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EDF Renewables signs 20-year energy storage PPA with APS for 250 MW Beehive BESS

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EDF Renewables has secured a 20-year Energy Storage Power Purchase Agreement (PPA) with Arizona Public Service (APS) for the Beehive Battery Energy Storage System (BESS) in Peoria, Arizona.  This 250 MW, four-hour duration stand-alone battery system, totalling 1,000 MWh, will start construction in 2025 and is set for commercial operation by 2026.  Beehive BESS, equipped with lithium-ion batteries, inverters, transformers, and a substation, will store renewable energy to meet peak demand, supporting APS’s capacity needs. …

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Emeren and Arpinge partner on 300MW battery storage portfolio in Italy

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US-based Emeren Group has entered a co-development agreement with Arpinge to establish a 300MW battery energy storage system (BESS) portfolio in southern Italy, bolstering Emeren’s presence in the Italian BESS market where it already has 1.37GW in its permitting pipeline.  This partnership with Arpinge, a permanent capital vehicle backed by Italian pension funds, aligns with Italy’s energy transition goals, focusing on enhancing grid stability and integrating renewables.  Emeren Group CEO Yumin Liu highlighted the collaboration…

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Westbridge sells 75% stake in Alberta’s Sunnynook solar project to METLEN

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Westbridge Renewable Energy has completed the sale of its 75% stake in the Sunnynook solar and battery energy storage system (BESS) project to METLEN Energy & Metals.  Located in Alberta’s Special Area No. 2, the 332 MWdc Sunnynook solar project includes a 200 MWh BESS and is approved by the Alberta Utilities Commission, currently progressing in the Alberta Electrical System Operator’s connection process.  The C$41.4 million ($29.7 million) transaction involved 3% of the purchase price…

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Avantus sells Catclaw Solar and Energy Storage Project to DESRI

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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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Huasun Energy to supply 1 GW of HJT solar modules for Power China’s offshore PV project

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Huasun Energy has secured a 1 GW contract to supply its n-type heterojunction (HJT) solar modules to Power China for offshore solar projects in Aoshan Bay, Jimo District, Qingdao, Shandong Province.  Known for challenging soft soil conditions, the region requires modules with high water resistance, corrosion protection, and durability. Huasun’s G12-132 V-Ocean HJT solar modules, with a 720 W output, feature advanced waterproofing through butyl adhesive and UV-resistant junction boxes that provide salt mist protection,…

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HydroWing and PLN to develop Indonesia’s first tidal energy plant

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HydroWing, a division of Inyanga Marine Energy Group, has signed a binding agreement with a sub-holding of Indonesia’s state-owned power company, PLN (Perusahaan Listrik Negara), to develop the country’s first tidal energy project.  The 10 MW tidal current power plant is planned for East Nusa Tenggara in the Indonesian archipelago. This partnership builds upon a 2022 Memorandum of Understanding between HydroWing and PLN aimed at accelerating tidal energy development in Indonesia through site selection, resource…

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ACWA Power secures $240 million IFC loan for Uzbekistan’s RE projects

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ACWA Power has obtained a $240 million Islamic Equity Bridge Loan (EBL) from the International Finance Corporation (IFC) to support renewable energy initiatives in Uzbekistan.  The financing will facilitate the construction and operation of two projects: a 1 GW solar photovoltaic plant and a 668 MW battery energy storage system (BESS), along with approximately 500 km of high-voltage transmission lines.  These projects aim to reduce Uzbekistan’s greenhouse gas emissions by an estimated 1.3 million tonnes…

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Asia to spend over USD 20bn on EVs: Report

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Developing an electric vehicle (EV) industry in South and Southeast Asia will require significant investment, with S&P Global Ratings estimating more than US$20 billion in spending by rated carmakers over the next few years.  Chinese EV manufacturers are expected to lead the expansion, viewing the region as a key growth market and a strategic hub for exporting to Europe, where Chinese-made EVs face high import tariffs. S&P Global Ratings credit analyst Claire Yuan noted that…

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Germany to bury nuclear waste but toxic dispute unresolved

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In Salzgitter, Germany, an old iron ore mine is being transformed into the Konrad repository, a facility to house Germany’s radioactive waste.  The site, situated a kilometre underground, is projected to store over 300,000 cubic meters of low- and intermediate-level waste from shuttered nuclear plants.  Engineers aim to encase waste in concrete to prevent radiation release, ensuring long-term containment. Set to open in the early 2030s, Konrad represents Germany’s sole approved nuclear waste storage location,…

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IEA report forecasts US$2 trillion clean energy market growth, challenging oil industry dominance

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The International Energy Agency’s (IEA) Energy Technology Perspectives 2024 report predicts rapid expansion in the clean energy market, with investments in solar PV, wind, electric vehicles, batteries, electrolysers, and heat pumps expected to triple by 2035, reaching over US$2 trillion.  This anticipated growth could rival the economic scale of the global oil market, marking a pivotal shift towards a sustainable economy. IEA Executive Director Fatih Birol highlighted the interlinking of energy, industry, and trade policies…