Month: April 2024

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News

Powering Up: Enfinity Scores Big With $195m For Japan PV Array Project

Norbida UK News
Fueling the Future! Exciting news as our developer secures a long-term financing package for our operational 70MW Aomori solar power plant. Ready to shine brighter than ever [Image: Enfinity Global]

Empowering Japan’s Green Revolution: Enfinity Global’s $195m Boost for Aomori Solar Plant 

Enfinity Global has just secured a whopping $195m (¥29bn) in long-term financing for its operational 70MW Aomori solar power plant in Japan. This massive investment, with Nomura Securities International and Aozora Bank leading the charge, marks a significant step towards Japan’s ambitious carbon-neutral goals by 2050.

Situated in the scenic Aomori Prefecture in northern Japan, this state-of-the-art solar plant is poised to generate over 75GWh of clean energy annually. That’s enough to power 11% of Aomori City’s residential energy needs or approximately 15,600 households, while also slashing 35,000 tons of CO2 emissions each year.

Carlos Domenech, Enfinity Global’s CEO, expressed the company’s dedication to Japan’s carbon-neutral vision, emphasizing their role as a long-term investor committed to sustainable progress.

Nomura’s Vinod Mukani echoed this sentiment, highlighting the tailored financing solution designed to support Enfinity Global’s impactful contribution to Japan’s clean energy transition.

And let’s not forget Aozora Bank’s commitment to financing renewable energy projects, underscoring the collective effort towards a carbon-free economy.

This milestone not only showcases Enfinity Global’s commitment to clean energy but also reflects a broader industry shift towards sustainable practices. Stay tuned as we witness Japan’s journey towards a greener, more sustainable future! 🌿💡 #CleanEnergy #Sustainability #GreenRevolution”

 

 

 

 

 

 

 

Credit: [Image: Enfinity Global]

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Sonnedix Shines Bright: Refinancing Its Radiant Japanese PV Portfolio

Norbida UK News
Powering Up: Securing Funds for 8 Projects with 18MW Combined Capacity [Image: Sonnedix Japan]

Empowering Japan’s Solar Future: Sonnedix’s Game-Changing Refinancing Move

Sonnedix Japan has just executed a strategic refinancing maneuver that’s set to reshape the solar landscape in Japan.

In a groundbreaking move, Sonnedix has successfully secured financing for eight high-voltage solar projects, boasting a collective capacity of 18MW. This significant development marks Sonnedix’s inaugural portfolio financing in Japan, promising enhanced efficiency and operational excellence for its solar PV assets across the country.

The financing, valued at JPY5,295m (€33m), is the result of collaborative efforts with leading lenders MUFG Bank and The Iyo Bank. This infusion of capital not only bolsters Sonnedix’s financial stability but also underscores its commitment to sustainable energy solutions.

With a robust portfolio comprising 25 PV projects and a controlled capacity of approximately 495MW, Sonnedix is a key player in Japan’s renewable energy sector. Axel Thiemann, Sonnedix’s CEO, expressed his excitement, stating, “This refinancing reflects our unwavering dedication to optimizing operations and advancing clean energy initiatives. We’re proud to contribute to Japan’s decarbonization goals and look forward to continued success in the renewable energy landscape.  #SolarInvestment #SolarPower #RenewableEnergy #Sustainability #PortfolioRefinancing #CleanEnergy #JapanRenewables #SolarPV #Decarbonization RenewableEnergy #GreenFinance

 

 

 

 

 

 

Credits: [Image: Sonnedix Japan]

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Power Surge: Low Carbon Ventures Into Germany’s Thriving Solar Market

Norbida UK News
Breaking Ground: Developer's 400MW Pipeline Powers Up with 63MW Solar Project Set for 2025 Construction [Image: Unsplash/Sungrow]

Powering Up: Low Carbon Energizes Germany’s Renewables Market with 400MW Solar Surge

Low Carbon, a leading developer based in the UK, is making waves in Germany’s renewable energy landscape with ambitious plans for a robust solar pipeline exceeding 400MW. This expansion marks a significant move towards accelerating the country’s transition to clean energy.

The first project in this stellar lineup is the Weißholz (Whitewood) solar farm, strategically located in Brandenburg’s Wusterhausen region. With an impressive peak capacity of 63MW, this project is set to break ground in 2025, following recent approval from local authorities. The project’s development journey is a testament to Low Carbon’s commitment to navigating environmental considerations and zoning regulations seamlessly.

Beyond solar, Low Carbon is exploring avenues in wind and storage projects, diversifying its portfolio and contributing to Germany’s renewable energy ambitions. Headed by Murad Can, the company’s German operations are poised to play a pivotal role in driving Europe towards climate neutrality.

Ian Larive, Managing Director of Investments at Low Carbon, expressed enthusiasm about the venture, stating, “Our growth plans in the German renewables market are a crucial step in advancing the energy transition. With a proven track record in utility-scale renewables, we are poised to be a catalyst for Europe’s climate goals.”

Echoing this sentiment, Murad Can emphasized the vast potential in Germany’s renewables market and the company’s progress with the flagship Weißholz (Whitewood) project. “We’re thrilled about the momentum and look forward to expanding our pipeline to meet the nation’s ambitious solar and wind targets by the 2030s,” Can added.

With Low Carbon’s strategic vision and commitment to sustainable energy solutions, the future of Germany’s renewables sector looks brighter than ever. Stay tuned for more groundbreaking developments as we drive towards a greener tomorrow! #RenewableEnergy #SolarSurge #ClimateAction

 

 

 

 

 

 

 

Credit: [Image: Unsplash/Sungrow]

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Macquarie Secures Green Power Gold: PV, Wind, And Storage Portfolio Acquisition

Norbida UK News
Global Power Play: Macquarie's Mega-Deal Spans 6 Continents for a Green Future [Image: Cameron Venti]

Macquarie’s Green Power Gamble: Acquiring 17GW of Global Clean Energy Solutions

Macquarie Asset Management’s bold move to acquire a diverse portfolio of solar, wind, energy storage, and climate solutions projects across continents is a game-changer in the green energy sector. The six companies and projects, spanning the Americas, Asia-Pacific, and Europe, bring a staggering 17GW of green energy capacity into focus, signaling a significant step towards a sustainable future.

This strategic acquisition, nurtured by Macquarie’s Green Investments team since 2018, showcases their commitment to driving the green transition forward. With investments incubated on Macquarie Group’s balance sheet and supported by key clients like UniSuper, LGPS Central, and Border to Coast Pensions Partnership, the portfolio is poised to make a substantial impact.

Head of core renewables at MAM Green Investments, Edward Northam, emphasizes the portfolio’s alignment with national targets and policies, highlighting its role in accelerating the global shift towards clean energy solutions. Macquarie Asset Management’s broader support for over 90GW of green energy projects further solidifies their position as a leader in sustainable investments.

Stay tuned as Macquarie’s green power journey unfolds, paving the way for a greener and more resilient planet! #GreenEnergyRevolution #SustainableInvestments #CleanEnergyFuture

 

 

 

 

 

 

 

Credit: [Image: Cameron Venti]

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Shining Partnership: Ib Vogt And Apple Illuminate Spain With Solar Power Pact

Norbida UK News
Powering Progress: Get Ready for the Bright Spark! Our 134MW Castano PV Project in Segovia is Set to Shine by December 2024 [Image: Ib Vogt]

Renewable Energy Brightens the Horizon: Ib Vogt Teams Up with Apple for 134MW Solar Power in Spain’s Segovia Province

Exciting news in the world of renewable energy as Ib Vogt and tech giant Apple join forces for a groundbreaking solar project in Segovia, Spain. The Castano solar plant, part of Ib Vogt’s ambitious renewable portfolio, is set to shine bright with a capacity of 134MW, providing clean, sustainable power.

Scheduled for full operation by December 2024, the Castano project marks a significant step towards a greener future. Ib Vogt’s comprehensive approach includes not just power provision but also conservation initiatives. From reforestation efforts to protected habitats for local wildlife, every step is taken to ensure environmental harmony.

The project’s cutting-edge technology, featuring bifacial solar panels on a single-axis tracker system, maximizes energy production while minimizing its carbon footprint. Ib Vogt’s CEO, Anton Milner, emphasizes Spain’s growing role in the solar energy landscape and highlights the importance of corporate partnerships like this PPA with Apple.

With over 4.3GW of PV power plants globally and a robust pipeline of future projects, Ib Vogt is leading the charge towards a cleaner, brighter tomorrow. Stay tuned for more updates on this exciting journey towards sustainable energy solutions! #RenewableEnergy #SolarPower #GreenTech #CleanEnergyFuture

 

 

 

 

 

 

 

Credit: [Image: Ib Vogt]

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European Energy Breaks Ground On Swedish Solar Project

Norbida UK News
Tingsryd's Solar Marvel Adds Spark to Hybrid Renewables Park [Image: European Energy]

Green Innovation Takes Root: European Energy’s Hybrid Renewable Park in Tingsryd

European Energy is breaking ground on a groundbreaking project in Tingsryd, Sweden, where a new solar farm is sprouting up alongside an existing wind farm. This strategic move not only optimizes land use but also ensures a more stable and efficient energy output.

The solar farm, set to shine by the end of 2024, covers 49 hectares and is a testament to sustainable development. Land preparation, including eco-friendly practices like using local materials and engaging local contractors, is already in full swing.

Peter Braun, European Energy’s Sweden manager, emphasizes the symbiotic relationship between solar and wind energy, highlighting their complementary nature in providing continuous power throughout the day and year.

But this project isn’t just about power; it’s also about preserving nature. European Energy is taking steps to enhance biodiversity, from creating amphibian-friendly ponds to installing birdhouses and insect hotels. There’s even talk of introducing grazing sheep to the park!

As spring approaches, the next phase kicks in: installing the solar panels. Stay tuned as European Energy continues to innovate and grow a greener future in Tingsryd. #GreenEnergy #RenewableRevolution #SolarAndWind #SustainableSweden

 

 

 

 

 

 

 

Credit: [Image: European Energy]

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Shining Bright: Gransolar Energizes 125MW Solar Project In Australia’s Oz Power Sector!

Norbida UK News
Sunrise in Queensland: Witness the Power Unleashed by Darling Downs' Solar Array, a Vital Component of the 1GW Wandoan South Project! [Image: Gransolar]

Shining Bright: Gransolar and Vena Energy Light Up Queensland with 125MW Solar Project!

In the sun-kissed lands of Queensland, Australia, a new era of renewable energy has dawned with the completion of the Amazon Solar Project – Wandoan. This 125MW marvel is not just a project; it’s a significant step towards a greener future, forming a vital part of the ambitious 1GW Wandoan South Project.

Situated amidst the picturesque Darling Downs region, known for its vast beauty and natural abundance, the Amazon Solar Project – Wandoan is a beacon of sustainability. It adds a powerful thrust to Queensland’s renewable energy journey while providing clean, green power to local communities.

Gransolar and Vena Energy joined forces to bring this vision to life, commencing construction in May 2022. In just one year, the project soared to 99% completion, a testament to their dedication and expertise.

Owen Sela, Head of Australia at Vena Energy, emphasized the project’s impact on the local community, creating over 200 jobs and actively involving local talents. This inclusive approach not only fuels economic growth but also fosters a sense of ownership and pride among locals.

Jose Miguel Plaza, country manager of Gransolar in Australia, expressed immense pride in this milestone, highlighting Australia’s green transition and Queensland’s pivotal role in it. With the Amazon Solar Project – Wandoan now operational, Gransolar has contributed significantly to Australia’s Renewable Energy Target, showcasing their commitment to a sustainable future.

As the sun sets on traditional energy sources, projects like the Amazon Solar Project – Wandoan shine as beacons of hope, illuminating the path towards a cleaner, brighter tomorrow for Queensland and beyond. #RenewableEnergy #SolarPower #GreenTransition #Queensland #WandoanSouthProject #SustainableDevelopment #CommunityEngagement #CleanEnergyJobs #AustraliaRenewables #Gransolar #VenaEnergy #AmazonSolarProject

 

 

 

 

 

 

 

Credits: [Image: Gransolar]

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Solar Power Unleashed: PNE’s 240MW South African Project Finds A New Home

Norbida UK News
Breaking Ground: NOA Group Ventures into Free State with Khauta Project Acquisition! [Image: PNE]

Powering Progress: PNE’s 240MW Solar Project Sold to NOA Group in South Africa’s Khauta Venture

PNE, a leading player in renewable energy solutions, has just sealed a major deal with South African energy giant NOA Group. The Khauta solar project, set to bloom in Free State province, represents a significant leap towards cleaner, sustainable power in the region.

As Markus Lesser, PNE’s CEO, puts it, “Our partnership with NOA is a step towards a greener, more secure energy future. South Africa’s dynamic market offers immense potential for clean energy, and we’re proud to be part of this transformative journey.”

For NOA Group, the Khauta project marks a pivotal entry into large-scale solar ventures, a move geared towards addressing South Africa’s energy challenges head-on. Karel Cornelissen, NOA’s CEO, expresses enthusiasm, stating, “We’re committed to bridging the energy gap and driving meaningful change in the region.”

With projects like Khauta, PNE continues its legacy of innovation and impact in South Africa’s renewable energy landscape, paving the way for a brighter, sustainable tomorrow. Stay tuned for more updates on their green energy endeavors! #RenewableEnergy #KhautaSolar #SustainableFuture

 

 

 

 

 

 

 

Credits: [Image: PNE]

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Anchored Innovation: Bekaert’s Mooring Analysis Revolutionizes Dutch Solar Floaters

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Charting a New Dawn: 5MW Nautical Sunrise Project Pioneers Floating PV and Offshore Wind Integration [Image: SolarDuck]

Setting Sail for Innovation: Bekaert Powers Cutting-Edge Offshore Floating Solar Project

In the vast expanse of renewable energy, Bekaert has embarked on a groundbreaking voyage, playing a pivotal role in the Nautical Sunrise project. This ambitious endeavor is poised to revolutionize the integration of offshore floating solar with wind power, marking a significant leap forward in sustainable energy solutions.

At the helm of innovation, Bekaert has been handpicked to provide critical mooring solution analysis for one of the largest offshore floating solar projects to date. The Nautical Sunrise project is not merely a demonstration but a catalyst for large-scale deployment and commercialization of these innovative systems.

Led by the visionary consortium including Dutch Marine Energy Centre (DMEC), SolarDuck, RWE, and other esteemed partners, the 5MW Nautical Sunrise project will showcase the seamless fusion of floating PV technology with offshore wind infrastructure.

With RWE’s backing and strategic location within the OranjeWind wind farm off the Dutch coast, the project is set to redefine energy integration, efficiency, and sustainability. Bekaert’s expertise in floating offshore wind systems uniquely positions it to evaluate and optimize mooring solutions, ensuring the reliability and performance of offshore floating PV arrays.

This collaboration underscores a commitment to environmental stewardship, circularity, and lifecycle sustainability. Beyond the demonstrator phase, the consortium’s vision extends to GW-scale commercial projects, fostering a holistic understanding of offshore solar’s ecological impact.

“We are charting new waters in renewable energy, assessing not just the technological aspects but also the environmental footprint and long-term viability,” remarked Christof Dewijngaert, Bekaert’s general manager for synthetics. “Our focus on mooring solutions and load reduction devices will pave the way for robust and cost-effective offshore solar systems.”

As the Nautical Sunrise project navigates uncharted territories, it represents a beacon of hope for a greener future. With a consortium of industry leaders and innovators, this initiative is a testament to collaborative ingenuity and a commitment to sustainable progress in the energy landscape. #Bekaert #FloatingSolar #NauticalSunrise #OffshoreRenewables #SolarEnergy #RenewableEnergy #SolarDuck #RWE #OffshoreWind #Sustainability #Innovation #MooringSolutions #PVSystems #GreenTechnology #CleanEnergy #EnvironmentalImpact #OffshoreSolar #SolarPower #EnergyTransition #ResearchAndDevelopment #TechnologyIntegration

 

 

 

 

 

 

 

Credit: [Image: SolarDuck]

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Nuveen’s South Korean Solar Venture Seals A Bright PPA Deal

Norbida UK News
Hyundai E&C Sparks Sustainable Growth: Embracing Renewable Energy Certificates Through Innovative Virtual Power Purchase Agreement! [Image: Unsplash/Gabriel]

Empowering a Green Future: Nuveen-SK Eternix JV Teams Up with Hyundai E&C in a Renewable Energy Milestone

In a groundbreaking move towards sustainability, the joint venture between Nuveen Infrastructure and SK Eternix has forged a powerful partnership with Hyundai Engineer & Construction (Hyundai E&C) for solar projects in South Korea. This collaboration marks a significant step towards cleaner energy practices and a greener future.

The power purchase agreement (PPA) between the JV and Hyundai E&C paves the way for the sale of all Renewable Energy Certificates (RECs) generated by the solar projects to Hyundai. This innovative approach, conducted through a virtual PPA, ensures a sustainable balance between market power prices and fixed contract rates.

With a 25-year sale period or until project completion, this agreement signifies a long-term commitment to renewable energy initiatives. It also aligns with Hyundai E&C’s goals under the RE100 initiative, aiming for 100% renewable electricity.

Francesco Cacciabue, Nuveen Infrastructure’s global head of clean energy investments, expressed enthusiasm for driving South Korea’s clean energy transition. This partnership not only strengthens the JV’s position but also sets the stage for future collaborations in the renewables sector.

The Nuveen-SK Eternix joint venture, established in late 2022, is geared towards developing, constructing, and operating 80MW of solar projects. With SK Eternix’s expertise and Nuveen Infrastructure’s investment prowess, the JV is poised to make a substantial impact in advancing clean energy solutions.

Stay tuned as this dynamic partnership leads the way towards a more sustainable and environmentally-conscious energy landscape in South Korea and beyond! 🌞💚 #RenewableEnergyLeaders #GreenPartnerships #SustainableFuture

 

 

 

 

 

 

 

Credit: [Image: Unsplash/Gabriel]