The renewable energy division of the Portuguese power company has concluded a $684 million deal with Canadian investment group Connor, Clark & Lunn Infrastructure for a wind and solar portfolio in the United States.
Brazil has installed around 3 GW of large-scale solar capacity, in addition to 4 GW in the distributed-generation PV segment.
Spanish developer Grenergy has secured a PPA from Colombian energy company Celsia for the supply of 120 GWh per year. The electricity will be provided by a solar park that will begin commercial operations in 2022.
The facility is expected to cover around 25% of the consumption of the Brilen / Novapet industrial complex, located in the Polígono Valle del Cinca de Barbastro, in the eastern Aragon province of Huesca.
Enagas and Naturgy are planning to build Spain’s largest green hydrogen plant. The facility will be located at a thermal power plant that Naturgy shuttered last year.
Through the transaction, Cubico acquired 47 operating assets with a capacity of 274 MW – including 167 MW of PV in Spain as well as 7 MW of solar plants in Italy –and a portfolio of solar projects under development of about 1.4 GW.
Through the procurement exercise, the Spanish government wants to allocate 1 GW of PV, 1 GW of wind and another gigawatt of renewable energy capacity with storage.
Solarpack was the winner of Ecuador’s latest tender, launched in July 2019, for the 200 MW El Aromo solar project. The facility will sell electricity to state-owned Corporación Eléctrica del Ecuador SA under a 20-year power purchase agreement.
The facility is now selling power to local distributors AES, Delsur, EDESAL and B&D at an average price of $ 49.55 under a 20-year PPA.
Portugal now has more than 1.03 GW of operational PV capacity, making solar its third-biggest renewable energy source behind hydropower (7.1 GW) and wind power (5.4 GW). However, PV remains the resource with the greatest growth potential in the country.
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