Author: Arnes Biogradlija

Green Hydrogen H2 News

Eos Energy Storage (Eos), a manufacturer of safe, low-cost and long-lasting zinc hybrid cathode (Znyth) battery energy storage systems, has entered into an agreement to supply 500 MWh of integrated AC battery energy storage (BESS) to Carson Hybrid Energy Storage (CHES). Starting in the first quarter of 2023, Eos will manufacture, design and deliver its zinc-based battery solutions to CHES. These safe, sustainable, long duration battery solutions will be used in conjunction with the existing power generation and substation architecture to store renewable energy generation capacity and to provide better power quality and resilience to the California power grid. “The recent…

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Green Hydrogen H2 News

SSE has agreed to sell its non-operating stake of 25.1 percent in Walney offshore wind farm to Greencoat UK Wind (UKW), subject to a completion process that it expects to take place soon. The stake is equal to a power of 92MW, and a gross valuation of £350 million. The selling of Walney marks the first step of SSE’s disposal plans. As previously announced, a significant part of the disposal programme will be non-core assets. As a financial investment, Walney specifically falls into this group. The sale is representative of the efficiency and optionality of SSE’s portfolio of projects and…

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Green Hydrogen H2 News

Recent research by Frost & Sullivan, Solar PV Dominating Investment Opportunities in Renewable Sector across the Middle East, 2025-2025, shows that the demand to reduce greenhouse gas (GHG) emissions compels the Middle East— United Arab Emirates, Saudi Arabia, Qatar, Oman, Kuwait, Bahrain, Iran, Iraq, Jordan and Lebanon— to embrace renewable energies. With an additional potential of 57GW — solar photovoltaic (PV), concentrated solar power (CSP), and wind— by 2025, the area is expected to be experiencing an 18-fold rise in current output, thereby receiving $182.3 billion of investment. Despite this, the COVID-19 crisis has adversely affected the demand for renewable…

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Green Hydrogen H2 News

Mainstream Renewable Power has reached financial close for the second phase of its fully-owned and fully-contracted 1.3 gigawatt Andes Renovables wind and solar power generation platform in Chile. The Company has successfully raised $620 million in debt to fund construction of phase two of what is one of Latin American’s biggest wind and solar generation platforms. This brings to $1.25 billion raised to date by the Andes Renovables platform. The Senior Financing was provided by a consortium of five banks: IDB Invest, KfW IPEX-Bank, DNB, CaixaBank and MUFG, and is one of the world’s largest debt financing deals for renewable…

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Green Hydrogen H2 News

The price of green hydrogen will be significantly higher if it is used extensively in the transport and heating sectors, an analysis by the Aurora Energy Research think tank says. The demand for hydrogen power in Germany could reach anywhere between 150 to 500 terawatt-hours (TWh) by 2050, depending on what extent the transport and heating sectors are electrified, the group said in a statement. The high-demand scenario would correspond to about half the current demand for natural gas in Germany, it added. Under the lower-demand scenarios, electricity would be used more heavily in the transport and heating sectors, with…

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Green Hydrogen H2 News

DOE is awarding a total of $21 million to 18 projects for technologies that remove carbon dioxide (CO2) from the atmosphere, a process known as “direct air capture.” Through DOE’s Carbon Capture, Utilization, and Storage R&D Program, the Office of Fossil Energy has a comprehensive portfolio of technological solutions that help keep CO2 emissions out of the atmosphere. Many of these R&D efforts can be applied across both the energy and the industrial sectors. DOE also selected 18 projects to receive $21 million under the second FOA, Novel Research and Development for the Direct Capture of Carbon Dioxide from the…

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Green Hydrogen H2 News

With a recent order for 40 MW of N163/5.X turbines – the latest model of the Delta4000 series – this summer, the Finnish subsidiary achieved the milestone of over 1 GW of turbines sold in the country. The 100th employee was welcomed on board, the Nordex Group has a market share of about 25 percent in the region.The largest wind farms so far include Kivivaara-Peravaara with 90 MW in the country’s east, the Hedet wind farm, which was commissioned in July 2020, with 18 N149/4.0-4.5 turbines with 81 MW capacity, and the Oltava wind farm with 19 N149/4.0-4.5 turbines and…

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Green Hydrogen H2 News

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…

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Green Hydrogen H2 News

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…

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Green Hydrogen H2 News

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…

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