Enel Green Power North America, a subsidiary of Enel S.p.A., concludes a $271 million deal with ORMAT Technologies Inc. for a US renewable asset portfolio. The sale encompasses EGPNA’s entire geothermal portfolio and small solar plants, totaling approximately 150 MW. The transaction, now closed, is impact Enel’s net debt positively by €250M but reduce reported…
Sungrow supplied its inverter solutions to an 800kW solar project with Metro Ligero Oeste, a Spanish public transport operator, serving over 200,000 inhabitants, covering 22.4 km of tracks with 28 stations. The solar project, located in Pozuelo de Alarcón, Madrid, involved the installation of six units of Sungrow’s SG110CX and two units of the SG50CX….
Copenhagen Infrastructure Partners’s Energy Transition Fund I secures full ownership of Soltec’s Danish solar portfolio, aiming to power former’s Danish Power-to-X projects. The diverse portfolio spans Denmark, primarily in Jutland, with a collective potential capacity of nearly 850 MW. Power-to-X projects use clean energy to power ammonia or hydrogen or E-methanol, such as Fjord eSAF…
Shanghai Electric’s first large-scale UK storage project REP1&2 and its Fiskerton II-A solar project in the country are now operational, marking significant milestones in clean energy deployment. The Fiskerton II-A project in Lincolnshire is part of eight solar projects and marks Shanghai Electric’s first overseas project, handling investment, financing, construction, grid connection, and operation.
Jinko Technology achieves a milestone with 1 GW cumulative grid-connected household photovoltaic capacity as of December 27, 2023. The rapid growth, seen in “Operation Muguang” across 20 provinces, involves 50,000 Multifamily units. The new “Jingnengbao” aims to be a leading global household photovoltaic system service platform, integrating solar power into daily lives. Leveraging online platforms…
The European Investment Bank (EIB) has committed €400 million to support MYTILINEOS Energy and Metals’ ambitious renewable energy plans, aiming to add 2.6 GW of solar PV and battery storage capacity across Europe by 2027. The project with investment of total €2.5 billion focuses on less developed regions to support equitable growth and green transition.
NLC India seeks bids for engineering, procurement, and construction of 100 MW solar projects nationwide. Bid submission deadline is on January 18, 2024 with bid security of ₹24.63 million and tender document costing 20,000Rs. Project is to be completed in 15 months, followed by 3-year operation and maintenance. 5% project value is to be submitted…
Solarpack is constructing Peru’s largest solar plant, the San Martin project in the La Joya district, with nearly 300 MW capacity. Kallpa Generación secures a long-term agreement for the Arequipa plant’s entire energy output. San Martín will annually generate 830 GWh, powering over 440,000 homes and preventing 564,000 tons of CO2 emissions. The plant is…
Globeleq completes acquisition of 52.5% and 22.5% stakes in 41 MW Central Solar de Mocuba plant in Mozambique from Scatec ASA and KLP Norfund. Electricidade de Moçambique retains the remaining 25% stake. The move expands Globeleq’s renewable energy presence in Mozambique, adding to its growing solar PV portfolio in Africa, totaling close to 400 MW…
China Three Gorges Corporation’s Qinghai Qingyu DC Phase II, a massive 900 MW PV venture in Gonghe County, Qinghai, is now operational. Located at 3,000 meters on the Qinghai-Tibet Plateau, the project spans 23,131 acres, utilizing flat single-axis tracking tech for an 11% efficiency boost. This initiative generates 2.1 billion kWh annually, cutting 1.74 million…
