UK battery energy storage acquisitions heating up
About 550 MW of battery energy storage systems (BESS) deals have been signed in the United Kingdom over the past few days. Most recently, Masdar acquired London-based storage developer Arlington Energy.
The weekend read: Central Asian solar on the rise
Utility-scale solar is stirring in the region, with support from development banks. Following a series of competitive auctions, PV projects have been commissioned and are under development in Uzbekistan and Kazakhstan. In the latter nation, corporate interest in distributed, small-scale renewables is growing but for further market uptake, additional incentives should be introduced, practitioners say.
Greece rolls out new policy, tenders as UAE eyes investment opportunities
Greece and the United Arab Emirates signed new cooperation agreements this week, including deals focused on renewable energy. The Greek government also introduced a new draft law for energy storage and floating solar, as well as new licensing regime, while noting plans for new renewable power auctions.
Quantum Power Asia, ib vogt propose 3.5 GW solar-storage project in Indonesia
Quantum Power Asia and ib vogt have set up a new partnership to build a 3.5 GW solar-plus-storage facility in Riau, Indonesia. The developers say the proposed $5 billion project could export solar electricity to Singapore by 2032.
Masdar wants 200GW of renewables capacity
The state-owned UAE clean power developer appears to have quadrupled its previously announced ambition today as it announced its $20 billion renewables portfolio rose from 10.7GW to more than 15GW last year.
Masdar-EDF joint venture bid for more independence
The Emerge operation established by the two companies operates on-site solar panels for companies in the UAE and Saudi Arabia.
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.
Uzbekistan flicks switch on 100 MW Nur Navoi solar plant
The new facility is the first of almost 1 GW of solar generation capacity Emirati developer Masdar is working on bringing to fruition in the Central Asian nation.
Work begins on 145 MW floating solar plant in Indonesia
South-East Asia’s biggest floating PV installation is under construction by Masdar and Indonesian energy company PT PJB. The two companies secured a PPA for the project with state electricity company Perusahaan Listrik Negara (PLN) in January 2020. The agreed tariff is $0.0581/kWh.
Masdar secures deal to develop ‘Armenia’s biggest utility scale solar project’
The UAE-based, state-owned renewables company had its original suggestion of a $0.0299/kWh price for the solar power generated refused by Yerevan, with the government putting the project out to a competitive tender. Masdar has won the bidding, but at a reduced energy tariff.
