César Gutiérrez’s Post

Energea, the leading renewable energy investment platform in the U.S., has expanded its Solarize South Africa portfolio with three new projects. The Solarize South Africa portfolio, backed by over 2,000 investors, has achieved a 10% Internal Rate of Return (IRR) since its inception in July 2021. This portfolio and other niche energy transition strategies are accessible to U.S. investors through Energea's platform and are regulated by the SEC. CPOA Constantia Place The CPOA Constantia Place project features a 144 kW (DC) rooftop solar at Southern Cross Drive, Constantia, Cape Town. This project will be connected "behind the meter" at the CPOA Constantia Place facility, replacing part of their energy consumption with a solar array owned by Energea's investors. A reduction of 2.86K tons of carbon emissions is anticipated through its 20-year assumed lifetime. Laerskool Havinga Laerskool Havinga hosts a 100 kW (DC) rooftop solar installation with battery backup, ensuring the school will still have power even when the grid is shut down on a daily basis as part of the country's "load shedding" crisis. Located at 29 General Pienaar Ave, Witpoortje, this project underscores Energea's belief that well-heeled educational institutions are desirable customers. Bosmansdam High School The project at Bosmansdam High School features a 77.76 kW (DC) rooftop solar installation with battery backup. With a legacy of excellence since its inception in 1971, Bosmansdam is a private school in Cape Town with a history of managing expenses. Read more: https://lnkd.in/d6RpnPsq #RenewableEnergy #Solar #Investment #Africa

Andes Solar: Spearheading Chile’s Renewable Energy Transition with Strategic Expansion and Sustainable Innovation Andes Solar, a renewable energy firm, has concluded a year of robust progress in 2023, reaffirming its dedication to sustainability and tackling Chile’s energy transition head-on. The company has secured vital agreements for constructing and advancing projects across various regions of the nation, slated to commence operations in 2024. This past year marked a period of extensive expansion and development for Andes Solar, actively engaging in emerging industry trends such as self-consumption and agrovoltaic technology. Notably, the company spearheaded the construction of the largest floating photovoltaic plant in the Southern Cone, the Quilamuta plant owned by Solarity, boasting a capacity […] Read the full story here: https://lnkd.in/dSrS5CJY #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #america #andessolar #energytransition #latinamerica #southamerica

Soil Solutions is poised to contribute its expertise and innovative solutions to Teraco's ambitious project of constructing a 120 MW utility-scale solar photovoltaic (PV) facility in the Free State. Our Engineered Base Stabilizer (EBS) and advanced solar park solutions are ideally suited to enhance the sustainability, efficiency, and operational success of this significant renewable energy venture. As Teraco embarks on this critical step towards achieving its renewable energy goals, including powering its data centers with 50% renewable energy by 2027 and 100% by 2035, Soil Solutions can provide vital support in preparing the site for the solar facility. Our EBS technology is perfect for stabilizing access roads and service areas within the solar park, ensuring a stable and durable surface for the installation of solar panels. This contributes to the overall resilience and longevity of the infrastructure against the challenging environmental conditions of the Free State. Moreover, our commitment to environmental sustainability aligns seamlessly with Teraco's renewable energy ambitions and head of sustainability Bryce Allan's vision of powering digital transformation across Africa sustainably. By minimizing the environmental impact of construction and enhancing the solar yield potential of Teraco's facilities, Soil Solutions can play a pivotal role in creating a sustainable energy path to support Teraco's growth. Our solutions also offer a strategic advantage by reducing the need for extensive land grading and minimizing the environmental footprint of the project. This approach not only conserves the natural landscape but also accelerates project timelines, contributing to a more cost-effective and efficient construction process. In collaboration with Teraco and its partners, including JUWI Renewable Energies South Africa, Soil Solutions is committed to delivering cutting-edge technologies and leveraging our vast experience in renewable energy projects. Our goal is to support Teraco in achieving its clean energy objectives, thereby fostering sustainable development and supporting South Africa's transition to renewable energy sources. Intelligent Renewable Solutions https://lnkd.in/dXAQ_v8S #renewableenergy #sustainabledevelopment #solarprojects #cuttingedgetechnology #cleanenergy #roadconstruction #soilstabilization #dustcontrol #environmentfriendly

Citicore Renewable Energy Corporation (CREC) marked a momentous occasion with the ceremonial groundbreaking of its pioneering #solarpower plant project in Pangasinan Province, #Philippines. This endeavor signals the commencement of construction for a 240 Megawatt (MW) solar power facility located in Binalonan, #Pangasinan. Once operational, the plant is expected to produce approximately 326 Gigawatt-hours (GWh) of clean electricity annually, effectively powering approximately 136,000 households and significantly reducing #carbonemissions by an estimated 228,000 tonnes per year. This project underscores #CREC's commitment to advancing #renewableenergy infrastructure and fostering #sustainabledevelopment in the region. #SolarPower #RenewableEnergy #CleanEnergy #Sustainability #GreenTechnology #SolarPlant #EnergyEfficiency #CarbonReduction #Philippines #CiticoreRenewables #Pangasinan #CleanPower #ClimateAction #GreenInfrastructure #SouthEastAsia Read more: https://lnkd.in/dRB46tW6

#NewsIE | Atlas Renewable Energy secures R$1.5 billion for the construction of the Luiz Carlos solar complex in Brazil. ➡️ https://lnkd.in/d_MmA5qC 💬 “The financing of this project demonstrates our expertise and innovation in the renewable energy sector and represents a significant advancement for Atlas in promoting the energy transition for large energy consumers. We always strive to offer the best solutions to our customers, and with the Luiz Carlos photovoltaic complex, we are expanding the supply of clean energy safely and reliably, contributing to decarbonization goals,” said Fábio Bortoluzo, country manager for Atlas Renewable Energy in Brazil. 💬 “We are committed to being the bank of climate transition with and for our clients, and the financing of the Luiz Carlos photovoltaic complex is an example of how we have been working on this agenda. Our goal is to act as a facilitator, seeking to catalyze transformations and serve as a true hub for business origination, encouraging the use of renewable and low environmental impact sources,” says Marcelo Girão Carneiro, head of Project Finance at Itaú BBA. FYI: Diana Maria Castellanos Alfonso, Luiz Ballester, Juliana Najara, Raquel Azevedo, Mayra Dumont, Natalia Phillips Recart, Carla Leal Barboza Xavier, Marcela Pizzi

Octopus Energy's latest solar investment will save French farmers millions and boost green energy. They've announced a significant new investment in solar power aimed at saving French farmers millions of euros. Through the acquisition of Sungen 10 from ELECO, Octopus Energy will launch 100 rooftop solar projects on French farms. This innovative approach includes building large sheds with solar panels on farmers' land, which they can use for free to store equipment, vehicles, and hay. This initiative not only provides farmers with valuable storage space but also helps them save on construction costs. Looking ahead, Octopus Energy plans to work with ELECO and local partners to develop up to 100 MW of new rooftop solar projects across hundreds of French farms by 2030. This investment is part of Octopus's broader strategy to channel €1 billion into France's clean energy market by 2025, marking it their largest green generation market in continental Europe. For more details on this exciting development, read the full article: https://hubs.ly/Q02JxJPz0 #Sustainability #Technology #RenewableEnergy #Environmental

Egypt's Benban Solar Park The Benban Solar Park in Egypt is one of the world's largest solar energy projects, situated in the Aswan Governorate. It is a cornerstone of Egypt's ambitious plan to generate 20% of its electricity from renewable sources by 2022. The project aligns with Egypt's Vision 2030, aiming to transform the energy sector and reduce the country's reliance on fossil fuels. Key Components 1. Scale and Capacity: - Total Area: The solar park spans 37 square kilometers in the Western Desert near the village of Benban. - Capacity: The park has a planned capacity of 1.8 GW, enough to power over one million homes. It consists of 32 individual power plants operated by different companies. 2. Funding and Investment: - Investment Value: The total investment in the project is estimated at around $4 billion, funded through a combination of public and private investments. - International Financing: The project has attracted significant international financing, including support from the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC). 3. Environmental and Social Responsibility: - Reduction in Carbon Emissions: Benban Solar Park is expected to reduce Egypt's carbon footprint by cutting CO2 emissions by approximately 2 million tons annually. Challenges and Mitigation - Grid Integration: One of the main challenges is integrating the large amount of generated solar power into Egypt's national grid. Upgrades to grid infrastructure and the development of new transmission lines are being undertaken to address this issue. Trade Finance Instruments - Letters of Credit (LCs): Essential for facilitating the importation of solar panels and other equipment needed for the construction of the solar park. - Export Credit Facilities: Used by international suppliers to secure financing for their exports to the project. - Standby Letters of Credit (SBLCs): Serve as guarantees for the obligations of the contractors involved in the construction and operation of the solar park. Statistics and Impact - Global Ranking: As of its completion, Benban Solar Park is one of the largest solar installations in the world, putting Egypt at the forefront of renewable energy in the Middle East and North Africa (MENA) region. - Energy Contribution: The solar park is expected to contribute significantly to Egypt's renewable energy targets, providing around 15% of the country's renewable energy supply by 2030. The Benban Solar Park is a transformative project that not only enhances Egypt's energy security but also positions the country as a leader in the global renewable energy market. It serves as a model for large-scale renewable energy projects in the MENA region and beyond.

Filinvest Development Corporation Group Expands Solar Power Project in PHIVIDEC Industrial Estate, Boosting Capacity by 95% to 19.78 MW In a significant move towards renewable energy expansion, the Filinvest Group has announced plans to increase the capacity of its solar power project in the PHIVIDEC Industrial Estate located in Misamis Oriental by 95%. The project, spearheaded by Filinvest subsidiary FDC Green Energy Corporation (FDCGEC), will see its capacity grow from 11.5 MW to 19.78 MW following comprehensive feasibility studies conducted by the company. Juan Eugenio L. Roxas, President and CEO of Filinvest’s power arm, FDC Utilities, Inc., expressed enthusiasm about the project’s expansion, emphasizing its alignment with the Filinvest Group’s mission of enabling Filipino communities to achieve energy security […] Read the full story here: https://lnkd.in/dqbQUySK #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #energysecurity #fdcgec #filinvestgroup #southeastasia #sustainability

Elektron Solar Project Powers Up: 80 MWac Facility Achieves Commercial Operation in Tooele County Today, E. Shaw Renewable Investments (DESRI) announced the successful commercial operation (COD) of the Elektron Solar Project, located in Tooele County, UT. With an 80 MWac capacity, Elektron Solar commenced construction in 2021 after being acquired from Enyo Renewable Energy in 2020. Hy Martin, Chief Development Officer of DESRI, expressed excitement about completing construction, attributing the project’s success to robust partnerships with customers and local stakeholders amid challenges like supply chain constraints and rising interest rates. Salt Lake City Sustainability Director Debbie Lyons hailed the project’s significance in fulfilling the city’s commitment to sourcing a major portion of its electricity […] Read the full story here: https://lnkd.in/dQePSTGx #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #america #desri #elektronsolarproject #northamerica #renewableenergy

Enel Green Power Spain Pioneers Canary Islands’ Largest Solar Plant with Battery Storage Enel Green Power Spain, a subsidiary of Endesa specializing in renewable energy, is set to construct the largest solar energy plant with battery storage in the Canary Islands. This groundbreaking project, located within the Barranco de Tirajana power plant in San Bartolomé de Tirajana municipality, represents an investment of approximately 11.5 million euros. With an installed capacity of 9.3 MW, equivalent to powering over three thousand homes and sustaining about 7,500 people, the El Matorral photovoltaic plant is slated to commence operations by early 2026. Spanning approximately eight hectares of land, equivalent to eight football fields, the plant will utilize […] Read the full story here: https://lnkd.in/dDyn58BX #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #enelgreenpower #europe #renewableenergy #solarenergy #spain