Tag: Peru

Solar panels in a town, pic

Renewable Projects: Round-up & 2016 Preview

"With so many renewable projects out there, you’ve got to apply some pretty strict criteria to separate out the best opportunities from the riskier ones. That’s our challenge..." This week I managed to pin down our busy Business Development Director, Bill Goldie to get a run down of the 350 projects we’re engaged with. In between trips to China, India and Mexico, he explained his number one priority for selecting a renewable energy projects: “Generally, the projects we work on are exceptionally high quality in terms of their development potential, and based in countries that are transitioning from developing to [...]

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Structuring renewable energy projects: local development

There’s an inherent commercial tension within the way companies approach structuring renewable energy projects. In any new area, there’s naturally an element of trial and error that's characterised renewables for both technology providers, developers and investors (as technologies evolve, as legislative frameworks and policy develops and so on). It comes with the territory in emerging industries. However something that’s often overlooked is the way deal-structuring goes through the same kind of trial and error. In many respects, this area is more critical to the delivery of low-carbon solutions than even the technology itself. To explain the issue simply, [...]

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You think African renewable energy needs solar? Think again.

Last week the 350 team were meeting government officials in Malawi and Zambia, and during the journey we saw just how important geographical concerns are for renewable development. In particular, as we explored the issues facing African renewable energy we confirmed a key element of our strategy to match the right renewable technology to the local ecosystem, economic needs and political climate for the region. Put simply, Sub-Saharan Africa doesn't need solar. It placed us in the unusual position of being invited to discuss expanding the Malawian renewable power supply from 350MW towards their long term goal of [...]

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Introducing our new South America team leaders

Solar 350 is pleased to welcome onboard two very experienced project procurement experts to lead our South American business development programme. Axel Schmid will be heading-up our growing deal stream in South America, assisted by Jennifer Rivera Opazo. Together they bring with them the expert local business knowledge and contacts that are essential for operating projects like ours. Our team now brings together Chinese solar industrial partners (led by Bill Goldie) European and American financial partners (led by CFO Justin Passfield) and European engineering and carbon trading services (led by Nick Dimmock and Doug Marett of Grue [...]

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Peruvian Solar Development Partnership – Update

Following-on from last week’s announcement of our partnership with a major Peruvian engineering firm, we’re pleased to formally announce our new plans with Tecnicas Metalicas, headquartered in Lima. Founded in 1979, Tecnicas Metalicas is a heavy engineering firm with a long standing track record in metal (especially steel) fabrication, with both the delivery capacity and resources to make it a leading player in Peruvian infrastructure... and soon to extend their reach (with us) into Peruvian solar development. With a 52,802 sqm fabrication plant (and a processing capacity of 2,400 tons steel per month) they’re firmly established as a major player [...]

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350 Signs New Peruvian Solar Development Partnership

After a successful trip to Lima earlier this year, we’re excited to announce we’ve partnered with a large Peruvian engineering firm ($100m turnover) to begin operations within Peru’s nascent solar energy industry. Our role is to take the backing of our partner’s enterprise-scale industrial build capacity and establish a local solar development company focused on small-scale solar parks facilitating rural electrification. Currently, there is significant Peruvian government support for these initiatives, high local electricity prices and geographically speaking, Peru receives the highest solar irradiation in the world (a function of global position, altitude and cloud cover). Therefore, we anticipate [...]

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