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Author: Arnes Biogradlija
Canadian Solar has completed the sale of two operational projects totaling 61 MWp to Canadian Solar Infrastructure Fund for JPY 30.6 billion. To finance the acquisition of the 53 MWp Oita Hiji-machi and 8 MWp Miyagi Ogawara projects, CSIF recently completed an international public offering and raised over JPY 18 billion ($166 million) on the Tokyo Stock Exchange. Canadian Solar participated in this transaction and continues to own approximately 15% of CSIF. Additionally, CSIF issued over JPY 19 billion ($175 million) of long-term debt to maintain its capital structure. “I am pleased to report that we have surpassed $1 billion…
Shell and Alfen have launched a pilot to trial an on-site battery-powered system to support ultra-fast electric vehicle charging at Shell’s Zaltbommel forecourt in the Netherlands. A Shell first, the battery-powered system offers an alternative solution to costly and time-consuming public grid upgrades by storing electricity in an on-site battery. This increased supply of energy helps power ultra-fast chargers, allowing drivers to simultaneously use the site’s two 175kW charge points. Connected to a Virtual Power Plant (VPP), the system provides additional benefits as it can use the spare capacity of the battery to sell electricity back to the grid at…
Iberdrola has teamed up with some of the UK’s main distilleries and spirits companies and the Port of Cromarty Firth to launch a green hydrogen project in the Highlands. The result will allow the whisky and spirit production industry in Scotland to develop this technology and fight climate change. The North of Scotland Hydrogen Scheme will create a hub in the Cromarty Firth to produce, store and distribute renewable hydrogen to the region and other parts of the UK and Europe. One of the leading projects – whose feasibility study will be released in May – will supply Scottish distilleries…
Adani Green Energy (AGEL) has commissioned a 100 MW Wind Power Plant in Kutch, Gujarat. This is the 5th project commissioned before schedule by the company over the past 12 months. The plant has Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) at Rs. 2.82/kwh. With the successful commissioning of this plant, the company has an operational wind generation capacity of 497 MW. AGEL has total renewable capacity of 14,815 MW including 11,470 MW that have been awarded and are different stages of implementation.
Fusion Fuel has signed an MoU with Confederación Española de Empresarios de Estaciones de Servicio (CEEES), the Spanish Confederation of Operators of Service Stations. The partnership will seek to jointly develop green hydrogen production capacity in Spain and supply cost-competitive green hydrogen to confederation members to build out a domestic hydrogen refueling network. Fusion Fuel will serve as the preferred supplier of electrolyzer technology to CEEES, using its HEVO-SOLAR solution to supply members of the group with cost-competitive green hydrogen for their refueling stations. Fusion Fuel’s technology uses solar radiation to produce green hydrogen without carbon emissions and can be…
Air Liquide plans to invest up to €86 million to acquire hydrogen and nitrogen production units from Atyrau refinery owned by KazMunayGas and to modernize them. In the framework of a new long-term agreement, ALMTG will operate these assets to supply industrial gases to the Atyrau refinery. Up to 200 million Nm3 of hydrogen and up to 50 million Nm3 of nitrogen will be produced annually on the site for different production processes, including desulfurization of fuels. Air Liquide will bring its technical know-how, digital, and energy optimization expertise to modernize the assets at Atyrau and improve the overall CO2…
Siemens Gamesa has signed a deal with EnergieKontor UK to supply Longhill Burn wind farm with the SG 5.8-155 turbines. The deal arrives before the next sale of renewable energy, CfD round 4, planned for the end of this year. The agreement reveals green shoots for the resilient onshore wind industry in the United Kingdom and is a positive indicator that one of the lowest cost sources of electricity is capable of helping to achieve the country’s ambitious net zero goal. The contract is also the first for the Siemens Gamesa 5.X platform in the United Kingdom, a platform with…
Hyundai Heavy Industries Holdings (HHIH) signed a memorandum of understanding (MoU) for cooperation in hydrogen and ammonia-related businesses with Saudi Aramco. The MoU was signed by Kisun Chung, Vice President & Head of Management Support Office at HHIH, and Ahmad A. Al Sa’adi, Senior Vice-President of Technical Services at Saudi Aramco. Via the deal, both sides are finding an incentive to create a cooperative model for environmentally sustainable hydrogen and ammonia, including collaborative research and production. Hyundai Oilbank, the HHIH oil refining unit, plans to collaborate with Saudi Aramco on the implementation of the carbon zero process, and Korea Shipbuilding…
Haldor Topsoe will build a large-scale production plant for SOEC electrolyzers to satisfy consumer demands for the production of green hydrogen. With the new facility, Topsoe will meet the increasingly growing demand for competitive electrolysis technology, mostly green hydrogen power plants focused on renewable energy. Development of the integrated manufacturing plant, which will be the first of its kind, is underway. Construction will begin in 2022 in order for the plant to be operational by 2023. “This new manufacturing facility is a concrete step to take a leading role in the ongoing energy transition towards a low carbon future. We…
A multi-partner plan involving the Port of Cromarty Firth has been initiated to create a green hydrogen center in the Highlands that will see Scotland leading the world in hydrogen technology. The North of Scotland Hydrogen Program intends to establish a center in Cromarty Firth to manufacture, store and export hydrogen to the area of Scotland, other parts of the United Kingdom and Europe. One of its ventures would supply hydrogen to distilleries in the area. A feasibility report on this kick starter of the Distilleries Project will begin this month and will be finished in June. It is financed privately…
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