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…
Author: Arnes Biogradlija
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…
Amazon is adding more than 1,800 electric vehicles from Mercedes-Benz Vans to its delivery fleet in Europe this year. Amazon and Mercedes-Benz share a commitment to eliminate emissions from the transportation sector, and Mercedes-Benz have confirmed it has joined The Climate Pledge, which calls for signatories to be net zero carbon through their companies by 2040—a decade ahead of the Paris Agreement target of 2050. “We welcome the bold leadership demonstrated by Mercedes-Benz by signing up to The Climate Pledge and committing to ambitious action to address climate change. We need continued innovation and partnership from auto manufacturers like Mercedes-Benz…
Tekmar Energy, a Tekmar Group company, has appointed Marc Bell as director of operations and Leanne Wilkinson as finance director. Marc is an business specialist with more than 20 years experience in technological and organizational management. Marc previously held positions as operations director with JDR Cables, offshore operations head with Siemens Gamesa and global operations manager with Technip. During this time he gained a wealth of experience working with and alongside operators, wind farm developers, EPICs, O&M operators, OWM’s and supply chain manufacturers within the oil & gas and renewable energy sectors. As a lean professional and accredited six sigma black…
Recurrent Energy, a wholly-owned subsidiary of Canadian Solar, has recently concluded a $75 million development loan deal with Nomura Corporate Funding Americas (Nomura). The loan facility leverages the powerful existing Recurrent Energy infrastructure to finance and expand its US and Canadian growth activities. “We are pleased to partner with Nomura, a global leader in financial services, on the $75 milliondevelopment loan facility. This transaction reflects Nomura’s strong confidence in Recurrent Energy’s high quality solar and energy storage assets in North America. Despite the challenging market backdrop due to the ongoing pandemic, I am proud that our teams have continued to work hard…
SunPower and Maxeon Solar Technologies have completed the strategic transaction separating into two independent public companies. Both will now concentrate on their crucial factors of success within their respective business models. “Now is the right time for this strategic spin-off, allowing both SunPower and Maxeon to invest in key programs to drive their future profitable growth. Solar power is poised for significant growth and now each company is well-positioned to succeed based on specific areas of specialization, technology innovation and economies of scale.”Tom Werner, SunPower CEO and chairman of the board. Tom Werner remains as CEO and Chairman of SunPower’s…
Sabella has secured its place in a pilot demonstration project, the SELKIE cross-border project, aiming to boost the marine energy industry in Wales and Ireland, following a tender call for participation. Sabella is a tidal technology designer and developer based in Brittany, northern France. The company counts twenty five employees and so far, two tidal turbines have been tried and tested in real conditions, D03 and D10. Its D10-1000 turbine was the first device of its kind to be connected to the French grid. Sabella has also signed up to be part of the Morlais Tidal Demonstration Zone in North…