Author: Arnes Biogradlija

Voltalia has signed a share purchase agreement to acquire a 70 percent controlling interest in the portfolio of four solar power plants (57 megawatts) installed, operated and partially developed by Voltalia in Jordan since 2015. Backed by the recent establishment of its solar hub in Egypt and the long-term local presence as a service provider, Voltalia is becoming a power producer in the increasing Jordan market. Energy demand in Jordan is expected to increase significantly, with a projected 2.5 gigawatt increase in installed capacity over 2017-2025 due to the competitiveness of photovoltaic power. Voltalia’s portfolio comprises three 11 megawatt plants located…

European Energy has received greenlight from the Aabenraa municipality for its plans to build the biggest solar farm to date in Northern Europe. With an output of 300 MW, the project is the largest to date in Northern Europe and will contribute an annual reduction of some 110,000 tons of CO2 emissions. The facility will be located in the vicinity of upcoming data centers as well as a major regional transformer station and will provide enough green power to supply more than 75,000 Danish households. “Working together to find common ground is absolutely key to make a project of this…

SN Power has signed a binding agreement to purchase 100 percent of the shares of the 39.4 MW Dam Nai wind power joint stock company in Vietnam from Mekong Wind Pte, which is wholly owned by the Singapore-based Armstrong South East Asia Clean Energy Fund. Dam Nai Wind is located in the “renewable energy capital” of Vietnam, in the province of Ninh Thuan, approximately 350 kilometers north of Ho Chi Minh City, in the southern part of the country. The wind farm was built in two phases –phase I (7.9 MW) reached commercial operation in October 2017 and phase II (31.5…

According to the new market outlook released by GWEC Market Intelligence, 71.3 GW of wind power capacity is projected to be installed in 2020 despite the effect of COVID-19, which is just 6 percent lower than pre-COVID projections. This is a substantial improvement from the initial projections that wind power installations will be reduced by up to 20 percent as a result of the pandemic, showing the strength of the wind power industry across the globe. From 2020 to 2024, the cumulative global demand for wind energy will expand at a compound annual rate of 8.5 percent and build 348 GW of…

Crown Estate Scotland has confirmed the final process and timelines for ScotWind Leasing going forward. Following the launch of ScotWind Leasing in June 2020, Crown Estate Scotland will issue the Post-adoption Addendum to ScotWind Leasing on Friday 15 January 2021, which will confirm the final arrangements for the submission of applications. However, Crown Estate Scotland will be able to provide clarity in response to requests for certain final arrangements after that time and up to the nearest closing date for applications. The closing date for applications to ScotWind Leasing will be Wednesday 31 March 2021.  In the near future, Crown Estate…

Mainstream Renewable Power has signed a joint venture agreement with the Vietnamese company Advance Information Technologies (AIT) to co-develop a 500MW offshore wind project in the province of Ben Tre, Vietnam. The project obtained the appropriate site survey license earlier this year. Since then, a feasibility study has been completed and a Power Development Plan (PDP) application has been submitted to the Ministry of Industry and Trade of Vietnam with a view to include the project in the upcoming national PDP term 2021-2030 to 2045 (PDP 8) of the Government of Vietnam. The project is expected to reach Financial Close…

EIT InnoEnergy has launched the European Green Hydrogen Acceleration Center (EGHAC), an ambitious initiative to support the creation by 2025 of an annual €100 billion green hydrogen economy that could generate half a million direct and indirect jobs across the supply chain of green hydrogen. Breakthrough Energy, a network of companies created by Bill Gates and the world’s top tech and business leaders, is supporting the effort to speed up the transition to a clean energy future. Closing the price gap between carbon-emitting technologies and green hydrogen, which would drive significant hydrocarbon displacement in energy-intensive industrial applications ( i.e. steel,…

Because of reduced hydropower generation due to draughts and lower water levels in the dams, Cambodia, which relies heavily on hydropower, has experienced power shortages. The country’s new 10-year plan offers limited impetus for the construction of mainstream dams and seeks alternative sources to meet the demand for electricity from coal, LNG, solar PV and imports from neighboring countries. Around 83 percent of the new generation capacity built between 2020 and 2030 will be from coal (56 percent) and solar PV (27 percent), while the remaining new capacity will probably be accounted for by hydropower (8 percent) and oil (9…

New RenewableUK research shows that the total onshore wind capacity will rise to 30 GW, more than double the current operating capacity of 13.6 GW in the UK, providing a boost to goals for net zero and green recovery. The latest Onshore Wind Project Intelligence report shows that over the course of this decade, new onshore wind capacity is expected to rise as technology costs decline and next year’s auction for power generation contracts resumes. We will see the most important rises in deployment from 2025 onwards, hitting 30.361 MW by the end of 2029, if everything in the current…

Luxcara has bought the largest German PV project developed by BELECTRIC. To build and run the 172-MW solar farm, Luxcara has selected BELECTRIC. Last week, the contracts for this partnership were signed. The parties decided to keep secret the price of the transaction. Before the end of this year, BELECTRIC will begin the development of a large solar farm in the municipalities of Tramm and Lewitzrand in the state of Mecklenburg-Western Pomerania. Just under 420,000 photovoltaic modules will turn sunlight into electricity following the completion of the power plant at the end of 2021. To supply the equivalent of about…