Author: Arnes Biogradlija

Semco Maritime has won a study to identify the break-even point of HVDC and HVAC transmission for a massive offshore wind farm. These days, massive offshore wind turbines are both growing in scale and distance from onshore connections. The transmission system, i.e. the technology used to transmit the generated wind power to the onshore link point, is a key technical feature that is strongly affected by this transition. This subject is the backbone of the study won by Semco Maritime. Transmission design versus direct current (HVDC) transmission design in two dimensions. The first dimension is the size of the wind…

Goldwind Australia has completed the installation of all 149 wind turbines at Stockyard Hill wind farm, located 35 kilometers west of Ballarat in Victoria. Stockyard Hill Farm is a joint venture between Goldwind Australia and Nebras Power, an international power investment firm based in Qatar. Since construction began in 2018, 149 wind turbines have been installed, approximately 110 kilometers of access track have been constructed, approximately 130 kilometers of underground cables have been installed, a 75 kilometers 132 kV multi-duplex power line has been installed, three on-site substations have been completed and a major terminal station near Lismore has been…

Canada Pension Plan Investment Board (CPP Investments) has established a new, U.K.-based platform – Renewable Power Capital (RPC). The platform is funded by CPP Investments’ multi-billion Power & Renewables investment strategy and will invest in solar, onshore wind and battery storage, among other technologies, across Europe. The company would be a majority-owned, but separately run portfolio company. RPC is led by Bob Psaradellis as CEO, formerly GE Energy Financial Services, where he successfully closed capital investments in energy assets of over €5 billion in corporate value and raised over $14 billion in third-party equity and debt for GE’s energy, renewables,…

The first of the 21 turbines already built has been connected to the power grid and has begun to generate electricity. When completed, the wind farm will consist of 114 Nordex turbines with a total installed capacity of 474 megawatts. The site would produce enough renewable electricity to provide the equivalent annual consumption of up to 300,000 Swedish households. RWE Renewables has a 20 percent interest in the project and will run and manage the wind farm when it is completed. “The Nysäter wind farm will play an important role in achieving Sweden’s ambitious climate targets. Our involvement in this…

Encavis Asset Management has completed the acquisition of a portfolio of Finish wind farms on behalf of two of its Luxembourg special funds. Both funds are administered by the Service-KVG HANSAINVEST LUX. The portfolio of wind farms with a nominal capacity of 36,2 MW is distributed throughout the regions of Lapland, Osterbotten and Nordosterbotten. With wind speeds of up to 7.8 m/s, the four locations have first-class structure conditions for high plant profitability. In addition, because of its stable country ranking and very clear frameworks, Finland is an important market for onshore wind investment. The entire plant has been connected…

Energy Infrastructure Partners will invest in BayWa with a capital increase of €30 million. The deal will result in a shareholding of 49 percent and will produce substantial value in the renewable energy sector. The transaction, signed in Munich, will allow a consortium of investors advised by Energy Infrastructure Partners (EIP), including the Bayern Insurance Chamber, to participate in BayWa’s global renewables platform. BayWa has a photovoltaic and onshore wind pipeline of more more than 13 GW, which is diversified across more than 20 countries worldwide. Partnering with EIP will allow an accelerated build-up of BayWa’s global and technologically diversified…

The International Renewable Energy Agency (IRENA) and the African Development Bank (AfDB) have agreed to work closely together to advance the continent’s energy transition through joint efforts to encourage investment in low-carbon energy projects. Under the Declaration of Intent, the two organisations confirmed their wish to work together to support the continent’s energy transition within the context of core activities. These include co-hosting green energy investment forums as part of IRENA’s contribution to the Climate Investment Platform and cooperation on the Bank’s annual Africa Investment Forum. In addition, a strong focus will be put on concrete support to strengthen the…

Boralex has commissioned the Cham Longe repowering and Extension Seuil de Bapaume wind farms, generating a total output of 53,4 MW and located in the departments of Ardèche and Somme, France, respectively. This takes the installed capacity of Boralex to 1,037.7 MW in France and its overall capacity to 2,246 MW worldwide. “Our teams and suppliers stayed the course during the pandemic and completed these two major projects. This underscores both their commitment and adaptability. With these commissionings, Boralex is adding to its capacity and getting one step closer to its strategic goal of 2,800 MW by 2023.”Patrick Decostre, president…

Vestas has received a 39 MW order for an undisclosed project in Italy. The contract includes the supply and installation of eleven V136-3.45 MW wind turbines delivered in 3.5 MW Power Optimised Mode, as well as a 15-year Active Output Management 5000 (AOM 5000) service agreement. Turbine delivery is scheduled to take place in the second quarter of 2021, while commissioning is planned for the fourth quarter of the same year.

Thirty-two UK companies from the oil and gas, aerospace and defense sectors have joined forces already operating in the renewables field to launch the Offshore Wind Growth Partnership (OWGP) Wind Expert Support Toolkit (WEST) pilot program. WEST will promote the development of new and emerging offshore wind supply chain companies by offering professional business support, market analysis and industry insight to both existing and cross-sector supply chain companies. To meet the needs of the sector and create a strong UK supply chain that can meet the growth goals set out in the UK Offshore Wind Sector Deal, there must be a…