Singapore sovereign wealth fund backs Australian green hydrogen developer
The InterContinental Energy company behind two proposed green hydrogen megaprojects in Western Australia – the 26GW Asian Renewable Energy Hub and the 50GW Western Green Energy Hub – has received the backing of Singapore’s US$744 billion sovereign wealth fund GIC.
Masdar, partners eye solar exports from Indonesia to Singapore
Masdar will explore the development of 1.2GW of solar and potential storage projects in Indonesia for export to Singapore.
Eurazeo acquires 80% stake in Ikaros Solar
Through this operation, the French investment firm wants to help Ikaros Solar further develop its 300MW solar project pipeline.
Baywa re wraps up major virtual PPA with Finnish packaging giant
The German clean power company and Huhtamaki have signed a 10-year deal that will ensure the construction of two solar farms in southern Spain with an aggregate generation capacity of around 135 MWp.
Plans for EV battery raw material supply in Iberia
The partners behind a JV aiming to develop a lithium conversion factory in Portugal say Iberia could supply enough geological feedstock spodumene to produce 700,000 EV batteries per year, starting in 2026.
Lithuanian module maker says European and US clients moving away from Chinese supply chain
Vilnius-headquartered Solitek is preparing to ramp its output next year on the back of rising orders in Scandinavia, and says its new partnership with New York-based Convalt Energy will reduce its dependence on Asian semiconductors and solar cells.
Jinko and Tongwei strengthen supply chain tie-up
The former has committed to invest more than $70 million into a 100,000-ton polysilicon production line in Leshan that will then supply it with 30,000 tons of its output annually.
Nexwafe closes financing round with €32 million
Innovative solar wafer company Nexwafe has closed its latest financing round with €32 million. The round was lead by the Indian group Reliance, which contributed €25 million to the round. The Freiburg-based wafer manufacturer intends to use the funds to drive forward the production and commercialization of its kerfless PV wafers.
Bangladesh issues EPC tender for 60 MW PV project
Bangladesh has floated an international tender seeking engineering, procurement, construction and commissioning services for a 60-MW solar power plant in north-western Pabna district.
Re-Source 2021: Q&A with Iron Mountain’s Chris Pennington
US data management company Iron Mountain has a growing portfolio of onsite and PPA renewables, and it’s one of the first major corporate firms to track its renewables by the hour as part of an innovative PPA that may serve as a forerunner for widespread 24/7 matching.
