Author: Anela Dokso

Forestalia and Copenhagen Infrastructure Partners (CIP) have agreed to invest in a portfolio of 27 onshore wind farms under development in the Spanish province of Teruel, Aragon. The portfolio is expected to have a total installed capacity of more than 1GW. All the projects in the portfolio have secured grid connection rights and are currently being progressed towards financial close, which is expected in approximately 24 months. Under the terms of the agreement, Forestalia will provide development services to the portfolio of projects until they reach financial close and begin construction. This transaction represents a new investment for Copenhagen Infrastructure…

Ocean Power Technologies (OPT) has received a DeepStar project award to study the deployment and operational requirements of utilizing PB3 PowerBuoy to provide remotely controllable zero carbon power for deepwater subsea oil production applications. DeepStar is a joint industry technology development program focused on advancing technologies to meet its members’ needs. Along with Total, members of the Texas-based consortium include Chevron, CNOOC, Equinor, ExxonMobil, JX Nippon, Occidental, Petrobras, Shell, and Woodside. “Remote Zero Carbon Power for Electric Subsea Operations” is a techno-economic feasibility study funded by the DeepStar CORE program and supported by project champion Total E&P Research and Technology…

The Solar Foundation and the Interstate Renewable Energy Council (IREC) have signed an agreement to merge into a single, expanded nonprofit dedicated to the rapid adoption of clean energy. The combined organization will support the accelerated growth of renewable energy and energy efficiency and a 100% clean energy future that is reliable, resilient, and equitable. Over the coming months, the two organizations will work together to integrate their programs, with the merger anticipated to be completed in mid-2021. Once the merger is finalized, all of The Solar Foundation’s programs will be combined at IREC. To facilitate the merger discussions, Andrea…

Fugro and NYK Group (NYK) have signed a Memorandum of Understanding (MOU) to provide offshore geotechnical services in Japan. They will also collaborate on a feasibility study into jointly operating a specialist investigation vessel for renewables projects. This strategic partnership will benefit from Fugro’s technical and operational expertise in offshore wind and NYK’s knowledge of the Japanese market. Japan’s offshore wind industry is predicted to increase national demand for geotechnical investigation vessels. By joining forces, Fugro and NYK will be able to meet this demand and contribute to the development of offshore wind as a sustainable energy source for the…

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…