Enel renewable subsidiaries start construction on 577MW solar projects in Brazil and Spain
Global electricity and gas distributor Enel Group’s renewable energy subsidiary, Enel Green Power Brasil Participacoes (EGPB) has begun construction on a new solar facility in Brazil, whilst its Spanish equivalent, Enel Green Power Espana (EGPE) has started building three projects in Spain.
EGPB will be constructing a new 475MW solar facility in Brazil, with the company reporting it has spent $390mn on the project. The Sao Goncalo solar park is set to be the largest photovoltaic (PV) project in South America and will be located in the north-east of the country.
Operations are set to commence in 2020, with the plant expected to produce more than 1,200GWh per year. This is said to reduce potential emissions of over 600,000 tonnes of carbon dioxide.
Meanwhile, it was also announced yesterday that EGPE has begun constructing three further solar plants which will have a combined capacity of 126.6MW.
These facilities are set to include a total of 372,000 PV modules and should be completed by the end of next year, with around $115mn reportedly being invested.
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.