Samsung C&T could potentially invest $673 million to develop solar power plants with a combined operating capacity of approximately 700 MW in Texas. Samsung Electronics is also considering building an additional plant in Austin by investing $17 billion. These agreements cover the employment of workers for the development of these power plants. Commercial operations are scheduled to start in December 2023.
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LONGi has announced the signing of a framework agreement with Engie Solar to supply over 600 MW of high-efficiency PV modules for projects across the globe. Engie reported that it will work together with LONGi, a trusted and valuable partner, to solidify carbon emissions and to build a carbon-negative world. Through a stronger collaboration with Engie, LONGi aims to reinforce its presence in global markets and offer more opportunities to accelerate the global energy transition.
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Malaysian developer Ditrolic Solar Group has announced that it has commissioned the largest solar plant in Bangladesh. The project has a capacity of 73.1 MW and is located in the Mymensingh district, 100 km north of Dhaka. The solar plant is signed under a 20-year power purchase agreement with the Bangladesh Power Development Board. It was built with an investment of around $90 million and will supply power to the Power Grid Company of Bangladesh at an unspecified tariff.
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Sasol South Africa Limited and Air Liquide Large Industries have invited bids to procure 1,800 GWh per annum of solar and wind power from independent power producers under the first tranche of their ‘Renewable Energy Implementation Program’ in South Africa. Of the total capacity, Air Liquide aims to source 1200 GWh per annum while Sasol looks to procure 600 GWh per annum. The independent power producers will be responsible for the design, finance, build, own, operate, and maintain these renewable energy facilities.
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InnoVent Maroc, a subsidiary of the France-based firm InnoVent is setting up a 36 MW wind farm in Morocco, expected to begin full operation in the first half of 2021. The project is located in the Sidi Bennour province of Morocco, covering 10 hectares. The total investment of the project is estimated to be 300 million Moroccan dirhams, which is equivalent to about 27.8 million Euros.
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Hydrostor Inc, a Canada-based company plans to develop 1,000 MW/10,000 MWh of long-duration energy storage projects in the state of California, United States. This includes major projects, one located in southern Kern County and the other in central California.
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Total has signed an agreement with wpd to acquire a 23 per cent interest in Yunlin Holding GmbH. The latter owns the 640 MW Yunlin offshore wind farm, which is currently under construction around 200 km southwest of Taipei, off the coast of Taiwan. For this acquisition, Total will pay to wpd a consideration based on its share of past costs.
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Fourth Partner Energy, a solar energy company based in India, has received a funding of Rs 2.5 billion from CDC Group, a UK-based development finance institution in the form of non-convertible debentures. This is CDC’s first investment in the commercial and industrial solar segment in India. The funding will be used to develop renewable energy in India and South Asia. As per the press release, CDC’s investment will fund about 217 MW greenfield renewable power generation in India.
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The most remarkable thing is just how fast China is pulling ahead on this front. China had over 800,000 EV charging outlets available for public use installed at the end of 2020, up from 516,000 in 2019 and 300,000 in 2018. In December 2020 alone, China installed 112,000 public charging points — more than the entire U.S. public charging network.
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Dust and soils have negative impacts on the efficiency of PV panels. Therefore, the importance of cleaning PV panels is considerable from both economic and performance points of view. A key factor to maximizing the economic advantage is the determination of cleaning times. There is no specified cleaning cycle for PV panels, and the soiling rate of the region mostly determines the cleaning frequency.
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The article forecasts renewables growth in the Irish power sector. It specifies new and emerging technologies that will become mainstream. It gauges the attractiveness of the market for large developers and the scope of investments in the market.
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The Energy Transitions Commission has released two new reports analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach.
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Array Technologies, one of the world’s largest manufacturers of ground-mounted tracking systems used in solar energy projects, has been awarded a contract for up to 4 GW of trackers from Primoris Services Corporation, a leading provider of specialty contracting services.
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India’s state-owned utility, NTPC Limited, through its wholly-owned subsidiary NTPC Renewable Energy Limited, has invited bids to develop 600 MW of interstate transmission system (ISTS)-connected wind-solar hybrid projects across India.
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San Diego Gas & Electric will deploy roughly 2,000 new electric vehicle charging stations at apartment and workplaces across the San Diego region, under a $44 million program approved by the California Public Utilities Commission. The investment will allow the utility to help fill the need for charging infrastructure at workplaces and apartment complexes where cars are parked for long periods, supporting accelerated EV adoption and California’s ambitious transportation electrification goals.
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In this article in a series on the world’s key emitters Carbon Brief looks at the US, which, to date, has contributed more to human-caused climate change than any other nation. REGlobal presents excerpts…
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IRENA has released a report titled, “Planning and prospects for renewable power: Eastern and Southern Africa” which assesses the prospects for the power sector in the countries of the Africa Clean Energy Corridor through 2040. As well as analysing the master plans of the two key power pools, it highlights sustainable, renewables-based alternatives based on IRENA’s latest dataset.
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JPMorgan Chase aims to finance and facilitate more than $2.5 trillion over 10 years – beginning this year through the end of 2030 – to advance long-term solutions that address climate change and contribute to sustainable development. This development is in line with the firm’s Paris-aligned financing strategy and will help accelerate the transition to a low-carbon economy by encouraging actions that set a path for achieving net-zero emissions by 2050.
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Apple has announced a carbon elimination initiative, called the Restore Fund. The fund aims to remove at least one million metric tons of carbon dioxide annually from the atmosphere.
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Global mining company, Anglo American has already secured renewable energy to meet all its power requirements for its iron ore and nickel operations in Brazil from 2022, and for its copper operations in Chile from 2021. The company has now signed an agreement with Engie Energía Perú to provide 100 per cent renewable energy for the Quellaveco copper operation in Peru that is expected to begin production in 2022.
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