Author: Anela Dokso

European Commission has approved the transaction between Vestas Wind Systems (Vestas) and Mitsubishi Heavy Industries (MHI) whereby Vestas will acquire MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint venture, and MHI will acquire 2.5 percent in Vestas and be nominated to a seat in Vestas’ board of directors. The transaction between Vestas and MHI was subject to regulatory approvals by the competition authorities. “With today’s approval of the transaction we are excited to move one step closer towards welcoming offshore back into the Vestas family. I’m personally very encouraged by the many dialogues I’ve had with both Vestas…

Vestas has secured a 40 MW order for the Nowy Tomysl project from SPV Sevivon Windpark 2, a subsidiary of PNE AG. Located in Kuslin in western Poland, the project will consist of 12 V126-3.45 MW wind turbines in 3.3 MW operating mode combined with 137m towers, maximizing power production while at the same time offering competitive levelized cost of energy. “We are delighted to be realizing this new Polish wind project together with Vestas. This is a continuation of the good cooperation in previously realized projects in Germany and other European markets.”Markus Lesser, CEO of PNE AG. “This order…

The U.S. Department of Energy has provided $35 million in funding for 11 projects as part of the Advanced Research Projects Agency-Energy’s (ARPA-E) Submarine Hydrokinetic And Riverine Kilo-megawatt Systems (SHARKS) program. SHARKS teams will develop new economically competitive Hydrokinetic Turbines (HKT) designs for tidal and riverine currents. “Hydrokinetic energy is an abundant renewable resource that can boost grid resiliency and reduce infrastructure vulnerability, but it is currently a cost prohibitive option compared to other energy generating sources. SHARKS teams will address this barrier by designing new, efficient HKT systems that utilize America’s tidal, riverine, and ocean resources to develop economically…

JinkoSolar Holding’s wholly-owned subsidiary JinkoSolar Sweihan (HK) (Sweihan HK) has signed a share and debt purchase agreement with Jinko Power (HK) Company (Jinko HK), an indirectly wholly-owned subsidiary of Jinko Power Technology. Pursuant to the agreement, Sweihan HK will sell its 50% equity interest in Sweihan Solar Holding Company (Sweihan Holding) to Jinko HK. Sweihan Holding holds a 40% equity interest in Sweihan PV Power Company PJSC (Project Company), the operating entity of a 1,200 MW photovoltaic power plant in Abu Dhabi. Upon completion of the transaction, which is subject to the closing conditions set forth in the agreement, Jinko…

European Marine Energy Centre’s (EMEC) research and development engineer, James Ferguson, has won the Scottish Renewables Young and Inspiring Award at the 2020 Green Energy Awards. Having graduated with a chemical engineering MEng from the University of Edinburgh, James joined EMEC in 2017 taking on the role of hydrogen research engineer to work towards an Engineering Doctorate through the Industrial Centre for Doctoral Training for Offshore Renewable Energy (IDCORE) programme. At EMEC, James assessed the potential of a green hydrogen economy in Orkney and performed techno-economic assessment on EMEC’s electrolysis plant. The connection between renewables (wind / tidal) and hydrogen…

BYD “Build Your Dreams” will partner with Canadian Solar to provide advanced battery technology for the 100 MWac Mustang solar plant in Kings County, California. The 75 MW or 4-hour 300 MWh energy storage system is a retrofit addition to the Mustang solar plant which was originally developed by Canadian Solar’s wholly-owned subsidiary Recurrent Energy. The solar plant connected to the grid in August 2016 and the project’s equity stake was sold to Goldman Sachs in May 2019, the current owner of the project. “We are excited to partner with Canadian Solar on this solution. We are very proud to…

TEXEL Energy Storage (TEXEL) and Arizona State University (ASU) have signed a cooperation agreement with the purpose to bring a new battery technology towards commercialization in the United States. The new battery technology that is originally developed by Savannah River National laboratory (SRNL), is potentially much more cost effective than Lithium-Ion batteries in large scale and is 100% circular. Savannah River National Laboratory (SRNL), one of US Department of Energy’s (DOE) seventeen national laboratories, and the laboratory behind the development of the Hydrogen Bomb, has developed a new battery technology, based on thermochemical Metal Hydrides. In 2018, SRNL and TEXEL…

A consortium of offshore renewable energy and marine companies will lead a project to explore the viability of developing an offshore charging facility for vessels as part of the industry’s efforts to decarbonize its vessel operations. Funded by the first phase of the UK Government’s Sustainable Innovation Fund, the project – led by Turbulent Simulations, alongside Aluminium Marine Consultants, the Offshore Renewable Energy (ORE) Catapult, MJR Power & Automation, Tidal Transit and Bibby Marine Services – will look into the design of a permanently stationed Offshore Charging Vessel. The technology would allow electrified vessels, such as Crew Transfer Vessels (CTVs)…

NKT has entered into service agreements with Elia, 50Hertz and Nemo Link with the purpose to ensure efficient integration of energy into the Belgian, UK and German power grid. With the agreements, NKT and the three grid operators join forces to ensure minimum downtime in case of unpredicted damages to the assets included. The agreements cover several export cables connecting offshore wind parks to the onshore grid, and the interconnector Nemo Link connecting Belgium and the UK. Within the scope of the agreements with Elia and 50Hertz, NKT will ensure offshore repair preparedness, including inspection and maintenance of spare parts,…

Wavepiston has launched a crowdfunding campaign on Seedrs in order to raise between €2 and €3 million in order to fund the final phase of development of its patented wave energy technology and to demonstrate the technology at full scale. Wavepiston’s technology is capable of delivering both electricity and desalinated water from the energy in waves. Since 2009, the company has developed and tested its technology, taking it to a mature state. This campaign represents an opportunity to become part of the company’s future journey and invest in the innovations surrounding ‘green’ energy. Shares are available on the Seedrs crowdfunding…