Swedish wave energy company, Eco Wave Power has developed a new software for real-time production verification, which also allows for the timely maintenance of the wave energy power plants. The company’s R&D and engineering department used extensive analysis of the global wave energy industry and found a strong need for the possibility of real-time production verification, which shall have significant impact on the possibility of the wave energy sector to secure debt financing and also impact on maintenance processes, including cost minimization and duration. The ensuing research focused on developing a computer system connected to a wave measuring technology on…
Author: Anela Dokso
VLV Development (VLV) has completed 1.1MW solar facility that is part of the Bronzeville Micro-Grid Cluster. In collaboration with the local utility and other stakeholders, VLV financed, designed and delivered the solar installation located at Dearborn Homes, a 17-building public housing development serving 660 units of federally subsidized housing. VLV worked with local minority solar trainers, contractors and distributors to support the system’s installation. VGI Energy Solutions, VLV’s energy division, will provide the operations and maintenance of the facility. At Dearborn Homes, VLV designed and installed approximately 3,000 solar panels across 16 low-income high-rise buildings, the management office and two…
Vistra Corp. has selected First Solar’s high-performance photovoltaic (PV) solar modules to power its six recently announced solar energy projects across Texas. Under the agreement, First Solar will supply 869 megawatts (MW)DC of Series 6 modules to power five utility-scale solar projects, developed by Vistra, ranging from 50 to 200MWAC. “First Solar and Vistra share a culture of doing business the right way and place a strong emphasis on integrity, trust, and compliance, making this a relationship of peers. We’re proud that Vistra has chosen to trust First Solar and our technology as it continues its mission to decarbonize the…
Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource, will bring an additional 900 megawatts (MW) to Indiana with the Dunns Bridge I, Dunns Bridge II and Cavalry Solar Energy Centers as part of the company’s long-term generation strategy. NIPSCO has finalized three build transfer agreements with subsidiaries of NextEra Energy Resources. The solar projects are expected to begin construction in 2022 and expected to be operational in 2022 and 2023. NextEra Energy Resources will construct the projects and NIPSCO will enter into joint ventures to own, and operate and maintain some facets of these assets once construction is…
Schneider Electric and SolarEdge Technologies have entered into a technological and commercial partnership that will accelerate the residential solar market and provide homeowners with seamless energy management for smart homes of the future. The partnership marries Schneider Electric’s expertise in energy distribution and automation solutions with SolarEdge’s solar, backup and smart energy management solutions that maximize solar energy production and consumption. In banding together, the two companies seek to serve new market needs in California initially, where solar is now required on all new home construction as part of California Energy Commission updates to Title 24 Building Energy Efficiency Standards.…
Watson Farley & Williams (WFW) has advised Caisse de dépôt et placement du Québec (CDPQ) on its acquisition of a large-scale photovoltaic (PV) portfolio, with a total capacity of circa 216 MW located in several Spanish regions, from Q-Energy. The portfolio comprises 73 plants which produce over 355,000 MWh annually, representing enough clean electricity to supply more than 115,000 households. The transaction was made via the acquisition of the portfolio companies owning the plants and represents CDPQ’s first energy and infrastructure equity investment in Spain. Acting as transaction advisors, WFW has advised on all legal aspects, carrying out the due…
RES and Octopus Renewables have extended their partnership to a total of 503MW of operational assets after two new wind farm asset management contracts and a portfolio of solar operations and maintenance (O&M) work was awarded to RES. Following a competitive tender process Octopus Renewables has awarded contracts for the Burton Wold South wind farm in Northamptonshire, and Muirhall South wind farm in South Lanarkshire to RES. The contracts, which start immediately, bring the total number of wind farms being managed by RES for Octopus to 15 and extends a five-year working relationship between the companies. RES has also won…
Alliant Energy has put into service a battery which forms part of its Marshalltown Solar Garden, consisting of more than 9,500 solar panels. This pilot project combines solar power and a battery to generate, store and deliver electricity to customers. The Marshalltown Solar Garden sits next to Alliant Energy’s Marshalltown Generating Station, one of the most efficient natural-gas-fired facilities in the country. “This solar-battery combination allows us to provide our customers with solar power during the day and night. The solar field adds power to the grid when the sun is shining and then our battery allows our customers to…
Tampnet has secured a contract to supply 4G/LTE coverage from two base stations to the Gemini offshore wind park. The wind park, with a total of 150 wind turbines, is located in the Dutch North Sea 85 km off the Dutch coast. The GEMINI wind park consists of two offshore wind parks named “ZeeEnergie” and “Buitengaats”, each consisting of one substation and 75 wind turbines. The site is located approximately 55 km north of the island of Schiermonnikoog in the Dutch North Sea and 85 km off the Dutch coast. “We are very excited about the Gemini wind park since…
Etrion Corporation is exploring strategic alternatives to maximize the value of its solar portfolio in Japan. Etrion has engaged Mitsubishi UFJ Morgan Stanley Securities (MUMSS) as financial advisor to assist with the potential sale of the company’s 57-megawatt operating solar portfolio and its 45-megawatt solar park under construction in Japan. The company has received several non-binding proposals from strategic and financial investors regarding the potential purchase of its Japanese assets. A short-listed group of interested parties is now engaged in detailed due diligence of the assets. The company anticipates receiving one or more binding offers by end of the year…