Today’s renewable energy news announcements on Peak Energy’s project in Japan, EDP installing solar PV system for Draxton in Spain, Engie project in Peru, among others.
Peak Energy Acquires 48 MW of Solar Projects in Japan
Peak Energy has acquired 48 MW of operational solar photovoltaic projects in Japan through a newly formed local subsidiary. The acquisition strategy supports expansion in the Asian renewable energy market. Investment includes existing assets, providing immediate generation capacity and revenue streams. The technology focus is on grid-connected solar PV systems located across various sites. Customer focus involves supplying electricity under existing long-term power contracts, ensuring steady returns. Innovation is seen in the company’s market entry structure via local partnerships and acquisition-led growth. Benefits include increased clean energy supply, portfolio diversification, and alignment with Japan’s renewable energy and decarbonization goals.
EDP Installs 3 MWp Solar PV System for Draxton in Spain
EDP developed and commissioned a 3 MWp on-site solar PV system for Draxton at its automotive components plant in Spain. The strategy focuses on enabling industrial decarbonization through localized renewable energy. Investment was directed toward infrastructure that supports energy self-consumption. The technology includes both rooftop and ground-mounted photovoltaic panels. Customer focus centers on industrial energy users seeking cost control and emissions reduction. Innovation lies in customized solar deployment integrated into factory operations. Benefits include reduced electricity bills, lower greenhouse gas emissions, greater energy independence, and alignment with sustainability objectives. The project supports Spain’s clean energy goals and EDP’s service-based growth model.
Engie Gains Concession for 51.7 MW Solar Expansion in Peru
Engie secured a 30-year concession to develop a 51.7 MW solar expansion at its existing Intipampa facility in Peru. The strategy centers on scaling renewable capacity within existing sites to meet national energy demand. Investment includes development, construction, and long-term operation. The technology focus is on utility-scale solar PV, integrated with the current infrastructure. Customer focus is the national grid, enhancing clean electricity supply. Innovation lies in leveraging operational assets for cost-efficient expansion. Benefits include increased solar output, improved energy security, reduced emissions, and support for Peru’s renewable energy goals through sustainable and scalable infrastructure deployment.
GreentechLead.com News Desk