Here are some noteworthy cleantech announcements of the day from around the world:
Candela Renewable, a U.S.-based utility-scale solar project developer, signed a power purchase agreement (PPA) with Google for a 140 MW of solar power project in Texas. This agreement is part of Google’s biggest renewable energy purchase ever, announced by them in September 2019, which is also the largest-ever corporate purchase of renewable power – overall. This 1,600 MW package will comprise 18 new energy deals, of which Candela’s PPA is a part.
Siemens Gamesa, a renewable energy developer and wind turbine manufacturer, announced that the company had been awarded two new onshore wind projects with a cumulative installed capacity of 325 MW in Texas. The company is expected to begin deliveries in the summer of 2021. The wind turbine manufacturer’s total installed capacity reached close to 6 GW in Texas with this latest addition in its portfolio. The company said that it has projects with a total installed capacity of 22 GW across 34 states in the United States.
India Grid Trust (IndiGrid), an infrastructure investment trust, acquired the Gurgaon Palwal Transmission Limited (GPTL) from Sterlite Power at an enterprise value of ₹10.8 billion (~$148.17 million). GPTL is part of the interstate transmission system (ISTS) network. It consists of three gas-insulated substations with a total transformation capacity of 3,000 MVA and around 270 circuit kilometers of 400 KV transmission lines spread across Uttar Pradesh, Haryana, and Rajasthan. The company said that its asset portfolio would consist of 10 power transmission projects, with a total network of 25 power transmission lines and seven substations extending over 6,080 circuit kilometers and 10,735 MVA in 15 Indian states.
The Ministry of International Co-operation and Ministry of Electricity and Renewable Energy of Egypt has signed a partnership agreement with the Energy Agency of the Danish Ministry of Climate, Energy, and Utilities to enhance Egypt’s investment in renewable energy. The Egyptian minister said that the new partnership would aim to create a platform for better collaboration between Egyptian government institutions and their counterpart to consolidate commercial relations and exchange experiences in the field of clean energy and technology. The agreement will also enhance the implementation of Egypt’s clean energy strategy until 2035, which aims to improve the share of renewable energy by over 42%.
Here is our previous daily news wrap-up.