Daily News Wrap-Up: Vena Energy Secures JP¥14 Billion Green Loan for a Wind Project

Greenalia to build 410 MW solar farms in Andalusia

January 13, 2022


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

Renewable energy company Vena Energy secured a JP¥14.47 billion (~$125.4 million) green loan from Shinsei Bank to construct the Nakasato Wind Project. The project has an installed capacity of 46.8 MW and a grid capacity of 36 MW. The funding aligns with Vena Energy’s Green Financing Framework established in 2018 and the Shinsei Green Finance Framework formulated in May 2020. The Nakasato Wind Project is expected to achieve commercial operations in the first quarter of 2022 and consists of 13 wind turbines spanning an area of 24 hectares. The project will supply around 22,000 households with renewable energy annually. Compared to thermal energy generation, the Nakasato Wind Project will also reduce approximately 61,000 tons of greenhouse emissions while saving up to 87 million liters of water annually.

Independent renewable energy producer Greenalia is set to build 410 MW of solar farms in Andalusia. The company will invest close to 250 million (~$283 million) in developing the Guadame I-V, Zumajo I-II, and Marmolejo Solar I-II projects in the municipality of Marmolejo, Jaen province. Guadame and Zumajo projects will have a capacity of 50 MW, while Marmolejo projects will have an individual capacity of 30 MW. Once commissioned, these nine solar parks are expected to generate enough clean power to meet the energy demands of more than 164,000 homes and offset 15,000 tons of CO2 emissions.

KPI Global Infrastructure has bagged orders from Veekey Prints, Priyanshi Creations, and Navnidhi Dyeing and Printing Mills for executing solar power projects of 2.964 MWdc capacity under the captive power producer segment. The company will install 251 kW at Navnidhi Dyeing and Printing Mills and 1.206 MWdc Priyanshi Creations; the rest of 1.507 MWdc will be installed at Veekey Prints. The company had bagged an order from Anupam Rasavan to execute solar power projects of 12.50 MWdc capacity under the captive power producer segment.

German renewables developer ENERPARC and French hydrogen producer Lhyfe are set to produce 1,200 kg of green hydrogen per day from solar power in Brandenburg. As part of the cooperation, Lhyfe is building a 5 MW electrolyzer in Luckau, Brandenburg, powered with electricity from a 20-MW solar plant owned by ENERPARC. Production is scheduled to start in late 2023, and the green fuel will then be supplied to the industry, transport companies, filling stations, and municipalities in the region.