Vestas has received a 46 MW order of 4 MW platform turbine components that qualify for the 60 percent PTC value from an undisclosed customer. These components will enable future wind energy projects that complete construction by the end of 2024. The PTC terms set in the PATH act, passed by Congress in 2015, made the wind industry the first energy industry to agree to permanent tax reform and have resulted in billions of dollars in wind energy investment in the U.S., including expansions in domestic manufacturing and supply chain, construction, transportation, tax revenue to local communities, and the addition of tens of thousands of jobs…
Author: Arnes Biogradlija
Stena is creating a solution for the use of recycled batteries in port charging stations. Stena is now taking the next step in the field of shipping electrification: the development of a new form of energy storage, similar to very large power stations, which will be necessary for the rapid charging of electric ferries in the future. The project is part-funded by the EU and will examine, among other things, how used batteries from the transport sector can be reused for energy storage in ports. “An incredible amount is happening in the world of batteries. New solutions are being designed…
ABB will supply P&O Ferries’ two new vessels with electric, digital and connected solutions, including Azipod propulsion and energy storage, reducing fuel consumption by one ton per return trip across the English Channel. ABB has secured a contract with Guangzhou Shipyard International for the supply of P&O Ferries’ two new vessels with a full range of integrated solutions. Using electric power from 8.8MWh batteries and diesel generators, the hybrid propulsion solution would reduce fuel consumption by 40 percent on the Dover-Calais route of P&O Ferries. Until more electric shore charging stations are available, the batteries will provide maximum power for…
The Global Wind Energy Council (GWEC) has called on the Government of Vietnam to expand the Feed-in-Tariff (FiT) wind energy scheme with urgency. Due to uncertainty around the investment system, Vietnam’s wind industry is already facing a slowing of investment in 2020, and further delays in the extension of FiT would impede the growth of the supply chain and cost reduction in the developing wind market, thereby undermining Vietnam’s target of affordable, reliable and clean electricity. With 500 MW of onshore and offshore power currently installed and at least 4 GW expected to be commissioned by 2025, Vietnam is the…
Van Oord’s Deep Dig-It trencher crossed the busy shipping route Rotterdam Maasmond and is on its way to offshore Alpha jacket in the Hollandse Kust (zuid) wind farm area. TenneT is building the Hollandse Kust (zuid) offshore grid to connect new offshore wind farms. 4 cables will have to be buried into the North Sea seabed for this purpose. For the first 10 kilometres of the cable route, these cables will have to be buried more than 5 metres into the seabed in order to cross the busy shipping route Rotterdam Maasmond. The Van Oord-Hellenic Cables consortium will be installing…
SunPower has secured funding commitments for its residential solar lease program from Hannon Armstrong Sustainable Infrastructure Capital (Hannon Armstrong) and other suppliers of capital, as well as its new SunPower Equinox system with SunVault storage solar plus storage program. Through mid-2021, SunPower expects the new fund to help meet anticipated customer demand. The solar loan and cash sale alternatives currently provided by SunPower would be augmented by these appealing consumer funding provisions. The new fund is organized as a collaboration of leveraged tax equity with a multi-party forward acquisition pledge. Funding commitments for this new fund are made by both…
The Center for the Fourth Industrial Revolution and the Ocean (C4IR Ocean) has now secured a cooperation agreement with Microsoft to build technology-based solutions for improving ocean health. Behind the C4IR Ocean, which is part of a global network of 10 Centers for the Fourth Industrial Revolution (C4IR), is Aker and the World Economic Forum. The network works to create projects that enable important societal tasks to be solved by technology and digitization. “We want to step up the use of technology to ensure future value creation. Whoever manages to exploit the potential that lies in new technology is tomorrow’s…
Nordex Group received further new orders totalling 227 MW from Europe. The main sales market was Germany with 86 MW, followed by the Netherlands with approximately 70 MW, France with 42 MW and Belgium with 29 MW.
Twenty countries have already decided on national hydrogen strategies or are planning to adopt them in the coming months, according to a study by the World Energy Council Germany. Germany is betting on hydrogen produced using renewable energy in its own national hydrogen strategy that underpins the country’s ambitions to become a global leader in the technology. But the new report underlines the challenges Germany will face as other countries pursue their own strategies. Some plans, such as Japan’s, have been in place for years and have set ambitious goals, Klaus Stratmann writes in Handelsblatt, citing the report. France, South Korea, Australia, Norway and…
Electricity storage inventions have grown 14% a year over the past decade, according to a new joint study by the European Patent Office and the IEA. Affordable and flexible electricity storage technologies are set to catalyze transitions to clean energy around the world, enabling cleaner electricity to penetrate a burgeoning range of applications. Between 2005 and 2018, patenting activity in batteries and other electricity storage technologies grew at an average annual rate of 14% worldwide, four times faster than the average of all technology fields, according to a new joint study published today by the European Patent Office (EPO) and the International…