Author: Arnes Biogradlija

ITM Power, Ørsted, Siemens Gamesa Renewable Energy and Element Energy have received €5 million in funding from the Fuel Cells and Hydrogen Joint Undertaking (FCH2-JU) under the European Commission to demonstrate and investigate a hybrid wind turbine and electrolyser device planned for use in marine environments. The Fuel Cells and Hydrogen 2 Joint Undertaking (FCH2-JU), a public private collaboration of the European Commission, has awarded €5 million to the consortium behind the OYSTER project, consisting of ITM Power, Ørsted, Siemens Gamesa Renewable Energy and Element Energy, to explore the feasibility and potential of integrating an offshore wind turbine directly with an…

Canadian Solar wholly-owned subsidiary, Recurrent Energy, has completed the sale of the 144 MWac Pflugerville solar project to Duke Energy Renewables, a subsidiary of Duke Energy. The project is under construction in Travis County, Texas and is scheduled to be commercially operational by mid-2021. The electricity generated by the Pflugerville Solar project will be sold to Austin Energy under a 15-year power purchase agreement (PPA). “This sale to Duke Energy Renewables is another milestone that demonstrates Recurrent Energy’s leadership position in the United States, where we currently have more than 5,700 MWac of solar projects under construction and in development.”The execution and sales process…

wpd has placed an order with the Nordex Group for 33 N163/5.X turbines for the 188 MW Karhunnevankangas project in Finland. The order also includes a deal for Premium Service covering a duration of 15 years and an option to extend it for another five years. The construction and completion of the wind farm in northern Ostrobothnia in western Finland is scheduled for 2022. The turbines will be supplied in a project-specific operating mode of 5.7 MW, resulting in a cumulative wind farm production of 188 MW. For the first time, the Nordex Group will mount turbines on tubular steel…

Peninsula Clean Energy has agreed to purchase 245 megawatts of power from three California wind projects, a major complement to an increasing solar generation portfolio that will help the agency achieve its target of providing reliable all-renewable, emission-free power by 2025. The additional generation of wind would put Peninsula Clean Energy closer to meeting its target of supplying renewable-only generation 24/7 by 2025. It will complement solar generation – including supply from newly commissioned 200-MW Wright Solar and 100-MW Mustang Two Whirlaway projects – particularly during colder months and other periods when solar power has historically declined. “In order to…

Canadian Solar has sold an ownership interest in its Hays and Jenner solar projects to BluEarth Renewables. BluEarth will also be responsible for overseeing the projects. Situated in southeastern Alberta, the two projects are 31 MWp (23 MWAC) in scale. The projects are co-owned by Conklin Métis Local 193, an indigenous group located in the rural hamlet of Conklin and part of the Athabasca Oil Sands area of eastern Alberta. Both projects are scheduled to begin commercial service in 2021. “This is our third transaction with BluEarth and given their strong Alberta presence and deep experience in operating and maintaining large-scale clean…

Vestas has received 8 MW order from Portuguese renewable energy producer, Finerge, for the extension of three wind parks across Portugal. pThe order includes the supply and installation of two V120-2.2 MW wind turbines and one V136-3.6 MW wind turbine and a 20-year Active Output Management 4000 (AOM 4000) service agreement. Located in mountainous areas, the four wind projects would benefit from Vestas’ experience in logistics and installations under even the most demanding conditions. “We are excited to partner with Finerge on these four projects that showcase the versatility of our portfolio. The reliability and competitiveness of our 2MW and 4MW…

VSUN has signed a $300 million investment agreement with Hoà Phú Industrial Zone in Bắc Giang, to build a 42 acre PV industrial park that will have a 4GW production capacity. The VSUN PV industrial park benefits from the strong political climate and industrial union resources of the zone. It’s close to Hanoi, the capital of Vietnam, and about 20 minutes’ drive from Hanoi airport. The VSUN PV industrial park will be built from 2021 to 2022. After completion, the annual capacity value is expected to reach $1.5 billion, attracting partners from the entire manufacturing chain, creating more than 2000 job opportunities and contributing effectively to local economic development. Phase I construction covers an area of 90000 square meters for 2GW high-efficiency solar cells. Construction Phase II covers an area of 77109 square…

Vestas has obtained a 95 MW order from European Energy, in collaboration with Eólica Tecnologia, for the Ouro Branco and Quatro Ventos wind projects in the state of Pernambuco, Brazil. The order consists of 21 V150-4.2 MW turbines delivered in 4.5 MW Power Optimized Mode with 120 meter towers and a 10-year Active Output Management 5000 (AOM5000) service contract to maximize energy generation for the lifetime of the project. “European Energy is a valued customer to Vestas globally and we look forward to building upon our existing partnership in Brazil. Both projects will feature our most recent 4 MW platform technology, ensuring…

Aquila European Renewables Income Fund, a wholly owned subsidiary of Tesseract Holdings Limited (THL), has entered into a Share Sale and Purchase Agreement (SPA) to acquire 89 percent of Desfina, an operating wind farm in Greece for an undisclosed sum. Upon completion of the acquisitions of Albeniz and Desfina, Aquila would have committed approximately €88 million of the recent €127.5 million earned in October. Closing under the SPA is scheduled to take place shortly. Desfina is an onshore wind operation consisting of two wind farms with an aggregate capacity of approximately 40 MW. The project is sponsored by an attractive, 20-year, 100…

Innergex Renewable Energy has closed its construction funding and tax equity contribution to its Griffin Trail project, a 225 MW wind farm located in Knox and Baylor Counties, in northwest Texas. The $276.2 million in funding was provided by Sumitomo Mitsui Banking Corporation, acting as Coordinating Lead Arranger, and CIBC, acting as Joint Lead Arranger, with a $171.4 million tax-equity contribution from Wells Fargo to be made available on the date of commercial service. “It was only a few months ago, when the U.S. Production Tax Credits deadlines were extended, that we knew we were in a strong position to bring…