Category: Uncategorized

$2.5TRN OF GLOBAL FINANCIAL ASSETS AT RISK FROM CLIMATE CHANGE: Part 2

$2.5 trillion of global financial assets are at risk from the effects of climate change, according to a report. The report, produced by the London School of Economics and Political Science (LSE), the Grantham Research Institute and Vivid Economics, looks at the value at risk (VaR) associated with financial assets should global temperatures increase by 2.5°C by 2100. This warming figure is believed by the report’s authors to be the ‘business-as-usual’ emissions path if all of the commitments made at December’s landmark Paris agreement are implemented. The summit concluded with an agreement to limit global warming to 2°C but the commitments made [...]

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The Future of Renewable Power in Mexico

Mexico’s solar and wind sectors have experienced triple-digit growth rates over the last 10 years, outpacing the growth of renewable power generation in most developed countries. Will that explosive growth continue?   The abundance of diverse renewable energy resources, growing demand for power, macroeconomic stability, and historically high electricity prices continue to position Mexico as one of the most attractive destinations for investments in renewable power generation. Despite enjoying some of the highest wind and insolation levels in the world, Mexico has yet to develop most of the potential of its renewable energy sources.  As of 2013, thermal sources represented 75 percent of [...]

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Mexico: North America’s New Frontier for Solar Power

As the capabilities and companies in the solar market have now grown far beyond the low-hanging opportunities, we find ourselves pouncing on sound but short-lived requests for proposals. Hundreds of companies bid in to these processes, and the market is split between bidding to win and bidding a financially sound price. Companies often cannot do both. Wouldn’t it be nice if there were one large market with enough opportunities for everyone, with superb solar resources, supportive regulations and comfortable energy prices that aren’t driven by incentives? Such a market exists right next door in Mexico, where wind energy projects have enjoyed such [...]

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Project Update: Solar 350 Ltd: Baja California

Bill Goldie (Solar 350’s Head of Project Development) and Axel Schmid (Head of Project Origination) have now returned from California Baja to London and Santiago respectively. Their brief was to return with contracted “Greenfield Development Projects” in The Californian Baja of Mexico. Certain factors make this area very attractive for Solar. These are as follows: High Levels of Solar Irradiation – 2465 KWh / M2 – circa 3 times Bournemouth / 5 times Glasgow. Low intermittency – sunshine is relatively constant, so very little cloud, which means solar electricity can contribute effectively to the region’s baseload requirements. High Electricity Prices – due to lack of [...]

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Africa at night taken from space

Bill Gates Just Wrote a Rallying Cry for Clean Energy. Will it be Enough?

Bill and Melinda Gates released their annual letter this week. In it, the two discussed the two super powers they wished they had: More energy More time The following excerpt from Bill's letter explains their justification: More energy! When we sat down to write this year’s letter, those answers stuck with us. Sure, everyone wants more time and energy. But they mean one thing in rich countries and something else entirely when looked at through the eyes of the world’s poorest families. Poverty is not just about a lack of money. It’s about the absence of the resources the poor need to realize their potential. Two [...]

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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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