2016-09-14] Multi-application for SunRack Tripod Mountings
Sun Rack tripods mounting solution is very popular in solar market.As this unique mounting design can be multi-applied in various solar installation,for example: applied on concrete block,directly on ground floor,installed by ballast cement,also pitched rooftops. Here share with our new project installation in Mexico,triangular mounting installed on standing seam rooftop.SunRack SFS-FR-03 triangle racks installed with our standing seam roof clamps,it can be zera-penetration on roof sheet.
2016-09-04] Solar Ground Mounting Project in Africa Successfully Complete
On September 2,2016, a good news arrived at Sunforson Power company, the solar energy solar ground pole mounting system project in Africa successfully complete. This is not the first project finished in Africa , but the stability of the project in Africa give Sunforson Power more confidence to develop Africa market. To develop African markets overflows with challenge and chance, but we will pay more attention on the chance. Most developing countries in Africa, and most of the economy are based on agriculture, the electrification there develop slowly, power demand still most come from hydroelectric power become the main way. In some countries, such as Kenya, began to intensify investment in renewable energy, hoping to decrease and replace the consumption of non-renewable resources. Sunforson, as a new energy enterprise of solar power system solar mount brackets, will constantly develop the market in Africa area.
2016-09-25] Commercial operation of 100MW Mustang solar power project announced by Recurrent Energy
Canadian Solar has announced that its wholly owned subsidiary Recurrent Energy has reached commercial operation of the 100 MWac/134 MWp Mustang solar power project in Kings County, California. "The commercial operation of the Mustang solar project continues a historic year that will see Recurrent Energy complete more than one gigawatt of U.S. solar photovoltaic (PV) projects," said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar. In 2015, Recurrent Energy secured a tax equity investment commitment for the Mustang project from U.S. Bancorp Community Development Corporation (USBCDC). "High-quality solar projects like Mustang are an important strategic investment for U.S. Bank, which provide jobs to local communities, while delivering clean, reliable energy to the state of California," said Adam Altenhofen, Vice President of USBCDC. The renewable energy generated by the Mustang project will be sold under long-term power purchase agreements to Sonoma Clean Power and MCE. The project is expected to produce enough electricity to power approximately 45,000 homes. Construction of the 1,000 acre project created 450 peak construction jobs. Blattner Energy served as the provider of Engineering, Procurement, and Construction services.
2016-09-14] European energy M&A market likely to be hit by Brexit impact, EY warns
By Liam Stoker Until the UK’s energy policy and position in the EU energy market becomes clearer, investors could be put off acquiring utility-scale energy generation assets, particularly those in the UK. Credit: National Grid The European investment market for power generation assets is likely to be severely hit by the continuing impacts of the UK’s Brexit vote, ‘Big Four’ consultancy EY has warned. However clean energy assets backed by long-term power purchase agreements (PPAs) will remain of particular interest due to their ability to provide stable, long-term returns. The sentiments were raised in EY’s latest power transactions and trends report, updated for Q2 2016. Within it, the consultancy has warned that until the UK’s energy policy and position in the EU energy market becomes clearer, investors could be put off acquiring utility-scale energy generation assets, particularly those in the UK. Since the British public voted to leave the European Union on 23 June there has been substantial uncertainty over how the country will engage with continental Europe and the wider European energy market. The UK is linked to Europe through various interconnectors, and energy is traded with the continent through them. Various reports published prior to the vote discussed the possibility of tariffs being added to any imported energy, a practice which economics consultancy Oxera warned would add £140 million to household bills. EY also warned of the “mixed” regulatory support renewables had been afforded across Europe. While France and Italy have backed solar and other clean generators with fresh targets and support frameworks, Germany and the UK in particular had withdrawn support. The UK has tumbled down EY’s Renewable Energy Country Attractiveness Index (RECAI) in successive quarters and at the last update occupied 11th position. But while the outlook for renewable generators in general has been unfavourable, EY did however state that investors had been buoyed by the number of assets backed by long-term PPAs, which it said were able to provide stable, long-term returns. Appetite for securing PPAs with the UK’s operational solar farms has intensified in recent quarters with the wholesale energy price plummeting, driving interest from asset holders into reducing their exposure to such fluctuations. Asset owners such as Foresight and Bluefield have pursued PPAs after wholesale energy prices dented their net asset values in the last year.
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