Your browser is not supported. Please update it.

16 June 2022

Renewables orders this week

BP has acquired a 40.5% share in the $30 billion Asian Renewable Energy Hub, from partners Intercontinental Energy, CWP Global and Macquarie. The project aims to install 26 GW of wind and solar capacity across a 6,500 square kilometer site in the Pilbara region of Australia, producing around 1.6 million tons of green hydrogen per year.

ACME Group has teamed up with the government of Karnataka in India to invest $6.7 billion in a green hydrogen and ammonia plant, which could be online from 2027. The project aims to produce 1.2 million tons of green fuels per year, although it has not yet said how much of this will be hydrogen or ammonia.

Plug Power has announced plans to build a 100 MW green hydrogen plant in the Belgian port of Antwerp-Bruges. The project is aiming to come online by 2025, producing 12,500 tons of green hydrogen per year.

Corio Generation has announced plans to develop a 1,500 MW offshore wind farm off the coast of Victoria, Australia. Corio said the announcement means its planned Australian offshore wind energy projects now total 4 GW.

EDF has supplied its first power from the 480 MW Saint Nazaire offshore wind farm in France – the country’s first offshore wind project at commercial scale.

Enel Green Power has started construction on its 152 MW Grizzly Bear Creek wind farm in Alberta, Canada. The project is expected to enter operation by the end of this year. Siemens Gamesa has secured a 133 MW turbine order for one of Vena Energy’s wind farms in Karnataka, India. The project is aiming for completion by the end of 2023.

Nordex has received an order for 105 MW of turbines for the Krivaca wind farm, which is being developed by Ivicom and will be operated by the Serbian MK Group and the ALFI Green Energy Fund. The project is set to be commissioned in 2023.

Neo Energy Group has completed the sale of its 73 MW Czluchow wind farm in Poland to PAK-Polska Czysta Energia. The project is expected online in Q3 2024.

Atlas Renewable Energy has acquired the 378 MW Juramento wind project in the Brazilian state of Minas Gerais, which is currently under development.

Exus Management Partners has teamed up with Vitol to aquire and manage three wind farms, totaling 244 MW, in the US state of Pennsylvania. Vitol has agreed to acquire the portfolio from a BlackRock managed fund, with the transaction expected to close later this quarter.

Duke Energy has finished its first 74.9 MW site of ten for a 750 MW community solar scheme in Florida. Vistra has commissioned the 108 MW Emerald Grove solar farm in Texas using First Solar modules.

Prime Infrastructure Holdings plans a complex with between 2.5 GW and 3.5 GW solar capacity and between 4 GWh and 4.5 GWh battery capacity in the Philippines. The complex has an 850 MW 20-year PPA with utility Meralco, with construction to be completed in 2027.

South Africa has signed PPAs with Scatec for 540 MW solar and 1.1 GW battery energy storage for 20 years, with 150 MW of dispatchable energy guaranteed from 5am to 9:30pm.

LONGi is to supply 400 MW of its modules to the Rabigh solar plant in Saudi Arabia’s Makkah Province.

South Korea has invited bids for 2 GW of solar across four categories, with the smallest being sub-100 kW and the largest being over 3 MW. Solar modules with a lower carbon footprint are preferred – which means of South Korean rather than Chinese manufacture.

For Chinese solar plants we have:

  • Zhongguangtong Energy Yunnan has begun construction of a 10 GW solar complex in Kaiyuan City, Liaoning, which will cost $6 billion to build, take 5 years to complete, and will generate 3.8 TWh annually.
  • China Huaneng Group and the Enshi Municipal Government have signed an investment co-operation agreement concerning a $760 million, 600 MW wind-solar-pumped hydro storage complex in Hubei Province.
  • Korla City in Xinjiang is to see a 50 MW solar plant built courtesy of State Power Investment, at an investment cost of $37 million.
  • Huayin Power plans to invest $162 million in a 200 MW solar plant in heavily-polluted land near a tin mine in Lengshuijiang City, Hunan Province.
  • JinkoSolar will supply 1 GW of n-type Tiger Neo modules for Datang Group utility-scale projects, largely for agrivoltaic and desertification-control projects.
  • Hubei Energy Group will build two solar-fishery projects, one 50 MW and one 130 MW, in Huangshiyang, Hubei Province, with the $100 million pair projects to be commissioned in December.

And for Chinese manufacturing we have:

  • A $1.2 billion investment by Yongzhen Anhui Province for a factory in Anhui province which will produce 380,000 tons of solar panel aluminum frames, brackets and battery trays, with expected annual sales of $3.5 billion annually.
  • JA Solar is building a 10 GW module factory in Yiwu, Zhejiang Province, with a $150 million investment and annual sales expectation of $450 million.
  • Yidao Xinneng has invested $670 million in a 10 GW module production and R&D facility – which will be heavy on the R&D.

East Hope is considering a $1.3 billion investment into a solar-grade glass and module factory, and has announced that its new 125,000-ton polysilicon factory will enter trial production in June 2023.