M&A of operating clean energy projects that qualified for ITC after the 5-year standstill.
REAP finance of $5.7 MM ME wood pellet project.
Landfill gas project development at NH closed landfills.
Storage at the centre of Asia transition to renewable energy.
Storage investment 1H18 $1.5 BN, 2x 2017. $16.7 BN to install conventional battery factories. $42 BN of facilities are expected to be operational by 2022. After 2025 new technologies likely to enter market. Lithium-ion dominates in the short-term.
Hydrogen as a form of storage for renewable energy on a large scale.
New York State has 500 MW storage in development. Target 1,500 MW by 2025.
2017 utility demand response 18 GW. Residential storage capacity additions grew 202% from 2016 to 2017, C&I 9%.
CA 3GW BTM energy storage by 2026. Extends SGIP 5 years.
Flow batteries 14% efficient targeted to be 25%.
Macquarie raising debt for 50 MW portfolio of storage projects in CA.
10 MW solar + 6.5 MWh storage in the Carribean. Islands fossil-fuel free by 2020.
Microgrid project finance outlook.
Roll-up of technology providers to microgrids. Targets C&I, hospital and schools.
Most microgrids are C&I, universities and military. Located in the Northeast and CA. Biggest barrier to entry is low cost power.
Expect economic growth to taper in 2019, stall 2020. Energy major’s have forecast $100/bbl oil since mid 2018. Most countries can accelerate GPD growth by reducing emissions. 34% rise in methane released from overall energy production over the past 25 years. 2017 VC investment into agtech $1.9 BN across 238 deals. IndoorAg investment peaked in 2017 with $346 MM across 37 deals. IndoorAg produce box subscription service. 500 IndoorAg projects globally in development. 50% of the indoor grow operations in the US are in urban areas. EVs are expected to reach price parity with internal combustion engine vehicles by 2025