Category: Big Moves

Oman to build 2,000 km of hydrogen pipelines

Oman intends to construct hydrogen pipelines across the country to help the Sultanate’s green hydrogen targets. The network is scheduled to have 2,000 km of pipelines which will initially supply green hydrogen to three industrial zones which are Duqm, Al-Jazir and Salalah, and is being built by Hydrom.

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Enfinity acquires 546 MW solar portfolio from CS Energy

Enfinity Global, a Spanish renewables developer, has bought a portfolio of solar assets under development with a total capacity of 546 MW in the US state of Colorado from CS Energy. Additionally, the portfolio has three solar projects with an order to generate 100 per cent renewable energy by 2050.

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RWE obtains consent for a 500 MW wind project off Wales

RWE, a German energy major, has won development consent from the Secretary of State for Energy Security and Net Zero, Claire Coutinho, for its 500 MW plus Awel y Mor offshore wind project in Welsh waters. Reportedly, RWE will develop Awel y Mor in a joint venture with Stadtwerke München, which owns a 30 percent stake, and Siemens Financial Services, which owns a 10 percent stake.

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Macquarie announces 2.4-GW onshore wind partnership in Australia

Macquarie Asset Management has revealed its partnership with Perth-based Green Wind Renewables Pty Ltd (GRW) to collaboratively build up to 2.4 GW portfolio of onshore wind projects in Western Australia. The companies will collaborate on the projects as a joint venture, which might eventually grow to include more projects. Moreover, the partners have already negotiated land contracts for the projects and will now begin resource monitoring work.

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Colgate Palmolive finalises a 209 MW solar PPA with Scout

Scout Clean Energy, a Colorado-based renewable energy company, has finalised a deal to sell electricity from a 209 MW solar park it will build in Texas to Colgate-Palmolive Co. The companies have signed a power purchase agreement regarding what will be Scout’s first greenfield solar photovoltaic project.

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Tata Power gets DFC funding for solar module plant in India

Tata Power Solar Systems Limited (TPSSL) has bagged $425 million from the US international Development Finance Corporation (DFC) for its forthcoming solar module and cell manufacturing plant located in Tirunelveli district, Tamil Nadu, India. The facility is anticipated to commence operations by the end of this year, with the manufacturing of its first cell expected in the first quarter of 2024.

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RWE finalises offshore wind grid agreement with TenneT

RWE, a German energy giant, has finalised offshore grid connection agreements with network operator TenneT for the OranjeWind offshore wind project. The offshore wind facility will have approximately 800 MW of capacity and will be built 53 km off the Dutch coast. The realisation of the grid connection and the transmission of the power produced by RWE’s wind farm on TenneT’s platform are included in the scope of the connection.

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Red Sea Global, EDF, Masdar sign 25 year partnership for Amaala solar

Red Sea Global, a Saudi Arabian state-owned developer, has signed a 25-year concession agreement with French utility EDF and renewables producer Masdar to build a multi-utilities facility that would power the Amaala tourism project. The project will have an off-grid renewable energy system that uses solar photovoltaic technology to produce electricity.

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Trina plans to build 5 GW module factory in Texas 

Trina Solar, a Chinese manufacturer of photovoltaic equipment, has planned to build a 5 GW photovoltaic module factory in Texas, entailing an investment of over $200 million. The property and necessary equipment are both included in the proposed investment. According to the plan, the company will manufacture its Vertex modules at the new manufacturing facility using polysilicon that is sourced from the US and Europe and 210-mm large-size wafers.

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Lhyfe to supply wind power to French hydrogen site

Lhyfe, a French green hydrogen developer, has finalised a corporate power purchase agreement (PPA) with VSB Energies Nouvelles concerning a wind farm in France that will produce electricity for electrolytic hydrogen production. Lhyfe Bretagne, which is a 5 MW green and renewable hydrogen production site for Brittany, is located in Buléon.

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Masdar to build DEWA’s 1.8 GW solar facility in UAE

Masdar, a United Arab Emirates based energy company, has signed a contract with Dubai Electricity and Water Authority to construct and operate the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park. It will be constructed with an investment of $1.5 billion. The total energy generation capacity of the solar facility is 1.8 GW.

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PLN to build 32 GW of renewable capacity

Perusahaan Listrik Negara (PLN), Indonesia’s state-owned utility, is looking to add 32 GW of renewable energy and invest in a transmission system that can connect to renewable energy. Reportedly, this move is part of the company’s plan to decrease its dependency on coal and accelerate the adoption of renewables to generate the country’s power output.

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EBRD finances CPIH’s 100 MW Kazakh wind farm

The European Bank for Reconstruction and Development (EBRD) has approved a loan of $39 million to China Power International Holding (CPIH) to support the construction of a 100 MW wind farm to be built in Kazakhstan. The Shokpar wind farm, which is located in the Sarysu district in the Zhambyl region of the country, is an extension of the Zhanatas wind farm.

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South Africa greenlights 203 MW hybrid renewable energy projects

South Africa has signed project agreements with additional two preferred bidders appointed under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP), in Pretoria for two hybrid projects. Gwede Mantashe, Minister of Mineral Resources and Energy has finalised an agreement of 203 MW with bidders. The projects consist of a combination of battery storage technologies, solar PV and onshore wind.

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Bila Solar invests $35million in 1 GW solar module facility in US

Bila Solar, a Singapore based solar module manufacturer is investing $35m on a plant in Indianapolis, Indiana, which has the capacity to produce 1 GW of glassless, frameless solar modules. It plans to renovate an existing 150,000ft² facility at White River Parkway East Drive, Indianapolis. The plant, which is anticipated to be fully operational in summer 2024.

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ACCIONA Energía signs MoU with Aruba for green hydrogen valley

Acciona Energía, a Spanish company, has signed a MoU with Aruba for setting up a green hydrogen valley on the island. In order to set up, establish, and operate a green hydrogen facility, which will be powered by a self-consumption clean energy project, Accoina Energía will work with the state-owned energy entities of Aruba.

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TotalEnergies begins 1 GW solar project in Iraq

TotalEnergies, a French energy giant, has initiated its project for the development of a 1 GW solar park in southern Iraq. The project is one of four contracts TotalEnergies has with the Iraqi Ministry of Oil for facilities in the Basra Governorate for gas, oil, renewable energy, and seawater desalination. Reportedly, TotalEnergies started its four contracts in August 2023.

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Sembcorp explores offshore wind power import from Vietnam

Sembcorp Industries Ltd has announced that it is exploring investing through a wholly-owned subsidiary in the development of offshore wind projects in Vietnam with the goal of exporting electricity to Singapore. As per the Singapore-based energy and urban development company, Sembcorp Utilities Pte Ltd and Petrovietnam Technical Services Corporation, a part of the Vietnam Oil and Gas Group.

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ENGIE buys Broad Reach Power company

Engie, a French utility company, has purchased Texas-based battery energy storage firm Broad Reach Power for $1 billion. This transaction is expected to close in the fourth quarter of this year, subject to approval from the antitrust and energy regulatory authorities. Broad Reach Power develops and operates clean energy and energy storage projects across Texas, California, and other markets in the US.

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