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Avantus sells Catclaw Solar and Energy Storage Project to DESRI

Global, News

Avantus has announced the sale of its Catclaw Solar and Energy Storage Project to D.E. Shaw Renewable Investments (DESRI). Situated in Buckeye, Arizona, the Catclaw project includes up to 225 MWac of solar power and 250 MW/1,000 MWh of energy storage, accompanied by a long-term Power Purchase Agreement (PPA) with Arizona Public Service (APS). Avantus spearheaded the initial development, handling interconnection, site acquisition, permitting, commercial negotiations with APS, and securing key equipment like batteries.  Catclaw…

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Avantus, Toyota Tsusho America begin construction of Norton Solar Project in Texas

Global, News

Avantus and Toyota Tsusho America (TAI) have started constructing the 159 MWdc/125 MWac Norton solar project in Runnels County, Texas. The construction follows TAI’s acquisition of the Norton project from Avantus in November 2023. TAI, a subsidiary of Toyota Tsusho Corporation, has secured financing from Mitsubishi UFJ Financial Group. The Norton project, managed by Avantus with engineering, procurement, and construction services provided by RES, has a long-term power purchase agreement with a corporate customer, highlighting…

Power Sector News Roundup for November 5, 2024

Power Bytes

Global: ACWA Power secures $240 million IFC loan for Uzbekistan’s RE projects HydroWing and PLN to develop Indonesia’s first tidal energy plant Huasun Energy to supply 1 GW of HJT solar modules for Power China’s offshore PV project Avantus sells Catclaw Solar and Energy Storage Project to DESRI India: Premier Energies’ subsidiaries receive orders worth Rs 5.6 billion Gensol Engineering secures Rs 7.8 billion solar EPC order in Maharashtra NTPC and ONGC partner to drive…