Province Resources has signed a memorandum of understanding with French renewable energy developer Total Eren, which could see the two companies have equal shares in Province’s HyEnergy Zero Carbon Hydrogen project proposed in northwest Western Australia.
The renewable energy unit of the Total group expects to energize two solar parks next year.
Developer Eden Renewables India won the project, currently under construction in Rajasthan, in a Solar Energy Corporation of India (SECI) auction.
Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.
French energy giant Total called the 50:50 joint venture a “first significant step” into the U.S. utility-scale solar market.
The two French energy giants have announced a partnership agreement to develop, build and operate the Masshylia project – a 40 MW electrolyzer coupled with solar parks at the Total biorefinery in Châteauneuf-les-Martigues, in the southern region of Provence-Alpes-Côte d´Azur.