Author: Arnes Biogradlija

Capital Dynamics’s Clean Energy Infrastructure (CEI) business has achieved financial close on a 383 megawatt (MWdc) solar photovoltaic project, located on the Moapa River Indian Reservation in Nevada. This transaction represents the financial close for the Eagle Shadow Mountain project and builds on the initial collaboration with 8minute Solar Energy, which continues to oversee project development. The project is anticipated to generate up to 400 new jobs during the 18-month construction period, with 10 full-time employees working at the plant upon completion by the end of 2021. The project marks the Clean Energy Infrastructure Team’s third transaction with the leading…

Equinor has entered into an agreement with Eni to sell a 10 percent equity interest in the Dogger Bank wind farm A and B assets in the UK for a total consideration of around £202.5 million. Eni also entered into an agreement to buy a 10 percent stake in Dogger Bank A and B from project partner SSE on the same terms. When the deal is completed, the new cumulative shares in Dogger Bank A (1.2 GW) and Dogger Bank B (1.2 GW) will be – SSE (40 percent), Equinor (40 percent) and Eni (20 percent). Eni will join the…

RES has won the Outstanding Service prize at the Scottish Green Energy Awards for its extraordinary efforts to keep the lights on during the Covid-19 pandemic. Throughout this year RES’ asset management and O&M teams have continued to keep renewable projects operating, helping to keep the lights on for 2.4 million homes. Responsible for 3GW or 10% of the UK’s renewable energy generation capacity RES has also proactively carried out ‘major works’ at some of the 76 onshore wind farms or 742 turbines, 61 solar farms, 3 storage projects and 6 offshore transmission assets. In its nomination RES was also…

GRS has successfully energized the Molong solar farm, operated by Amp Energy, in the Molong area of New South Wales. It’s up and running after delivering its first output, taking a preliminary step towards its commissioning and beginning grid link tests. The photovoltaic project, which covers 80 hectares of land on which 89,088 photovoltaic modules and 1,024 solar trackers have been installed, has an installed capacity of 39 MWp, which will generate approximately 78,000 MWh of renewable energy per year. In addition, once the facility generates 100 percent, it can provide electricity to some 11,000 Australian households, while preventing an…

RES has signed an agreement with local civils contractor, Edward Mackay, at its Kintradwell wind farm proposal in east Sutherland. The agreement grants Edward Mackay the right of first refusal of civil construction work for the planned scheme –helping to ensure important local jobs and employment opportunities for local people should the project obtain consent. RES has also committed itself to funding a local apprenticeship at Edward Mackay, with a view to completing the apprenticeship in time for construction work beginning at Kintradwell. The scheme, which lies approximately 8 kilometers north of Brora, has undergone many design iterations. In response…

Decarbonizing the economy to fight climate change is one of the most urgent goals that countries and companies have set for the coming decades. Wind energy is having a huge impact on reducing the world’s reliance on fossil fuels for electricity generation, but the challenge of decarbonizing the economy requires the massive deployment of carbon-neutral fuels in other polluting sectors, such as transport and heavy industry. Siemens Gamesa is embarking on the path of decarbonizing those industries by installing the first system in the world capable of producing green hydrogen directly with a wind turbine, with no connection to the…

Vestas recently unveiled to the Indian market, the V155-3.3 MW turbine – optimised for low and ultra-low wind conditions. Based on an internationally tested 4 MW platform, the V155-3.3 MW increases the turbine swept area by 67 percent compared to the V120-2.2 MW and greatly enhances partial load output in low-wind conditions with a high rotor-to-rating ratio. The V155-3.3 MW increases annual energy production (AEP) by more than 3 percent for a 300 MW wind park with 46 fewer turbines, providing an increased degree of business case certainty. The new turbine also features a full-scale converter delivering excellent grid compliance and…

Eco Wave Power has appointed Aharon Yehuda as Chief Financial Officer. Yehuda will begin his employment immediately and will be based in Eco Wave Power’s global headquarters in Tel Aviv, Israel. Yehuda joins Eco Wave Power with extensive experience in corporate and operational finance, most recently as CFO of Turbochrome, a subsidiary of the publicly traded TAT-Technologies Group, adding MRO jet engine capability to TAT’s suite of commercial and military aviation services. “Aharon brings Eco Wave Power more than 20 years of leadership roles with a proven track record in complex financial organizations, where he was responsible for leading teams…

Global Wind Energy Council (GWEC) welcomes the recent decision by the Vietnamese government to approve an extension of the Feed-in Tariff (FIT) scheme for wind power in the country. Proposed dramatic reduction in the FIT risks significantly harming the development of Vietnam’s promising wind power market, slowing down investment and creating new jobs, and making it more difficult for Vietnam to meet increasing energy demand. The proposed new FIT rates, which will be included in an official letter from the Ministry of Industry and Trade in October 2020, will be 7.02 US cent/kWh for onshore wind and 8.47 US cent/kWh for…

Cypress Creek Renewables has completed the sale of two Massachusetts community solar projects totaling 6.35 megawatts (MW) to CarVal Investors. The projects, which are located in Bristol and Franklin counties, are community solar projects that Cypress Creek developed under the state’s Solar Massachusetts Renewable Target (SMART) program. “This expansion of the existing relationship between Cypress Creek and CarVal is truly a reflection of the strength of the partnership our teams have built. We are pleased to have this opportunity to get involved in Massachusetts’ SMART program, while providing affordable power to Massachusetts homes and businesses.”Sarah Slusser, CEO of Cypress Creek…