Skip to main content

Tall ambitions: SkyPower aims to "kickstart" the Solar energy market in a big big way

Seven years ago, Kerry Adler watched as the disaster at Lehman Brothers Holdings Inc. scuttled his vision of renewable-power riches. Today, he has reassembled assets from the collapsed investment bank, laying the foundation for a green-energy colossus.
Adler’s SkyPower Ltd. has lined up deals to build utility-scale solar farms in North America, Asia and Africa worth more than $12 billion — though how the projects will be financed remains a mystery.
To date, SkyPower has completed 23 projects totaling 300 megawatts, ranking it just 34th among solar developers worldwide, according to Bloomberg New Energy Finance. But if Adler is successful in fulfilling all of his signed contracts, he will have more renewable power capacity than any operator currently has.
SkyPower aims to “kickstart this market in the hope of bringing power to people that really deserve it,” Adler, 50, said by phone from Kenya as he wrapped up his second major deal this year.
To date, SkyPower has completed 23 projects totaling 300 megawatts
To date, SkyPower has completed 23 projects totaling 300 megawatts
 
SkyPower
That was a $2.2 billion pact for 1 gigawatt of solar — about the capacity of a typical nuclear reactor, and massive for renewables — that will take years to build. SkyPower has also begun a joint venture in Mexico, and within two months expects two more deals in the Middle East and Africa, each about as big as the Kenya contract.
SkyPower has projects with a total capacity of about 25 gigawatts in the works, and Adler says he can build 7 gigawatts within five years. Even that would make it far larger than the biggest developers of commissioned solar projects: China’s Huanghe Hydropower Development Co Ltd., which has 2 gigawatts, and Arizona-based First Solar Inc., with 1.2 gigawatts, according to Bloomberg data. In terms of projects in the pipeline, only Missouri-based SunEdison Inc. is bigger, with deals representing 53 megawatts on the table.
 Ref
http://www.bloomberg.com/news/articles/2015-08-19/a-solar-energy-giant-rises-from-the-rubble-of-lehman-brothers

Comments

Popular posts from this blog

What needs to be in content that attracts traffic on social media and elsewhere

In a world where content is king, a large volume of high-quality, shareable content is required to build credibility, brand reputation, and grow your digital presence. However, successful content marketing is not measured in the amount of output you produce, but in how well your audience responds to your output, including how often they share it. After all, the more fans and followers who feel compelled to share your blog piece, Facebook post, infographic, video, image, etc., the more value that content inherently adds to your brand.  So, what makes great content share-worthy? Unfortunately, there’s no defined formula for successful viral marketing, but there are several significant similarities between the most popular pieces of content that compel viewers and readers to click ‘Share’. Want to make your content more share-worthy? Here’s a checklist of things irresistibly shareable content should offer your audience: 1. Industry Relevance
2. A Great Hook
3. Controversy
4. Solutions or …

Can Herbalife 'Afresh' cause insomnia(sleeplessness) and heart problems?

Here is another "great" product from Herbalife. Marketed as an ENERGY drink mix. Few people know it contains Gurana seeds which have no active compound giving artificial energy other than caffeine. Afresh also contains additional caffeine

Ingredients of Herbalife Afresh Energy Drink Mix:
Maltodextrin, Orange Pekoe Extract, Guarana Seed Extract, Acidity Regulator - 330 and Caffeine Powder.

http://mall.coimbatore.com/bnh/herbalife/afresh-energy-drink-mix.htm

http://products.herbalife.co.in/energy-and-fitness/afresh-energy-drink

Side effect include insomnia, sleeplessness and heart problems, It is especially harmful for people with High blood pressure.

http://www.medicinenet.com/caffeine_tablets-oral/article.htm

Highlights from Warren Buffett's annual letter to Berkshire Hathaway shareholders

Warren Buffett's highly anticipated annual letter toBerkshire Hathawayshareholders released on Saturday did not disappoint this year with a little something for all fans of the Oracle of Omaha, from professional value investors to the casual admirers of his wit and wisdom.Most newsworthy in this year's edition, the 87-year old billionairepointed out that Berkshire Hathaway now has a $116 billion war chestto spend on a deal, but that prices were too high for him to spend any of it in a big way last year.Buffettwent on to give avaluable investing lessonthat involved quoting a Rudyard Kipling poem from the 1800s. There are plenty of quips in the letter, including a joke likening a CEO's penchant for dealmaking to the sex drive of teenagers. Here are the highlights below: The tax cut:"Berkshire's gain in net worth during 2017 was $65.3 billion, which increased the per-share book value of both our Class A and Class B stock by 23%...A large portion of our gain did not com…