Tag: project

RWE selects Siemens Gamesa for its Thor offshore wind project in Denmark 

Siemens Gamesa has been chosen by German energy giant RWE as the preferred wind turbine provider for its Thor offshore wind project in Denmark. For the 1 GW offshore project, Siemens Gamesa will deliver and maintain 72 of its SG 14-236 DD offshore wind turbines. A contract for the project was signed by representatives from Siemens Gamesa and RWE at the Danish National Test Centre for Large Wind Turbines in Østerild.

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Neoen plans to construct 1 GW BESS project in Australia

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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Globeleq and Government of Egypt partner to develop a large-scale green hydrogen project 

In order to jointly develop a large-scale green hydrogen facility within the Suez Canal Economic Zone, Globeleq, based in Africa, has signed a MoU with the New and Renewable Energy Authority (NREA), the General Authority for Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt for Investment and Development (TSFE), and the Egyptian Electricity Transmission Company (EETC).

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RES sells Isiklar wind project to Dost Enerji in Turkey

Renewable Energy Systems (RES), based in the UK, has sold its Işklar Wind Energy project in Türkiye (Turkey) to Dost Enerji for nearly €50 million. The 50 MW wind farm, which is situated in Gediz, Kutahya Province, has nine wind turbines and is scheduled to be online in 2024. The project was filed by RES for consideration in the 2017 Turkish Electricity Transmission Corporation (TEA) wind capacity tenders.

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Leeward starts construction of Big Plain Solar project in Ohio

Leeward Renewable Energy (LRE), a portfolio company of Omers Infrastructure, has started construction on the Big Plain Solar project in Ohio, US. The 196 MW solar plant is being developed near London and is slated to go live in June 2023. First Solar’s ultra-low carbon thin-film photovoltaic solar modules will be used in the project.

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Greenspot secures approval for 500 MW BESS project in Australia

Greenspot, an Australian investment firm, has received approval from the New South Wales (NSW) Department of Planning and Environment for a battery energy storage system (BESS) project. The 500 MW/1,000 MWh project will be built on the site of the disused Wallerawang Power Station near Lithgow. An investment of about $280 million is anticipated to be needed. 

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Bechtel to provide planning assistance for Big-T pumped storage project

Bechtel, a US-based engineering firm, has been awarded a contract by BE Power and GE Renewable Energy, a division of General Electric, to provide planning support for a pumped storage hydropower facility in Australia. The Big-T hydropower project is located in south-east Queensland at Lake Cressbrook. It consists of a 400 MW pumped hydro energy storage facility and a 200 MW battery energy storage facility.

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China Three Gorges acquires hydroelectric project from EDP in Peru

EDP is planning to give its largest shareholder, China Three Gorges (CTG), a 50 per cent stake in the $500 million San Gaban III hydroelectric project in Peru. As per the reports, CTG already owns the other 50 per cent of San Gaban, and will acquire the sole shareholder of this hydroelectric facility. San Gaban dam has a capacity of 206 MW. This hydropower plant received a $365 million, 19-year financing from the China Development Bank at a cost of $560 million.

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Spearmint Energy purchases a battery storage project in Texas

Spearmint Energy, a US-based renewable energy platform, has announced the acquisition of Revolution, a 150 MW battery energy storage project in Texas. For an undisclosed sum, the project was purchased from Con Edison Development, a subsidiary of Con Edison Clean Energy Businesses. The Revolution project, one of the largest battery projects in Texas, is situated close to King Mountain Wind Farm in the Lower Colorado River Authority Territory (LCRA).

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TRIG to purchase additional stake in UK’s Hornsea One wind farm

The Renewables Infrastructure Group (TRIG), a UK-based investment company advised by InfraRed Capital Partners, has decided to raise its shareholding in the UK’s Hornsea One offshore wind farm. The company will increase its stake in the 1.2 GW project to 10.2 per cent by purchasing an additional 2.4 per cent equity interest from Global Infrastructure Partners. The action follows TRIG’s initial 7.8 per cent equity investment purchase of Hornsea One in March 2022.

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ACCIONA Energía to construct Opor and Boraja II wind farms in Croatia

ACCIONA Energía, a subsidiary of Acciona, a Spanish renewable energy company, plans to build two wind farms in Croatia. The two wind farms are the 45 MW-capable Boraja II and the 27 MW Opor wind project. Their construction is tied to a 12-year Contract for Difference (CfD) signed with Croatian energy and gas regulator HROTE.

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EC accepts $5.46 billion project to support hydrogen value chain

The European Commission (EC) has approved an Important Project of Common European Interest (IPCEI) to assist a range of hydrogen value chain initiatives. The IPCEI Hy2Tech project intends to aid in both the initial industrial deployment of hydrogen technology as well as its research and development. It was created and announced jointly by 15 member states of the European Union.

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ACWA and Hassan partner to develop 1.1 GW wind project in Egypt

ACWA Power, a Saudi energy company, and Hassan Allam Holdings, an Egyptian engineering firm, have signed a project agreement to develop a 1.1 GW wind project. The wind project will be constructed in Egypt’s Gulf of Suez and Gabal el Zeit region and will cost $1.5 billion. The project is scheduled to be financially closed by the third quarter of 2024 and operational by the end of 2026.

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rPlus Hydro files draft application for pumped storage project

rPlus Hydro, a subsidiary of the US-based renewable energy firm rPlus Energies, has submitted a draft licence application for the Seminoe Pumped Storage project in Wyoming. The application was submitted to state and federal agencies as part of the proposed pumped hydro energy storage project’s multi-year study and approval process, which will have a capacity of up to 900 MW.

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USAID launches clean energy project in Vietnam

The United States Agency for International Development (USAID) has launched a $36 million clean energy project in Vietnam. Under the Vietnam Low Emission Energy Program II (V-LEEP II), USAID and Vietnam’s Ministry of Industry and Trade (MOIT) will jointly increase clean energy deployment, through the mobilisation of private sector investment, providing project design support for developers as well as technical assistance for lenders.

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GIG and Hydro Rein to develop 586 MW hybrid project in Brazil

Green Investment Group (GIG), a Macquarie-owned company, and Hydro Rein have agreed to form a joint venture to build and operate a 586 MW wind and solar power plant in Brazil’s northeast. The wind and solar hybrid project, named Feijo, will be developed in the Brazilian states of Piaui and Pernambuco. Feijo will be equipped with 80 wind turbines by Nordex, a wind turbine manufacturer.

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Statkraft to commission its first Indian solar project in Tamil Nadu

Statkraft, a Norwegian renewable energy company, has announced the completion of its first large-scale solar power project in India. The 76 MW Nellai solar project in Ettanakulam, Tamil Nadu’s Tirunelveli district, is now live. The Nellai Solar Park is a 55 MW (AC) and 76 MW (DC) project constructed on approximately 200 acres of land in Ettanakulam village, Manur Taluk, Tirunelveli district, Tamil Nadu, India.

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