Author: Arnes Biogradlija

Ørsted has decided to invest in the Danish demonstration project H2RES at Avedøre Holme in Copenhagen, Denmark. H2RES will use offshore wind energy to produce renewable hydrogen. The project is expected to produce its first hydrogen in late 2021 and will be Ørsted’s first renewable hydrogen project in operation. H2RES will be Ørsted’s first renewable hydrogen project in operation and marks a new era in Ørsted’s green journey, where the power of offshore wind will be harnessed to decarbonize society beyond direct electrification, offering a path towards zero emissions for otherwise hard to abate sectors. H2RES will have a capacity…

NextPower III ESG (NPIII ESG), the third institutional solar fund of NextEnergy Resources, has acquired its second solar PV in Portugal and its first one in Chile. The capacity of the NPIII ESG in operation and under construction, across 15 projects/portfolios, is currently 430MWp in carefully selected geographies. NPIII ESG successfully secured nine transactions during the COVID 19 pandemic, demonstrating its investment manager’s ability to finalize investments under challenging circumstances. NPIII ESG has six additional exclusive projects with a total capacity of approximately 500MWp and a further pipeline of approximately 2GWp. The Portugal acquisition consists of a 11.6MW capacity project.…

Ricardo and AFC Energy have reached an agreement to find new and innovative renewable fuel solutions. The deal will concentrate on the collaborative production of hydrogen fuel cell service offerings, with an initial focus on marine, rail and stationary power generation. Collaboration will develop products and services that will actively help global initiatives to decarbonize transport, energy and essential infrastructure at national level. In combination with AFC Energy’s alkaline fuel cell technology platform, ‘H-Power,’ the collaboration will allow the design and delivery of high-quality and advanced technologies and explore new areas where both companies have a direct route to the…

Johnson Matthey (JM) has confirmed that its cathode material battery plant in Konin, Poland, will be powered entirely by electricity from renewable energy from the first day of production. Johnson Matthey (JM) has signed a solar and wind investment deal with Axpo. Axpo will provide green energy to Johnson Matthey’s new factory in Konin, which is scheduled to begin commissioning in 2022 to supply vehicle manufacturing platforms in 2024. Using 100 percent renewable electricity would substantially minimize the carbon emissions of the plant and help Poland’s transition to a lower carbon economy. The new plant in Konin marks a significant…

RWE has signed an agreement with Greencoat to sell a 24 percent stake in four RWE onshore wind farms in Texas. This contributes for a gross installed capacity of 207 MW pro-rata. The agreed purchasing price of around $160 million corresponds to an enterprise value of around $300 million (24 percent) which converts into an inferred enterprise value of $1.4 million/MW. Three ventures are in progress and one is under construction. After the close of the deal, RWE will continue to manage all four wind farms. The deal with Greencoat follows on from the announcement made in December 2020 by RWE to…

Siemens Gamesa has entered into an arrangement with Suomen Hyötytuuli Oy, a long-term customer of 81 MW, to supply the most powerful onshore wind turbine, the SG5.8-155, which represents the first acquisition of this new technology in Finland. A total of 14 turbines with a 155-meter rotor will be shipped to the Alajoki-Peuralinna site in central Finland, a two-hour drive from the coastal town of Vaasa. The turbine will be optimized to meet site specifications, like high towers, to harness better wind speeds and improve electricity generation. The turbines will also be fitted with a low-temperature kit and Ice operation to…

Poland is speeding the transition from fossil fuels with the construction of two new wind farms funded by the European Bank for Reconstruction and Development (EBRD). The EBRD is funding a €26 million loan for a project in the north-east of the country with a total installed capacity of 51,4 MW: Mława (37,4 MW), situated approximately 110 km northwest of Warsaw, and Grajweo (14 MW), 60 km southwest of Suwałki. The EBRD funding would be complemented by a parallel loan from the DNB. The wind farms will be designed and run by a joint venture between Taaleri SolarWind Fund II, the Helsinki-based renewable…

GE Renewable Energy has finalized supply and service arrangements (subject to final notice) with Ocean Wind, a Ørsted project situated 15 miles off the coast of Southern New Jersey. Ocean Wind will feature GE’s Haliade-X 12 MW wind turbine with a 13 MW option. The arrangements will include a five-year Service & Warranty arrangement to provide technical assistance for wind turbines along with the Ørsted Operational and Maintenance staff. The Haliade-X 13 MW uses the same design as the 12 MW, which ensures that the size and dimensions of the turbines are the same. However, GE Renewable Energy engineers have…

Thyssenkrupp Uhde Chlorine Engineers’ Green Hydrogen product division has been awarded an engineering contract to install an 88 megawatt (MW) water electrolysis plant for Hydro-Québec, a Canadian energy firm, after successfully completing a feasibility report. The water electrolysis plant will be installed in Varennes, Quebec, which will deliver 11,100 metric tons of green hydrogen per year. Both hydrogen and oxygen, a by-product of the electrolysis process, can be used in a biofuel plant to generate residual waste biofuels for the transport industry. With a power of 88 MW, this plant will be one of the world’s first and largest renewable hydrogen…

Acciona is coordinating a new project aimed at developing and validating Spain’s first offshore plant for the generation, storage and delivery of green hydrogen. The project will propose modular, scalable and smart optimization suited to the current business model focused on offshore renewable electricity generation, incorporating floating wind and photovoltaic technologies. The project will research various possibilities for the deployment of an offshore hybrid power generation system, analyze concept options through the entire hydrogen manufacturing, storage and delivery chain and find technologies that have the greater potential for growth based on the proposed new materials. The project will be established…