Author: Arnes Biogradlija

Canadian Solar has closed the Japan Green Infrastructure Fund (JGIF). Canadian Solar will partner with Macquarie Advisory & Capital Solutions (Macquarie). Macquarie is both the financial advisor and a minority investor in the Fund. Japan Green Infrastructure Fund’s (JGIF) mission is to accelerate the development of new projects in Japan with clear monetization strategies, and expects to grant first offer rights to the Canadian Solar Infrastructure Fund (CSIF), a Japanese-listed infrastructure fund holding operating solar assets managed by Canadian Solar’s asset management subsidiary. The Fund marks Canadian Solar’s first platform entry into the private institutional capital pool. Together with Macquarie…

A2A and Octopus Renewables have signed a binding agreement for the acquisition of a portfolio of 17 photovoltaic plants with a rated power of 173 MW. The cash consideration paid for the portfolio is €205 million correspondent to an equity IRR of approximately 6%. “This operation represents the first relevant investment in the direction mapped by the new Business Plan presented at the end of January. With the acquisition of these 17 plants, we consolidate our position as the second largest operator in renewables by installed capacity in Italy and increase the amount of green energy available to customers”.Renato Mazzoncini…

Enel Green Power and Saras have signed a memorandum of intent to develop a green hydrogen project in Sardinia. The solution being studied involves using a 20 MW electrolyzer powered by renewable energy produced onsite to provide green hydrogen to be used as a raw material in the Saras refinery at the Sarroch industrial site in the province of Cagliari. “The signing of this memorandum of intent, confirms the Enel Group’s commitment to promoting the development of green hydrogen in Italy and worldwide, accelerating the energy transition. We are constantly seeking partnerships to identify the best applications for this technology,…

Synkero plans to develop a commercial plant for the production of sustainable aviation fuel (SAF). This so-called “e-fuel” will be produced using green hydrogen and CO2. This green hydrogen is produced from water and renewable energy. The factory will be located in the Port of Amsterdam, and is scheduled to be completed in 2027. Several technologies currently exist to produce SAF. One of these technologies is the synthetic route. As a feedstock, this ‘e-fuel’ uses CO2 from unavoidable industrial processes or the air directly. The CO2 is then converted to SAF through a chemical process in combination with green hydrogen.…

Voltalia has started the construction of 99.4-megawatt wind project at its new Canudos cluster, which has a 1 gigawatt potential. The Canudos 1 project is a wind farm of 99.4 megawatts, increasing from the 90 megawatts announced in December 2019. The long-term power sale agreement, for a duration of 20 years, was signed with Brazilian utilities Cemig. “After developing Serra Branca, the world’s largest wind-and-solar cluster in the state of Rio Grande Do Norte, I am pleased to announce the opening of our Canudos cluster in the state of Bahia. We are replicating the key success factors of Serra Branca…

Luxcara and GE Renewable Energy have singed agreement to deliver 753 MW of onshore wind capacity with the Önusberget wind farm in northern Sweden. The project will be the largest single onshore wind farm in Europe and GE’s largest onshore wind farm contract outside of the US. GE Renewable Energy will supply 137 of its Cypress 5.5 MW turbines, a powerful turbine with a 158-meter rotor, ideally suited for the project site’s wind speeds and climate. The turbine blades will be equipped with an ice mitigation system, ensuring a stable level of availability and reduced downtime. The parties also agreed…

Nordex Group will supply nine N117/3600 turbines for the Den Tol wind farm in the Netherlands. The turbines will be supplied in the 3.675 MW operating mode. The order also includes a Premium Service contract for the turbines covering a period of 25 years. Den Tol will be built in the east of the Netherlands, near Netterden, close to the Dutch-German border. The wind farm has been developed over a period of many years by a group of local farmers together with Windunie Development, a Dutch specialist in the development and operation of local sustainable energy projects. The start of…

30 pioneering European energy players who, after two years of testing and confidential planning, formally launch HyDeal Ambition with the goal of supplying 100 percent green hydrogen across Europe at €1.5/kg before 2030. The production of green hydrogen produced by solar-driven electrolysis from the Iberian Peninsula will begin in 2022. The aim is to reach 95 GW of solar and 67 GW of electrolysis power by 2030 to provide 3.6 million tons of green hydrogen per year to consumers in the energy, industry and mobility sectors via the gas transmission and storage network, equal to 1.5 months of oil consumption…

Australian Renewable Energy Agency’s (ARENA) has launched $71.9 million Future Fuels Fund as part of the 20/21 Federal Budget, aimed at addressing barriers to the roll out of new vehicle technologies. The first round of the Fund will see $16.5 million of grant funding made available to fund battery electric vehicle (BEV) public fast charging infrastructure to expand the network and reduce blackspots. The funding will be available to support the roll out of networks of fast charging stations (50 kW and above) across eight geographic areas including each Australian capital city, alongside large regional centres including Newcastle, Wollongong, the…

Tilt Renewables (TLT) has completed installation of Waipipi Wind Farm (WWF) turbines, located near Waverley in South Taranaki, New Zealand. Construction activities at the site are now winding down and work is focused on completing commissioning of the final 2 turbines. “To safely complete construction of 31 of the largest wind turbines ever installed in New Zealand very close to the original schedule is a superb result, one not common to many large infrastructure projects and a credit to all involved in the planning and execution of the project. This is despite the site being shut down for 5 weeks…