Author: Anela Dokso

Snam has launched its inaugural €500 million Transition Bond, whose proceeds will be used to finance projects in the energy transition, known as the Eligible Projects. The issuance, which is reserved to institutional investors, reached more than three times over-subscription by high quality and geographically diversified institutional investors. The success of our first Transition Bond, a market in which we are a global frontrunner, is a sign of the market’s trust in our energy transition initiatives, and encourages us to proceed along this path with even greater determination. Sustainable finance is a pillar of Snam’s strategy and an essential contributor…

The Bureau of Ocean Energy Management (BOEM) has completed a supplement to its draft environmental analysis of the proposed Vineyard Wind I offshore energy project and opened it for public comment. Vineyard Wind is proposing an 800 megawatt wind energy project offshore Massachusetts. The proposed project would be located approximately 12 nautical miles offshore Martha’s Vineyard and 12 nautical miles offshore Nantucket in the northern portion of its lease area. BOEM published a Draft Environmental Impact Statement (EIS) for the Vineyard Wind I project in December 2018 and received comments from a wide variety of stakeholders, including state and local…

Sonnedix and Statkraft have signed a 10-year solar-as-produced power purchase agreement (PPA). Sonnedix will supply Statkraft with an average of around 100 GWh/year of green electricity from 2021 to 2031. The solar PV plant will be located in Badajoz, in southwest Spain and this is Sonnedix’s first PPA for a grid-parity project in Spain. “This transaction is further testament to Sonnedix’s commitment to the Spanish market, as we continue to actively seek opportunities to expand our platform in the country, through the development, acquisition and operation of projects, for the long term. We are looking forwards to being in business…

The UK and Welsh Governments have approved the Pembroke Dock Marine project, which is expected to generate £73.5 million a year to the Swansea Bay City Region’s economy. The £60 million marine energy project will help tackle climate change while reviving Pembrokeshire’s economy in the wake of Covid-19. Pembroke Dock Marine is led by the private sector, with support from Pembrokeshire County Council. The project is expected to generate more than 1,800 jobs in the next 15 years. The project includes: The Marine Energy Test Area within the Milford Haven Waterway led by Marine Energy Wales, enabling technology developers to…

Ingeteam has become the first central inverter manufacturer to be certified under the new NTS European network code. The company has been certified under the Technical Supervision Regulation of conformity (NTS) with Regulation EU 2016-631, specifically for its central inverters in the Ingecon Sun Power range and its EMS Plant Controller system. With this certificate, Ingeteam is getting ahead of the mandatory compliance requirement that will come into effect once the draft of the Ministerial Order transposing Regulation EU 2016-631 to national regulations has been approved. The certificate was issued by the CERE (Certification Entity of Renewable Energies), recently accredited by ENAC…

U.S. Department of Energy (DOE) plans to expand its research capabilities in harsh climates through a collaboration with Alaska’s Cold Climate Housing Research Center (CCHRC) and DOE’s National Renewable Energy Laboratory (NREL). CCHRC staff will become NREL employees through this expanded partnership. The collaboration leverages the complementary research capabilities of the two organizations, including in buildings use, building energy system integration, and energy technology design and deployment in extreme and rural environments. “Through this collaboration with CCHRC and NREL, the Department of Energy has an opportunity to study and understand the unique requirements of energy infrastructure and environments of the…

KORE Power, a US-based developer of battery cell technology for the energy storage and clean energy industry, has sent its initial shipment of pre-production Mark 1 modules to customers for integration testing in their stationary energy storage applications. In addition, Mark 1 modules are being shipped to an independent lab for confirmatory testing for prospective customers. “After successful beta product testing earlier this year, we are elated to begin shipments to customers and partners to facilitate integration of the Mark 1 into their respective stationary energy storage applications. In addition to extensive development, our Mark 1 modules undergo rigorous testing,…

Broad Reach Power plans to build 15 utility-scale battery storage plant sites in areas near Houston and Odessa by the end of 2020. Six sites are expected to be online and operating this summer, and it is anticipated that the others will be under construction this fall. Each site will contain battery systems capable of storing and distributing up to 10 megawatts of power. “Despite the turmoil of 2020, U.S. demand for lower cost and emission-free generation sources such as solar and wind is increasing, and this is fueling the need for more battery storage assets. While many parts of…

DNV GL has launched a collaborative joint industry project (JIP) with 14 industry participants to develop the industry’s first recommended practice (RP) for floating solar power projects. The planned recommended practice (RP) will provide a commonly recognized standard based on a list of technical requirements for developing safe, reliable and sustainable floating solar projects. Floating solar power is a promising renewable energy technology in which solar panels are installed on floating structures on the surface of suitable bodies of water. The technology offers great potential for green energy production, particularly in areas where there is a shortage of available land…

Dutch Evides Waterbedrijf has completed and connected new floating solar park in Kralingen, in the vicinity of Rotterdam. According to the company, the solar park is able to generate around 9,500 kWh of renewable energy during a sunny day. The solar park will be officially opened at the beginning of July. The new 1,62MW solar park, partly located on land and partly floating on the reservoir, consists of total of 4,787 PV modules. It is expected to generate approximately 1,7 million kWh of solar energy annually, equivalent to consumption of 650 households. This project, along with other floating solar plants, is a…