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IEA: the First Decline in Global Green Energy Growth in 20 Years


Due to COVID-19, the global renewable energy capacity growth will have the first annual decline in 20 years. On May 20th, the International Energy Agency (IEA) said that the growth rate of new renewable energy capacity will accelerate next year.

According to the latest report on renewable energy market issued by the IEA, the newly installed capacity of renewable energy this year is expected to be 167gw, 13% less than last year. However, the total capacity of renewable energy in the world is still expanding and will increase by 6% by 2020.

Next year, new generation of renewable energy is expected to rebound to 2019 levels, assuming the government continues to implement supportive policies. The economic growth rate in 2020 and 2021 is expected to be 10% lower than that predicted by the International Energy Agency before the outbreak of COVID-19.

It is worth noting that almost all mature markets are affected by downward correction, with the exception of the US. US investors are eager to complete the project to get the tax credit before it expires.


Source:the International Energy Agency


US $1 billion largest solar project approved


The U.S. Department of the interior has approved the construction of Nevada's "Twin Star" solar project which will be the largest solar project of the US and worth about $1 billion. After the completion of the project, it is expected to become the eighth largest solar power station in the world. The U.S. Department of the Interior announced on May 11 that it will build 690 megawatts of megawatts solar power plants and auxiliary facilities in about 48 kilometers northeast of Las Vegas. The statement said the project will provide enough power for about 260000 households in Las Vegas and Southern California.

The project is expected to inject about $712.5 million into the local economy as the nation tries to recover from the outbreak, Interior Secretary David Bernhardt said. According to the associated press, the first phase of the Twin Starsolar project will occupy about 28 square kilometers of federal land and is expected to be completed next year, delivering 440 megawatts of power to Nevada. The second phase of the project is expected to add 250 megawatts of power generation capacity, which will be sold in Nevada or delivered to Arizona and California in 2022. The project includes a 380 megawatt AC battery storage system that can continue to deliver power after sunset.


Source: China Business


Kingfa Technology: to build 1.2 million tons / year polypropylene thermoplastic elastomer (PTPE) and modified new material integration project (phase I)of total investment 6.2 billion yuan

On May 18, Kingfa technology announced thatNingbo Kingfa new materials Co., Ltd. ("Ningbo Kingfa"), the holding subsidiary of the company, was approved at the 28th (Interim) meeting of the sixth board of directors of the company to invest 1.2 million tons / year polypropylene thermoplastic elastomer (PTPE) and modified new material integration project (phase I) in Qingshi Industrial Park, Xiaogang, Beilun, Ningbo City, Zhejiang Province, with a total investment of about 6.2 billion yuan.

Project construction content: 600000 T / a propane dehydrogenation unit, 400000 T / a polypropylene unit, 400000 T / a polypropylene and modified polypropylene combined unit, 25000 T / a PSA Hydrogen extraction unit, new low-temperature tank farm and supporting auxiliary facilities for public works.

The total construction period (from process package design to commissioning) is estimated to be 34 months. According to the equipment procurement and supply, the project schedule can be adjusted or shorted accordingly.


Source: Sina Finance

Another 1.5 Million Tons EthyleneRpoject from CNOOC and Shell Huizhou

On May 17th, CNOOC Shell Huizhou phase 3 ethylene project strategic cooperation framework agreement held a "cloud signing" ceremony in Guangzhou, Beijing and the Hague,Holland at the same time. The total investment of the project is about US $5.6billion(about RMB 39.6billion), and the site is located in Dayawan Petrochemical district. Less than a month after the $10 billion ExxonMobil Guangdong Huizhou ethylene project started in Daya Bay petrochemical area on April 22.

On the basis of 1 million tons / year ethylene in the first phase and 1.2 million tons / year ethylene in the second phaseproject, the 1.5 million tons / year ethylene will be added in the third phase. The main products include ethylene, propylene, butadiene, ethylene oxide / glycol, styrene / propylene oxide, linear α olefin, poly α olefin, high carbon synthetic alcohol, metallocene polyethylene, copolymerized polypropylene and so on. There are 14 sets of world-class production units among them, the technology of α - olefin, poly α - olefin and metallocene polyethylene was first applied in the Asia Pacific region.

CNOOC, Shell Group and Huizhou, Guangdong Province are once again in a strong alliance. The cooperation between the three parties started from the largest Sino foreign joint venture project in China in the 1990s - CNOOC shell South China Sea petrochemical project. At present, CNOOC shell phase I and phase II projects have been completed and put into operation. It is the largest ethylene production plant in China and the most efficient plant in the world. Its ethylene production capacity reaches 2.2 million tons / year, and the annual production capacity can reach 2.2 million tons / year to provide more than 6 million tons of high-quality and diversified petrochemical products to the market.

Source: Sina Finance


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IEA:全球绿色能源增长20年来首次下降


据外媒5月20日伦敦报道,国际能源署(IEA)周三表示,受新冠肺炎疫情影响,今年全球新可再生能源产能增长将出现20年来首次年度下滑,但预计明年增速将会加快。

根据国际能源署的《可再生能源市场最新报告》,今年可再生能源新增装机容量预计将为167吉瓦,比去年减少13%。但全球可再生能源的总容量仍在扩大,到2020年将增长6%。

明年,在一些被推迟的项目上马,并假设政府继续实施支持性政策的情况下,可再生能源新增发电量预计将反弹至2019年的水平。2020年和2021年的经济增长率预计将比国际能源署在冠状病毒爆发前的预测低10%。

值得注意的是,几乎所有成熟市场都受到向下修正的影响,而美国是个例外。美国投资者急于在税收抵免期满前完成项目以获得税收抵免。


来源:国际能源署


造价10亿美元 美国最大太阳能项目获批

美国内政部日前批准在内华达州修建美国迄今规模最大、造价大约10亿美元的“双子星”太阳能项目。项目建成后,有望成为全球第八大太阳能发电站。美国内政部5月11日宣布,将在拉斯维加斯东北部大约48公里处修建总容量690兆瓦的光伏太阳能发电装置和辅助设施。声明说,项目建成后将为拉斯维加斯地区以及加利福尼亚州南部地区大约26万户家庭提供充足电力供应。

美国内政部长戴维·伯恩哈特说,在美国全国试图从疫情冲击中恢复时,这一项目预估可为当地经济注入大约7.125亿美元。据美联社报道,“双子星”太阳能项目一期将占用大约28平方公里联邦土地,有望明年完工,为内华达州输送440兆瓦电力。项目二期预期增加250兆瓦发电能力,所增电力将于2022年在内华达州出售,或输送至亚利桑那州和加利福尼亚州。项目包含380兆瓦交流蓄电池存储系统,可在太阳落山后继续输送电力。


金发科技:拟62亿元建120万吨/年聚丙烯热塑性弹性体(PTPE)及改性新材料一体化项目(一阶段)

5月18日,金发科技公布,为进一步落公司“强化中间,拓展两头,技术引领,跨越发展”的发展战略,打通聚丙烯生产全链条,增强公司的持续盈利能力,经公司第六届董事会第二十八次(临时)会议审议通过,公司控股子公司宁波金发新材料有限公司(“宁波金发”)拟在浙江省宁波市北仑小港青峙工业园区投资建设120万吨/年聚丙烯热塑性弹性体(PTPE)及改性新材料一体化项目(一阶段),总投资约为62亿元。

项目建设内容:60万吨/年丙烷脱氢装置、40万吨/年聚丙烯装置、40万吨/年聚丙烯和改性聚丙烯联合装置,2.5万吨年PSA提氢装置及新建低温罐区和配套的公用工程辅助设施。

总建设期(从工艺包设计开始至试车投产)初步预计为34个月,根据设备采购及供货情况,项目进度可做相应调整或压缩。

中海壳牌惠州再上150万吨乙烯

5月17日,中海壳牌惠州三期乙烯项目战略合作框架协议在广州、北京、荷兰海牙同时举行“云签约”仪式,项目总投资额约56亿美元(约合人民币396亿元),选址大亚湾石化区。继4月22日投资100亿美元的埃克森美孚广东惠州乙烯项目在大亚湾石化区开工不到一个月。

在中海壳牌一期100万吨/年乙烯、二期120万吨/年乙烯的基础上,三期新增150万吨/年乙烯规模,主要产品包括乙烯、丙烯、丁二烯、环氧乙烷/乙二醇、苯乙烯/环氧丙烷、线性α烯烃、聚α烯烃、高碳合成醇、茂金属聚乙烯、共聚聚丙烯等,共14套世界级规模生产装置,其中α-烯烃、聚α-烯烃、茂金属聚乙烯技术系在亚太地区首次应用。

中国海油、壳牌集团和广东惠州再度强强联合,三方的合作始于上世纪90年代国内最大的中外合资项目——中海壳牌南海石化项目,目前已建成投产中海壳牌一、二期项目,为中国最大的乙烯生产工厂,也是壳牌全球效益最好的工厂,乙烯产能达220万吨/年,每年可向市场提供600多万吨高品质、多元化的石化产品。


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