Category: News

Greenko to build renewable energy storage facility in Andhra Pradesh

The Greenko Group is setting up the world’s largest renewable energy storage plant in Kurnool, Andhra Pradesh. The 5,230 MW project is being set up at a cost of $3 billion. The project will have a total capacity of 3 GW of solar power, 550 MW of wind power, and 1,680 MW of pump storage capacity for six hours. ArcelorMittal has invested around $600 million in the project. ArcelorMittal’s investment will be used to construct 1 GW of solar energy capacity for the project. The project is expected to be commissioned by 2023.

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Vattenfall receives approval for 640 MW offshore wind farm in Sweden 

Vattenfall, Sweden’s state-owned power company, has received permission from the Swedish government to build Kriegers Flak, a 640 MW offshore wind farm. The Kriegers Flak plant, located in the south of the Baltic Sea, will be equipped with 40 to 50 wind turbines and will generate around 2.6 TWh of green electricity per year. The offshore wind farm will generate enough clean energy to power more than 500,000 homes.

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China floats a tender for 11.25 GW of offshore solar projects in Shandong Province

The Shandong Provincial Energy Administration has issued a request for proposals for the development of ten offshore solar photovoltaic (PV) projects with a total capacity of 11.25 GW. Binzhou, Dongying, Weifang, Yantai, Weihai, Qingdao, and other areas around Shandong’s coast will be developed for the projects. The pile-based fixed offshore solar projects in Shandong will be allocated through market competition. The bid submission deadline is June 1, 2022.

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Naturgy begins construction of 300 MWdc solar facility in the US

With a $276 million investment, Spanish utility Naturgy has begun construction of a 300 MWdc solar photovoltaic (PV) facility in Texas. The 7V Solar Ranch plant is being developed on more than 800 hectares of land in Fayette County and is expected to be operational by 2023. The project marks the beginning of the development of the solar and energy storage portfolio that Naturgy bought from Hamel Renewables in 2021.

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APG and OMERS Infrastructure to acquire Groendus

APG and OMERS Infrastructure, a Dutch pension investment company, have agreed to purchase energy transition platform Groendus from NPM Capital. Groendus develops, builds, and operates energy assets for companies, municipalities, and institutions, as well as provides a wide range of ancillary services. The company has installed about 170 MWp of solar power and over 12,000 electricity metres.

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Vattenfall inaugurates a 353 MW onshore wind farm in Sweden

Vattenfall, Sweden’s state-owned power company, is set to open its Blakliden Fäbodberget onshore wind farm in the municipalities of Sele and Lycksele. Vattenfall owns a 30 per cent stake in the 353 MW wind farm, which is jointly owned by Vattenfall, Vestas, and AIP Management. The facility is equipped with 84 wind turbines and has the capacity to generate 1 tWh of clean energy, enough to power almost 220,000 homes in the area. 

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Lightsource BP to build aquaculture PV plant in Taiwan

Lightsource BP has partnered with Green Rock Energy on the development of a 150 MW solar-aquaculture project in Taiwan. The Budai project will be one of the largest fishery solar farms in Taiwan, creating 750 employment opportunities during construction, which is expected to commence in June 2023.

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First Solar to sell project development platform to PAG Real Assets

PAG has announced that funds managed under its Real Assets group have signed an agreement with First Solar to acquire First Solar’s Japan project development and operation platforms. This acquisition includes 293 MWDC utility-scale solar project development platform, and a solar operations and maintenance (O&M) platform with approximately 665 MWDC under management.

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Algeria floats a tender for 1 GWp solar PV capacity

According to the Secretary-General of Algeria’s Ministry of Energy Transition and Renewable Energy, 111 investors from 15 countries have expressed interest in participating in the tenders for the deployment of 1 GWp of solar photovoltaic (PV) capacity in Algeria. Algeria, according to Bouziane, is betting on renewable energy, particularly solar power, as an alternative for fossil fuels.

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Greencoat UK Wind acquires 12.5 per cent stake in 1.2 GW Hornsea One

Greencoat UK Wind Plc has agreed to acquire a net 12.5 per cent stake in the 1.2 GW Hornsea One wind farm in the UK waters for GBP 400 million. Greencoat Capital LLP renewable energy fund will purchase the interest from Global Infrastructure Partners (GIP), which owns Hornsea One in a 50/50 joint venture with Denmark’s Ørsted A/S.

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Octopus Energy and Xlinks partner to invest in Morocco-UK power link 

Octopus Energy Group, a UK-based renewable energy company, has announced a financial and strategic partnership with Xlinks, a company that is building an interconnector between Moroccan solar farms and the UK. Xlinks is laying four 3,800 km subsea cables for the Morocco-UK power project, which will connect a renewable energy facility in the Moroccan desert with Devon, UK.

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Innergex selects Mitsubishi Power for BESS projects 

Innergex Renewable Energy, a Canadian power company, has selected Mitsubishi Power’s Emerald Storage Solution for battery energy storage (BESS) projects in Chile’s Atacama Desert. The contracts are for Innergex’s 68 MW Salvador and 50.6 MW San Andres solar plants, which are slated to begin construction next year. The five-hour energy duration projects will cost $128.5 million in total and have a combined capacity of 85 MW/425 MWh.

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Shell and Eneco to jointly work in Dutch offshore wind tenders

Shell and Eneco have agreed to work jointly on the offshore wind tender process for the Hollandse Kust (west) (HKW) VI and VII lots, which are located off the coast of the Netherlands.  The two companies will submit their bids through their two joint venture firms, Ecowende and SchakelWind. Ecowende will bid for HKW VI, while SchakelWind will submit an offer for HKW VII.

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RWE begins commercial operations of its 200 MW wind farms in Texas

RWE Renewables, a German renewable energy company, has begun commercial operations at its El Algodon Alto onshore wind farm in Texas’ San Patricio County. The 200 MW onshore wind plant, which is part of the Electric Reliability Council of Texas (ERCOT) south market, is equipped with 91 Vestas wind turbines. The onshore wind farm will generate enough electricity to power over 60,000 homes.

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Lightsource bp plans to develop 1 GW of solar capacity in France

By 2026, Lightsource bp, a joint venture between Lightsource and bp, intends to develop 1 GW of solar power capacity in France.  To achieve this target, the company plans to build many large-scale ground-mount solar farms.  Under the agreement, Lightsource bp plans to engage in public tenders and provide companies with sustainable energy through power purchase agreements. 

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India and Italy partner for green hydrogen, biofuel and energy storage

India and Italy will develop partnerships in key renewable energy sectors such as green hydrogen, biofuels, and energy storage. The decision was taken in a meeting between the Minister of External Affairs, India and his Italian counterpart. Reportedly, the discussion also covered the implementation of the India-Italy Strategic Partnership on Energy Transition, which was announced in 2021.

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Vestas wins turbine supply contract for wind park in Brazil

Vestas, a Danish wind turbine manufacturer, has won a contract to supply and install wind turbines for the 423 MW Novo Horizonte wind park in Brazil from Pan American Energy Energias Renováveis. The wind farm, which is located in the Brazilian state of Bahia, will receive 94 V150-4.5 MW wind turbines from the company.

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ODE secures an offshore wind contract in South Korea

Vena Energy, a Singapore-based renewable energy company, has chosen Offshore Design Engineering (ODE) to serve as the owner’s engineer for its 384 MW Yokji offshore wind farm in South Korea. Under the contract, basic engineering, wind turbine generator package support, engineering, procurement, and construction preparation support services are included.

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