05 January 2017

The RE100 and the Future of Corporate PPAs

Demand for sustainable energy is increasing with corporates facing growing environmental and economic pressures. In this Spark – Energy Insight The RE100 and the Future of Corporate PPAs, FTI Intelligence explores the rising corporate interest in direct sourcing of renewable energy, the influence of global initiatives, such as the RE100, and how this may impact

14 December 2016

Renewables, Trumped: Implications for the U.S. Energy Sector

Trump’s election brings significant uncertainty to the renewables industry; more clarity regarding the outlook will be derived from his appointments to energy-related federal departments. The president-elect has indicated that it is likely that both the Clean Power Plan and the Paris Agreement will be revoked, however the fate of the investment and production tax credits

24 October 2016

Tesla & SolarCity: As Easy as Pie?

From the day it was announced, Tesla’s bid to acquire SolarCity faced deep skepticism from the media, market commentators and investors themselves. While audiences continue to debate the outcome of the proposed merger, consensus sentiment remains negative. In this Spark – Energy Insight Tesla & SolarCity: As Easy as Pie? FTI Intelligence carefully evaluates the

06 July 2016

The Rise of the Corporate PPA in Europe?

The corporate PPA market has grown dramatically in the US, but this growth has not been mirrored within Europe. In this Spark – Energy Insight The Rise of the Corporate PPA in Europe? FTI Intelligence provides analysis on the reasons Europe is lagging behind the US, how these obstacles are being overcome and how we

30 June 2016

Let the Sparks Fly: The (Net) Meter Is Running on Tesla’s Bid for SolarCity

Investors and commentators alike were caught off-guard by Tesla’s offer to purchase SolarCity – but should they have been? In this Spark – Energy Insight Let the Sparks Fly: The (Net) Meter Is Running on Tesla’s Bid for SolarCity, FTI Intelligence examines the key financial, operational and regulatory challenges and implications of combining both companies.

14 June 2016

Evolution of the Corporate PPA

The Corporate PPA market has expanded considerably in recent years especially within the US. In this Spark – Energy Insight Evolution of the Corporate PPA, FTI Intelligence provides analysis on the evolution of the Corporate PPA market and how the market for these agreements may evolve in the future, including a look at recent innovative structures.

29 March 2016

US Offshore Wind Finally Poised for Take Off

Offshore wind power generation has been on a rise worldwide ever since DONG Energy erected the first offshore wind farm in Vindeby, Demark in 1991. When the US Energy Policy Act of 2005 established an offshore leasing process, directed by the Bureau of Ocean Energy Management, it appeared that offshore wind would shortly take off

17 February 2016

New Argentina Government Opens Up Fresh Push for Wind Power

Argentina has one of the best wind energy resources in the world, but development of its potential has been frustrated by economic instability and hostility to private sector investment in the energy sector. Recently elected President Mauricio Macri has pledged to make Argentina “open for business” after years of the country having near pariah status

29 January 2016

Siemens’ Acquisition of Gamesa Would Create Global Turbine Giant

German industrial company Siemens is reportedly in talks to buy Spanish-owned wind OEM Gamesa. If successful, such a move would create the world’s biggest wind turbine manufacturer and allow Siemens to outstrip Vestas, GE and China’s Goldwind. FTI Intelligence examines the strategic factors that would favor such a move for Siemens and its potential impact

25 January 2016

Corporate Renewable PPAs Shaking Up Energy Markets

In 2015, US corporations contracted 2GW of renewable energy capacity through Power Purchase Agreements (PPAs). FTI Intelligence takes a deep dive into the corporate PPA market to examine a key emerging customer grouping for the wind and solar industries in this Spark – Energy Insight, Corporate Renewable PPAs Shaking Up Energy Markets.

04 January 2016

After the Storm – What’s Next for US Yieldcos?

The market, especially in North America, has been spooked by a combination of liquidity concerns, low energy prices, interest rate volatility and broader questions about the potential for long-term growth in the yieldco sector. Given the plunging share prices, is the value in these enterprises salvageable, or is the market telling us that the yieldco

10 December 2015

Is Bigger Better for Newly Created Wind Gearbox Giant ZF?

In December 2015, German industrial group ZF officially announced the acquisition of the industrial gears and wind turbine gearbox divisions of Bosch Rexroth AG. This acquisition is the second transaction that ZF has made in the wind sector. FTI Intelligence examines the potential impact of ZF’s acquisition in this Spark – Energy Insight, Is Bigger

07 December 2015

The Only Way Is Down – Does It Get Any Better Than This for the Wind Industry?

Following the financial collapse and years of slow growth, share prices for the major listed wind OEMs are now at six-year highs. Financial performance and margins are close to peak levels last seen in 2008/9. The question is can they still go higher and propel further share price growth? FTI Intelligence discusses industry expectations and

02 November 2015

Siemens/SEC Partnership Troubles Delaying Development of Chinese Offshore Wind Market

Barely five months after the product launch ceremony, Siemens has decided to terminate its joint ventures with Shanghai Electric (SEC). However, Siemens has licensed technology to SEC in an attempt to keep a foothold in the world’s largest wind market. In this Spark – Energy Insight Siemens/SEC Partnership Troubles Delaying Development of Chinese Offshore Wind

20 October 2015

South Africa: Renewables Surge as Country Struggles With Coal Legacy

Since August 2011, South Africa has relied on a competitive bidding process, the Renewable Energy Independent Power Producer Procurement (REIPPP) program, to add renewables capacity. The REIPPP has received international acclaim and attracted a host of international renewable players. However, South Africa’s renewable development faces challenges on three major fronts: grid constraints; the government’s coal

09 October 2015

Nordex – The Acquisition of AWP Shows Compelling Strategic Logic at a Good Price

Nordex announced that it was acquiring rival manufacturer Acciona Windpower (AWP), a subsidiary of Spanish infrastructure and energy group Acciona. In this Spark – Energy Insight Nordex – The Acquisition of AWP Shows Compelling Strategic Logic at a Good Price, FTI Intelligence evaluates the new competitive position of Nordex with respect to product range, technology,

28 September 2015

Political Storm Clouds Threaten Brazil’s Renewables Boom

Brazil’s renewable power sector continues to show strong growth. However, the wider political and economic scene is increasingly having an effect on the variables that have made Brazilian renewables so successful. A series of corruption allegations involving Brazil’s president has disrupted government funding, and the country is now officially in a recession due to a

03 September 2015

SolarCity Growth Targets Dependent on Buffalo Facility

SolarCity, the leading US residential solar installer, is on track to meet its target of one million customers in 2018. The success of its plans depends on the establishment of its manufacturing facility in Buffalo, NY. This facility will allow the company to reduce production, O&M and logistics costs. In this Spark – Energy Insight

27 August 2015

Remote Offshore Wind Farms Outperforming Expectations

Full load hours define the time that a turbine would spend at full load, if it always operated at that level. A high value for full load hours indicates strong and consistent wind conditions. This metric is a key parameter that drives the value and profitability of an offshore wind turbine. For wind farms with

13 August 2015

When a Yieldco Is Not Yielding…Caveat Emptor?

The yieldco phenomenon is a recent innovation in financing clean energy projects. Investor demand is driven by a relatively high dividend yield compared to current equity and bond yields. The industry remains in infancy with only 15 yieldcos worldwide listed, mostly over the past two years and 14 total expected futures. The US listed yieldcos