Renesola Share Discussion Threads

[jonc] 20/10/2020 19:38

Not long until it's 20:20:20 2020 ...


There could be some sloshing.

[chinese investor] 19/10/2020 12:05

"Corvus corax" is an anagram of "COVID XVIIII" !

Not a coincidence !

[uppompeii] 19/10/2020 11:49

They tend to chafe a little.

[florenceorbis] 15/10/2020 08:38

In April 2020, Total (Paris:FP) (LSE:TTA) (NYSE:TOT) and AGEL, a renewable energy subsidiary of the Adani Group, formed a JV to which AGEL contributed a portfolio of 2.1 GW of solar power plants. As part of an option provided for in the initial contract for the formation of the JV, Total and AGEL agreed to extend this portfolio from 2.1 to 2.3 GW with the addition of new solar farms.



" With an ambitious target of 175 GW of installed capacity by 2022, India is a strong growth area for renewable energy. Since last year, the Group has strengthened its commitment in India with around 5 GW of solar projects in the country, in line with its ambition to become a world leader in renewable energies. We are very pleased to further expand our partnership with the Adani Group," said Patrick Pouyanné, Chairman and CEO of Total.



This transaction is in line with the Group's objective of double-digit return on equity for renewable projects.



Total, renewables and electricity



As part of its ambition to get to net zero by 2050, Total is building a portfolio of activities in electricity, renewable in particular, that could account for up to 40% of its sales by 2050. By the end of 2020, Total's gross power generation capacity worldwide will be around 12 gigawatts, including about 7 gigawatts of renewable energy. With the objective of reaching 35 GW of production capacity from renewable sources by 2025, Total will continue to expand its business to become one of the world leaders in renewable energies.



About Adani Green Energy Limited



Adani Green Energy Limited (AGEL), a part of the Adani Group, has 14 GW of operating, under-construction and awarded renewable power projects catering to investment-grade counterparties. AGEL has been ranked as the #1 global solar power generation asset owner by Mercom Capital. The company aims to achieve 25 GW of renewable power by 2025 and is committed to contribute to India's COP21 goals.



About Total



Total is a broad energy company that produces and markets fuels, natural gas and electricity. Our 100,000 employees are committed to better energy that is more affordable, more reliable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.

[maywillow] 13/10/2020 08:26

Total (Paris:FP) (LSE:TTA) (NYSE:TOT) and Google Cloud have pooled their expertise to jointly develop an innovative tool, Solar Mapper, which aims to accelerate the deployment of solar panels for individuals (B2C) by providing an accurate and rapid estimate of the solar energy potential of their homes, first in Europe and then worldwide.



Solar Mapper uses brand-new artificial intelligence algorithms that provide better results than current tools, especially by improving:

-- the quality of the data extracted from satellite images;

-- the sharpness of the estimation of the solar potential;

-- the relevance of the technology to be installed;

-- the global geographical coverage of the tool.


In the case of France, Solar Mapper provides more than 90% geographical coverage, allowing many more people to assess the solar potential of their homes, with greater accuracy than before.



" Solar Mapper will enable Total to faster deploy solar panels on the houses' roofs, in order to provide its customers with more affordable and more accessible solar energy," explains Marie-Noëlle Séméria, Total's Chief Technology Officer. " By combining Total's expertise in solar energy with Google Cloud's expertise in artificial intelligence and databases, we were able to develop an attractive and innovative offer together in just 6 months."



In addition, Total plans to develop a B2B application of Solar Mapper, dedicated to industrial and commercial buildings and installations.



Solar Mapper is contributing to the Group's ambition to become a world leader in the production of renewable energies, toward getting to net-zero emissions by 2050 together with society.



About Total Research & Development



Total is deploying an ambitious R&D programme, worth nearly $1 billion a year. Total R&D relies on a network of more than 4,300 employees in 18 research centres around the world, as well as on numerous partnerships with universities, start-ups and industrial companies. Its investments are mainly devoted to a low-carbon energy mix (40%) as well as to digital, safety and the environment, operational efficiency and new products. It files more than 200 patents every year.



About Total



Total is a broad energy company that produces and markets fuels, natural gas and electricity. Our 100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.



* * * * *

[solsticefire] 11/10/2020 18:54

Have you got your sprouts on?

[jonc] 10/10/2020 17:52

I reckon the egg should be hard boiled by now.

[shalder] 10/10/2020 17:46

And the Great Sloshing, unless that has already happened and we are now just bits of code in someone's software package?

[steve73] 10/10/2020 10:23

pvb...We've still got the pole shift to look forward to - and the meltdown of global economies (in progress)...

[pvb] 10/10/2020 10:13

Steve73 9 Oct '20 - 08:50 - 19349 of 19354

If anyone from the early days of this thread can remember the discussions about the possibility of the Earth "flipping on it's axis" then this short U-tube Video explains why it could happen...(but won't).

Spoilsport!

[uppompeii] 10/10/2020 10:10

Would have had time to read it after all.

[emigna2002] 09/10/2020 09:33

I knew solar panels were dangerous!

They reflect the suns rays thus causing global warming,

" I knew it, I knew it".

Eventually when the countryside is covered in panels, like the Day of the Triffids we will all one day be blinded by the glare or `Solar Flare as " the science" calls it.

[jonc] 09/10/2020 09:18

I might attempt a boiled egg though.

[jonc] 09/10/2020 09:17

It is too flipping long to watch.

[uppompeii] 09/10/2020 09:03

It's nearly 15 minutes long, have we got enough time left?

[steve73] 09/10/2020 08:50

If anyone from the early days of this thread can remember the discussions about the possibility of the Earth "flipping on it's axis" then this short U-tube Video explains why it could happen...(but won't).



The Bizarre Behavior of Rotating Bodies, Explained

[maywillow] 05/10/2020 11:06

Renewable Energy Supplier To Create 1,000 Jobs

By Dave Higgens - Oct 5, 2020

PM Boris Johnson welcomed the announcement from Octopus Energy.

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Sustainable power firm Octopus Energy has said it wants to make the UK the “Silicon Valley of energy” as it announced 1,000 new jobs across England.

Octopus’s announcement on Monday was welcomed by Prime Minister Boris Johnson who said it will create “exciting opportunities across the country for those who want to be at the cutting edge of the global green revolution”.

The plan includes a new technology, data science and artificial intelligence centre in Manchester, the firm said.

It said the new jobs will be at its sites in London, Brighton, Warwick and Leicester and will primarily go to science and engineering graduates.



The Prime Minister said: “These 1,000 jobs will provide exciting opportunities across the country for those who want to be at the cutting edge of the global green revolution.

“And it’s UK tech companies like Octopus who will ensure we continue to build back greener and remain a world leader in pioneering renewable energy, leading the path to net zero whilst creating thousands of skilled jobs.”

Chancellor Rishi Sunak said: “More green jobs is not only good news for British job seekers – it’s a vote of confidence in the UK economy as it recovers, and pivotal to our collective efforts to build a greener, cleaner planet.”

Octopus, which specialises in providing energy using renewable sources, was founded in 2016 and its domestic energy arm has 1.7 million customers.

In April, Octopus Energy Group became a UK tech unicorn, which means it was valued at over £1 billion, following an investment from leading Australian energy company Origin Energy.

The company said it plans to double its existing workforce by the end of 2021 and said the new Manchester-based technology centre will develop the “smart grid technologies required for a renewable system and the electrification of transport and heating”.

Chief executive Greg Jackson said: “When Apple created the App Store, nobody knew that it would change the way we order food or transport forever.

“Through ‘Kraken’, our cloud-based energy platform, we’re revolutionising the energy industry in the same way, creating jobs not just through increased demand for affordable renewables, but by facilitating the development of new and emerging industries like electric vehicles, electric heating and vertical farming.

“Our technology is making the UK the Silicon Valley of energy, and along with a flourishing market, can help make Britain the best place to invest in creating new clean electricity generation”

[adrian j boris] 04/10/2020 11:01

Governments of US, Israel and UAE agree to form joint energy strategy

PowerOil & GasPlant

By James Murray 02 Oct 2020

The nations will come together to cooperate in various sectors - including oil and gas, renewables and energy efficiency
Solar panels

The nations said they recognise that energy collaboration can be a “step toward to a more stable, integrated, and prosperous Middle East”

The US, Israel and UAE governments have agreed to form a joint energy strategy moving forwards.

The nations will come together to cooperate in various sectors – including oil and gas, renewables and energy efficiency – after the energy ministers of the three countries released a joint statement on the US Department of Energy’s website on 1 October.

The latest development follows the signing of a US-brokered peace agreement between Israel and the UAE at the White House last month.


Energy strategy aims to drive “innovation and prosperity” for US, Israel and UAE

The statement said the nations recognise that energy collaboration can be a “step toward to a more stable, integrated, and prosperous Middle East” and that the agreement supports the development of a “strategic vision for an energy partnership that drives innovation and prosperity”.

It added: “Israel, the UAE, and the US, acknowledging the benefits of focusing on pragmatic steps that have tangible outcomes, agree to encourage greater coordination in the energy sector, including renewable energy, energy efficiency, oil, natural gas resources and related technologies, and water desalination technologies.

“Together, our dynamic economies will look to leverage world-leading research and development capacities to meet the needs of current and future generations.”

The energy ministers said they will also “seek to find solutions to the energy challenges faced by the Palestinian people” through the “development of energy resources, technologies, and related infrastructure”;.

To maximize the “global benefits of cooperation”, the countries have committed to exploring collective activities in multilateral settings in coordination with financial institutions and the private sector to “enhance international investment in research and development and the rapid adoption of new energy technologies”.


UAE and Israel have ramped up their renewable energy ambitions

The UAE’s energy minister Suhail al-Mazrouei said last month that the country may collaborate with Israel on water desalination and solar power projects as it looks to reduce its reliance on fossil fuels.

On signing the peace agreement with Israel, it became the first member of the Gulf Cooperation Council – which includes Bahrain, Saudi Arabia, Kuwait, Oman and Qatar – to make such a deal.

As part of the UAE’s target to reach a 50% stake in clean energy by 2050, renewables are set to make up 44% of the target, alongside 38% natural gas, 12% clean coal, and 6% nuclear energy.

The nation has already ramped up its commitments to lower carbon energy sources this year, after a consortium led by Abu Dhabi National Energy Company (TAQA) and Clean energy company Masdar were handed the contact for the development of the 2-gigawatt (GW) Al Dhafra solar project, near Abu Dhabi city.

Elsewhere, the UAE became the first Gulf country to generate power from nuclear energy this year, through the first of four reactors that will come online at the Barakah plant, just off the coast of Qatar.

Israel, which currently relies heavily on gas and coal to generate power, has pledged $22bn across the next decade to expand its renewable energy capacity.

Energy Minister Yuval Steinitz said in June that the country is looking to increase its solar capacity to 16GW by 2030 – taking its share in the power mix up from 5% in 2019 to 30% over the next 10 years.

Steinitz added that the environmental significance of the solar additions will lead to a 93% fall in air pollution and a 50% reduction in greenhouse gas emissions per capita.

[the grumpy old men] 02/10/2020 11:30

October 2 (Renewables Now) - Lightsource BP, the solar power company backed by BP Plc (LON:BP), has closed a USD-285-million (EUR 243.4m) financing round for its 300-MW Bighorn Solar project in Colorado.

Construction at the site in Pueblo is already undergoing and is expected to take between 12 and 14 months, Lightsource BP said on Thursday. The photovoltaic (PV) complex is planned to go live by late 2021.

The developer has secured tax equity financing from Bank of America, as well as debt financing from a group of lenders including Sumitomo Mitsui Banking Corp (SMBC), Societe Generale and Export Development Canada (EDC). The remaining equity requirements will be covered by Lightsource BP.

The Bighorn solar farm will be powered by almost 750,000 Canadian Solar crystalline PV panels mounted on NEXTracker single-axis trackers. Its output will be purchased by utility Xcel Energy (NASDAQ:XEL), which is the electrical provider for the steel mill and will sell the electricity to EVRAZ Rocky Mountain Steel. The steel manufacturer will host the power plant at its property in Pueblo. Additional land for the development was provided by the City of Pueblo and private landowners.

McCarthy Building Companies has been picked as the engineering, procurement and construction (EPC) contractor for the project.

(USD 1.0 = EUR 0.854)

[la forge] 29/9/2020 15:44

Total solar deal ‘highlights importance’ of renewables integration for oil majors

Features & AnalysisOil & GasSolar

By James Murray 29 Sep 2020

The French oil firm plans to develop 3.3 gigawatts worth of solar capacity near Madrid, Spain, as part of its ambition to become the “responsible energy major”
Solar panels

Total is just one of several major petroleum companies that have scaled-up on renewables recently, as they look towards a future beyond fossil fuels (Credit: Wikimedia/US Air Force)

The latest solar power deal announced by Total highlights the importance of renewables integration for oil majors as part of their energy transitions, says an analyst.

The French oil firm plans to develop 3.3 gigawatts (GW) worth of solar capacity near Madrid, Spain, having signed an agreement with Spanish developer Ignis.

The Paris-headquartered company is just one of several major petroleum companies that have scaled-up on renewables recently, as they look towards a future beyond fossil fuels.

Will Scargill, managing oil and gas analyst at data and analytics firm GlobalData, said Total’s latest solar deal comes amid a “flurry of activity” by European majors to “further its ambitions on the energy transition”.

“Total is already a leader among the oil majors in terms of active renewables capacity, mostly through solar projects,” he added.

“Linking this new capacity to the power needs of its European operations means that the deal will support its net-zero 2050 target, as well as its target for 25GW gross renewables capacity by 2025.”


Total has ramped up its clean energy ambitions despite the coronavirus pandemic

As part of its ambition to become the “responsible energy major”, Total is building a portfolio of low-carbon electricity operations, with the objective of them accounting for 40% of its sales mix by 2050.

Despite fears for oil companies around prices and demand following the impact of the coronavirus pandemic, it has so far ramped up its commitment to clean energy this year.

Currently, Total’s gross low-carbon power generation capacity is close to 9GW, of which more than 5GW comes from renewable energy sources.

As part of its latest commitment, the first solar projects are scheduled to start in 2022, with the ambition of bringing them all into production by 2025.

It will bring the companies solar portfolio under development in Spain to more than 5GW by 2025, which will position the firm as a “major player in the country’s energy transition”, as it aims to generate 70% of its electricity from renewables by 2030 and then 100% by the middle of the century.


Solar power is one of the preferred technologies among oil majors

Scargill said solar power is one of the preferred technologies among oil majors looking to grow their renewables portfolios due to its “relatively low cost and short investment cycle”.

“This deal adds to Total’s portfolio of upcoming solar capacity, which makes up the majority of the company’s renewables pipeline,” he added.

“Similarly, solar is a strategic focus for BP – the other leading oil major in terms of renewables development – through its Lightsource BP joint venture.”

The analyst believes the integration of renewables capacity with traditional oil and gas operations will be a “critical tool” as companies target net zero by 2050.

“For Total, this move to power all of its European industrial sites through solar is a significant step, as the region represents almost 70% of its global refining capacity,” he added.

“More integration is likely across the oil and gas sector, whether through development of renewables capacity at facilities or through green power purchase agreements.”

[grupo guitarlumber] 28/9/2020 10:44

Atalaya Mining to build 50MW solar plant at Proyecto Riotinto in Spain

Oil & GasSolarPV

By NS Energy Staff Writer 28 Sep 2020

Proyecto Riotinto is located in an area with a natural abundance of sunlight which is conducive to solar power generation
alternative-21581_640

Atalaya Mining started the permitting process to develop a 50MW solar plant. (Credit: PublicDomainPictures from Pixabay)

Atalaya Mining announce that it has started the permitting process to develop a 50MW solar plant at its Proyecto Riotinto (the “Solar Project”). The full capacity of the Solar Project will be used for self-consumption.

Proyecto Riotinto is located in an area with a natural abundance of sunlight which is conducive to solar power generation. Technical studies carried out by a third party during the past months have indicated that, in addition to making a significant contribution to reduce carbon emissions, the Solar Project is economically viable and could potentially contribute to reducing Proyecto Riotinto’s operating costs.

The decision to pursue the Solar Project is in line with Atalaya’s ongoing commitment to environmental sustainability and to continue to have a positive impact on the people, environment and society surrounding the mine.

During the permitting period, the Company will evaluate the various financing options that are being proposed by industry players in Spain.

Subject to completing the permitting process and securing financing, construction is targeted to commence by mid-2021.

Alberto Lavandeira, CEO, commented:

“We are pleased to be committing to this solar initiative which will be one of the largest projects of renewable self-consumption in the industry. This is only a first step in achieving our long-term sustainability goals, but one that will have a positive and near term impact on Proyecto Riotinto.”

Source: Company Press Release

[the grumpy old men] 25/9/2020 08:36

Total SE has signed an agreement to develop 3.3 gigawatts of solar-power projects in Spain, the French energy company said Friday, in a deal that will increase the use of renewable energy at its industrial sites.

The agreement, with Spanish developer Ignis Energia, will bring Total's Spanish solar portfolio to more than 5GW by 2025. The first projects under the new agreement are scheduled to start in 2022, Total said, with all projects set to be in production by 2025.

The energy company said it aims to use the electricity generated by its Spanish solar projects to power all of its industrial sites in Europe by 2025. To this end, Total will buy close to 6 terawatt-hours per year from its solar projects in Spain through a power-purchase agreement. This PPA will be the largest corporate PPA in the world, Total said, and will allow the company to reduce Scope 2 greenhouse-gas emissions by almost 2 million metric tons per year.

"Our ambition, first and foremost, is to provide a clean, affordable electricity offering to our residential customers in Spain," said Total Chairman and Chief Executive Patrick Pouyanne. "Spain is a priority country for Total in Europe and we fully intend to leverage the market's growth opportunities that the country offers to respond concretely to the challenges of the energy transition towards carbon neutrality."



Write to Joshua Kirby at [e-mail]



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