The Renewable Energy Roadmap for Central America by International Renewable Energy Agency (IRENA) provides a comprehensive pathway for the development of a sustainable and cleaner regional energy system. It explores the role of end-use sectors electrification, the feasible expansion of renewable generation, energy efficiency solutions as well the importance of expanding the existing regional power sector integration.
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In an onshore wind power infrastructure auction, the German Federal Network Agency awarded RWE two onshore wind projects. The Grevenbroich wind farm in North Rhine-Westphalia has a total installed capacity of 45 MW, whereas the Bartelsdorf 2 project is in Lower Saxony. The Grevenbroich wind farm will have a total installed capacity of 17.1 MW, and construction is planned to start in the second quarter of 2022.
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President Biden has laid out a plan for $550 billion in clean energy investment over the next 10 years. It’s a plan to create jobs, save families an average of $500 a year in energy bills, and help to make our country more secure. Ending our dependence on oil will distance U.S. families and businesses from the volatility of global markets. It will take us out of the business of subsidizing aggression from petro states like Russia. And it will help us confront the global climate crisis—the existential environmental challenge of our time.
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While we continue to maintain a robust growth forecast for Vietnam’s renewables sector, we believe that persistent regulatory and operational uncertainties will weigh on the near-term outlook and pose some downside risks. This stems from a lack of clear policy around the upcoming Power Development Plan, feed-in-tariffs for the wind sector, and procurement structure and bidding mechanisms for renewable projects going forward. Operational difficulties around grid bottlenecks for renewables integration will also pose a significant challenge to growth.
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Risen Energy Co., Ltd., a Chinese solar module manufacturer, has secured the contract to provide TITAN 650 W PV modules to Sinopec’s green hydrogen demonstration project in Kuqa County, Xinjiang, China. Once completed, the 361 MW project will be the world’s largest PV-based hydrogen manufacturing facility, and it is being hailed as a breakthrough in China’s efforts to transform its huge traditional energy producers.
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The Netherlands has stated that it will shortly issue a request for proposals for the construction of two new offshore wind farms with a combined capacity of 1400 MW. The North Sea will be the site of the new projects. The Dutch government released laws detailing the procedure in the Government Gazette on March 9, 2022. According to the notification, wind farm lots 6 and 7 will each have a capacity of 700 MW.
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Ruserio Solar, a Dhamija Group special purpose company, has invited contractors to submit expressions of interest for the engineering, procurement, and construction (EPC) of a 113 MW solar power project in Romania’s Bucsani district. Signing a power purchase agreement with the offtaker and power trading at the Romanian gas and electricity market operator are both part of the project.
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The final results of the latest auction for solar energy projects with a power rating of more than 250 kW have been revealed by Japan’s Green Investment Promotion Organization. According to the reports, the procurement activity, which was the eleventh of the country’s utility-scale solar auction schemes and would be the last exercise providing fixed rates, picked 273 PV projects with a combined capacity of 268.7 MW.
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Despite the continuing Covid-19 pandemic, 2021 was a record-breaking year for investment in the energy transition and the deployment of renewable power, battery storage, and sustainable transportation. This growth was fueled by strong consumer demand, unprecedented injection of new capital into companies, technologies, and projects, and a wave of supportive new policies.
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A consortium comprising Macquarie Asset Management, British Columbia Investment Management Corporation (BCI) and MEAG has agreed to acquire Reden Solar. Reden Solar is being purchased from InfraVia Capital Partners and Eurazeo for €2.5 billion. With a 762 MW active portfolio and a 15 GW development pipeline, Reden Solar develops, finances, builds, and runs solar power projects in Europe and Latin America.
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India-based ACME Solar Private Limited has launched a 50-50 joint venture with Scatec, a company based in Norway to design, construct, build, and operate a large-scale green ammonia production facility in Oman. The facility’s initial phase is projected to produce 100,000 tonnes of green ammonia per year, and it will be expanded to 1.2 million tonnes per year with around 3.5 GW of electrolyser capacity, which will be powered by a solar PV plant with a capacity of 5.5 GWp.
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Southeast Asia (SEA) is a diverse region with many countries vulnerable to the impact of climate change. At the recent COP 26 conference at Glasgow, all 10 SEA countries upped their commitments to mitigate climate change. So far, six countries (Vietnam, Brunei, Lao PDR, Malaysia, Indonesia and Thailand) have announced net zero targets. However, in 2020, the coronavirus affected the regions’ energy sector, putting energy resilience to the test.
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The Chinese government plans to construct 450 GW of renewable energy generating projects in the Gobi Arid and other desert areas to accomplish its sustainability goals. The government intends to establish solar and wind energy installations in the area as part of this initiative. According to the reports, ultra-high voltage electricity transmission lines and coal-fired power plants would be required to secure the power grid’s stability in order to accommodate large-scale renewable energy installations in the country.
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In response to Russia’s invasion of Ukraine, Danish turbine manufacturer Vestas plans to halt four Russian wind projects. Novoalekseevskaya, Grazhdanskaya, Ivanovskaya, and Pokrovskaya are the four projects now in the development phase. They have a total capacity of 253 MW. Vestas was selected for these projects by a partnership that included Gazprombank of Russia and Fortum of Finland.
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The president of Philippines has signed an executive order allowing nuclear power to be included in the country’s energy mix as the government transitions away from coal-fired power facilities in order to meet its climate targets. On February 28, 2022 the order was signed and it was made public on March 3, 2022. According to NHK World-Japan, coal-fired power plants currently serve around 60 per cent of the Philippines’ overall energy needs.
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Equinor, a Norwegian energy company, has partnered with BP to transform the South Brooklyn Marine Terminal (SBMT) complex in New York into a regional hub for offshore wind. The companies plan to develop the facility into an offshore wind port to accommodate their 3.3 GW of East Coast offshore wind projects. Sustainable South Brooklyn Marine Terminal (SSBMT), the terminal operator, and the New York City Economic Development Corporation (NYCEDC) co-signed the agreement.
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Fossil fuel dependence leaves the United States and its economy vulnerable in many ways. Global energy supplies are subject to the dangerous whims of foreign dictators. Breaking free from fossil fuel dependence will require the big, bold investments in the clean energy economy that are a major priority in President Joe Biden’s economic agenda. It will also lower costs for American families across the board—making for a cleaner, more reliable and more affordable future.
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Carbon, a solar panel manufacturer, is planning to establish a 5 GW solar panel facility in France by 2025. As per the company statement, by the end of this decade, it expects to triple its production capacity to 15 GW. According to the company, the Gigafactory project will provide over 2,000 direct and 4,000 indirect employment opportunities.
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Siemens Gamesa has signed an agreement with Eolus, a major wind power developer in the Nordic region, to deliver 16 wind turbines for upcoming wind projects in Skallberget-Utterberget and Tjarnas, Sweden. The first project, located in the Avesta Municipality in Skallberget-Utterberget, will be equipped with twelve SG 6.6-170 wind turbines that will generate approximately 74 MW of power. The second project, in Hedemora Municipality’s Tjarnas, will feature four turbines producing around 25 MW of power.
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Vietnam offers the highest potential job creations in hydro, solar and wind power. Geothermal jobs are highly needed in Indonesia. More than half of ASEAN’s new RE jobs are in Vietnam (56%) and the remainder are distributed proportionally in seven ASEAN Member States (AMS): Indonesia (10%), Myanmar (11%), the Philippines (9%), Lao PDR (4%), Malaysia (3%), Thailand (3%) and Singapore (2%).
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