Month: September 2023

US State-Level Building Electrification Factsheets

US State-Level Building Electrification Factsheets

September 29, 2023 | ,

Over just a handful of years, electrification has emerged as a cornerstone of effective building decarbonization policy. Momentum has been driven by increasingly favorable economics (especially for new construction), improved carbon savings from grid and technological advancements, and the growing climate emergency. With billion-dollar federal investments and commitments from over 100 cities and states, the movement is gaining traction.

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Switzerland Energy Policy Review 2023: Report

Switzerland Energy Policy Review 2023: Report

September 29, 2023 | ,

Switzerland has enshrined its 2050 net zero target in law, for the first time acknowledging the role of negative emission technologies and carbon capture and storage to address emissions from hard-to-abate sectors. Switzerland today has a low‑emissions electricity system, with significant production from both hydropower and nuclear. The country also shows a notable decoupling of energy consumption and economic growth.

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Western Australia Renewable Hydrogen Strategy: Paper

Western Australia Renewable Hydrogen Strategy: Paper

September 29, 2023 | ,

Western Australia was one of the first jurisdictions globally to develop a Renewable Hydrogen Strategy and has made significant progress on this important initiative since 2019. The overall vision remains, however the changing international environment including significant global policy shifts, and the completion of the 2022 Strategy goals necessitate a refresh to Western Australia’s Renewable Hydrogen Strategy.

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Iberdrola completes 74 MW hybrid wind-solar project in Spain

Iberdrola completes 74 MW hybrid wind-solar project in Spain

September 29, 2023 |

Iberdrola, a Spanish utility, has announced the completion of the construction of a 74 MW solar photovoltaic farm in Burgos. This solar project will hybridise the existing 69 MW BaCa – Ballestas and Casetona – wind power complex. Furthermore, the company has allocated more than €40 million for this project.

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Photosol and Neoen emerge as leading winners in French solar tender

Photosol and Neoen emerge as leading winners in French solar tender

September 29, 2023 |

Rubis Photosol and Neoen SA are the leading winners, with allocated capacities of 257 MWp and 221.6 MWp respectively, in the recent tender for ground-mounted solar power plants in France. The total tendered capacity was 1,519 MWp which was a slight increase from the earlier announced 1,500 MWp. Meanwhile, a total of 129 projects have been allocated by the government in this fourth-period tender for ground-mounted photovoltaic installations.

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Ørsted bags contracts for 124 MW of wind and solar in Irish auction

Ørsted bags contracts for 124 MW of wind and solar in Irish auction

September 28, 2023 |

Ørsted, a Danish renewables company, has won contracts for an 81 MW solar farm and a 43.2 MW wind farm in the Irish government’s third onshore Renewable Electricity Support Scheme (RESS 3) auction. Reportedly, the provisional results of the auction awarded 24 onshore wind and solar project contracts totaling 646 MW at an average strike price of $106.55 per MWh.

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SUSI Partners wins debt financing for 107 MW of DG solar in Chile

SUSI Partners wins debt financing for 107 MW of DG solar in Chile

September 28, 2023 |

SUSI Partners, a Swiss funds management firm, has secured debt financing for a 107 MW portfolio of solar distributed generation (DG) projects in Chile. Reportedly, the firm, working on behalf of its SUSI Energy Transition Fund (SETF), acquired an undisclosed amount of funds from the Miami branch of Chilean bank Banco de Credito e Inversiones (BCI) and Norwegian financial services group DNB.

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VSB obtains €211 million financing to repower Elsterwind farm   

VSB obtains €211 million financing to repower Elsterwind farm   

September 27, 2023 |

VSB has secured €211 million in project financing from Landesbank Baden-Württemberg (LBBW) and Deutsche Zentral-Genossenschaftsbank (DZ Bank) to repower the Elster wind farm. €175 million of the €211 million loan has been financed on a long-term basis with a maturity of more than 20 years. Reportedly, the original Elster wind farm began operations in 2000 with a capacity of 30 MW.

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Dominion’s Coastal Virginia project completes environmental review

Dominion’s Coastal Virginia project completes environmental review

September 26, 2023 |

The US Bureau of Ocean Energy Management has finished the environmental analysis for Dominion Energy’s 2.6 GW Coastal Virginia Wind project and will issue a notice of availability for the final environmental impact statement (EIS) in the coming days. Reportedly, the company revealed plans to offload a non-controlling interest in the scheme in order to de-risk it.

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Masdar and PLN finalise expansion of Cirata floating solar park

Masdar and PLN finalise expansion of Cirata floating solar park

September 26, 2023 |

Masdar, an Abu Dhabi Future Energy Company, has finalised a deal with Perusahaan Listrik Negara (PLN) for a 500 MW expansion of the Association of Southeast Asian Nations floating solar plant. The agreement covers Phase II of the Cirata project in West Java, Indonesia, which is projected to achieve 145 MW of capacity in 2023.

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Galp and Mitsui plan to invest $638 million in biofuels and green hydrogen

Galp and Mitsui plan to invest $638 million in biofuels and green hydrogen

September 26, 2023 |

Galp, a Portuguese energy company, has planned to partner with Mitsui to produce renewable diesel and sustainable aviation fuel (SAF) biofuels. Reportedly, the joint venture includes an investment of approximately $691 million in two industrial-scale projects: a 270-kilo-tonne per year advanced biofuels unit and 100 MW of electrolysers for the production of green hydrogen.

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CPS Energy releases RfP for 500 MW of energy storage

CPS Energy releases RfP for 500 MW of energy storage

September 25, 2023 |

CPS Energy, a San Antonio’s municipally-owned utility, has released proposals to seek contracts for up to 500 MW of energy storage projects as part of a latest approved plan to reinforce its power generation. Reportedly, the company issued a request for proposals (RfP) this week and is awaiting proposals for both large scale and smaller sized schemes.

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Oman to build 2,000 km of hydrogen pipelines

Oman to build 2,000 km of hydrogen pipelines

September 25, 2023 |

Oman intends to construct hydrogen pipelines across the country to help the Sultanate’s green hydrogen targets. The network is scheduled to have 2,000 km of pipelines which will initially supply green hydrogen to three industrial zones which are Duqm, Al-Jazir and Salalah, and is being built by Hydrom.

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Enfinity acquires 546 MW solar portfolio from CS Energy

Enfinity acquires 546 MW solar portfolio from CS Energy

September 25, 2023 |

Enfinity Global, a Spanish renewables developer, has bought a portfolio of solar assets under development with a total capacity of 546 MW in the US state of Colorado from CS Energy. Additionally, the portfolio has three solar projects with an order to generate 100 per cent renewable energy by 2050.

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UK’s revised net zero plan

UK’s revised net zero plan

September 25, 2023 |

Revised plans will ease the burden on working people, as the Prime Minister forges a credible, transparent path to net zero that maintains public consent. Ban on the sale of petrol and diesel cars will be moved back to 2035 and new policies forcing landlords to upgrade the energy efficiency of their properties will be scrapped. The ban on new fossil fuel boilers for certain households will be delayed while cash grants for boiler upgrade schemes will increase by 50% to £7,500 for those who want to transition now.

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Clean Hydrogen Financing in Asia

Clean Hydrogen Financing in Asia

September 25, 2023 |

Hydrogen is an emerging clean energy technology and energy vector with many proposed use cases. There will be uncertainties as regard to whether hydrogen will be the most economical clean energy solution for each of the proposed sectors and use cases considered in the analysis. Commercial risks also need to be taken into consideration.

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Salzgitter selects Andritz to build a 100 MW electrolysis plant

Salzgitter selects Andritz to build a 100 MW electrolysis plant

September 22, 2023 |

Salzgitter AG, a German steel maker, has picked Andritz to construct a 100 MW electrolysis plant that will generate green hydrogen to decarbonise steel production. The green hydrogen plant will be situated at Salzgitter Flachstahl’s site in the city of Salzgitter, Lower Saxony, and will feature pressurised alkaline electrolyser technology from HydrogenPro.

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Green Genius secures a permit to build 198.8 MW of solar projects

Green Genius secures a permit to build 198.8 MW of solar projects

September 22, 2023 |

Green Genius, a Lithuania-based clean energy developer, has got approval to build two solar projects, with an overall capacity of 198.8 MW in the Baltic nations of Lithuania and Latvia. The company will build a 78 MW solar plant, which will be situated near Seduva in central-north Lithuania, and a second project in Latvia with a total capacity of 120.8 MW.

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