Author: Anela Dokso

Limejump has been awarded the contract to trade the power output of the first subsidy-free Scottish wind farm using wind turbines at Crossdykes Wind Farm in Dumfries & Galloway, Scotland. The 46MW onshore wind farm, developed and owned by Muirhall Energy and WWS Development, is one of the first subsidy-free wind farms in the UK. Notably, Crossdykes is the first subsidy-free wind farm to enter the Grid Balancing Mechanism, and is the largest wind site to enter Limejump’s generation portfolio. With Crossdykes, Limejump has used intelligent price management to offset risk via a “track & trade” Power Purchase Agreement (PPA).…

ABO Wind Oy and Gasum Oy have entered into a long-term agreement on wind farm output. Under the ten-year Power Purchase Agreement (PPA), Gasum will begin to sell renewable wind power produced in North Ostrobothnia to its customers starting in 2023. The agreement will enable the partners Gasum and ABO Wind to increase the availability of renewable Finnish energy and at the same time more wind power will be built in Finland. Domestic wind power will increase Finland’s self-sufficiency in electricity generation. The agreement covers a 9-turbine wind farm of Nordex N149 turbines with a total output capacity of around…

Palladium Energy has entered into a joint venture agreement with Inverdale Energy Partners to form Palladium Energy Development. The company will develop an initial portfolio of 500 megawatts of utility-scale solar and solar + storage projects across the United States leveraging the development and capital markets expertise of both Palladium and Inverdale. “This partnership empowers our team to develop a significant pipeline of solar and solar + storage projects, and satisfy the rapidly growing demand for renewable energy from states, utilities and corporate power purchasers across the country.” Nobel Chang, managing partner at Palladium. “Palladium is committed to providing low-cost,…

First Solar has supplied its advanced Series 6 photovoltaic (PV) solar modules to JP Energie Environnement (JPee) to power its 59-megawatt (MW)DC Labarde solar power plant. The facility, believed to be the largest urban solar PV power plant in Europe, is being built on the site of a former open-air municipal landfill in Bordeaux in South West France. The land was designated as a wasteland, unfit for residential or commercial buildings, or agricultural use. JPee, however, secured a 35-year lease for the 600,000-square meter site and began developing the Labarde solar project, which was selected under successive rounds of the…

Liebherr and MCCtec Rostock have signed a contract with Aibel for the delivery of a cylinder-luffing crane, type RL 2600-35 Lit for DolWin epsilon platform. The company TenneT TSO commissioned Aibel to build the offshore platform DolWin epsilon on which the Liebherr crane will be used for supply and maintenance tasks on the German North Sea. The RL 2600-35 Lit is a weight-optimized and compact designed offshore crane. It is the ideal equipment for small platforms, where space is limited. The RL 2600-35 Lit has a box boom with a maximum working outreach of 52 meters and a maximum lifting…

OYA Solar has closed a $35 million construction and interconnection financing from NY Green Bank, that will support the construction of three community solar projects in New York state. The first, a 6.8 MWDC project in Constable, New York, is already under construction. OYA expects the three projects to be placed in service early next year and they will be the first in a 100 MWDC portfolio that OYA intends to construct through the end of 2021. Together, the entire portfolio will provide 155 GWh annually, enough to power approximately 39,000 homes annually with clean energy, to a wide variety…

Worley has secured a contract to provide the early front-end engineering and design (pre-FEED) for the first two carbon capture units at Drax Group’s power station in North Yorkshire, UK. Each unit is expected to capture approximately 4 million tonnes of carbon dioxide a year. The carbon capture units will incorporate the negative emissions process scheme, Bioenergy with Carbon Capture and Storage (BECCS). Drax has piloted BECCS which generates renewable electricity while permanently removing carbon dioxide from the atmosphere. Worley’s work includes developing the plant layout, cost estimation and schedules for FEED and detailed engineering, procurement and construction. It will…

CHANEL has committed $35 million toward solar energy projects for low-income multifamily households with Sunrun. The partnership will expand access to solar for nearly 30,000 low-income residents across California, offering families on average up to $40 to $50 a month in energy cost savings. CHANEL’s investment will also support more than 20,000 hours of job training in the first year, offering valuable vocational skills and certifications to hundreds of people in disadvantaged communities. Through the partnership, CHANEL and Sunrun will install approximately 30 megawatts of solar energy systems on affordable multifamily properties throughout California. This investment is part of CHANEL’s…

LONGi has supplied 11.7MW of innovative solar modules to a PV plant within the Parque Fotovoltaico Libertadores in Los Andes Province, Chile, which is now supplying electricity to the local grid. LONGi was selected as the sole module supplier for the project. The plant, covering 24.4 hectares, was developed by D ‘E Capital and constructed by EPC company Orion Power, with an investment of $12 million. There are 28,720 units of LONGi high-efficiency solar modules deployed at this PMGD (Pequeños Medios de Generación Distribuidos) project, with a projected service life of 30 years. “Today we are inaugurating a PV plant…

Vortex Energy, a global renewable energy platform managed by Beaufort Investments, has completed the sale of its controlling and managing stake in Vortex Solar (Vortex III), a 365MW solar PV portfolio, acquired in 2017 from TerraForm Power, at an enterprise value of circa GBP 500 million. The stake was sold to TNB International, a wholly owned subsidiary of Tenaga Nasional Berhad (TNB), an existing shareholder in the business and one of South East Asia’s largest utilities with an installed capacity of circa 15GWs globally. Vortex III is one of the largest standalone portfolios in the UK, with an average asset…