Author: Anela Dokso

NextPower III, NextEnergy Capital’s third institutional solar fund, has made its first acquisition in Portugal. The project was acquired from the developers Azimuth Molecule and Cardinal Flexivel. The plant will benefit from a 10 year power purchase agreement, with the construction planned for Q4/2020 and commissioning in Q3/2021. NextPower III’s investment strategy is to acquire solar power plants at the ready-to-build status or in operations across high-growth OECD international markets. “This acquisition allows NextPower III to further increase its presence globally and enter the European market in a country with high growth potential. NextPowerIII is already at an advanced stage…

Vestas has secured an intertidal order for a 29 MW wind project from the Vietnamese developer, Soc Trang Energy Joint Stock Company, a subsidiary of Xuan Cau Company. Located in Soc Trang, a province in the Mekong Delta of southern Vietnam, the Soc Trang 7 wind project will feature seven V150-4.2 MW turbines with customized towers placed on reinforced onshore foundations raised above sea level in the shallow near-shore waters. Vestas will work closely with the customer to handle the complexity of planning and executing the intertidal project, and will supervise the installation of the turbines, strategically placed to exploit…

Pathfinder Clean Energy (PACE) has submitted its first UK subsidy-free solar projects into planning. Two separate planning applications for ground-mounted solar farms, totaling 40MW have been submitted to local councils in Norfolk. The projects will provide enough power for over 12,500 households and would reduce CO2 emissions by 10,000 tonnes annually. These projects will have the ability to co-locate energy storage. The two projects are located on agricultural land – one, known as Three Bridges, is seven miles north-east of Dereham, and the second, known as Burgate, is situated eight miles north of Norwich. Subject to planning and financing, the…

Van Oord, as part of Two Towers, is investigating methods for the development of oyster reefs at offshore locations, with a total of eight reef structures with oysters to be installed underwater within the Borssele Wind Farm Site V in the North Sea. This represents the next step in a research programme relating to the restoration of European flat oyster beds. The Borssele Wind Farm Site V, located 20 km off the coast of the Netherlands, has been designated as an innovation site. Two Towers, consisting of Van Oord, Investri Offshore and Green Giraffe, has been awarded the concession and…

Siemens Gamesa has closed the largest order to date for its 5.X platform with a new deal to supply 372 MW of the SG 5.8-170 turbine for the Björnberget project in Sweden. The wind farm, owned by asset manager Prime Capital and independent power producer Enlight, will be one of the largest onshore wind projects to start construction in Europe this year and brings the total order entry for the Siemens Gamesa 5.X to 1 GW in record time, only 18 months after its launch. It also consolidates the partnership between Siemens Gamesa and Prime Capital in Scandinavia, with close…

Swedbank Robur has transformed Råvarufond into a new thematic fund with a focus on solar, wind and energy transition. The new fund, Transition Energy, will invest in companies worldwide that will contribute to a future renewable energy system. The move to a climate-neutral society requires new solutions and the need for investment is substantial. As part of Swedbank Robur’s ongoing implementation of its climate strategy, the fund company is now launching a new fund, Transition Energy. The fund will invest worldwide and focus on solar, wind and solutions for a sustainable energy system. The holdings will be a mix of…

Pacifico Energy has started construction of a 53.9 MW(DC) solar power generation plant in Sano-shi, Tochigi Prefecture, Japan. This is the first plant that Pacifico Energy is developing in Tochigi Prefecture. The EPC contractor of the plant is juwi Shizen Energy and the plant will be constructed on the site of a golf course. Commercial operations are expected to begin in the Summer of 2022. Once commissioned, the plant will generate approximately 62 million kilowatt hours of electricity annually, contributing to a reduction of approximately 500 thousand tons of CO2 emissions for an electricity supply period of around eighteen years.…

ProCon Wind Energy has won the installation and commissioning of the electrical scope of the transition pieces for the Saint-Nazaire offshore wind farm. This wind farm will consist of 80 wind turbines a kilometer apart and 12 to 20 kilometers off the coast of France. When it goes into service in 2022, it can generate enough power to provide 20 per cent of the Loire-Atlantique department’s electricity consumption. “We are proud to announce that our team has closed a deal with Eiffage Métal, concerning the electrical scope above for the first offshore wind farm off the French coast,” ProCon Wind…

Statkraft has started the construction of its Ventos de Santa Eugenia wind project in northeastern Brazil, after closing a turbine supply contract with German wind turbine manufacturer Nordex. Statkraft’s largest wind project in South America will more than double its renewable energy capacity in Brazil. The 519 MW wind project entails 10 wind farms with a total of 91 turbines in the state of Bahia, located close to Statkraft’s existing Bahia wind power assets. Given the excellent wind conditions in the area, the project will generate almost 2.3 TWh of renewable energy per year, enough to supply 1.17 million Brazilian…

Mack Trucks has delivered a pre-production Mack LR Electric model to Republic Services to begin in-service trials in the demanding refuse segment. Mack will use key learnings from the trials to further refine the LR Electric as it prepares to accept orders for the truck in Q4 2020, with production beginning in 2021. “Mack Trucks is extremely pleased that Republic’s very first fully electric refuse vehicle is the Mack LR Electric. The LR Electric offers numerous benefits, including zero greenhouse gas (GHG) emissions and quieter operation, and we look forward to partnering with Republic to meet their business needs through…