GreentechLead http://www.greentechlead.com News on solar, wind, power, smart grid, renewable energy Sat, 24 Feb 2018 08:39:29 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.4 NTPC updates on new power projects http://www.greentechlead.com/power/ntpc-updates-new-power-projects-33874 http://www.greentechlead.com/power/ntpc-updates-new-power-projects-33874#respond Sat, 24 Feb 2018 08:39:29 +0000 http://www.greentechlead.com/?p=33874 NTPC plans to add 20,976 MW of additional power to its current installed capacity of 51,671 MW in the next seven years. The estimated investment will be around Rs 5 crore per mega watt (MW). Power projects with power generating capacity of 4,995 MW are under tender process. This is in addition to 20,976 MW […]

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NTPC plans to add 20,976 MW of additional power to its current installed capacity of 51,671 MW in the next seven years.

The estimated investment will be around Rs 5 crore per mega watt (MW).

Power projects with power generating capacity of 4,995 MW are under tender process. This is in addition to 20,976 MW power projects under construction.

“While 17,525 MW is operational in western region, followed by 14,453 MW in northern region, 11,080 MW in eastern region and 8,325 MW in southern region, 5,180 MW, 3,339 MW, 8,700 MW and 2,400 MW are under construction in the regions respectively,” NTPC Regional Executive Director (RED) RK Srivastava said.

As per the India Government policy, NTPC needs to phase out projects with more than 25 years in operation and less capacity gradually. NTPC will phase out Talcher Thermal Power Station (TTPS) and Badarpur Thermal Power Station (BTPS).

NTPC plans to set up 1,320 MW super critical in two phases at TTPS after the phasing out 460 MW in next five years.

TTPS general manager MK Singh said the work for the 1,320 MM project is expected to start in next few months if all statutory clearances are received from the State and Centre, New Indian Express reported.

NTPC plans to start commercial operation of its first 1,600 MW super thermal power project, which under construction with an estimated investment of Rs 12,500 crore at Darlipali in Sundergarh district next year.

Its first unit having a capacity of 800 MW is expected to be commissioned in March 2019. The second unit would be commissioned in September, six months after the commissioning of the first one.

While Odisha would get 50 per cent of the total power generated in the plant, the rest would be supplied to West Bengal, Bihar, Jharkhand and Sikkim.

NTPC generates 51,671 MW of power through its 20 coal based plants, 7 gas/liquid fuel based, one hydro project, 9 joint venture and 12 renewable energy based located at different parts in the country.

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PTI: Donald Trump names India, China to defend his policy on climate change http://www.greentechlead.com/climate/pti-donald-trump-names-india-china-defend-policy-climate-change-33872 http://www.greentechlead.com/climate/pti-donald-trump-names-india-china-defend-policy-climate-change-33872#respond Sat, 24 Feb 2018 05:52:12 +0000 http://www.greentechlead.com/?p=33872 US president Donald Trump suggests India and China are the main reasons for withdrawing the US from the Paris Agreement on climate change and renegotiate the deal. Read the full news on climate change

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US president Donald Trump suggests India and China are the main reasons for withdrawing the US from the Paris Agreement on climate change and renegotiate the deal. Read the full news on climate change

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ReneSola CFO Maggie Ma resigns; Cindy Chen takes over http://www.greentechlead.com/solar/renesola-cfo-maggie-ma-resigns-cindy-chen-takes-over-33870 http://www.greentechlead.com/solar/renesola-cfo-maggie-ma-resigns-cindy-chen-takes-over-33870#respond Fri, 23 Feb 2018 17:07:32 +0000 http://www.greentechlead.com/?p=33870 ReneSola announced that Maggie Ma will resign as chief financial officer effective February 28, 2018 to pursue other interests. Following Ma’s departure, Cindy Chen will be appointed to serve as Chief Financial Officer, effective March 1, 2018. The Company noted that Ma’s departure is not related to any issues or disagreements regarding the Company’s financial disclosures, accounting policies and practices. Chen brings […]

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ReneSola announced that Maggie Ma will resign as chief financial officer effective February 28, 2018 to pursue other interests.

Following Ma’s departure, Cindy Chen will be appointed to serve as Chief Financial Officer, effective March 1, 2018.

The Company noted that Ma’s departure is not related to any issues or disagreements regarding the Company’s financial disclosures, accounting policies and practices.

Chen brings to ReneSola more than 20 years of work experience. She has held various financial roles, and has extensive experience overseeing internal financial management and equity financing activities.

Chen’s most recent work experiences include Mofang Service Group where she served as Financial Controller and Redstar Macalline Group as Deputy General Manager of Group Finance Center. Prior to these roles, she worked at IBM China for over 8 years.

Xianshou Li, ReneSola’s chief executive officer, commented, “We are very pleased to have Cindy Chen join ReneSola in the capacity of CFO. Cindy’s solid experience in financial operations and internal control is a great fit for ReneSola as we work to drive the Company toward improving financial and operational performance.”

Mr. Li added, “We greatly appreciate the contributions Maggie Ma has made during her tenure at ReneSola. We respect her decision and wish her the very best in her future endeavors.”

editor@greentechlead.com

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Ameresco wins $7.5 mn contract from Albemarle County Public Schools http://www.greentechlead.com/news/ameresco-wins-7-5-mn-contract-from-albemarle-county-public-schools-33868 http://www.greentechlead.com/news/ameresco-wins-7-5-mn-contract-from-albemarle-county-public-schools-33868#respond Thu, 22 Feb 2018 16:56:50 +0000 http://www.greentechlead.com/?p=33868 Ameresco announced it has won a $7.5 million Guaranteed Energy Savings Performance Contract (GESPC) from Albemarle County Public Schools (ACPS) to upgrade infrastructure and improve energy efficiency. In addition to improving the learning environment for students, this project will improve the performance of the school buildings, lower operating costs and reduce their carbon footprint by 3,500 […]

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Ameresco announced it has won a $7.5 million Guaranteed Energy Savings Performance Contract (GESPC) from Albemarle County Public Schools (ACPS) to upgrade infrastructure and improve energy efficiency.

In addition to improving the learning environment for students, this project will improve the performance of the school buildings, lower operating costs and reduce their carbon footprint by 3,500 tons of carbon annually, according to school authorities.

The project is expected to save the school division more than $8.7 million over the 12-year term. It includes energy conservation measures (ECMs) designed to reduce overall energy consumption and emissions, and to optimize energy efficiency of the facilities, while improving the learning environment.

Interior and exterior lighting will be retrofit with energy efficient LED lighting technology and controls throughout the school division, optimizing light levels in individual classrooms and enhancing savings. The extended life of LED technologies will greatly reduce lighting maintenance.

The project also includes water reduction measures including low-flow efficient fixture retrofits at many school division facilities to help reduce water usage and save money.

editor@greentechlead.com

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India innovation to generate clean energy from solar thermal http://www.greentechlead.com/solar/india-innovation-generate-clean-energy-solar-thermal-33866 http://www.greentechlead.com/solar/india-innovation-generate-clean-energy-solar-thermal-33866#respond Thu, 22 Feb 2018 16:11:24 +0000 http://www.greentechlead.com/?p=33866 Scientists at Indian Institute of Science (IISc), Bangalore have developed a super critical carbon di oxide Brayton test loop facility that would help generate clean energy from future power plants including solar thermal. This is India’s first test-bed for waterless super critical carbon dioxide Brayton cycle test loop for power generation. The technology – developed […]

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Scientists at Indian Institute of Science (IISc), Bangalore have developed a super critical carbon di oxide Brayton test loop facility that would help generate clean energy from future power plants including solar thermal.

This is India’s first test-bed for waterless super critical carbon dioxide Brayton cycle test loop for power generation. The technology – developed by Prof. Pradip Dutta and Prof. Pramod Kumar of the Department of Chemical Engineering, IISc — is perhaps the first test loop coupled with solar heat source in the world.

This early stage research could potentially be useful for meeting the energy needs of the country. The power plants with closed cycle CO2 as the working fluid have the potential to replace steam based nuclear and thermal power plants, thus reducing the carbon foot print significantly.

“I am sure all these intense scientific efforts and collective endeavours would enable us to realise the vision of an affordable, efficient, compact, reliable Clean Energy systems which will be robust and suitable in diverse geographic conditions,” said Science & Technology Minister Harsh Vardhan.

This test loop is designed to generate the necessary data for future development of scaled up S-CO2  power plants, which would require overcoming several technological challenges –developing critical components such as the turbine, compressor and heat exchangers that can work at the desired pressure and temperature ranges and using materials that can withstand these conditions.

This innovation research could potentially be game changer for meeting the energy needs of the country in terms of higher efficiency and capacity at lower operating costs and size.

The minister announced plans to set up a research centre on Clean Coal Technologies at IISc. The Science & Technology Ministry has made an investment of Rs 500 crore in research endeavours at IISc during the last three years.

Today’s thermal power plants use steam to carry heat away from the source and turn a turbine to generate power. However, it could generate more power if, instead of steam, supercritical CO2 (SCO2) is used. The term “supercritical” describes the state of carbon dioxide above its critical temperature of 31°C and critical pressure of 73 atmospheres making it twice as dense as steam.

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Reliance bags Rs 3,647 crore EPC deal beating BHEL, L&T, Tata http://www.greentechlead.com/power/reliance-bags-rs-3647-crore-epc-deal-beating-bhel-lt-tata-33864 http://www.greentechlead.com/power/reliance-bags-rs-3647-crore-epc-deal-beating-bhel-lt-tata-33864#respond Thu, 22 Feb 2018 14:46:52 +0000 http://www.greentechlead.com/?p=33864 Reliance Infrastructure has bagged a Rs 3,647 crore EPC contract from Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for its Uppur Thermal power project. EPC players like BHEL, L&T, Tata Projects and BGR have also participated in the EPC tender. The EPC deal is for balance of plant (BoP) package and allied civil works for […]

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Reliance Infrastructure has bagged a Rs 3,647 crore EPC contract from Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for its Uppur Thermal power project.

EPC players like BHEL, L&T, Tata Projects and BGR have also participated in the EPC tender.

The EPC deal is for balance of plant (BoP) package and allied civil works for 2 x 800 MW supercritical coal-based Uppur Thermal Power Project at Ramanathapuram district in Tamil Nadu.

Reliance Infrastructure needs to commission the project in 36 months. The contract entails design, engineering, supply, erection, testing and commissioning of BoP package and allied civil works on EPC basis.

Reliance Infrastructure’s EPC order book now stands at over Rs 15,000 crore with this contract.

Reliance Infrastructure is targeting EPC opportunities worth Rs 2 lakh crore and increase the EPC order book to Rs 50,000 crore by FY19, PTI reported.

Arun Gupta, CEO, Reliance Infrastructure EPC, said: “This is a prestigious project for us and will add to our existing credentials of executing large, complex projects in record time and at competitive cost.”

Recently, Reliance Infrastructure secured multiple EPC orders in power sector including 2 x 250 MW lignite-based CFBC thermal power project from NLC India and Flue Gas Desulphurisation works of 3 x 500 MW power plant from NTPC.

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Reuters: How General Electric gambled on fossil fuel power, and lost http://www.greentechlead.com/power/reuters-general-electric-gambled-fossil-fuel-power-lost-33861 http://www.greentechlead.com/power/reuters-general-electric-gambled-fossil-fuel-power-lost-33861#respond Thu, 22 Feb 2018 13:08:55 +0000 http://www.greentechlead.com/?p=33861 General Electric (GE) tried to believe that natural gas, coal and even some nuclear power plants were the lowest-cost producers of electricity on the planet, cheaper than wind or solar. GE said gas is the most economical energy source. But GE Power’s profit fell 45 percent last year. CEO Jeff Immelt left GE in August. […]

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General Electric (GE) tried to believe that natural gas, coal and even some nuclear power plants were the lowest-cost producers of electricity on the planet, cheaper than wind or solar.

GE said gas is the most economical energy source. But GE Power’s profit fell 45 percent last year. CEO Jeff Immelt left GE in August. Read the full news on solar and wind sectors

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Wind energy market to make phenomenal gains from industrial applications http://www.greentechlead.com/wind/wind-energy-market-to-make-phenomenal-gains-from-industrial-applications-33858 http://www.greentechlead.com/wind/wind-energy-market-to-make-phenomenal-gains-from-industrial-applications-33858#respond Thu, 22 Feb 2018 07:36:02 +0000 http://www.greentechlead.com/?p=33858 The rapidly depleting fossil fuels have led to renewable sources emerging as the savior in global energy industry. Wind energy market, one of the most prominent and pivotal verticals of the energy cosmos, in consequence, is turning out to be a lucrative space for investors, given that the massive climate change crisis has further galvanized […]

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The rapidly depleting fossil fuels have led to renewable sources emerging as the savior in global energy industry. Wind energy market, one of the most prominent and pivotal verticals of the energy cosmos, in consequence, is turning out to be a lucrative space for investors, given that the massive climate change crisis has further galvanized the demand for clean and renewable energy.

The increasing awareness regarding global warming and the fast depletion of non-renewable energy sources have led to paradigm shift toward sustainability – a trend that has led to wind energy industry capturing substantial attention on a global scale. Say for instance, The Ministry of New and Renewable Energy of India passed a policy in 2016 that will repower wind power turbines with a capacity of 1 MW or below. In France, the target for renewable power capacity has been set at 70 GW by 2023, which includes 23 GW from onshore wind turbines. These instances testify the stand taken by regional governments toward developing and facilitating renewable power resource infrastructure, which indeed is a major impetus for wind energy market expansion.

Wind energy being a clean, cost-free, and pollution-free source of energy, is being rapidly exploited across the energy sector. Though the source of the energy is free, the turbine installation and energy conversion and commercial deployment demand quite some expense, on the grounds of which many governments have been offering tax incentives to wind energy market firms. It is noteworthy to know however, that lately, mass production and advancement in technologies is making wind turbines cheaper, further spurring the wind energy industry.

Subject to numerous onshore turbine installations pertaining to low carbon emissions and reduced costs, onshore wind energy market is predicted to register a CAGR of 13% over 2017-2024. Efforts undertaken by regulatory authorities, such as the Paris Agreement, further testify the vast expanse of onshore wind energy industry. However, complaints from locals about wind turbines causing visual disturbance and sound pollution has stimulated the offshore wind energy market in recent times. The reduction in installation costs, the presence of high and continual wind speeds, and minimal visual pollution has further encouraged the implementation of offshore wind turbines, thereby stimulating the overall wind energy market growth over 2017-2024.

Wind energy converted to mechanical energy is robustly deployed to generate electricity for pumping water, grinding grain, charging batteries, and much more. This massive end-use spectrum is one of the most pivotal factors driving global wind energy industry trends. It is also vital to state that electricity generated through wind energy is increasingly being used to power the residential, commercial and industrial sectors across the world, which has led to energy bills being lowered by 50% to 90%. A substantially large consumption of electricity in the industrial sector had previously put immense pressure on the world’s fossil fuel reserves. However, with the advent of wind energy, the industrial demand for power has been rapidly bifurcated, thereby impelling wind energy market share from the industrial sector. In fact, wind energy industry size from industrial applications is projected to exceed $25 billion by 2024, as per reliable estimates.

With rapid advancements in renewable energy technologies, it is rather inevitable for wind energy market to traverse a rather profitable growth map over 2017-2024. Aided by extensive government initiatives and the robust demand for energy, wind energy market size is projected to cross an annual installation of over 90 gigawatts by 2024, claims a report by Global Market Insights, Inc.

Source: https://www.gminsights.com/industry-analysis/wind-energy-market

Contributed by Global Market Insights

editor@greentechlead.com

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Global vertical axis wind turbine market is to grow at a CAGR of 14.98% http://www.greentechlead.com/wind/global-vertical-axis-wind-turbine-market-is-to-grow-at-a-cagr-of-14-98-33855 http://www.greentechlead.com/wind/global-vertical-axis-wind-turbine-market-is-to-grow-at-a-cagr-of-14-98-33855#respond Tue, 20 Feb 2018 17:00:58 +0000 http://www.greentechlead.com/?p=33855 Global vertical axis wind turbine market is expected to grow at a CAGR of 14.98% during the period 2018-2022, says a new research from ReportsnReports. Vertical axis wind turbines are types of wind turbines where the main rotor shaft runs vertically. They are not required to be pointed into the wind. These wind turbines have […]

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Global vertical axis wind turbine market is expected to grow at a CAGR of 14.98% during the period 2018-2022, says a new research from ReportsnReports.

Vertical axis wind turbines are types of wind turbines where the main rotor shaft runs vertically. They are not required to be pointed into the wind. These wind turbines have the capability to catch wind from all directions.

One of the major drivers for this market is the rising investment in renewable energy. A positive consequence of reduced carbon emissions is the growth in clean energy technology. The transition from fossil fuels and conventional sources of energy to renewable sources, such as wind and solar, is the key to achieving social, economic, and environmental development.

As per the IEA, in 2016, global investments in renewable energy were over $300 billion.

Key players in the global vertical axis wind turbine market: ArborWind, Envergate Energy, Oy Windside Production, Royall Power (a company of Ark Alloy), SAWT, and V-Air Wind Technologies.

The latest trend gaining momentum in the market is adoption of hybrid street lighting system. Street lighting is provided by local power utilities, and a considerable amount of money is being spent to light up streets and public places to ensure visibility during the night and keep pedestrians safe. This leads to increased energy bills for local municipalities that use off-grid systems. A standalone renewable system from a single source of renewable is insufficient due to the intermittent nature of the energy source.

One of the major factors hindering the growth of this market is competition from alternate sources of energy.Though the installation of wind energy systems cost lesser than solar PV systems, the competition in the emerging markets, such as Chile and Mexico are high. In addition, in windy places, such as Argentina, prices of solar PV are reducing sufficiently enough to compete with wind energy prices, the report said.

Rajani Baburajan

editor@greentechlead.com

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Harsh environmental conditions necessitate application of wind power coatings http://www.greentechlead.com/wind/harsh-environmental-conditions-necessitate-application-of-wind-power-coatings-33850 http://www.greentechlead.com/wind/harsh-environmental-conditions-necessitate-application-of-wind-power-coatings-33850#respond Tue, 20 Feb 2018 16:49:50 +0000 http://www.greentechlead.com/?p=33850 The global wind power coatings market has witnessed significant growth over the past few years. Expansion of product range, product developments, and expansion of application scope of wind power coatings are the vital factors behind the growth of this market. Across many parts of the world, public and private enterprises are undertaking meticulous efforts for […]

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The global wind power coatings market has witnessed significant growth over the past few years. Expansion of product range, product developments, and expansion of application scope of wind power coatings are the vital factors behind the growth of this market.

Across many parts of the world, public and private enterprises are undertaking meticulous efforts for the development of renewable energy, which includes wind power, solar energy, and hydropower. Among them, wind power draws maximum attention due to the abundance of strong winds in varied topographies on both land and water.

The demand for wind power coatings is predicted to rise at an impressive pace in the upcoming years due to the rapid adoption of wind and photovoltaic systems that deliver unparalleled output at economical operating and maintenance costs. Wind towers and wind blades that make key components in a wind power system are often subject to corrosion owing to their location amid severe conditions on land and on water. This can have an adverse effect on the efficiency of wind power equipment along with deterioration of strength, lifespan, reliability, and economic value of wind power systems. This necessitates the application of protective coatings on structure and components of wind power systems to safeguard from the harsh environment.

Lastly, declining levelized energy cost (LEC) of both onshore and offshore wind power and rising greenhouse gas emissions are leading to efforts for harnessing renewable energy. This, in turn, is likely to fuel the wind power coatings market.

wind-power-coatings-marketWhich segments are poised for growth in the near future?

The various segments of the wind power coatings market based on type are polymer coatings, ceramic coatings, and metal coatings. Of them, in 2016, polymer coatings held the maximum share in the market mainly because of ease of availability and exceptional cost to performance ratio. In the years ahead too, the demand for polymer coatings is likely to surpass other segments and account for leading revenue contribution to the overall market.

In terms of application, the segments into which the wind power coatings market is divided are onshore and offshore. The onshore segment currently dominates the wind power coatings market owing to widespread demand for protective coatings from onshore wind farms. However, the offshore segment is likely to emerge significant with the declining cost of offshore wind power systems and land crunch for onshore wind farms.

How are regional markets faring in terms of growth in the wind power coatings market?

The global wind power coatings market is examined across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific, among them, currently displays the leading demand for wind power coatings to account for maximum revenue contribution to the overall market. High investments in wind power in India along with large number of wind farms in China are key factors behind the growth of Asia Pacific wind power coatings market.

North America and Europe are significant regions for wind power coatings due to large-scale projects for harnessing wind energy that operate on wind power systems.

The Middle East and Africa is likely to emerge as a significant market for wind power coatings, thanks to the abundance of strong winds and increasing investments in renewable energy.

Research Report Reference: https://www.transparencymarketresearch.com/wind-power-coating-market.html

Hiren Samani|

Transparency Market Research

 

 

 

 

 

 

 

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