World Solar PV Market To Hit 45 GW In 2014, Deutsche Bank Forecasts

See on Scoop.itGreen & Sustainable News

Deutsche Bank is the latest to upgrade its forecasts – for the second time in as many months – predicting that the 2014 global solar market could jump to 45 GW, after rising to 38-40 GW in 2013.

>Deutsche’s analysis is more bullish than an NPD Solarbuzz report last week that forecast solar PV demand for calendar 2013 to reach a record high of 35.1 GW, after a strong second half that would result in 20 GW being installed. In March, the research group predicted full year demand of just 31 GW.

NPD Solarbuzz analyst Michael Barker said the market was still in transition (from older markets such as Europe to newer ones in Asia), and would continue to rely on four key countries for the bulk of demand – Germany, China, Japan, and the US – which accounted for more than 60% of demand in the first half.

It said China and Japan alone would account for 45% of global demand in the second half, up from just 10% three years ago.<

 

China opens city-sized shopping mall, with fake sun

See on Scoop.itGreen & Sustainable News

If you don’t care about authenticity, the New Century Global Center has everything you could want, including an artificial Mediterranean village. Read this article by Tim Hornyak on CNET.

Duane Tilden‘s insight:

>The New Century Global Center building opened recently in Chengu, a city of more than 14 million people in southwest China’s Sichuan province. It’s described as “the world’s largest standalone structure” by Chinese officials and is 328 feet high, 1,640 feet long, and 1,312 feet wide.

While Boeing’s plant in Everett, Wash., is the world’s biggest building by volume, the Chinese mall seems to be tops in floor space. Almost the area of Monaco, its 420 acres of floor space could fit nearly three Pentagons, four Vatican Cities, or 20 Sydney Opera Houses.

The cavernous structure will feature a mix of retail outlets, a 14-screen movie theater, a university complex, offices, hotels, a water park called Paradise Island, a skating rink that’s big enough to host international competitions, a pirate ship, 15,000 parking spots, and even a fake Mediterranean village.<

See on news.cnet.com

Law Firms Plays Key Role In Green Deal

See on Scoop.itGreen & Sustainable News

The UK Top 100 firm [Ward Hadaway] has advised renewable energy company JFS & Associates on the latest in its series of joint ventures with farmers to install and build anaerobic digestion (AD) plants to generate green energy.

Duane Tilden‘s insight:

The plant being built at Howla Hay Farm will be capable of generating 250kWh of electricity enough to power 250 homes.

Matthew Flint, director at JFS & Associates, which is based in Stokesley, North Yorkshire, said: “It is great news to be able to announce the second in what we aim to be a whole series of these developments which provide a win-win for both parties in the joint venture.

“The farmer gets to share in the proceeds of the electricity generated opening up a new revenue stream as well as getting the benefit of the by-products of the process, such as heat and bio-fertiliser to further improve the profitability of their existing business.

“We get a readily available source of feedstock for the AD plants and, by using our expertise and experience in the renewable energy sector, we can generate and sell electricity to feed back into the National Grid.”

See on www.power-eng.com

IRENA: Fossil fuel subsidies cause everlasting expenses and pollution

See on Scoop.itGreen & Sustainable News

Abu Dhabi: Decreasing costs of renewable energy sources may convince the world governments to minimise subsidies on polluting fossil fuels, a senior official of International Renewable Energy Agency (Irena) said here on Sunday.

Duane Tilden‘s insight:

World governments were ignoring the fact that although renewable energy sources require big initial investments, their long-term operational and maintenance costs are minimal, he [Frank Wouters, Deputy Director General of Irena] pointed out.

Effective policies are more important than subsidies for countries to scale up renewable energy on a large scale, experts participating in the assembly also pointed out.

Anywhere in the world, investment in renewable power generation depends on stable regulatory frameworks, transparent planning processes and clear procedures for connection to the grid, said the participants at a workshop as part of the assembly.

See on gulfnews.com

Pioneering Global Atlas for Renewable Energy Goes Online

See on Scoop.itGreen Energy Technologies & Development

The world’s first open-access Global Atlas of renewable energy resources goes live today, announced at the annual general assembly of the International Renewable Energy Agency (IRENA).

Duane Tilden‘s insight:

–  “In the next 10 years we expect a huge rise in the investments in renewable energy. The Global Solar and Wind Atlas will help us make the right decisions,” says Martin Lidegaard, Danish Minister of Climate, Energy and Building, and President of the 3rd session of the IRENA Assembly.

–  Note to Editors

IRENA is mandated by 159 countries and the European Union to promote the sustainable use of all forms of renewable energy, and to serve as the global hub for renewable energy cooperation and information exchange. Formally established in 2011, IRENA is the first major international organization to be headquartered in the Middle East.

See on www.financialpost.com