OX2 has agreed to divest a 119 MW alternating current (MWac) solar farm in Victoria, Australia, to an undisclosed buyer. As part of the agreement, OX2 will oversee the construction process on behalf of the new owner and will also manage the technical and commercial aspects of the project under a five-year management contract. The solar farm is expected to be operational by 2027 and will generate 242 gigawatt hours (GWh) of electricity annually, enough…
Copenhagen Infrastructure Partners (CIP) and China Steel Corporation (CSC) have officially inaugurated the 300MW Zhong Neng offshore wind farm off the coast of Changhua County, Taiwan. The project, a joint venture between CIP’s Copenhagen Infrastructure IV (CI IV) fund and CSC, marks the country’s first offshore wind farm completed ahead of schedule. Led by Copenhagen Offshore Partners and the local Copenhagen Infrastructure Service Company, the project saw the installation of its first turbines in May…
Energy producer and supplier Energie Baden-Württemberg (EnBW) has secured winning bids for seven solar parks in an open-field photovoltaic (PV) auction held by the German Federal Network Agency. The projects, with a combined output of 184 MW, will be developed across Germany. Five of the solar parks will be constructed in Baden-Württemberg, located in southwest Germany, at sites in Langenburg, Mulfingen, Adelsheim, Geislingen-Erlaheim, and Sigmaringen-Gutenstein. Additional solar parks will be built in Lauenhagen, Mecklenburg-Western Pomerania,…
Inspection and certification provider Bureau Veritas has acquired ArcVera Renewables, a leading consulting and technical services provider for wind, solar, and energy storage projects. Although the financial details of the deal were not disclosed, the acquisition is part of Bureau Veritas’s LEAP | 28 strategy, which aims to enhance its renewable energy services, particularly in North America. ArcVera Renewables has earned a reputation for excellence in due diligence and operational verification of renewable energy projects….
Romania, Hungary, Georgia, and Azerbaijan have officially launched the Black Sea power line project aimed at enhancing the European Union’s renewable energy capacity. The project, developed in response to the EU’s need for energy diversification following Russia’s invasion of Ukraine, is expected to strengthen the region’s energy security. The initiative involves constructing an undersea cable that will connect wind farms in Azerbaijan’s Caspian Sea to Romania and Hungary via Georgia, supplying renewable energy to the…
China’s Linglong One, the world’s first commercial onshore small modular reactor (SMR), has reached a significant milestone with the installation of the lower reactor internals at the Changjiang site in Hainan province. The China National Nuclear Corporation (CNNC) placed the “hanging basket assembly” into the reactor pressure vessel on August 29, starting the internal components installation. The reactor internals are critical to the SMR’s operation, supporting the core, maintaining fuel alignment, directing coolant flow, and…
The Australian Capacity Investment Scheme (CIS) is set to enhance energy storage capabilities in Victoria and South Australia through support for six new large-scale battery projects. These initiatives will add 3.6 gigawatt hours (GWh) of capacity. In Victoria, EnergyAustralia will manage the 350 MW Wooreen lithium-ion battery system at the Jeeralang power station site, and Project Power will develop the 115 MW Springvale Energy Hub on a former landfill site in Melbourne. South Australia will…
Hitachi Energy has invested more than $200 million to expand its transformer manufacturing operations in Brazil, as part of a larger $1.5 billion global investment plan to boost its production capacity. The investment will be used to upgrade the existing Guarulhos transformer factory in São Paulo and establish a new greenfield transformer manufacturing facility, which is slated to be operational by 2028. Hitachi Energy has been a key supplier of transformers in Brazil for decades,…
Hygreen Energy and its partners plan to invest more than $2.2 billion in green hydrogen projects in Andalusia, Spain. This investment will support the development of new green hydrogen plants as well as a facility to produce electrolysers. Initially, the plant will focus on producing 5 MW electrolysers to support green hydrogen production. In July 2024, the European Commission approved a Spanish scheme to boost renewable hydrogen investments, part of the state aid Temporary Crisis…
Arevon Energy has secured $299 million in debt financing for its Ratts 1 and Heirloom Solar Projects in Pike County, Indiana. These projects will contribute 264 MW (MWdc) of renewable energy to the Midwest and MISO region. Construction is already underway, with full operational status expected by the third quarter of 2025. The financing package includes a $119 million construction-to-term loan, $159 million tax equity and credit bridge loan, and a $21 million letter of…
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