Author: Anela Dokso

Florida Power & Light Company (FPL) informed that five new solar energy centers have started powering customers with clean energy. These new sites, each of which is about 500 acres, add another 1.4 million solar panels to the state and support FPL SolarTogether – the company’s popular community solar program, which launched earlier this year as the largest of its kind in the United States. Three of the solar energy centers are the first to be installed in their respective counties: Nassau, St. Johns and Union counties. Two other solar energy centers in Baker and Okeechobee counties will be the second…

Vestas has received a 504 MW order for an undisclosed project in Colombia. The contract includes the supply and installation of 90 V162-5.6 MW EnVentus wind turbines, as well as a 15-year Active Output Management 5000 (AOM 5000) service agreement. This will be the first project to feature turbines from the EnVentus platform in Latin America and it takes the global order intake for the platform past 2 GW. With a swept area of over 20,000m2, the V162-5.6 MW applies the largest rotor size in the Vestas portfolio to achieve industry-leading energy production paired with a high capacity factor. “The…

Adani Renewable Energy Holding Eight Limited (AREHEightL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has received the Letter of Award (LOA) to set-up 600 MW Wind-Solar Hybrid Power Project. AREHEightL participated in a tender issued by the Solar Energy Corporation of India (SECI) for setting up 1,200 MW ISTS-connected Wind-Solar Hybrid Power Project. The fixed tariff for this project capacity is Rs. 2.41/ kWh for a period of 25 years. The project is expected to be commissioned in 18 months from the effective date of PPA. With this project, total renewable energy project capacity of AGEL now stands…

Energy News team wishes you a happy and prosperous new year!

Innergex Renewable Energy has closed a construction financing and tax equity commitment for its Griffin Trail project, a 225 MW wind facility located in Knox and Baylor Counties, in north-west Texas. The $276.2 million financing has been arranged with Sumitomo Mitsui Banking Corporation acting as coordinating lead arranger, and CIBC acting as joint lead arranger, backed by a $171.4 million tax equity commitment from Wells Fargo to be provided upon the commercial operation date. “It was only a few months ago, when the U.S. Production Tax Credits deadlines were extended, that we knew we were in a strong position to…

Vestas has secured a 90 MW order from new customer Ålandsbanken for the Murtomaki wind project. The project comprises 15 V162-6.0 MW turbines maximizing the yield under the permitted tip height and a 30-year Active Output Management 5000 (AOM 5000) service agreement. Winning the second deal with the upgraded V162-6.0 MW wind turbines, Vestas reinforces its presence in Finland’s wind market and surpasses 600 MW in orders of EnVentus turbines in the country. “Murtomäki wind farm with Vestas turbines is the first investment of the newly established Wind Power Fund of Ålandsbanken. We would like to thank the Vestas team…

Anna-Karin Stenberg has been appointed as new senior vice president and head of Business Area Markets and member of Vattenfall’s Executive Group Management (EGM) as of 1 January 2021. She has already filled this position in an acting role since end of March this year, in addition to her role as head of Controlling for Business Area Markets. “Anna-Karin has been acting Head of Markets during this challenging year for Vattenfall with a difficult market situation, remote working, and the need to take care of our people while keeping operations running. Together with the management team, she has shown a…

US Solar Fund has executed binding agreements to acquire up to a 50% interest in a 200MWDC operating solar plant located in the Imperial Valley of Southern California, Mount Signal 2, for a total price of between $44 million and $46 million. The transaction is structured in two tranches. Tranche One comprises an immediate acquisition of an initial 25% interest for a fixed price of $23 million and is expected to be completed during the first quarter of 2021, subject to customary third-party consents. Tranche Two consists of an option for USF to acquire a further 25% interest for $22…

Gruppo FERA, through its subsidiary Aleramo, has placed a 20 MW order with Vestas for the Cairo Montenotte wind project, located in Cascinassa, Liguria, in northern Italy. Vestas will supply, transport, install and commission five V136-4.2 MW wind turbines delivered in 4.0 operating mode, as well as an 18-years Active Output Management 5000 (AOM 5000) service agreement. “We are very excited about our partnership with Gruppo FERA. This project will showcase how Vestas’ new generation of wind turbines can reach mountainous areas. It breaks new grounds for the development of wind energy in Italy and it can represent a significant…

7C Solarparken has invested in three solar assets across Germany for a total volume of 17 MWp. Firstly a combined installation of trackers and fixed tilt with 0.7 MWp capacity on a former military site in Morbach, enjoying an average feed-in tariff of €342/MWh. The second and third project have just been commissioned by IBC Solar in the municipalities of Dennheritz (10 MWp) and Burgwindheim (6 MWp) with a respective tariff of €72/MWh and €57/MWh. Modules were sourced from Jinko Solar and URE Solar (formerly Neo Solar Power). All deals were financed for 100% through equity totalling an amount of…