Author: Anela Dokso

Schlumberger New Energy, the CEA and partners have named Florence Lambert as the CEO of the Genvia clean hydrogen production technology venture, effective March 1, 2021. Florence was previously CEO of CEA-LITEN in Grenoble, France. “Florence has been a respected voice at the forefront of energy transition technology development for a number of years. We are delighted that she has chosen to bring her experience and passion to the leadership of Genvia. We believe that hydrogen is a critical energy carrier that will enable countries to meet their decarbonization ambitions.” Ashok Belani, executive vice president Schlumberger New Energy. In the…

Tekmar Energy has been contracted to supply its TekLink Cable Protection Systems (CPS) for the Kaskasi offshore wind farm in Germany. The Kaskasi offshore wind farm is a 342MW wind project located in the German North Sea. Construction work will start in Q3 2021 and the project is planned to be fully commissioned by 2022. Once fully operational, Kaskasi will be able to supply the equivalent of 400,000 households a year with green energy. Tekmar Energy will supply the wind farm with their patented TekLink CPS to protect the export cables as they transition from the seabed through the dynamic…

The AES Corporation has closed $154.2 million in non-recourse debt financing for Luna Storage, a 400-megawatt hour standalone lithium-ion battery storage project in the City of Lancaster, in Los Angeles County, California.  The transaction was closed by sPower, an Independent Power Producer (IPP), in late December 2020. In early January 2021, sPower merged to become part of AES’ clean energy business in the United States.  The combined business represents one of the top renewables growth platforms in the country with the expertise to innovate customizable renewable energy solutions. The $154.2 million non-recourse debt raise, arranged by KeyBanc Capital Markets, Credit Agricole Corporate and Investment Bank, Silicon Valley Bank, and Export Development Canada, is one of the largest financing deals for a utility-scale standalone…

The United States will likely take years to return to 2019 levels of energy consumption and carbon dioxide emissions following the impact of COVID-19 on the U.S. economy and global energy sector, according to projections in the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2021 (AEO2021). Returning to 2019 levels of U.S. energy consumption takes years; energy-related carbon dioxide emissions fall further before leveling off or rising. “It will take a while for the energy sector to get to its new ‘normal’. The pandemic triggered a historic energy demand shock that led to lower greenhouse gas emissions, decreases in…

DNV GL and Ikigai Capital have been selected to deliver a Hydrogen Investment Strategy for the Thames Estuary, in London, UK. This decision comes after the Thames Estuary Hydrogen Summit in November 2020 which revealed significant interest in the development of a hydrogen ecosystem in the Thames Estuary. The anticipated demand driven by a move away from fossil fuels along with the Estuary’s location and capacity to deliver at scale presents an extremely compelling case for investors. Ikigai Capital and DNV GL will create the roadmap to realize this transformational opportunity by evaluating and identifying the potential for investable hydrogen…

Clean Power Capital has increased its investment in Powertap Hydrogen Fueling by acquiring an additional 4.5% equity interest in the company. The company initially invested in PowerTap in October 2020 by acquiring a 90% equity interest. With the latest investment, Clean Power has increased its equity interest in PowerTap to 94.5%. PowerTap is leading the charge to build out cost-effective hydrogen fueling infrastructure through its environmentally friendly intellectual property, product design for the modularized and lowest tier production cost of hydrogen and launch plan. Clean Power’s investments in PowerTap aligns well with the energy industry focusing on transitioning more into…

CSIRO, Australia’s national science agency, has secured Victorian government funding that will enable it to partner with Swinburne University of Technology to establish the Victorian Hydrogen Hub (VH2). VH2 is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen technologies. Under the partnership, CSIRO will receive more than $1 million towards the development of a refuelling station to fuel and test hydrogen vehicles. The refuelling station, to be located at CSIRO’s Clayton campus in Victoria, is a key milestone in the development of CSIRO’s national Hydrogen Industry Mission, which aims to…

Energy News bring you the review of the most interesting articles of the week.

Advent Technologies, a company in the fuel cell and hydrogen technology space, and AMCI Acquisition Corp. have completed their business combination. The combined company, Advent Technologies Holdings will begin trading on Nasdaq on February 5, 2021. The Business Combination, which was approved at a special meeting of AMCI’s stockholders creates a leading fuel cell technology company and builds on a number of important achievements, including: over 50 international patents; 15 years of research leading to the development of intellectual property including the materials for high-temperature polymer electrolyte membrane (HT-PEM) fuel cell technology from Advent’s selection in the L’Innovator program that…

Silvia Piana, Enel Green Power’s head of Regulatory Affairs Africa, Asia and Australia, has been elected one of the seven members of the Steering Group of the Coalition for Action created by the International Renewable Energy Agency (IRENA). “I am happy to take on this role because the purpose and vision of IRENA is 100% in line with the activities of Enel Green Power, decisively aimed towards the energy transition. There is a total alignment of interests, for example concerning hydrogen. On this front IRENA’s position is exactly the same as our group’s, promoting only Green Hydrogen produced through electrolysis…