Author: Arnes Biogradlija

TECO 2030 (TECO) plans to create Norway’s first large-scale development of fuel cells, optimized to be the core of hydrogen powered ships and other heavy-duty installations. The development of fuel cells is carried out in cooperation with the Austrian engineering company AVL. TECO 2030 has formed a unique partnership with one of the world’s most advanced R&D clusters. AVL will also contribute to the design and development of the facility. “Our ambition is to build an advanced innovation centre combined with a giga factory, meaning that we will produce fuel cells with a capacity of 1200 megawatts, or 1,2 gigawatt,…

Macquarie’s Green Investment Group (GIG) has acquired a 22 MW onshore wind farm in Scieki from the EnerCap Power Funds. The project is located approximately 1 km north west of the village of Scieki and approximately 75 km south west of Warsaw in central Poland. The project consists of 11 Vestas V90 2 MW wind turbine generators and has been in operation for more than eight years. The project helps to avoid an average of 39 kt of CO2e a year in greenhouse gas emissions. The purchase of Scieki sees GIG continuing to play an active role in the rising…

Nexans has secured a two-year global supply deal with Vestas to provide about one million WINDLINK turbine cable kits for onshore wind farms in Europe, the US, China and Brazil. This contract illustrates Nexans’ ambition to bring change to a new era of electrification through cost-effective wind power projects. The WINDLINK cable kits also benefit from a supply chain support worldwide thanks to Nexans’s manufacturing footprint in Europe, US, China and Brazil, including a recent extension of capacity in Poland and China. “ We are delighted to further extend our relationship with Vestas. Our vision is to build a world…

SolarEdge Technologies will supply full electrical powertrain units and batteries for the production of the Fiat E-Ducato light commercial vehicle. “We are excited to be a part of this significant moment for Stellantis as they introduce an electric version of the very popular Fiat E-Ducato light commercial vehicle to the European market. In combining our full electrical powertrains with Stellantis’ expertise, we are able to offer the market a best-in-class LCV e-mobility solution that responds to the needs of commercial customers and helps meet city centers’ carbon neutral goals. We are honored to have been qualified as a tier 1…

Bureau of Ocean Energy Management (BOEM) has issued a lease for the first wave energy research project in federal waters off the U.S. West Coast. This lease represents another step forward in achieving the Biden administration’s goals to address climate change and promote offshore renewable energy production. “This is the first time a lease has been issued to support the testing of wave energy equipment in federal waters off the U.S. West Coast. Ocean waves contain a tremendous amount of energy, and this opportunity offers exciting potential to demonstrate the viability of wave energy technology and expand the nation’s renewable…

Canadian Solar has closed the Japan Green Infrastructure Fund (JGIF). Canadian Solar will partner with Macquarie Advisory & Capital Solutions (Macquarie). Macquarie is both the financial advisor and a minority investor in the Fund. Japan Green Infrastructure Fund’s (JGIF) mission is to accelerate the development of new projects in Japan with clear monetization strategies, and expects to grant first offer rights to the Canadian Solar Infrastructure Fund (CSIF), a Japanese-listed infrastructure fund holding operating solar assets managed by Canadian Solar’s asset management subsidiary. The Fund marks Canadian Solar’s first platform entry into the private institutional capital pool. Together with Macquarie…

A2A and Octopus Renewables have signed a binding agreement for the acquisition of a portfolio of 17 photovoltaic plants with a rated power of 173 MW. The cash consideration paid for the portfolio is €205 million correspondent to an equity IRR of approximately 6%. “This operation represents the first relevant investment in the direction mapped by the new Business Plan presented at the end of January. With the acquisition of these 17 plants, we consolidate our position as the second largest operator in renewables by installed capacity in Italy and increase the amount of green energy available to customers”.Renato Mazzoncini…

Enel Green Power and Saras have signed a memorandum of intent to develop a green hydrogen project in Sardinia. The solution being studied involves using a 20 MW electrolyzer powered by renewable energy produced onsite to provide green hydrogen to be used as a raw material in the Saras refinery at the Sarroch industrial site in the province of Cagliari. “The signing of this memorandum of intent, confirms the Enel Group’s commitment to promoting the development of green hydrogen in Italy and worldwide, accelerating the energy transition. We are constantly seeking partnerships to identify the best applications for this technology,…

Synkero plans to develop a commercial plant for the production of sustainable aviation fuel (SAF). This so-called “e-fuel” will be produced using green hydrogen and CO2. This green hydrogen is produced from water and renewable energy. The factory will be located in the Port of Amsterdam, and is scheduled to be completed in 2027. Several technologies currently exist to produce SAF. One of these technologies is the synthetic route. As a feedstock, this ‘e-fuel’ uses CO2 from unavoidable industrial processes or the air directly. The CO2 is then converted to SAF through a chemical process in combination with green hydrogen.…

Voltalia has started the construction of 99.4-megawatt wind project at its new Canudos cluster, which has a 1 gigawatt potential. The Canudos 1 project is a wind farm of 99.4 megawatts, increasing from the 90 megawatts announced in December 2019. The long-term power sale agreement, for a duration of 20 years, was signed with Brazilian utilities Cemig. “After developing Serra Branca, the world’s largest wind-and-solar cluster in the state of Rio Grande Do Norte, I am pleased to announce the opening of our Canudos cluster in the state of Bahia. We are replicating the key success factors of Serra Branca…