JERA, a Japanese energy company, has signed an agreement with Virya Energy to acquire 100 per cent of the shares of Parkwind, Belgium’s top offshore wind company, in a $1.7 billion deal. JERA is a partnership between Chubu Electric Power Company and Tokyo Electric Power Company.
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Spearmint Energy announced the acquisition of Nomadic, a 900 MW battery energy storage systems (BESS) asset portfolio in Texas. It consists of three projects with a combined projected capacity of 300 MW that are spread over the counties of Cooke, Galveston, and Brazoria. According to the company, the portfolio was purchased from a major US developer and operator of clean energy projects. No financial details of the deal have been disclosed.
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Infinity Power, an Egyptian-Emirati energy company, has acquired a 100 per cent share in Lekela Power in Africa, adding 1 GW of renewable capacity to its portfolio. Lekela, which has its headquarters in the Netherlands, has a project pipeline of 1.8 GW and currently manages 1 GW of wind energy projects in South Africa, Egypt, and Senegal.
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ACWA Power has signed three power purchase and investment agreements in Uzbekistan for the development of 1.4 GW of solar and 1.5 GWh of battery energy storage systems (BESS). The Saudi energy company inked the agreement with Uzbekistan’s National Electric Grid (NEGU) and the Ministry of Investment, Industry, and Trade. The business intends to construct three PV solar projects in Tashkent and Samarkand, as well as three BESS facilities in Tashkent, Bukhara, and Samarkand.
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ACEN Australia has begun construction on stage I of the 720 MW New England Solar project in New South Wales (NSW), Australia. Australia’s Federal Minister for Climate Change, officially opened the project. The NSW state government approved the project’s first of two stages, which has a 400 MW capacity in 2020. This stage includes about one million solar panels and has been under development since March 2021.
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Lhyfe and Centrica have agreed to jointly develop offshore renewable green hydrogen in the UK in a first for the country. The companies have signed a memorandum of understanding (MoU) that could accelerate green hydrogen as part of the energy transition in the UK. Under the agreement, Lhyfe and Centrica will combine their expertise to collaborate on a pilot green hydrogen production site in the Southern North Sea.
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Zhejiang Hounen Photoelectricity Co Ltd (Hounen), a Chinese solar panel producer, plans to invest $33 million in a proposal to construct its first solar panel factory in the US. The governor’s office of South Carolina has confirmed Hounen’s plans. Hounen Solar plans to lease a 200,720 sq ft facility in Orangeburg County, South Carolina, in order to set up a 1 GW production base here.
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Avangrid, a US-based energy company, has started the construction of two solar facilities in Texas and Ohio. The combined clean energy output from the Texas True North and Ohio Powell Creek projects will be 523.5 MW. True North, which is being built in Falls County, Texas, will start producing 321MW of power in the early 2025 timeframe. The project is anticipated to provide more than 200 employment during construction.
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Oman has signed binding commercial term sheets for six projects involving green hydrogen that will require investments of around $20 billion. The Hyport Duqm consortium, Green Energy Oman, ACME’s Green Hydrogen and Chemicals SPC, and the SalalaH2 consortium will all collaborate on developing the projects. More than 700,000 tonnes of green hydrogen are anticipated to be produced at the plants, which will be close to the ports in Salalah in the south and Duqm in central Oman
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Climate Finance Partnership (CFP), a BlackRock Alternatives-managed fund, has acquired a 31.25 per cent stake in Lake Turkana Wind Power, a 310 MW wind project in Kenya. For an undisclosed sum, the stake was bought from Vestas, Finnfund, and the Investment Fund for Developing Countries. According to a regulatory filing published in Kenyan press, the Lake Turkana Wind Power project is located in Kenya’s far north region and is equipped with 365 wind turbines.
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Vestas, a Danish wind turbine manufacturer, has received a 373 MW wind turbine contract from Red Rocket, a South African independent power producer. The company will provide five V162-6.2MW Enventus turbines, 12 V163-4.5MW turbines, and 64 V150-4.5MW wind turbines. The turbines will be installed at the Brandvalley, Rietkloof and Wolf wind parks, which are located in South Africa’s Western and Eastern Capes. Vestas intends to deliver and commission the wind turbines by 2024.
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Ørsted and Eversource Energy have submitted a combined proposal to build the Revolution Wind II offshore wind farm in Rhode Island, US. The proposal for the 884 MW wind project was filed in response to the state’s offshore wind solicitation. If permitted, the Revolution Wind II wind farm will provide enough sustainable energy to power over 500,000 Rhode Island homes
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Sembcorp Industries, based in Singapore, has been awarded a contract to build, own, and operate the Manah Solar II Independent Power Plant (IPP) in Manah, Oman. Oman Power and Water Procurement Company awarded the contract to the company (OPWP). The contract was secured through a joint venture formed by Sembcorp’s subsidiary, Sembcorp Utilities, and Jinko Power Technologies.
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BrightNight, a US-based provider of renewable energy, has joined forces with ACEN to accelerate the development of 1.2 GW renewable energy portfolio in India. The companies will collaborate to develop hybrid wind-solar projects with energy storage facilities for central and state power utilities. Additionally, these initiatives would provide electricity to industrial and commercial customers.
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China Energy intends to start construction on a $5.1 billion green hydrogen project in Egypt in May 2023. Reportedly, the Chinese investor will send a team from the company to go through the project’s details in April 2023. As previously announced, the project will be developed in two phases and will feature a solar and wind power plant, electrolysers for hydrogen production, ammonia synthesis devices, and accompanying storage and processing facilities.
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TGS, a Norwegian energy data and technology provider, has expanded its multi-client offshore wind and metocean measurement campaign along the US East Coast. The company has deployed additional four buoys to enhance its existing data collection and wind modelling. These complement TGS’ floating light detection and ranging (LiDAR) buoy in the New York Bight.
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DTEK Group, a Ukrainian energy investor, has completed the first phase of Ukraine’s Tyligulska wind power project. The first phase of the wind power facility, located in the Mykolaiv region, has a capacity of 114 MW, while the whole project will have a capacity of 500 MW. The facility’s Phase I includes 19 wind turbines and is intended to help Ukraine’s energy balance.
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On February 24, 2023, the Bureau of Ocean Energy Management (BOEM) published a Proposed Sale Notice (PSN) in the Federal Register that includes three proposed lease areas in the Gulf of Mexico for offshore wind development. One lease area is in the Lake Charles Wind Energy Area (WEA), offshore of Lake Charles, Louisiana, and two are in the Galveston WEA, offshore of Galveston, Texas.
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Drax, a UK-based electric services company, has hired hydro-engineering consultant Studio Pietrangeli to enhance the layout of its Cruachan pumped storage expansion. The new underground pumped hydro facility, with a 600 MW capacity, will be constructed next to Drax’s current Cruachan complex in Argyll, Scotland. According to the agreement, Studio Pietrangeli will operate as the project’s owner’s engineer and provide assistance with vital tasks including optimising the layout and design of the new facility.
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Duke Energy Sustainable Solutions (DESS), a subsidiary of the US-based energy corporation Duke Energy, has begun operations at its Pisgah Ridge Solar facility in Navarro County, Texas. The 250 MW project employed up to 300 individuals during its construction phase. DESS will own and operate the project, while Moss managed the engineering and construction operations. Three virtual power purchase agreements (VPPAs) with Charles River Laboratories International, Midwest retailer Meijer, and one unnamed entity are already in place for the Pisgah Ridge Solar plant.
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