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PV Power around the World Landmark PPA inked through $700 million program to source 500 GWh per year Investment fund managers IFM Investors and QIC have inked Australia’s largest power purchase agreement worth $700 million through its infrastructure renewable energy program which has a potential total size at peak of 500 GWh per year In December 2023 IFM and other super funds representing around $1 trillion of industry super capital, released, Super-powering the energy transition: A policy blueprint to facilitate superannuation investment, outlining recommendations to federal and state governments on policy solutions to help drive greater investment into Australia’s energy transition.

Highfield Solar has secured full financing for two new solar projects in the Republic of Ireland, boasting a combined capacity of 132 MWp! This joint venture, involving ib vogt, Highfield Energy, Aura Power, and Coöperatieve Rabobank U.A., will see the construction of the 70 MWp Clonin North and 62 MWp North Arklow projects, set to break ground in October 2024. With the backing of Ireland's Renewable Electricity Support Scheme (RESS), these projects are pivotal in driving the country's renewable energy goals. As Highfield Energy's MD Peter Kavanagh notes, this achievement reflects years of planning and investment, underscoring Ireland's growing role in the renewable energy landscape. Highfield Solar lands financing for 132MWp Irish solar projects: https://lnkd.in/d8qpwcB2 #RenewableEnergy #CleanEnergy #Sustainability #SolarPower #EnergyEfficiency

Copenhagen Infrastructure Partners (CIP) as they move forward with a major milestone—reaching the final investment decision on a 220MW/1,100MWh standalone battery energy storage system in Antofagasta, Chile! This project, slated to be operational by 2026, will play a crucial role in balancing excess solar power and ensuring renewable energy supply at night. As Ole Kjems Sørensen, partner at CIP, said, 'This cornerstone investment supports our long-term investment strategy in Latin America... demonstrating CIP’s industrial approach in identifying a market need and delivering a large-scale project with a robust contractual framework.' Looking forward to seeing how this project accelerates the energy transition in Chile and across the region! #EnergyStorage #BatteryEnergyStorage #Renewables #Sustainability #EnergyTransition #CleanEnergy #LatinAmericaRenewables #GridStability #BESS"

We are thrilled to announce the early commencement of commercial operations day (COD) at the Tierra Bonita Solar Project in Pecos County, Texas! Covering 2,200 acres and boasting a 306 MWac capacity, this project will power about 75,000 households and reduce CO2 emissions by 500,000 tons per year.  Through innovative agreements, including a 20-year Power Purchase Agreement (PPA) with CPS Energy and the transfer and sale of project tax credits under the Inflation Reduction Act, Tierra Bonita marks a significant achievement for Ashtrom’s renewable energy growth and sustainability goals. Total Project Cost: $435M Equity Investment: $165M PPA with CPS Energy: 180 MWac (~60% of the capacity) over 20 years Remaining energy: Sold on the open market This is a major step forward in our journey to accelerate a clean energy future. Read more: https://lnkd.in/eYg73Z7F #RenewableEnergy #SolarPower #Sustainability #TierraBonita #GreenFuture #TexasSolar #ClimateAction #AshtromGroup

Highfield Solar has secured full financing for two new solar projects in the Republic of Ireland, boasting a combined capacity of 132 MWp! This joint venture, involving ib vogt, Highfield Energy, Aura Power, and Coöperatieve Rabobank U.A., will see the construction of the 70 MWp Clonin North and 62 MWp North Arklow projects, set to break ground in October 2024. With the backing of Ireland's Renewable Electricity Support Scheme (RESS), these projects are pivotal in driving the country's renewable energy goals. As Highfield Energy's MD Peter Kavanagh notes, this achievement reflects years of planning and investment, underscoring Ireland's growing role in the renewable energy landscape. Highfield Solar lands financing for 132MWp Irish solar projects: https://lnkd.in/dmPtTmPi #RenewableEnergy #CleanEnergy #Sustainability #SolarPower #EnergyEfficiency

Best invest in Building and talking about Fusion power, space, maritime propulsion systems and industry as data centres are. Great Headline, Guardian on Nuclear fission. https://lnkd.in/g8sMZtpR People talk about Nuclear (meaning Fission) and fail to discuss fusion. https://lnkd.in/ge_aeX7M The nuclear fission industry is ignorant of what's happening around it. It must pull its collective uranium heads out of the sand and prepare to enter the commercially growing fusion energy industry. Fission is moving towards obsolescence at an ever-increasing pace, as it is "out of step, out of time, out of place, and soon to be out of Fuel" and merely temporary. https://lnkd.in/gbd_mZqk By 2028, Helion is expected to start producing electricity from its first fusion commercial power plant, which will provide electricity to Microsoft. The plant will produce at least 50 MWe after an initial ramp-up period. https://lnkd.in/gY9J3MQY Now, see what is happening in the world of the fusion industry. https://lnkd.in/g9hMBD7a As fission trebles, fuel shortage is increasingly real, https://lnkd.in/gze5rwpr

☀️ Proud to share that Greenwood Sustainable Infrastructure (GSI), one of our #RenewableEnergy subsidiaries in North America, has recently secured a $24 million construction facility and USDA-backed permanent financing facility from Live Oak Bank to finance the construction and operation of two community #solar projects in New York. The loan will fund the projects located in Yates County, New York, named Martin and Horning, which will generate over 20,000 MWh of clean, renewable energy each year.   Martin and Horning are part of GSI’s 222 MWac community solar portfolio with 46 projects across multiple markets and in various stages of development. They also represent a fraction of the company's overall portfolio, which includes a footprint of approximately 388 MW across over 70 renewable energy projects. GSI has a pipeline of 100 projects totaling nearly 2.5 GW under development in the U.S. and Canada.   Live Oak Bank is known for its strong commitment to supporting renewable energy initiatives across the U.S., including backing USDA Rural Energy for America Program (REAP) projects, which play a key role in helping rural communities adopt sustainable energy solutions that support economic growth. The closing of this facility also supports New York State’s renewable energy target of achieving 70% renewably sourced electricity by 2030 and a zero-emission electric grid by 2040.   With this significant financing milestone achieved, GSI’s team, in collaboration with GSI’s selected EPC contractor, EnSite, has begun construction for the projects, expected to be operational in 2025.   🌎 GSI is one of Libra Group’s three renewable energy subsidiaries with a total portfolio that encompasses in excess of 4 GW of projects owned, developed, or pending development in 12 countries. We’re pleased to see GSI’s progress as it works to support the uptake of clean energy across the U.S. and Canada! We look forward to following these projects as they break ground! 🌱 Learn more: https://lnkd.in/e4CvT4bp

Ørsted has signed an 80 MW power purchase agreement (PPA) with Bloomberg for renewable energy generated by the Mockingbird Solar Center in Texas. This agreement fully contracts the 471 MW solar project, making it Ørsted's largest solar facility and the seventh-largest project in PV Intel's recent constructions list. Notably, it incorporates conservation efforts to protect nearly 1,000 acres of native tallgrass prairies in collaboration with The Nature Conservancy. Bloomberg, Covestro, and Royal DSM are corporate customers buying power from this center. Bloomberg, part of the RE100 initiative, expects this PPA to cover 100% of its U.S. electricity use and 80% globally. The Mockingbird facility aims to produce electricity equivalent to 80,000 Texas homes, create jobs, and inject $215 million into the local tax base for economic development. Construction is set for January 2023, with completion in 2024. . . . . #solar #solarenergy #cleanenergy #commercialsolar #nationalsolarsolution

🌞💼 Empowering Solar Expansion: CIP Invests in Elgin Energy! 💡🍀 With a joint investment totalling GBP 250 million ($316.8 million) from CIP and Elgin's management, this strategic move positions Elgin as a fully integrated solar and storage company and an Independent Power Producer (IPP). 💰⚡ The infusion of capital will fuel Elgin's growth trajectory, enabling it to spearhead innovative solar projects and contribute to the global transition to clean energy. 🚀🌱 CIP's investment through its flagship fund, CI V, underscores its commitment to advancing renewable energy technologies worldwide, with a keen focus on Europe, North America, and the Asia-Pacific region. 💼💡 Nischal Agarwal, a partner in the CIP Flagship investment team, expressed confidence in leveraging CIP's expertise to bolster Elgin Energy's journey towards becoming a prominent IPP. 🌟🔄 🌐 Don't miss the full article for deeper insights into this game-changing collaboration - https://lnkd.in/dNTNnpbT #ConnectingGreenTalent #Renewables #CleanEnergy #Sustainability

Origis Energy Secures $317 Million Investment Boost from J.P. Morgan for Renewable Ventures - https://lnkd.in/dJpsGc2F Average reading time for this story is 2 minutesOrigis Energy, a prominent player in America’s renewable energy and decarbonization solutions sector, has announced a significant financial milestone. The company has successfully secured a $317 million project tax equity funding from J.P. Morgan. This substantial investment is earmarked for two utility-scale projects, including a solar and battery storage venture in Mississippi and a solar project in New Mexico. The first project, Escalante Solar, is a 200 MWac solar plant currently under construction in the southwest. Tri-State Generation and Transmission Association, along with its member electric cooperatives, are the key collaborators in […] #batterystorage #energystorage #energystoragesystem #ess #j.p.morgan #northamerica #origisenergy #renewableenergy #solarprojects #usa #energystorage #batteries #battery #cleanenergy #alternativeenergy #cleantech