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Abu Dhabi's IHC to invest $2 billion in Adani green firms
Abu Dhabi's International Holding Company PJSC will certainly invest $2 billion as primary capital in three green-focused companies of Adani Group-- Adani Green Energy, Adani Transmission and also Adani Enterprises.
Apr 11, 2022 // Markets & Finance News, Abu Dhabi, Adani, IHC, Syed Basar Shueb
First Solar to invest $1bn to ramp US PV manufacturing
Investment will certainly expand the business's ability to domestically generate solar modules to over 10GW
Aug 30, 2022 // Markets & Finance News, USA, First Solar, Mark Widmar, North America
Shell & Green Tie Capital's Solar Project in the Offing in Spain
Global energy conglomerate, Shell plc and Green Tie Capital have determined to collaborate to create solar projects in Spain with a combined capacity of more than 2 GW. To develop renewable resource projects in the Philippines, Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) and Shell organization unit Shell Overseas Investments signed a joint venture agreement in July 2022.
Sep 7, 2022 // Markets & Finance News, shell, International, sprng energy, Green Tie Capital, Hollandse Kust
Ground-mounted PV auction set to boost France’s capacity by 10%
A major ground-mounted PV auction in France is set to boost the country’s solar capacity by 10%, with 107 developers successfully bidding on 858MW of capacity spread evenly across the country.
Aug 6, 2019 // Plants, Large-Scale, Grids, Tariffs, France, Wood Mackenzie, Engie, tender, auctions, ground-mounted pv, Europe
North Macedonian utility embraces solar at expense of coal
State-owned power company Elektrani na Severna Makedonija, which is developing a 10 MW solar project at its coal plant in Oslomej, is planning to stop seeking a coal alternative to its depleted lignite mine and to instead expand the solar scheme to fully replace an ageing 125 MW thermal plant.
Sep 25, 2019 // Plants, Large-Scale, Commercial, Thermal, EBRD, Europe, North Macedonia, Elektrani na Severna Makedonija, thermal plant
Unsubsidized 350 MW PV project in the UK
Hive Energy has actually been preparing the Cleve Hill Solar Park because 2017. It currently anticipates to safeguard last authorization from the U.K. Department for Business, Energy as well as Industrial Strategy by the end of this month.
May 15, 2020 // Plants, Large-Scale, Commercial, UK, Europe, hive energy, wirsol
The Task Behind Sterling and also Wilson Solars AUD 615 Million Victory
Recently, Sterling and Wilson Solar (SWSL) revealed its biggest, as well as 2nd significant contract in the Australia market, when it announced am AUD 615 million dollar win for an EPC and also O&M contract in the country.
May 27, 2020 // Markets & Finance News, Australia, SWSL, Lightsource BP, neoen, Oceania, cleanco queensland, Sterling and Wilson Solar, western downs
Photon Energy wins tender for 3 MWp hybrid solar energy plant in Australia
Photon Energy report the Group's Sydney-based subsidiary devoted to design, procurement and also construction (EPC) solutions - has actually been granted an agreement to supply a 3 MWp nuclear power plant in Wodonga, Victoria.
Jun 2, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Australia, pv power plants, tender, Oceania, photon energy, Michael Gartner
EDF Secures PPA for 200 MW Solar Plus 180 MW Storage Projects
EDF has actually finished the signing of a 22-year PPA with NV Energy for a 200 MWac solar plus 180 MW, four-hour battery storage space system in Nevada.
Jul 30, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, PPA, solar plus storage, EDF Renewables, nv energy, International
GE Joins 500 MW Pumped Hydro Storage Project in Australia
GE Renewable Energy and also Walcha Energy will jointly create the 500 MW Dungowan pumped hydro storage space project in the New England REZ in NSW, Australia.
Aug 5, 2020 // Storage, Australia, Oceania, GE Renewable Energy, Simon Currie, Pascal Radue
India's DVC to create virtually 1.8 GW of floating solar-- report
Indian state-owned power firm Damodar Valley Corporation (DVC) will certainly concentrate entirely on solar projects to include extra capability, as it seeks to establish a considerable floating PV portfolio.
Sep 28, 2020 // Market Research, India, floating PV, Asia, Damodar Valley Corporation, energy transition
New South Wales Govt's First Auction Underway for 12 GW RE Zones
This exercise is the very first in a collection of bi-annual tenders over one decade to replace retiring coal fired power stations with modern-day electricity infrastructure. NSW is targeting the construction of 12 gigawatts of renewable resource by 2030.
Oct 12, 2022 // Storage, Policy, Australia, tender, Oceania, new south wales, Matt Kean, rez, Central-West Orana Renewable Energy Zone, Electricity Infrastructure Roadmap, Minister for Energy
Asian Development Bank to Fund Bhutan's First Utility-Scale Solar Project
The financing includes an $8.26 million concessional lending as well as an ADB-administered $10 million grant from the Asian Development Fund. Bhutan wishes to move beyond hydropower sources of energy in the sight of climate modification.
Oct 31, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Asian Development Bank, hydropower, Solar Project, Bhutan, Christoph Meindl, Republic of Korea e-Asia, Republic of Korea e-Asia and Knowledge Partnership Fund
Canadian Solar Bags 256 MW Contracts For South Africa Largest Solar PPAs
Canadian Solar Inc. has introduced that its majority-owned subsidiary CSI Solar Co., Ltd. (" CSI Solar") signed a 256 MW solar module contract with SOLA Group, a Cape Town-based independent power producer. The 256 MWs will supply the first two biggest utility-scale solar energy projects in South Africa, which are based on private power purchase agreements (PPAs).
Dec 6, 2022 // Markets & Finance News, Canadian Solar, PPA, Africa, sola group, South Africa, Shawn Qu, BiHiKu7 modules, CSI Solar co, Dom Wills
Hyundai Mobis Constructs New Battery Plant in Indonesia
Hyundai Motor Group has invested an overall of $60 million (KRW 80 billion) on the new EV committed battery system plant. The plant in Indonesia is anticipated to offer a solid ground to Hyundai Mobis for its international electrification company targeting the ASEAN.
Jun 1, 2023 // Storage, ASEAN market, Bekasi EV battery plant, HLI Green Power, Hyundai Mobis, Hyundai Motor Group, KRW 80 billion, Oh Heung-sub, South Korean automotive supplier, Southeast Asia EV battery market