The Gresham House Energy Storage Fund has selected EDF to optimize its new 50MW battery site in the Wickham Market. Capable of storing 75MWh of energy, this is the UK’s largest battery installed to date. The arrangement will see EDF, in addition to the control partner Upside Energy, direct the energy flow of the battery to all markets, including Dynamic Containment, generating revenue for the fund both within and outside the National Grid partnership. The agreement leverages EDF’s industry-leading trading experience and benefits from EDF’s proven track record of optimizing revenue for two of its other properties, Littlebrook and Rufford,…
Author: Arnes Biogradlija
Falck Renewables has purchased the remaining 30 percent of Big Fish SPV and Iron SPV from Canadian Solar Group. Big Fish SPV owns a solar project currently under construction in the provinces of Catania and Siracusa, Sicily, with a total capacity of more than 250 MW. The project, which acquired grid link and preliminary land rights, applied for licenses and permits at the end of 2019. Iron SPV is the owner of a solar plant under construction in the province of Catania. The total capacity of the project is approximately 35 MW. The project acquired grid link and provisional land…
Solarcentury has received construction permits for three solar farms in Cádiz, Spain. Construction, which is scheduled to begin in the first quarter of 2021, will require an investment of €75 million. Once completed, the projects would further improve the energy transition in Spain. The three sites, Arenosas, Malabrigo and El Yarte, will be built on a 350-hectare site and generate 305 GWh of renewable energy per year, enough to power 90,000 households. At its peak, the construction phase of growth is projected to generate 400 jobs. Each project will have an installed capacity of 50 MWp. Collectively, 90,000 tons of…
RES and Octopus Renewables have signed a three-year spares management contract which will see RES supply inverter spares for the clean energy investor’s solar assets in the UK. The agreement requires RES to own over 1000 spare parts that are compatible with Octopus Renewables’ inverter fleet and deliver these on-demand within a guaranteed time period. This provides substantial availability improvement and commercial advantage for 640 MW of Octopus’ UK solar portfolio. To support this and other recent growth, RES opened an operations and maintenance (O&M) site in Exeter earlier this year. The new 2000 sq ft facility enables enhanced spare…
Vestas will supply and oversee the construction of V150-4.2 MW turbines for the two 50 MW Nhon Hoa 1 and 2 wind farms in Gia Lai Province of Vietnam. The order is given by Phu Dien JSC, one of Vietnam’s largest customers, who earlier this year signed contracts for two other projects with a total capacity of 88MW. “Vestas is pleased to secure two more projects with Phu Dien JSC in Vietnam. Our partnership demonstrates Phu Dien JSC’s trust and confidence in Vestas’ industry leading wind energy solutions. This deal will further strengthen our commitment to support Vietnam’s ambitions to…
Canadian Solar has completed the sale of Gunma Aramaki, a 19 MWp operational solar power plant in the Yamaguchi Prefecture in Japan for approximately $64 million. Canadian Solar sold its equity interest in the project to a number of passive investors in Japan and remains the asset manager and provider of operations and maintenance (O&M) services under a long-term arrangement. Gunma Aramaki entered commercial service in December 2018 and is powered by Canadian Solar High Efficiency Modules. The electricity produced is purchased by Tokyo Electric Power Company at a rate of $0.35 per kWh for a period of 20 years.…
Ventolines has signed as an offshore wind expert partner for the Mayflower Wind project off Massachusetts and opened its first permanent U.S. office in Boston. Mayflower Wind, a joint venture between Shell New Energies and Ocean Winds (the global offshore wind partnership between EDP Renewables and ENGIE), will produce enough clean energy to power more than half a million homes in Massachusetts. The project uses a federal lease area roughly 30 miles south of Martha’s Vineyard and 23 miles south of Nantucket. Mayflower has power purchase agreements in effect with Massachusetts 804 megawatt (MW) power generation utilities. Ventolines will provide…
Siemens Gamesa has signed a wind power supply agreement with Ørsted for the 298-MW Haystack wind farm in Nebraska. The Haystack project includes the supply of 51 SG 5.0-145 wind turbines and 18 safe harbor turbines. The first deliveries are expected to begin in the summer of 2021 with commissioning expected in fourth quarter 2021. The order also includes a 30-year full-scope service and maintenance agreement covering primary activities related to the service and maintenance of the units “Ørsted is a key partner in our offshore business and we are excited to expand that partnership into onshore wind power. The…
The Danish Energy Agency has approved Vattenfall’s construction and environmental assessment plans for the Vesterhav Syd and Nord offshore wind farms. This means that Vattenfall will now begin the next step of work on offshore wind farms, which will generate climate-friendly electricity equal to the annual consumption of 380,000 Danish households. “Getting approval from the Danish Energy Agency is good news for the green transition and the goal of enabling a fossil-free society in Denmark. The Danish Energy Agency has carried out a thorough review of our environmental assessment and the responses to the public consultation. We are satisfied that based on…
South Jersey Industries (SJI) and Atlantic Shores Offshore Wind (Atlantic Shores) to collaborate on a green hydrogen pilot program, which will research, monitor, and analyze the deployment of hydrogen technology and natural gas blending in New Jersey. Atlantic Shores is pursuing the development of a portfolio of offshore wind generating facilities on the Atlantic and Ocean County coasts, and SJI and Atlantic Shores have entered into a memorandum of understanding to explore utilizing the excess electricity generated from the wind projects to create “green hydrogen,” a renewable energy source that can be blended with SJI’s supply to lower carbon intensity.…