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SEFE, Eletrobras, and EnerTech partner to supply green hydrogen to Germany

Global, News

Securing Energy for Europe (SEFE), Eletrobras, and EnerTech have signed a Joint Study Agreement (JSA) to deliver 200,000 tonnes of green hydrogen annually to Germany starting in 2030.  The partnership involves establishing a green hydrogen production facility in Brazil, utilizing electricity sourced from hydropower and other renewable options. SEFE will manage the production and shipment of green ammonia to Germany and oversee the distribution of green hydrogen across its European network.  In a separate development,…

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Ocean Winds and Eletrobras partner to explore offshore wind opportunities in Brazil

Global, News

Ocean Winds (OW) and Eletrobras have signed a memorandum of understanding (MoU) in São Paulo to collaborate on offshore wind energy projects in Brazil, aligning with the country’s renewable energy targets and economic development goals.  This partnership aims to harness Brazil’s wind resources to create a sustainable energy future while promoting local job creation and community development. OW, a 50/50 joint venture between EDP Renewables (EDPR) and Engie, has identified Brazil as a strategic market…

Power Sector News Roundup for November 21, 2024

Power Bytes

Global: Amazon invests in Greece’s largest wind energy project with three wind farms. China tightens solar PV investment guidelines to address overcapacity. SEC to build publicly owned renewable energy park in Horsham, Australia. Bekevar Wind Farm opens, providing 200 MW of renewable energy in Saskatchewan. Ofgem proposes £5-8 billion fund to accelerate UK energy transmission projects. TVA signs 10-year PPA for 14 GWh carbon-free energy with Smoky Hydro. Octopus Energy and Skyborn prequalified for French…

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Monarch Private and Invenergy secure $170 million tax equity for samson solar II

India, News

Monarch Private Capital and Invenergy have secured nearly $170 million in tax equity financing for the 200 MW Samson Solar Energy Center II in Lamar County, Texas. Developed by Invenergy, the project will contribute over $27 million in taxes and funding to local schools and the county throughout its lifespan. The solar facility is expected to begin operations later in 2024 and is part of Invenergy’s larger 1,310 MW Samson Solar Energy Center, the largest…