CIT Group’s Power and Energy unit has served as lead arranger, on behalf of Pine Gate Renewables, on a $126 million financing for the 108-megawatt (MW) direct current Trent River Solar project in Pollocksville, North Carolina. The Trent River Solar project will sell power to Duke Energy Progress under a 20-year power purchase agreement. “We’re excited about this new project that was developed with Silver Pine Energy in our home state of North Carolina as it continues our mission to grow renewable energy nationwide. After the successful launch of our largest solar partnership last year in South Carolina with Bowman…
Author: Anela Dokso
Industry veteran, Martin Land, has been appointed as project director for the Mersey Tidal Power project. Metro Mayor of the Liverpool City Region Steve Rotheram announced the appointment. Martin has over 30 years’ project experience across energy and infrastructure roles including consenting, development and delivery of power projects and major rail schemes, having worked with a number of blue chip companies, before returning to the North West. Martin attended college in Halton, before working nationally and internationally on multiple projects. Martin has previously worked across energy, infrastructure and manufacturing as a client, consultant, equipment manufacturer and contractor, including senior roles with…
SolarEdge Technologies’ Lior Handelsman will be leaving his post as VP of Marketing and Product Strategy in order to start a career in venture capital. He will remain at the company as an advisor to the CEO for strategic initiatives and projects. “Lior’s creativity, vision and drive for innovation are deeply ingrained in every SolarEdge product developed since its inception and his contribution has positively influenced the company well beyond his current and past areas of responsibility. I know I speak on behalf of everyone at SolarEdge in thanking Lior for his extraordinary contributions over many years and I am…
Swedish Vattenfall, which is developing Hollandse Kust Zuid wind farm off the Dutch coast, is joining Amsterdam IJmuiden Offshore Ports (AYOP). This public-private association already boasts more than 85 companies and organizations that are active in the offshore energy sector in the port area. Vattenfall has been located in the port of IJmuiden for more than ten years, from where it operates a wind farm off the coast of Egmond together with Shell. In 2018 and 2019, Vattenfall won the permit to build Hollandse Kust Zuid via two subsidy-free tenders. With an output of approximately 1500MW, this offshore wind farm,…
Scottish Power Renewables, Iberdrola’s subsidiary in the UK, has awarded Ingeteam the contract for the supply of the company’s biggest ever ion-lithium battery storage system. The project will provide back-up for the UK’s biggest onshore wind farm at Whitelee near Glasgow. Its storage capacity will be 50 million Watt-hours, equivalent to the average hourly power consumption of 150,000 homes. Ingeteam is to supply the control system, the power converters and the ion-lithium batteries. The facility is intended mainly to expand the wind farm’s ability to manage the energy delivered to the grid at all times. With the type of storage…
AW-Energy Oy (AWE), the Finnish pioneer in wave energy technology, has relocated to a new facility in Vantaa, Finland. The move to larger premises provides scope for AWE’s growth ambitions, and represents the company’s commitment to the global renewables industry in the development of wave energy. “We are preparing for the upcoming surge in wave energy. Our relocation to this larger facility is an investment for the future and Finland’s future as a key contributor in the development of sustainable wave energy technology. We are fully committed to supporting the renewables sector and in our global energy operations with the…
The U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) has named Daniel Beckley as associate laboratory director for Facilities and Operations. Beckley, who has been leading NREL’s facilities and operations in an acting capacity since January 1, 2020, will oversee a directorate that includes the laboratory’s Site Operations; Environment, Safety, Health, and Quality; Information Technology; and Security and Emergency Preparedness organizations. “Dan’s expertise encompasses a deep background in many of NREL’s core program areas. His leadership in this role will help us ensure that we continue to have, and grow, the world-class facilities and operations necessary to support…
Subsea 7 has secured a sizeable contract, worth between $50 million and $150 million, for the installation of the submarine cable system on an offshore wind farm project in Taiwan. Project engineering will start immediately at Seaway 7, a unit of Subsea 7, in Leer, Germany and in Taipei, Taiwan. Offshore activities are expected to begin in 2023. The contract is subject to a final investment decision by the client and Subsea 7 will record the contract in backlog once that decision has been made. The company did not disclose the name of the client nor the name of the project.
SunPower Corporation and Enphase Energy have agreed a strategic partnership to produce the new Enphase Energized Maxeon AC Module, featuring a factory-integrated seventh-generation Enphase IQ microinverter. The AC Module will be commercialized by Maxeon Solar Technologies, the planned spin-off from SunPower, to residential customers in key international markets through authorized installer networks and distributors starting in the fourth quarter of 2020. Enphase IQ 7 series microinverters leverage Enphase’s software-defined architecture and semiconductor integration, simplify solar installations and provide a complete AC solution that produces no high-voltage DC, delivering a safe solar solution for homeowners. In addition, the AC Module will…
Wave Energy Scotland (WES) has awarded around £1.4 million in funding for four projects aimed to bring down the cost of wave power. The teams have secured funding to develop quick connection systems to improve the installation efficiency and infrastructure of wave power devices. Apollo’s PALM connector uses a passive locking mechanism that provides the connection and load transfer between the wave energy convertor (WEC) and its moorings. This function is purely mechanical and requires only the input of a suitable deck winch on the installation vessel. Blackfish Engineering Design’s C-DART provides a remote installation system for a WEC or…