Author: Anela Dokso

Tokyo Gas America, a wholly owned subsidiary of Tokyo Gas, has acquired Hecate Energy’s Aktina solar project, a 500MWac/631MWdc solar project located in Wharton County, Texas. Aktina is located near the high-demand Houston load center and will begin construction in Q3 2020. The generated power will be sold to the ERCOT wholesale market. Marathon Capital acted as exclusive buy-side financial advisor to Tokyo Gas on the transaction, providing comprehensive due diligence support, offtake advisory, and project valuation. With the acquisition of Aktina, the total renewable energy capacity Tokyo Gas owns or is under contract to acquire in Japan and globally…

The CrossWind consortium, a joint venture between Shell in the Netherlands and Eneco, has awarded Fugro a contract to deliver geotechnical site investigation solutions to support development of the Hollandse Kust (noord) offshore wind farm. The site investigation solutions will comprise an unexploded ordnance (UXO) site clearance survey followed by a seabed cone penetration test (CPT) investigation. After clearing the sites with the Fugro vessel Atlantis Dweller, Fugro will mobilize its seabed SEACALF Mk V DeepDrive CPT system for the fieldwork, which is scheduled to begin this month and should complete by the end of September. The SEACALF acquires high-quality…

Archer Knight has added offshore wind developments – floating and fixed, as well as subsea oil & gas developments to Flowline, the company’s software-as-a-service (SaaS) market intelligence platform. Flowline drives data and analysis directly to its users, with charts and graphics on data points including vessel activity, ongoing projects, and offshore activity. In the first phase, the company added Western Europe – around 200 projects. The full expanse of offshore wind developments (around 700 projects) will be included by early September. Users will be able to see details of ownership and operators of all the developments. “Flowline continues to grow,…

Q CELLS has signed an agreement to acquire a 100% stake in San Francisco-based energy storage solutions company Growing Energy Labs, Inc. (Geli). The transaction is subject to customary closing conditions, including regulatory approvals. Geli’s end-to-end software platform streamlines the energy storage development process, offering the industry’s leading solution for design, automation, and management of Battery Energy Storage Systems (BESS). Geli’s products, powered by artificial intelligence, determine the optimal size of the BESS, and maximize the stacked revenue potential for customer deployments. Q CELLS’ acquisition of Geli is its first of an energy storage solutions company and marks its entrance…

Salt River Project (SRP) is participating as one of 18 anchor sponsors in the Low-Carbon Resources Initiative (LCRI), jointly led by the Electric Power Research Institute (EPRI) and the Gas Technology Institute (GTI). SRP is the first Arizona utility to be part of the LCRI, which is an international collaborative spanning the electric and gas sectors that will help advance global, economy-wide deep decarbonization. “Large-scale investment and information sharing with partners from across the country and world translates to dramatic impact and significant steps towards a zero-carbon future. While SRP has our own aggressive goals to reduce carbon emissions, our…

INNOSEA, a part of LOC Group, has been invited to join the Floating Solar JIP consortium, a group of 23 leading companies in the renewable energy arena. Led by DNVGL, the consortium is aiming to develop the first recommended practice for the development of floating solar power projects; creating the first commonly recognized standard. The standard will be based on a defined list of technical requirements for developing safe, reliable and sustainable projects. Joining the consortium is on an invitation only basis, requiring the approval of all existing members. Areas that INNOSEA will focus specifically include site characterization, energy yield,…

Solstad Offshore has secured a contract with an undisclosed EPIC contractor for the Construction Support Vessel (CSV) Normand Baltic. The vessel will be utilized in the development phase of an offshore wind project in Taiwan. The contract will start during 1st half 2021 and will have a duration of up to 220 days. Normand Baltic, of STX 06 CD design, was built in 2010. The vessel has a length of 96,3 meters and a beam of 20 meters with the capacity to accommodate 80 persons in total. With this contract for Normand Baltic, Solstad continues to expand its activity within…

Jiangsu Seraphim Solar System (Seraphim) has entered into a 150 MW photovoltaic modules supply agreement with Raystech Group (Raystech). Seraphim will supply to Raystech its S3 series half-cell modules with output power up to 440W combined with a conversion efficiency exceeding 19.78 percent. “The long-term friendly cooperation between Seraphim and Raystech has laid the foundation for their joint development of the global distribution market. Raystech’s distribution network in Australia, New Zealand, Southeast Asia and Europe have provided efficient and attractive Seraphim products with professional and appropriate services to the various regions. We are very optimistic about this cooperation.”Polaris Li, president…

Ocean Installer has established a new business segment; developer of offshore wind, in synergy with offshore wind installation ambition. Olav Hetland has been appointed to the role of director Offshore Wind Farms to lead this strategy. Hetland has more than 30 years’ experience within the energy industry, of which more than 17 years within renewable energy. He is currently senior vice president, Wind and Solar Northwest Europe in Statkraft, were he has held senior management positions for more than a decade. He was previously responsible for building up Statkraft’s offshore wind activity from 2010 until the projects were successfully sold…

The new EU Strategy on Offshore Renewable Energy must include a target of 100MW of ocean energy installed in Europe by 2025, Ocean Energy Europe reported. This would be enough to power 100,000 European homes a year, and would pave the way for installing 3GW by 2030 and 100GW by 2050. This target would provide the political impetus and incentives needed to maintain Europe’s position as the global leader in ocean energy and create a new industry for Europe. Four priority actions are needed to achieve this, according to Ocean Energy Europe. First on the list is the formation of…