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Solar for Dummies

By Nick Hodge | Wednesday, June 22nd, 2011

The headlines say it all...

Total (NYSE: TOT) Pays $1.4 Billion for Stake in SunPower


Army/Marines Charge Critical Equipment With Solar Panels


Google Invests $280 Million in SolarCity


Solar Market Tops $70 Billion in 2010


In only a few years' time, the solar market has gone from “That stuff'll never work” to a billion-dollar acquisition target of the biggest oil companies in the world.

At the turn of the century the world only had 1.4 gigawatts (GWs) of installed solar capacity.

By the end of last year 40.7 GW had been installed – a growth of 2,752%.

Oil didn't do that. Coal didn't do that. Nuclear didn't do that.

Most of the growth has come from Europe – particularly Germany with 17 GW – which boasts over 75% of all installed solar worldwide.

Their head start can be attributed to attractive policies the U.S. failed to embrace. But falling prices, as you'll soon see, will mean the spread and mass adoption of solar in the next few years.

Reaching Scale

All technologies are more expensive in the beginning.

I paid $1,300 for a 42” flatscreen TV in 2006. You can get one today for $450.

Solar is the same way.

Panels cost $60 per watt in the mid 1970s. Today the price is down to $1.50 per watt.

Just like similar industries – circuit boards, for example – costs will continue to fall with volume. For every doubling of solar manufacturing capacity, costs fall about 20%.

In some markets solar is already cheaper than grid electricity. And as more and more solar is installed, the costs will only fall further.

We're at a point now where solar installations are growing at a compounded annual growth rate (CAGR) of about 65%.

Slightly more than 17 GWs were installed last year alone.

And as SunPower (NASDAQ: SPWRA) founder and chief technology officer Tom Dinwoodie (the man who just sold a majority stake of his company to Total for $1.4 billion) puts it:

That 17 gigawatts installed in 2010 is the equivalent of 17 nuclear power plants -- manufactured, shipped, and installed in one year. It can take decades just to install a nuclear plant. Think about that. I heard Bill Gates recently call solar "cute." Well, that's 17 gigawatts of "cute" adding up at an astonishing pace.

We'll still need nuclear baseload power to be sure. The point here is twofold.
1.
Solar is being installed on a nuclear scale but much faster.

2.
We've reached the point where increased installation rates and falling prices are feeding off each other.

Forecasts

Between now and 2020, solar installations will double almost three times. Check out how that looks graphically:

Germany will continue to dominate the market for the next few years, with the U.S. expected to come on strong in the second half of the decade.

China, Italy, Japan, Australia, Canada, and Spain are other countries to watch for coming installation growth.

But, at least as it stands right now, there's only one country to watch for when it comes to the actual production of solar equipment – not just the installation.

The Players

In the early oughts Germany was by far the solar production leader. But as always happens in the manufacturing industry, China was quick to enter and dominate the game.

Though Europe is still the installation leader, China owns a majority of the production – as much as 60% by some estimates.

And for the first time last year, half of the largest solar companies in the world were Chinese. Though the list may vary slightly depending on the source, here's the current list along with 2010 shipments:
1.
Suntech (NYSE: STP), 1,572 MW

2.
JA Solar (NASDAQ: JASO), 1,464 MW

3.
First Solar (NASDAQ: FSLR)

4.
Yingli Green Energy (NYSE: YGE), 1,062

5.
Trina Solar (NYSE: TSL), 1,057

6.
Motech (TAIWAN: 6244), 924 MW

7.
Q-Cell (XETRA: QCE), 907 MW

8.
Gintech (TAIWAN: 3514), 827 MW

9.
Sharp (Other OTC: SHCAY), 774 MW

10.
Canadian Solar (NASDAQ: CSIQ), 588 MW


I know I've thrown a lot at you today, but a thorough solar update was long overdue. And in addition to future editorial and our paid services, this should serve as a good base for anyone looking to start investing in solar.

For more information, I've just recorded a short white-board video about materials of the future. It covers new solar materials that'll be used in the next few years, as well as new types of battery and rare earth technologies.

We'll start posting videos like this once a week to help you better capitalize on the topics we cover in daily e-letters.

Call it like you see it,


Nick

P.S. One of the main things allowing the wider use of solar is advanced batteries. I told you last week how the Army and Marines were using solar energy and batteries to power crucial communication equipment. But soon, entire neighborhoods will use this perfect combination to eliminate the need for fossil fuels. More information on how that's being done – and how you can invest in the technology – can be found here.
Bijlage:
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SunBorne Energy to provide funds for Gujarat solar plant

BL reported that SunBorne Energy has tied up funds to the tune of INR 140 crore from domestic banks for its 15 MW solar photovoltaic plant in Gujarat. The total project cost is estimated in the range of INR 200 crore to INR 240 crore.

State Bank of Patiala, the lead bank, with three other banks, Export-Import Bank of India, Canara Bank and State Bank of Travancore, participated in the debt program. The debt advisory was led by SBI Capital Market Limited.

Mr James Abraham MD and CEO of SunBorne said that the support from Indian banks demonstrates their increasing confidence in the solar industry.

Mr Anil Nayar executive director and CFO of SunBorne said that Indian commercial banks are lending cautiously to projects in the solar sector because large scale projects are being commissioned for the first time in India, adding that banks are trying to better grasp the technology risk and understand execution capability of the developers.

Mr Nayar said that “While there is enormous potential to install solar power in India, bankability and financing has been a key concern for many project developers. With Indian banks coming forward to fund solar projects, the prospect for the second phase of National Solar Mission and other State projects only look brighter.”

This project is one of the early and larger projects in Gujarat. The company plans to commission it before December 31. The plant will provide 15 MW of photovoltaic power, producing enough electricity annually to power more than 10,000 households. The project shall also generate carbon credits under the CDM mechanism of UNFCCC.

(Sourced from BL)
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Schneider Electric wins INR 110 crore orders

Schneider Electric India has bagged orders worth INR 110 crore to supply turnkey solutions for three photovoltaic solar power plants in India. The three photovoltaic solar power plants have a combined capacity of 22.3 MW.

The company in a statement said that the orders comprise of two 5MW photovoltaic solar power plants and one 12.3 MW photovoltaic solar power plant. On completion by end of December this year, the plants will have annual generating capacity of up to 35 gigawatt hours of electricity.

Schneider Electric India will be responsible for the design, engineering, manufacturing, installation commissioning of the plants and will deliver turnkey electrical and control solutions.

Mr Olivier Blum Schneider Electric India president said that "We look forward to joining our strengths to accelerate the growth of our solutions to customers in industry."

Schneider Electric offers electrical balance of plant solutions to harness solar energy and efficiently convert it into reliable electricity, ready for transfer into the local grid.
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Solar Power can meet up to 7pct power requirement by 2021-22.

A study published by KPMG, a global consulting company has forecast that solar power can meet 5% to 7% of India’s total power requirements by 2021-22.

In a written reply to a question in Rajya Sabha today, Dr Farooq Abdullah minister of new and renewable energy said India has good potential for solar power as it receives solar energy equivalent to over 5,000 trillion kWh per year, which is far more than the total energy consumption of the country.

He said the daily average solar energy incident varies from 4 to 7 kWh per square meter of the surface area depending upon the location and time of the year. The minister added that the solar radiation is available at most locations in the country for about 300 days in a year.

Dr Farooq Abdullah informed that the total installed capacity of grid connected solar power plants as on date is 45.5 MW. He said the government has launched Jawaharlal Nehru National Solar Mission in January 2010, which aims to set up 20,000 MW grid solar power by 2022 in addition to 2,000 MW of off grid solar power. He said deployment of solar power is, thereafter, expected to increase rapidly due to declining prices of solar power, indigenization and technology improvements.
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www.bloomberg.com/news/2011-09-05/dar...

Abound Solar Inc., the photovoltaic- panel maker using technology favored by General Electric Co. (GE) and First Solar Inc. (FSLR) of the U.S., said bankruptcies that are culling higher-cost rivals will help cut module prices to $1 a watt.
“This is Darwinism at work in business,” Julian Hawkins, senior vice president of sales and marketing at the closely held U.S. manufacturer, said in a telephone interview. “It’s probably a good thing in the long run.”
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Idioterie! Weer een stuk know-how weg. Niet te geloven. Waar zijn wij hier in Nederland mee bezig vraag ik mij wel eens af?

Nuon sluit zonnecelfabriek

Gepubliceerd op 8 sep 2011 om 11:54 | Views: 1.161

AMSTERDAM (AFN) - Nuon is er niet in geslaagd een investeerder te vinden voor de verdere ontwikkeling van zonnecelfolie door dochterbedrijf Helianthos. Een proeffabriek in Arnhem die in 2009 werd geopend, zal worden gesloten. Daardoor verdwijnen ruim 60 arbeidsplaatsen. Dat maakte het energiebedrijf donderdag bekend.

Nuon kondigde vorig jaar aan dat het op zoek ging naar een partner die wilde investeren in grootschalige productie van de zonnecelfolie waaraan Helianthos werkt. Het bedrijf, onderdeel van het Zweedse Vattenfall, heeft 150 potentiële investeerders aangeschreven. Met tien daarvan kwam het tot serieuze gesprekken, maar zonder resultaat.

,,Het is bijzonder spijtig dat het ons niet gelukt is om met een partner het product voor een concurrerende prijs te introduceren'', zei topman Huib Morelisse van Nuon in een toelichting. Aan de techniek heeft het volgens hem niet gelegen want die is ,,bijzonder geavanceerd'' Helianthos werkt aan materiaal voor flexibele zonnepanelen die bijvoorbeeld op daken of gevels kunnen worden geplaatst.

Investeringsmogelijkheden

Nuon heeft zelf sinds 2006 ruim 85 miljoen euro in het product gestoken. Volgens een woordvoerster heeft de markt op het gebied van zonne-energie zich sindsdien sterk ontwikkeld waardoor het aanbod aan investeringsmogelijkheden veel groter is geworden. ,,Dat maakte het voor ons lastig.''

Ook de provincie Gelderland en de rijksoverheid hebben met subsidies bijgedragen aan het werk van Helianthos. Gelderland heeft vorig jaar al laten weten dat het de miljoenen die het in het bedrijf heeft gestoken, terug zal vorderen als de beloofde productiefaciliteit in de provincie er niet komt.
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ThyssenKrupp and Konarka to jointly develop steel roof with organic photovoltaics

ThyssenKrupp Steel Europe and Konarka Technologies are to work together to develop steel roof and facade elements with integrated organic photovoltaics. Konarka Technologies, a US company with a German branch in Nuremberg, is a technology leader in the area of organic photovoltaics, while the Color Construction unit of ThyssenKrupp Steel Europe is a leading supplier of steel construction elements.

Unlike conventional silicon-based photovoltaic systems, the joint solution to be developed in the coming years will not need to be mounted on a raised structure but will integrate smoothly into the building envelope. The development will be based on PowerPlastic®, a solar module from Konarka Technologies with a photo reactive polymer which when dissolved can be applied to various substrates. In addition to steel, suitable substrates include glass and other construction materials, as well as films and textiles.

The thin, light and flexible surface is applied to the substrate materials in a continuous process which is both cost-efficient and eco-friendly. Available in various colors, color combinations and sizes, the construction elements with organic photovoltaic cells will give planners and architects a great deal of design latitude. The technology also has other advantages.

Mr Alex Valenzuela, Konarka's VP for Business Development in Europe, said that "Our product is environment-friendly and 100% recyclable."

As organic solar cells make optimum use of the sun’s energy even with unfavorable incidence angles or in weak or diffuse light, they are ideal for use on facades, where photovoltaic systems have rarely been used in the past. ThyssenKrupp Steel Europe intends to harness this potential for steel facade elements with photovoltaic functionality. During the production of construction elements, steel strip is coil coated with films, paint or plastic coatings. These continuous coating lines could also be used to apply the organic photovoltaic surface.

Mr Alex Valenzuela added that "Organic photovoltaic technology can be ideally integrated into our production process. That would enable us to provide our customers with valuable additional benefits at low cost. In ThyssenKrupp Steel Europe, we have found a competent industrial partner who like us uses automated roll to roll processes to produce high quality steel construction elements. Our capabilities are the perfect match."
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ADB to provide USD 100 million loan for solar power project in Gujarat

The Asian Development Bank will extend USD 100 million (INR 475 crore) loan for solar power initiatives in Gujarat. The multilateral lender's board of directors has approved the financing of USD 100 million for Gujarat Solar Power Transmission Project.

In a statement, ADB said the funds would be used for a substation, transmission lines and other equipment to collect and distribute solar power generated by plants in the Charanka Solar Park in Gujarat's Patan district.

It noted that "The loan from ordinary capital resources will have a 25 year term, with a 5 year grace period. The Government of Gujarat will provide counterpart funds of nearly USD 37 million, for a total project cost of almost USD 137 million.”

Charanka Solar Park that is targeting over 500 MW power generation is one of the large scale solar energy parks that is being planned by Gujarat.

ADB Senior Climate Change Specialist Naoki Sakai said that "By putting in reliable power transmission facilities in the solar park, ADB will help draw in private sector developers, while providing a model which can be replicated to scale up solar power in a significant manner in India.”

The project would also provide vocational skills training for up to 300 people in target areas as well as energy-based livelihood programs for up to 100 poor women.

(Sourced from ET)
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Chinese dorpsbewoners bestormen vervuilende fabriek


Demonstranten klimmen over de muur bij de ingang van de fabriek. © reuters

Honderden dorpsbewoners in het oosten van China demonstreerden de afgelopen dagen tegen de vervuiling die wordt veroorzaakt door een zonnepanelenfabriek. De fabriek zou giftig afval in het water lozen, waardoor de vis doodgaat.
De opstand begon donderdag in de provincie Zhejiang. Zo'n vijfhonderd dorpsbewoners bestormden het fabrieksterrein van Zhejiang Jinko Solar Co. Ltd, waar de New Yorkse Jinko Holding eigenaar van is. Ze eisten uitleg over de vervuiling.

Sommigen van de woedende opstandelingen brachten vernielingen aan in kantoren en gooiden bedrijfsauto's omver. Afgelopen vrijdag werden er bij de protesten vier politieauto's vernield. Op bewakingscamera's is ook te zien dat ramen van de fabriek ingegooid zijn.

Het afval van de fabriek komt al sinds april niet door tests voor milieuvervuiling, maar ondanks waarschuwingen van de autoriteiten, is de situatie nog niet verbeterd. De opstand is de laatste in een reeks van grote protestacties in China uit milieu-overwegingen. De opstand wijst er op dat Chinezen zich steeds kraniger tegenover beslissingen van de regering verweren.
(AP/Redactie)

18/09/11 10u56

www.ad.nl/ad/nl/1013/Buitenland/artic...
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Solar plans for coal fired power stations

It is reported that scientists and engineers have drawn up plans to convert Port Augusta two coal fired powered stations to solar thermal plants.

Non government organization Beyond Zero Emissions will meet South Australia Energy Minister Mr Michael O'Brien this week to discuss the two stations potential for conversion to solar.

Mr Mark Ooges from the organization says most equipment and staff would be kept under the plan. He said that "In a sense a solar thermal power plant is exactly the same as a thermal coal plant, the only difference is to produce the heat you use mirrors to concentrate the sun's energy rather than burning coal."

Mr Ooges says converting the power stations from coal to gas would be too costly. He said that "As Australia starts exporting a whole lot of LNG and gas prices are going to be linked to global prices so if we link our electricity generation to gas prices then we'll start getting the same volatility and uncertainty at the power switch that we're already getting at the petrol pump."

Alinta Playford B station at Port Augusta is expected to close under any carbon tax scheme.

(Sourced from www.abc.net.au)
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ABB to build pilot solar power plants in South Africa

ABB, the leading power and automation technology group, will construct two solar photovoltaic power plants for Eskom, South Africa’s national electricity provider. The pilot plants, each of one hectare, will be located on Greenfield sites adjacent to the coal fired power stations at Lethabo, in the Free State province, and Kendal in the Mpumalanga province. They will be the first of their kind built in the country.

At the Kendal power station, ABB will provide a fixed tilt solar PV power plant with a station capacity of 620 kilowatts and production potential of 11,445,398 kilowatt hours per year. At the Lethabo site, the installation will comprise a single axis tracking solar PV power plant with a peaking capacity of 575 kW and a production potential of 12,491,479 kWh per year.

The PV plants will be designed to operate independently to produce electrical power for use by the existing power stations and will be capable of remote operation and monitoring. The fast track projects are scheduled to be completed by November 2011 prior to the Conference of Parties 17 event on climate change to be held in Durban later that month.

Mr Franz Josef Mengede, head of ABB's Power Generation business within the Power Systems division, said that "ABB technologies are playing a key role in facilitating the generation and grid integration of renewable energies. Solar power has an important role to play in our future energy mix and we are pleased to support Eskom in this pioneering effort."

ABB has an extensive offering of products, systems and service solutions for the solar sector and has successfully executed a significant number of turnkey PV projects around the world. The company also recently invested in Novatec Solar, a leading provider of Linear Fresnel Concentrated Solar Power technology, which uses flat mirrors to concentrate the sun’s energy onto a receiver to produce steam.
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SEC to launch first solar powered electricity plant in Saudi Arabia

The Saudi Gazette reported that the Kingdom's first solar powered electricity generating power station is set to be launched Saturday.

Officials said that the station, located on Farasan Island, in the Kingdom's Southern region, will be launched by the Saudi Electricity Company and is expected to have an annual production of 864,000 kilowatt hours.

Mr Abdul Salam AlYamani vice chairman of Public Affairs at Saudi Electricty Company the power source is financed by Showa Shell Sekiyu, a Japanese company that seeks to generate clean energy on the island.

Mr Al Yamani said that the firm has installed equipment at the plant. The plant will be linked to the main relay network in the area. Mr Ali Bin Saleh Al Barrak CEO and President of the SEC, Mr Khaled Bin Abdul Aziz Al Faleh president of Saudi Aramco and Mr Shigeru Endo the Japanese ambassador to the Kingdom are also scheduled to attend the event.

(Sourced from the Saudi Gazette)
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Chevron Launches World's Largest Solar Enhanced Oil Recovery Project

3 October 2011

COALINGA, Calif. -
Chevron Technology Ventures, a division of Chevron U.S.A. Inc. that identifies, evaluates and demonstrates emerging technologies, has launched a unique demonstration project to test the viability of using solar energy to produce oil.
The project uses over 7,600 mirrors to focus the sun's energy onto a solar boiler. The steam produced is injected into oil reservoirs to increase oil production. The project is the largest of its kind in the world.
"Through this demonstration, we want to determine the feasibility of using solar power for enhanced oil recovery," said Desmond King, president of Chevron Technology Ventures. "This technology has the potential to augment gas-powered steam generation and may provide an additional resource in areas of the world where natural gas is expensive or not readily available."
One of America's oldest oilfields, the Coalinga Field began operations in the 1890s. Because the heavy crude oil produced at the field does not flow readily, it is more difficult to extract than lighter grades of crude.
Chevron enhances oil production from the Coalinga Field by injecting steam to heat the crude, thereby reducing its viscosity and making it easier to produce. This steam is currently generated by burning natural gas. The solar-to-steam project will supplement the gas-fired steam generators and help determine the commercial viability of using heat from the sun instead of natural gas to generate steam.
Throughout the course of the day, more than 7,600 mirrors track the sun and reflect its rays to a receiver positioned on a solar tower. Using heat from the concentrated sunlight, the solar tower system produces steam that is distributed throughout the oil field and then injected underground for enhanced oil recovery. The solar demonstration generates about the same amount of steam as one gas-fired steam generator.
"Our region has a long history of pioneering innovative technologies," said Bruce Johnson, vice-president of Chevron's San Joaquin Valley business unit. "The work we are doing at Coalinga
continues that tradition, enabling us to examine a new technology that could have significant implications for heavy-oil production."
The solar-to-steam demonstration project is made up of 3,822 mirror systems, or heliostats, each consisting of two 10- by seven-foot mirrors mounted to a six-foot steel pole. There are 7,644 mirrors in total focused on a 327-foot-tall solar tower. The project covers 100 acres, with mirrors covering 65 acres and 35 acres devoted to support facilities.
Chevron contracted BrightSource Energy, Inc., as the technology provider and for engineering, procurement and construction. The project will be operated by Chevron Technology Ventures.
Chevron Technology Ventures (CTV), a division of Chevron U.S.A Inc., champions innovation, commercialization and integration of emerging technologies and related new business models within Chevron. CTV is pursuing this goal through business units involving biofuels, emerging energy and venture capital.


Business Information Group
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Hoogste webcam ter wereld geïnstalleerd

Bergbeklimmers op de Mount Everest.

In het Himalaya-gebergte is de hoogste webcam ter wereld geïnstalleerd. De camera zendt vanaf 5675 meter hoogte beelden door van de Mount Everest, zodat Italiaanse wetenschappers de gevolgen van klimaatverandering kunnen zien.
De camera, die werkt op zonne-energie, staat ruim een kilometer hoger dan die van het vorige record. Die bevindt zich op 4389 meter hoogte bij de berg Aconcagau in Argentinië.

De speciale webcam die de Everest in het oog houdt, ontwikkeld door de Duitse firma Mobotix, is bestand tegen 30 graden vorst. (ANP)


06/10/11 05u49

www.ad.nl/ad/nl/1015/Gezondheid-weten...

Met link naar de camera
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Waha, de Grieken hopen op een 200 miljoen Euro kostend solar project

Erg goed idee(als ze het zouden kunnen beheren)

www.tagesschau.de/wirtschaft/roeslerr...
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Héhé, meer van dit soort centrales por favor!!

Nieuwe zonne-energiecentrale kan 's nachts blijven draaien


De Gemasolar zonne-energiecentrale in Fuentes, Zuid Spanje. © afp

De Spaanse koning Juan Carlos I en sjeik Mohamed bin Zayed Al Nahyan, kroonprins van Abu Dhabi, hebben in de buurt van Sevilla de nieuwe zonne-energiecentrale Gemasolar officieel in gebruik genomen. Het speciale aan de centrale is dat ze de energie die door het zonlicht gegenereerd wordt gedurende 15 uur kan opslaan en dus dag en nacht kan werken.
De zonne-energiecentrale bestaat uit een 140 meter hoge toren die omringd is door 2.600 spiegels. De spiegels vangen de zonnestralen op en sturen het geconcentreerde zonlicht naar twee grote zouttanken op de toren. Een temperatuur van 900 graden Celsius doet het zout smelten en water koken waarvan de stoom dan weer turbines doet aandrijven.

De elementen beheersen
'De opgeslagen energie kan 15 uur lang elektriciteit opwekken zonder dat de zon schijnt. Zo kan de centrale gedurende de nacht blijven werken', zegt Enrique Sendagorta van energiebedrijf Torresol, dat de centrale bouwde. 'Hernieuwbare energie krijgt vaak af te rekenen met het feit dat de mens de elementen niet kan controleren. Als er geen wind is, kunnen windturbines bijvoorbeeld geen elektriciteit opwekken. Met deze centrale slagen we daar wel in.'

Warmste plek van Europa
Dat precies de streek rond Sevilla is gekozen voor de centrale is geen toeval. Er is plaats genoeg voor 2.600 spiegels, maar vooral: het is een van de warmste plekken van Europa. Er zijn maar weinig gelijksoortige centrales in de wereld. De zonne-energiecentrale van Torresol in Fuentes is overigens de enige in de wereld die 24 uur per dag kan draaien. Ondertussen zijn er plannen om in Zuid-Afrika een nog grotere centrale te bouwen.
(Redactie)

07/10/11 03u00

Zie link met foto:

www.ad.nl/ad/nl/5596/Planet-Watch/art...
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Saudi energy demand to double by 2028

Gulf News reported that Saudi Aramco has forecast that the kingdom's daily energy demand will reach an equivalent of 8.3 million barrels by 2028 more than double the 3.4 million barrels equivalent in 2009.

Currently of the 8.3 million barrels daily in oil production, more than three million barrels are consumed by the domestic market mainly to fuel national industries.

In the meantime, the National Industrial Clusters Development Program is promoting solar energy value chain products to support solar power plants, which are envisioned to be established across the kingdom as a component of the country's resolve to harness renewable energy to meet increasing electricity demand.

Mr Azzam Shalabi president of the National Industrial Clusters Development Program said that Saudi Arabia's industrial clusters program in solar energy products is introducing the polysilicon and photovoltaic technologies.

Mr Shalabi said that the program is currently developing three projects in the silicon route which would bring in 12 KTA of solar grade polysilicon and semiconductor grade polysilicon.

He said that the polysilicon projects will integrate other projects such as the production of ingot, wafer and cells, ensuring the production of modules upon the development of the local market.

He added that a number of local firms are now conducting feasibility studies on the production of solar photovoltaic thin films for local and export markets. The solar energy project encourages also the conversion of the kingdom's high quality silica sand for the production of solar grade glass for exports.

Saudi Arabia has now resolved to harness solar power and renewable energy to meet its increasing electricity demand and, thereby in the process, curb its dependence on crude oil.

According to the Electricity and Co Generation Regulatory Authority an initial investment of more than USD 100 billion will be needed to expand electricity power generating capacity and transmission grid, build renewable energy plants and set up nuclear power installations.

A third of the USD 100 billion is expected to fund the building of solar power plants and other renewable energy resources. The Saudi Electricity Company's current generation capacity is about 45,000 MW which is projected to increase to 75,000 MW by 2018 and to more than 120,000 MW by 2030.

Maaden said that the Saudi Arabian Mining Company had moved to a net profit in the Q3 of the year compared to the same period in 2010 due to higher world gold prices and an increase in sales. Net profits climbed to SAR 27.4 million compared to a net loss of SAR 200,000 in the corresponding 3 month period in 2010.

(Sourced from Gulf News)
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Met dank aan poster bertje007:

The largest solar power plant in Europe is officially up and running. Completion of work on the 50-megawatt (MW) Andasol 3 parabolic trough plant, combined with the existing and essentially identical Andasol 1 and 2 plants, creates a 150-MW behemoth in Andalusia, Spain – one of only a few locations in Europe well suited to solar thermal generation.

Solar Millennium, one of the German partners in the project, said Andasol 3 is now running in test mode, and COMMERCIAL OPERATIONS WILL BEGIN IN THE NEXT FEW WEEKS. Once fully operational, Andasol 3 is expected to generate approximately 165 million kilowatt-hours (kWh) of electricity per year, and save about 150,000 tons of CO2 emissions.
Andasol 3

Construction on Andasol 3 began in mid-2008, and was completed this summer. At peak times, the project employed nearly 600 people. Ongoing operation and maintenance of the facility will create about 50 permanent jobs. The power plant consists of approximately 205,000 parabolic reflectors, or giant mirrors, that concentrate the heat generated by the sun into a heat transfer fluid. The thermal energy is then transmitted through a steam circuit to drive a turbine, producing electricity. A thermal storage tank holding 30,000 tons of a special blend of salts can store heat for eight hours, allowing Andasol 3 to continue to generate electricity at night.

The project was made possible by a collaboration between German companies Stadtwerke München, RWE Innogy, RheinEnergie, Ferrostaal, and Solar Millennium.

“Andasol 3 proves that converting Europe’s electricity production methods can be achieved far more efficiently if we take an international approach, rather than pursuing national concepts,” said Hans Bünting, chief financial officer of RWE Innogy. “I see this power plant as a role model for the rest of Europe; it may even generate the impetus needed for the development of a European market with common regulations for renewable energy sources.”

www.ferrostaal.com/business/referenze...

www.earthtechling.com/2011/10/andasol...

www.iex.nl/Forum/Topic/1269280/1/Sola...
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‘Shell houdt investering zonne-energie stil’

Laatste update: 22 oktober 2011 15:05 info.

AMSTERDAM – Olie- en gasconcern Shell heeft via Showa Shell geïnvesteerd in een nieuw type zonnepaneel. Dat terwijl Shell eerder nog liet weten voorlopig niet meer te zullen investeren in wind- en zonne-energie.

Foto: Thinkstock

Dat schrijft NRC Handelsblad zaterdag. De krant baseert zich op berichtgeving van Solar Frontier. Dat Japanse bedrijf maakte bekend een miljard dollar (725 miljoen euro) te steken in een fabriek voor de productie van een nieuw type zonnepaneel.

Solar Frontier is een dochterbedrijf van het beursgenoteerde Showa Shell, dat voor 35 procent in handen is van Shell. Omgerekend heeft Shell dus 350 miljoen dollar in de zonnepanelen gestopt, zonder daar publiciteit aan te wijden.

Een woordvoerder laat weten dat Shell ‘gewoon haar deel op zich neemt van de investeringsbeslissingen van Showa Shell’.

Nederland
De fabriek in Japan is de grootste ter wereld in zijn soort, schrijft het NRC. De zonnepanelen zijn gebaseerd op dunne-filmtechnologie en worden intussen in grote hoeveelheden geleverd aan India, Duitsland, Afrika, Italië en de VS.

Sinds vorige maand zijn de panelen ook verkrijgbaar in Nederland, bij SolarClarity in Weesp.

www.nu.nl/economie/2648135/shell-houd...
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Krijgen alle Solars eindelijk de credits die ze verdienen?
Nu 6 jaar later, is de wereld er wel klaar voor?
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