Wednesday, August 24, 2016

INDONESIA TO ADD 5GW SOLAR OVER NEXT 5 YEARS USING FIT'S


China solar comps in breach of EU solar rules.

Investors with $13T urging G-20 to price carbon.

China shutting down industry to clear skies for G-20 soiree.

Utilities in Belgium, Switzerland partnering with Sungevity, Ikea to market rooftop solar systems.

California Assembly passed bill to extend climate targets.

Legal challenge launched v. NY clean energy standard passed earlier this month.

China targeting 10x increase in EV sales over next 10 years to 3M/yr.

Brazil to let developers cancel contracts for First Solar (FSLR) projects.

Musk buying over 1/2 of Solar City (SCTY) bond offer.

Mali village getting el from solar for $50K investment.

ReneSola revs continue to fall.

Trina Solar shipped 1.66Gw in 2Q16. Up from 1.4Gw in 1Q, 1.2Gw in 2Q15. Net revs $962M 2Q16, gross profit $176M. (Around 60 cents/watt?!)

Turbines erected for Block Island project. (US' 1st offshore wind.)

Iberdrola (IBDRY) to build 2 wind farms on Canary Island.

New Tesla (TSLA) 100Kwh batt gives Model 3 315-mile range, quickest giddyup in production.

Canada research team improving high-volt lithium-ion batt performance with ethylene-carbonate-free electrolytes.

WM Motor (EV maker) got $1B funding. Former Volvo exec, Zhejiang Geely Group. 1st vehicles in '18, up to 100K/yr by '21.

Transportation sector now responsible for largest carbon emissions in US, 1st time in 40 years.

Green Plains (GPRE) buying 3 Abengoa ethanol plants in Nebraska. 236M gal/yr for $237M cash, working capital adjustments.

Russia sees oil under $50 until late '17. Goldman sees $45-50 through summer of '17.

Massive build in US crude inventories last week: API.

Pakistan $8.5M to monitor glacier ice melt.

Hundreds of thousands of dead fish washed up in NJ.

Zika outbreak in Tampa area.

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