Author: Anela Dokso

Rem Offshore has signed a long-term charter contract with Siemens Gamesa Renewable Energy for the newbuild CSV Rem Energy. The vessel will be performing maintenance on various wind farms in Germany. Rem Inspector will perform the role as frontrunner to the newbuild and having already worked on the Global Tech 1 wind farm for two seasons she will return for most of 2021. “The vessel has been developed in close cooperation with designer and client, and has several inventive features which meet future requirements for zero emission and optimal workflow. It has been a great pleasure to work in close…

AqualisBraemar has completed the acquisition of 100 percent shares in LOC Group. AqualisBraemar has acquired 100 percent of the shares in Neptune Midco 1 from the ultimate parent company of the LOC Group, LOC Group Holdings, the shareholders of which include pan-European investment group Bridgepoint and key employees of LOC. The purchase price consideration was a $20.2 million cash consideration plus two million conditional warrants in AqualisBraemar. All conditions for completion of the transaction have been fulfilled, and the transaction has now been completed, AqualisBraemar informed. “This is a great day for both AqualisBraemar and our clients. We effectively double…

U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) plans to make $4 million in federal funding available for cost-shared research and development of tools and methods to optimize safe, secure, and verifiable carbon dioxide (CO2) storage. Funding opportunity announcement (FOA) ‘Emerging CO2 Storage Technologies: Optimizing Performance Through Minimization of Seismicity Risks and Monitoring Caprock Integrity’, will support the goals of the Advanced Storage R&D technology area of DOE’s Carbon Storage Program. DOE’s Carbon Storage Program focuses on developing, testing, and verifying technologies and techniques that address challenges related to long-term, commercial-scale storage of CO2 in the deep subsurface.…

Vestas has received an order from Eneco Verda, a subsidiary of Eneco, for the 34 MW wind project Landtong Rozenburg. Located on a peninsula in the port of Rotterdam, the project features nine V126-3.45 MW turbines in 3.8 MW Power Optimized Mode with 130 meter towers. Combined with a 15-year service contract with energy-based availability warranty, the customized solution will optimize the annual energy production at the sites’ high wind conditions, while offering competitive levelized cost of energy. “We are pleased to have Vestas selected as the supplier of the wind turbines for this landmark project, which after construction will…

European Energy has signed an agreement for the sale of solar park Naessundvej with a total capacity of approximately 30 MW in Denmark to Conquest Group. A corporate power purchase agreement (CPPA) has been made with a leading technology company for the project. The CPPA is a long-term agreement, which ensures green electricity at a competitive fixed price for the customer. ”We are delighted to hand this important solar park off to Conquest and hope to work together on future investment opportunities within our broad European portfolio. In the meantime, we are going to take care of Conquest’s investment as…

Vestas has secured a 34 MW order from Rabbalshede Kraft for the wind project Årjäng NV2 that will be located in the Värmland County in west-central Sweden. The project will comprise eight V150-4.2 MW turbines with 155 meter towers together with a 25-year Active Output Management 5000 (AOM 5000) service contract, optimizing the energy production for the lifetime of the project. This order underlines the 150-4.2 MW turbine’s competitiveness in the Nordic region, where it has now reached a firm order intake track record of more than 1.5 GW. “The Årjäng NV2 project is an important part of our portfolio…

Ormat Technologies has completed the acquisition of a shovel-ready energy storage asset in Upton County, Texas. Ormat acquired the asset from Con Edison Development. Ormat’s wholly owned subsidiary, Viridity Energy Solutions, will design, build, own and operate a 25 MW battery energy storage system (BESS) project at the site. The project is co-located with an operational 157 MW solar PV generating facility that is owned and operated by CED Upton County Solar. Ormat is targeting commercial operation of the BESS before the end of 2021. The BESS facility will provide much needed ancillary services and energy optimization to the wholesale…

Con Edison and 174 Power Global have agreed to place the largest battery storage project in New York State on an industrial site in Astoria, Queens. The batteries will be able to discharge 100 megawatts of electricity. 174 Power Global, which specializes in renewable energy projects, will build and own the battery system off 20th Avenue near the East River on land owned by the New York Power Authority where the former Poletti power plant used to be. “Utility scale battery storage will play a vital role in New York’s clean energy future, especially in New York City where it…

Wärtsilä and Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, are jointly running a project to launch an ammonia-fueled tanker producing no greenhouse gas emissions by 2024. The MS Green Ammonia project is the result of a Nordic industrial collaboration group founded from the Zeeds (Zero Emissions Energy Distribution at Sea) initiative. Pilot-E, the Norwegian funding scheme will support the project with a NOK 46,3 million (€ 4.4 million) grant. “We regard the funding from Pilot-E as a valuable stamp of approval for our plans. Both Wärtsilä and we feel confident that this project represents the future…

ACCIONA has started the process of energizing wind turbines at La Chalupa in Cameron County, Texas. When fully operational, the wind farm will be ACCIONA’s largest US asset at 198 MW, and will push the company’s US portfolio over 1,000 MW. La Chalupa is the company’s 10th wind farm in the US, taking ACCIONA’s total wind capacity in the US to 1,064MW. The project is equipped with 63 Nordex AWP 3150 wind turbines. Located in Cameron county, where the company already owns and operates the San Roman (93 MW, 2016) and Palmas Altas (145 MW, 2019) wind farms, La Chalupa…