Thursday, June 23, 2016

SOLAR COULD BE 13% OF GLOBAL POWERGEN BY '30: IRENA. 2% NOW.


Global solar power deployment to reach total 600Gw by '20.

India new plans for 10Gw of hybrid wind, solar power.

Power storage for clean power global market set to reach 45Gw/year by '25: Navigant.

150B Euros needed to upgrade EU's power storage, transmission.

Rhode Island voted for 40% clean/renewables powergen by '35.

Concerns over climate change growing in Australia: poll.

Colombian coffee growers devastated by El Nino.

Plan to shut down Cal's last nuke plant by '25 could cost $15B if replaced by solar power at current prices: Bloomberg. PG&E plans to replace plant with several clean power sources, power storage, el efficiency. $15B includes decommissioning nuke plant, removing nuke materials, restoring land. Doesn't include cost of new power lines, back up resources for wind/solar or tax creds for clean power.

Sunworks (SUNW) announced $24M in new orders. Backlog ~$50M end of May. Strong sales in June.

Solar Window (WNDW) raised over $4.3M for commercial development.

Scatec Solar needs finance for 123Mw LatAm solar development.

3 E Africa countries got $37M for geothermal power development.

Siemens committed to lowering cost of offshore wind to 8 Euro cents/Kwh by '25.

Nissan, Dongfeng to intro low-price EV in China in next few months.

EC was warned of VW diesel cheat 5 years ago.

Saud energy minister says global oil supply glut over. Saud exports down 100Kb/d in April v. March. (More production to be used for domestic needs during summer.)

Canada tar sands production coming back online after wildfire.

Iraq oil exports running 3.1Mb/d this month, down from 3.3M in April.

New oil/gas discovery offshore Angola.

Rosneft: not selling 19.5% of shares to China/India consortium.

2 Italian comps made deals to import Iran oil.

Global coal use down 1.8% in '15. Largest annual reduction on record going back 50 years: BP.

Lightning strikes killed 90 in India.

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