CleanTech Report May 19th 2020 |
AFRICASasol Calls For IPP Bids To Supply 600 MW Of Renewable Energy To South African Operations The JSE-listed company, whose Secunda facility, in Mpumalanga, is considered to be one of the largest single-site carbon emitters globally, said the purpose of the RFI process was to identify independent power producer (IPP) partners able to deploy renewables projects that could supply electricity to its South African operations under power purchase agreements (PPAs). The projects must show a generation capacity of at least 20 MW to be implemented either as wheeled options from suitable locations across South Africa, or as embedded options close to Sasol’s facilities in Secunda or Sasolburg, in the Free State. Zimbabwe Tenders For 500 MW Solar Power Plants In Renewable Energy Drive The southern African nation since last year has endured cuts, known locally as load shedding, lasting up to 18 hours after a devastating drought reduced dam levels at its hydro plant while ageing thermal stations constantly break down. Zimbabwe also paid off arrears to South African power supplier Eskom, guaranteeing supplies of up to 400MW daily. Renewables Embrace Lifts Namibia’s Energy Optimism With the recently introduced reforms in Namibia’s renewable energy sector and the growing presence and entry of international oil companies into the hydrocarbons sector, Namibia Mines and Energy Minister Tom Alweendo on Friday expressed optimism about the country’s energy future. |
ASIATaiwan’s Renewable Market Revolution Taking Shape Taiwan Semiconductor Manufacturing Co. (TSMC), Foxlink Group, E Ink Holdings, and TCI Co. are among the buyers, Vena Energy Taiwan Solar Energy, Ye Heng Power Co., and Foxwell Energy Corp. are among the producers and Southern Electricity Corp., Mr. Watt and Foxwell Power represent a completely new class of electricity sellers. The projects’ five solar power installations will have a combined installed capacity of nearly 90.4 MW (megawatts) and generate more than 110 million kilowatt-hours (kWh) of electricity. Renew Power Wins 400 MW Tender For 24/7 Renewables Supply In India Indian renewable power producer ReNew Power Ltd has won a tender for 400 MW of renewables capacity in India that will be the first to deliver “round-the-clock” electricity. The tender was held by the Solar Energy Corporation of India (SECI) on behalf of the Ministry of New and Renewable Energy. Information on the Ministry’s website shows that ReNew Power has secured the right to install the capacity with a tariff of INR 2.90 (USD 0.038/EUR 0.035) per kWh. India’s Ultra Mega Solar Parks A $700B Investment Opportunity India’s ultra-mega solar parks have attracted foreign capital, top global developers, and provided investors with an opportunity to join a $500-700 billion renewable energy and grid infrastructure investment boom in the coming decade, according to a latest report by IEEFA. |
AUSTRALIABP Looks To Add 1.5 GW Wind And Solar For Huge Renewable Hydrogen Project In W.A. Oil and gas giant BP is looking to build 1.5 gigawatts of new wind and solar capacity in Western Australia if it goes ahead with a full commercial project to build a renewable hydrogen production facility in that state, with an eye to the export market. BP is turning to its 50-50 joint venture Lightsource BP to canvass the large scale wind and solar options in the area around Geraldton, north of Perth, which would represent something like a three fold increase in the amount of renewable energy capacity already in the state. SWSL Is Awarded $338M EPC Contract In Australia Valued at A$525m ($338m), the contract is the largest order for the company in Australia. Additionally, the company has been awarded an A$85m operation and maintenance (O&M) contract for a maximum period of 20 years. Sterling and Wilson renewable energy director and global CEO Bikesh Ogra said: “This is our largest order in Australia and is a culmination of efforts to break new ground in countries like Australia, the US and South America, where SWSL has invested in a strong team that is completely aligned with the local requirements. Tasmania Releases 200% Renewable Energy Action Plan Tasmania is on track to be self-sufficient in renewables by 2022, making it the first state in Australia with 100% renewable power generation. But the island state knows it is well placed to pursue a much more ambitious goal, which would see it double its renewable production by 2040 and help mainland Australia reduce its emissions. |
EUROPECPP Investments Commits €200 Million To Renewable Energy Projects In France The partnership is developing three offshore wind farms in France . CPP Investments will pay approximately €80 million for its stake, with an additional €120 million committed to follow-on investment as the first project progresses through construction. CPP Investments could make additional investments of more than €150 million in the two additional offshore wind farms. EBRD Funds Back Polish Wind And Solar The European Bank for Reconstruction and Development (EBRD) is providing five loans totalling €63m to support French renewable energy developer Qair’s portfolio of almost 200MW of projects in Poland. BNP Paribas is also providing project finance lending to the portfolio on a parallel basis. Mirova Acquires RES Swedish Wind Farm RES, an independent renewable energy company, has announced the sale of Rödene Wind Farm to Mirova, an asset management company dedicated to sustainable investing and an affiliate of Natixis Investment Managers. The transaction includes an agreement to build the wind farm with an engineer, procure, construct (EPC) contract. |
LATIN AMERICAHawaii’s Renewable Tender To Deliver Major Solar And Storage Push Investor-owned utility Hawaiian Electric said this week the tender it launched last August had selected 16 solar-plus-storage or standalone storage projects (see table below) across Oahu, Maui and Hawaii Island, a fleet of 460MW of PV and nearly 3GWh of storage capacity in total. Innergex Is Further Diversifying Its Renewable Energy Portfolio In Chile With The Acquisition Of A 68 MW Solar Farm Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) is proud to announce the acquisition of the 68 MW PV Salvador SpA (“Salvador”) solar photovoltaic farm in Chile, as well as 11-year demand-based power purchase agreements (“PPAs”) covering a total electricity generation of 54,6 GWh/year. Salvador and the PPAs were acquired from Etrion Chile SpA, Total Solar Latin America SpA and Holding, and Solventus Salvador SpA at a net purchase price of US$46.6 million (CAN$65.6 million) and US$19.5 million (CAN$27.4 million) respectively. Mexico’s Renewable Clampdown Puts Neoen’s Ultra-competitive PV Plant In Limbo Operators are starting to feel the impacts of Mexico’s recent decision to block renewable project connections, with a major solar project paralysed weeks after coming online. In recent days, Neoen revealed it is set to lose millions every month after its 375MWp El Llano solar PV installation was put on hold by power market operator CENACE, which moved earlier in May to block the compulsory grid tests for all renewable plants nationwide. |
MENASungrow To Supply 1500V SG250HX Inverter Solutions To 500 MWac PV Plant In Oman Sungrow, the global leading inverter solution supplier for renewables, announced it will supply 1500V SG250HX inverter solutions to the 500 MWac IBRI II project in Oman, which is the largest utility-scale PV plant in the Sultanate to date, demonstrating the Company’s robust efforts in supporting Oman’s ambition of lifting the renewable energy mix by 10%. The delivery of inverter solutions will commence in Q2 this year. EgyptERA Approves Solaris Request To Supply Solar Energy To Arabian Cement The Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) has approved Solaris Renewable Energy’s request to supply solar energy to the Arabian Cement Company. The renewable energy, which will be supplied for a period of 25 years, will be produced at a 7.2 MW solar power plant project that includes a self-consumption system. Silk Road Fund Becomes 49% Shareholder In ACWA Power The Silk Road Fund has become a partner and 49% shareholder in ACWA Power Renewable Energy Holding Company Limited, according to ACWA Power. The ACWA Power Limited is an ACWA Power renewable energy platform that currently owns a group of renewable energy projects. It has benefited from a rapid growth in the renewable energy potential of emerging markets, as it currently has concentrated solar and photovoltaic power plants, and wind power plants. These plants are located in the UAE, South Africa, Jordan, Egypt, and Morocco. and hold a total production capacity of 1,668 MW. |
NORTH AMERICAU.S. Approves Plan To Build the Nation’s Largest Solar Project In The Desert By 2022 The US government has just approved the construction of what will be the largest solar project in the nation and the 8th largest in the world. This week, the Department of the Interior (DOI) and the Bureau of Land Management (BLM) announced the approval of a proposal to construct and operate a 690-MW photovoltaic solar electric generating facility in Nevada about 30 miles northeast of Las Vegas. Overbuilding Solar At Up To 4 Times Peak Load Yields A Least-Cost All-Renewables Grid The global energy firm Wartsila found a least-cost renewables mix for the U.S. that involves overbuilding renewable capacity, but requires no seasonal storage, and needs only four to ten days of multi-day storage capacity. The analysis modeled meeting current uses of electricity, based on projected technology costs for 2030. Lithium, Cobalt Production To Soar As Demand For Clean Energy Increases It estimates that over three billion tonnes of minerals and metals will be needed to deploy wind, solar and geothermal power as well as energy storage required for achieving a below two degrees celsius future. A new World Bank Group report shows that production of minerals like graphite, lithium and cobalt could increase by nearly 500 per cent by 2050 to meet the growing demand for clean energy technologies. |
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