Today’s renewable energy news includes announcements on Clearway Energy, KGAL Investment, Solar Steel, among others.
Hybrid Solar-Plus-Storage Project Powers Up in Hawaii
Clearway Energy Group has completed a 39 MW solar and 156 MWh battery energy storage system in Mililani, Hawaii, as part of its strategy to integrate renewables with storage for greater grid flexibility. This hybrid project supports Hawaii’s goal of 100 percent renewable energy by 2045 and reflects Clearway’s continued investment in innovative clean energy infrastructure. The technology allows solar energy to be stored and used during peak demand or periods of low generation, enhancing grid resilience and reducing fossil fuel reliance. Clearway’s focus is on providing reliable, sustainable energy solutions that meet customer and utility needs. Benefits include emissions reduction, improved energy security, operational flexibility, and strengthened grid performance, advancing Hawaii’s broader decarbonization and energy transition objectives.
KGAL Acquires Spanish Solar Park for SAGST
KGAL Investment Management has acquired a 20 MW operational solar park in Spain on behalf of Stiftung Altersversorgungsgesellschaft der Süddeutschen Zeitung (SAGST). The solar park is located in Castilla-La Mancha, a region known for high solar irradiance, and is expected to deliver stable, long-term clean energy output. This acquisition aligns with KGAL’s strategy to expand its renewable energy portfolio with high-quality, income-generating assets in core European markets. The investment focuses on leveraging proven solar technology to ensure reliable performance and consistent returns. Benefits include contributing to Europe’s renewable energy targets, supporting the energy transition, providing stable cash flows for investors, and delivering clean energy solutions to meet growing customer demand for sustainable electricity across the region.
Solar Steel Secures 73 MWp Solar Tracker Supply Deal
Solar Steel, a division of Gonvarri Industries, has secured a contract to supply solar trackers and fixed structures for a 73 MWp solar project in Spain. The company will deliver its TracSmarT+ single-row trackers and RackSmarT fixed structures, known for optimizing energy yield and improving installation efficiency. This agreement aligns with Solar Steel’s strategy to support large-scale solar developments through advanced, reliable technologies that maximize project performance. The investment reflects the growing demand for innovative solar infrastructure in Spain’s expanding renewable market. Benefits include improved energy production, reduced levelized cost of electricity, enhanced project efficiency, and support for Spain’s energy transition goals through the deployment of cutting-edge solar tracking solutions.
GreentechLead.com News Desk