CleanTech Report February 25th 2021 |
NORTH AMERICADuke Energy Announces Major Solar Additions In Florida And The Carolinas More than 1.3 GW will be built or owned by the utility across Florida and the Carolinas in the coming years, driven by the company’s Competitive Procurement for Renewable Energy program. The US Added 16.5 GW Of PV In 2020 Solar and wind power installations hit all-time highs and became a larger part of the country’s energy mix in 2020, according to a new report from BloombergNEF. Breaking Down Power Sources From Gas To Wind In Texas The state of Texas produces more electricity than any other state — more than double the amount that the next closest state, Florida, produces. ERCOT said all types of facilities, not just the ones that produce renewable energy, were affected by the statewide outages. |
LATIN AMERICAAtlas Renewable Energy Top Clean Power Developer In Latin America Bloomberg’s NEF 1H 2021 Corporate Energy Market Outlook published on Jan. 26, 2020, has ranked Atlas Renewable Energy as the number one clean energy developer selling renewable energy to corporate buyers in Latin America during 2020. Aker To Explore Green Hydrogen In Chile Aker Clean Hydrogen and Mainstream Renewable Power have signed a letter of intent to explore the development of green hydrogen and low-cost ammonia production in Chile. Aussie Enegix Energy To Invest $5.4 Billion In Green Hydrogen Hub In Brazil Australian renewable energy company Enegix Energy will be part of a USD-5.4-billion (EUR 4.4bn) green hydrogen project in Brazil’s Ceara state. |
EUROPESpain’s Capital Energy Accelerates Plans For 4 Billion Euro IPO Spanish renewable energy group Capital Energy is speeding up plans to list a 25% stake on the Madrid stock market, taking advantage of heightened investor interest in clean power, newspaper Expansion reported on Monday, citing market sources. Glennmont Completes First Ever Green SRT Securitisation In Italy On EUR 1.7 Billion Pan-European Portfolio The SRT transaction is structured around a pan-European renewable energy portfolio worth EUR1.7 billion held by Intesa Sanpaolo, covering an exposure to project finance loans in excess of 7 GW of installed capacity in solar, wind, and bio energy power plants. The transaction demonstrates Glennmont’s continued focus on developing new and innovative ways of financing clean energy technologies, and forms a key part of its credit investment strategy to deliver value for its investors. SolarPower Europe And EIT InnoEnergy Launch The European Solar Initiative The European Solar Initiative, an industry-led effort supported by the European Commission, aims to scale up the solar PV industry value chain in Europe, and capture the booming European demand for solar, estimated at 20 GW per year for the next decade, creating an additional €40bn GDP annually and 400,000 direct and indirect jobs. |
ASIAThailand Energy Company Secures ADB Aid For Renewables And EV Projects A $47.62 million green loan issued to the largest renewable energy company on the Stock Exchange of Thailand, Energy Absolute Public Company Limited, will be used to finance ongoing renewable energy projects and a countrywide EV (electric vehicle) charging network. Vietnam Among Top 3 Leading Nations In Renewable Energy Shift In Asia Pacific According to Markit’s Renewable Additions Index, Vietnam leads emerging markets, the country promotes feed-in tariffs to attract investment in solar and wind power. Abu Dhabi’s Clean Energy Giant Masdar Widens Footprint In Asia Abu Dhabi’s clean energy powerhouse Masdar is homing in on its next geography – Central Asia. The company recently completed the financial close of the Nur Navoi Solar Project in Uzbekistan… and there could be more. |
MENAIraq Seeks International Investors To Build 750 MW Solar Projects Iraq is seeking international investors to build seven solar power plants, with a total capacity of 750 megawatts (MW) as it aims to develop its renewable energy potential. Morocco Solar Plant Advances Nestlé Towards Zero Net Emissions 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. Riyadh To Host Global Energy Leaders After ‘Unparalleled’ Year Leaders of the global energy industry will gather in a virtual session organized by the International Energy Forum (IEF) in Riyadh to discuss the way forward after the most tumultuous year in energy history. |
AFRICAOld Mutual Acquires Stake In Solar Plant OLD MUTUAL Investment Group, through its infrastructure investment fund, has acquired a majority stake in a 5MW solar PV (photovoltaic) plant at Rosh Pinah in the Kharas region. AfDB Seeks Services Of A Renewable Energy Expert The African Development Bank (AfDB) invites eligible consultants to indicate their interest in providing services as Renewable Energy Expert to the “Desert-to-Power” Initiative and Sustainable Energy Fund for Africa’s (SEFA) related interventions in the West Africa and Sahel regions. Magnora Acquisition Spree Builds 1 GW Pipeline Developer Magnora has built a net 1GW portfolio of renewables projects in South Africa after a number of acquisitions. The company has taken 100% of an unnamed special purpose company in South Africa, which comes with a 775MW chunk of development projects. |
AUSTRALIAGrowth And Developments In The Energy Storage Sector In Australia Recent examples have included the expansion of the Hornsdale Power Reserve, commencement of work on the 300MW/450MWh Victorian Big Battery, and announcement of a pipeline of nearly 3GW of new battery storage projects by other developers.
Solar Energy Powers Lobethal Sewer Network in Australia Installed at Lobethal’s sewer pump station, the 266 ground-mounted solar photovoltaic panels will generate around 160 megawatt hours of clean, green energy every year, which is enough to power more than 25 average South Australian homes for a year.
Renewable Energy Could Render Five Of Australia’s Remaining Coal Plants Unviable By 2025 Up to five of Australia’s remaining 16 coal power plants could be financially unviable by 2025 due to a flood of cheap solar and wind energy entering the electricity grid, a new report suggests.
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