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PS Acquires Half Share in California Solar Project
Sustainable Energy Infrastructure Inc (PSEI), has acquired a 50% stake in EDF Renewables’ 300-MW Desert Quartzite solar-plus-storage project in Riverside County,
Aug 29, 2024 // Plants, Markets & Finance News, Storage, California, USA, North America, Power Sustainable
Amazon Boosts Renewable Energy Portfolio with Ohio Solar Farm
Fox Squirrel Solar Phase 1 plant. The off-take commitment was announced by EDF Renewables North America and Enbridge Inc, who own the project jointly. Amazon, known as
May 23, 2024 // Plants, Large-Scale, Commercial, Amazon, Ohio solar farm
Verizon includes 6 PPAs for 845MW solar ability
PPAs with Lightsource BP, Invenergy, EDF Renewables and also NextEra Energy Resources will certainly be used to finance six solar projects which are due to be finished
Feb 1, 2021 // Plants, Large-Scale, Commercial, USA, UTILITY-SCALE SOLAR, PPA, Lightsource BP, Invenergy, North America, NextEra Energy, solar ppa, edf renewables,, Verizon, corporate financin
Ameren Missouri to acquire 200-MW solar plant
to acquire the Huck Finn solar project according to a build-transfer manage EDF Renewables. The project will certainly be executed on the boundary of Missouri's Audrain
Jun 27, 2022 // Plants, Large-Scale, Commercial, Ameren Missouri, pv poer plant
Masdar looks to extend renewables placement in 'crucial market' Southeast Asia
Abu Dhabi-based renewables company Masdar has a "significant aspiration" to increase its tidy energy portfolio in Southeast Asia, a firm exec has actually told PV Tech.
Mar 2, 2021 // Plants, Markets & Finance News, Floating PV, Masdar, floating PV, Asia, Indonesia, Southeast Asia, Floating solar, Masdar Clean Energy, Ahmed Al Awadhi
Longroad Energy begins building and construction on Maine's largest solar project
Renewable energy designer Longroad Energy has actually funded and also commenced building and construction of the 3 Corners Solar project in Kennebec County, Maine. The about $200 million project has actually been in development for five years, and upon conclusion in late 2023 or early 2024, will be the largest solar project in Maine.
Nov 16, 2022 // Plants, Large-Scale, Commercial, longroad energy, PV Power Plant, Matt Kearns, Deb Merril
Steel manufacturer Nucor indications massive PPA for 250 MW of brand-new solar power in Texas
be the matching of the power consumed by nearly 50,000 typical Texas homes. " EDF Renewables is pleased to partner with Nucor as well as help them with their
Nov 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, PPA, Texas, North America, Nucor Corporation, Leon Topalian, Ryan Pfaff
Pivot Power, Wartsila group reveal 100MW UK storage duo
Pivot Power, part of EDF Renewables, has actually introduced a take care of modern technology company Wartsila to deliver 2 new grid-scale battery storage space
Jul 21, 2021 // Storage, UK, Europe, Pivot Power, Wartsila group
Standard Solar buys PV array for microfiltration treatment plant
Lawsbrook solar setup with 4 MWh of storage, which was again established by EDF Renewables. Standard Solar presently owns and runs nearly 20 MW of clean power in
Apr 26, 2023 // Markets & Finance News, USA, North America, Standard Solar, PV Power Plant, Knox Solar + Storage project
Funding Secured for Abu Dhabi's 1.5-GW Solar Project
EDF Renewables, Korea Western Power Co. (KOWEPO), and Masdar have successfully secured financial closure for the 1.5-GW Al Ajban solar project in Abu Dhabi's Al Khazna area. This achievement follows the acquisition of debt financing from a consortium of six banks, including BNP Paribas, Credit Agricole CIB, and HSBC Middle East. The project aims to provide electricity to approximately 160,000 homes and features three million bifacial photovoltaic panels mounted on single-axis trackers.The Al Ajban solar complex, located about 70 kilometers northeast of Abu Dhabi, is expected to begin commercial operations in the third quarter of 2026. The energy generated will be supplied to the utility EWEC under a 30-year power purchase agreement. The ownership of the project is split between the partners, with EDF and KOWEPO each holding 20% and Masdar holding 60%, following their successful bid in April to build and operate the solar facility. What are the key details and implications of the Al Ajban solar project? Key Details and Implications of the Al Ajban Solar Project- Location: The Al Ajban solar project is situated in the Al Khazna area, approximately 70 kilometers northeast of Abu Dhabi, highlighting the UAE's commitment to utilizing its vast desert areas for renewable energy generation.- Capacity: This project boasts a substantial capacity of 1.5 gigawatts (GW), making it one of the largest solar power initiatives in the region.- Technology: The solar complex will utilize three million bifacial photovoltaic (PV) panels. Bifacial technology enhances efficiency as these panels can capture sunlight from both sides, benefiting from reflected sunlight from the ground.- Tracking System: The panels will be mounted on single-axis trackers, allowing them to follow the sun's path throughout the day and further increasing energy output.- Electricity Supply: The energy produced will supply electricity to approximately 160,000 homes, significantly contributing to the UAE’s goal of increasing energy access and sustainability.- Power Purchase Agreement: The project has secured a 30-year power purchase agreement (PPA) with the Emirates Water and Electricity Company (EWEC), ensuring long-term revenue stability and support for infrastructure costs.- Financial Structure: Financial closure was achieved through a consortium of six banks, including major players such as BNP Paribas, Credit Agricole CIB, and HSBC Middle East, signaling strong investor confidence in renewable energy projects in the region.- Ownership Stake: The ownership distribution entails EDF Renewables and Korea Western Power Co. (KOWEPO) each holding 20% of the project, while Masdar holds a majority stake of 60%, showcasing collaborative international efforts in the renewable sector.- Environmental Impact: The project is part of the UAE's larger strategic initiative to diversify its energy mix and reduce reliance on fossil fuels, aligning with its sustainability goals and climate commitments.- Job Creation and Economic Development: The construction and operation of the Al Ajban solar project are expected to create jobs and foster economic growth in the region, both during the building phase and in ongoing maintenance and operation.- Timeline: Commercial operations are anticipated to commence in the third quarter of 2026, marking a significant milestone in the UAE's renewable energy timeline.- Future Implications: Successful completion and operation of the Al Ajban solar project could set a precedent for future investments in solar energy across the Middle East and beyond, paving the way for a transition to more sustainable energy systems globally.
Sep 18, 2024 // Plants, Large-Scale, Commercial, Masdar, EDF Renewables, PV Power Plant, KOWEPO
RES gets green light to establish France's 'biggest' floating solar project
of its kind when it was completed in 2019. Work is likewise now in progress by EDF Renewables to build a 20MW floating project that will certainly be colocated with the
Sep 29, 2021 // Plants, Large-Scale, Commercial, Floating PV, France, floating PV, Europe, res, RES Group
Nevada waves through 1.19GW/590MW solar-plus-storage hybrid
a 200MW PV project with a 75MW five-hour battery system being developed by EDF Renewables North America; a 300MW solar array, including a 135MW four-hour battery
Dec 6, 2019 // Plants, Large-Scale, Commercial, Storage, USA, EDF, Nevada, North America, 8minutenergy, 8minute Solar Energy, nv energy, arevia power, quinbrook infrastructure partners
Canada’s Solar Provider Group enters Brazilian PV with US$250m push
Enel, Spain’s Enerside, the UK's Lightsource BP and France’s EDF Renewables all have utility-scale projects in the country. Brazil’s president Jair
Jan 6, 2020 // Markets & Finance News, South america, Latin america, Brazil, Solar Provider Group, spg
Macquarie's GIG purchases United States eco-friendly platform with 6-GW pipeline
Macquarie Asset Management's Green Investment Group (GIG) has invested in US greenfield renewable energy platform Galehead Development, thus gaining access to a 6-GW project pipe.
Jul 19, 2022 // Markets & Finance News, USA, North America, macquarie, GIG, Galehead Development
Solar companies unite to launch variety and addition effort
participants include Capital Dynamics, Cypress Creek Renewables, EDF Renewables, Generate Capital, Mosaic, Nautilus Solar Energy, New Columbia Solar,
Oct 13, 2020 // Markets & Finance News, Capital Dynamics, USA, SEIA, nautilus, Cypress Creek Renewables, Mosaic, North America, Nextracker, sol systems, EDF Renewables, corporate social responsibility, renewables forward, generate capital, new columbia solar, volt energy, Gilbert Campbell