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Macquarie Invest USD 332M in Hydro's Renewables
Macquarie Asset Management and Norsk Hydro ASA just announced a joint venture worth USD 332 million to develop 6.9 GW of renewable projects across three countries. Check out the details on this innovative partnership and its expected impact.
Oct 24, 2023 // Markets & Finance News, macquarie
Green H2 Demo Plant: Duke's Florida Project
Duke Energy's innovative pilot project in DeBary, Florida, will feature green hydrogen production, storage and combustion technology. In collaboration with GE Vernova and Sargent and Lundy, the project will create the first combustion turbine running on up to 100% hydrogen. Construction starts this year and is expected to be operational by 2024.
Oct 30, 2023 // Plants, Storage, USA, Duke Energy, North America
Multi-Billion Polysilicon Factory for QLD
Investment manager Quinbrook Infrastructure Partners is making a multi-billion-dollar move in North Queensland, Australia - creating a polysilicon factory powered by green energy, to produce silica quartz for solar panels & batteries. Over 1,000 jobs in construction & operation await - subject to government approvals. Townsville & the region are set for a sustainable technology hub & new job opportunities!
Oct 31, 2023 // Manufacturing News, Australia, queensland, Oceania, quinbrook infrastructure partners
200MW Murcia Solar: TotalEnergies & Soltec Forge Ahead
TotalEnergies and Soltec have achieved a major milestone with their solar project in Spain. With 337,174 bifacial photovoltaic modules and 5341 solar trackers, the Luminora Solar Dos project will bring 2200 jobs and energy savings to the local towns. Studies by TotalEnergies, UAM and CTFC to reduce environmental impact are also underway.
Nov 7, 2023 // Markets & Finance News, Spain, Europe, Soltec, Solar Project, TotalEnergies
Kyon's Largest Battery in Europe
Kyon Energy has been given approval to construct the largest battery energy storage system in Europe. The 137.5-MW/275-MWh project will be capable of powering one million households for one hour and is set to begin construction in 2021. Kyon Energy is leading the way in energy storage with their 500 MW projects.
Nov 14, 2023 // Storage, Europe, Kyon
Samsung C&T to Build Green Hub in Australia
Samsung C&T Corp. has signed an MoU to develop a mega-scale complex for renewable energy, battery storage, hydrogen production, and more in Australia. Discover the potential of this ambitious project with Samsung's commitment to 100% renewables.
Nov 15, 2023 // Solar to Fuel, Australia, Oceania, Samsung C&T
Groundbreaking on Box Canyon: BrightNight-Cordelio Solar Project Soars
BrightNight and Cordelio Power start construction of a massive 300-MW solar farm in Arizona. Box Canyon Solar Project to generate 900,000 MWh of renewable energy annually, powering 77,000 homes and businesses, with USD 134 million in local economic benefits. Operational in 2025, it will expand their joint venture partnership to 2 GW capacity.
Nov 16, 2023 // Plants, Large-Scale, Commercial, USA, Arizona, North America, solar farm, Cordelio Power, brightnight
Akuo Boosts Mayotte's Renewable Energy Push
Experience clean energy with Akuo Energy's 1.2MW Hamaha Solar Park in Mayotte, a French archipelago. Offsetting 1,100 tonnes of CO2, the facility provides energy to 1,700 people and a 3.5MWh battery storage system for peak demand. Akuo Energy has 20+ GW of projects in the pipeline.
Nov 22, 2023 // Plants, Large-Scale, Commercial, Storage, Akuo Energy, PV Power Plant, Mayotte
Cimic Brightens Victoria with 130-MWp Solar Park
Cimic Group's 130-MWp Glenrowan solar park is powering 45,000 Aussie homes with 260 GWh of energy each year. Construction began in 2021 and is expected to reach full production by March 2022. A 10-year PPA with the Victorian gov secures energy for years to come.
Nov 23, 2023 // Plants, Victoria, PV Power Plant, Cimic Group
SB Energy Funds 1.3GW Solar Portfolio with IRA Domestic Content
SB Energy Global secures $2.4bn to finance 1.3GW US solar projects, creating good-paying jobs and driving clean energy deployment. Domestic content adder provisions in the Inflation Reduction Act fuel US manufacturing.
Dec 1, 2023 // Markets & Finance News, USA, North America, sb energy
BNDES: Investing in Brazil's 902MW Solar Complex
BNDES invests USD-447.8M to build 902 MW solar complex in Janauba, powering 3 million people while offsetting 2.4 million tonnes of CO2. Albras offtakes power with 21-year PPA, part of Brazil's new PAC.
Dec 1, 2023 // Markets & Finance News, BNDES, Janauba
PetroGreen Powers Up 25MW Solar Project in Philippines
PetroGreen Energy Corp, a renewable power producer, is set to build a 25-MW solar park in the Luzon region of the Philippines. The project is expected to annually generate 41,000 MWh of electricity and reduce 29,100 tonnes of carbon dioxide emissions. Construction begins January 2021.
Dec 4, 2023 // Plants, Large-Scale, Commercial, Asia, Philippines, PV Power Plant, PetroGreen
Stonepeak Powers 500 MW Solar-Storage JV in Korea
Peak Energy and Topinfra form JV to develop 500 MW of solar and battery storage capacity in South Korea, with initial investment of 70 MW. Funds from Peak Energy will fuel ambitious pipeline of projects within the country.
Dec 18, 2023 // Plants, Storage, Asia, Korea, Peak Energy, Topinfra
India's Waaree Secures $66M Solar Project Deal
Waaree Renewable Technologies secures a INR 5.48bn contract for a 335 MW solar project, adding to their impressive unexecuted order book of 1.16 GW.
Feb 6, 2024 // Plants, Commercial, India, Asia, Waaree Renewable Technologies
Microsoft Partners with Recurrent Energy for Louisiana Solar Project
Recurrent Energy secures $160M financing for Bayou Galion Solar project in Louisiana, with Microsoft purchasing all energy to support its carbon-negative goal. Louisiana set to become a major player in solar energy with projected 3,000 MW increase.
Feb 7, 2024 // Plants, Commercial, Markets & Finance News, USA, Microsoft, North America, Louisiana