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Newsletter October 2020

Solar heat on its way to bankability

French project developer NewHeat has successfully closed a EUR 13 million finance deal to cover the cost of putting up five solar heat plants totalling 28 MWth. The deal opens a new chapter in the history of the solar thermal sector in Europe when it comes to securing the trust of lenders. German Triodos Bank played the role of the arranger, the main lender, and was 'followed' by the French Crédit Coopératif. “It is the responsibility of the project developer to provide banks with good enough reasons, securities and guarantees to convince them that the technologies are not particularly risky and that any issues during operation will be dealt with so they will not lose their money,” NewHeat CEO Hugues Defréville said about the negotiations leading up to the loan agreement (Photo: NewHeat).

Secure financial deal 
Interview with Hugues Defréville

World´s largest SDH plant with concentrating collectors

The Chinese company Inner Mongolia XuChen Energy has successfully operated a 93,000 m² parabolic trough collector field since 2016 in a village near Baotou. An even larger solar district heating plant is currently under construction.

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Benefits of 4G and 5G heat networks

Fourth-generation heat networks, which operate at about 60 °C, reduce heat losses, extend pipe life and create the best conditions for clean energy use according to a webinar titled Heat Networks 4.0 offered by Euroheat & Power.

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Solar houses: above 95 % solar fraction is possible

Between 2014 and 2019, the Austrian Climate and Energy Fund supported the construction of over 100 solar-heated houses, 19 of which were monitored following completion. The analyses of the gathered data showed an average 66 % solar fraction, with values exceeding 95 % if an active thermal mass system and a buffer tank are combined.

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Four years of global SDH research summarised in online workshop and factsheets

On Thursday, 15 October 2020, an online technology transfer workshop about large SDH networks will provide attendees with the perfect opportunity to listen to the key takeaways from four-year IEA SHC Task 55. The workshop will focus on the top four SDH countries Denmark, China, Germany and Austria.

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Thermal storage for flexible sector integration

In his keynote speech at Eurosun 2020, Dr Andreas Hauer from ZAE Bayern talked about the different roles that heat storage could play as part of a whole systems approach to energy policy and the maximum acceptable storage capacity costs for different consumers.

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