CleanTech Report December 15th 2020 |
M&AEnel Invests $1.1 Billion In Five New Brazil Renewable-Energy Plants Enel SpA said Monday that its Brazilian renewable-energy subsidiary is building five new plants in the country, with a total capacity of 1.3 gigawatts. Enel Green Power Brasil Participacoes Ltda. has begun construction on four wind farms and one solar plant in Brazil’s north-east, the Italian energy company said. The Sao Goncalo III solar plant is being built in the state of Piaui, and will take the Sao Goncalo solar site to a total installed capacity of 864 megawatts. Omers Infrastructure Management In Talks To Invest Up To $700 Million In Greenko Energy Negotiations have gathered momentum months after the Hyderabad-based clean energy company raised $980 million from Japan’s Orix Corp. for a stake of about 20%, the single largest foreign direct investment (FDI) in India’s renewable energy sector. Omers is one of Canada’s largest pension funds. Residential Renewable Energy Developer Swell Is Raising $450 Million For Distributed Power Projects Swell Energy, an installer and manager of residential renewable energy, energy efficiency and storage technologies, is raising $450 million to finance the construction of four virtual power plants representing a massive amount of energy storage capacity paired with solar power generation.
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NORTH AMERICAClean Energy Project In Nevada Desert Could Be Worth $3 Billion A company specializing in clean energy design has unveiled plans to build a carbon-neutral industrial park in the northern Nevada desert that it says would be the largest in the United States powered by locally generated renewable energy. TerraScale officials say the Energos project they plan to develop on up to 5.7 square miles (14.7 square kilometers) of land in Churchill County just east of Reno could eventually be worth billions of dollars. CIT Serves As Coordinating Lead Arranger for $256 Million Texas Solar Financing CIT Group Inc. (NYSE: CIT) recently announced that its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, Texas. 7X Energy is a leading utility-scale solar developer, owner, and asset manager that has originated 1,350 (MWac) of solar projects that are operational or under construction in Texas alone and has a pipeline of over 4,000 MW across the United States. California Rule Facilitating the Recycling of Solar Panels Takes Effect January 1, 2021 A new rule will take effect in California on January 1, 2021 that will allow generators of decommissioned solar panels (photovoltaic or PV modules) to manage them more economically as universal waste as opposed to hazardous waste under current California law. This is the first rule in the country to identify solar panels as universal waste to reduce management burdens and facilitate recycling. |
LATIN AMERICASolar Power From Argentina’s Puna Highlands Reaches Entire Country The unprecedented growth of renewable energies in Argentina over the last three years has borne its greatest fruit: the Cauchari solar park, with nearly one million photovoltaic panels and 300 MW of installed power, which was connected to the national power grid on Sept. 26. The solar park is located in the extreme northwest province of Jujuy some 1,700 km from Buenos Aires, near the borders with Chile and Bolivia, with whom it shares the Puna ecoregion of high Andean plains covered by grasses and shrubs. Colombia And Chile Join Forces To Lead Incorporation Of Hydrogen As A Clean Energy Source In Latin America The Colombian Minister of Energy, Diego Mesa, met in Santiago de Chile with his counterpart, Juan Carlos Jobet, in order to unify efforts to incorporate hydrogen as a clean energy source in Latin America, continuing the path of energy transition that they have led the two countries and in the middle of an international agenda that the National Government advances in that country. In this sense, there are great opportunities for the governments of Colombia and Chile to join forces to help consolidate a competitive hydrogen export market to other continents, where the two countries position themselves as large-scale producers of this fuel. Colombia Offers The Best Conditions For Renewables Investment During the inauguration of the first solar plant in the department of Tolima, built by the Celsia company, President Iván Duque invited national and international investors to set their eyes on Colombia, since the country has the most favorable conditions in America Latina for the commitment to non-conventional renewable energies. “All those in Colombia who want to come to develop these investment projects will come to find something fascinating and that is that we have the best regulatory, regulatory and fiscal framework in all of Latin America for the expansion of non-conventional renewable energies”, the President specified. |
EUROPERenewables Meet 46.3% Of Germany’s 2020 Power Consumption, Up 3.8 Pts Renewable sources met 46.3% of Germany’s power consumption in 2020, 3.8 percentage points more than in 2019, utility industry association BDEW said on Monday, adding that parts of the increase came from a drop in usage in the coronavirus crisis. EU Regulators Okay 30-Billion-Euro Dutch Scheme To Cut Greenhouse Gas Emissions EU competition regulators cleared on Monday a 30-billion-euro ($36.5 billion) Dutch scheme to support projects reducing greenhouse gas emissions, saying it would contribute to the EU’s environmental objectives without hurting competition. The scheme Stimulering Duurzame Energieproductie (SDE++) will run until 2025. Beneficiaries will be selected, the support level set, and the aid allocated, through competitive bidding processes, the European Commission said in a statement. Solar Product Startup Solivus Raises Over £670,000 Through Seedrs Campaign Solivus, a UK-based startup that designs and creates solar products for the home and bespoke solar solutions for businesses, has successfully secured more than £670,000 in funding through its equity crowdfunding campaign on Seedrs. The funding round recently made its debut, originally seeking £500,000. Founded in 2016, Solivus’ mission is to allow mega-buildings, homes, and communities to lower their carbon footprint and generate their own local green energy through our family of solar solutions. |
ASIAIndia’s Renewable Energy Capacity Crosses 90 GW In November The total installed capacity of Indian renewable sector has surpassed 90,000 MW during November 2020 amid continuing challenges for the developers in the segment. The new capacity addition in the renewable energy segment has been slow so far in this fiscal. During November, an estimated 463 MW of new capacity was added in the RE sector, taking the cumulative RE energy capacity in India to about 90.4 GW as on November 30, 2020. Ecoppia Signed Another Significant Project Of 450MW With Solar Leader Azure Power Ecoppia, the pioneer and world leader in robotic solutions for photovoltaic solar, announced today yet another significant project of 450MW signed in October with Azure Power, the renowned solar energy player. The project is now reaching advanced stages, scheduled to go live on the beginning of Q1 2021. Despite the ongoing global pandemic, Ecoppia secured new projects for more than 10GW in the last four quarters, maintaining a compound annual growth rate (CAGR) of more than 280% in the last six years. Pakistan To Have 30 Percent Renewable Energy By 2030 Pakistan has set targets for introducing 20 percent renewable energy by 2025 and 30 percent by the end of 2030. As per the shared details, this was shared by Special Assistant to Prime Minister on Petroleum (SAPM) Nadeem Babar during a meeting with United Kingdom High Commissioner in Pakistan Dr. Christian Turner at the Petroleum Division on Thursday. The SAPM was briefing the British official about structural reforms being carried out in the energy sector in view of the newly promulgated Renewable Energy Policy. |
MENA‘Israel Is A Global Leader In Cutting Coal Consumption’ Israeli Prime Minister Benjamin Netanyahu told the 2020 Climate Ambition Summit this weekend about the progress his government has made and the challenges it faces in the field of clean energy. In a pre-recorded video address, broadcast on Saturday at the virtual gathering—co-convened by Britain, the United Nations, France, Chile and Italy—Netanyahu thanked British Prime Minister Boris Johnson for hosting the summit, and stated that, like Britain, “Israel is totally committed to a successful transition from fossil fuels to renewable energy by 2050.” EBRD, TAQA Arabia Promote Private-to-private Renewable Energy In Egypt The European Bank for Reconstruction and Development (EBRD) is promoting the expansion of renewable energy in Egypt by supporting one of the first green private-to-private projects in the country, with an initial $4.2m loan to TAQA PV for Solar Energy, a subsidiary of TAQA Arabia. The loan is part of a financing package of up to $10m to expand TAQA Arabia’s private-to-private renewable energy business. UAE Firm Joins Efforts With APICORP To Develop Solar Energy Solar developer Yellow Door Energy (YDE) has joined efforts with the Arab Petroleum Investments Corporation (APICORP), a Saudi Arabia-based multilateral development financial institution, in order to establish solar photovoltaic plants in the region, particularly Jordan and Pakistan. Founded in 2015 in the UAE and Jordan, Yellow Door Energy’s goal is to provide sustainable energy solutions for both industrial and commercial businesses. The company, whose clients include premier businesses such as Carrefour and Nestle, now has over 110 megawatts of solar projects across the UAE and Jordan. It has also recently expanded its presence to Bahrain, Oman and Saudi Arabia. |
AFRICAHow 25 Million Nigerians May Benefit From N140 Billion Solar Power Access to electricity is one target the Federal Government said it is pursuing with vigour. At least over 80 million Nigerians are yet to have access to electricity, according to the World Bank. In this regard, the Federal Government recently launched the N140 billion Solar Power Naija scheme targeted at providing five million connections that will benefit 25 million Nigerians while creating 250,000 jobs. Our reporter analyzes the accessibility process in this piece. The Federal Government, recently launched the N140billion Solar Power Naija scheme, targeted at providing five million connections that will benefit 25 million Nigerians while creating 250,000 jobs. Kenya To Add 80MW Of Solar Power To National Grid In 2021 Kenya is set to add 80 megawatts of solar power to the national electricity grid in 2021, the country’s energy regulator said on Friday. Caroline Kimathi, principal renewable energy officer at the Energy and Petroleum Regulatory Authority (EPRA), told journalists in Nairobi that Kenya generates approximately 200 megawatts of electricity from harnessing the sun’s energy. “Private investors have received approval to build two solar electric plants at 40 megawatts each that will be operational in 2021,” Kimathi told a forum on reviewing a draft regulation on solar energy. Amazon Is Going To Generate Its Own Renewable Electricity Over South Africa’s National Grid Amazon is planning to generate its own electricity to run through the grid of South Africa’s struggling state-owned power utility Eskom. The US tech giant wants to power its new data centers including the ‘region’ data center one for storage and processing opened in Cape Town by its cloud computing subsidiary, Amazon Web Services in Cape Town. Data centers are heavy energy users with banks of computing power running round-the-clock and often requiring cooling equipment to avoid overheating. It’s estimated data centers currently use up to 1% of the world’s electricity. |
AUSTRALIAWorld’s Largest Solar-Powered Vanadium Flow Battery Green-Lit For The Flinders Ranges The federal government is backing the world’s largest solar-powered vanadium flow battery to be built near Hawker in the Flinders Ranges. The $20.3 million project, developed by Yadlamalka Energy, will also incorporate a 6MW solar photovoltaic array at the Neuroodla electricity substation. The Australian Renewable Energy Agency has granted $5.7 million in funding to support the installation of the battery component of the project.
Queensland Renewable Energy Zones “Flooded” With 60,000MW Of Project Proposals Renewable energy investors have “flooded” the Queensland government with expressions of interest in building out the state’s renewable energy zones, putting forward proposals for enough projects to create 60,000 megawatts of clean energy.. The Queensland Labor government put out the call for new renewable energy generation and storage projects in early September, in a first formal step towards unlocking the state’s newly designated renewable energy zones – a vital ingredient for achieving the target of 50% renewables by 2030.
$36 Billion Australian Renewables Hub To Produce Hydrogen For Export A $36 billion project to mass-produce hydrogen from renewable power sources is underway in Australia, fueling Canberra’s hopes of turning clean energy exports into a major revenue generator as countries begin to shun coal. The Asian Renewable Energy Hub plans to build wind turbines and photovoltaic systems generating 26,000 megawatts on 6,500 sq. km leased in the state of Western Australia. The space for the project is six times the size of Hong Kong.
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