Daily News Wrap-Up: Tata Power Solar Commissions 160 MW Solar Project in Rajasthan

Enel launches £750 million single-tranche “Sustainability-Linked Bond” for institutional investors


Here are some noteworthy cleantech announcements of the day from around the world:

Tata Power Solar announced the commissioning of its 160 MW solar project at Jetstar, Rajasthan. Over 6,75,000 monocrystalline modules were used in this installation to produce 387 million units (Mus) of energy per year. The Jetstar project was completed within 15 months. The project order’s scope included engineering, design, supply, construction, erection, testing, operation, maintenance, and commissioning.

The European Investment Bank (EIB), Instituto de Crédito Oficial (ICO), and Iberdrola inked an agreement to support the decarbonization of Europe through green hydrogen production for industrial use. Iberdrola will receive €53 million (~$58 million) from the EIB and €35 million (~$38 million) from ICO, with both loans being certified as green financing. The funds will be used to develop a 100 MW solar photovoltaic project, a 20 MWh battery, and a green hydrogen production project in Puertollano, Spain. The project will generate around 160 GWh of electricity a year, equivalent to the annual power use of 48,000 Spanish households. The electrolyzer will be capable of producing 1,000 tons of green hydrogen per year.

Green Energy Oman (GEO) contracted Worley to support its proposed 25 GW green fuels megaproject in Oman. Worley will provide concept feasibility study services to develop and challenge GEO’s defined green hydrogen energy project. The project includes optimizing around 25 GW of wind and solar generation, transforming this renewable energy through electrolysis into green hydrogen, and the production, storage, and export of green ammonia. The overall project aims to produce over 1.8 million tons of low-carbon green hydrogen, which can then produce up to 10 million tons of green ammonia per annum, supporting the local economy and global market by exporting green ammonia to help other countries decarbonize their economies.

Car rental company Hertz and Swedish premium electric performance car maker Polestar announced a new global partnership to purchase up to 65,000 electric vehicles over five years. Availability is expected to begin in Spring 2022 in Europe and late 2022 in North America and Australia. For Hertz, the partnership is part of the company’s ongoing commitment to lead in electrification, shared mobility, and a digital-first customer experience. The partnership with Polestar builds on Hertz’s announcement last October to offer its customers the largest EV rental fleet in North America. In addition to making the fleet available to its business and leisure customers, Hertz is extending EVs to rideshare drivers to further accelerate electrification.