CleanTech Report May 7th 2021 |
NORTH AMERICAMitsubishi, Powin To Provide Battery Storage Retrofits To California Solar Projects Southern Power has awarded a combined 640-MWh energy storage project to Mitsubishi Power Americas and Powin LLC. The two-site utility-scale battery project is designed to enhance California’s grid reliability with additional and flexible resource capacity paired with renewable energies. U.S. Approves Massive Solar Project In California Desert The $550 million Crimson Solar Project will be sited on 2,000 acres of federal land west of Blythe, California, the Interior Department said in a statement. It is being developed by Canadian Solar unit Recurrent Energy and will deliver power to California utility Southern California Edison. Google And AES Announce $600 Million Clean Energy Deal In Virginia AES has signed an agreement to supply 500MW of clean power to Google’s Virginia-based data centres under a ten-year supply contract. AES says it will help ensure the energy powering Google’s facilities is “90% carbon-free when measured on an hourly basis”. |
LATIN AMERICAScatec’s LatAm Project Pipeline Tops 1.3GW Renewable energy developer Scatec’s project pipeline for Latin America reaches 1,325MW with the focus on Brazil although other markets are being pursued. Wind Energy Firm With Operations In Costa Rica Placed $700 Million In Green Bonds Precisely, this week, the Guatemalan company Corporación Multi Inversiones (CMI), which has sustainable energy operations in Costa Rica, achieved the largest green bond placement carried out by a renewable energy company in Central America and the Caribbean. Mini Grids Would Help LatAm Support Power Supply ‘Last Mile’ Mini-grids and residential systems for isolated and remote areas would help Latin America and the Caribbean address the region’s “last mile” power supply challenge. |
EUROPECCEP Expands Solar Farm In €250 Million Renewable Energy Push Coca-Cola European Partners (CCEP) is to support the expansion of a local solar farm near its Wakefield soft drinks factory as part of a wider €250m investment in renewable energy. The investment will deliver 20% of the site’s electricity and save up to an estimated 1,800 tonnes of CO2 a year.
Solar Energy Firms Ramping Up Investment To €750 Million Danish energy player Obton and its local partner, Shannon Energy, intend boosting their investment in Irish solar projects to €750 million from an original €300 million, they will confirm on Tuesday. European Demand for Renewable Energy Grows 8% Despite COVID “Renewable energy demand has grown by an impressive 8% from 2019 to 2020, during a year where energy consumption and industry output has slumped across most of Europe,” says Tom Lindberg, the managing director at ECOHZ, commenting on new statistics from the Association of Issuing Bodies (AIB). |
ASIAAnupam Rasayan To Invest Rs 43 Cr For Setting Up Solar Power Plant Anupam Rasayan India Limited, the custom synthesis & speciality chemicals major, has issued a Letter of Intent to install solar power by investing a sum of Rs 43 crore. The entire capital expenditure of Rs 43 crore will be funded from the company’s recently concluded IPO proceeds. JSW Renew Energy, SECI Sign Pact For Selling 540 MW Green Energy JSW Renew Energy, a wholly-owned subsidiary of JSW Future Energy, has signed agreement with Solar Energy Corporation of India to sell 540 MW of the overall awarded capacity of 810 MW. Indian State Issues 1.3 Gigawatt Solar Power Tender The Indian state of Maharashtra has issued a tender for the installation of 1.3 gigawatts of solar power projects. According to media reports, the entire capacity will be used for supplying electricity to agricultural consumers. |
MENAIsraeli Insurance Giant Migdal To Invest Over $355 Million In Renewable Energy Company Doral Migdal Insurance, Israel’s largest insurance company and pension manager, will invest approximately $110 million in renewable energy company Doral in exchange for 20% of the company. MENA Energy Investments To Exceed $805 Billion Over Next 5 Years The Arab Petroleum Investments Corporation’s (APICORP) latest Middle East and North Africa (MENA) energy investment outlook sees a modest $13 billion rise in committed and planned energy investment compared to previous year’s outlook. 83GW Of Renewable, Clean Energy Capacity In MENA Within 20 Years Some 83GW of renewable and clean energy capacity, mainly solar and wind power is planned across the Middle East and North Africa (Mena) region within the next 20 years, an Informa Markets research showed. Renewable and clean energy will account for 34% of total power sector investments across the Mena region in the next five years. |
AFRICASolar And Wind Could Provide Half Of 2040 Power Mix Across 22 African Nations The International Renewable Energy Agency has combined energy infrastructure commitments across a huge swathe of the continent with hundreds of regional sites which offer rich solar and onshore wind potential, to determine what could be possible. US Administration Selects 5 GW Mega Solar Project In Africa Mega Solar is a partnership between the Govts of Namibia and Botswana, and others, which is expected to generate up to 5 GW of solar power. US President Biden recently hosted a virtual Leaders Summit on Climate to catalyse global ambition to address the climate crisis. IFC Looking To Invest $20 Million Into Capacity Expansion Project The International Finance Corporation (IFC) has announced that it is considering providing $20 million to be used as part of a $40 million Phase 1 capacity expansion project. The funds if approved will be allocated to off-grid power service provider, Daybreak Power Solutions, a subsidiary of Daystar Power Group. The investment is still undergoing regulatory approval by the IFC, according to a statement from the organisation. |
AUSTRALIAAmp Makes Massive South Australia Solar, Battery, Green Hydrogen Play Canadian clean energy investor Amp Energy has big three solar and battery projects in South Australia as part of a $2 billion play to create a zero emissions hydrogen production hub.
New Record Low For Renewable Energy Prices In South Australia South Australia’s aggressive uptake of renewables is showing no signs of slowing down, with the state notching up yet another record in the first quarter of 2021. The latest Australian Energy Market Operator (AEMO) has released its first quarterly report, which revealed record low daytime wholesale prices for the first three months of the year.
Awesense Launches Digital Clean Energy Marketplace The Awesense Marketplace aims to provide a common framework for companies to collaborate towards the future of clean energy and digital transformation. The Awesense Marketplace aims to provide a common framework for companies to collaborate towards the future of clean energy and digital transformation, uniting applications, solutions and algorithms to solve energy and grid challenges. |
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