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Finance and Incentives

India needs massive awareness-raising campaign

Submitted by Baerbel Epp on June 12, 2018
Solar India ExpoIndia’s opportunities and challenges around solar process heat for industry, or SHIP, were the central topic of a session at the 3rd Solar India Expo in May. First, representatives for both currently running support schemes, Solar Payback and a renewable energy project managed by the United Nations Industrial Development Organization, or UNIDO, spoke about SHIP market development and projects. Then, three Indian-based SHIP system suppliers presented successful demonstration systems to the around 50 attendees of the event, held in India’s capital New Delhi. 
Photo: Solar India Expo

SDH prefeasibility studies in Bosnia and Croatia

Submitted by Baerbel Epp on May 29, 2018
Source: CoolHeatingIn early 2016, EU-funded CoolHeating began using the know-how acquired during best practice projects in Austria, Denmark and Germany to help with the implementation of small modular renewable heating and cooling grids in southeastern Europe. In mid-March, the CoolHeating partners published seven prefeasibility studies of district heating and cooling across five municipalities in Bosnia and Herzegovina, Croatia, Macedonia, Serbia and Slovenia. Because of geographical features, most projects favoured biomass, but solar thermal does play a crucial role in the proposals created for the Bosnian town of Visoko (see map) and the Croatian city of Ozalj. 
Source: CoolHeating

California Solar Initiative dominated by multi-family houses

Submitted by Baerbel Epp on May 25, 2018
Source: California Public Utilities CommissionIn 2017, the California Solar Initiative (CSI) – Thermal Program supported the installation of 20,000 m² of collector area, a 20 % increase over the prior year. With 10,832 m², or four times the area installed in 2016, multi-family buildings dominated the subsidy landscape for those 12 months. The surge was a result of a temporary increase in the incentive amount, from USD 29.85 per therm displaced to USD 70, granted across the service area of Southern California Gas Company. The chart, for which data has been supplied by the California Public Utilities Commission, shows the collector area subsidised and installed from 2010 to 2017.
Source: California Public Utilities Commission

Energy efficiency funding in Bosnia and Herzegovina

Submitted by Baerbel Epp on May 11, 2018
Map: lonelyplanet.comThe Jugoslav Wars of the 1990s slowed down the rate of energy-related retrofits in the residential and public sectors of Bosnia and Herzegovina. Recently, however, the country has seen some improvement in the amount of funding available for clean heating technologies, such as solar thermal, biomass boilers and heat pumps. In early April, the European Bank for Reconstruction and Development, or EBRD for short, provided MKF Partner, a Bosnian microfinance institution, with EUR 5 million for low-interest loans and grants to make residential buildings more energy-efficient. It was the second time the EBRD had allocated funding to financial institutions in the country. Last November, EUR 17 million went to three Bosnian banks, as part of the EBRD’s Green Economy Financing Facility. 
Map: lonelyplanet.com

First Spanish solar district heating system for 12,000 families

Submitted by Baerbel Epp on May 7, 2018
Source: Ayuntamiento de Alcalá de HenaresIn February, Alcalá Ecoenergías signed a deal to construct a district heating system powered by solar and biomass in Alcalá de Henares, a city in Spain. The agreement between the local company and the municipal government will lead to one of the country’s first-ever large-scale solar district heating systems, intended to provide 12,000 homes with renewable heat. The EUR 38 million investment, of which EUR 32 million have been allocated for biomass and EUR 6 million for solar thermal, near Spain’s capital of Madrid is expected to be completed by late 2019 (see the design study on the left). Several other solar district heating projects are under development. 
Source: Ayuntamiento de Alcalá de Henares

First heliostat field made in Brazil

Submitted by Baerbel Epp on April 19, 2018
Photo: USPThe University of São Paulo in Pirassununga (see photo) is about to get its own field of heliostats on campus. Once completed, the sea of mirrors will focus sunlight onto a receiver connected to an Organic Rankine Cycle system. The heat transfer fluid will be ambient air. The ORC turbine ‘waste’, hot water at 90 °C, will be directed to a nearby abattoir. The demonstration plant is part of SMILE, which is short for Solar-Hybrid Microturbine Systems for Cogeneration in Agro-Industrial Electricity and Heat Production.
Photo: USP

First cooling installation on Indian government building

Submitted by Baerbel Epp on April 10, 2018
Photo: VSM SolarGujarat State Electricity Corporation set up a solar thermal air conditioning system as part of its clean energy initiative last August. The installation offers a capacity of 150 tons of refrigeration (528 kW) to cool the Gandhinagar Thermal Power Station’s office building in Gujarat state in western India. The total investment, including the collector field, mounting equipment, chiller and hot water storage tanks, amounted to Indian Rupee (INR) 52 million, or around EUR 0.7 million, which corresponds to specific costs of 1,327 EUR/kW. 
Photo: VSM Solar

IEA SHC Webinar: Cost reduction potential above 30 %

Submitted by Baerbel Epp on April 5, 2018
Chart: AventaThe key takeaway from an IEA SHC Solar Academy webinar held on 14 March 2018: There is still much room for cost cuts along the entire solar thermal value chain. The webinar was organised jointly by the IEA Solar Heating & Cooling Programme’s Task 54 and the International Solar Energy Society.
Chart: Aventa

Big Solar Germany: Utility-scale solar heat at record-low 36 EUR/MWh

Submitted by Baerbel Epp on April 3, 2018
Christian HolterOperators of several gas-driven combined cycle power plants, or CCPPs, have notified the German Federal Network Agency of their systems’ final shutdown. These plants are no longer economically viable, as they have been running ever fewer hours because of a high proportion of cost-effective renewable grid electricity. Their shutdown will create a shortage of supply in district heating networks providing thermal energy to German municipalities. Utility-scale solar thermal plants equipped with seasonal storage could help close the gap at heat prices of around 36 EUR/MWh, Christian Holter said. Holter is the Managing Director of Austrian turnkey system supplier S.O.L.I.D., which has carried out feasibility studies on behalf of several European cities.

NPV, IRR and DDP: The language of bankers and investors

Submitted by Baerbel Epp on March 27, 2018
Chart: Patrick ReiterIndustry professionals often do not use the same language as bankers and investors when they present solar thermal projects. We have asked Patrick Reiter, who has just finished his master’s thesis, titled Solar District Heating – Economic feasibility of large-scale solar thermal systems in municipal district heating networks – a case from Austria, to explain the most important words and key performance indicators, or KPIs, for the financial feasibility assessment of large-scale solar thermal plants. He studied for his master’s degree at the University of Graz’s Institute of Systems Sciences, Innovation and Sustainability Research. 
Chart: Patrick Reiter

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