<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>feed-in-tariffs - Green Prophet</title>
	<atom:link href="https://www.greenprophet.com/tag/feed-in-tariffs/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.greenprophet.com/tag/feed-in-tariffs/</link>
	<description>Sustainably Driven. Future Ready.</description>
	<lastBuildDate>Fri, 26 Jan 2024 09:06:40 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.9.4</generator>

<image>
	<url>https://www.greenprophet.com/wp-content/uploads/cropped-logo_center_black_big-2-32x32.png</url>
	<title>feed-in-tariffs - Green Prophet</title>
	<link>https://www.greenprophet.com/tag/feed-in-tariffs/</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>From Rooftops to Savings: The Solar Panel Journey in Kent, Essex, and London</title>
		<link>https://www.greenprophet.com/2024/01/solar-panel-journey-in-kent-essex-and-london/</link>
		
		<dc:creator><![CDATA[Bhok Thompson]]></dc:creator>
		<pubDate>Thu, 25 Jan 2024 12:07:22 +0000</pubDate>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[England]]></category>
		<category><![CDATA[feed-in-tariffs]]></category>
		<category><![CDATA[grants]]></category>
		<category><![CDATA[PV solar]]></category>
		<category><![CDATA[Solar Energy]]></category>
		<guid isPermaLink="false">https://www.greenprophet.com/?p=141988</guid>

					<description><![CDATA[<p>Kent, known as the "Garden of England," offers ideal rural landscapes for solar installations, aligning with its commitment to natural beauty and clean energy. Essex, with its mix of countryside and urban centres, is embracing solar energy for environmental and economic benefits. Residential and large-scale solar farms are becoming increasingly common here.</p>
<p>The post <a href="https://www.greenprophet.com/2024/01/solar-panel-journey-in-kent-essex-and-london/">From Rooftops to Savings: The Solar Panel Journey in Kent, Essex, and London</a> appeared first on <a href="https://www.greenprophet.com">Green Prophet</a>.</p>
]]></description>
										<content:encoded><![CDATA[<figure id="attachment_141989" aria-describedby="caption-attachment-141989" style="width: 1512px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" class="size-full wp-image-141989" src="https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels.png" alt="Group-buying scheme to help Kent County residents residents invest in renewable energy opens again. Via County website." width="1512" height="879" srcset="https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels.png 1512w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-722x420.png 722w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-150x87.png 150w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-300x174.png 300w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-696x405.png 696w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-1068x621.png 1068w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-350x203.png 350w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-768x446.png 768w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-660x384.png 660w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-800x465.png 800w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-1000x581.png 1000w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-387x225.png 387w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-180x105.png 180w, https://www.greenprophet.com/wp-content/uploads/kent-council-uk-solar-panels-929x540.png 929w" sizes="(max-width: 1512px) 100vw, 1512px" /><figcaption id="caption-attachment-141989" class="wp-caption-text">Group-buying scheme to help Kent County residents residents invest in renewable energy opens again. Via Kent County website.</figcaption></figure>
<h2 style="text-align: center;"><span style="font-weight: 400;">Overview of the Solar Energy Landscape in These Regions</span></h2>
<p><span style="font-weight: 400;">In Kent, Essex, and London, the shift towards renewable energy is gaining remarkable momentum, with solar power at the forefront. Each region, with its unique characteristics, is contributing significantly to the UK&#8217;s solar energy adoption.</span></p>
<p><span style="font-weight: 400;">Kent, known as the &#8220;Garden of England,&#8221; offers ideal rural landscapes for solar installations, aligning with its commitment to natural beauty and clean energy. Essex, with its mix of countryside and urban centres, is embracing solar energy for environmental and economic benefits. Residential and large-scale solar farms are becoming increasingly common here.</span></p>
<p><span style="font-weight: 400;">London, despite its urban density, is actively participating in the solar revolution. Rooftops across the city are transforming into power-generating assets, contributing to the capital&#8217;s sustainability goals. Innovative community solar projects and government incentives are making solar energy feasible and attractive in the bustling metropolis.</span></p>
<p><span style="font-weight: 400;">This growing trend of solar panel installation across these areas reflects a broader national shift towards sustainable energy. Driven by environmental awareness, rising energy costs, and the desire for energy independence, solar energy is becoming a preferred choice for many in Kent, Essex, and London.</span></p>
<h2><span style="font-weight: 400;">Understanding Solar Panel Technology and Its Benefits</span></h2>
<h3><span style="font-weight: 400;">How Solar Panels Work</span></h3>
<p><span style="font-weight: 400;">Solar panels, or photovoltaic (PV) panels, are marvels of modern technology, capable of converting sunlight into electricity. They consist of many solar cells made from layers of silicon, phosphorus, and boron. When sunlight hits these cells, it generates an electric field, producing electricity. This process is entirely clean, harnessing the sun&#8217;s natural energy without emitting greenhouse gases.</span></p>
<p><span style="font-weight: 400;">The UK, including Kent, Essex, and London, experiences sufficient daylight hours to make solar panels effective, even on overcast days. Modern solar technology has advanced to the point where it is efficient and productive, regardless of the weather variations these regions experience.</span></p>
<h3><span style="font-weight: 400;">Environmental and Financial Benefits Specific to Kent, Essex, and London</span></h3>
<p><span style="font-weight: 400;">The adoption of solar panels in Kent, Essex, and London offers significant environmental and financial benefits. Environmentally, they provide a clean, renewable source of energy, reducing reliance on fossil fuels and cutting greenhouse gas emissions. This is crucial in tackling climate change and preserving the natural beauty of regions like Kent and Essex, as well as improving air quality in urban areas like London.</span></p>
<p><span style="font-weight: 400;">Financially, solar panels represent a smart investment. After the initial installation cost, the savings on electricity bills become evident. In Kent and Essex, homeowners with larger properties can generate significant energy, sometimes even selling excess back to the grid under schemes like the Smart Export Guarantee (SEG). In London, solar panels can help reduce the high cost of urban living, offering long-term financial benefits.</span></p>
<p><span style="font-weight: 400;">Solar panels not only contribute to a greener planet but also offer a practical solution to rising energy costs, making them an increasingly popular choice in these regions.</span></p>
<h2><span style="font-weight: 400;">Navigating Solar Panel Installation: Process and Providers</span></h2>
<figure id="attachment_141393" aria-describedby="caption-attachment-141393" style="width: 1392px" class="wp-caption aligncenter"><img decoding="async" class="size-full wp-image-141393" src="https://www.greenprophet.com/wp-content/uploads/estee-lauder-canadian-canada-solar-plant.png" alt="Estee Lauder in Canada sets up solar power on the roof" width="1392" height="780" srcset="https://www.greenprophet.com/wp-content/uploads//estee-lauder-canadian-canada-solar-plant.png 1392w, https://www.greenprophet.com/wp-content/uploads//estee-lauder-canadian-canada-solar-plant-350x196.png 350w, https://www.greenprophet.com/wp-content/uploads//estee-lauder-canadian-canada-solar-plant-660x370.png 660w, https://www.greenprophet.com/wp-content/uploads//estee-lauder-canadian-canada-solar-plant-768x430.png 768w, https://www.greenprophet.com/wp-content/uploads//estee-lauder-canadian-canada-solar-plant-480x270.png 480w, https://www.greenprophet.com/wp-content/uploads//estee-lauder-canadian-canada-solar-plant-800x448.png 800w, https://www.greenprophet.com/wp-content/uploads//estee-lauder-canadian-canada-solar-plant-1000x560.png 1000w, https://www.greenprophet.com/wp-content/uploads//estee-lauder-canadian-canada-solar-plant-400x225.png 400w, https://www.greenprophet.com/wp-content/uploads//estee-lauder-canadian-canada-solar-plant-180x101.png 180w, https://www.greenprophet.com/wp-content/uploads//estee-lauder-canadian-canada-solar-plant-960x538.png 960w" sizes="(max-width: 1392px) 100vw, 1392px" /><figcaption id="caption-attachment-141393" class="wp-caption-text">Estee Lauder in Canada sets up solar power on the roof of the manufacturing facility. Businesses can do this as well as individuals.</figcaption></figure>
<p><span style="font-weight: 400;">The process of </span><a href="https://skylarsolar.co.uk/locations/solar-panel-installation-essex/"><span style="font-weight: 400;">solar panel installation in Essex</span></a><span style="font-weight: 400;"> is straightforward, with a focus on maximising the potential of both rural and suburban settings. Homeowners and businesses need to select a reputable provider who can assess their specific energy needs and site conditions. The installation involves site evaluation, panel selection, and a professional setup. In Essex, the emphasis is on blending the panels with the natural and architectural aesthetics of the area.</span></p>
<p><span style="font-weight: 400;">When Installing solar panels in London you can face unique challenges due to urban density. However, the city’s innovative approach to solar energy includes solutions like shared solar for apartment buildings and solar installations on commercial properties. Providers in London are adept at navigating these challenges, ensuring that even in a bustling city, solar energy is a viable option.</span></p>
<p><span style="font-weight: 400;">For </span><span style="font-weight: 400;">solar panel installation in Kent</span><span style="font-weight: 400;">, the process mirrors that of Essex, with additional focus on protecting the county&#8217;s historical and natural beauty. Providers in Kent are experienced in installing solar panels in a variety of settings, ensuring efficiency and minimal visual impact.</span></p>
<p><span style="font-weight: 400;">In all three regions, choosing the right provider is crucial. They should offer comprehensive services from initial consultation to installation and aftercare. Reliable providers ensure compliance with all regulations and maximise the efficiency and longevity of the solar panels.</span></p>
<h2><span style="font-weight: 400;">Government Incentives and Support for Solar Energy</span></h2>
<p><span style="font-weight: 400;">In the <a href="https://www.greenprophet.com/2024/01/how-impact-companies-can-find-grants-and-financing/">UK, government incentives significantly enhance the appeal of solar panel installation</a>, with specific benefits available in Kent, Essex, and London.</span></p>
<p><span style="font-weight: 400;">In Essex, Solar panel installation is supported by various local and national incentives. These include grants and subsidies that reduce the initial cost of installation, making solar energy more accessible to a wider audience. Homeowners and businesses in Essex can take advantage of these financial aids to offset the upfront investment and enjoy long-term savings.</span></p>
<p><a href="https://skylarsolar.co.uk/locations/solar-panel-installation-london/"><span style="font-weight: 400;">Solar panel installations in London</span></a><span style="font-weight: 400;"> benefit from the city&#8217;s commitment to reducing carbon emissions. Urban solar projects often qualify for additional incentives, including tax benefits and enhanced feed-in tariffs. This governmental support is vital in making solar panel installations feasible and attractive in high-density areas like London, where environmental impact is a significant concern.</span></p>
<p><span style="font-weight: 400;">In Kent, Solar panel installation is also supported by government schemes. These incentives are designed not only to encourage solar adoption but also to preserve the county&#8217;s natural landscape. By offering financial benefits, the government aims to make solar panels an appealing option for both residential and commercial properties in Kent.</span></p>
<p><span style="font-weight: 400;">Across these regions, the government&#8217;s supportive stance, through subsidies and schemes like the Smart Export Guarantee (SEG), adds to the financial and ecological attractiveness of solar energy. These incentives play a pivotal role in the growing adoption of solar panels in Kent, Essex, and London.</span></p>
<h2><span style="font-weight: 400;">Future Trends in Solar Energy</span></h2>
<p><img decoding="async" class="aligncenter size-full wp-image-136974" src="https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1.png" alt="solar energy in the trees" width="1259" height="934" srcset="https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1.png 1259w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-566x420.png 566w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-80x60.png 80w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-150x111.png 150w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-300x223.png 300w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-485x360.png 485w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-696x516.png 696w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-1068x792.png 1068w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-350x260.png 350w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-768x570.png 768w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-660x490.png 660w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-800x593.png 800w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-1000x742.png 1000w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-303x225.png 303w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-180x135.png 180w, https://www.greenprophet.com/wp-content/uploads/solar-energy-panels-server-1-728x540.png 728w" sizes="(max-width: 1259px) 100vw, 1259px" /></p>
<p><span style="font-weight: 400;">The trajectory of solar energy in Kent, Essex, and London is marked by promising technological innovations.</span></p>
<p><span style="font-weight: 400;">In Kent, the integration of solar technology with the region&#8217;s heritage is key. Emerging technologies like building-integrated photovoltaics (BIPV) are set to blend with Kent&#8217;s historic landscapes.</span></p>
<p><span style="font-weight: 400;">Essex&#8217;s focus is on enhancing efficiency and accessibility of solar energy. Advancements in panel efficiency and </span><span style="font-weight: 400;">residential battery storage</span><span style="font-weight: 400;"> will enable greater energy independence for its residents.</span></p>
<p><span style="font-weight: 400;">London&#8217;s urban solar future hinges on smart solar solutions. Innovations such as smart grids and community solar initiatives are poised to transform solar usage in densely populated areas, aligning with London&#8217;s sustainability goals.</span></p>
<p><span style="font-weight: 400;">These trends indicate a bright future for solar energy in these regions, driven by innovation, ecological awareness, and policy support. Solar energy is increasingly becoming a cornerstone of the energy mix in Kent, Essex, and London.</span></p>
<p>The post <a href="https://www.greenprophet.com/2024/01/solar-panel-journey-in-kent-essex-and-london/">From Rooftops to Savings: The Solar Panel Journey in Kent, Essex, and London</a> appeared first on <a href="https://www.greenprophet.com">Green Prophet</a>.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>EarthX and a blueprint for sustainable investing</title>
		<link>https://www.greenprophet.com/2021/07/sustainable-investing-earthx/</link>
		
		<dc:creator><![CDATA[Karin Kloosterman]]></dc:creator>
		<pubDate>Mon, 12 Jul 2021 11:55:27 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Dallas]]></category>
		<category><![CDATA[feed-in-tariffs]]></category>
		<category><![CDATA[Impact Investing]]></category>
		<guid isPermaLink="false">https://www.greenprophet.com/?p=129189</guid>

					<description><![CDATA[<p>Trammell S. Crow, a Dallas-based businessman and father of four, is focusing his efforts on impact investing, and media that focuses on saving the planet through EarthX.</p>
<p>The post <a href="https://www.greenprophet.com/2021/07/sustainable-investing-earthx/">EarthX and a blueprint for sustainable investing</a> appeared first on <a href="https://www.greenprophet.com">Green Prophet</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<figure id="attachment_129200" aria-describedby="caption-attachment-129200" style="width: 970px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="size-full wp-image-129200" src="https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx.jpg" alt="Trammel S. Crow" width="970" height="464" srcset="https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx.jpg 970w, https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx-878x420.jpg 878w, https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx-150x72.jpg 150w, https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx-300x144.jpg 300w, https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx-696x333.jpg 696w, https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx-350x167.jpg 350w, https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx-768x367.jpg 768w, https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx-660x316.jpg 660w, https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx-800x383.jpg 800w, https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx-400x191.jpg 400w, https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx-180x86.jpg 180w, https://www.greenprophet.com/wp-content/uploads/trammel-crow-earthx-960x459.jpg 960w" sizes="auto, (max-width: 970px) 100vw, 970px" /><figcaption id="caption-attachment-129200" class="wp-caption-text"><em>Trammell S. Crow, a Dallas-based businessman and father of four, is focusing his efforts on impact investing, and media that focuses on saving the planet through EarthX.</em></figcaption></figure>
<p><span style="font-weight: 400;">Smart investment firms know the writing is on the wall: Companies that make the environment count as part of their business model will outperform traditional businesses. It might take a couple of more years but putting sustainability practices first pays off. Recently, investors and bankers have learned that those same traditional businesses that have been profitable for decades may now be a liability as global awareness attunes to human, animal and planet rights. </span></p>
<p><span style="font-weight: 400;">Whistleblowers are waiting around any corner to derail steady stocks and bonds. How can your family office, bank, venture capital firm or bank steer clear of obstacles and invest in companies that put sustainability first and make planet and people count? Started in Dallas and now global, Trammell S. Crow founded <a href="https://earthx.org/">EarthX</a> and through it hosts an annual E-Capital Summit, tying investors and businesses together –- aligning them with the right frame of mind for future-forward business and environmental accountability. </span></p>
<p><span style="font-weight: 400;">Startups are invited too. Those that have attended the events over the last five years have gone on to raise about $500M in investment capital. It’s like Techcrunch for companies that care about the planet. </span></p>
<p><span style="font-weight: 400;">This year EarthX hosted its 5th summit. The event brought together policy makers from the White House, The Department of Energy, banks, family offices and traditional companies –– offering case studies and frameworks on how to build businesses that create a sustainability impact from the bottom up –– or from the top down.</span></p>
<p><span style="font-weight: 400;">“Our vision is to demonstrate to industry leaders from the investment, business, and deal making systems that sustainability and  profitability are not mutually exclusive but actually go hand-in-hand.” says Vikram Agrawal, Director of <a href="https://earthx.org/conference/e-capital-summit/">EarthXCapital</a>, the impact investment arm of EarthX. </span></p>
<figure id="attachment_129196" aria-describedby="caption-attachment-129196" style="width: 1441px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="size-full wp-image-129196" src="https://www.greenprophet.com/wp-content/uploads/vikram-agrawal-greenprophet.jpg" alt="Vikram Agrawal, EarthX" width="1441" height="1230" srcset="https://www.greenprophet.com/wp-content/uploads/vikram-agrawal-greenprophet.jpg 1441w, https://www.greenprophet.com/wp-content/uploads/vikram-agrawal-greenprophet-350x299.jpg 350w, https://www.greenprophet.com/wp-content/uploads/vikram-agrawal-greenprophet-660x563.jpg 660w, https://www.greenprophet.com/wp-content/uploads/vikram-agrawal-greenprophet-768x656.jpg 768w, https://www.greenprophet.com/wp-content/uploads/vikram-agrawal-greenprophet-800x683.jpg 800w, https://www.greenprophet.com/wp-content/uploads/vikram-agrawal-greenprophet-1000x854.jpg 1000w, https://www.greenprophet.com/wp-content/uploads/vikram-agrawal-greenprophet-264x225.jpg 264w, https://www.greenprophet.com/wp-content/uploads/vikram-agrawal-greenprophet-158x135.jpg 158w, https://www.greenprophet.com/wp-content/uploads/vikram-agrawal-greenprophet-633x540.jpg 633w" sizes="auto, (max-width: 1441px) 100vw, 1441px" /><figcaption id="caption-attachment-129196" class="wp-caption-text"><em>Vikram Agrawal, EarthX</em></figcaption></figure>
<p><span style="font-weight: 400;">Some of the topics cover finance innovation in sustainability infrastructure. Few traditional businesses may not realize that the entire solar energy business, for instance, is built on feed-in tariffs and building solar infrastructure for your company can be a new stream of income. Are you managing a family fund and want to create climate-forward investments for your portfolio that are risk averse? Are you running an NGO, green energy business or leading government and city policies on investment in infrastructure? We’ve tapped into one of America’s leading minds on impact investing. Take 5 minutes and dive into what Vikram Agrawal says on how green financing can spur rapid environmental turnaround.</span></p>
<p><span style="font-weight: 400;">Vikram’s EarthX Capital is run by EarthX, America’s largest environmental expo, conference, film festival, and virtual TV channel, and is a member of IUCN, International Union for Conservation of Nature. EarthX was founded in 2011 as Earth Day Dallas by environmentalist and businessman Trammell S. Crow.</span></p>
<figure id="attachment_129210" aria-describedby="caption-attachment-129210" style="width: 1845px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="size-full wp-image-129210" src="https://www.greenprophet.com/wp-content/uploads/safi-organics.jpg" alt="safi organics" width="1845" height="1230" srcset="https://www.greenprophet.com/wp-content/uploads/safi-organics.jpg 1845w, https://www.greenprophet.com/wp-content/uploads/safi-organics-350x233.jpg 350w, https://www.greenprophet.com/wp-content/uploads/safi-organics-660x440.jpg 660w, https://www.greenprophet.com/wp-content/uploads/safi-organics-768x512.jpg 768w, https://www.greenprophet.com/wp-content/uploads/safi-organics-1536x1024.jpg 1536w, https://www.greenprophet.com/wp-content/uploads/safi-organics-800x533.jpg 800w, https://www.greenprophet.com/wp-content/uploads/safi-organics-1000x667.jpg 1000w, https://www.greenprophet.com/wp-content/uploads/safi-organics-338x225.jpg 338w, https://www.greenprophet.com/wp-content/uploads/safi-organics-180x120.jpg 180w, https://www.greenprophet.com/wp-content/uploads/safi-organics-810x540.jpg 810w" sizes="auto, (max-width: 1845px) 100vw, 1845px" /><figcaption id="caption-attachment-129210" class="wp-caption-text"><em>Samuel Rigu, EarthX Climate Tech Prize 2021 winner and CEO and founder of Safi Organics. Safi has developed a process to manufacture fertiliser using a thermochemical treatment of crop residues such as rice husks; Wang&#8217;uru, Kenya. </em></figcaption></figure>
<p><b>Green Prophet to Vikram Agrawal: Tell us a little about your background?</b></p>
<p><span style="font-weight: 400;">Vikram: I am a mission-driven, operationally-focused investment and management professional with an ethos that everyone deserves an opportunity to be successful, however they define success. I have nearly 15 years of experience across several industry sectors in the United States and the emerging markets (Latin America &amp; the Caribbean and emerging Europe, Middle East, &amp; Africa). </span></p>
<p><span style="font-weight: 400;">I started my career in investment banking and international finance focused on the emerging markets but, over the past seven years, I have been focused on US private equity, having worked with both companies in need of a strategic or operational turnaround as well as  those in full-on growth mode.</span></p>
<p><span style="font-weight: 400;">While developing several investment theses related to sustainability and resiliency, I met Trammell S. Crow, a well-respected Texan environmentalist, businessman, and philanthropist. Trammell founded EarthX, an international environmental nonprofit organization based in Dallas, Texas that is dedicated to educating and inspiring people and organizations to take action towards a more sustainable future.</span></p>
<p><span style="font-weight: 400;">Trammell and I decided to partner together where I would have a dual mandate. I am launching a private investment firm focused on sustainability &amp; resilience-related companies. In addition, I am helping lead the EarthxCapital team which has a mission to develop an investment, business, innovation, and deal-making ecosystem focused on leading and catalyzing impact and action. </span></p>
<p><span style="font-weight: 400;">My passion for sustainability, conservation, and resiliency started when I was young. It fully blossomed nearly twenty years ago when I had the opportunity to work on sustainability initiatives in rural India. I witnessed how solar energy installations, water conservation, and better agricultural practices could drastically improve people’s lives and provide them with critical resources that I took for granted growing up here in the United States. </span></p>
<p><span style="font-weight: 400;">Since then, I have realized that sustainability is not only important for the earth, for environmental justice, and for tackling broader social challenges –– including creating millions of much-needed jobs. I realize that sustainability is critical for business and investments by driving profitability, enhancing value, and driving risk-adjusted returns.</span></p>
<p><b>Why do we need such an event, and why now?</b></p>
<p><span style="font-weight: 400;">In April 2021, we hosted the 5</span><span style="font-weight: 400;">th</span><span style="font-weight: 400;"> annual invitation-only <a href="https://earthx.org/conference/e-capital-summit/">E-Capital Summit</a>. EarthxCapital’s signature event of the year seeks to convene, inspire, and catalyze action from hundreds of global investment firms, early to late-stage innovators, established global companies, industry leaders, policymakers, incubators &amp; accelerators, dealmakers, and researchers. Our objective is to have substantial, positive impacts on investments, businesses, people and our planet.</span></p>
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-129198" src="https://www.greenprophet.com/wp-content/uploads/e-capital-summit.jpg" alt="e-capital summit, earthx, vikram agrawal" width="1280" height="720" srcset="https://www.greenprophet.com/wp-content/uploads/e-capital-summit.jpg 1280w, https://www.greenprophet.com/wp-content/uploads/e-capital-summit-350x197.jpg 350w, https://www.greenprophet.com/wp-content/uploads/e-capital-summit-660x371.jpg 660w, https://www.greenprophet.com/wp-content/uploads/e-capital-summit-768x432.jpg 768w, https://www.greenprophet.com/wp-content/uploads/e-capital-summit-800x450.jpg 800w, https://www.greenprophet.com/wp-content/uploads/e-capital-summit-1000x563.jpg 1000w, https://www.greenprophet.com/wp-content/uploads/e-capital-summit-400x225.jpg 400w, https://www.greenprophet.com/wp-content/uploads/e-capital-summit-180x101.jpg 180w, https://www.greenprophet.com/wp-content/uploads/e-capital-summit-960x540.jpg 960w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></p>
<p><span style="font-weight: 400;">In a highly polarized society that is dominated by misinformation, we take great pride in convening a diverse group of individuals and organizations representing a diverse group of perspectives in the middle of America: Dallas, Texas. We actively seek all perspectives and civil (and well-informed) discourse from all parties, regardless of the industry or profession you represent or whether you are a Democrat or Republican, climate change believer or denier, pure capitalist or philanthropist. We urgently need to have more inclusive debates with opposing views where we learn to collaborate and value each other’s diverse perspectives to better develop solutions.</span></p>
<p><span style="font-weight: 400;">What we all need to realize is that a majority of us share similar values and goals and that it will take a holistic solution from the investment, business, policy, research, civic, and non-profit communities partnering together to solve short-term and long-term challenges. At the end of the day, we all want clean water &amp; air, a resilient economy and supply chains, jobs for millions of Americans, power &amp; energy, and a better future for generations to come. </span></p>
<p><span style="font-weight: 400;">However, being sustainable is trending and sexy today. Don’t get me wrong: this is great but it could also lead to “greenwashing” and have negative implications if investors lose capital, like they did a decade ago in the last cleantech bubble, especially if the public markets’ “ESG play” falters. </span></p>
<p><span style="font-weight: 400;">Many traditional investors and businesses are wary of this but will continue to do what they can to “check the box” if large investors and consumers demand this. Therefore, to truly have sustainable sustainability, it’s critical to show how sustainability and profitability are not mutually exclusive, but in fact go hand-in-hand. It’s our  mission to show how sustainability can improve a company’s profitability, improve resiliency, and create a greater Strategic Value Proposition thereby enhancing value and increasing risk-adjusted returns.</span></p>
<p><b>How is the investment climate different under Biden?</b></p>
<p><span style="font-weight: 400;">Even prior to President Biden being sworn in as President, there was significant interest in sustainability investing. The International Finance Corporation, a World Bank Group, estimates that in 2020, ~$2.1 trillion AUM of a total of $10 trillion AUM was focused on impact investing in private markets. </span></p>
<p><span style="font-weight: 400;">However, President Biden is providing guardrails for sustainability investing through his fiscal policy and regulatory agenda. For example, billions of dollars in the infrastructure bill will support many cleantech and sustainability-related initiatives including EV infrastructure, energy/power grid resilience, and water infrastructure. Unfortunately, investors will be wary of such changes (especially if they are done via Executive Order or without bipartisan support), as they could be easily undone by a new Administration.</span></p>
<p><span style="font-weight: 400;">It remains unclear what the Biden Administration’s impact will be on sustainability investing but I’d bet most people would say that it will have a very positive short-term and long-term effect.</span></p>
<p><b>How has Covid changed anything in Impact investing?</b></p>
<p><span style="font-weight: 400;">First off, please allow me to offer my condolences and thoughts with the millions of people around the world who were impacted by COVID-19 and the global pandemic, which continues to ravage on. Unfortunately, millions of people around the world lost their lives and an even greater number of people will be impacted for years to come due to various economic, social, and health &#8211; physical and mental &#8211;  challenges. We will need to develop innovative solutions to overcome those challenges.</span></p>
<p><span style="font-weight: 400;">To answer your question, impact investing can mean different things depending on who you ask. For the purpose of our discussion today, I’ll be focusing on environmental sustainability related issues given the focus of EarthX; however, that doesn’t diminish the importance of many other critical topics and challenges that are being addressed by a variety of impact investors including Diversity, Equity, and Inclusion; inequality and justice; health and wellness; access to education, and many more.</span></p>
<p><span style="font-weight: 400;">The pandemic highlighted the importance of resilience but also magnified the global inequalities and challenges faced by many daily, many of which are addressed by the UN’s Sustainable Development Goals (SDGs). From a COVID-19 prevention and treatment perspective, millions of people do not have access to clean drinking water &#8211; or even water to wash your hands &#8211; nor do they have access to proper nutrition (giving your body and its immune system to fight a virus). </span></p>
<p><span style="font-weight: 400;">These are only a few examples of the many investment opportunities that comprise the $2.5 trillion annual financing gap needed to achieve the SDGs</span><span style="font-weight: 400;">. Many investors have responded by focusing their investment and philanthropic endeavors in underserved communities and look to be creative in finding opportunities to address these challenges. Given Covid-19, there may be greater emphasis, which is very much needed, on topics and investment theses related to environmental justice and health and wellness.</span></p>
<p><b>Can you give us three trends to look out for in the coming year?</b></p>
<p><i><span style="font-weight: 400;">Tension between greenwashing and defining what sustainability means</span></i></p>
<p><span style="font-weight: 400;">It seems like every week we hear an announcement from a major financial institution or corporate leader on their massive investment or pledge towards a new ESG or sustainability-focused strategy. </span></p>
<p><span style="font-weight: 400;">As an environmentalist, I’m excited to see the news every week but am wary if such announcements will convince traditional investors and businesses to execute long-lasting strategies. For example, I see this challenge with carbon offsets. First, I’d argue that carbon or GHG footprint reductions by operational or business plan improvements are in fact better than carbon offsets from unrelated sources. </span></p>
<p><span style="font-weight: 400;">Footprint reductions are permanent solutions and can hopefully be good for business profitability, which also leaves more offsets for other essential businesses unable to change operationally or a stronger foundation to rebuild the environment. Second, as Bloomberg has reported before, there aren’t enough trees (or land) in the world to support these continued statements. Therefore, to preserve credibility we must address true measures to address sustainability, but what does “sustainability” actually mean?</span></p>
<p><span style="font-weight: 400;">I always joke that if you ask five different people what sustainability means, you get ten different answers. However, as major institutional investors and public/private asset managers continue to employ and pledge trillions dollars of assets towards “sustainability” investment strategies, it will be important to define what constitutes sustainability. </span></p>
<p><span style="font-weight: 400;">As a pragmatist, and as a newly adopted Texan, I am excited to highlight how traditional energy companies are making oil and gas operations more sustainable. Oil and gas is critical to our economy, employs millions of Americans, and is a valuable resource for multiple end-products. While still holding the industry accountable for its actions, we should bring them to the table and celebrate their efforts, not shun them. </span></p>
<p><span style="font-weight: 400;">However, I’m sure many of your readers and many of my friends are raising their eyebrows as I put sustainability and oil and gas in the same sentence. So I ask, is making oil and gas a more environmentally-friendly sustainability strategy? I think so but others may disagree.</span></p>
<p><i><span style="font-weight: 400;">Developing measurable metrics</span></i></p>
<p><span style="font-weight: 400;">In addition, it will be important to identify standardized specific and quantifiable metrics, both of which have inhibited acceptance among traditional investors. The Biden Administration has already started to broach this issue and I’d expect some critical discussion in the coming months. </span></p>
<p><span style="font-weight: 400;">For example, the Wall Street Journal has done great coverage on this subject especially looking at companies deemed to be ESG top-performers and how various rating agencies ranked these companies differently on their sustainability scorecard due to differing metrics. Investors and businesses prefer standardization and certainty. It’s hard to plan if the goal line keeps moving.</span></p>
<p><i><span style="font-weight: 400;">Resilience</span></i></p>
<p><span style="font-weight: 400;">Resilience is the new buzz word and will be one of the most important topics for discussion across industry verticals globally. As with sustainability, resilience will become a dominant discussion topic especially as individuals and businesses grapple with increasing disruptions related to everyday activities. </span></p>
<p><span style="font-weight: 400;">A recent conversation with a major US city’s Chief Resilience Officer reminded me how resilience encompasses a broad range of issues. However, my current focus is on environmental and severe adverse weather resilience. COVID-19 and the recent February winter storms highlighted how ill-prepared our mission-critical industries are to shocks to the system. </span></p>
<p><span style="font-weight: 400;">As we begin to recover from COVID-19, I expect this to be a topic at more dining room tables, in more boardrooms, and in the halls of Washington, DC.</span></p>
<p><b>What kinds of businesses are most at risk if they don’t start to think “impact”?</b></p>
<p><span style="font-weight: 400;">Not to sound cliché, but every single business will be at risk. However, it will not be a one-size fits all strategy. For example, climate change and severe adverse weather events will have an impact on critical infrastructure assets, global supply chains, and the built environment. Not only will key industries like power, water, and food/ag be impacted (thereby challenging millions of Americans and billions of humans around the world), severe adverse weathers will affect all industries. </span></p>
<p><span style="font-weight: 400;">Mother Nature doesn’t know the difference between Blue and Red states. According to the NOAA, over the past 40 years, the United States has had more than 250 severe adverse weather events that have caused more than a billion dollars of damage (inflation adjusted) totaling more than $1.7 trillion… important to note that this doesn’t even include the hundreds of other “smaller” severe adverse weather events that happen each year across the country. This has a direct financial impact on insurance companies and businesses seeking access to insurance and capital.</span></p>
<p><span style="font-weight: 400;">From a finance perspective, it feels like every week you hear of another international financial institution that proclaims their intention to limit their exposure to fossil fuels, thereby increasing the cost of capital for companies with high exposure to such resources. With increased costs of capital, the energy industry will face reduced returns and capital expenditures thereby increasing the cost of traditional energy. </span></p>
<p><span style="font-weight: 400;">This, interestingly enough, could make alternative fuels and sustainable forms of energy more attractive from a cost competitiveness basis thereby giving them sufficient time to mature and increasing long-term competitiveness as compared (think of the drop in cost per unit of energy from solar and wind technology given increased adoption over the past two decades). </span></p>
<p><b>Can you give us an example of innovation in sustainability investing? I brought up the idea of solar and feed-in tariffs, can you give another?</b></p>
<p><span style="font-weight: 400;">I’ve learned that one of the greatest challenges for sustainability investing is the lack of patient capital for truly innovative enterprises. Unlike other innovations or industries, many clean technology and sustainability-related solutions take time to develop, commercialize, and eventually drive a return. </span></p>
<p><span style="font-weight: 400;">In addition, unfortunately, political gridlock has also inhibited private and public capital inflows for solving less sexy sustainability-related issues like infrastructure. Therefore, as I have learned of different forms of “innovation” in sustainability investing I’ve been impressed by many organizations that are looking to solve those problems. However, two firms &#8211; both past E-Capital panelists &#8211; with innovative financing models have come to mind:</span></p>
<p><span style="font-weight: 400;">Prime Coalition is a 501(c)(3) public charity that partners with mission-aligned investors to support extraordinary companies that combat climate change, have a high likelihood of achieving commercial success, and would otherwise have a difficult time raising adequate financial support to scale. Prime has leveraged catalytic capital, including grants and program-related investments, to drive much needed investment in innovative companies from patient and risk-tolerant capital providers. Most importantly, they don’t look to sacrifice returns while supporting industry game-changers.</span></p>
<p><span style="font-weight: 400;">Quantified Ventures is leading outcomes-based financing solutions across the country, solutions very much needed to solve our country’s environmental and aging infrastructure crisis. The firm is credited with structuring the first ever Environmental Impact Bond in the United States for DC Water, which helped them solve several challenges. DC Water was able to implement green infrastructure through an approach that shared performance risk with investors by linking their returns to the project’s success. I expect an increase of these forms of investment/financial structures throughout the country.</span></p>
<p><b>If you had unlimited capital, where would you put it first? 3 ideas &#8212; you have access to a magic genie </b></p>
<p><span style="font-weight: 400;">I think this is a better question for folks who are much smarter and more experienced than me (and with a lot more capital)! However, based on my experience, the following examples could be some of the greatest opportunities (in addition to the themes I’ve mentioned previously like resilience which I’ve been thinking about for several years now):</span></p>
<p><i><span style="font-weight: 400;">Sustainable Solutions for traditional industry</span></i></p>
<p><span style="font-weight: 400;">Although we like to focus on easily marketable and identifiable sustainability initiatives (like replacing plastic straws), true fundamental changes to consumer or business behavior will be needed to move the needle. </span></p>
<p><span style="font-weight: 400;">For example, investing in corporate sustainability and resilience is great for business and investments by improving profitability, strengthening business resilience, creating a greater Strategic Value Proposition, and enhancing value for all stakeholders thereby increasing risk-adjusted returns. </span></p>
<p><span style="font-weight: 400;">Inflation adjusted, the US economy has grown ~2% over the past 20 years and ~3% since World War II, however no investor or business would deem that as a high ROI for an individual investment. Therefore, if top-line growth is focused to be so low, then significant measures need to be taken to improve gross margins and operating margins, thereby improving net profit margins. </span></p>
<p><span style="font-weight: 400;">These initiatives (like the <a href="https://www.greenprophet.com/2020/06/sustainable-urban-design-in-rotterdam-my-hometown-your-green-model/">Circular Economy</a>) can be good for business but also great for people and the environment, especially when they concern efficient use of materials and critical resources like energy and water. McKinsey &amp; Company has done several studies that support how sustainability and profitability can go hand-in-hand. If I had unlimited capital I’d be targeting these areas as the opportunities are endless and can help sway traditional businesses and investors to implement simple measures.</span></p>
<p><i><span style="font-weight: 400;">Supply chains for leading innovators</span></i></p>
<p><span style="font-weight: 400;">Everyone likes to highlight the business and financial success of industry-leading sustainability innovators like Tesla, Chargepoint, AppHarvest, NextEra Energy, and point to them as the best sustainability-focused investment opportunities. That could be true, but I think you also need to focus on the incredibly diverse set of companies that are needed to support these large enterprises and their supply chains. </span></p>
<p><span style="font-weight: 400;">If we expect growth in any of the sustainability-focused end markets, capital (and patience) will be needed for those businesses that are supporting sustainability innovation and completely new industries. </span></p>
<p><i><span style="font-weight: 400;">EV Infrastructure and energy storage</span></i></p>
<p><span style="font-weight: 400;">Regarding an industry-specific opportunity, I believe that Mobility, in particular EVs, is one of the hottest sectors for the public and private investment markets. Now, before I start greenwashing you, let’s be reminded that EV cars only represent ~2% of the US car market today. However, this is a significant increase from the past decade where some reports put market share at less than 0.2%! </span></p>
<p><span style="font-weight: 400;">Earlier this year, California announced that all new car sales will need to be electric by 2035. As published in the journal Nature Climate Change, University of Toronto researchers found that 90% of US cars would need to be electric by 2050 to meet stated climate goals. </span></p>
<p><span style="font-weight: 400;">However, according to a Deloitte consumer auto study, the greatest concern for 54% of Americans was the perceived shorter driving range and lack of EV charging infrastructure.</span><span style="font-weight: 400;"> If investment professionals, policy makers and the auto industry hope to capitalize on the tremendous environmental, business, and investment opportunity, this issue must be addressed. We need greater EV infrastructure to support the increase in EV unless you think Green Hydrogen is a more realistic proposition.</span></p>
<p>::<a href="https://earthx.org/">EarthX</a></p>
<p>The post <a href="https://www.greenprophet.com/2021/07/sustainable-investing-earthx/">EarthX and a blueprint for sustainable investing</a> appeared first on <a href="https://www.greenprophet.com">Green Prophet</a>.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Sunny Solar Outlook For Middle East and North Africa</title>
		<link>https://www.greenprophet.com/2013/01/sunny-solar-outlook-for-middle-east-and-north-africa/</link>
					<comments>https://www.greenprophet.com/2013/01/sunny-solar-outlook-for-middle-east-and-north-africa/#comments</comments>
		
		<dc:creator><![CDATA[Faisal O'Keefe]]></dc:creator>
		<pubDate>Fri, 18 Jan 2013 19:21:41 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[concentrated solar power]]></category>
		<category><![CDATA[Desertec]]></category>
		<category><![CDATA[feed-in-tariffs]]></category>
		<category><![CDATA[Masdar]]></category>
		<category><![CDATA[photovoltaics]]></category>
		<category><![CDATA[Shams]]></category>
		<category><![CDATA[solar power]]></category>
		<guid isPermaLink="false">http://www.greenprophet.com/?p=88835</guid>

					<description><![CDATA[<p>The Middle East and North Africa (MENA) are expected to bring 3.5GW of solar capacity online by 2015: Saudi Arabia and Turkey lead the way. A new report published by Green Tech Media (GTM) Research pins the surge from today&#8217;s near-negligible production on rapidly rising energy demand spurred by MENA economic expansion, population growth, and [&#8230;]</p>
<p>The post <a href="https://www.greenprophet.com/2013/01/sunny-solar-outlook-for-middle-east-and-north-africa/">Sunny Solar Outlook For Middle East and North Africa</a> appeared first on <a href="https://www.greenprophet.com">Green Prophet</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong><img loading="lazy" decoding="async" class="alignnone size-full wp-image-88892" src="https://www.greenprophet.com/wp-content/uploads/2013/01/masdar-shams-1-solar-energy-560x296.jpg" alt="masdar-shams-1-solar-energy" width="560" height="296" srcset="https://www.greenprophet.com/wp-content/uploads/2013/01/masdar-shams-1-solar-energy-560x296.jpg 560w, https://www.greenprophet.com/wp-content/uploads/2013/01/masdar-shams-1-solar-energy-560x296-350x185.jpg 350w, https://www.greenprophet.com/wp-content/uploads/2013/01/masdar-shams-1-solar-energy-560x296-150x79.jpg 150w, https://www.greenprophet.com/wp-content/uploads/2013/01/masdar-shams-1-solar-energy-560x296-300x159.jpg 300w" sizes="auto, (max-width: 560px) 100vw, 560px" /></strong><strong style="font-size: 13px; line-height: 19px;">The Middle East and North Africa (MENA) are expected to bring 3.5GW of solar capacity online by 2015: Saudi Arabia and Turkey lead the way.</strong></p>
<p><span style="color: #000000;">A new report published by <a href="http://www.greentechmedia.com/research/">Green Tech Media (GTM) Research</a> pins t</span><span style="color: #000000;">he surge from today&#8217;s near-negligible production on rapidly rising energy demand spurred by MENA economic expansion, population growth, and urbanization. </span><span style="color: #000000; font-size: 13px; line-height: 19px;">It helps that the region is supersaturated with sunlight.</span></p>
<p><span style="color: #000000;">Factor in rising opposition to nuclear development and growing public awareness of the environmental sins of fossil fuels, and solar&#8217;s sunny reception makes perfect sense. Plus r</span><span style="color: #000000;">enewables, specifically concentrated solar (CSP) and photovoltaics (PV), would provide a secure domestic substitute for state-subsidized oil-generated electricity.<span id="more-88835"></span></span></p>
<p>Saudi Arabia and Turkey are expected to account for 70 percent of MENA’s total demand; each nation has unique motivations and strategies.</p>
<p>Conservation of oil for export is driving <a href="http://www.greenprophet.com/2012/05/109-billion-solar-plan-to-power-a-third-of-saudi-arabia/">Saudi&#8217;s solar targets</a>: 16GW of PV and 25GW of CSP by 2030. Turkey’s swing towards solar is a defense against its tenuous reliance on imported Russian and Iranian gas.</p>
<p>Saudi production will be based on large-scale ground-mounted arrays and CSP plants.  Turkey will go with commercial and industrial rooftop PV segments.</p>
<p>In 2005, Turkey was the first MENA nation to establish a <a href="http://www.greenprophet.com/2011/01/turkey-passes-feed-in-tariffs-to-encourage-renewable-energy/">feed-in tariff (FIT)</a>, a limited program that failed to create adequate demand to attract large manufacturing. But with a retooled FIT in place and favorable renewable energy policies, Turkey&#8217;s predicted to experience significant PV demand.  The nation has a 2023 solar target of 3GW, a planned capacity that GTM believes they&#8217;ll significantly exceed.</p>
<p>Abu Dhabi is moving forward with <a href="http://www.greenprophet.com/2012/02/tour-shams-1-menasol-2012/">Shams-1</a>, the world&#8217;s largest single-unit (100MW) concentrating solar power plant. Qatar plans to install 1.8 GW of PV capacity by 2014 and Dubai aims to source 5% of its power supply from solar by 2030. Then there&#8217;s Abu Dhabi&#8217;s EU-backed <a href="http://www.desertec.org/">Desertec project</a>.</p>
<p><strong>Jordan and Morocco also have solar ambitions.</strong></p>
<p>Last December,  Jordan announced the kingdom&#8217;s first FIT. Energy Regulatory Commission (ERC) Commissioner Mohammad Hamid told <a href="http://www.pv-tech.org/news/jordan_announces_first_renewables_fit">pv-tech</a>,“With rising international oil prices, the government has been looking for ways to reduce electricity demand and costs. We found that the best way to achieve both is by encouraging Jordanians to go solar.” ERC claims that solar could save individuals and small to medium sized businesses up to 70% on their monthly bills.</p>
<p>Intentionality is great, but implementation demands strong policies and reasonable regulatory frameworks. In a region experiencing dramatic political and social change, solar&#8217;s future remains dubious.<span style="color: #000000;"> </span></p>
<p><span style="color: #000000;">The report was authored GTM Research analyst Scott Burger </span><span style="color: #000000;">in collaboration with the </span><span style="color: #000000;"><a href="http://www.emiratessolar.com/">Emirates Solar Industry Association</a>.  Burger presented highlights at </span>the <a href="https://www.google.com/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=1&amp;cad=rja&amp;ved=0CDAQFjAA&amp;url=http%3A%2F%2Fwww.worldfutureenergysummit.com%2F&amp;ei=-ibwULDiBsG10QHvkICQDg&amp;usg=AFQjCNFuxYJQA0Ou6hOLGyLFSFiW1MGmOg&amp;bvm=bv.1357700187,d.dmQ">World Future Energy Summit</a> <span style="color: #000000;">on January 16th, describing</span><span style="color: #000000;"> major stakeholders, overall market structure, and long term outlook of each solar market in the region. </span></p>
<p><span style="color: #000000;">The full report is  available for purchase on the <a href="http://www.greentechmedia.com/research/report/mena-solar-market-outlook-2013-2017">GTM website</a>.</span></p>
<p><em>Top image via Shams Youtube Video</em></p>
<p>The post <a href="https://www.greenprophet.com/2013/01/sunny-solar-outlook-for-middle-east-and-north-africa/">Sunny Solar Outlook For Middle East and North Africa</a> appeared first on <a href="https://www.greenprophet.com">Green Prophet</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://www.greenprophet.com/2013/01/sunny-solar-outlook-for-middle-east-and-north-africa/feed/</wfw:commentRss>
			<slash:comments>1</slash:comments>
		
		
			</item>
		<item>
		<title>Jordan&#8217;s Feed-in-Tariff for Renewable Energy is an Arab World First</title>
		<link>https://www.greenprophet.com/2012/12/jordans-feed-in-tariffs/</link>
					<comments>https://www.greenprophet.com/2012/12/jordans-feed-in-tariffs/#comments</comments>
		
		<dc:creator><![CDATA[Tafline Laylin]]></dc:creator>
		<pubDate>Mon, 10 Dec 2012 20:47:59 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[clean tech]]></category>
		<category><![CDATA[feed-in-tariffs]]></category>
		<category><![CDATA[solar power]]></category>
		<category><![CDATA[wind power]]></category>
		<guid isPermaLink="false">http://www.greenprophet.com/?p=86932</guid>

					<description><![CDATA[<p>Jordan is the first country in the Arab world to offer its residents an opportunity to earn money through feed-in-tariffs (FITs). The Electricity Regulatory Commission (ERC) announced last week that citizens of one of the world&#8217;s most fuel-deprived nations can sell energy generated with solar panels for 120 fils per kilowatt/hour (kw/h) and wind power [&#8230;]</p>
<p>The post <a href="https://www.greenprophet.com/2012/12/jordans-feed-in-tariffs/">Jordan&#8217;s Feed-in-Tariff for Renewable Energy is an Arab World First</a> appeared first on <a href="https://www.greenprophet.com">Green Prophet</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><a href="http://www.greenprophet.com/2012/12/jordans-feed-in-tariffs/the-flag-of-jordan/" rel="attachment wp-att-86951"><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-86951" title="The Flag of Jordan" src="https://www.greenprophet.com/wp-content/uploads/2012/12/The-Flag-of-Jordan.gif" alt="Feed-in-tariffs, Jordan, Hashemite Kingdom, clean tech, solar power, wind power, ERC" width="560" height="374" /></a>Jordan is the first country in the Arab world to offer its residents an opportunity to earn money through <a href="http://www.greenprophet.com/tag/feed-in-tariffs/">feed-in-tariffs (FITs)</a>. The Electricity Regulatory Commission (ERC) announced last week that citizens of one of the world&#8217;s most fuel-deprived nations can sell energy generated with <a href="http://www.greenprophet.com/2012/11/egypt-power-supply/">solar panels</a> for 120 fils per kilowatt/hour (kw/h) and <a href="http://www.greenprophet.com/2012/10/shattel-power-wind-turbine-stars-of-science/">wind power</a> for  85 fils per kw/h, <em>The Jordan Times</em> reports. Albeit seemingly insignificant, the move is expected to mitigate the dual problems of excess energy consumption and unfulfilled demand.</p>
<p><span id="more-86932"></span></p>
<p>Instituting FITs for energy generated using renewable sources is the last in a series of measures taken by Jordan to <a href="http://www.greenprophet.com/2012/10/jordan-solar-water-heater-law/">bridge the gap between its energy demand and supply</a>.</p>
<p>“With rising international oil prices, the government has been looking for ways to reduce electricity demand and costs,” ERC Chief Commissioner Mohammad Hamid told reporters, according to the paper.</p>
<p>“We found that the best way to achieve both is by encouraging Jordanians to go solar.”</p>
<p>Individuals, small businesses and the industrial sector are encouraged to use the new FIT system, which could facilitate energy savings of up to 70 per cent each month.</p>
<p>&#8220;A large factory can save as much as JD11,799 (USD16, 641.75) per year with a 50 kilowatt solar array,&#8221; the ERC noted.</p>
<p>Like its neighbor Israel, the Hashemite Kingdom has <a href="http://www.greenprophet.com/2012/03/an-israel-alone-dependent-on-natural-gas/">long relied on natural gas from Egypt</a> to satiate a growing energy demand &#8211; an unhealthy dependence underscored by a series of attacks on Egypt&#8217;s pipelines over the two years.</p>
<div>
<p>While the new FIT program will slash Jordan&#8217;s energy consumption and slow its greenhouse gas emissions, and this is a positive development, this new policy should not be seen as an altruistic measure.</p>
<p>Jordan is so desperate to strengthen its resilience to changes in an already wobbly energy supply chain, it will accept just about any source &#8211; regardless of its environmental impact.</p>
<p>This is best illustrated by the Ministry of Energy and Mineral Resources&#8217; near unchecked plan to build oil shale plants throughout the Kingdom. The most recent Memorandum of Understanding signed with <a href="http://gosh.com.co/">Global Oil Shale Holdings</a> (GOSH) is the fourth such deal penned to date.</p>
<p>Even so, the ERC&#8217;s announcement ushers in a new era of possibility. Whilst there is little indication that Jordanian residents will receive much assistance to purchase their solar panels, which cost up to $2,500, the payback period should end within five to seven years of the initial investment.</p>
<p>:: <a href="http://jordantimes.com/article/regulatory-commission-sets-electricity-buy-back-rates">Jordan Times</a></p>
</div>
<p>The post <a href="https://www.greenprophet.com/2012/12/jordans-feed-in-tariffs/">Jordan&#8217;s Feed-in-Tariff for Renewable Energy is an Arab World First</a> appeared first on <a href="https://www.greenprophet.com">Green Prophet</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://www.greenprophet.com/2012/12/jordans-feed-in-tariffs/feed/</wfw:commentRss>
			<slash:comments>1</slash:comments>
		
		
			</item>
		<item>
		<title>Jordan Mandates Domestic Solar Water Heating</title>
		<link>https://www.greenprophet.com/2012/10/jordan-solar-water-heater-law/</link>
					<comments>https://www.greenprophet.com/2012/10/jordan-solar-water-heater-law/#comments</comments>
		
		<dc:creator><![CDATA[Faisal O'Keefe]]></dc:creator>
		<pubDate>Sun, 14 Oct 2012 15:41:34 +0000</pubDate>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[Lifestyle]]></category>
		<category><![CDATA[environmental law]]></category>
		<category><![CDATA[feed-in-tariffs]]></category>
		<category><![CDATA[Jordan]]></category>
		<category><![CDATA[renewable energy]]></category>
		<category><![CDATA[solar water heaters]]></category>
		<guid isPermaLink="false">http://www.greenprophet.com/?p=84119</guid>

					<description><![CDATA[<p>Jordan passes new building codes requiring solar water heaters on all new commercial and residential buildings. It&#8217;s about time: Regulations come into effect in April 2013 and make solar water heaters obligatory for every new residence (including apartments) sized 150 m2 or greater in Jordan where there is ample sun. Private houses sized a minimum [&#8230;]</p>
<p>The post <a href="https://www.greenprophet.com/2012/10/jordan-solar-water-heater-law/">Jordan Mandates Domestic Solar Water Heating</a> appeared first on <a href="https://www.greenprophet.com">Green Prophet</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong><a href="http://www.greenprophet.com/2012/10/jordan-solar-water-heater-law/solar-water-egypt-2/" rel="attachment wp-att-84121"><img loading="lazy" decoding="async" class="alignnone size-large wp-image-84121" src="https://www.greenprophet.com/wp-content/uploads/2012/10/solar-water-egypt-560x372.jpg" alt="solar" width="560" height="372" srcset="https://www.greenprophet.com/wp-content/uploads/2012/10/solar-water-egypt-560x372.jpg 560w, https://www.greenprophet.com/wp-content/uploads/2012/10/solar-water-egypt-350x232.jpg 350w, https://www.greenprophet.com/wp-content/uploads/2012/10/solar-water-egypt-660x439.jpg 660w, https://www.greenprophet.com/wp-content/uploads/2012/10/solar-water-egypt-768x511.jpg 768w, https://www.greenprophet.com/wp-content/uploads/2012/10/solar-water-egypt-632x420.jpg 632w, https://www.greenprophet.com/wp-content/uploads/2012/10/solar-water-egypt-150x100.jpg 150w, https://www.greenprophet.com/wp-content/uploads/2012/10/solar-water-egypt-300x200.jpg 300w, https://www.greenprophet.com/wp-content/uploads/2012/10/solar-water-egypt-696x463.jpg 696w, https://www.greenprophet.com/wp-content/uploads/2012/10/solar-water-egypt.jpg 800w" sizes="auto, (max-width: 560px) 100vw, 560px" /></a></strong><strong>Jordan passes new building codes requiring solar water heaters on all new commercial and residential buildings.</strong></p>
<p>It&#8217;s about time: Regulations come into effect in April 2013 and make <a href="http://www.greenprophet.com/2011/12/cyprus-solar-hot-water-heater/">solar water heaters</a> obligatory for every new residence (including apartments) sized 150 m2 or greater in Jordan where there is ample sun. Private houses sized a minimum of 250 m2 and office spaces sized a minimum 100 m2 must also comply. Finally Jordan&#8217;s rooftops and side yards will capitalize on the nearly 330 days of sunshine that they bask in every year, just as we&#8217;ve seen in Turkey, <a href="http://www.greenprophet.com/2011/12/cyprus-solar-hot-water-heater/">Cyprus</a>, <a href="http://www.greenprophet.com/2010/05/solar-water-cairo/">Egypt</a> and Israel.<span id="more-84119"></span></p>
<p>To help households make the solar switch, the Ministry of Energy and the <a href="http://www.jordanriver.jo/">Jordan River Foundation</a> have teamed up to provide $1.8 million in loans to purchase and install all necessary equipment.</p>
<p>In a related measure, Minister of Energy Alaa Batayneh confirmed that new regulations will allow citizens and businesses to <a href="http://www.greenprophet.com/2012/03/dubai-might-buy-solar-off-roofs/">sell surplus solar power back to the national grid</a>. This kind of solar power will come from homes and businesses that set up solar voltaic panels as solar hot water heaters use thermal energy to heat water. They don&#8217;t create electricity.</p>
<p>“Under this decision, private citizens, businesses and hotels can sell [up to 5 MW of surplus power] directly to public electric utilities and we believe that this is a big step forward for the renewable energy sector,” he said in a press conference, according to The Jordan Times. The recently endorsed Renewable Energy Law had limited sell-back of privately-generated power to 1 MW.</p>
<p>The Electricity Regulatory Commission and the Jordan Electricity Distribution Company are setting the purchase price for citizen-sourced power.  Batayneh indicated that the rate will be set at “current generation costs”.</p>
<p>Domestic water heating makes simple use of solar power: units usually consist of a solar collector with a water storage tank mounted right above the panel.  This type of system is especially efficient: hot water rises to a roof-mounted storage tank through natural thermosiphoning, no mechanical pumping is required.</p>
<p>Despite affordable technology and abundant sunshine, Jordan&#8217;s use of solar water heating has been dropping overall. Industry experts blame slow adoption of this simple solar system on inadequate building regulation.  The new measures are viewed as a government attempt to revive the Kingdom’s domestic conversion to renewable energy.</p>
<p>The <a href="http://www.greenprophet.com/2012/06/jordan-renewable-energy/">Renewable Energy Law</a> provides incentives for investment in solar and wind energy projects in order to achieve the national energy goal of having renewable sources account for 10% of Jordan’s energy mix by 2020.</p>
<p>The post <a href="https://www.greenprophet.com/2012/10/jordan-solar-water-heater-law/">Jordan Mandates Domestic Solar Water Heating</a> appeared first on <a href="https://www.greenprophet.com">Green Prophet</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://www.greenprophet.com/2012/10/jordan-solar-water-heater-law/feed/</wfw:commentRss>
			<slash:comments>3</slash:comments>
		
		
			</item>
	</channel>
</rss>
