NorthRenew Energy, a US utility-scale renewable energy producer, has sold its 300-MW-plus Arco Wind and Solar project in southeastern Idaho to utility PacifiCorp, a Berkshire Hathaway Energy subsidiary. NorthRenew recently announced the deal, highlighting that it is the company’s ninth project sale since its founding in 2017.
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Origin Energy has acquired Australian renewable energy provider Walcha Energy in New South Wales, for an unknown sum. Walcha Energy has been working on the Ruby Hills wind and Salisbury solar projects, which have a combined capacity of 1.3 GW. The two projects are located close to Origin’s recently acquired Warrane land.
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Greece’s Regulatory Authority for Energy has announced 48 provisional winners in the country’s second energy storage auction, totalling 1.5 GW/3.1 GWh. This development is a component of Greece’s ongoing efforts to improve its infrastructure for energy storage. In this round, the average winning bid is €46,680 per MW annually.
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Siemens Gamesa, a Spanish developer of wind turbines, has won a contract with Polenergia and Equinor to supply turbines for the offshore Bałtyk II and Bałtyk III wind farms Poland. The projects will provide green energy to two million Polish households with a combined capacity of 1.44 GW. The company has placed an order for the manufacturing, delivery.
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Siemens Energy has announced plans to start producing transformers in the US in 2025 to meet increased electricity demand. The German energy company intends to establish its first transformer production facility in Charlotte, North Carolina, and expand its power manufacturing facility there, investing $150 million in the process.
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Optate Africa, a Zimbabwean company, intends to construct a 200 MW wind power facility near Plumtree, a town in the country’s southwest. In order to set up the facility, it has requested a 25-year lease from the Mangwe Rural District Council for 100 acres of land. Optate Africa is operating the project in collaboration with GE.
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Arevon Energy, Inc., a leading renewable energy developer, owner, and operator, together with Blackstone Credit & Insurance (BXCI), has announced a successful financial close for the 200 MW /800 MWh Condor Energy Storage Project (Condor) currently under construction in Grand Terrace, California.
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The Renewables Infrastructure Group (TRIG) has acquired a 100 per cent equity interest in Fig Power, a UK-based developer focused on battery storage with a 1.7 GW development pipeline, including 400 MW with grid connection offers and a further 1.3 GW of exclusive sites. The expected outlay over the next two years is approximately £20 million.
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The Saudi Power Procurement Company (SPPC), a company responsible for procuring power in Saudi Arabia, has released a list of eligible bidders for a fifth round of solar projects with a combined capacity of 3.7 GW. The projects were announced as part of the country’s National Renewable Energy Programme, and they include several renowned renewable energy providers.
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The US Department of Energy (DOE) will invest $4.75 million to construct a new offshore wind research centre as the government seeks to accelerate the development of renewable technologies across the country. The funds will be used to establish the Academic Centre for Reliability and Resilience of Offshore Wind (ARROW), led by the University of Massachusetts Amherst. As per DOE, the center’s primary objectives are to grow the workforce, conduct targeted research, and establish partnerships and ways to integrate equity into offshore wind development.
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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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