Apple has unveiled its intentions to become carbon neutral in its entire business, manufacturing supply chain and the life cycle of its products by 2030. For its global corporate activities, the business is already carbon neutral and this recent pledge ensures that by 2030 each Apple product sold will have net zero climate effects. “Businesses have a profound opportunity to help build a more sustainable future, one born of our common concern for the planet we share. The innovations powering our environmental journey are not only good for the planet — they’ve helped us make our products more energy efficient and…
Author: Arnes Biogradlija
E.ON will collaborate with Scottish and Southern Electricity Networks (SSEN) and Costain Group, SSEN is one of two energy companies in the United Kingdom that operate both in electricity transmission and electricity distribution. Today, E.ON, SSEN and Costain is announcing this significant collaboration. During the course of the RaaS-project, the partners will create a new market solution for grid resilience by leveraging the strength of technical solutions such as battery storage in combination with access to different flexibility markets. The core of this innovative energy system will be a battery energy storage system that can reestablish the supply of a…
The American Wind Energy Association (AWEA) has highlighted the need for U.S. Regional Transmission Operators and Independent System Operators (collectively referred to as ISOs) to update their policies to meet the increasing number of hybrid renewable energy and storage projects requiring interconnection to the nation’s electric grids. Such hybrid and co-located ventures, mostly involving pairings of wind , solar, storage, or all three technologies, now account for more than ten percent of the U.S. capital pursuing interconnection with ISOs. Hybrid technologies have the potential to add major benefits to the nation’s power grid, helping to provide more energy when consumers…
Copenhagen Infrastructure Partners (CIP), on behalf of its fund CI New Markets Fund I, together with Asiapetro and Novasia, have signed a Memorandum of Understanding (MOU) with Binh Thuan People’s Committee to develop the 3.5 GW La Gan offshore wind project off the coast of Binh Thuan. The La Gan offshore wind project is one of the first large-scale offshore wind projects in Vietnam with a potential capacity of 3.5 GW which could increase Vietnam’s profile in renewable energy in the country and around the world. “Findings from the cooperation between the Danish Energy Agency and the Vietnamese Electricity and…
Watson Farley & Williams has advised leading UAE distributed solar energy provider SirajPower on the on US$50m portfolio financing of rooftop solar photovoltaic assets from multilateral development financial institution The Arab Petroleum Investments Corporate. This landmark transaction was financed on a long-term, non-recourse basis and marks the largest lease-funding platform for distributed energy in the GCC. The deal will enable SirajPower to fund further expansion in the UAE and the wider GCC markets. The WFW team advising SirajPower was led by partner and Dubai office head Andrew Baird, supported by London-based associate Tom Harrison-Cripps. “This transaction is a first-of-its-kind in…
Vestas has secured a 40 MW order with Japan Wind Development for the Hirado Minami wind farm in Japan’s Nagasaki prefecture, following last month’s project win with Japan Wind Development and Tokyu Land Corporation. The order includes the supply and supervision of 11 V105-3.6 MW turbines, delivered with customized 72.5-meter towers. The solution was developed in close collaboration with JWD in order to accommodate the extreme local wind conditions, whilst simultaneously minimizing visual impact due to the site’s natural beauty. “We are very pleased to have been awarded this project and thereby continue our collaboration with Japan Wind Development. Securing…
OWC has appointed Amy Dowdeswell as senior project manager. Amy joins OWC with more than 7 years of experience, beginning with Atkins where she oversaw design and integrity management initiatives and their company operations. Amy has been active in offshore wind projects that are fixed and floating, designing OPEX forecasts, scenario analysis, and strategic O&M plans. Before this Amy served as a geoscientist for BP and led teams delivering projects and consulting on opportunities for exploration and development. Amy holds a BSc (Hons) in Geological Sciences from Leeds University and an MSc in Petroleum Geoscience from Imperial College London, and…
The Energy Transition Alliance (ETA), formed by the Oil & Gas Technology Center (OGTC) and the Offshore Renewable Energy (ORE) Catapult, will work with the energy industry to drive a focused, funded initiative for advanced technology growth, including the next generation of hydrogen production and floating offshore wind. It is a initiative aimed at changing the energy market, speeding up the transformation of the UK to a net zero future, ensuring a stable and safe power supply for the UK and an indigenous and sustainable energy development industry of the 21st Century. “The UK’s innovation will drive a more sustainable oil and…
The Offshore Wind Growth Partnership (OWGP) is launching a new £2 million package of funding and business support activities for the UK offshore wind supply chain. The plan involves two additional funding calls totaling £600.000, as well as ambitious initiatives to promote market growth through the £1.5 million Sharing in Growth Program. The OWGP is a vital part of the Industry-Government Offshore Wind Sector Deal and is funded by the Offshore Wind Industry Council (OWIC), with a budget of £100 million over ten years. The program supports the growth of UK companies seeking to capitalize on the tremendous opportunities the global…
Prime Minister Boris Johnson has informed that £350 million is being made available to cut emissions in heavy industry and drive economic recovery from coronavirus. UK industry will receive around £350 million to cut down carbon emissions under new plans to step up efforts to tackle climate change, PM Boris Johnson announced. The multimillion pound investment package will build on the Prime Minister’s work throughout his first year in office to drive forward progress on the UK’s target to reach net zero by 2050, by helping businesses to decarbonise across the heavy industry, construction, space and transport sectors and to…