Author: Anela Dokso

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…

BYD “Build Your Dreams” will partner with Canadian Solar to provide advanced battery technology for the 100 MWac Mustang solar plant in Kings County, California. The 75 MW or 4-hour 300 MWh energy storage system is a retrofit addition to the Mustang solar plant which was originally developed by Canadian Solar’s wholly-owned subsidiary Recurrent Energy. The solar plant connected to the grid in August 2016 and the project’s equity stake was sold to Goldman Sachs in May 2019, the current owner of the project. “We are excited to partner with Canadian Solar on this solution. We are very proud to…

TEXEL Energy Storage (TEXEL) and Arizona State University (ASU) have signed a cooperation agreement with the purpose to bring a new battery technology towards commercialization in the United States. The new battery technology that is originally developed by Savannah River National laboratory (SRNL), is potentially much more cost effective than Lithium-Ion batteries in large scale and is 100% circular. Savannah River National Laboratory (SRNL), one of US Department of Energy’s (DOE) seventeen national laboratories, and the laboratory behind the development of the Hydrogen Bomb, has developed a new battery technology, based on thermochemical Metal Hydrides. In 2018, SRNL and TEXEL…

A consortium of offshore renewable energy and marine companies will lead a project to explore the viability of developing an offshore charging facility for vessels as part of the industry’s efforts to decarbonize its vessel operations. Funded by the first phase of the UK Government’s Sustainable Innovation Fund, the project – led by Turbulent Simulations, alongside Aluminium Marine Consultants, the Offshore Renewable Energy (ORE) Catapult, MJR Power & Automation, Tidal Transit and Bibby Marine Services – will look into the design of a permanently stationed Offshore Charging Vessel. The technology would allow electrified vessels, such as Crew Transfer Vessels (CTVs)…

NKT has entered into service agreements with Elia, 50Hertz and Nemo Link with the purpose to ensure efficient integration of energy into the Belgian, UK and German power grid. With the agreements, NKT and the three grid operators join forces to ensure minimum downtime in case of unpredicted damages to the assets included. The agreements cover several export cables connecting offshore wind parks to the onshore grid, and the interconnector Nemo Link connecting Belgium and the UK. Within the scope of the agreements with Elia and 50Hertz, NKT will ensure offshore repair preparedness, including inspection and maintenance of spare parts,…

Wavepiston has launched a crowdfunding campaign on Seedrs in order to raise between €2 and €3 million in order to fund the final phase of development of its patented wave energy technology and to demonstrate the technology at full scale. Wavepiston’s technology is capable of delivering both electricity and desalinated water from the energy in waves. Since 2009, the company has developed and tested its technology, taking it to a mature state. This campaign represents an opportunity to become part of the company’s future journey and invest in the innovations surrounding ‘green’ energy. Shares are available on the Seedrs crowdfunding…

Saitec Engineering has been awarded with €2.4 million funding by the European Commission “Blue Economy Window” call. The European Maritime and Fisheries Fund (EMFF) launched in November 2019 a call for proposals named ‘BlueInvest Grants: Investing in Blue Innovation’ with a total investment of €22 million to develop and bring to market new products, services, and business models for small and medium enterprises that could ultimately improve market readiness of technologies and/or maritime services. The funding for SATHScale project will allow to address the challenge of bringing to market SATH floating wind technology through scaling-up the prototype from the technology…

Danish transmission system operator Energinet has selected EOLOS Floating Lidar Solutions to deploy a floating LiDAR buoy in the Hesselø offshore wind farm area. The floating LiDAR buoy will measure twelve months of wind speed and direction at the site located in Kattegatt more than 30 kilometers north of the coast of Zealand (Sealand). Also, oceanographic data will be measured in the same location, either by the same Floating LiDAR system or by another measuring system, Energinet said. A third-party technical note on the expected validity, reliability, and bankability of the measurement data will be delivered together with the measurement…

To accelerate the deployment of sustainable energy, the electrification of societies and unlock new growth opportunities, Vestas has launched a new venture investment programme entitled Vestas Ventures. For four decades, Vestas has been a driving force in innovating technology solutions to create a sustainable energy system. This journey has driven wind energy to become one of the cheapest and most reliable sources of energy and has subsequently made the world’s energy mix more sustainable. As the corporate venture capital arm of the company, Vestas Ventures will invest in early-stage start-ups within sustainable energy. Vestas Ventures will partner as a lead…