CleanTech Report 2021.04.01

Global solar PV installations to increase 27% to record 181 GW this year.
India’s Greenko plans $4.8 billion in solar-wind project support by hydro storage.
Abu Dhabi National Energy Co plans to invest $11 billion in power infrastructure.
African Development Bank puts $530 million into region’s renewable energy.
Renewable Power Capital to develop 3.4 GW in Spain.
Dubai to develop $1.1 billion energy from waste facility.

CleanTech Report April 1st 2021

NORTH AMERICA

New Global Solar PV Installations To Increase 27% To Record 181 GW This Year

Reuters

Global solar photovoltaic installations are expected to grow by 27% this year to a record 181 gigawatts (GW), led by China, the United States and India, a report by data provider IHS Markit showed on Monday.

 

260 MW Brazoria West Solar Project In Texas Acquired By S&B USA

Renewable Energy World

S&B USA (previously Shikun and Binui America) has signed a definitive agreement to acquire 100% of Brazoria West Solar Project with 260 megawatts (MWdc) (200 MWac) of planned solar energy capacity from Savion, part of Macquarie’s Green Investment Group.

 

Facebook And General Motors Sign Up For Kentucky Solar

PV Magazine

The Logan County project will include 173 MW of solar and a 30 MW/120 MWh battery system, which TVA said will help increase grid resilience.

 

LATIN AMERICA

Acciona Eyeing Multiple PPP Opportunities In Brazil

BN Americas

Acciona last year took over construction of São Paulo’s metro line No. 6, Latin America’s largest PPP in terms of investment at 15bn reais. In October, the company restarted construction of the line. The project involves a 15.3 km stretch and supplying 23 trains, as well as operating, maintaining and extending the line.


Colombia’s Celsia To Invest $947 Million In Projects That Include Solar Energy

Reuters

Colombian power company Celsia will invest some 3.4 trillion pesos ($947 million) this year as it focuses on expanding its solar energy capacity, as well as in gas generation, among other projects, company directors said on Wednesday.


Peru Energy Watch: Solar Concession, Gas Distribution Plan

BN Americas

Peru’s energy and mines ministry has granted Enel Green Power Perú (EGGP) a definitive renewable energy resources concession for the 116.45MW Clemesí solar project in the southern region of Moquegua.

 

EUROPE

Renewable Power Capital Enters Venture To Develop 3.4 GW Of Spanish Solar

Market Screener

Renewable Power Capital (RPC), a renewable energy investment platform backed by the Canada Pension Plan Investment Board, said it had entered a venture to develop 3.4 gigawatts (GW) of solar energy projects in Spain.


Italy’s Saras Plans To Spin Off Renewable Energy Business

Reuters

Italian refiner Saras plans to spin off its renewable energy business and bring on board a partner to help fund future development, company managers said on Tuesday.


SolarPower Europe, EIT InnoEnergy Launch European Solar Initiative

New Europe

SolarPower Europe and EIT InnoEnergy launched on February 23 the European Solar Initiative (ESI), with the support of EU Energy Commissioner Kadri Simson, EU Internal Market Commissioner Thierry Breton, and French Minister Delegate for Industry Agnès Pannier-Runacher.

 

ASIA

Tata Power Bags Orders To Develop 60 MW Solar Project In Gujarat

Money Control

The company has received a letter of award from Gujarat Urja Vikas Nigam Limited (GUVNL) on March 26, 2021, to develop a 60 MW solar project in the state of Gujarat, Tata Power said in a regulatory filing.


India’s Greenko Plans $4.8 Billion USD Pumped Storage Project

Clean Technica

According to media reports, Greenko plans to invest US$4.3 billion to set up a solar-wind hybrid project supported by pumped hydro storage in the northern state of Rajasthan. The project is likely to be completed by 2024 and will be the world’s largest renewable energy asset, the company claimed.


Actis To Invest $850 Million In Two Green Energy Platforms In India

Money Control

Private equity (PE) firm Actis plans to invest $850 million to build two green energy platforms in India – one for its grid-connected solar and wind power parks and another for its commercial and industrial (C&I) segment in the country.

 

MENA

Dubai To Develop $1.1 Billion Energy From Waste Facility

Reuters

Dubai Holding, the investment vehicle of Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum, said on Monday it had partnered with five firms to develop a 4 billion dirham ($1.1 billion) energy-from-waste facility.


Saudi Arabia’s Planned Megacity, NEOM, Includes A $5 Billion USD Investment In Green Hydrogen

The Millenial Source

As the global community confronts the worsening threat of climate change, countries are spending trillions to develop renewable energies. There is perhaps no greater indication that renewables are the future of the energy industry than the fact that Saudi Arabia, the world’s leading crude oil exporter, is investing US$5 billion in green hydrogen.


TAQA Plans To Invest $11 Billion In Power Infrastructure

ZAWYA

Abu Dhabi National Energy Co (TAQA) plans to invest 40 billion dirhams ($11 billion) by 2030 in its power infrastructure and become a champion of low carbon power and water desalination.

 

AFRICA

AfDB Puts $530 Million USD Into Region’s Renewable Energy

Southern Times

The African Development Bank (AfDB) has committed US$530m to construction of a 343km, 400kV transmission line in Angola that will carry clean energy to Namibia and throughout the SADC region.


USTDA Grants Access To Electricity Via Solar Mini-grids

Afrik21

The US Trade and Development Agency (USTDA) has awarded a grant to Renewable Energy Innovators Cameroon (REIc) and SimpliPhi Power. The two companies will use the funding to carry out feasibility studies for a project to electrify 100,000 rural households via solar mini-grids.


Sustainable Funding Drives Renewable Developments In South Africa

Africa Oil&Power

Africa Oil & Power spoke with Nedbank CIB’s Amith Singh, Head of Energy; Mike Peo, Head of Infrastructure, Energy and Telecommunications; and Lize Mari Matthews, Associate Energy Finance, about the company’s role in financing South Africa’s renewable energy sector and the value of sustainable investments, following the launch of the fifth bidding window of the Renewable Energy Independent Power Producer Procurement (REIPPP) Program earlier this month.

 

AUSTRALIA

Small-scale Solar Becomes Second Biggest Player In Australia’s Renewable Energy Mix

PV Magazine

Renewable energy generation has almost doubled in the last five years and now accounts for over a quarter of Australia’s electricity supply, increasing from 14.6% in 2015 to 27.7% in 2020, the Clean Energy Australia report published by industry peak body the Clean Energy Council has found.

 

Renewables Plus Batteries Offer Australia The Same Energy Security As Coal

The Guardian

The research, commissioned by the Australia Institute thinktank and released on Monday, found clean technologies provided the fast frequency response service and voltage control needed to secure the energy grid and reduce cost. But the report says regulatory barriers currently limit the ability of renewable energy and batteries to provide system security.

 

Objections to 350 MW Culcairn Solar Farm overcome

PV Magazine

NSW is growing its renewable energy pipeline at pace. Many sun-drenched regions are understandably worried that their landscapes could be “de-natured” by the march of large-scale solar. The Independent Planning Commission process helps to bring the state’s needs in line with community concerns.

 

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