CleanTech Report April 22d 2021 |
NORTH AMERICAAmazon Signs Deal To Build Alberta Solar Project The world’s biggest corporate buyer of green power said the 80 MW project in Newell County — one of nine projects it announced Monday — will help slash the company’s carbon footprint by delivering over 195,000 megawatt-hours of renewable energy to the grid once completed in 2023. CleanCapital Secures $300 Million Investment And Acquires 63 Megawatts Of Operating Solar Projects CleanCapital, a leading clean energy investment platform and one of the largest owner-operators of distributed solar assets in the United States, announced today a corporate investment from Manulife Investment Management to grow its portfolio of clean energy assets. 100 GWh Of Long Duration Energy Storage From MIT A very large-scale long duration energy storage (LDES) idea from MIT envisages a 1 kilometer-long, 60 meter-wide lidded central storage container of rocks sunk 20 meters down into the ground – about the size of 10 football fields if they were laid end to end. |
LATIN AMERICABrazilian Renewable Energy Sector Offers Opportunities For Saudis A new report by the Arab-Brazilian Chamber of Commerce (ABCC) revealed several opportunities for Saudi investors looking to break into the Brazilian market by investing in key sectors. Anglo American To Run South America Mines 100% On Renewables Anglo American has signed a deal to run its Quellaveco copper mine in Peru 100% on renewables, effectively allowing the miner to deliver on its promise of powering all of its Latin American operations by green energy by 2022. Uruguay’s Remarkable Shift To Renewables Offers A Blueprint For Energy Progress Until 2007, Uruguay was strapped for energy resources that forced it to rely on importing energy from South American neighbors. That has changed. Today, 98 percent of the country’s power is delivered reliably and affordably from renewable sources. |
EUROPECIP Closes EUR 7 Billion Renewable Energy Investment Fund Copenhagen Infrastructure Partners (CIP) held a final close on its global greenfield renewables energy fund, Copenhagen Infrastructure IV (CI IV), one year after the start of fundraising. The fund was oversubscribed and closed at the hard cap of EUR 7 billion having reached the target fund size of EUR 5.5 billion back in December 2020. IKEA Owner Sets Aside $5 Billion For Green Power Projects Ingka Group, the owner of most IKEA stores, has earmarked 4 billion euros ($4.8 billion) to invest in wind and solar projects, electric vehicle charging points and other green energy projects by 2030. Amazon Becomes Europe’s Largest Corporate Buyer of Renewable Energy Amazon today announced nine new utility-scale wind and solar energy projects in the U.S., Canada, Spain, Sweden, and the UK. The company now has 206 renewable energy projects globally, including 71 utility-scale wind and solar projects and 135 solar rooftops on facilities and stores worldwide, which will generate 8.5 GW of electricity production capacity globally. |
ASIAThailand Floats Hydro-Solar Projects For Its Dams As Fossil Fuel Supplement Thailand is close to completing one the world’s biggest floating hydro-solar hybrid projects on the surface of a dam, a step toward boosting renewable energy production after years of criticism for reliance on fossil fuels. China To Bring Solar And Wind Power Generation To 11% Of Total Electricity Use In 2021 China will seek to raise its power generation from solar and wind plants to around 11% of the country’s total power consumption in 2021, from 9.7% in 2020, said the National Energy Administration (NEA) in a draft rule on Monday. Indonesian Coal Miner Adaro Energy Looks To Renewables Major Indonesian coal miner Adaro Energy aims to enter the renewable energy sector this year, CEO Garibaldi Thohir said on Monday, calling biomass, hydrogen and solar power the company’s top options. |
MENAPPAs Signed For Seven Solar Power Projects In Saudi Arabia Saudi Arabia has announced the signing of power purchase agreements (PPAs) for seven solar photovoltaic projects with a total capacity of 2,970MW in the latest batch of projects under its National Renewable Energy Programme. Morocco To Attract Foreign Renewable Energy Investment More than 260 industrial projects have been supplied with new energy during the last three years in Morocco, Asharq Business reported, citing Energy Minister Aziz Rabbah. Alfanar Eyes Sale Of Majority Stake In India Assets Saudi Arabia’s Alfanar Group is looking to sell a controlling stake in its 600-megawatt (MW) wind power assets portfolio in India for around $300 million, said two people aware of the development, requesting anonymity. |
AFRICAESG Investing In Sub-Saharan Africa Is Tied to Sustainable Development The approach to ESG investing in sub-Saharan Africa is closely linked to longer-term sustainable development benchmarks, Fitch Ratings says in a new report. This shapes how borrowers in the region frame sustainable investment opportunities and which types of issuers source financing through the international capital markets. Sasol And Air Liquide Invite Bidders For The Supply Of Renewable Energy Sasol has set a greenhouse gas (GHG) target for their South African operations to reduce emissions by at least 10%, off a 2017 baseline, by 2030. The introduction of renewable energy will be a significant contributor to the company’s decarbonisation efforts. BBE To Acquire Assets Of Solar Energy Provider Solarcentury BB Energy, a London based oil and gas trader, announces the acquisition of Solarcentury Africa, the subsidiary of solar energy provider Solarcentury. Through this transaction, BBE is targeting the dynamic solar energy market for commercial and industrial (C&I) customers in Africa. |
AUSTRALIAAustralia’s Top Dairy Processor Signs 10-Year Renewable Power Purchasing Deal Australia’s largest dairy processor, Saputo Dairy Australia, has signed a 10 year power purchasing agreement with French-owned power company Engie to reduce its emissions through renewably sourced electricity.
Solar And Wind Are Leading Fastest Energy Transition The World Has Seen In 2020, new solar photovoltaics (PV) and wind capacity comprised 75% of global net new generation capacity according to the International Renewable Energy Agency.
Total Joins 8GW Australian Green Hydrogen Study Total Eren has agreed to work with an Australian mining company to explore the potential for a green hydrogen plant in Western Australia powered by 8GW of wind and solar capacity. |
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