|

Avantus sells Catclaw Solar and Energy Storage Project to DESRI

By

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…

|

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

By

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,…

|

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

By

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…

|

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

By

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…

|

Asia to spend over USD 20bn on EVs: Report

By

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…

|

Germany to bury nuclear waste but toxic dispute unresolved

By

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,…

|

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

By

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…

|

LRE’s White Wing Ranch solar project in Arizona begins operations

By

Leeward Renewable Energy (LRE) has announced the start of commercial operations at its 179MW White Wing Ranch solar project in Yuma County, Arizona.  This project boosts LRE’s operating capacity to over 3.3GW and is the first large-scale installation of American-made First Solar Series 7 photovoltaic modules, known for enhanced efficiency and a lower carbon footprint. White Wing Ranch, spanning 1,400 acres, will supply renewable energy to the bulk electric grid via the 500kV Hoodoo Wash…

|

JERA Nex and Catalyst Energy partner for clean energy deployment in US

By

Renewable energy firm JERA Nex has formed a strategic partnership with Catalyst Energy Partners (CEP) to accelerate clean energy deployment across the United States. This collaboration aims to develop, construct, own, and operate new utility-scale renewable energy facilities, leveraging existing grid infrastructure alongside conventional power plants. Through this partnership, JERA Nex will provide financial backing, strategic insights, and operational expertise to support CEP’s clean energy projects. CEP brings a portfolio of development-stage renewable assets and…

|

RWE signs PPA with Rivian for EV fast-charging network with Texas wind energy

By

German energy company RWE has entered a 15-year power purchase agreement (PPA) with electric vehicle manufacturer Rivian to supply renewable energy from its upgraded 127MW Champion Wind project in Nolan and Mitchell counties, West Texas.  This agreement will support Rivian’s Adventure Network, enabling renewable energy-powered fast charging for its EVs and contributing to the company’s goal of achieving carbon neutrality. Champion Wind, initially launched in 2008, is undergoing a major upgrade to extend its lifespan,…