Author: Anela Dokso

In a bid to accelerate the transition to sustainable energy production, Aker Solutions has launched a call to action urging industry, authorities and society to work together to achieve common goals. The company has launched its ‘#PowerTheChange’ campaign to highlight the potential opportunities. “As an industry we are facing a dual challenge: how to transition to a low carbon future, whilst simultaneously fulfilling the world’s need for affordable energy and profitable jobs. This is a challenge no company or individual is capable of solving alone. It will require bold moves, different ways of working and new partnerships. We see many…

Renewable Properties has raised $30 million from funds managed by CarVal Investors, a global alternative investment fund manager. Funds will be used to further develop Renewable Properties’ existing utility-scale solar project pipeline, expand development efforts into new and existing markets, and secure new project opportunities and acquisitions. “At the beginning of this year I made the decision to raise more capital and expand our business based on the team I’ve proudly assembled, and CarVal’s experience in renewables made them the ideal capital partner. In the short term, with CarVal’s capital commitment, we plan to expand our efforts in the Northeast,…

Mustang Two Whirlaway, a 100-megawatt solar project in Kings County, officially started operating and will generate clean and affordable power exclusively for Peninsula Clean Energy customers. Mustang Two Whirlaway will generate enough solar to power nearly 58,000 homes through 2035. “This is yet more new steel in the ground that will help our customers and the broader community take another important step toward all-renewable power and reducing greenhouse gas emissions. It showcases again how renewable power projects can provide substantial jobs and other economic benefits across our state.”Peninsula Clean Energy CEO Jan Pepper. The 100-MW Mustang Two Whirlaway project was…

STAG Industrial has started construction of its first onsite solar installation in Illinois, and its fifth solar installation in Massachusetts. The projects are part of community solar programs and will provide low-cost renewable energy to local homes and businesses. Facilitated by Black Bear Energy in partnership with STAG, and developed by Green Street Power Partners (GSPP), these systems have an aggregate capacity of 3.5 MW and will generate over 4.4 million kWh of electricity annually – the equivalent of powering nearly 361 homes with solar. With the addition of these sites, STAG now hosts over 13.5 MW of solar nationally.…

Community Windpower has submitted plans for a new wind farm that would provide a boost to the Green Recovery in southern Scotland and help the region address the Climate Emergency. Scoop Hill Community Wind Farm, located entirely in Dumfries & Galloway, will see £1.8 billion of economic investment, which will be felt throughout the regional economy, including jobs and community benefits, supporting the Green Recovery. This is the third Community Windpower renewable energy project in southern Scotland and would see the business invest a total of £4.05 billion and provide enough clean, green energy to power 1.25 million homes. The…

Nova Innovation has secured an investment of £1.2 million from the Welsh Government for its Enlli tidal energy project in North Wales. The Enlli project creates the opportunity to generate electricity from the natural ebb and flow of the tide between Ynys Enlli – ‘The Island in the Currents’ – and the mainland of the Llŷn Peninsula. It has the potential to help the ‘Island in the Currents’ switch from a dependency on diesel generation to become the world’s first blue energy island. The funding provided by the Welsh Government, through the European Regional Development Fund (ERDF), will support the…

Tesco is taking action to help tackle the two biggest sources of emissions in the UK – electricity production and transport, to help bring forward its ambition to become net zero in the UK by 2035. Tesco is launching a new partnership with renewable energy investor, Low Carbon, that will see the creation of three new solar farms in the UK. The solar farms in Essex, Anglesey and Oxfordshire will generate up to 130GWh of energy per year, enough to power 44,828 three-bedroom homes, and help Tesco procure more renewable energy with additionality for the grid. The work is part…

Royal HaskoningDHV has been hired by North Falls Offshore Wind to provide the Environmental Impact Assessment (EIA) services in support of the Development Consent Order (DCO) application for the project, a proposed extension to Greater Gabbard in the southern North Sea. North Falls Offshore Wind Farm is a joint venture between SSE Renewables and RWE Renewables. North Falls will provide an important contribution to the UK’s target for offshore wind to provide enough electricity to power all homes in the country by 2030, as announced by the UK Government. “We welcome Royal HaskoningDHV to the team and look forward to…

Watson Farley & Williams (WFW) has advised Elawan Energy (Elawan) on a €92 million loan for the project financing of its 250 MW Campanarios photovoltaic (PV) portfolio, comprising five Spanish plants currently under construction with a 50 MW nominal capacity, located in Spain’s Albacete region. The transaction closed on November 03, 2020, with the plants to be operational by Q4 2021. Banco Sabadell, Bankia, Abanca Corporación Bancaria, y Banco Pichincha España, acted as financing entities for the circa €92 million structured loans granted to the special purpose vehicles (SPVs) that own each plant, themselves all owned by Elawan Energy. The…

U.S. Department of Energy (DOE) has released its Hydrogen Program Plan to provide a strategic framework for the Department’s hydrogen research, development, and demonstration (RD&D) activities. The DOE Hydrogen Program is a coordinated Departmental effort to advance the affordable production, transport, storage, and use of hydrogen across different sectors of the economy. The Plan involves participation from the Offices of Energy Efficiency and Renewable Energy, Fossil Energy, Nuclear Energy, Electricity, Science, and the Advanced Research Projects Agency–Energy. “Hydrogen is an exciting fuel source that has the potential to integrate our nation’s energy resources, but to fully recognize its potential across…