Iberdrola, a Spanish utility, has announced the completion of the construction of a 74 MW solar photovoltaic farm in Burgos. This solar project will hybridise the existing 69 MW BaCa – Ballestas and Casetona – wind power complex. Furthermore, the company has allocated more than €40 million for this project.
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Rubis Photosol and Neoen SA are the leading winners, with allocated capacities of 257 MWp and 221.6 MWp respectively, in the recent tender for ground-mounted solar power plants in France. The total tendered capacity was 1,519 MWp which was a slight increase from the earlier announced 1,500 MWp. Meanwhile, a total of 129 projects have been allocated by the government in this fourth-period tender for ground-mounted photovoltaic installations.
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Ørsted, a Danish renewables company, has won contracts for an 81 MW solar farm and a 43.2 MW wind farm in the Irish government’s third onshore Renewable Electricity Support Scheme (RESS 3) auction. Reportedly, the provisional results of the auction awarded 24 onshore wind and solar project contracts totaling 646 MW at an average strike price of $106.55 per MWh.
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SUSI Partners, a Swiss funds management firm, has secured debt financing for a 107 MW portfolio of solar distributed generation (DG) projects in Chile. Reportedly, the firm, working on behalf of its SUSI Energy Transition Fund (SETF), acquired an undisclosed amount of funds from the Miami branch of Chilean bank Banco de Credito e Inversiones (BCI) and Norwegian financial services group DNB.
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Solaria has obtained €1.7 billion in framework financing from the European Investment Bank (EIB), to support the construction of 20 photovoltaic power plants covering Spain, Italy and Portugal. The framework agreement has a long-term project finance structure, which comprises several loans provided by financial institutions.
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Deutsche ReGas, a German gas terminal operator, has planned to construct a 500-MW electrolysis plant for the production of green hydrogen in Lubmin, Germany. Reportedly, the preliminary design for the project has been finished, and the front-end engineering and design (FEED) stage has begun.
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VSB has secured €211 million in project financing from Landesbank Baden-Württemberg (LBBW) and Deutsche Zentral-Genossenschaftsbank (DZ Bank) to repower the Elster wind farm. €175 million of the €211 million loan has been financed on a long-term basis with a maturity of more than 20 years. Reportedly, the original Elster wind farm began operations in 2000 with a capacity of 30 MW.
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The US Bureau of Ocean Energy Management has finished the environmental analysis for Dominion Energy’s 2.6 GW Coastal Virginia Wind project and will issue a notice of availability for the final environmental impact statement (EIS) in the coming days. Reportedly, the company revealed plans to offload a non-controlling interest in the scheme in order to de-risk it.
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Masdar, an Abu Dhabi Future Energy Company, has finalised a deal with Perusahaan Listrik Negara (PLN) for a 500 MW expansion of the Association of Southeast Asian Nations floating solar plant. The agreement covers Phase II of the Cirata project in West Java, Indonesia, which is projected to achieve 145 MW of capacity in 2023.
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Galp, a Portuguese energy company, has planned to partner with Mitsui to produce renewable diesel and sustainable aviation fuel (SAF) biofuels. Reportedly, the joint venture includes an investment of approximately $691 million in two industrial-scale projects: a 270-kilo-tonne per year advanced biofuels unit and 100 MW of electrolysers for the production of green hydrogen.
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CPS Energy, a San Antonio’s municipally-owned utility, has released proposals to seek contracts for up to 500 MW of energy storage projects as part of a latest approved plan to reinforce its power generation. Reportedly, the company issued a request for proposals (RfP) this week and is awaiting proposals for both large scale and smaller sized schemes.
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Salzgitter AG, a German steel maker, has picked Andritz to construct a 100 MW electrolysis plant that will generate green hydrogen to decarbonise steel production. The green hydrogen plant will be situated at Salzgitter Flachstahl’s site in the city of Salzgitter, Lower Saxony, and will feature pressurised alkaline electrolyser technology from HydrogenPro.
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Green Genius, a Lithuania-based clean energy developer, has got approval to build two solar projects, with an overall capacity of 198.8 MW in the Baltic nations of Lithuania and Latvia. The company will build a 78 MW solar plant, which will be situated near Seduva in central-north Lithuania, and a second project in Latvia with a total capacity of 120.8 MW.
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Apex Clean Energy has given Vestas a contract to repower its Downeast Wind project in the US state of Maine. The delivery and commissioning of 30 Vestas V150-4.2 MW turbines is part of the company’s scope of work. Reportedly, the turbines will be serviced by the Danish corporation under a multi-year active output management 5000 agreement.
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EDF Renewables ( UK and Ireland ) has acquired SAS Energy, a solar energy provider for the commercial and industrial sectors. On September 15 SAS Energy became a fully owned subsidiary of EDF. EDF now owns more than 45 projects which are both in development and construction. Reportedly, the two companies have a pre-established relationship.
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Octopus Energy Generation has finalised an agreement to buy 10 per cent stake in the 732 MW Dutch offshore wind farm Borssele III & IV from Partners Group. Partners group will completely exit the project after the regulatory approvals are received. The company acquired a 45 per cent share in the project in June 2018. It offloaded a 20 per cent investment to Swiss Life Asset Managers last year.
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TotalEnergies, a French oil and gas giant has begun the development of solar projects with a total capacity of 263MW in the city of Guillena, in the Andalusian region of Spain. Reportedly, TotalEnergies will construct a total of five solar plants, namely the 51 MW Postigo, the 52 MW Arbotante, the 52 MW Pilastra, the 53 MW La Noria and the 55 MW La Carrascosa.
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Bureau of Land Management (BLM) has started seeking public inputs related to the environmental assessment of an up to 400 MW solar project to be partly situated on public lands in California. Reportedly, feedback for the Easley Solar scheme will be solicited for 30 days, until October 15.
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Poland’s Baltic Power offshore wind project of 1,140 MW situated in the Baltic Sea, has reached a significant milestone by receiving financing from a group of 25 financial institutions. The project is being built by a 51:49 joint venture between Polish oil refiner PKN Orlen and Canada’s Northland Power In.
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Ørsted, a Danish energy giant has partnered with Terra Solar to build a solar portfolio of up to 400 MW in Ireland. After grid route and grid bids are approved, the solar projects should be finished before 2030. Furthermore, they will assist in supplying more than 90,000 houses with clean energy.
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