Author: Anela Dokso

The new EU Strategy on Offshore Renewable Energy must include a target of 100MW of ocean energy installed in Europe by 2025, Ocean Energy Europe reported. This would be enough to power 100,000 European homes a year, and would pave the way for installing 3GW by 2030 and 100GW by 2050. This target would provide the political impetus and incentives needed to maintain Europe’s position as the global leader in ocean energy and create a new industry for Europe. Four priority actions are needed to achieve this, according to Ocean Energy Europe. First on the list is the formation of…

NKT has received a turnkey contract from TenneT, worth of below €250 million, to deliver and install a high-voltage DC (direct current) XLPE power cable system for the BorWin5 project in Northern Germany. The order comprises the manufacturing of approximately 230 km of 320 kV high-voltage DC on-and offshore power cables and accessories as well as offshore installation by the cable-laying vessel NKT Victoria. “Over the past years, NKT has established itself as a key partner in the green transformation of Europe. We have completed a number of power connections ensuring transmission of renewable energy and during 2020 we were…

The Peck Company (Peck) and Sunworks have entered into a definitive agreement under which Peck will acquire Sunworks in an all-stock transaction. Under the transaction each share of Sunworks common stock will be exchanged for 0.185171 shares of Peck common stock. Assuming no adjustments, Sunworks’ stockholders would receive an aggregate of approximately 3,079,207 shares of Peck common stock, representing approximately 36.54% of Peck common stock outstanding after the merger. “This is a transformational combination, leveraging the respective strengths of the two organizations and creating a national leader in the fast-growing and resilient solar energy industry. It provides Peck expansion, scale,…

Inna Braverman, the founder and CEO of Eco Wave Power has been featured on the Fast Company’s 11th annual list of the Most Creative People in Business. Fast Company’ annual list of the Most Creative People in Business, honors an influential and diverse group of leaders from a vast range of global industries including tech, design, entertainment, healthcare, media, government, nonprofit, sports, food, and more. Inna Braverman earned the recognition this year for driving the creation of Eco Wave Power at the age of 24, and for the development of the EWP wave energy generation technology, which is enhancing the…

SSE Renewables’ proposed 30.5MW Lenalea onshore wind project in Co. Donegal, a 50/50 joint venture project with Coillte Renewable Energy, has received the green light for development after it provisionally won a contract for low carbon power in Ireland’s first competitive auction for onshore wind. The provisional results of the first round of Ireland’s new Renewable Electricity Support Scheme (RESS-1) are subject to Irish Government approval with the final results due in September. Lenalea is one of 19 onshore wind projects in Ireland which have won contracts for an average of 15 years of new renewable energy generation under RESS-1.  The development, which will comprise seven turbines with a maximum tip height of 135 meters, is expected to enter construction in 2021 ahead of…

Tekmar Group has shared its suite of solutions for floating wind. Floating wind is widely recognized as the next big wave in the renewable energy revolution with a market outlook of 16.7 GW by 2030, a figure which is set to increase as larger-scale developments come online. The fast-maturing technology can be deployed almost anywhere in water depths greater than 60 meters, which conveniently is where the world’s best wind resource is found. Tekmar has developed a suite of technologies and services that will de-risk, protect and ultimately reduce the cost of floating wind developments during planning, installation, and in-situ…

Enel Green Power Spain has connected a 51 MW wind farm to the electricity grid in the town of Motilla del Palancar, in the Cuenca province. The investment associated with this project amounts to €51 million and it will reach an annual production of 144 GWh, avoiding the emissions of approximately 95,000 tonnes of CO2 per year. The development of this wind farm, made up of 17 wind turbines with a unit power of 3MW, has abided by Enel Green Power’s “Sustainable Construction Site” model, which includes the installation of photovoltaic solar panels on each site to cover part of…

Sustainable Marine Energy (SME) will provide three PLAT-I floating tidal energy systems, with a rated power output of 420kW each, to project entity Spicer Marine Energy who has signed a Design Build and Operate (DBO) agreement with reconcept GmbH for the first phase of the Pempa’q in-stream tidal energy project. Spicer Marine Energy will deliver and operate the project over its 15 year lifetime, on behalf of reconcept’s RE13 Meeresenergie investment fund. “With the signing of the DBO contract we have reached a significant milestone. It provides the basis for further successful reconcept investment offers in the field of marine…

The University of Maine will collaborate with New England Aqua Ventus (NEAV), a joint venture between Diamond Offshore Wind, a subsidiary of the Mitsubishi Corporation, and RWE Renewables, to develop UMaine’s floating offshore wind technology demonstration project off the coast of Maine. As the developer, NEAV will own and manage all aspects of permitting, construction and assembly, deployment and ongoing operations for the project. UMaine’s Advanced Structures and Composites Center will continue with design and engineering, research and development and post-construction monitoring. The project will consist of a single semi-submersible concrete floating platform that will support a commercial 10-12 megawatt…

Scorpio Bulkers has signed a Letter of Intent to construct a wind turbine installation vessel (WTIV) with options for additional vessels. “Scorpio Bulkers is embarking on a new and exciting journey. The world urgently needs to reduce emissions and offshore wind will make a pivotal contribution.  We appreciate the encouragement and assistance of multiple partners – including suppliers, customers, and shipbuilders – as we take a significant first step in transitioning the Company towards a sustainable future.  This strategic direction now aligns with our future customers, investors, finance providers and the growing momentum in global public policy.  At the same time,…