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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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ENERGO-PRO has inked an agreement to purchase the large hydropower plant Baixo Iguaçu situated in Brazil. This hydropower plant has a total capacity of 350 MW. The Baixo Iguaçu plant was constructed in 2019 on the Iguaçu River in the state of Paraná. Furthermore, the purchase price of the power plant exceeds €250 million. The purchase is financed by a combination of ENERGO-PRO’s own funds and external sources.
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ENGIE Brasil Energia has inked an agreement for the acquisition of two hydropower plants. These are the Santo Antônio do Jari hydropower plant situated in the states of Amapá and Pará and the Cachoeira Caldeirão hydropower plant in the state of Amapá. The transaction is valued at approximately R$2.9 billion out of which approximately R$2.3 billion is in equity and approximately R$671 thousand in net debt.
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Invenergy has reached the commercial operations of the Sauk Valley Hydrogen facility. This is a 5 acre clean hydrogen project situated in Rock Falls, Illinois. This hydrogen facility will utilise power from Invenergy’s co-located solar facility and Ohmium International’s electrolyser technology. Furthermore, using Invenergy’s co-located solar and electrolyser facility, the green hydrogen plant can produce up to 40 metric tonnes of clean hydrogen annually.
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Nofar USA (Nofar) and Qcells have inked an agreement for the development and construction of two battery energy storage system (BESS) projects. These two projects will have a combined capacity of 350 MW and a 2 hour duration. The projects are Bracero Pecan with a capacity of 230 MW/460 MWh situated in Reeves County and Fairway with a capacity of 120 MW/240 MWh in Freestone County. These projects are in the final stages of interconnection approvals.
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Zelestra and Abastible have inked a long-term power purchase agreement (PPA) for the sale of electricity from 100 per cent renewable sources. Under this agreement, the companies will utilise a tailor-made energy solution that consists of a 220 MWdc solar PV plant and a 1 GWh battery energy storage system. Furthermore, this hybrid plant is situated in Tarapacá, Chile, and has already commenced construction.
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Verdagy has selected Black & Veatch as a front-end engineering design (FEED) contractor for its 60 MW clean hydrogen project. It has a production capacity exceeding 9,000 tonnes of clean hydrogen annually. Furthermore, FEED is targeted for completion in May 2025, and the final investment decision in July 2025. This project will utilise Verdagy’s eDynamic electrolysers and will match ESCORT’s grid’s energy variations.
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