Here are some noteworthy cleantech announcements of the day from around the world:
KPI Green Energy announced that it had received the commissioning certificate for the solar power project with a capacity of 5.2 MW in Gujarat. The project was commissioned for Devika Fibers under the captive power producer segment of the company. Gujarat Energy Development Agency granted the commissioning certificate.
Kredence Performance Materials, a wet-chemistry solution provider in the photovoltaic (PV) Industry, and RENA Technologies, a Germany-based wet-processing equipment manufacturer, are teaming up to supply additives for alkaline solar cell texturing. The companies plan to work together to offer the latest version of RENA monoTEX to the fast-growing photovoltaics market in India. The cooperation would allow a fast and stable supply chain for photovoltaic customers. Through this alliance, Kredence will strengthen its position as a first-tier and top-quality supplier of chemicals and materials for PV production in India.
JinkoSolar announced that it had forged a 50 MWh distribution strategic agreement for an energy storage system with Palette Business Solutions, a renewable energy firm. Palette will distribute JinkoSolar’s battery system units and LFP container storage system. Palette’s distribution network in Nigeria consists of resellers, installers, and a support team. With their ESS solutions in collaboration with Palette, JinkoSolar intends to bring new development opportunities to Nigeria and make renewable electricity accessible and affordable to every household and factory.
KGAL, a Germany-based asset management company, announced that it had received a green light for three large-scale solar power projects in Italy. The approved solar parks located in the Lazio region and Sicily will have a total output of approximately 380 MW. They will be successively connected to the grid from the first quarter of 2024. Together with other projects, KGAL is developing solar and wind parks with a total capacity of more than 1.2 GW in the Italian market. Institutional investors of the funds – KGAL ESPF 4 and KGAL ESPF 5, currently being marketed, will participate in these promising investments.
Octopus Energy Group’s generation arm, one of the largest investors in solar and wind energy in Europe, signed its first renewable generation deal in Germany, helping to boost the country’s energy security. Octopus Energy Generation’s fund management team will build ‘Gaishecke,’ a 35 MW onshore wind farm in Hessen, near Frankfurt. Construction will kick off in the next few weeks. The farm will become operational by the end of 2023. The ten wind turbines made by Vestas will generate almost 100 GWh, enough green energy to power nearly 40,000 households a year. This will offset nearly 60,000 tonnes of CO2 a year, the same as taking 30,000 petrol cars off the road. Octopus bought the wind farm construction rights from a consortium of sellers. It aims to ramp up its generation portfolio in Germany quickly, and its fund management team is already scoping out other sites. By 2030, the company plans to operate 1,200 MW of wind and solar farms across the country.
Satish Shetty is a Copy Editor with Mercom India. Prior to Mercom, Satish was a multimedia news producer at Reuters, where he gained experience in digital news media. Satish has his Bachelor of Arts (B.A.) degree in Broadcast Journalism from Limkokwing University of Creative Technology, Malaysia.
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