Author: Arnes Biogradlija

Lightsource bp has successfully closed a $380 million funding deal and mobilized the building of its Elm Branch and Briar Creek solar projects in Texas, both located about 40 miles south of Dallas. Tax equity funding of the ventures was secured from Bank of America. The debt for the facilities was provided by ING Capital and Societe Generale. “This transaction is a demonstration of the low risk and stable yield opportunities that renewable energy projects offer to investors, the quality and bankability of our developed assets, and the confidence that top tier investors have in Lightsource bp. Despite challenges posed with…

Clean Power and PowerTap Hydrogen Fueling have entered into a final agreement with Humboldt Petroleum, Peninsula Petroleum and Colvin Oil (collectively the Andretti Group) to build PowerTap’s modular hydrogen fueling stations beginning in California in 2021. The Andretti Group has more than 100 company-owned and operated businesses in the United States, with 39 in California. There are nearly 111,000 conventional/oil gas stations in the industry in the United States, of which more than 11,000 are in California. Under the terms of the Definitive Agreement, PowerTap will install its 1,250-kilogram hydrogen production and fuel stations at some assets of the Andretti Group…

Boralex has finalized a transaction with Delaware River Solar to purchase Sky High solar farm, based in New York State. Sky High Solar Farm is a 20MWac project located in Tully Town, Onondaga County. The project is ground-mounted and is being built on three different plots of land over 145 acres. The average electrical production is 35 gigawatt-hours a year, enough electricity to fuel 4,600 homes per year. The construction of the Sky High Solar Farm is scheduled to be finished in Q3 2022. “The acquisition of this mature development project marks our continual progress to achieving the growth and…

Leeward Renewable Energy, a growth-oriented renewable energy business and portfolio company of OMERS Infrastructure, has entered into a Purchase and Sale Agreement with First Solar in which Leeward will acquire from First Solar an approximately 10-gigawatt (GW)AC utility-scale solar project network. Upon conclusion of the deal, Leeward will purchase the project creation network, which comprises 773 megawatts (MW)AC of projects scheduled to begin implementation in the next two years, as well as the 30-MWAC Barilla Solar Project, which will be operational. The pipeline contains ventures in the California, Southwest and Southeast markets that are geographically complementary to Leeward’s portfolio. The…

The DecomBlades consortium, composed of ten project partners, has secured support from the Innovation Fund Denmark for the three-year project aimed at creating a framework for the commercialization of renewable wind turbine recycling technologies. Ten Danish project partners have obtained support from the Innovation Fund Denmark’s Grand Solutions initiative to co-finance the ‘DecomBlades’ research and development project: a three-year project that aims to provide a foundation for commercializing sustainable solutions for the recycling of wind turbine blades. Project members are headquartered in Denmark, but many work around the world and have the potential to execute strategies on a global scale. The…

Kongsberg Maritime has signed a letter of intent with the Chinese shipbuilder Yantai CIMC Raffles Offshore to deliver a large technology package to the BT-220IU Wind Turbine Installation Unit. BT-220IU is to be designed for the Norwegian company OIM Wind, with a choice for another vessel of the same design. The vessel would be ideal for the transport and construction of several sets of next-and future-generation wind turbines and their foundations. The Kongsberg Maritime Integrated Solution for Wind Turbine Installation Units is key to the cost-effective and environmentally friendly profile of the new vessel, which is scheduled to be launched by…

HYZON Motors has signed an agreement with AIDRIVERS to develop an integrated vehicle platform for the manufacture of autonomous zero-emission trucks, buses and coaches for off-road industrial mobility operations. HYZON and AIDRIVERS will work together on the concept, produce and supply of self-propelled hydrogen-powered trucks, buses and coaches with an initial emphasis on ports in the Asia-Pacific region as end-users. The first demonstration of a fully autonomous hydrogen fuel-cell driven truck is planned in 2021, with the first fleet of operating trucks to be delivered in 2022. “We have seen, over the past few years, many industrial operators around the…

The first of 90 turbines has been successfully installed at the Triton Knoll offshore wind farm. The V164-9.5 MW turbines are produced by Vestas, which has put its Isle of Wight and Fawley blade facilities at the heart of component development. All blades, nacelles and tower parts are handled by a sophisticated turbine pre-assembly and development base set up by Triton Knoll and Vestas at the Able Seaton Port in Teesside. The installation is carried out by DEME, using the Wind Osprey jack-up vessel supported by Cadeler. The 9.5MW turbines are among the most powerful working in the world and…

Mitsubishi Heavy Industries (MHI), Shell, Vattenfall and the municipal company Wärme Hamburg have signed a letter of intent to plan how they will jointly generate wind and solar hydrogen at the Vattenfall Moorburg power plant in Hamburg and use hydrogen in its vicinity. In addition to the installation of a scalable electrolyser with an initial capacity of 100 megawatts, further development of the site into a ‘Green Energy Hub’ is expected. This involves investigating the degree to which the current Moorburg site facilities can be used to produce electricity from renewable sources. Concepts for the required logistic chains and storage…

Sumitomo Corporation and JGC Holdings Corporation and Construction (EPC) business of JGC Group have signed a contract with Front End Engineering and Design (FEED) for a hydrogen based project proposed by Sumitomo Corporation in Gladstone, Australia. This project is part of a larger initiative that aims, in the long term, to create local hydrogen production and consumption in Gladstone by extracting hydrogen from the electrolysis of water using solar PV as the key source of energy. The initial hydrogen production plant plans to manufacture 250-300 tons of hydrogen per year, with plans to expand production. In addition to producing hydrogen…