Tag: neoen

<strong>Neoen begins constructing 400 MWh battery project in Australia</strong>

Neoen begins constructing 400 MWh battery project in Australia

January 9, 2023 |

Neoen, a French renewable energy provider, has issued notice to proceed to a consortium comprising Elecnor and NHOA to commence construction of its Blyth Battery in South Australia. The 200 MW/400 MWh battery will be constructed close to the Blyth West substation and connected to the transmission system of ElectraNet. ElectraNet operates a high-voltage transmission network in South Australia, transporting power from traditional and renewable generators over long distances.

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<strong>Neoen secures 180 MW of solar and wind capacity in France</strong>

Neoen secures 180 MW of solar and wind capacity in France

December 15, 2022 |

Neoen, a French renewable energy provider, has been awarded 180 MW of solar and wind power capacity in the French government’s technology-neutral call for tenders. The auction process was supervised by France’s energy regulation commission, CRE. As per the company’s statement, Neon was awarded the most capacity in the auction process, with the 180 MW being split between 11 projects with capacities ranging from 12 MW to 22.8 MW. 

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Neoen plans to construct 1 GW BESS project in Australia

Neoen plans to construct 1 GW BESS project in Australia

September 14, 2022 |

Neoen Australia, a producer of renewable energy, has submitted planning documents for the construction of a stand-alone 1 GW / 4 GWh battery energy storage system (BESS) near Collie, Western Australia. Reportedly, the big battery would be constructed on a 31-hectare location 12 km to the northeast of Collie and 215 km to the southeast of Perth.

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Neoen commissions 208 MW solar park in Argentina

Neoen commissions 208 MW solar park in Argentina

October 11, 2021 |

Neoen has completed the construction of its Altiplano 200 solar power plant. The 208 MW solar park is located in Argentina’s Salta region. The plant is Argentina’s second-largest solar project. Altiplano is expected to generate 650,000 MWh of solar-powered electricity every year, which is enough to power 215,000 households for a year. Under a 20-year power purchase agreement, the electricity produced will be supplied to national operator CAMMESA.

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Neoen launches Euro 600 Mn rights issue to finance renewable energy goals

Neoen launches Euro 600 Mn rights issue to finance renewable energy goals

March 16, 2021 |

French renewable energy developer, Neoen has launched a Euro 600 million share rights issue to help finance the company’s Euro 5 billion investment plan. The company aims to build a renewable energy portfolio of 10GW in operation or under construction by 2025. The net proceeds from the issuance of the new shares will go into financing its new assets as part of a first investment cycle which will end by 2022.

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Neon closes financing for Victoria Big Battery project

Neon closes financing for Victoria Big Battery project

March 1, 2021 |

Neoen, a renewable energy developer, has financially closed on the Victoria Big Battery project, an energy storage project with a capacity of 300 MW/450 MWh. While the Clean Energy Finance Corporation, on behalf of the Australian Government will provide debt financing of 160 million Australian dollar, Neoen will also hold equity. The battery storage facility will be located near Geelong, in Victoria.

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Engie and Neoen propose 1 GW solar plus storage project in France

Engie and Neoen propose 1 GW solar plus storage project in France

January 12, 2021 |

French energy giant Engie and ndependent power producer Neoen have announced plans to develop Europe’s largest solar-plus-storage plant . The project, “Horizeo” will have a installed capacity of 1 GW and include a green hydrogen production unit, an agrivoltaic plant, and a data center. It is estimated to cost Euro 1 billion and will be managed by French energy regulator CRE.

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