Author: Arnes Biogradlija

Wärtsilä has been contracted with Duke Energy, for the Engineering, Procurement, and Construction (EPC) of three battery storage facilities during the past six months. These facilities will be located in North Carolina and Indiana in the United States. Wärtsilä’s GEMS advanced energy management platform will be deployed across the utility’s existing and planned battery storage sites and solar assets across six energy distribution areas. The projects include Duke Energy’s Asheville (8.8MW/8.8MWh) and Hot Springs (4MW/4MWh with 3MWdc/2MWacMW solar generating system) project sites as a part of the utility’s USD 2 billion grid modernisation program in western North Carolina, as well…

Baker Hughes released its 2019 Report on Corporate Responsibility. The report highlights performance data for the full year 2019 in the areas of planet, people, and principles, and includes Baker Hughes’ contributions to the energy transition to achieve net-zero carbon emissions by 2050. The report provides a detailed view of the environmental, social, and governance (ESG) framework that underpins the company’s corporate strategy to lead through the energy transition to a low- to zero-carbon future. “The collective action of people and industry, when directed with purpose, can enable change on a global scale. The dual challenge of greater energy access…

EIB and UniCredit Bank Austria will provide €107,4 million for the development of a 143MW wind farm in Austria. When completed the wind farm will provide around 90,000 households with electricity produced from renewable sources. “With this fresh start after the coronavirus crisis, we now have a unique opportunity to join forces and drive the Austrian economy’s transition to a sustainable, climate-friendly system. Banks bear a particular responsibility in this task because the business decisions we make are capable of generating far greater leverage than those of any other sector.”Susanne Wendler, board member of UniCredit Bank Austria’s Unternehmerbank. By 2030…

Nordex Group has installed the first of 114 turbines for the Nysäter project in Sweden after completion of the necessary infrastructure work. At the end of 2018, the Nordex obtained from RWE Renewables a contract for the turnkey construction of 104 N149/4.0-4.5 turbines and 10 N131/3900 turbines, consisting of two separate Hästkullen and Björnlandhöjden sites and including civil and electrical infrastructure works. At the moment Nysäter is the Nordex Group’s largest project in Europe. The Nysäter project is being developed over a wide area of largely forested land in Västernorrland county, central Sweden. The sites are distinguished by average wind speeds ranging from…

AqualisBraemar has appointed Dean Zuzic as the group’s new chief financial officer CFO. Zuzic has more than 30 years experience in finance and management. He recently held CFO positions at Oslo-listed seismic players TGS-NOPEC Geophysical Company and Spectrum. Prior to that, Zuzic held CFO positions at Norwegian recycling group Norsk Gjenvinning, home textile retailer Kid Interior and nordic retail group Plantasjen. He began his career with McKinsey & Company, and also served as an equity analyst for three years. Zuzic takes over from Kim Boman, who joined as CFO in January 2016. AqualisBraemar has since trebled its sales from $26…

GlobalData, a leading data and analytics company, says the offshore wind market in Taiwan is on track to see multi-fold expansion to reduce dependence on fossil fuel generation and create a cleaner, sustainable mixture of power generation. Taiwan is expected to develop offshore wind capacity to around 15GW by the end of 2035. GlobalData predicts the country’s offshore wind capacity to surpass 4.5GW by 2025, growing to 10.1GW by 2030 and reaching more than 15GW by 2035, thus becoming the largest offshore market in the Asia-Pacific (APAC) region after China. “Taiwan has favorable conditions for offshore wind with wind speeds…

Hydrogen will be important for the next phase of the European energy transition. Vattenfall, who drives innovative projects such as HYBRIT, now also joins the European Clean Hydrogen Alliance. The European Commission acknowledges the growing momentum for renewable hydrogen as an essential energy carrier for the decarbonisation of our societies. In July, the European Commission presented a EU Hydrogen Strategy, underlined by the launch of the European Clean Hydrogen Alliance.European Clean Hydrogen Alliance . Vattenfall will be one of the members of this network, which currently includes more than 250 members. “As a fully integrated European utility, Vattenfall is investing…

GE Renewable Energy has been selected by Wykes to deliver a 25MW multiple hour duration Energy Storage Systems, to be integrated with Wykes’ Solar PV plant at the Chelveston Renewable Energy Park, in the United Kingdom. The site operates with 60 MW of solar energy and 26 MW of wind energy, featuring GE’s 2.85 MW onshore wind turbines. Wykes will use GE’s Reservoir Energy Storage technology to add another 60 MW of solar capacity, for 120 MW of solar and 146MW from the park. The Storage system will be the UK’s first direct-DC-coupled Solar deployment, where the Solar Panels and…

Renewable energy capacity additions have consistently outpaced the growth of traditional forms of energy over much of the last decade and in what has been dubbed the ‘decade of action’ the next 10 years are poised to be even more transformational. They will need to be. To put the world on track to meeting Paris Climate and Sustainable Development Goals, the world needs to more than double the share of global energy supplied by renewables. By 2030, 57 percent of total power should be renewable – a figure that rises from 26 percent in 2019. A doubling of annual investment in…

Statkraft and Naturstrom have signed another 50 MWp long-term power supply agreement (PPA). For eleven years Statkraft will supply Naturstrom with electricity from its German solar portfolio. The renewable energy provider located in Düsseldorf will use the solar power to supply domestic customers. The solar power comes from Bavarian solar park Schornhof, for which Statkraft in July of this year signed a power purchase agreement with Ingolstadt-based solar company Anumar. Statkraft will supply Naturstrom with approximately 600 gigawatt hours of solar power from autumn 2020 until the end of the term in December 2031. The negotiated contract model ensures maximum price…