Power
Green Investment Group and Enso Energy form joint venture to develop large UK solar and battery portfolio
Macquarie’s Green Investment Group (GIG) and Enso Energy have announced they are working together in a UK solar development joint venture. The partnership was established with the aim to create one of the UK’s largest subsidy-free solar and battery storage portfolios, which will deliver clean energy to communities and businesses across the country. GIG and Enso have identified an ambitious pipeline of projects which are currently in development and represent an initial 1 GW of capacity.
Masdar wins Uzbekistan solar tenders
The Ministry of Energy of the Republic of Uzbekistan has large ambitions with solar power. It has a broad program to construct solar PV plants with a total capacity of 1 gigawatt (GW).
First floating solar plant in Albania starts commercial operations
Statkraft, Europe’s largest renewable energy generator, in cooperation with Norwegian supplier Ocean Sun has started commercial operations at the first unit of its floating solar project in Albania, further contributing to the country’s renewable energy journey.
bp boosts its renewables business in the US with 9GW solar acquisition to be developed by Lightsource bp
bp reached an agreement today to purchase 9GW of solar development projects in the US from independent US solar developer 7X Energy. The acquisition represents a significant step towards bp’s target of growing its net developed renewable generating capacity to 20GW by 2025 and aim to increase this to 50GW by 2030. The deal will also grow bp’s renewables pipeline from 14GW to 23GW. These assets will be developed through bp’s 50-50 solar joint venture Lightsource bp, a global leader in solar energy, applying Lightsource bp’s capabilities to accelerate bp’s renewables targets.
Ministry of Energy awards tender for construction of 457 MW solar energy plant
The Ministry of Energy of Uzbekistan is pleased to announce the Winning Bidder of the tender for the construction of a 457 MW solar photovoltaic (PV) plant, in the Sherabad district of the Surkhandarya region, has been awarded to Abu Dhabi Future Energy Company PJSC (Masdar). The President of Uzbekistan Shavkat Mirziyoyev formally launched the implementation phase of the project on a visit to the site on 1 June 2021.
AlpinSolar: construction starts on largest alpine solar plant in Switzerland
Over the next four months, Axpo and IWB will build the largest alpine solar plant in Switzerland at the Muttsee dam. Following construction approval from the local municipality of Glarus Süd, the first components were transported to the dam yesterday. AlpinSolar will generate 3.3 million kilowatt hours of electricity annually, half of which will be in the winter months. Supermarket chain Denner has concluded a 20-year power purchase agreement for the electricity produced by the plant.
ACWA Power leads South Africa's largest renewable energy project Redstone CSP to financial close
ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants in 13 countries and the lead shareholder in the Redstone concentrated solar power (CSP) plant, announced the commencement of construction on the 100 MW Redstone project following achievement of financial close. At ZAR 11.6 billion total investment, the Redstone project is the largest renewable energy investment in South Africa to date.
Atlas Renewable Energy executes its second finance project in Brazil
Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be developed in Brazil that will provide clean energy to Anglo American’s operations in Minas Gerais.
Xcel Energy to build Minnesota’s largest solar project
Xcel Energy has proposed to build Minnesota’s largest solar energy project near the Sherco power plant in Becker, Minn. The 460-megawatt Sherco Solar project will provide carbon-free energy as Xcel Energy pursues its vision of delivering 100% carbon-free electricity by 2050. The project, representing an investment of about $575 million in clean energy infrastructure, will help drive the economic recovery from the COVID-19 pandemic by creating nearly 900 union construction jobs over the duration of the project.
We Energies and Wisconsin Public Service announce another large-scale renewable energy project
We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, are advancing plans for a new 325-megawatt (MW) solar and battery storage project. The Darien Solar Energy Center is the company's second proposed large-scale solar and battery project announced this year.
What technology is shaping the solar markets?
The Global Energy Infrastructure solar database is dominated by two types of technology: Concentrated Solar Power (CSP) and Photovoltaic (PV).
Yellow Hydrogen: A Carbon Free Method of Developing More Cost-Effective Hydrogen
In the hydrogen industry blue and green hydrogen get most of the press. They are seen as the two best methods of developing hydrogen while lowering carbon emissions. Blue hydrogen is the more economic choice for the near term while green is the long-term choice with the expectation that costs will be driven down through government incentives and economies of scale. But there are other methods of developing carbon free hydrogen today with lower costs. Nuclear facilities around the world are already generating large amounts of clean electricity and heat.
Exxon Mobil eyes LNG-to-power projects in Vietnam
Exxon Mobil Corp is exploring the possibility of investing in new projects to develop LNG-to-power plants in Vietnam, the Southeast Asian government said. Exxon Mobil has long been engaged in the development of the Blue Whale gas field in Vietnam, but no new progress on that has been seen in recent years.
- Motiva Ceases Plans for Multibillion Dollar Petrochemical Expansion in Texas
- PBF Energy Progresses Renewable Project in Louisiana
- PTTGC and Cargill Begin Planning Biopolymer Plant in Thailand
- Shut in Wyoming Refinery to Return as Renewables Plant
- SABIC and FJPEC Agree to Construct Petrochemical Complex in Zhangzhou, China
