CleanTech Report March 25th 2021 |
NORTH AMERICAArcadia Steps In To Texas’ Startup Energy Market With The Acquisition Of Real Simple Energy The company is buying Real Simple Energy, which not only marks the company’s availability in all 50 states, but gives Real Simple Energy customers access to both wind and solar power generating projects. The company said it will leverage Real Simple Energy’s platform and expertise to secure the best rates for members, monitor for better savings, and provide a smarter yet simpler energy experience. Apple’s $4.7 Billion Green Bond Spend Is Helping To Create 1.2 Gigawatts Of Clean Power Apple’s newly completed renewable projects, part of the company’s planned $4.7 billion Green Bond spend, are bringing clean energy to local communities while reducing carbon emissions. In 2020, Apple funded 17 Green Bond projects that will avoid an average of 921,000 metric tons of carbon emissions annually, which is equivalent to removing nearly 200,000 cars from the road. $98 Million Solar Farm Pitched In Louisiana A $98 million solar farm in Morehouse Parish is looking for tax breaks for manufacturing renewable power, The Advocate reports. This information came from an advance notification filed with Louisiana’s economic development office. |
LATIN AMERICASoltage And Harrison Street Announce $250 Million Commitment For Solar And Clean Energy Infrastructure Today, Soltage LLC, a leading independent power producer and Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, announced a $250 million partnership to fund solar and other clean energy infrastructure assets developed by Soltage. LatAm-Focused EnfraGen Buys Solar Projects And Plants In Chile EnfraGen LLC, a developer, owner and operator of grid stability and renewable energy infrastructure businesses in Latin America, on Thursday announced that it has purchased several solar projects and plants in Chile. Brazil’s Susten Energia Acquires 10 MW Of Solar Power Brazilian renewable energy company Susten Energia has recently acquired a photovoltaic (PV) park portfolio of 10 MW in Minas Gerais state. |
EUROPEScatec To Invest $11.8 Billion In Renewable Energy In The Next 4 Years Norwegian renewable energy producer Scatec plans to invest 100 billion Norwegian crowns ($11.8 billion) by the end of 2025 in a drive to increase output capacity fivefold, the company said on Tuesday. Eolus To Enter Poland – One Of Europe’s Most Fast-Growing Markets For Renewable Energy Eolus is establishing operations in Poland, which is a fast-growing market when it comes to renewable energy. The market entry is based on the company’s strategy for growth. Currently Poland is one of the European countries most dependent on fossil-based electricity production, which provides great business opportunities for an experienced project developer like Eolus. Norway’s Statkraft Proposes Three Solar Farms In Britain Norwegian renewable energy generator Statkraft aims to develop three solar power farms with a combined capacity of 125.5 megawatt (MW) in Britain, it said on Tuesday. |
ASIAChina To Inspect Renewable Power Consumption To Improve Offtake China’s energy administration, as part of a drive to reduce greenhouse gas emissions, will inspect renewable power consumption across the country, with the goal of reducing power wastage from non-fossil fuel sources. Greenko Raises $940 Million Through Latest Bond Issue Greenko Energy Holdings has raised $940 million for refinancing through its latest bond issue that closed on Monday, with the demand for Moody’s Investors Service’ BA1 rated bond being over $2.5 billion. Adani Green Energy Raises $1.35 Billion In One Of Asia’s Largest Project Financing Deals Adani Green Energy Limited (AGEL) raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of leading international lenders. The revolving project finance facility would initially finance the 1.69 GW hybrid portfolio of solar and wind renewable projects to be setup in four SPVs in the state of Rajasthan, India. |
MENAThe Promising Future Of Decentralized Solar PV In The MENA Region Commercial & Industrial (C&I) solar PV users consume a significant amount of energy in the MENA region. In these markets, the residential sector accounts for 41% of the total power demand, followed by the industrial and commercial sectors at 21% and 20%, respectively. The remaining 18% represents other sectors, such as agriculture and transport, as well as network losses. UAE’s Ministry Targets 40% Efficiency In Energy Consuming Sectors The UAE is to increase the efficiency of the three most energy-consuming sectors (transport, industry and construction) by 40 per cent, Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure has said. Middle East Energy Dubai Generates Over $4.9 Billion Of Business In 2020 A three-day live and in-person physical event promoting face-to-face meetings will allow visitors to safely conduct business. |
AFRICASouth Africa Opens 2.6 GW Renewables Tender South Africa has a launched a request for proposals for 2600MW of new renewable energy projects from independent power producers (IPP). Batteries Will Enable Large-Scale Dispatchable Renewable Energy On South Africa’s Grid After a recent tender process, up to 1,300MWh of grid-connected energy storage will be deployed in combination with renewable energy in South Africa through a number of large-scale projects. South Africa Launches Request For Proposals For 1 GW Of Solar PV The South African government has launched its latest renewables procurement round under its Renewable Energy IPP Procurement Programme (REIPPPP), which is to procure 1GW of solar PV. |
AUSTRALIAWork Begins On 720 MW / 400 MWh Solar+Storage Project In Australia Renewable energy developer UPC\AC Renewables Australia confirmed work has commenced on the first stage of its massive $768 million hybrid solar and battery project in New South Wales’ New England region.
New Report Identifies Digitalization As Renewable Energy Driver The report shows there was an unexpected surge in renewable energy growth globally in 2020 with wind and solar power generation rising to record levels. This expansion is forecast to continue in 2021 with the International Energy Agency (IEA) projecting a 10% increase in renewable capacity additions to almost 218 GW globally.
Green Surge Drives True Infrastructure $500 Million Raising A surge of momentum in the global shift towards net zero emissions combined with investor appetite for investments with no correlation to GDP in COVID-19-hit economies is behind a targeted $500 million raising by TRUE Infrastructure in a significant scaling-up of its infrastructure fund aimed at wealthy individuals.
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