The Ministry of Ecological Transition in France has released fresh solar and wind energy deployment data for the third quarter of 2021. The sector has installed solar power totalling 2,034 MW in the first nine months of 2021, compared to 761 MW in the same period of 2020.
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Intersect Power, a large-scale renewable energy project developer based in the United States, has secured $2.6 billion in finance commitments to support the building and operation of six solar and storage projects totaling 2.2 GWDC and 1.4 GWh.
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Scotra, a local South Korean floating PV company, successfully finished a 41 MW floating solar installation for Korea Water Resources. The facility is located on a reservoir of the Hapcheon Dam in Gyeongsang Province, South Korea. The installation is the country’s largest floating PV plant to date.
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Ohmium International has sent its first unit of electrolyzer from India to the United States through its Indian subsidiary, as a first step toward establishing India as a global centre for green hydrogen generation. Ohmium produced the electrolyzer at its Bengaluru plant, which is India’s first green hydrogen electrolyzer Gigafactory.
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Total Energies and Libya’s General Electricity Company signed a Memorandum of Understanding (MoU) for the long-term development of solar photovoltaic projects with a total capacity of 500 MW to supply electricity to the national grid and a $2 billion investment in crude oil and gas extraction. The agreements were made at the Libya Energy & Economy Summit, which was organised by the Government of National Unity and was the first economic conference in Libya in 10 years.
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Abu Dhabi National Oil Co (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) have formed a strategic cooperation on clean energy, with the aim of having 30 GW of renewable capacity by 2030. The new collaboration between ADNOC and TAQA will focus on domestic and worldwide renewable energy and waste-to-energy projects, as well as green hydrogen generation, processing, and storage, and ancillary operations.
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GE Energy Financial Services and UK Export Finance (UKEF), the UK’s export credit agency have secured an agreement to fund Kalyon Enerji’s 1.35 GW Karapinar solar project in Konya Karapinar region. The solar power plant is Turkey’s largest solar facility, which is around 11 km long and 3 km wide. GE Energy collaborated with UKEF, which will guarantee a $291 million buyer credit facility, pending financial completion.
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Engie, a French energy company, and Crédit Agricole Assurances, a French insurance company, have agreed to acquire Eolia Renovables, a Spanish renewable energy provider. Engie will gain 821 MW of onshore wind capacity, 78 MW of solar photovoltaic (PV) capacity, and a 1.2 GW pipeline of renewable projects as part of the acquisition.
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Competitive Power Ventures (CPV) has finalised the acquisition of two solar photovoltaic projects under development from Belltown Power USA Development. These include the Prairie Dock Solar project in Illinois (360 MW) and the Stonecrop Solar project in Kentucky (100 MW). These two solar projects are estimated to provide enough clean electricity to power around 87,000 homes once operational.
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The world’s reportedly largest hydro-floating solar hybrid project, built by EGAT at Sirindhorn Dam has begun commercial operation. The 45 MW Hydro-Floating Solar Hybrid Project at Sirindhorn Dam in Ubon Ratchathani Province began commercial operation on October 31, 2021. It will also become a new tourism attraction for the province of Ubon Ratchathani, Thailand in early 2022.
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Hyphen Hydrogen Energy has been chosen by the Namibian government to develop the country’s first large-scale green hydrogen manufacturing project following a competitive bidding process. Enertrag, a German industrial corporation specialising in renewable energy production, owns the company.
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Turkey is expected to increase the share of renewable sources in energy production starting from 2022. Solar energy production is predicted to witness the largest capacity increase in 2022, with around 1,000 MW. According to media reports, the Energy and Natural Resources Ministry’s strategic plan for 2023 intends to boost renewable energy sources’ share of overall electricity production from 59 to 65 per cent.
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Southern California Edison (SCE) has signed a contract with Ameresco, a cleantech integrator and renewable energy asset developer, owner, and operator, to design and build three grid scale battery energy storage systems (BESSs) at existing substation parcels throughout SCE’s service territory in California. The systems have a total capacity of 537.5 MW and a four-hour endurance, totalling 2,150 MWh.
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Apple has revealed that the company has more than doubled the number of suppliers committed to using 100 percent clean energy over the last year, speeding up progress toward its ambitious 2030 target of becoming carbon neutral across its supply chain and products. In total, 175 Apple suppliers will switch to renewable energy, resulting in the business and its suppliers bringing more than 9 GW of clean energy online throughout the world.
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Siemens Energy has been selected to connect New York’s first utility-scale offshore wind project to the grid. The 924 MW Sunrise Wind project will be connected to the grid utilising a high-voltage direct current (HVDC) transmission system, with commercial operations scheduled in 2024.
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MingYang Smart Energy, a Chinese turbine manufacturer, has been awarded a supply contract by PowerChina International Group for the 375 MW Ca Mau offshore wind project in Vietnam. Until now, the project has been the largest offshore wind power project in Vietnam and Southeast Asia.
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Empire Offshore Wind, a joint venture between Equinor and bp, has appointed Vestas as its preferred wind turbine supplier for Empire Wind I and Empire Wind II, the 2.1 GW offshore wind project in New York. Vestas will deliver 138 V236-15MW wind turbine generators for the two Empire Wind projects.
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Green Growth Equity Fund (GGEF), India’s climate change fund, has received a $70 million investment from the CDC Group, a UK government-owned development finance firm. Eversource Capital, a joint venture between private equity firm Everstone Group and British Petroleum’s renewable energy platform Lightsource bp, manages the fund.
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Lithuanian renewables developer Green Genius has secured $23.2 million in financing from French asset management firm Eiffel Investment Group to finalise the development of solar PV projects in Italy and Spain. The funds were provided by the French group’s energy transition vehicles and will be used to cover the project’s pre-construction costs.
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Jupiter, a climate analytics start up based in the United States, has raised $54 million in a Series C investment headed by Clearvision Ventures and MPower Partners.
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