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French SHIP investor partners with technology suppliers

Submitted by Baerbel Epp on September 19, 2018
Photo: FotoliaKyotherm is making plans to fund its first-ever installation for solar process heat, a system of about 15,000 m² of collector area, or 12 MWth, to supply a malting plant in France with thermal energy. The company is a third-party equity investor focused on financing renewable heat installations and helping commercial clients in the implementation of heat purchase agreements. So far, it has been involved in 17 projects, which dealt with waste heat recovery at a steel factory, geothermal heat at a leisure park near Paris and biomass heat from boilers installed in the UK. 
Photo: Fotolia

Carefree heat supply package plus green marketing

Submitted by Baerbel Epp on September 18, 2018
Photo: SWANewly founded SWA Solar Wärme Austria is offering solar heat supply to hotels, sports centres, car washes and manufacturing companies. Clients pay individually agreed-on rates, which are up to 20 % lower than current prices and are guaranteed for 20 years. SWA provides a “carefree heat supply package”, with the company financing, installing, operating and monitoring a solar thermal system. According to Managing Director Birgit Rutter, SWA’s first system with 77.5 m² of collector area had come online at a golf club in Klagenfurt-Seltenheim, Austria, a few days ago (see photo). Computer simulations had shown an annual solar yield of 48,000 kWh.
Photo: SWA

India: “Gained the trust of our customers”

Submitted by Baerbel Epp on November 27, 2017
Bhoovarhan ThirumalaBecause of a strong order pipeline, the future is looking bright for one Indian solar thermal turnkey supplier: Bhoovarahan Thirumalai, CEO of Aspiration Energy, expects to realise solar heat for industrial processes (SHIP) projects at a total capacity of 20 MW in the next one-and-a-half years – all of them as a solar heat supplier. This would be a significant increase compared to the 2.5 MW of solar thermal capacity that the company set up over the course of 20 installations in the last 7 years. One key success factor is the business model of Aspiration Energy. As an Energy Service Company, it owns and operates the SHIP plant and the industrial client pays based on what it saves.
Photo: Aspiration Energy
 

World Bank Supports Solar Concentrating Solutions for Industry

Submitted by Baerbel Epp on October 23, 2017
Poll ResultsOn 18 October 2017, speakers from three continents joined a webinar initiated by the World Bank and the Clean Technology Fund and hosted by Spanish-based consultancy ATA Insights to talk about opportunities for concentrating solar thermal in industry. Martin Haagen from Industrial Solar, a German-based Fresnel collector manufacturer, analysed solar heat in industry at the macro-level. Rodrigo Mancilla, Executive Director of the Chilean Economic Development Agency, CORFO, gave his thoughts on solar heat in mining, and Eyas Al-Zadjali, Project Development Manager at Glasspoint based in Oman, spoke about the ongoing construction work for Miraah, a plant to generate solar steam for enhanced oil recovery. Additionally, opinion polls during the event asked, for example, what the around 270 participants thought was the best public support mechanism to kick-start concentrating solar thermal deployment (see the screenshot above).
 

French Independent Heat Supplier: “Optimise and de-risk all contracts”

Submitted by Baerbel Epp on August 17, 2017
French-based NewHeat is a rapidly growing start-up. About two years after it was founded in December 2015, management has raised almost EUR 1.8 million from private investors to finance the first solar heat delivery projects and strengthen its global sales force. NewHeat, headquartered in Bordeaux, France, calls itself an independent integrated solar heat producer aiming at end customers in district heating and industry. The company is also an industry member of Task 55 of the IEA Solar Heating and Cooling programme, Towards the Integration of Large SHC Systems into DHC Networks. CEO Hugues Defréville (left photo) and CTO Pierre Delmas not only established the start-up two years ago, but have knowledge and skills that complement each other to advance the business.
Photos: NewHeat

Austria: How to De-Risk Renewable Investments in Industry

Submitted by Baerbel Epp on August 9, 2017
Results World Map SurveyTwo-thirds of the 71 companies listed on the World Map of Solar Process Heat Specialists 2017 agreed that achieving bankability for solar process heat projects required huge efforts to be made. They said that key barriers to implementation were a lack of technical expertise in risk assessment at financial institutions and the relatively small investment amounts in individual projects. To rectify this situation, EU project TrustEE is aiming to combine several of industry’s energy efficiency and renewable energy (EE+RE) investment projects into one package to be offered to pension funds and assurance companies. Important financial terms can be found in the glossary at the bottom of this article.
Source: solrico
 

China: Vicot Solar Systems Provide Heat at Siemens and Procter & Gamble Facilities

Submitted by Baerbel Epp on March 6, 2017
THVP SiemensWith Procter & Gamble and Siemens subsidiary Trench, Vicot Solar Technology has two prominent references in China to showcase the successful integration of solar heat into industrial processes. The plant at Trench High Voltage Products (THVP) in Shenyang (see photo) came online in November 2014 and has since been operated by THVP itself. Backed up by an oil heating unit, the system’s parabolic trough collectors with 3,255 m² of aperture area provide heat at 150 °C for processes in the electronics factory and supply the heating systems of the 33,000 m² office and the production facilities in winter.
Photo: Vicot
 

South Africa: Online Qualified Energy Service Company Register

Submitted by Baerbel Epp on January 25, 2017
LogosThe South African National Energy Development Institute (SANEDI) in collaboration with the Department of Energy and the South African-German Energy Programme (SAGEN) implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) is building up an online register of Energy Service Companies (ESCO register). Since the register portal’s launch in November 2016, about 40 ESCOS have registered, which are currently reviewed. The aim is that the register assists the public and private sector in identifying, designing, developing, financing and implementing co-generation or energy efficiency and demand side management projects in buildings, for street lighting or the water infrastructure. 
 

ESCO Project Funding: Search for Attractive Case Studies to Fill Project Pipeline

Submitted by Baerbel Epp on July 5, 2016
Energy Contracting FundSolar heating and cooling has not been bankable yet despite various systems confirming expected performance and O&M costs. Project budgets are usually too small and the technology suppliers do not pass the stringent requirements of creditworthiness, which leaves the financial provider with a high-risk scenario. Accordingly, Energy Service Companies (ESCOs) have faced severe financing issues, which slow down the expansion of their business. It is good news to them that two recently launched projects also focus on facilitating the creation of an investment fund for solar thermal ESCO projects: First, there is the Feasibility Study - Energy Contracting Fund, which is jointly coordinated by the German Investment and Development Corporation Bank (DEG) and German SHC turnkey provider Industrial Solar; the second project, TrustEE – enhancing investment conditions for industrial energy efficiency and renewable energy projects, is from the EU and has been coordinated by Austrian institute AEE INTEC.
 

Austria: Award-Winning Energy Service Company Publishes ESCO Model Fact Sheets

Submitted by Baerbel Epp on May 26, 2016
Contracting AwardEnergy Service Companies (ESCO) have become pioneers in the development of financing and operating models for various energy sector customers. Every two years, the so-called Contracting Award highlights exemplary ESCO projects in Germany (“Contracting” is the German word for Energy Service Contracts). For the first time since the launch of the awards in 1997, the jury members from the magazine Energy & Management and the German Heat & Power Association, AGFW, presented one of these awards to a solar thermal ESCO. On 16 April, Christian Holter (third from left), Managing Director of Austrian turnkey system supplier S.O.L.I.D., was presented with the second prize for its solar energy supply contract with a district heating company in the Austrian city of Graz. The company published Tech Sheets and Fact Sheets about ESCO models as part of the IEA’s Solar Heating and Cooling programme’s Task 45, Large Scale Solar Heating and Cooling Systems (see the attached documents).
 

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