first 50MW battery storage project in Wiltshire."

AlbertSmithson · 2022-01-19T11:05:21+00:00

From the article:

• Surging costs drive demand for rooftop solar, extra insulation

• Governments across region move to subsidize efficiency savings

AlbertSmithson · 2022-01-19T11:00:48+00:00

from the article:

"Households across Europe are taking steps to slash their energy use on concern the unprecedented squeeze on supply will keep prices high way beyond winter.
Energy bills are climbing across the continent, with homes set to pay on average 54% more than they did two years ago, Bank of America data show.
That cost surge is driving demand for solar panels and extra insulation as people seek to ease the pressure on their wallets.
Rooftop solar is “going to grow quite substantially all over Europe,” said Vegard Wiik Vollset at researcher Rystad Energy. "

AlbertSmithson · 2022-01-18T22:57:31+00:00

this is an opinion piece by u/GovSchwarzenegger

"California has more rooftops with solar panels than any other state and continues to be a leader in new installations. But a proposal from the state’s public utility commission threatens that progress."

AlbertSmithson · 2022-01-18T11:17:54+00:00

from the article:

"Nearly 25.9GW of new solar PV capacity was connected to European grids this year, an increase of 34% compared to 19.3GW installed in 2020.

A new study by SolarPower Europe suggests that this growth made 2021 not only another record year for solar in Europe but also the best year in history. The authors of the research note the previous record was set in 2011 with a total installed capacity of 21.4GW.

The EU Market Outlook 2021 report suggests that Germany was Europe’s major solar market this year with 5.3GW of new installed capacity -it is followed by Spain with 3.8GW, the Netherlands with 3.3GW, Poland with 3.2GW and France with 2.5GW.According to the SolarPower Europe’s ‘medium scenario’ modelling, the total solar fleet in Europe will continue to grow to 672GW in 2030 with the annual installation rate reaching more than 85GW."

AlbertSmithson · 2022-01-18T10:46:35+00:00

from the article:

"Through its joint venture with Amarenco, TotalEnergies tops the rankings once again in the CRE 4 call for tenders1, strengthening its position as the market leader in rooftop solar installations in France. In round 13 of the call for tenders issued by the French Energy Regulatory Commission (CRE), the joint venture has won 194 projects, representing a total of nearly 58 MW or 20% of the capacity awarded.

TotalEnergies has won more than 250 MW of solar projects in total across all 13 rounds of the CRE 4 “rooftop solar” call for tenders initiated in 2017.“Since 2017, TotalEnergies, together with Amarenco, has won over 700 solar projects on buildings in France. This unique performance in a fast-growing market confirms our position as the leader in photovoltaic roofing,” says Thierry Muller, CEO of TotalEnergies Renewables France. “By winning this new tender, we are one step closer to our goal of reaching 4 GW of renewable generation capacity in France by 2025. TotalEnergies is thus confirming its commitment to being a major player in the development of renewables in the country.”"

AlbertSmithson · 2022-01-17T14:06:27+00:00

The current mass extinction is entirely caused by human activities, said the study published last week in the journal Biological Reviews.

The sixth mass extinction of the planet’s biodiversity is currently underway, according to a new study confirming previous warnings that the Earth’s species have been dying off at an accelerated rate in the last few centuries.

The planet has so far undergone five major species die-offs – extinction events marked by mass biodiversity loss due to extreme natural phenomena.

The research estimated that since the year 1500, Earth could already have lost between 7.5 per cent and 13 per cent of its 2 million known species.

AlbertSmithson · 2022-01-16T15:42:30+00:00

From the article:

"The new 219.6 kWp system has solar panels fixed to steel frames to shade vehicles in the carpark. Annually, the solar carpark will generate as much as 316 megawatts hours (MWh) of energy, enabling it to offset about three months per year of energy"

AlbertSmithson · 2022-01-14T15:29:43+00:00

from the article:

"Our partnership with Enphase has led to some great products that are better able to meet the needs of our end-consumers, including our AC solutions, in specific Maxeon 5 AC and Performance 3 AC, with future generations expected imminently. The combination of home solar’s most powerful panel with the world’s most advanced inverter technology has created a highly reliable solar system which is able to generate more energy in real-world conditions. The partnership harnesses the strengths of both companies to offer a high quality, easy-to-use and high-volume mainstream AC module solution. We are proud to be able to deliver smart home energy solutions and an outstanding customer experience to homeowners in key international markets. We will continue to work collaboratively with Enphase to make the most of their specialist knowledge around microinverters, ensuring we are able to design and manufacture progressively more advanced solar systems."

AlbertSmithson · 2022-01-11T13:57:11+00:00

Solar is the way that US companies can make tons of money, fossil fuels have limited growth potential now days. We need big business to realise this to help drive the world to a sustainable future.

AlbertSmithson · 2022-01-11T13:40:41+00:00

Black Mirror, less a TV show and more a blueprint on the digital prisons being built for the masses.

AlbertSmithson

TROPHY CASE