Solar developer | November 18, 2020
The AES Corporation reported a concurrence with Alberta Investment Management Corporation (AIMCo) to consolidate the sPower advancement stage, a free U.S. sun based engineer, with AES's U.S.- based clean energy advancement business. AES's completely claimed clean energy improvement business incorporates AES Distributed Energy and a breeze advancement group earlier piece of Advance Energy.
As states, networks and associations make duties and arrangement to lessen their carbon impressions, renewables are on target to be the quickest developing wellspring of power age in the U.S. in 2020.
“We share our customers’ commitments to a more sustainable energy future. Together, we can create a safe, resilient and carbon-free grid,” said Andrés Gluski, president and CEO of AES. “The merger of sPower with AES’ clean energy business will benefit customers by providing access to a broader portfolio of product offerings as well as an expanded highly skilled and experienced team to drive innovation at scale.”
The merged renewables platform will bring together sPower’s and AES’ differentiated capabilities in solar, wind and energy storage to accelerate customers’ energy transitions.
“sPower has been one of our key infrastructure platforms since our initial investment made in partnership with AES in 2017,” sai Kevin Uebelein, CEO of AIMCo. “Our experience working with AES has shown that they are a world leader in delivering on customers’ sustainable energy needs, and the formation of this new renewables platform in the U.S. will take that capability to an even higher level. On behalf of our clients and consistent with our investment mandate, we are excited about the value the next phase of our partnership will bring to our many stakeholders.”
Future projects developed from the combined 12 GW development pipeline will be owned 75% by AES and 25% by AIMCo, leveraging the partnership with sPower. Although there is no change in ownership of operating assets and backlog, the newly formed platform will manage the 2.5 GW of operating assets and the existing 2.6 GW contracted backlog. The transaction is expected to close in the next few months upon successful completion of customary closing conditions.
“This platform will bring tremendous value to our customers as they pursue their business objectives and climate commitments,” said Leo Moreno, AES Clean Energy president. “Our expanded portfolio of innovative solutions based on cutting-edge technologies will enable us to work together with our customers to power their energy transitions while making a carbon-free future possible.”
Aberdeen Renewable Energy Group | January 21, 2021
Aberdeen Renewable Energy Group (AREG) and the European Space Agency (ESA) have marked a notice of purpose (MoI) to examine, create and actualize space-empowered technology and administrations to help the renewable energy area.
Under the MoI, the associations will cooperate to cultivate the improvement of space-using applications to help technical and business advancement in the renewables area.
They will likewise assess natural maintainability of energy creation and security of activities.
AREG seat Jean Morrison stated: "This concurrence with ESA will take a gander at the inventive technologies being produced for space exercises and how we can utilize these learning and advancements to quicken the improvement of renewable activities.
"We expect that collaborating with organisations such as ESA will bring fresh ideas and initiatives for our members as we continue to champion the energy supply chain to enable the transition to low carbon to achieve net zero emissions."
ESA Space Solutions head of partner-led and thematic initiatives section Rita Rinaldo said: "ESA is strongly positioned to support the implementation of innovative services relying on space assets to support the renewable sector in Europe and beyond.
"We are very pleased of this cooperation with AREG that will allow us to further develop initiatives in support to green transition and create new opportunities for sustainable services."
ESA Space Solutions aims at arriving at business abuse of space resources, information and capacities tending to brooding, demonstrating technical practicality and business advancement.
This incorporates the advancement of operational administrations for a wide scope of clients through the blend of various frameworks, and backing in making practical organizations just as to existing organizations.
AREG was established in 2003 to help firms looking for development inside the renewables area.
It gives occasions to guide admittance to a portion of the business' biggest engineers through its occasions.
Risen Energy | August 23, 2021
Risen Energy has expanded its 10-year renewable power purchase agreement (PPA) for their Merredin Solar Farm from 20MW to 50MW of electricity to BHP's Nickel West operations.
Commencing on 1st August, the additional 30MW will be directed to BHP Nickel West's Kalgoorlie Smelter and reduce the smelters Scope 2 emissions by 30%. This follows the initial 20MW which will be directed to BHP Nickel West's Kwinana Refinery and will cover up to 50% of its electricity use with solar power generated by Risen Energy's Merredin Solar farm.
BHP Nickel West Asset President, Jessica Farrell said, "Increasing our offtake from 20 to 50 per cent from the Risen solar farm will enable us to reduce our emissions from electricity use at the Kalgoorlie Nickel Smelter by 30 per cent. This is another example of the steps we are taking to reduce emissions across our operations - 30 per cent by 2030 and net zero by 2050. Sustainable low carbon nickel is essential for our battery and electric vehicle customers."
Eric Lee, Risen Energy Australia's Executive Director, said: "We appreciate the trust BHP Nickel West has placed in us and Merredin Solar Farm and we are grateful for the opportunity to further provide clean energy for their operations. This collaboration demonstrates Risen's position as an industry-leading solar energy solutions provider and it is also a significant step for us as we work towards establishing more clean energy collaborations with reputable organisations committed to Australia's efforts to decarbonise".
Mr Lee added that Risen has a few projects in the pipeline and that the organisation is well on track to achieve their goal of being a leading developer in solar and battery energy storage solutions. As part of this goal and also their long-term goal of achieving '2GW' in Australia, Risen has been developing and improving their in-house expertise to respond to the evolving needs of the market and improvements in technology, especially in relation to hybrid solar and BESS projects.