PDF Publication Title:
Text from PDF Page: 037
and small-scale solar, total solar power investment in 2010 grew to $79 billion, driven largely by distributed generation projects in Europe. n Development and national bank finance Data compiled by BNEF show that 13 development banks worldwide provided $13.5 billion of finance for renew- able energy projects in 2010, up from $8.9 billion in 2009, $11 billion in 2008, and just $4.5 billion II in 2007. Almost all of this funding took the form of loans, although there were also a few equity finance deals, notably in Eastern Europe by the European Bank for Reconstruction and Development (EBRD). The three leading development banks, in terms of financ- ing of renewables projects in 2010, were the European Investment Bank ($5.4 billion), Brazil’s BNDES ($3.1 billion), and Germany’s KfW ($1.5 billion). The EIB’s contribution grew almost fivefold between 2007 and 2010. BNDES’s activity in 2010 was double its 2007 level, but the bank’s contribution actually peaked at $6.2 billion in 2008, when Brazil’s ethanol investment boom was at its height. KfW’s project finance footprint doubled as well between 2007 and 2010. The Asian Development Bank (ADB) invested $819 million in renewable energy projects in 2010. The World Bank Group committed $748 million in direct renewable energy project finance, with over two-thirds of this coming from loans from the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Roughly a third came from the International Finance Corporation (IFC), much of it to energy efficiency projects (which are not covered in this report). One uncertainty relates to the China Development Bank, which in 2010 announced some $36 billion in credit lines to Chinese clean energy manufacturers. However, CDB shows up as the confirmed lender to only some $600 million of renewable energy projects. It is likely that the bank’s contribution to projects is much larger than has been revealed as of publication of this report. I) Solar water heaters are not included in BNEF’s overall data for investment in small-scale renewable energy projects. The Global Environment Facility (GEF), which was not included in the BNEF analysis, approved funding in 2010 for 25 renewable energy projects, with a total direct GEF contribution of $40.4 million. Total co-financing for these projects from all sources was $382.1 million. II) These data are based on a combination of deals recorded on BNEF Desktop, deal-specific disclosures in the annual reports, and communication with the related organizations. According to BNEF’s revised methodology, the data cover only development banks’ project finance loans and equity contributions. Excluded are loans from commercial lenders to the same projects, equity provided by other investors, as well as development banks’ investment in renewable energy companies. Development banks made significant contributions to large hydro projects, which are not included in the investment figures. 37 02 Sidebar 2. InVeSTMenT TRenDS In eaRly 2011 Given the rush to complete a number of big investment transactions in the closing weeks of 2010 – in some cases to “catch” attractive subsidy deals before they expired – it was little surprise that activity in the first quarter of 2011 was relatively subdued. Financial new investment in renewable energy totaled $31 billion, down from $44 billion in the fourth quarter of 2010 and below the $32 billion figure for the first quarter of 2010. In asset finance, the biggest reductions in terms of absolute dollars came in U.S. wind power and European solar power. The brightest spots of January–March 2011 were wind power in China, up 25% relative to the same quarter in 2010, and in Brazil, which saw investment double from a year earlier. Key wind power projects going ahead included the 211 MW IMPSA Ceara wind auction portfolio and the 195 MW Renova Bahia portfolio, both in Brazil, and the 200 MW Hebei Weichang Yudaokou village wind farm in China. In Europe, there were several large offshore wind infrastructure commitments, including the Dan Tysk project off the coast of Germany, the Skagerrak 4 project off Denmark, and the Randstad project off the Netherlands. In public market investment, transactions included a $1.4 billion share sale by Sinovel Wind and a $220 million offering by solar manufacturer Shandong Jinjing Science & Technology – both in China. In venture capital and private equity investment, the largest transaction of the first quarter of 2011 was a $143 million expansion capital round for U.S. biomass and waste-to-energy specialist Plasma Energy. March 2011 brought a series of tragic events with potentially far-reaching consequences for energy, including renewable energy. The Japanese earth- quake and tsunami, and the ensuing crisis at the reactors at Fukushima Daiichi, cast into doubt the future of nuclear power in Japan and also in other countries such as Germany. Initially, the result was a sharp rise in the share prices of renewable energy companies. But natural gas-fired generation, rather than renewable power, could prove to be the primary, short-term beneficiary of nuclear energy‘s problems. There are no reliable figures for the value of investment in solar water heaters worldwideI, but on the basis of installation, investment can be estimated at around $15 billion. State-owned multilateral and bilateral development banks have been pillars of investment in renewable energy during recent, troubled years for the world economy. In 2010, more public money went to the renewable energy sector through development banks than through govern- ment stimulus packages. RENEWABLES 2011 GlObal STaTuS RePORTPDF Image | GLOBAL STATUS REPORT Renewables 2011
PDF Search Title:
GLOBAL STATUS REPORT Renewables 2011Original File Name Searched:
gsr2011.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
| CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP |