Here are some noteworthy cleantech announcements of the day from around the world:
JA Solar has supplied its solar modules for Spain’s first grid-connected floating solar project. The 1.1 MW floating solar project is located in the Sierra Brava reservoir in the Extremadura region. The project adopts JA Solar’s monofacial and bifacial modules. Also, Malaysia’s first floating photovoltaic project, a 10 MW project in Selangor state, has been successfully connected to the grid. The company provided its double-glass modules for the project.
Infrastructure Capital Group said that its Australian Renewable Income Funds agreed to acquire a 75% interest in the Australian Renewable Energy Trust. ARET is a renewables platform and partnership established by ARIF and ENGIE Australia & New Zealand, a joint venture between ENGIE and Mitsui. Upon closing the transaction, ARET will be sedded with the operational 119 MW Willogoleche wind project in South Australia. The project also has well-contacted cash flows, including a power purchase agreement with Simply Energy that runs to 2030. The investment also includes exclusive rights to a pipeline of over 1.3 GW of solar and wind development projects across Australia.
Trung Investment and Construction Joint Stock Company Nam, a Vietnam-based renewable energy company, has energized the transformer station and 220-500 kV transmission line in Ninh Thuan province, Vietnam. Official sources say that this project combines the 450 MW Trung Nam Thuan Nam Solar Project and exploits over 1 billion kWh – equivalent to 1 GWh of electricity from renewable energy sources. This will significantly contribute to the release of power grid capacity for the Ninh Thuan area and the South Central Coast.
Prime Capital AG, an independent asset manager and financial service provider, has closed its first investment from its newly launched Prime Green Energy Infrastructure Fund. RES develops the 372 MW Bjornberget wind project in central Sweden. The project is expected to reach its commercial operation at the beginning of 2023. The project will produce around 1.1 TWh of clean energy annually. Prime Capital is in exclusive negotiations with a global technology company to sign a 10-12 year power purchase agreement, offtaking roughly half of the project’s electricity production.
Omega Seiki Mobility and Foundation for Innovation and Technology Transfer (FITT) have signed a Memorandum of Understanding to collaborate and work on electric vehicle technologies and advanced research. According to the agreement, the company will provide its vehicles, design and manufacturing facility for prototyping and testing. FITT is an industry interface organization established by the Indian Institute of Technology, Delhi.
Here is our previous daily news wrap-up.
Harsh is a staff reporter at Mercom India. Previously with Indian Express, he has covered general interest stories. He holds a Masters Degree in Journalism from Symbiosis Institute of Media and Communication, Pune.