Author: Arnes Biogradlija

Boralex has begun commercial commissioning of the 11 MW wind farm Blanches Fosses, situated in the French department of Aisne. The commissioning of this wind farm raises the capacity of Boralex in France to 1.004 MW and its overall capacity to 2.066 MW worldwide. “Blanches Fosses is the second wind farm commissioned in 2020 in France. In the midst of the health crisis, Blanches Fosses is proof that France is and remains a territory with high growth potential for renewable energy development. This is two celebrations in one with this commissioning and on our 30th anniversary, we were able to go…

DNV GL has supported CI III Monegros Energy Holdco in refinancing its portfolio of twelve wind farms with a capacity of in total 487.3 MW by providing technical advisory services to a consortium of six lenders. Refinancing of the properties at Commercial Operation Date (COD) was the purpose of the due diligence analysis offered by DNV GL. “Mobilizing finance for investment and innovation in low-carbon energy is a key challenge for climate change mitigation. Successful refinancing of renewable energy projects requires a better understanding of the relationship between different types of finance offerings and their willingness to invest in renewables…

Acteon Group has reviled Chris Johnston will join InterMoor as group managing director for the moorings and anchors of its global business. From all major oil and gas basins, Johnston brings with him more than 35 years of domestic and foreign industry experience. He was responsible for overseeing and directing the North and South America team, operating a large fleet of 29 rigs, in his most recent position as vice president at Valaris. “I am delighted to be joining InterMoor, and look forward to putting my experience to work and building on the excellent work already undertaken to establish a…

Statkraft has signed an agreement to acquire Solarcentury. Together, the companies are well placed to boost solar growth and to become one of the world’s leading companies in renewable energy. In Europe and South America, Statkraft will gain access to a 6 GW (gross) pipeline that, coupled with the current project portfolio of Statkraft, will instantly place the company as a leading developer in the European solar industry. The project pipeline for Solarcentury includes a range of high-growth markets, including Spain, the Netherlands, the UK, France, Greece, Italy and Chile. The deal includes the purchase of 100 percent of the stock…

Equinor revealed its goal of becoming a net-zero energy company by 2050. Emissions from development and final energy consumption are included in the ambition. It sets a clear strategic course and demonstrates the continued commitment of Equinor, in support of the Paris Agreement, to long-term value development. “Equinor is committed to being a leader in the energy transition. It is a sound business strategy to ensure long-term competitiveness during a period of profound changes in the energy systems as society moves towards net zero. Over the coming months, we will update our strategy to continue to create value for our shareholders…

Vattenfall will begin the construction of Klaverspoor wind farm in the province of Noord Brabant in the Netherlands next to the A16 motorway. The project requires an investment amounting to €45 million. Of this number, twenty-five percent will come from the Brabantse Ontwikkelings Maatschappij (Development Company of Brabant, BOM). “Vattenfall wants to make fossil-free living possible within one generation, but of course we don’t do that alone. The ‘Energy A16’ project is truly unique in the positive sense of the word in its interaction and relationship with landowners, local residents and the competent authority.”Over the past four years, we have…

EDF Renewables North America and Pedernales Electric Cooperative (PEC), have signed a 15-year Power Purchase Agreement (PPA) for a 100 megawatt (MW) share of the King Creek 1 wind project. The King Creek project is scheduled to begin producing renewable electricity in Q4 2021. The project is located in the western zone of the Texas Electric Reliability Council (ERCOT) market and was chosen by PEC under its 2020 RFP. King Creek 1 will consist of 47 generators for wind turbines. It is expected that construction will commence by the end of 2020. During its peak, the project will generate approximately…

Skyline Renewables will finance and manage the construction of a 250 megawatt (MW) solar project in Central West Texas. The Galloway I solar project, an 8-minute solar energy project, is expected to be operational by the end of 2021. “We’re very pleased to be adding such a robust solar project in the dynamic Texas energy market. This latest project marks another important step forward to becoming a leading North American clean independent energy platform. It helps balance our portfolio’s renewable energy mix, giving us peak power flexibility and diversity within ERCOT and allows us to better assist the market when…

RES’ asset management portfolio continues to expand, after signing a new deal with Red Rock Power to bring on board the Afton wind farm in East Ayrshire. This brings the total capacity of its asset management services in the UK and Ireland to 1.3GW. Located just south of New Cumnock, the 50MW, 25-turbine wind farm provides 35,000 homes with renewable energy, generating 3.5 million MWh over its lifetime. As well as site management, via its 24/7/365 Control Centre in Glasgow, RES will provide custom grid services for the wind farm, collaborating with National Grid to monitor real-time output from the…

One of the targets that countries around the world have set for 2050 is to decarbonize the planet. To do this, one of the keys is to decarbonize the production of an element such as hydrogen, resulting in green hydrogen, as this is actually responsible for more than 2 percent of total global CO2 emissions. The latest forecasts released at the end of 2019 by the International Energy Agency (IEA) forecast that global energy demand would rise by between 25 percent and 30 percent by 2040, which would mean more CO2 in an economy dependent on coal and oil, exacerbating…