CleanTech Report April 8th 2021 |
NORTH AMERICACanadian Pension Fund Launches $18 Billion Sustainable Energy Group Canada Pension Plan Investment Board (commonly known as CPP Investments), the (approximately) $476 billion fund that manages assets on behalf of 20 million Canadian pension holders, announced the creation of a dedicated Sustainable Energy Group (SEG). Maxeon Solar Technologies Announces Initiative to Expand Engagement in U.S. Solar Power Market Maxeon Solar Technologies announced a major new initiative to expand its engagement in the rapidly growing U.S. solar power market. The Company plans to increase its focus on selling its Performance line shingled module technology in the U.S., facilitated by the deployment of up to 3.6 GW of new shingled module assembly capacity in two phases. Record 260 GW Of New Renewable Energy Capacity Added In 2020 A record 260 gigawatts (GW) of new renewable energy capacity was added worldwide in 2020, up 50% from the year before, the International Renewable Energy Agency (IRENA) said, as countries further reduced their reliance on fossil fuel power. |
LATIN AMERICAThe Markets Driving LatAm Renewables Growth The Abu Dhabi-based entity said renewable power capacity jumped from 16.01GW to 16.34GW in Central America and the Caribbean and from 390GW to 422GW in North America. … Mexico was a major contributor to the expansion as its renewables mix climbed to 28.4GW from 25.7GW.
Brazil Electric Power M&A Highlights Competition watchdog Cade has approved EDF EN’s acquisition of LDA Energia’s 600MW Licínio de Almeida wind power complex, under development in Brazil’s Bahia state. The decision was published Thursday in the federal gazette.
Brazil’s $5.4 Billion Project Aims To Be World’s Largest Green Hydrogen Producer In 2025 Enegix Energy is moving forward with plans to build a $5.4 billion facility off the coast of Brazil called Base One. And that’s news because the company claims that Base One will be the world’s biggest individual CO2 reducer by generating more than 600 million kg of green hydrogen per year by the time it’s fully operational in 2025. |
EUROPEStatkraft Builds €20 Million Battery To Support Electricity Supply At Tarbert The Norwegian utility, one of several with plans to build wind farms and other power supply plants in the Republic, said on Tuesday that it had completed its second large-scale battery project here.
Vinci Invests €4.9 Billion In Its Energy Business Vinci is to acquire ACS’s energy business in a strategic move designed to develop its involvement in renewables and create a global player in energy contracting.
Consortium Of UDP Renewables To Invest About $ 250 Million In ‘Green’ Energy In 2021-2022 UDP Renewables, an investment and development company in the field of renewable energy, in a consortium with the Qatari energy company Nebras Power, plans to invest about $ 250 million in “green” energy in Ukraine in 2021-2022, UDP Renewables CEO Serhiy Yevtushenko said. |
ASIAJapan’s JGC Invests In NuScale Power Japanese engineering, procurement, and construction firm JGC Holdings Corporation (JGC HD) has agreed to invest USD40 million in small modular reactor developer NuScale Power. It will also partner with Fluor Corporation – NuScale’s majority investor – on the deployment of NuScale power plants.
Azure Sells Rooftop Solar Business For Rs 537 Crore Azure Power Global has signed a binding agreement to sell its solar rooftop portfolio to Radiance Renewables for Rs 536.5 crore. The company, which is listed on the New York Stock Exchange, expects to receive the proceeds from the sale before December 31, 2021.
SoftBank May Retain Nearly 10% Stake, Board Representation In SB Energy Deal SoftBank currently owns 80% in SB Energy, which has a 7.7 gigawatts (GW) solar power portfolio in India. The rest 20% stake is held by Bharti Enterprises Ltd. |
MENATurkey’s Re-Pie Targets Investment In Renewables And Health For Growth Turkish asset management company Re-Pie aims to expand its portfolio to 4 billion lira ($490 million) with investments in renewable energy, agriculture and health, its chairman said.
Saudi National Renewable Energy Program Targets $15.9 Billion Project Pipeline Saudi Arabia’s National Renewable Energy Program is targeting SR60 billion ($15.9 billion) worth of project investments, according to a report issued by Riyadh Chamber, SPA reported.
USA And UAE Pledge Joint Effort To Finance Decarbonisation The United States and the United Arab Emirates will work together on coordinating finance to decarbonise the economy, focusing on areas including hydrogen, renewable energy and low carbon urban design, a joint statement said on Monday. |
AFRICASolar Leasing Firm Powers Cold Storage Facility In Zimbabwe South African startup Sun Exchange has completed the crowd sale for a 510 kilowatt solar-plus-storage installation to solar power packhouse and cold store facilities for Zimbabwean agriculture leader Nhimbe Fresh, with approximately US$1.4 million of solar cells purchased by over 1,700 individuals across 98 countries.
Nigeria Powering Schools Through Renewable Energy Resources The Nigerian federal government plans to ramp up its deployment in harnessing renewable energy to power critical infrastructure including schools, hospitals and homes.
AECF To Fund Innovative And Green Solutions In 7 Countries The African Enterprise Challenge Fund (AECF) is launching a call for innovative projects for $1.2 million in Africa. The initiative is aimed at financing companies and entrepreneurs providing sustainable solutions. |
AUSTRALIAContested 100MW Solar Project On Canberra’s Outskirts Gets Green Light A 100MW solar farm on the outskirts of Canberra in the New South Wales Yass Valley region has been given the green light, with construction slated to begin in 2022 after the heavily contested project was granted final approvals this week. Australia’s Renewable Growth Outpaces World, Even As New Report Finds Record Global Expansion In 2020 More than 260 GW of renewable energy was added globally in 2020, surpassing 2019’s previous net increase record by almost 50%, data from the International Renewable Energy Agency found. Australia’s pace of growth was almost double the global average, coming in at 18.4%. TPG Telecom To Power Entire Operations Across Australia With 100% Renewable Electricity By 2025 Australian operator TPG Telecom has announced plans to power its entire operations across Australia with 100 percent renewable electricity by 2025. This will include all of TPG Telecom’s nationwide fixed and mobile network infrastructure, currently used to supply more than 5 million mobile customers and 2 million fixed line broadband customers, as well as its office buildings and its retail network. |
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