Author: Anela Dokso

Korea’s commitment to renewables, energy efficiency and hydrogen can help reduce emissions, enhance energy security and position industry for the future, International Energy Agency (IEA) report said. The successful implementation of the Korean government’s Green New Deal will provide an opportunity to accelerate Korea’s clean energy transition and place the country at the forefront of some of the energy industries of the future, according to a new policy review by the International Energy Agency. Korea recently set a target of reaching carbon neutrality by 2050 to steer its energy sector away from today’s dominance of fossil fuels and strong dependence…

European Energy has signed an agreement to acquire co-ownership of the Danish Power-to-X startup Reintegrate. This will give European Energy a say in the development and construction of e-methanol plants in Denmark. Production is expected to begin in 2022, and more plants will follow in the coming years both in Denmark and the rest of Europe. Recently, Circle K announced its intention to take off 50 million liters of liquid electricity from REintegrate. This move will ensure the flow of green electricity directly into future production of liquid electricity or e-methanol. As such, Denmark now gets its first total Power-to-X…

Southern Power’s 136-megawatt (MW) Skookumchuck Wind Facility in Lewis and Thurston Counties, Washington has become operational. This project, Southern Power’s 12th wind facility, is Southern Power’s first wind facility in the state and contributes to the company’s growing renewable fleet of clean generating assets from California to Maine. “Skookumchuck Wind Facility is our first wind project in the state of Washington, and we are pleased to see this project achieve commercial operation. The addition of this facility showcases our commitment to the development of wind energy and is an excellent addition to our growing renewable fleet.”Southern Power president Bill Grantham.…

SteelZero, a global initiative to drive market demand for net-zero emissions steel, has been launched with support from major steel-using organizations, including Ørsted. The steel industry contributes about 7% of global carbon emissions, making it one of the largest contributors to climate change. Zero-emissions steel is critical to meeting global climate goals and decarbonizing the steel sector and value chain. On track to be carbon-neutral in 2025, Ørsted targets a net-zero carbon footprint and carbon-neutral supply chain in 2040. Steel accounts for about half of the emissions in Ørsted’s offshore wind supply chain. The steel used in the company’s wind…

Watson Farley & Williams (WFW) has advised EWE Aktiengesellschaft (EWE AG) on the sale, through a bidding process, of its wholly-owned subsidiary EWE Offshore Service & Solutions (EWE OSS) to VINCI Energies Deutschland Industry & Infrastructure (Vinci). Headquartered in Oldenburg, EWE AG is one of Germany’s largest energy suppliers with a focus on electricity, natural gas, telecommunications and information technology. E WE OSS is the market leader in the North Sea energy sector, specializing in the planning and maintenance of offshore wind farms, with vast expertise in substations, transition pieces, IT and communications technology. The company, which also has offices…

European Commission has approved the transaction between Vestas Wind Systems (Vestas) and Mitsubishi Heavy Industries (MHI) whereby Vestas will acquire MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint venture, and MHI will acquire 2.5 percent in Vestas and be nominated to a seat in Vestas’ board of directors. The transaction between Vestas and MHI was subject to regulatory approvals by the competition authorities. “With today’s approval of the transaction we are excited to move one step closer towards welcoming offshore back into the Vestas family. I’m personally very encouraged by the many dialogues I’ve had with both Vestas…

Vestas has secured a 40 MW order for the Nowy Tomysl project from SPV Sevivon Windpark 2, a subsidiary of PNE AG. Located in Kuslin in western Poland, the project will consist of 12 V126-3.45 MW wind turbines in 3.3 MW operating mode combined with 137m towers, maximizing power production while at the same time offering competitive levelized cost of energy. “We are delighted to be realizing this new Polish wind project together with Vestas. This is a continuation of the good cooperation in previously realized projects in Germany and other European markets.”Markus Lesser, CEO of PNE AG. “This order…

The U.S. Department of Energy has provided $35 million in funding for 11 projects as part of the Advanced Research Projects Agency-Energy’s (ARPA-E) Submarine Hydrokinetic And Riverine Kilo-megawatt Systems (SHARKS) program. SHARKS teams will develop new economically competitive Hydrokinetic Turbines (HKT) designs for tidal and riverine currents. “Hydrokinetic energy is an abundant renewable resource that can boost grid resiliency and reduce infrastructure vulnerability, but it is currently a cost prohibitive option compared to other energy generating sources. SHARKS teams will address this barrier by designing new, efficient HKT systems that utilize America’s tidal, riverine, and ocean resources to develop economically…

JinkoSolar Holding’s wholly-owned subsidiary JinkoSolar Sweihan (HK) (Sweihan HK) has signed a share and debt purchase agreement with Jinko Power (HK) Company (Jinko HK), an indirectly wholly-owned subsidiary of Jinko Power Technology. Pursuant to the agreement, Sweihan HK will sell its 50% equity interest in Sweihan Solar Holding Company (Sweihan Holding) to Jinko HK. Sweihan Holding holds a 40% equity interest in Sweihan PV Power Company PJSC (Project Company), the operating entity of a 1,200 MW photovoltaic power plant in Abu Dhabi. Upon completion of the transaction, which is subject to the closing conditions set forth in the agreement, Jinko…

European Marine Energy Centre’s (EMEC) research and development engineer, James Ferguson, has won the Scottish Renewables Young and Inspiring Award at the 2020 Green Energy Awards. Having graduated with a chemical engineering MEng from the University of Edinburgh, James joined EMEC in 2017 taking on the role of hydrogen research engineer to work towards an Engineering Doctorate through the Industrial Centre for Doctoral Training for Offshore Renewable Energy (IDCORE) programme. At EMEC, James assessed the potential of a green hydrogen economy in Orkney and performed techno-economic assessment on EMEC’s electrolysis plant. The connection between renewables (wind / tidal) and hydrogen…