CleanTech Report 2021.02.18

New initiative in Bahrain to save $610 million.
South Korea announces 8.2 GW wind complex.
South Africa lines up 2.6 GW renewable energy procurement round.
European consortium to deliver 95GW of solar and 67GW of hydrogen by 2030.

CleanTech Report February 18th 2021

NORTH AMERICA

WEC Energy Group Announces Plan For Wisconsin’s First Large-scale Solar And Battery Storage Project

Market Screener

WEC Energy Group today proposed plans for a new 310-megawatt (MW) solar and battery storage project. If approved, the Paris Solar-Battery Park in Kenosha County would be the largest facility of its kind in Wisconsin. The facility features 200 MW of solar generation — which is equal to powering 60,000 homes, and 110 MW of battery storage.

 

Greenbriar Announces Voya Financial Extension Of $195 Million Project Finance Mandate For Montalva

News Patrolling

Greenbriar is pleased to announce it has executed a one year extension of the USD $195 Million Montalva project financing mandate with Voya Investment Management, LLC  for the Company’s 160 MW DC/80 MW AC Montalva Solar Project. This project financing takes place at the project level and does not involve the sale or dilution of the Company’s shares. 

 

Highview Power Closes Growth Capital Funding Round With $70 Million

Off-Grid Energy

Highview Power, a leader in long duration energy storage solutions, has closed its Growth Capital round of funding with over $70 million, bringing the total amount of funding and grants the company has secured to date to over $145 million.

 

LATIN AMERICA

Mexican Tourism Body Aims To Spark State-Backed Solar Blitz

Reuters

Mexico is crafting a plan to promote state-backed solar power generation that could spur well over $1 billion in investment, benefit local communities and help the government meet environmental targets, a senior official said on Tuesday.


Voltalia Breaks Ground On 99.4MW Wind Park In Brazil

Renewables Now

France’s Voltalia SA has initiated the construction of its 99.4-MW Canudos 1 wind farm in Brazil’s Bahia state.


SMA Achieves Sales Milestone In Latin America

Alt Energy

SMA has reached a historic milestone, selling a cumulative capacity of 2.5 gigawatts of solar PV technology with SMA system solutions in Latin America.

 

EUROPE

European Consortium To Deliver 95 GW Of Solar And 67GW Of Hydrogen By 2030

Renew Economy

A consortium of 30 European energy companies and financial institutions have launched the HyDeal Ambition project, which aims at delivering 100% green hydrogen across Europe at a price of just €1.5/kg before 2030 by building 95GW worth of solar capacity and 67GW worth of hydrogen electrolysis capacity.


Luxcara And GE Renewable Energy To Deliver 753 MW Wind Capacity To Sweden

PEI

According to the Luxcara press statement, the project will be the largest single onshore wind farm in Europe and GE’s largest onshore wind farm contract outside of the US. Luxcara has already started infrastructure work, and GE will begin installing turbines as early as July of this year.


Orange Signs PPA With Engie To Develop Solar Projects In France

Environment Energy Leader

The PPA will help Orange reach its goal of reducing 30% of its direct CO2 emissions by 2025 (compared to 2015) and reaching an electricity mix of 50% renewable energy.

 

ASIA

Australia, Japan And Vietnam Lead Renewable Energy Shift In Asia Pacific

Energy Voice

Australia, Japan and Vietnam are leading the shift to renewable energy in Asia Pacific, according to the latest research from IHS Markit. Significantly, coal and gas power plants are also being built at a brisk pace as part of the energy mix across the region.


Renewable Energy Capacity To Grow By 1 GW This Year

Taipei Times

Taiwan expects to add more than 1 gigawatt of renewable energy capacity this year, the Bureau of Energy said yesterday. Three new offshore wind farms are slated for completion or partial operation this year, which would contribute more than 800 megawatts, while a major solar project on Taiwan Sugar Co’s land due to begin operations this year would account for 181 megawatts.


South Korea Announces Ambitious 8.2 GW Wind Complex

Renewable Energy World

South Korea has unveiled a KRW 48.5 trillion ($43.2 billion) project to develop an 8.2GW wind complex offshore the Sinan County, South Jeolla Province. The project is said to be the world’s largest of its kind and forms part of the country’s efforts to support a green recovery.

 

MENA

Sterling And Wilson Solar Limited Wins Inr 930 Crore Order In Egypt

News Patrolling

Sterling and Wilson Solar Limited, today announced that it has signed an order worth USD 127.5 million in the Kom Ombo region of Egypt. The order has been received from Saudi Arabia’s leading renewable energy company and is scheduled to be commissioned by Q1 2022.


New Initiative In Bahrain To Save $610 Million

ZAWYA

Solar, wind and waste to energy technologies are set to generate around 250 megawatts (MW) of energy making up five per cent of the Bahrain’s energy mix by 2025, the Sustainable Energy Authority (SEA) president Dr Abdulhussain Mirza has said.


Morocco Solar Plant Advances Nestlé Towards Zero Net Emissions

Trade Arabia

The port city of El Jadida on Morocco’s Atlantic coast has become home to the latest Nestlé solar plant in the Middle East and North Africa (Mena), with the installation of nearly 2,600 photovoltaic (PV) panels on a 7,000 sq m annex to the company’s local milk and coffee products factory. 

 

AFRICA

South Africa Lines Up 2.6 GW Renewable Energy Procurement Round

PV-Tech

South Africa’s government will issue a request for proposals in the coming weeks for 2.6GW of additional solar and wind capacity, it has been announced by President Cyril Ramaphosa.


Africa Infrastructure Bank Looks Forward To Greener Future

Financial Times

Africa Finance Corporation, a pan-African infrastructure bank, plans to shift its energy portfolio towards greener projects in a bid to attract greater interest from institutional investors, according to its new chief investment officer.


$145 Million From DFC And The Shell Foundation For Access To Green Electricit

Afrik21

The U.S. Development Finance Corporation (DFC) and the Shell Foundation have just signed a partnership to strengthen their investments in renewable energy in Africa and Asia. The two partners will invest $145 million by 2025.

 

AUSTRALIA

Ayala And Partners Secure Funding For Solar Farm In Australia

Inquirer

The Ayala group’s joint venture firm with Hong Kong-based UPC Renewables has clinched a funding for the 400-megawatt initial stage of a planned 720-MW solar project in New South Wales, Australia.

 

Solar And Storage To Take Over From Australian Uranium Mine

PV-Magazine

The Ranger Uranium Mine ceased production in Australia’s Kakadu National Park in January, following years of financial losses. Now, as part of a multimillion dollar rejuvenation of the park, there are plans to develop a solar and battery storage hybrid project near the town of Jabiru.

 

AC Energy’s $481 Million Solar Venture In Australia Reaches Financial Close

Manila Standard

AC Energy and Infrastructure Corp. of the Ayala Group said Monday its solar joint venture in Australia reached a financial closing on the first phase of the project involving 400 megawatts and a cost of $481 million (Au$619 million).

 

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