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THE FRIDAY NOTE 800-MW solar tender coming soon in Dubai and more of the

April 24 – This week Dubai unveiled plans to launch an 800-MW solar project tender in Q3 2015, South Korea approved about USD 1.7 billion of clean and renewable energy investments for 2015, and IHS said the top 10 global PV modules suppliers were responsible for 49% of the market in 2014.

Dubai on Sunday announced the 800-MW third phase of the 3-GW Mohammed bin Rashid Al Maktoum solar project, with plans to launch a tender in the third quarter (Q3). The Dubai Electricity and Water Authority (DEWA) said in a statement it is accepting proposals for a project consultant from April 1 to May 3, 2015.

Speaking of tenders, the Spanish government is preparing an auction for 500 MW of wind and 200 MW of biomass power for the first time since the approval of the energy reform.

More details at: http://renewables.seenews.com/news/dubai-to-kick-off-tender-for-800-mw-solar-project-in-q3-2015-473049

and at: http://renewables.seenews.com/news/spain-prepares-auction-for-700-mw-of-wind-biomass-report-473310

GLOBAL UTILITY-SCALE PV CAPACITY REACHES 40 GW IN Q1

A market report this week by Wiki-Solar founder Philip Wolfe revealed that the global utility-scale solar capacity has reached 40 GW by March 2015. The UK alone is estimated to have added over 1 GW. When the final figures are in, Britain may well have overtaken Germany to reach the number-three position for cumulative installed capacity, behind the USA and China.

More details at: http://renewables.seenews.com/news/overview-global-utility-scale-pv-capacity-reaches-40-gw-in-q1-473546

TOP PV MODULE SUPPLIERS GET 49% GLOBAL MARKET SHARE IN 2014

In 2014 the top 10 photovoltaic (PV) module suppliers globally reached total shipments of 23.7 GW. Thus they boosted their combined market share to 49% in 2014 from 48% in 2013, IHS Inc calculates. The list includes seven Chinese companies, two Japanese and US-based First Solar.

More details at: http://renewables.seenews.com/news/top-10-pv-module-suppliers-get-49-global-market-share-in-2014-ihs-473748

CENTERBRIDGE UNIT TO ISSUE EUR 400M IN NOTES AHEAD OF SENVION BUY

On the European wind energy front, it was announced Monday that a unit of US buyout firm Centerbridge Partners LP would issue EUR 400 million (USD 434.6m) of notes to fund part of the acquisition of German wind turbine maker Senvion SE. The senior secured notes will be issued by Rapid Holding GmbH.

Meanwhile in the US downstream wind segment, a group led by Canadian asset manager Fiera Axium Infrastructure completed the acquisition of a minority interest in 1,100 MW of US wind farms from the renewables arm of Portuguese utility EDP (ELI:EDP).

More details at: http://renewables.seenews.com/news/centerbridge-unit-to-issue-eur-400m-in-notes-ahead-of-senvion-buy-473299

and at: http://renewables.seenews.com/news/fiera-led-group-buys-into-1-1-gw-edpr-wind-portfolio-in-us-473053

SOUTH KOREA TO INVEST USD 1.7BN IN CLEAN ENERGY THIS YEAR

Last but not least for the Friday Note comes South Korea’s decision to pour more than KRW 1.8 trillion (USD 1.66 bn/EUR 1.5bn) into the clean and renewable energy industry in 2015 alone. More specifically, some KRW 430 billion will be spent on the development of bioenergy, fuel cell and carbon capture sequestration technologies while KRW 137 billion will go to support the establishment of local niche markets for the clean energy industry.

More details at: http://renewables.seenews.com/news/south-korea-to-invest-usd-1-7bn-in-clean-energy-sector-this-year-473468

(KRW 1,000 = USD 0.926/EUR 0.853)

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