Category: News

Iberdrola to supply solar power to Danone through the Francisco Pizarro project

Iberdrola, a Spanish power developer has signed a long-term power purchase agreement with Danone, a French food company. As per the ten-year agreement, Iberdrola will supply of 73 GWh of power annually from the Francisco Pizarro plant. With this agreement, the entirety of the renewable electricity used in Danone’s plants and factories in Spain will come from this solar project.

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Woodside Energy to set up a hydrogen project in Tasmania

Woodside Energy has signed a memorandum of understanding (MoU) with the Tasmanian Government outlining the state’s support for the company’s H2TAS project, which is a proposed renewable hydrogen production facility in Bell Bay. The signing of this MoU demonstrates support for companies, such as Woodside, looking to develop the hydrogen industry in Tasmania.

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Bangladesh sets up a research centre and pilot project for hydrogen technologies

Bangladesh has announced that it has set up a research centre and a pilot processing plant for hydrogen-based technologies. In addition to producing hydrogen, the plant will also produce waste and biomass which will be used as feedstock. For this, the Bangladesh Council of Scientific and Industrial Research (BCSCIR) has kickstarted the training of scientists to work towards setting up a full-fledged Hydrogen Energy Laboratory as part of the project.

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Lightsource BP to install 467 MW of solar capacity in Brazil

Lightsource BP has announced its plans to develop 467 MW of solar photovoltaic projects in Brazil’s Ceara state. The company has met with the state’s economic development and labour secretary to finalise the project which will be developed with an investment of $261.3 million. Under the plan, Lightsource BP will develop two solar plants in the countryside of the state. This includes a 202 MW plant in Milagres and a 265 MW solar farm in Ico.

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TenneT to invite bids for development of grid network for offshore wind projects in Germany and Netherlands

Dutch transmission systems operator, TenneT has announced that it will launch tenders for the development of grid connections with a transmission capacity of 2 GW. The project will ensure supporting infrastructure for the upcoming offshore wind projects in Europe. Under the first tender, transmission infrastructure for at least two projects will be developed in the Ijmuiden Ver wind area in the Netherlands which will be operational in 2028 and 2029. The following tenders will cover the BalWin 1 which will be operational in 2029 and also the BalWin 2 and BalWin 3 which will be operational by 2030.

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Avangrid Renewables commissions 155 MW wind farm in South Dakota

Avangrid Renewables announced the commissioning of its 154.8 MW Tatanka Ridge Wind Farm. The project consists of 56 wind turbines and is located in Deuel County, S.D., northeast of Brookings. Further, the wind farm is owned by Tatanka Ridge Wind, LLC, a joint venture between Avangrid Renewables and WEC Energy Group. The wind farm has penned a power purchase agreement with the Dairyland Power Cooperative for 51.6 MW of its capacity.

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Clir Renewables to enhance performance of Africa’s largest wind farm

Clir Renewables has been selected to enhance the performance of Kenya’s Lake Turkana Wind Farm. The company will analyse data from each of the wind farm’s 365 turbines using parameters of available resource, geospatial features, and nearby turbines. Further, machine learning data analytics will be used to pick out instances of underperformance and their underlying causes.

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South Korea to allow C&I and residential consumers to purchase renewable energy under RE100 initiative

The Ministry of Trade, Industry, and Energy of South Korea has announced the sanctioning of the purchase of electricity from renewable sources by industrial and general electric consumers as part of the RE100 initiative. The parties must register at the Korea Energy Agency and the electricity will be procured through self-generation, green premium system, third party power purchase agreement, or the purchase of renewable energy certificates.

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EDP Renewables acquires majority stake in C2 Omega

EDP Renewables North America LLC (EDPR NA) has acquired a majority interest in C2 Omega LLC, a distributed solar platform of C2 Energy Capital LLC. Post-acquisition, the new company will be known as EDPR NA Distributed Generation LLC (EDPR NA DG). The company is set to acquire an 85 per cent equity stake in C2s solar portfolio.

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Oman Shell launches a 25 MW solar project

Oman Shell has commissioned a 25MW solar project called the Sohar Solar Qabas solar plant. The Sohar Solar Qabas project will be owned by Shell and is the company’s first utility scale, photovoltaic solar project in the Middle East as well as in Oman.

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Eneco and European Energy form a joint venture for Denmark offshore wind tender

Dutch energy company Eneco and Danish European Energy have formed a new joint venture called Swan Wind. The two companies had joined forces so as to submit a proposal for the Thor offshore wind farm tender and Danish Energy Agency has recently qualified this joint venture for the said tender. Thor offshore wind farm is one of the two large offshore wind farms to be built in Denmark before 2030.

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Total to acquire a 20% minority interest in India-based Adani Green Energy

Energy giant Total has announced the acquisition of a 20% minority interest in Adani Green Energy Limited (AGEL) from Adani Group, India’s leading infrastructure platform. This transaction is the latest development in the strategic alliance between the two parties. With this latest acquisition, Total will have a seat on the Board of Directors of AGEL.

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FinnFund and Norfund extend $20 million to Starsight solar

FinnFund and Norfund, Nordic financial companies have decided to increase funding to Starsight solar by $10 millionThe funding available since 2019 has now increased from $10 million to $20 million. are increasing the line of credit initially granted to Starsight by $10 million in 2019.

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