Largest subsidy-free solar farm in China begins commercial operation

first_imgLargest subsidy-free solar farm in China begins commercial operation FacebookTwitterLinkedInEmailPrint分享PV Magazine:China General Nuclear Power Group (CGN) has commissioned a 260 MW PV plant at a fishery in Dangtu county, in the Chinese province of Anhui.According to CGN, the plant was built by its CGN New Energy Holdings unit and is selling power through a private PPA at a price of $0.054 per kWh. The project covers a water surface of more than 400 hectares. According to its owner, construction began in mid-September and took only 98 days to complete.This week, Huawei revealed more details about the largest unsubsidized solar plant ever built in China to date. The company provided its string inverters for the facility. It said that the project was the first such installation to be approved by the National Development and Reform Commission (NDRC) in 2019.The plant uses an overhead large platform on which all equipment foundations are set and was deployed with 88,866 pipe piles. The developers had to face several challenges, including high requirements for fishery-solar integration and the need for piling and routing cables for water-based operations. Huawei added that O&M activities at the site will be particularly expensive and time-consuming, while noting how it also presents risks for a drop in module performance stemming from potential induced degradation (PID).China outlined its plan to spur the development of subsidy-free projects at the beginning of last year. In May, the Chinese government introduced its Mandatory Renewable Energy Consumption Mechanism, which from this year is imposing a mandatory requirement for the purchase of renewable energy on state, provincial and private grid operators, as well as electricity retailers, industrial entities with their own power generation facilities, and large electricity consumers involved in bilateral energy trading.[Emiliano Bellini]More: Chinese fishery hosting 260 MW of unsubsidized solarlast_img read more

Haiti Leader Calls For ‘Red Helmet’ UN Force

first_imgBy Dialogo April 02, 2010 Haitian President René Préval has given his backing to the creation of a UN “red helmet” humanitarian rapid reaction force which could swing into action within hours of natural disasters. In a speech before a donor’s conference at the UN headquarters on Wednesday to pledge help for his quake-hit nation, Préval argued there was a “need for creating a humanitarian intervention force under the auspices of the UN to coordinate response to disasters, which are bound to occur.” Along with the January 12 quake that left over 220,000 people dead, Préval said recent major natural disasters such as the December 2004 tsunami in the Indian Ocean and 2008’s Cyclone Nargis that struck Myanmar highlighted the need for rapid intervention to save the maximum numbers of lives. Préval was backed in his call by former French minister Nicole Guedj, who founded the “Red Helmet Foundation,” to lobby for the humanitarian force. UN chief Ban Ki-moon has called the goal “a good project that deserves study and reflection,” he added. Wednesday’s conference ended with some 50 international donors making 9.9-billion-dollars in pledges in a bid to help Haiti recover from the devastating earthquake.last_img read more

Sweden’s AP2 loses head of external equity to State Street think tank

first_imgA spokeswoman for AP2 confirmed that the buffer fund had filled the vacancy with an internal appointment but declined to name the replacement.The fund has more than SEK280bn (€30.5bn) in assets and employs external managers for global equity and credit strategies, emerging market sovereign debt and some of its alternative mandates – including its holdings in Chinese A shares.In 2014, it overhauled the way in which it manages its emerging market holdings, bringing a majority of the mandates in-house.CAR, which was established in 2011, conducts primary and secondary search projects spanning several years.It has partnerships with the Boston University Center for Finance, Law & Policy and Tufts University, which is home to the Fletcher Network for Sovereign Wealth and Global Capital.Read about how AP2 and other leading investors are lowering the carbon footprint of their portfolios The head of external equity managers at AP2 has departed the Swedish buffer fund for a US-based think tank.Mimmi Kheddache-Jendeby joined the Center for Applied Research (CAR), State Street’s think tank, earlier this month and will be vice-president and senior research strategist.  She graduated from the University of Gothenburg in 2003 with a masters in industrial and financial economics and was hired immediately by AP2, only leaving in early January.Kheddache-Jendeby spent several years at the fund as portfolio manager for external mandates and was most recently head of equity for external managers.last_img read more