Galp, a multinational energy corporation headquartered in Portugal, has agreed to acquire and develop 594 MWp of solar projects in Brazil, advancing its renewable expansion plans and making a significant step forward in its efforts to transform its portfolio.
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EDF Renewables has sold a 49 per cent stake in its Blyth offshore wind farm to Malaysian utility, Tenaga Nasional Berhad (TNB). The farm is located in north east England. Under the agreement, TNB shall own the minority stake in Blyth Offshore Demonstrator Limited (BODL) through its wholly-owned subsidiary, Vantage RE.
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Frazium Energy has entered into a €100 million contract with the government of the Southern African kingdom of Eswatini for a solar battery project. The contract has been entered for a period of 40 years.
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France-based solar producer Technique Solaire has bought a 34 MW ground-mounted solar project in Uttar Pradesh, India from the Jakson Group and individual. Technique Solaire currently has 68 MW of operational solar power in India as a result of this acquisition.
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Scatec of Norway has announced proposals to build a green hydrogen plant in Ain Sokhna, Egypt, in collaboration with Fertiglobe and the Egyptian Sovereign Fund. The electrolyser will be 50 MW to 100 MW in size. The project, which will be created as part of Scatec’s “Power to X” plan, will produce green hydrogen for use as a feedstock in the creation of green ammonia.
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The US Department of Energy (DOE) has set a new goal for the National Community Solar Partnership (NCSP) by 2025, community solar systems will be able to power the equivalent of five million homes, saving $1 billion in energy costs. As per a statement, achieving DOE’s new NSCP target would increase community solar by more than 700 per cent by 2025.
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GreenYellow, a French energy company, has received a €4.5 million guarantee from the Multilateral Investment Guarantee Agency to help finance the building, operation, and maintenance of a 30 MWp solar project in Burkina Faso.
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The Green Climate Fund (GCF), a United Nations entity that aids developing nations in adapting to or reducing climate change, has provided $150 million to the African Development Bank (ADB). The funds will be used to support ADB’s Desert to Power initiative.
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Georgia Power, a US utility, plans to install and manage the state’s first standalone battery storage system on the transmission grid. The Georgia Public Service Commission has approved plans for the Mossy Branch Battery Facility.
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Nordex, a German turbine manufacturer, has won an order for fourteen N149/4.X turbines from Eksim Holding of Istanbul, Turkey, for the latter’s first wind project in Ukraine. A premium service contract for a duration of 15 years is also included in the order. The Skole wind farm will be erected near the city of Skole in West Ukraine, with a total capacity of 67.2 MW. The turbines are expected to be installed in March 2022
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The Global Wind Energy Council (GWEC) has launched the Africa Wind Power Initiative (AWP) with the aim of accelerating the development of wind energy in Africa. The association that promotes the development of wind energy proposes to act as a facilitator between African governments and wind energy investors or producers through this project.
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New Horizons Ahead (NHOA), previously known as Engie EPS, has been awarded a 200 MWh battery energy storage system (BESS) project in Australia. According to a company statement, the project’s building phase will begin immediately at an as-yet-undisclosed location for an unnamed customer, with completion expected by the end of 2022.
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Adani Green Energy Limited (AGEL), subsidiary of India-based Adani Group, has completed its previously announced acquisition of SB Energy India for Rs 260 billion. In May 2021, AGEL signed share purchase agreements with SoftBank Group (SBG) and Bharti Group to acquire a 100 per cent interest in SB Energy India.
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Shell has signed agreements to deploy more than 800 MW of solar power generation in the UK. The company signed a framework agreement with Green Power to develop 700 MW of utility-scale solar projects with the possibility of co-located battery storage. In a separate arrangement with Clearstone Energy, 100 MW of utility-scale solar producing capacity will be installed in the South-East of England.
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The German government has announced an investment of $115.7 million to expedite the development of renewable energy across Africa. The capital will be invested through the African Development Bank’s Sustainable Energy Fund for Africa (SEFA).
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Air Liquide, TotalEnergies, VINCI, and other international companies have joined forces to create a fund dedicated solely to clean hydrogen infrastructure solutions. The fund aims to raise funding of $1.74 billion and has already gathered $928.7 million through initial commitments.
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Australia has committed to providing $180 million in grants to support the development of carbon capture, use and storage (CCUS) projects, part of a broader technology push to help cut carbon emissions, while still allowing for the use of gas and coal. The funds will be used to support the design and construction of carbon capture hubs and shared infrastructure, as well as carbon capture technology research and commercialization, and the identification of viable carbon storage sites.
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Xlinks, a British company, is building a 10.5 GW solar-plus-wind project in Morocco, along with a battery storage facility, that will supply 3.6 GW of renewable energy to the UK via subsea cables. It will be located in Guelmim Oued Noun, a renewable energy-rich region of Morocco, and will span an area of 1,500km square, with 3,800km of HVDC subsea cables connecting it exclusively to Great Britain.
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The energy ministry of Algeria has announced its plans to invite tenders for the deployment of 1 GW of solar energy projects. The tender is expected to be launched by the end of October 2021. The tender is likely to conclude with prices ranging from DZD 5 per kWh to DZD 7 per kWh.
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The Italian energy agency Gestore dei Servizi Energetici (GSE) has invited the seventh round of tenders for renewable energy projects in Italy. The agency aims to allocate 3,312 MW capacity of renewable projects, which will include both solar and wind energy.
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