NewEnergyNews: QUICK NEWS, August 13: EU SUN MARKET SHIFTING; CHINA WIND TO PANAMA VIA CHICAGO; THE MONEY IN SMART BLDG ENERGY MANAGEMENT

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    Tuesday, August 13, 2013

    QUICK NEWS, August 13: EU SUN MARKET SHIFTING; CHINA WIND TO PANAMA VIA CHICAGO; THE MONEY IN SMART BLDG ENERGY MANAGEMENT

    EU SUN MARKET SHIFTING European PV Demand to Depend More on Business Models than Trade Disputes

    Tim Murphy, July 31, 2013 (SolarBuzz)

    “With the European market currently in a strongly transitional phase, the 2013 market is expected to reach 11.2 GW, down 33% Y/Y from calendar year 2012. Demand over the next four quarters (Q3’13 to Q2’14) is set to reach 10.6 GW, with the top 3 markets being Germany, the UK, and Italy…The transition is in large part due to a shift away from premium incentives as the primary market driver, towards competitively priced PV electricity. In Germany and other markets, residential consumers will see more value from avoiding electricity purchases than from selling PV generated electricity at the FIT rate. The same applies to commercial consumers, though to a lesser extent and in somewhat fewer markets…” click here for more

    CHINA WIND TO PANAMA VIA CHICAGO Goldwind USA Closes Financing For Panama's First Wind Farm

    August 5, 2013 (North American Windpower)

    “[Chicago-based] Goldwind USA has closed a $71 million project financing deal for the 55 MW Penonome wind farm, the first in Panama…[T]he project represents the largest wind energy project using Goldwind wind turbines financed by Western lenders. Sponsors for the deal, Goldwind International Holdings Limited and Unión Eólica Panameña S.A. (UEP), were represented by members of Goldwind Capital in Chicago and UEP in Panama…Banco Internacional de Costa Rica, S.A. and Banco Espirito Santo de Investimento, S.A. led the financing…The 55 MW first phase of the total planned 220 MW Penonome wind project will feature 22 of Goldwind’s 2.5 MW permanent magnet direct drive wind turbines. Once completed in 2014, the 220 MW Penonome wind project will be the largest wind energy project in both Panama and Central America…” click here for more

    THE MONEY IN SMART BLDG ENERGY MANAGEMENT Building Energy Management Systems; IT-Based Monitoring and Control Systems for Smart Buildings: Global Market Analysis and Forecasts

    3Q 2013 (Navigant Research)

    “Driven by technology advances as well as growing familiarity among customers with the benefits they create, the market for building energy management systems (BEMSs) continues to grow. Digital controls continue to proliferate…While BEMSs have traditionally focused on two key functions – energy visualization and energy analytics – the market is expanding into adjacent functions, such as demand response and property management, broadening the capabilities of next-generation BEMSs and engaging a broader set of players in the building market. Navigant Research forecasts that the BEMS market will grow from just under $1.8 billion in annual revenue in 2012 to nearly $5.6 billion in 2020…” click here for more

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