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The New Acronym in The Fight Against Climate Change

The design of the new treaty is built around something called the “INDC”. This stands for Intended Nationally Determined Contribution and is the level of emission reductions that specific country will commit to over the 1st period of the new treaty from 2020 to 2030. An INDC is normally expressed as an emission reduction schedule from the start of the commitment period (2020) or a emission reduction schedule after “Peak Emissions” are reached. Yes some countries allow for emission increases before they reach peak emissions and start reducing. If you are interested to view countries submitted INDC’s you can find them here. The scientists [...]

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India Aims To Achieve Colossal Renewable Energy Targets 2 Years In Advance

The Indian government will push to achieve renewable energy installation targets two years in advance, as it looks to enact more aggressive policies to promote development of renewable energy infrastructure. India has set a target to have 100 GW solar power, 60 GW wind energy, 10 GW small hydro power, and 5 GW biomass-based power projects operational by March 2022., but Minister of Power, Coal, and New & Renewable Energy Piyush Goyal recently stated that the Indian Government will try to achieve this target of 175 GW renewable energy capacity by 2020 instead of the set timeline of 2022. The Central Government [...]

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Mexico to award longer PPAs under energy auctions, specific scheme for renewables

The rules for the electricity market published on Tuesday establish longer PPAs for projects awarded in auctions. The first energy tender is expected this year. The electricity market starts to operate at the beginning of next year. The final rules of the Mexican electricity market published on Tuesday in the Mexican official government journal establish longer PPAs for projects and a specific supply category for clean energy projects awarded in future national energy auctions. Long-term PPAs will last 15 years and clean energy certificates obligations will have a duration of 20 years. Earlier this year the government proposed PPAs of only up [...]

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Results of The Winter Survey

 Please find detailed below feedback from Carbon 350 and Solar 350 Investors from our Winter Survey.  Click here to view the Winter survey results  Please note, neither company is connected to 350 PPM Ltd directly. The information is provided for informational purposes only.

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Insider view: The private sector’s role in the Paris Agreement

The USA’s largest conference and expo for Energy, Utility and Environment (EUEC 2016) kicked off last week, marking one of the first major climate change and energy related events since COP21 in Paris. High on the agenda was GHG mitigation through the use of renewable energy, and the related environmental and utility regulation. The context of this is the heavy reliance on the private sector involvement and the mechanisms by which investments in renewable energy and power infrastructure will actually take place. One of our directors and a senior partner at the Danish consulting and engineering experts Grue + Hornstrup A/S, [...]

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350 PPM Ltd hires Tim Hyett as Managing Director

350 has hired Tim Hyett as Managing Director in order to increase the scale and scope of fundraising within the group to capitalise on the additional opportunities presented by successful negotiations of the new Paris Agreement at COP 21 in December. Nick Dimmock, Managing Director of Solar 350 comments; this announcement is slightly belated as Tim joined us in late November of last year in anticipation of a successful outcome of COP 21. He has been contributing significantly to the success of the business. Tim’s role is to attract additional EIS and Institutional investment to 350 companies, to gain FCA regulation [...]

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SOLAR 350 GREENLIGHTS CREATION OF MEXICAN SPV

Solar 350 has green lighted the creation of the Mexican SPV (special purpose vehicle) called Solar 350 Baja Cali 1. This is the legal entity is due to hold the development assets of the first of the Mexican Solar projects. Specifically, this is a 60 Mw Project located towards the top of Baja California in Mexico. The plant will service the energy needs of the rapidly developing Baja region and the rapidly increasing industrial base located around the border town of Tijuana. Many of you will know of Tijuana from its reputation as a party town, but the rapid economic development [...]

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So 2015 was a good year for renewables, or was it?

It’s important not to get too cocky about the health of the renewables industry worldwide. Figures released by the Clean Energy Pipeline organisation this week showed that global clean energy investment enjoyed double digit (14%) growth last year over 2015. But before you pop open the low carbon champers and celebrate another bumper year, the figures are a little misleading. For a start, many of the projects included in the figures have been raising money for years, which means the fact they came to fruition in 2015 makes the numbers look better than they really are. It’s not a sudden flow [...]

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2016 outlook for carbon reductions has never been better…

January is traditionally a time when we think about fresh starts and making the coming year better than the old one. It’s the time when diet books, quit-smoking services and recruitment companies are at their busiest. And this year, in the renewables sector, it’s also time for a positive change. 2015 saw investment decline in the UK as the last few subsidies and tax breaks ended for a lot of solar and wind (and of course, global emissions kept rising), but 2016 will be different. The outlook is more positive than its been in years. This is because the last-minute COP21 Paris [...]

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