Tag: projects

Oz Minerals to build off-grid hybrid project in Australia

Oz Minerals, a Sydney-listed miner has given its final investment permission to develop the massive copper-nickel project in Western Australia. The company has stated that it will initially obtain 80 per cent of the energy needs for the West Musgrave Project through an off-grid hybrid renewable power solution.

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Nova Scotia selects five wind projects with 372 MW capacity

The Provincial Government of Nova Scotia, Canada has completed five onshore wind projects that will provide renewable energy to the province for the next 25 years. The five wind projects have a combined capacity of 372 MW. The five onshore projects are projected to be operational by the end of 2025 and are majority-owned by one or more of the Mi’kmaw communities in the province.

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Masdar reaches financial close for solar facility in Azerbaijan

Masdar, a state-owned energy company in the UAE, has reached financial close on its Garadagh solar photovoltaic plant in Azerbaijan. The 230 MW solar project is the company’s first in Azerbaijan, as well as the country’s first independently funded solar project. Garadagh will be able to produce 500 million kilowatt-hours of electricity annually, enough to power over 110,000 homes.

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Ocean Winds invests €3 billion to develop offshore wind projects

In order to construct offshore wind projects by 2025, Ocean Winds, a joint venture (JV) company between EDP and Engie, has made the decision to invest €3 billion. Engie and EDP have each agreed to invest €1.5 billion in the development of the project. Additional funding for the projects will be obtained through debt and financing from external partners. 

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Mitsubishi Power co-develops battery storage projects in Ireland

Mitsubishi Power, a Japanese power company, will collaborate with renewable energy developer ION Renewables to construct four battery energy storage system (BESS) projects in Ireland. Ion Renewables has signed an exclusive agreement with Mitsubishi Power Americas for the four projects, which will use Mitsubishi’s Emerald storage solutions and have a combined capacity of 185.5MW or 371MWh. 

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Celsia orders 369 MW of Nordex wind turbines for projects in Colombia

Celsia, a power distribution company, has received a 369 MW wind turbine supply order with German wind turbine manufacturer Nordex Group for three wind projects in Colombia. Nordex will deliver 63 wind turbines to the Acacia II, Camelias, and Carreto wind farms as part of the contract. The Acacia II and Camelias wind projects are in the Guajira region of Colombia, while the Carreto wind project is in Atlantico.

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Ireland allocates 414 MW of wind and 1,534 MW of solar projects

EirGrid, Ireland’s state-owned electricity grid, has announced the final auction results for 1.9 GW of renewable energy capacity under the Renewable Electricity Support Scheme 2 (RESS 2). The auction resulted in the allocation of 414 MW of onshore wind capacity and 1,534 MW of solar capacity. The winning bids had a weighted average price of $101.80 per MWh.

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Siemens Gamesa to supply wind turbines for Vena Energy

Siemens Gamesa, a Spanish wind turbine manufacturer, has received an order from Vena Energy, a Singapore-based company, to deliver wind turbines for a 133 MW wind project in Karnataka, India. As per the agreement, Siemens Gamesa will supply 37 of its 3.X platform turbines, known as SG 3.6-145, for the project. The turbines would be manufactured at Siemens Gamesa’s facilities in India, and installation work at the site is slated to begin in 2023.

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EXIM Bank invites EPC bids for a solar project in Bangladesh

The Export-Import Bank of India (EXIM Bank) has issued a request for proposals for a 100 MW solar project in Madarganj, Bangladesh’s Jamalpur district. The Exim Bank of India has approved the financing of a project from a line of credit extended to the government of Bangladesh to finance development initiatives.

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Canadian Solar to sell stake in 738 MW solar capacity to SPIC Brasil

Canadian Solar has agreed to sell its 70 per cent stake in Brazil’s Marangatu and Panati-Sitiá solar farms to SPIC Brasil for an undisclosed sum. The two solar projects will have a combined generating capacity of 738 MW and will cover a land area of 2,200 hectares. The projects are in advanced stages of development and are located in the states of Piaui and Ceara in Brazil’s north-eastern region.

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SWEPCO seeks approval to acquire renewable energy projects in the US

Southwestern Electric Power (SWEPCO), a subsidiary of American Electric Power (AEP), is seeking approval from Arkansas, Louisiana, and Texas utility regulators to acquire three renewable energy projects. Mooringsport, a 200 MW solar farm in Caddo Parish, Louisiana, and Diversion, a 200.6 MW wind farm in Baylor County, Texas, are two of the companies’ targets. SWEPCO is also looking to purchase Wagon Wheel, a 598.4 MW wind farm in Oklahoma’s Garfield, Kingfisher, Logan, Payne, and Noble counties.

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AES signs PPAs to deliver 450 MW of clean energy to Amazon

AES Corporation, based in the US, has signed two power purchase agreements (PPAs) with Amazon to supply 450 MW of clean energy to power its data centre operations in California. AES Corporation’s portfolio of projects will deliver clean energy to the California Independent System Operator (CAISO) market with 450 MW of solar and 225 MW of four-hour duration battery energy storage.

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Iberdrola acquires rights for 1 GW onshore wind farm in Australia

Iberdrola has acquired the rights to Mount James wind farm in Queensland, Australia. The wind energy project covers more than 50,000 hectares of land and has completed its environmental studies. Reportedly, Mount James, in North Queensland, is said to be the world’s largest onshore wind farm, with a capacity of 1 GW.

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