"We, therefore, believe that the combination of our renewable capacity and the size of our investment makes us the leader among all global companies in the effort to produce cheap green electricity and green hydrogen." -- Gautam Adani, Adani Group Chairman, Jan., 2022
India's Adani Group wholly-owned subsidiary, Adani New Industries Ltd, plans to develop and operate projects for the synthesis of low carbon fuels and chemicals, low carbon electric power generation and the manufacture of key components/material for green hydrogen related downstream products, wind turbines, solar modules, batteries, electrolyzers and others.
Adani Group companies include Adani Green Energy Ltd (AGEL), the world's largest solar power developer, is targeting 45 GW of renewable energy capacity by 2030 and will invest $20 billion to develop a 2 GW per year solar manufacturing capacity by 2022-23. Adani Transmission Ltd (ATL), the country's largest private sector power transmission and retail distribution company, is looking to increase its share of renewable power procurement from the current 3 pct to 70 pct by FY 2030. (Source: Adani Group, Jan, 2022) Contact: Adani Group, Adani Green Energy, +91-79-2656 5555, firstname.lastname@example.org, www.adanigreenenergy.com
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With this acquisition, Adani's operational project capacity will reach 5.4 GW, with a total portfolio of 19.8 GW. As previously reported, the company recently raised $750 million through a green bond to fund the equity for its under construction projects. (Source: Adani Green Energy, PR, 30 Sept., 2021)
Contact: Essel Green Energy Ltd, www.nrgedge.net/company/essel-green-energy-private-limited; Solar Energy Corporation of India, www.seci.co.in
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The Global Alliance for Sustainable Energy founding members include: 3M, Adani Green Energy Ltd., EDP, Eletrobras, Enel Green Power, Global Solar Council, Global Wind Energy Council, Goldwind, Iberdrola, JA Solar, Nordex Group, NTPC Limited, Politecnico di Milano, Politecnico di Torino, ReNew Power, Risen Energy and Trina Solar. (Source: Acciona, Nordex Joint PR, Global Alliance for Sustainable Energy, 16 Sept., 2021) Contact: Global Alliance for Sustainable Energy, www.theglobalalliance.com
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The acquisition, which is subject to the customary approvals and conditions, helps AGEL raise its operating renewable capacity to 3,395 MW with a total renewable portfolio of 14,865 MW including under-construction and awarded projects.
Adani Green Energy Ltd., which develops, builds, owns, operates and maintains utility-scale grid-connected solar and wind farm projects, reports it raised $1.35 billion from 12 top global banks in funding for its under-construction renewable asset portfolio that Adani aims to grow to 25 GW by 2025. (Source: Adani Green Energy Ltd., PR, Hindu Business, 20 Mar., 2021) Contact: Adani Green Energy Ltd. , Vneet Jaain, MD & CEO , Tel : +91 79 2656 5555 ,
Fax : +91 79 2555 6490,
www.adanigreenenergy.com; SkyPower Global, (416) 979 4625, email@example.com, www.skypower.com
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With this project, Adani Green's total renewable energy project capacity stands at 14,795 MW -- 2,950 MW operational and 11,845 MW under implementation, according to the company. (Source: Adani Green Energy, PR, 2 Jan., 2021) Contact: Solar Energy Corporation of India, firstname.lastname@example.org, www.seci.co.in; Adani Green Energy, +91-79-2656 5555, email@example.com, www.adanigreenenergy.com
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PEA also heads up Bright Solar Futures, a workforce development program aimed at establishing the nation's first Solar Energy Career and Technical Education (CTE) program, with U.S. DOE support and PECO utility sponsorship.
The Philadelphia Energy Authority (PEA) is an independent municipal authority created in 2010 to advance clean and affordable energy goals for the City. PEA has facilitated over $100 million in clean energy projects in Philadelphia since 2017, creating more than over 1,000 jobs. PEA’s $1 billion Philadelphia Energy Campaign, which launched in 2016, will create 10,000 jobs by 2026 through the implementation of clean energy and energy efficiency projects. (Source: Philadelphia Energy Authority, PR, 14 Aug., 2020)
Contact: Philadelphia Energy Authority, www.philaenergy.org; Solarize Philly, www.solarizephilly.org
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Statkraft Plans Berry Burn Wind Farm Expansion (Int'l. Report)
Norwegian state owned Statkraft AS reports it is seeking Scottish government approval to expand its 66.7-MW Berry Burn wind farm in Moray, Scotland to 104.5 MW with nine additional turbines totalling 37.8 MW.
The additional turbines are expected to generate 139.1 GWh of electricity per year, or enough to supply over 35,500 homes. The 29-turbine Berry Burn wind farm originally came online in 2014. (Source: Statkraft, PR, Renewables, 18 Aug., 2020)
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Azelio Announces Masdar Renewable Energy Storage Project (Intl. Report)
Gothenburg, Sweden-headquartered global engineering firm Azelio AB reports along with Masdar and Khalifa University its will install a verification project in Abu Dhabi in Q3 2020 to evaluate Azelioâ€™s renewable energy storage technology for inclusion in the Masdar product portfolio for current and future renewable energy projects.
The evaluation project will be set up and installed by ALEC Energy, the solar business division of ALEC Engineering and Contracting LLC, part of the Investment Corporation of Dubai.
Azelio and ALEC Energy have signed an MoU, covering a collaboration over 49MW installed capacity of Azelioâ€™s energy storage until 2025. (Source: Azelio, Middle East Technical Review, 18 Aug., 2020)
Contact: Azelio, Jonas Eklund, CEO, +46 709 40 35 80, firstname.lastname@example.org, www.azelio.com
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Dominion Energy Snares 62.5MW Virginia Solar Project (M&A, Ind. Report)
In the Old Dominion State, Richmond-based Dominion Energy is reporting acquisition of a 62.5-megawatt solar power project in Orange County from Cypress Creek Renewables . The facility is expected to go online in 2022.
Falls Church-based Northrop Grumman Corp. will purchase the facility's renewable energy from the grid to power its operations. (Source: Dominion Energy, PR, 17 Aug., 2020)
Contact: Dominion Energy, Robert Blue, Exec. VP, . Cypress Creek Renewables
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The wind farm is expected to be commissioned and online in September 2021. (Source: Siemens Gamesa, Renewables, 17 Aug., 2020) Contact: Adani Green Energy, +91-79-2656 5555, email@example.com, www.adanigreenenergy.com;
Siemens Gamesa Renewable Energy, www.siemensgamesa.com
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The first 2 GW of solar generation capacity will be commissioned by 2022. The project will be in various locations, including a 2 GW single-site generation project, the company said. (Source: Adani Green Energy Ltd., AgMetal Miner, 17 June, 2020) Contact: Adani Green Energy, +91-79-2656 5555, firstname.lastname@example.org,
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As a part of the award, AGEL will develop 8 GW of solar projects at various locations as well as establish 2 GW of additional solar cell and module manufacturing capacity no later then 2022. The award will entail a single investment of $6 billion and displace 900 million tonnes of CO2 over its lifetime.
With this win, AGEL will now have 15 GW capacity in operation, under construction or under contract.
(Source: Adani Green Energy Ltd., Website, Equity Bulls, 9 June, 2020) Contact: Adani Green Energy Ltd., +91-79-2656 5555, email@example.com, www.adanigreenenergy.com; Solar Energy Corporation of India, www.seci.co.in
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AGEL is one of India's largest renewable energy companies with a current project portfolio of 5,290 MW at 64 locations spread across 11 states. The company plans to become a 15,000 MW renewable energy generator by 2025. (Source: Adani Green, Business World, 22 Oct., 2019) Contact: Adani Green Energy, +91-79-2656 5555, firstname.lastname@example.org, www.adanigreenenergy.com
More Low-Carbon Energy News Adani Green Energy, Wind,