Author: Arnes Biogradlija

The Green Investment Group (GIG) of Macquarie and the global energy company Total signed a series of agreements to co-develop an initial 2,3 GW portfolio of floating offshore wind projects in Korea. The portfolio consists of five projects-three totaling 1.5 GW in Ulsan, and two totaling 800 MW in South Jeolla Province. The partners plan to launch co-development activities in autumn of 2020, subject to the completion of regulatory approvals and the fulfillment of other precedent conditions. [spacing size=”15″] GIG has already launched a detailed wind data collection program to help the portfolio, and the Ulsan project’s first 500 MW phase…

Q CELLS has secured the rights to connect 315 MW of new solar and storage capacity in Portugal’s second solar auction. Q CELLS won half of the 12 available lots in the bidding phase of the latest auction that took place. A total capacity of 700 MW was tendered, and companies in Portugal were invited to lodge bids with a storage component included for the first time. Each of the six solar systems that Q CELLS is designing, building and connecting to Portugal’s electricity grid will combine solar with storage. All these projects will be constructed in the Alentejo region…

Sonnedix Japan has completed the acquisition of a 2.3 MW solar PV plant in the Mie prefecture, centre of Japan on behalf of the Sonnedix Group. Under the Feed-in – Tariff scheme the plant has a PPA with Chubu Electric Power. The plant started operations in July 2016. “This acquisition contributes to strengthening our position in Japan, where we have a total controlled capacity surpassing 500 MW. It also demonstrates our commitment to optimize each investment for the long-term, as we continue to actively seek opportunities to expand our global footprint.”Axel Thiemann, CEO of Sonnedix. With this new acquisition, Sonnedix…

Yakima Chief Hops (YCH), a 100% farmer-owned hop supplier for the brewing industry, has announced its latest solar panel installation for 3,706 solar panels, the largest rooftop solar array in Washington state. While YCH has offices located across the globe, the company’s headquarters are based in Yakima, Washington, known as the hop capital of the world. Surrounded by hop fields of local family farms, YCH has multiple facilities across the valley. YCH’s solar array spans across six buildings, covering 70,000 square feet with 3,706 solar panels and producing 1,414,766 kWh of electricity annually. YCH can capture 15% of their entire…

Business and government representatives and researchers from Russia and Germany want to establish a bilateral cooperation on hydrogen, the German-Russian Resources Forum (DRRF) announced after a meeting on 28 August. “Germany was, is and will remain dependent on energy imports, and hydrogen will play a central role in energy and climate policy,” Klaus Töpfer, former environment minister and patron of the DRRF The development of a hydrogen economy was a great opportunity for both countries, which were linked by an “energy partnership rich in tradition”. Thorsten Herdan, head of  “energy policy – heat and efficiency” at the German energy ministry, said…

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…