CleanTech Report 2021.01.26

CleanTech attracted over $500 billion dollars and global green bond issuance hit new record in 2020.
Europe’s three largest energy companies announce plans to eliminate most greenhouse gas emissions.
Thailand to flip on world’s largest floating solar farm in June.
JinkoSolar begins construction on 20 Gigawatt solar cell factory.
Dutch companies sign deal to buy 330 GWh of power from Finland.

CleanTech Report January 26th 2021

M&A

Turnkey Capital Closes Acquisition Of Affordable Solar Solutions

Access Wire

Turnkey Capital Inc. (OTCQB:TKCI) is pleased to announce that it has closed its acquisition of Affordable Solar Solutions, a solar photovoltaic (PV) design and installation company.


Avantax Advisory Services Inc. Sells 5,561 Shares Of Invesco Solar ETF

Daily Political

Avantax Advisory Services Inc. lowered its holdings in Invesco Solar ETF (NYSEARCA:TAN) by 30.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. 


Encavis Infrastructure Fund Receives €150 Million In Equity And Acquires The Largest Solar Plant In The Netherlands

Market Screener

Encavis Asset Management AG (Encavis AM), a subsidiary of SDAX-listed Hamburg-based wind and solar park operator Encavis AG headquartered in Neubiberg near Munich, continues to establish itself as a sought-after asset management partner for institutional investors.

 

NORTH AMERICA

Clean Energy Attracts Half A Trillion Dollars Of Funding For First Time

Forbes

BloombergNEF reports that “the world committed a record $501.3 billion to decarbonization in 2020, beating the previous year by 9% despite the economic disruption caused by the Covid-19 pandemic.”

 

Global Green Bond Issuance Hit New Record High Last Year

Business World

The United States issued the most green bonds, with a total value of $51.1 billion, followed by Germany at $40.2 billion and France at $32.1 billion.

 

Dominion Adds To Its Solar Energy Portfolio

PV-Magazine

Dominion Energy said that one of its subsidiaries has acquired the 150 MW Hardin solar generating facility in Ohio from Chicago-based Invenergy.

 

LATIN AMERICA

MPC Capital Raises $100 Million USD To Build Green Energy Plants In Colombia, Jamaica, El Salvador

Finance Colombia

MPC Capital AG has launched a new entity named “MPC Energy Solutions” after raising $100 million USD in a private placement in anticipation of its listing on Oslo Stock Exchange’s Euronext Growth segment. The private placement was oversubscribed and attracted strong interest from Nordic and international investors.


Networked Energy Services Expands Commitment To Latin America

SEI

Networked Energy Services Corporation (NES), a global smart grid solution provider with the industry’s leading Energy Applications Platform (EAPTM), is proud to announce its expansion and continued focus related to the smart metering market in Latin America (LATAM).


Siemens Gamesa To Supply Turbines For 434 MW Project In Brazil

Renewable Energy Magazine

Siemens Gamesa’s global partnership with leading electricity supplier Engie has grown stronger following the signing of a 434 MW contract to supply the benchmark Siemens Gamesa 5.X onshore platform to the Santo Agostinho wind farm located in the north-east Rio Grande do Norte state.

 

EUROPE

Dutch Companies Sign 10-Year Deal To Buy 330 GWh Of Power From Finland

Reuters

A consortium of four Dutch companies, including Heineken and Philips, said on Monday they have signed a 10-year contract to purchase 330 gigawatt-hours (GWh) of power annually from a wind farm being built in Finland.


Eco Atlantic Oil & Gas Forms Renewables JV Targeting European Solar Market

Renewables Now

Canada’s Eco Atlantic Oil & Gas Ltd has launched a renewable energy joint venture (JV) with UK-based Nepcoe Capital Partners Ltd with the goal to source, acquire and develop high yield solar projects in the sunniest parts of Europe.


Total Gets Fastest Start On Clean Energy Among Europe Oil Majors

Bloomberg

Europe’s three largest oil and gas companies — Total, BP Plc and Royal Dutch Shell Plc — all announced plans last year to eliminate most greenhouse gas emissions from their operations and the fuels they sell in the coming decades.

 

ASIA

Thailand To Put World’s Largest Floating Solar Farm Into Use This June

Thailand Business News

The facility, which generates power on a water surface of 72 hectares, was originally scheduled for operation in December last year, but the launch was postponed due to the COVID-19 pandemic.


LONGi And KENO Enter Partnership To Bring 300MW High-Efficiency Solar

TASS

LONGi, one of the world leading PV manufacturers, and KENO, one of the largest distributors located in Gliwice, Poland, recently signed an agreement to ensure supplies at the level of 300MW in the coming year. This is the next step in developing long-term relationships and increasing cooperation between the manufacturer and the distributor.


JinkoSolar Begins Construction On 20 Gigawatt Solar Cell Factory

Clean Technica

JinkoSolar, one of the largest solar module producers in the world, is ramping up its solar cell production tremendously. It is building a 20 gigawatt solar cell factory that is expected to be fully operational by the end of 2021. The factory is being built in Chuxiong, Yunnan Province, China. The first 10 gigawatt (GW) half of the factory is supposed to be online by May 2021.

 

MENA

Saudi Company To Build Power Plant And 2 Wind Farms In Uzbekistan

AKIpress

Saudi Arabian water and energy company ACWA Power will build a power plant and two wind farms in Uzbekistan totaling $2.5 billion, according to a statement released by the Ministry of Investments and Foreign Trade of Uzbekistan.


Iraq Aims For 20-30% Renewable Energy Output By 2027

ZAWYA

OPEC oil producer Iraq has set a target to upgrade renewable energy production to between 20-30 percent of the total power output by 2027, the country’s Oil Minister has said.


Azelio And Svea Solar Sign MoU For Joint Projects

ZAWYA

The collaboration will span over at least 3 projects in 2021, 5 projects in 2022, and 10 projects in 2023. A total of 8 MW of installed power and more than 100 MWh in equivalent storage capacity.

 

AFRICA

SA Plans Three Renewable Energy Rounds Over Coming Year

Engineering News

South Africa plans to launch three procurement rounds for 6,800 MW of renewable energy over the next year, as well as a combined 5 000 MW of new coal, gas and storage, a presentation by the governing African National Congress (ANC) showed.


Green Light For Two Renewable Energy Mergers In SA

IT Web

South Africa’s competition watchdog has given the green light for two mergers of companies that supply renewable energy to power utility Eskom.


GCA Initiative Will Galvanize $25 Billion To Scale Up African Climate Adaptation

Relief Web

African Development Bank President Akinwuma A. Adesina announced the launch on Monday of the Africa Adaptation Acceleration Program (AAAP) to mobilize $25 billion to scale up and accelerate climate change adaptation actions across Africa. The announcement came during the Climate Adaptation Summit (CAS) 2021, hosted by the government of the Netherlands and the Global Center on Adaptation.

 

AUSTRALIA

First Transactions Made Using Renewable Energy Hub’s ‘Virtual Storage’ Contract In Australia

Energy Storage

Renewable Energy Hub has announced the first transactions as part of its new ‘Virtual Storage’ electricity swap contract in Australia. The financial instrument allows participants to buy and sell stored electricity, helping them to set spread between charge and discharge price from both battery storage and pumped hydro energy operators.

 

Australia Looks To Smart Inverters To Cram More PV Into World’s Top Solar Market

GTM

The AUD $4.8 million (USD $3.7 million) project, which will cover 600 customers across the two states, will allow rooftop solar customers to vary their exports to the network in alignment with available grid capacity, instead of being restrained by fixed export limits. 

 

APA Takes A Tilt At $1.3 Billion Renewables

The Australian

The $11bn listed APA Group is understood to have hired investment bank UBS as part of an attempt to buy a 65.6 per cent stake in Tilt Renewables, currently worth about $1.3bn. The stake is owned by Infratil, which is considering a sale after fielding approaches.

 

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