Apricum articles
Our view on the latest developments in the cleantech industry.
The Five Ingredients for Success in the Future Stationary Energy Storage Market
Through our day-to-day work around the globe, Apricum has gained deep insights about the dynamics of the energy storage markets and what it takes to be successful not only today, but also in a few years from now. Driven by the specific market characteristics, we...
How Chinese Policies Can Control the Global PV Market
In recent months, we saw a flurry of widely diverging predictions on the 2017 global PV market demand – 85 GW from GTM, 79 GW from IHS and Bloomberg, and 74 GW from EnergyTrend – the key differentiating variable being China, the world’s largest market by far with its...
Energy storage development in the MENA region: What can we expect?
In this interview, we speak with Florian Mayr, partner and head of the energy storage practice at Apricum – The Cleantech Advisory, to get an orientation of the MENA region’s potential for energy storage, necessary market drivers and a few examples of existing storage...
Saudi Arabia Unleashes Renewable Energy Procurement with Tenders for 300 MW Solar and 400 MW Wind Projects
On February 20, 2017, Saudi Arabia released requests for qualification (RFQ) for a 300 MW solar photovoltaic and a 400 MW wind project on an IPP basis. Applicants are invited to provide their credentials by March 20, 2017. The request for proposals (RFP) was announced...
After Installing 60% of Global PV Capacity in 2016, What’s In Store for the Giant Chinese and U.S. PV Markets?
The global PV market is roiling beneath a relatively calm surface; while the market appears to be plateauing globally, it features a mix of growing, steady and declining markets. In this article, we analyze the major global PV market drivers, particularly the factors...
Your Guide to Stationary Energy Storage in Europe Part 2: UK and Italy
In the second of a two-part series on opportunities in battery energy storage in Europe, Apricum Partner Florian Mayr and Senior Consultant Dr. Hendrik Kienert discuss the key drivers, challenges and outlook for today’s main use cases in the UK and Italy. Together...
Your Guide to Stationary Energy Storage in Europe Part 1: Germany
In the first of a two-part series on opportunities in battery energy storage in Europe, Apricum Partner Florian Mayr discusses the key drivers, challenges and outlook for today’s main use cases in Germany – residential storage and the primary control reserve market.
Why you should look to ASEAN now for some of the most promising renewable energy markets
The Association of Southeast Asian Nations or ASEAN is a political and economic organization of ten Southeast Asian countries. Formed in 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand, membership has since expanded to include Brunei, Cambodia, Laos, Myanmar and Vietnam.
Surging Energy Storage Market Provides New Opportunities for Material and Polymer Suppliers
Driven by an increasing share of renewable energy and e-mobility, the energy storage market is exhibiting substantial growth, which Apricum expects will continue for the foreseeable future.
Potentially Game-Changing Saudi Arabian Government Restructuring Bolsters 9.5 GW Renewable Energy Target by 2023
Deputy crown prince Mohammed bin Salman of Saudi Arabia announced first cornerstones for the deployment of renewable energy in the country on April 25, 2016, followed by a comprehensive restructuring of responsible government bodies. The “Saudi Arabia Vision 2030” paper states an initial target of 9.5 gigawatts (GW) of renewable energy by 2023, translating to annual installations of 1.6 GW.
Dubai Shatters all Records for Cost of Solar with Earth’s Largest Solar Power Plant
The Emirate of Dubai set a new world record for the cost of solar power on May 1, 2016 with the Dubai Electricity and Water Authority (DEWA) receiving bids for the 800 MW Sheikh Maktoum Solar Park Phase III as low as 3.00 U.S. cents per kilowatt-hour (kWh). This not only marks the lowest cost ever for solar power, but also easily beats all available fossil-fuel options in Dubai on cost.
Brazil’s new legislation to foster investment in distributed solar: A helpful step, yet off target to realize the market’s true potential
Brazil has made international headlines on political and economic issues lately, most of which did not paint a rosy picture of the country’s current situation. Nonetheless, development of the solar sector is on a promising path, with the successful execution of several large-scale PV auctions and increasing interest from industry players to set up a local value chain.