Author: Sarthak Takyar

Virginia regulators approve Dominion Energy solar projects

Virginia regulators approve Dominion Energy solar projects

April 1, 2024 | , ,

Virginia authorities have approved Dominion Energy Inc’s plans to add 764 MW of solar generating capacity to its fleet in the state through new installations, acquisitions, and off-take partnerships. Dominion has been given permission by the Virginia State Corporation Commission (SCC) to execute 13 power purchase agreements (PPAs) for 435 MW of independently owned projects. Contracts will be signed for projects chosen through a competitive process.

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Leeward secures 400 MW of PPAs from Microsoft

Leeward secures 400 MW of PPAs from Microsoft

March 27, 2024 | , ,

Leeward Renewable Energy, a US renewable energy developer and operator, has inked power purchase agreements (PPAs) with Microsoft Corp for two 200 MW solar projects in Texas. The tech giant obtained power from the Cradle Solar project in Brazoria County and the Morrow Lake Solar project in Frio County under the PPAs.

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RWE completes Norfolk offshore wind zone purchase

RWE completes Norfolk offshore wind zone purchase

March 27, 2024 | , ,

RWE AG, a German energy group, has finalised the purchase of the 4.2 GW Norfolk offshore wind zone portfolio in the UK from Swedish utility Vattenfall AB. The three 1.4 GW fully consented projects in the Norfolk zone are Norfolk Vanguard West, Norfolk Vanguard East, and Norfolk Boreas, all of which are situated off the coast of Norfolk in East Anglia. All of Vattenfall’s team in Norfolk will also join RWE as part of the agreement, which was announced at the end of 2023.

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Shell sells US offshore wind project stake to Ocean Winds

Shell sells US offshore wind project stake to Ocean Winds

March 21, 2024 | , ,

Shell New Energies US LLC, a subsidiary of energy giant Shell PLC, has divested its 50% equity share in the SouthCoast Wind Energy LLC offshore wind joint venture to its partner Ocean Winds North America LLC. SouthCoast Wind is a 50-50 joint venture originally formed between Shell and Ocean Winds in 2018 to develop offshore wind projects off the coast of Massachusetts. With this deal, Ocean Winds now takes full ownership of the venture.

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EIB and Iberdrola finalise €700 million green loan

EIB and Iberdrola finalise €700 million green loan

March 20, 2024 | ,

The European Investment Bank (EIB) has granted a green loan worth €700 million to Iberdrola. The loan is granted to expand the electricity distribution network in Spain. EIB Director General for EU Operations and Iberdrola Chief Finance, Control and Corporate Development Officer inked the loan’s first €500 million tranche in Madrid.

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Microsoft to buy power from 110 MW solar project in Illinois

Microsoft to buy power from 110 MW solar project in Illinois

March 19, 2024 | , ,

EDP Renewables North America (EDPR NA) and Volt Energy Utility have recently announced a 110 MW solar project in Illinois, sponsored by software giant Microsoft Corp. The partnership is commencing the development of Hickory Solar Park near Jerseyville, Illinois. Microsoft and Volt Energy have designed an environmental justice power purchase agreement (EJ PPA) form, and Microsoft will purchase power and renewable energy credits (RECs) from the project for a period of 15 years.

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Vestas bags order to build 319 MW wind farm in Mexico

Vestas bags order to build 319 MW wind farm in Mexico

March 15, 2024 | , ,

Sempra Infrastructure has placed a 319 MW order for the Cimarron wind farm near Tecate, Baja California, Mexico. The Energia Sierra Juarez Wind Complex, which will have a 582 MW installed capacity overall, is currently in its third phase. The deal covers the delivery and deployment of 46 V163-4.5 MW turbines and 18 V162-6.2 MW turbines.

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