Author: Anela Dokso

Iberdrola has launched a historic investment plan worth €75 billion for the period 2020-2025, with the aim of anticipating and taking advantage of the opportunities created by the energy revolution facing the world’s economies. 90% of this investment volume – €68 billion – will be organic and will be aimed at consolidating its business model, based on more renewable energy, more networks, more storage and more intelligent solutions for its customers. The rest, €7 billion, corresponds to the recently announced acquisition of American company PNM Resources. This unprecedented rate of expenditure will represent an average investment of €10 billion per…

Highview Power, in partnership with Carlton Power, is beginning the execution process on a 50 MW liquid air energy storage facility, with a minimum of 250MWh, in Greater Manchester, United Kingdom. The CRYOBattery will be one of Europe’s largest energy storage systems. “Our facility will deliver much needed clean, reliable and cost-efficient long duration energy storage to the National Grid. The CRYOBattery will help the UK to integrate renewable energy and stabilize the regional electrical grid to ensure future energy security during blackouts and other disruptions.”Javier Cavada, Highview Power CEO and president. In June, Highview Power was awarded a £10…

RES is selling two wind farm projects located in the Vienne region of France to funds managed by Octopus. The first project is the Cerisou wind farm, located in the municipality of Savigné, that will comprise 8 wind turbines with the capacity to generate 24MW. The second one is the Berceronne wind farm, located in the municipality of Jazeneuil, that will comprise 3 wind turbines with a 9 MW capacity. The Cerisou and Berceronne projects have been developed by RES since the identification of the sites in 2014. RES conducted all the environmental, landscape and technical studies as well as…

Iberdrola has wrapped up installation of 7,800 photovoltaic modules in the solar power facility it has under construction at the Castellon Combined Cycle Plant. This is an innovative project for Spain that will see €2.3 million invested in generating 3.5 megawatts (MW) of renewable power. The company will prevent 3,000 tones of CO2 from being released annually once the facility is up and running, which is expected to happen by the end of this year, generating 5,500 megawatt hours per year (MWh/year) of clean energy. So far, around fifty workers employed by different companies have played a part in the…

Sungrow has selected Tigo as its technology provider for PV rapid shutdown solutions in the United States. The company has also joined the Tigo Enhanced initiative, which makes it as simple and frictionless as possible for PV customers to get reliable rapid shutdown solutions. The Sungrow inverters that integrate Tigo technology will display the Tigo Enhanced logo to clearly indicate that the inverters are ready to use with Tigo’s rapid shutdown devices. “We are excited to be bringing a plug and play rapid shutdown solution to our PV customers. Our inverters are ready to pair with Tigo rapid shutdown devices…

Iberdrola plans to build its first major solar power project in Spain’s Valencia region, the Cofrentes photovoltaic farm, which entails an investment of over €100 million. This facility, located in the municipal areas of Ayora and Zarra, will have an installed capacity of 200 megawatts (MW) and will help to stimulate local industry by involving up to 600 professionals in its construction. The plant will be located in the Ayora-Cofrentes valley and feature 445,000 photovoltaic modules covering approximately 250 hectares across the municipal areas of Ayora and Zarra. The plan also includes building an electricity distribution substation, which would be…

Centrica Business Solutions, part of Centrica, has invested in the development of a 4.99MW fuel cell facility in South Windsor, Connecticut. This fuel cell facility will deliver power to the local utility, Eversource Energy, under a 20-year purchase power agreement (PPA). Fuel cells generate electricity through a chemical reaction process that is clean, quiet and highly efficient with little to no harmful emissions. This project will provide enough clean energy to power over 4,200 homes per year. Centrica acquired the project in March 2019. This investment is a part of Centrica’s Ambition 2030 which outlines 15 long-term goals to reduce…

Iberdrola is moving forward with Europe’s largest green hydrogen complex for industrial use, located in Puertollano, Spain, with the selection of Nel Hydrogen Electrolyser as its preferred supplier for the construction of the project’s key component, a hydrogen production system using electrolysis. Nel’s Proton PEM solution will now be used a as part of a commercial green hydrogen project, with 20 MW of installed capacity. The electricity utility is also working on leading the creation of a supply chain in Spain to develop electrolyser technology. The €150 million green hydrogen project in Puertollano, Ciudad Real, the result of an alliance…

Eos Energy Storage has signed an agreement to provide over 1 GWh of energy storage projects at an estimated value of more than $250 million to Hecate Energy. Eos will design, manufacture, and deliver its zinc-based battery solutions to Hecate over the course of the next 24 months across Colorado, New Mexico, and Texas. The projects are a mix of standalone battery storage and storage paired with solar photovoltaics (PV) for renewable energy capacity. “We are excited to be working with a top-tier developer like Hecate. During the last 18 months, we have been intensely focused on operationalizing our company…

ERG, through its subsidiaries Sandy Knowe Wind Farm Limited and Creag Riabhach Wind Farm Limited, has got approval to increase the capacity of Sandy Knowe and Creag Riabhach wind farms, under construction in Scotland, respectively from 48 MW to 90 MW and from 79 MW to 92 MW. The wind farms will have an estimated annual electricity output when fully operational of approximately 521 GWh, corresponding to the needs of more than 133,000 households. The growth in capacity, which will enable an overall increase of around 250 kt in avoided CO2 emissions per year, will be implemented via the installation…