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,…
Author: Arnes Biogradlija
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…
Marcelo Penna Engineering and Safeway have joined forces to design an intelligent Service Operation Vessel with a very high emphasis on crew comfort, protection, and re-design to meet the future requirements of the offshore wind industry in the overall project logistics and turbine related O&M activities. Combined with the recently launched Safeway Gannet 3D motion-compensated offshore access system with its unique features such as ‘zero impact bumpering’ or ‘hover-mode’ and roll compensation capability, the outcome of the partnership is the DP2 MP625 SOV. A major benefit of this cost-saving engineering approach is that, even in the roughest sea conditions, the SOV will…
Akershus Energi and KLP have signed an agreement with Siemens Gamesa for the delivery of a total of 34 turbines to Odal Vindkraftverk, at a value of close to NOK 1 billion. Akershus Energi and Siemens Gamesa have collaborated to find cost-effective solutions to realize the project in Nord-Odal. Siemens Gamesa will deliver 34 wind turbines of the model SG-5.0-145 which are designed with a new control system that optimizes production and is specially adapted to Odal Wind Power Plant. “We have made tough demands on the suppliers of turbines to contribute with the most sustainable and future-oriented solutions on…
RWE Renewables and Nordex SE have successfully completed the process of acquisition of Nordex’ European onshore wind and solar development platform by RWE. This includes a total of 2.7 gigawatts (GW) of development pipelines in France , Spain, Sweden and Poland. RWE is strengthening its development platform in France with the purchase, with an overall pipeline of 1.9 GW in different phases of the project. Fifteen percent of pipeline projects are in close proximity to final investment decisions (FID) or late construction phases; approximately 230 megawatts of Contracts for Difference (CfDs) or other feed-in tariffs have been secured. At the…
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…