ArcVera Renewables’ Post

🌍 European renewable energy markets - Market Spotlight: UK Alfa Energy (an Edison Energy company), together with parent company Edison Energy, recently launched their Q3 2023 Global Renewables Market Update, featuring a spotlight on the UK renewable energy marketplace. Is the renewables pipeline sending mixed signals? Has UK solar development slowed? Will the UK corporate PPA market spur demand? Find out in our latest update! ➡️ Download the report: https://lnkd.in/dUxUPEnN

US company Enfinity Global Inc. has acquired a 546 MW of pipeline of solar developments in Colorado from CS Energy. Enfinity Global’s new portfolio comprises three solar projects that are expected to produce 1,054 GWh of clean electricity per year once fully operational. “We continue to acquire top quality portfolios in some of the most promising markets in the US to add and complement our 6 GW proprietary pipeline of projects,” said Ricardo Diaz, CEO Americas of Enfinity Global. “Our long-term ownership business model allows us to partner with relevant investors, stakeholders, and customers, aligning capabilities that create a zero-carbon future and benefit the communities in which we participate. We will continue committed to develop additional projects in Colorado.” Enfinity Global’s existing renewables portfolio totals over 17 GW, including 7.3 GW of energy storage assets and 1 GW of operational assets. Enfinity Global operates a US portfolio totalling 400 MW over 28 solar PV power plants in the states of California, Idaho and North Carolina. The company also owns 6 GW of solar and storage assets under development across a number of different US States. Enfinity Global has raised $380 million over the past year in the US to support its growth plans. Enfinity continues to consolidate the market leveraging on its fully integrated platform, ability to deploy operational expertise across the entire renewable energy value chain, and international presence. “We take great pride in developing high quality utility-scale assets and are enthusiastic about our ongoing commitment to building a clean sustainable future while nurturing valuable partnerships such as this one,” added Eric Millard, CCO of CS Energy. #cleanenergy

2023 is setting the pace for an accelerated phase of renewable energy deployment, based on the stats in the latest Renewable Energy Market Update from the International Energy Agency (IEA). Read more from Canary Media Inc.'s Chart of the Week: https://lnkd.in/gUJPx8hu

Three Eight Six Holdings and B.Grimm Power ink deal for clean energy projects - https://lnkd.in/dDMBMBrG The deal is said to highlight the attractiveness of the renewable energy sector in the Middle East

To accelerate renewable energy deployment, the industry must confront and overcome the obstacles that stand in its way. That is the aim of Turning the tide in scaling renewables. In this report, the KPMG global organization and renewable energy specialists identify ten key barriers hindering renewable energy scaling and present innovative recommendations. The report offers real-world examples of organizations overcoming these barriers and succeeding. It also provides insight into increased renewable energy investment opportunities and the importance of collaboration and partnership in delivering successful renewable energy projects. Read the full report today!

Sumitomo Corporation of Americas and US investment firm Advantage Capital have formed a new renewable energy development company called Perennial Renewables LLC with a focus on solar power generation. Perennial Renewables will target solar power generation projects and leverage the joint expertise of Sumitomo Corp. of Americas and Advantage Capital in order to develop an ambitious project pipeline. Perennial Renewables initially focus will developing Advantage Capital’s current portfolio of over 2 GW of solar projects, located across six US states. According to Sumitomo Corp., the most advanced projects in the pipeline are slated to come online in H2 2024. “Perennial Renewables will leverage Advantage Capital’s development team expertise on site control and interconnection and the Sumitomo Corp.’s strength in project finance arrangement to simultaneously develop multiple renewable energy projects,” read a company statement. #cleanenergy

European renewable energy markets: European PPA pricing trends Alfa Energy (an Edison Energy company), together with parent company Edison Energy, recently launched their Q3 2023 Global Renewables Market Update, featuring PPA pricing trends happening in the European renewable energy marketplace. Download the market update to explore: · The current EU PPA market landscape, as well as emerging trends · Regions that offer the best PPA pricing opportunities · What offshore wind development could mean for buyers Download now: https://lnkd.in/e_8NkUhe

Today, we are launching #JERANex with a bold mission: To accelerate the transformation of the global energy system by creating a new renewable energy company that brings together the backing and resilience of JERA Co., Inc. with the agility and focus of a dedicated renewables business.   My career has been dedicated to scaling up renewable energy, and while we’ve seen significant progress in that time, there’s much more than needs to be done to reach net zero by 2050. The increasing urgency of that need is why we are launching JERA Nex today.   We have an exciting journey ahead of us and I’m confident we have the right people to embark on it. We launch as a team of 300 industry specialists with experience delivering pioneering renewable energy projects around the world. Our recent acquisition of Belgium’s @Parkwind, a successful renewable energy company that complements our significant experience in APAC and the US. Combining these teams creates a wealth of insight and experience.   Our ambition is to have 20GW of renewable energy capacity by 2035, building a global portfolio of onshore wind, offshore wind, solar and storage assets, through a develop-own-operate model. Achieving that goal will demand new ways of thinking and collaboration.   It’s in our name – we want to be the nexus, the focal point, the driver, of transformation. Today is just the start.   Find out more about JERA Nex here: www.jeranex.com #renewableenergy #decarbonization #Zeroemission2050 #energytransition #offshorewind #onshorewind #solar

The next generation of renewable energy solutions is here with JERA Nex.

We proudly announce that ERG has entered the renewable energy market in the United States. The Group has signed a strategic partnership with Apex Clean Energy for the acquisition of a 317 MW portfolio of wind and solar assets in Iowa and Illinois.   This agreement represents the first step of the Group in the overseas market involving the establishment of a US-based holding company that will include a wind farm and a solar plant, both recently started-up, for a total of 317 MW of installed capacity and an estimated production of around 1 TWh, besides a cooperation agreement in relation to new solar and onshore wind projects of about 1 GW under development in the United States.   This agreement concludes a 2023 of significant changes and exceptional growth for our Group, now a pure and more international renewable energy operator. Discover more: https://lnkd.in/dTmMeSvt   #SDGsContributors #greenenERGymakers #US #renewables