Benelux_Infrastructure_Forum_171
2 November 2015 2015 01:31 AM GMT

Mitsubishi Corp. Units in JV to Develop 15-MW Geothermal Project

Two Mitsubishi Corp. units, Mitsubishi Materials Corp. and Mitsubishi Gas Chemical Co., will set up a 15-megawatt geothermal power plant in northern Japan’s Iwate prefecture.

The plant will be operated as a joint venture between the two companies. Media reports say the plant is expected to start operating in 2022. Mitsubishi Corp. last May announced that is partnering Kyushu Electric Power Co. to conduct surveys on geothermal power in Minamiaso Village, Kumamoto Prefecture in southwestern Japan.

August 9th 2017
IDFC Alternatives Fund Acquires Solar Projects Totaling 190MW From First Solar

India Infrastructure Fund II (IIF II), represented by its investment manager, IDFC Alternatives Limited, one of India’s largest alternatives fund managers, is to acquire seven operating solar projects owned and operated by the First Solar Group in the Indian states of Andhra Pradesh and Telangana aggregating to a capacity of 190 MW. All the projects utilise First Solar’s advanced CdTe (Cadmium Telluride) based thin film modules, one of the most environmentally friendly PV technologies, and sell the power generated to state utilities, under long term power purchase agreements. Aditya Aggarwal, Partner, IDFC Alternatives stated that “consistent with its stated strategy of aggregating operating renewable assets, IIF II is well on its way to achieving an installed base of 400-450 MW of operating renewable assets by the end of the current financial year.”

August 4th 2017
Enel Awarded 339 MW Of Solar Capacity In Spanish Renewables Tender

Enel S.p.A., acting through its Spanish subsidiary Endesa’s renewable company Enel Green Power España (EGPE), has been awarded 339 MW of solar capacity in Spain. The award followed the tender aiming at collecting 3 GW from renewable energies, launched by the Spanish Government to help the country achieve its target to cover 20% of energy consumption from renewables by 2020. The solar capacity adds to the 540 MW of wind power capacity that EGPE was already awarded last May. “This new milestone confirms our commitment to green energy in Spain, a country which continues to offer growth opportunities for our renewable projects,” said Antonio Cammisecra, Enel’s Head of Global Renewable Energies.