Power Sector News Roundup for December 4, 2024

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Global: US imposes preliminary antidumping tariffs on Southeast Asian solar imports. JDR Cable Systems to install subsea cables for the largest US offshore wind farm. TotalEnergies and AEW secure a 300-MW solar project in Saudi Arabia. Quaise Energy partners with Nevada Gold Mines to retrofit a power plant with geothermal energy. Equinix signs a second renewable energy PPA with Sembcorp Power. PGE signs a PPA with Avangrid for a 120 MW solar project. Axpo Nordic…

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Equinix signs second renewable energy PPA with Sembcorp Power

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Equinix has entered its second power purchase agreement with Sembcorp Power to source renewable energy.  The project, with a maximum capacity of 58.5 MWp, will be developed on JTC properties on Jurong Island.  This includes 60 hectares of vacant land and rooftops of five JTC buildings, such as the Jurong Rock Caverns above-ground facilities and the Jurong Island Checkpoint.  The project is expected to begin operations in 2029.

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Tata Power Renewables commissions 431 MW DC solar project in Neemuch

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Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has commissioned a 431 MW DC solar project in Neemuch, Madhya Pradesh.  Spanning 1,635.63 acres, the project was secured through a competitive bidding process and features a combination of single-axis trackers and bi-facial modules to enhance system efficiency by over 15%. The project is expected to offset 7,80,300 tonnes of CO2 annually while adhering to engineering standards, including SCADA commissioning and WRLDC compliance.  The…

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Adani Green incorporates new subsidiaries

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Adani Green Energy Limited (AGEL), through its wholly-owned subsidiary Adani Saur Urja (KA) Limited, has incorporated three new subsidiaries to advance renewable energy projects in India. The newly established entities include Adani Hydro Energy One Limited (AHE1L), Adani Hydro Energy Two Limited (AHE2L), and Adani Hydro Energy Three Limited (AHE3L).  These subsidiaries will focus on generating, transforming, distributing, transmitting, and supplying power through renewable energy sources such as wind and solar. Additionally, AGEL recently announced the…

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Orient Solar plans capacity expansion to 2 GW by mid-2025

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Orient Solar has announced plans to increase its production capacity from 800 MW to 2 GW by mid-2025.  This expansion involves an investment of Rs 1.30 billion, covering capital expenditure, land, and building costs.  The enhanced capacity will primarily support utility-scale solar projects (65%), with the remaining 35% allocated to commercial and industrial rooftop solar projects, as well as solar street lights and pumps.

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National Grid Renewables secures PPA for 150 MW Bee Hollow solar project

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National Grid Renewables has signed a power purchase agreement (PPA) with the Illinois Municipal Electric Agency (IMEA) for the 150 MW Bee Hollow solar project in St. Clair County, Illinois.  Construction is slated to start in 2025, expanding the company’s solar capacity in Illinois to 350 MW, including the Prairie Wolf solar project in Coles County. The Bee Hollow project is expected to generate $34 million in economic benefits over 20 years, including tax revenue,…

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Axpo secures 163 MW capacity in French renewable energy tenders

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Axpo has been awarded a combined capacity of 163 MW in public tenders for solar and wind energy organized by the French Energy Regulatory Commission (CRE), as announced in November 2024.  Axpo’s solar division, through its subsidiary Urbasolar, secured 124 MWp across 20 projects in nine French regions. These projects include ground-mounted, agricultural photovoltaic (PV), and floating PV installations.  With this award, Axpo’s cumulative solar capacity from CRE tenders has surpassed 1.7 GW. Urbasolar CEO…

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RIC Energy and Rosemawr partner to deploy 450 MW solar and storage in New York

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RIC Development, LLC (“RIC Energy”) has partnered with Rosemawr Management to finance interconnection deposits for up to 450 MW of solar and energy storage projects in New York over the next three years.  This partnership will help advance projects through the NYISO interconnection queue.  Additionally, it will allow RIC Energy to grow its portfolio, and increase access to affordable, clean energy for local communities. Jonathan Rappe, CEO of RIC Energy North America, highlighted the profound…

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Adani Group to invest USD 35 billion in renewable energy over five years

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The Adani Group has announced plans to invest USD 35 billion over the next five years to establish large-scale renewable energy plants across India.  The focus will be on solar, wind, and hybrid energy systems, aiming to play a significant role in the global energy transition. Sagar Adani, Executive Director of Adani Green Energy, revealed this initiative during a CEO panel discussion at the SBI Economic Conclave. He described it as one of the world’s…

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Neoen secures 164 MWp in French solar and agrisolar tenders

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French renewable energy developer Neoen has won seven solar and agrivoltaic projects totalling 164 MWp in the latest round of tenders conducted by the French Energy Regulation Commission (CRE).  This achievement enhances Neoen’s position in the ground-mounted solar sector in France, where it has now been awarded a cumulative 642 MWp in PPE21 tenders. With these new projects, Neoen’s secured capacity in France exceeds 2.5 GW. The projects are scheduled for commissioning between 2026 and…