Grenergy has inked a long-term power purchase agreement (PPA) with a global energy company in Chile. The agreement stipulates the sale of 390 GWh of solar energy annually through a daytime PPA. This PPA will come into effect in October 2026. The solar energy will be generated by projects being developed by Grenergy in central Chile. Furthermore, out of the total 390 GWh, 110 GWh of solar energy per year will be provided over a 15-year period.
Read More
La Société de projet BVH1, s.e.n.c., a corporation jointly created by Boralex Inc., Énergir Développement Inc., and Hydro-Québec, has secured $960 million financing for the 400 MW Des Neiges – Secteur sud wind power project. The project is currently under construction on the private lands of Seigneurie de Beaupré. The financing for the wind project consists of a $733 million construction loan.
Read More
ENGIE North America (ENGIE) has formed a partnership with funds managed by CBRE Investment Management (CBRE IM) for a portfolio of battery storage assets across Texas and California. The 2.4 GW portfolio encompasses 31 operational projects in the Electric Reliability Council of Texas (ERCOT) and California Independent System Operator (CAISO) territories. ENGIE will retain a controlling stake in the portfolio.
Read More
TE H2, a developer majority-owned (80 per cent) by French energy giant TotalEnergies, has filed an environmental impact assessment for its $16 billion green hydrogen and ammonia project in southern Chile. Slated to become one of the country’s largest facilities by 2030, the project is located in San Gregorio, near Tierra del Fuego.
Read More
Northland Power has commenced commercial operations at the 250 MW/1,000 MWh Oneida Energy Storage Project, located in Haldimand County, Ontario. This project is the company’s first operational energy storage asset in Canada. The project was completed at a final cost of approximately $700 million, below the initial estimate of $800 million set at financial close in 2023.
Read More
DESRI, in partnership with Ranger Power has announced the financial closure and start of construction for the Heartwood and White Tail solar projects in Michigan. The Heartwood Solar facility has a capacity of 150 MWac and is located in Hillsdale County. White Tail Solar project has a capacity of 140 MWac and is situated in Washtenaw County.
Read More
Arevon Energy has commenced construction on its Kelso 1 and Kelso 2 solar power projects, with a combined capacity of 430 MWdc, located in Scott County, Missouri. The projects mark Arevon’s entry into the utility-scale renewable energy sector in the state. The company will own and operate the projects over the long term.
Read More
Trina Storage has joined forces with FlexGen Power Systems to deliver a 371 MWh battery energy storage system (BESS) in Houston, Texas, US. The project features Trina Storage’s advanced Elementa 2 solution. The project was developed by SMT Energy. FlexGen will provide system integration services and implement its HybridOS energy management software, streamlining system management and boosting operational efficiency.
Read More
Atlas Renewable Energy has secured $510 million financing for the Estepa project. It is a hybrid solar photovoltaic and battery energy storage system (BESS) project located in Chile’s Antofagasta region. The project features a photovoltaic solar plant with an installed capacity of 215 MW and an estimated generation of 600 GWh per year.
Read More
Celsia has acquired a 675 MW renewable energy portfolio from Mainstream Renewable Power. The portfolio consists of solar and wind energy projects, which are at various stages of development. The solar projects are Andromeda and Pollux, each with a capacity of 100 MW, and Aries with a capacity of 175 MW. The wind projects in the portfolio are Neptuno and Sirius, each with a capacity of 150 MW, located in La Guajira.
Read More
CPS Energy has expanded its existing power purchase agreement (PPA) with Avangrid by incorporating an additional 159.2 MW of wind energy from the Peñascal wind farm situated in Kenedy County, Texas. The Peñascal wind farm has a total capacity of 401 MW. Furthermore, with the expanded agreement, Avangrid will allocate 80 per cent of the total wind energy produced at this facility to CPS Energy’s customers.
Read More
Palladium Energy (Palladium), through its joint venture with Arava Power Company (Arava), has sold the solar plus storage portfolio to Exus Renewables North America (Exus). The portfolio has 364 MW of solar and 280 MWh of storage capacity. The portfolio includes three mid-stage projects situated in PJM and MISO. The development, construction, and asset management of the portfolio will be carried out by Exus.
Read More
Lhyfe has secured a €149 million grant from the French government for the Green Horizon project. Lhyfe intends to produce up to 34 tonnes of green hydrogen per day using the project. The production site is expected to be completed by 2029. The contract with Bpifrance outlines the terms of implementation for the public funding. Lhyfe will secure an initial advance of €18 million by June 2025.
Read More
Enlight Renewable Energy (Enlight) has secured $243 million in construction financing commitments for the Quail Ranch project. This has been secured through Enlight’s US subsidiary Clenera Holdings LLC. The construction loan is a part of the financial close for Quail Ranch, which is located near Albuquerque, New Mexico, USA. Furthermore, the project combines 128 MW of solar generation with 400 MWh of battery storage capacity.
Read More
ContourGlobal has commissioned the Quillagua plant, located in the municipality of Maria Elena, in the Antofagasta region of Chile. This is a 221 MWp photovoltaic solar plant with a 1.2 GWh battery storage system. Quillagua has the potential to deliver 200 MW of power for 6.2 hours after sunset. Furthermore, the Quillagua plant is a part of a larger development, which includes another project, the Victor Jara plant in the Tarapacá region.
Read More
Atlas Renewable Energy (Atlas) and Colbún have inked a power purchase agreement (PPA) for a battery energy storage system (BESS) project located in the Antofagasta Region, Chile. The project will have an installed capacity of 230 MW and a storage capacity of 920 MWh per day. This is a 15 year PPA and allows Atlas to build the BESS project and Colbún to acquire the project’s energy supply.
Read More
Apex Clean Energy has inked an agreement with Electricity Generating Public Company Limited (EGCO Group) for the partial sale of its renewable assets portfolio in US. Under the agreement, EGCO Group will acquire a 49 per cent ownership interest in the Pinnacle II portfolio, which has a combined capacity of 251 MW. The remaining 51 per cent stake will be owned by Apex Clean Energy, and it will oversee the operations of the projects.
Read More
Celepsa and Zelestra have inked a power purchase agreement (PPA) that guarantees the supply of renewable energy for Celepsa’s operations in Peru. The PPA will allow Celepsa to receive 450 GWh of renewable energy annually for its operations. Furthermore, under this agreement, Zelestra will build a 238 MWdc solar project in Peru. The new projects, along with the San Martín project, will increase Zelestra’s contracted portfolio to over 530 MWdc in Peru.
Read More
EDP Renewables North America (EDPR NA) has launched the 100 MW Riverstart III Solar Park (Riverstart III) in Randolph County, Indiana. This represents the newest third phase of Riverstart Solar Park. Riverstart III will generate electricity equivalent to the consumption of more than 19,200 households in Indiana. Furthermore, Amazon has contracted for the entire 100 MW of the solar park through a long-term power purchase agreement.
Read More
AIP Management has inked an agreement to acquire a 49.99 per cent equity stake in Pine Forest. This project from Clearway Energy Group consists of a 300 MWac solar photovoltaic system and a 200 MW/400 MWh battery energy storage system. The total investment for the project is around $ 200 million. Furthermore, this project is located in the ERCOT North market region. The project is currently under construction.
Read More