RP Global, a European renewables developer, sets forth to build a 50 MW solar farm in southern Croatia, according to the country’s ministry of economy and sustainable development, which received the project’s modified environmental impact assessment. According to their petition to the government, the Austria-based company proposed to reorganise the solar farm and deploy stronger photovoltaic modules.
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Amazon, has agreed to buy power from a 125 MW solar park in Queensland, Australia, that was recently commissioned by Singapore’s Vena Energy. The Wandoan South solar farm power purchase agreement (PPA) aligns with Amazon’s objective of using 100 per cent renewable energy by 2025.
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Cubico Sustainable Investments, a British renewables investor, and Storaltil Srl, an Italian company, have formed a joint venture (JV) to construct more than 1 GW of battery energy storage system (BESS) projects in Italy. According to the statement, the partners will place their wagers on Storaltil’s technical experience in the energy storage segment and Cubico’s proficiency in initiating and expanding projects in Italy
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Equinix, a digital infrastructure company, has signed a power purchase agreement (PPA) with TagEnergy for 151 MW of clean energy from the 1.33 GW Golden Plains wind farm in Australia. The PPA will help Equinix achieve its goal of running its business entirely on renewable energy. The wind farm’s 17 International Business Exchange (IBX) data centres in Australia.
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Epsilon Advanced Materials (EAM) finalised the acquisition of a lithium-ion phosphate (LFP) cathode active material technology center in Moosburg, Germany. With the purchase, EAM is poised to make India the first country in Asia outside of China to manufacture LFP cathode materials. EAM is scheduled to break ground on its facility in India in 2024 to build a large-scale customer qualification plant in 2025.
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Alcemi, a developer of battery energy storage systems, has secured planning approval in Scotland for two battery energy storage system (BESS) projects totaling 1.5 GW. Alcemi is implementing the projects as a component of a larger 4 GW energy storage portfolio in the UK. Located in Fife, north of Edinburgh, is the 500 MW and 1,000 MWh Devilla energy storage facility.
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Amazon has inked a corporate power purchase agreement (CPPA) with Engie to secure the 473 MW output of the Moray West offshore wind farm in Scotland. The deal is part of the e-commerce giant’s plan to run all of its operations entirely on renewable energy by 2025. The wind farm, which is slated to begin operations in 2024, will provide enough energy to power 650,000 UK households per year.
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Dominion Energy, a US utility, received the final two regulatory approvals required to begin work on the 2.6 GW CVOW project. Both the US Army Corps of Engineers and the US BOEM granted its clearance. The project’s construction and operations plan, which grants offshore construction activities, has received final approval from the BOEM.
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China has committed to investing $2.18 billion in Serbia’s mining and energy ministry to support the development of renewable energy projects. On January 26, 2024, Serbian Zijin Copper, a subsidiary of Zijin Mining, and China’s Shanghai Fengling Renewable signed a memorandum of understanding. The agreement outlines plans for a 1.5 GW wind farm, a 500 MW solar plant, and a hydrogen production facility capable of producing 30,000 tonnes per year by 2028.
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Corsica Sole announced plans to build the first green hydrogen manufacturing facility on the French island of Corsica in the Mediterranean Sea. The proposal was recently revealed ahead of the Hyvolution 2024 show in France and has already gotten regulatory clearance. The proposed Foll’Hy facility would be built in the village of Folelli, where it will generate green hydrogen through electrolysis using power from a 12 MWp solar photovoltaic (PV) park.
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Glentra Capital has acquired a majority position in Third Pillar Solar Renewables LLC, a US-based floating solar developer with a pipeline of projects with a capacity ranging from 3 MW to 200 MW. According to the company’s statement, the bet was made as part of its plan to invest in renewable development platforms with strong management teams and a compelling pipeline of projects.
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Ecoener has committed to investing $324 million in the Greek renewables market through its 350 MW portfolio. The company is expanding its portfolio of renewable energy sources through Ecoener Hellas, a subsidiary that was founded in Greece in March 2023. The first administrative licence for the first ten projects Ecoener plans to construct in Greece was recently granted by the government.
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Iberdrola plans to add six BESS stations with a combined capacity of 150 MW to boost Spain’s energy storage capacity. The projects will be spread over Castilla y León, Extremadura, Castilla La Mancha, and Andalusia and will help integrate renewable energy into the national grid. Each of the six batteries will have a 50 MWh storage capacity and a 25 MW power output.
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Recurrent Energy, part of Canadian Solar, has obtained a $500 million investment commitment from BlackRock’s Climate Infrastructure Fund. Recurrent Energy will have 20 per cent of its capital made up of preferred equity investments, which are convertible into common stock. Canadian Solar will hold the remaining capital. Recurrent Energy will be able to construct more projects thanks to BlackRock’s funding, especially in the US and Europ
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Plenitude, an Eni subsidiary, has engaged in a strategic partnership with BlueFloat Energy and Sener Renewable Investments to construct offshore wind projects in Spain. The agreement expands on the joint venture (JV) that Sener Renewable Investments and BlueFloat formed in 2020 to construct 1.25 GW of floating offshore wind projects.
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EDP Renewables North America (EDPR NA) and EDP Renewables Canada (EDPR Canada) have started operations at the 297 MW Sharp Hills wind farm in Sedalia and New Bridgen in Alberta, Canada. The power will be supplied to TC Energy, a Calgary-based company that operates in natural gas, oil, and power. The launch of the Sharp Hills wind farm follows a memorandum of understanding between EDPR NA and the Invest Alberta Corporation. A C$600 million investment was made to build the wind farm.
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WV International Ventures, a subsidiary of Netherlands-based WV International, has announced intentions to build a 900 MW wind farm in Serbia’s Novi Sad region. The Autonomous Province of Vojvodina’s provincial government stated that the Samos wind park will be built in the northern Serbian towns of Alibunar and Kovacica, with work expected to be completed in two stages.
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Qualitas Energy, a Spanish renewables investor, has purchased a 96 MW wind energy project pipeline in Germany. Four wind projects are included in the portfolio: two in the Heidekreis district of North Rhine-Westphalia, one in the Uelzen region of Lower Saxony, and one in the Cologne region. The portfolio has the capacity to generate enough electricity to power 64,000 households.
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OX2 and Ingka Investments have applied to build Neptunus, a 3.1 GW offshore energy hub off Blekinge, Sweden. Located 50 km offshore, the Neptunus offshore wind project will be a major energy hub, with 207 wind turbines reaching heights of 420 m. The project will cover the needs of the Skåne and Blekinge districts by producing 13–15 TWh of power annually.
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Enel Green Power Australia, a subsidiary of Italian energy company Enel, has agreed to acquire QEM’s 1 GW Julia Creek renewables project in Australia. In north-west Queensland, the project is situated next to QEM’s flagship Julia Creek oil shale and vanadium project. It will use a combination of solar and wind energy to produce 1 GW of power
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