Feb 28, 2014

New PV strategies and emerging markets

Admin
2 min
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Turkey is one of the international photovoltaic industry’s key growth markets. At PV Power Plants – Turkey, leading industry and technology experts will meet with local and international investors to discuss new trends and business developments.

Solar energy in Turkey is on the rise. In 2013, the government doubled funding and is now supporting photovoltaic systems up to one megawatt of capacity. In addition, all restrictions on self-consumption projects have been removed. It is expected that this will drive demand for solar power in the economically booming country with its growing energy demand and rising energy prices.

The conference will provide a comprehensive overview of the Turkish solar market, the legal, technical and economic environment and opportunities for project financing. The event will also present the latest information on solar project licensing and local production. Photovoltaic systems with Turkish-made components receive a higher feed-in tariff rate. In addition, Turkish as well as international self-consumption projects will be examined. 

Conference participants will have the opportunity to join Turkish investors and energy utilities in two workshops focusing on “PV Project Quality in Turkey” and “Power supply and energy storage in Turkey.” Participation in workshops can also be booked separately.

In addition to other markets in Europe and the MENA region, other key topics include technical innovations, strategies for future business models and energy storage.

Attendees will include international participants from the module, cell and component manufacturing sector, suppliers, network operators and utilities, project developers, planners, insurers, investors and law firm representatives.

The conference will take place April 9-10 in Istanbul, Turkey. The conference will be held in English.
PV Power Plants 2014 - Turkey is organized by Solarpraxis, one of the leading knowledge service providers in the renewable energy sector, and a major organizer of conferences and workshops.

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Apr 23, 2021

Drax advances biomass strategy with Pinnacle acquisition

Drax
Biomass
Sustainability
BECCS
Dominic Ellis
2 min
Drax is advancing biomass following Pinnacle acquisition it reported in a trading update

Drax' recently completed acquisition of Pinnacle more than doubles its sustainable biomass production capacity and significantly reduces its cost of production, it reported in a trading update.

The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.

The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).

Drax CEO Will Gardiner said its Q1 performance had been "robust", supported by the sale of Drax Generation Enterprise, which holds four CCGT power stations, to VPI Generation.

This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.

In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.

The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.

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