CleanTech Report April 28th 2020 |
AFRICAEnel Green Power Seeks 50% Renewable Energy Partner Independent Power Producer (IPP) Enel Green Power, a subsidiary of Italian energy giant Enel, is looking for a financial partner to take over up to 50% of the shares in its African renewable energy activities. AfDB-Managed SEFA Grants $760,000 To Set Up Renewable Projects In Africa The Sustainable Energy Fund for Africa (SEFA), which is managed by the African Development Bank (AfDB), has approved a grant of $760,000 (₹57.61 million) to Empower New Energy As (EmNEW). This grant will help develop at least eight small renewable energy projects in Africa. The projects will have a capacity ranging between 1-10 MW. Côte d’Ivoire Offers Electricity Payment Relief In several countries across West Africa, Covid-19 has disrupted the way of life, stranding millions of families at home. This has forced citizens and public utility companies to design coping systems while ensuring basic coverage needs are met. |
ASIAAsian Development Bank Approves $100 Million Loan To Help Supply Renewable Energy To Mongolia The Asian Development Bank (ADB) has approved a $100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). Japan’s Enechange And Looop Invest In Turkish Solar Plant Japanese firms Enechange and Looop will invest $10 million to acquire joint operation rights for 10 years for a solar power plant in Turkey’s western province of Denizli. The investment which will be realized through a joint energy fund, with a total investment target of $100 million in which Japanese companies will carry out decarbonization investments over the next 10 years. Singapore Achieves 2020 Solar Target: Enough To Power 60,000 Households A Year Just in time for Earth Day, Singapore has met its 2020 solar target of 350 megawatt-peak (MWp) — roughly enough to power 60,000 households a year, the Energy Market Authority (EMA) and JTC Corporation said on Wednesday (April 22). |
AUSTRALIAAustralia’s Main Grid Sets New Milestone For Negative Prices Over Weekend Negative prices are not just afflicting the US oil market. They’ve been a feature of Australian – and other – electricity markets from time to time, since the nights of excess and inflexible coal generation (that caused hot water heating to be switched to midnight) right through to surplus wind and solar output and the emergence of deep solar “duck curves.” Solar Bay Announces $350M Commercial Solar Buy-Back And PPA Scheme Renewable energy fund Solar Bay has acquired the rights to the 500kW solar system installed on the roof of Sydney’s International Convention Centre, as part of what it says will be a $350 million program to buy back commercial and industrial solar across the Asia Pacific region. Energy Giant Suffers Financial Hit From Problems At Australia’s Biggest Solar Farm European energy giant Enel Green Power has taken a substantial hit from the ongoing production delays at what should be the biggest solar farm in operation in Australia, the Bungala solar project near Port Augusta in South Australia. |
EUROPE100% Renewable Europe: Solarpower Europe Report Europe can achieve climate neutrality before 2050 by going full-on renewable. That is what a report published recently by solar power association SolarPower Europe and Finland’s LUT University has revealed. Germany Bets On Green Hydrogen In Quest For Climate Neutrality In the fight against climate change, hydrogen made with renewable electricity is increasingly seen as a silver bullet for sectors with particularly stubborn emissions, such as heavy industry and aviation. As a result, the emission-free gas has become a big energy-policy talking point in a growing number of countries. DSM Signs Largest Renewable Energy PPAs with EDPR, Origis Energy Dutch multinational active in nutrition, health and sustainable living, Royal DSM has inked its largest renewable energy (RE) Power Purchase Agreements (PPAs) to date with EDPR and Origis Energy in Europe and USA respectively. |
LATIN AMERICAAES Approves ‘Largest Capital Raise’ To Date For 1.6GW LatAm Renewables Push Chilean developer AES Gener is to support plans for a consequential renewables build-out with a new capital raise, reportedly the largest it has seen in its history. In recent days, an extraordinary meeting of shareholders of the Santiago-based firm voted to approve the proposed raising of US$500 million to back the installation of 1.6GW of solar and wind in Chile and Colombia. Amerisolar Plans New 200 MW Solar Panel Factory In Brazil Chinese manufacturer Amerisolar and Brazilian energy company Nova Renováveis are planning to set up a 200 MW solar module manufacturing facility in Belo Horizonte, in the Minas Gerais state. Renewables Output Rises 75.4% In Argentina In March Argentina generated 913 GWh of electricity with renewables, up by 75.4% year-on-year, this March, according to the latest monthly report by the wholesale electricity market administrator CAMMESA. |
MENAIran’s Largest Hydro Power Plant To Be Built In Yazd With Foreign Investment The permit to finance the project by a foreign investor has been issued by the state Organization for Investment and Economic-Technical Assistance. The investor is currently making the preliminary arrangements and finding a suitable location to build the power station. Egypt’s Kom Ombo Solar Plant Begins Operation The first state-backed large-scale solar station has started operation in Kom Ombo near Aswan. The 26MW capacity station was set up in cooperation with Spain, with investments amounting to EGP 400m, and will produce energy sold at 3.2 piasters per kw/h. Acciona Steps Up Efforts For Smooth Operation Of Mideast Projects Acciona, a leading supplier of sustainable infrastructure solutions and renewable energy projects, said it is taking all precautionary measures against Covid-19 for smooth operations of its projects in the Middle East region close collaboration with its clients including implementing the ‘work from home’ policy whenever suitable. |
NORTH AMERICAGM Increases Use Of Renewable Energy General Motors and DTE Energy are teaming up to accelerate Michigan’s transition to renewable energy with a deal to source 500,000 megawatt hours of solar energy as part of DTE’s MIGreenPower program. Google Unveils New Tool To Optimise Data Centres For Renewable Energy Use Google this week revealed a “carbon-intelligent computing platform” which optimises compute tasks in its data centres for times when renewable energy is more plentiful. The tech giant says the new software will help it achieve its goal of ‘24×7 carbon free energy’. Los Angeles To Explore Solar Partnership With The Navajo Nation The partnership would pursue cost-effective solar projects that benefit ratepayers and provide “environmental justice and economic equity to the Navajo Nation,” after the city received power from the coal-burning Navajo Generating Station for decades—and paid less than fair value for coal, land leasing, and water, say advocates. |
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