November top news stories

NextEra Energy divests nearly 3GW of its power generating assets for $1.59bn


NextEra Energy Resources signed an agreement to divest two of its natural gas-fired power plants in the state of Texas for approximately $1.59bn.

Affiliate of Energy Future (EFH), Luminant, and its deal with NextEra, reduced its power generation capacity by nearly 3GW with the sale of the two assets.

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The facilities under consideration included the 1,912MW Forney Energy Center and the 1,076MW Lamar Energy Center.

Siemens won wind turbine delivery orders for three Scottish projects

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German technology giant Siemens won three orders for onshore wind power projects in Scotland, totalling 126MW of renewable energy.

The Scottish projects under consideration included the Dersalloch wind farm in the South Ayrshire region, the Ewe Hill project, which is situated at a 15km distance from Lockerbie in Dumfries and Galloway, and another wind development in North Ayrshire.

Following delivery of the turbines, Siemens also offered long-term service and maintenance for the projects.

Schneider Electric had chance to win equipment delivery contract for Hinkley Point C nuclear project

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EDF Energy picked Schneider Electric, UK & Ireland as the preferred bidder for the contract to supply medium-voltage PIX switchgear range, for the £24.5bn Hinkley Point C nuclear power station in the UK.

Schneider’s UK operations are responsible for the design, engineering and deployment of the equipment, which was expected to ensure safe operations and reliable energy management at the site.

The firm’s operations in France had plans to assist the UK team for the project.

Zambia broke ground on China-backed 750MW hydro power project

Zambia initiated the development of 750MW Kafue Gorge Lower hydro power project, which was expected to help the African country meet its increasing energy requirements.

The $2bn project has been supported by China and follows a memorandum of understanding signed between the two countries last month.

The groundbreaking for the power project represents its handover to China’s state-owned Sinohydro Corporation, who are developing the facility.

Enbridge acquired 103MW US wind power project from EverPower

Canadian energy firm Enbridge became the new owner for the 103MW New Creek wind project in West Virginia, US, following a $200m acquisition from EverPower Wind.

The wind power facility is being developed in Grant County and has been scheduled for commission in December 2016.

The power plant is to develope under a fixed-price engineering, procurement and construction (EPC) agreement with White Construction, and will feature 49 units of Gamesa G97/G90 turbines.

EIB supported renewable energy developments and power transmission upgrades in Portugal

The European Investment Bank (EIB) agreed to offer a loan of €80m to Portuguese energy giant Redes Energéticas Nacionais SGPS (REN), to support its multi-component investment programme aimed at strengthening the power transmission system in the country.

The five-year programme extends from 2014 to 2019 and involves the setting up of renewable energy connections, reinforcement and modernisation of Portuguese electricity transmission network.

It involves multiple schemes and has been designed to cover almost the entire Portuguese mainland.

Most of the investments planned under the programme are likely to cover areas designated as convergence regions.

Google expanded clean energy portfolio with 842MW purchases


Google purchased wind and solar power projects totalling 842MW, giving a boost to its strategy to power its entire operations, including its data centres, with renewable energy by 2025.

Power purchase agreements (PPA) were signed by Google’s new parent company Alphabet with Duke Energy, RES Americas, EDF Renewable Energy, Invenergy, Acciona Energia, and Eolus Vind, for periods ranging from ten to 20 years.

Under the multiple agreements, solar power will be sourced by the company from plants located in the US and Chile, and wind power from the US and Sweden.

Democratic Republic of the Congo begins work on $12bn hydropower project by early 2017

The Democratic Republic of the Congo plans to start construction on the dam for the 4,800MW Inga 3 hydroelectric project by the end of next year, or early 2017.

The project has an estimated value of around $12bn and represents the first phase development under the Grand Inga project.

Grand Inga, which has been planned as a hydropower complex across the Congo river, will be the world’s largest once developed.

SunEdison cancelled 2.7GW of Brazilian power asset acquisition

US-based renewable energy giant SunEdison terminated previously announced transactions by its yieldco TerraForm Global, which involved acquisition of 2.7GW of wind and hydro power projects in Brazil.

The firm cancelled the $250m securities purchase agreement with Brazilian energy group Light and entitled the firm to 16% stake in Renova Energia.

It also negated another agreement to buy certain development-stage projects from Renova between 2016 and 2020.

Spain’s Gamesa signed deal to strengthen wind power sector in Mexico

Spanish manufacturer Gamesa was expected to boost the wind power generation sector in Mexico, for which it signed a Memorandum of Understanding (MoU) with the Mexican Electricity Board (CFE).

The firm is to develop a 500MW wind turbine tower production facility in the country through its joint venture Windar Renovables, which was formed along with the Daniel Alonso group.

The equipment manufacturing plant will be set up over an area of around 75,000m² at Puerto Altamira, in the state of Tamaulipas.