Recurrent Energy has received approval from the Mississippi Public Service Commission on the build-transfer (BTA) with Entergy Mississippi for the Sunflower solar project. The largest solar power plant in the state of Mississippi, the 100 megawatt Sunflower solar photovoltaic project has a base purchase price of approximately $138.4 million. “We would like to thank the Commission for its approval of this build-and-transfer agreement that will allow us to move ahead with the Sunflower project. This agreement with Entergy is another milestone that underscores Recurrent Energy’s leadership position in the U.S. solar development space. We are proud to do our part to expand the use…
Author: Arnes Biogradlija
SolarPower Europe and LUT University have released a report that models a 100 percent renewables scenario for Europe to reach climate neutrality before 2050. The energy transition across Europe is explored in the modelling of three distinct scenarios: Laggard scenario: A slower energy transition up to 2050 results in only in a renewable energy share of 62 percent and approximately a 90 percent reduction in GHG emissions by 2050, missing the EC’s climate neutrality and Paris agreement targets. Moderate scenario: A medium pace energy transition towards 100 percent renewables by 2050, meeting the EC’s climate neutrality vision with zero GHG emissions…
Clean Power Alliance (CPA) has signed its first energy storage agreement (ESA). The 100-megawatt/400-megawatt-hour standalone lithium-ion battery storage project will be owned and operated by sPower. “sPower is committed to helping CPA and other CCAs achieve their clean energy future. We operate more than 1,200 MW of solar generation in California and are excited to partner with CPA to add new energy storage to the supply mix,” said Hans Isern, senior vice president of power marketing, sPower. The $100 million project is expected to be operational by August 2021. It will allow renewable energy resources to be integrated into the…
Ørsted has completed the 338MW Sage Draw wind farm in Texas. The project will have the capacity to meet the yearly electricity needs of 120.000 households. “The safe completion of Sage Draw amidst the escalating COVID-19 crisis is a testament to the resilience and adaptiveness of the Ørsted team and key project partners at Blattner Energy and GE Renewable Energy as well as financial partners, GE Energy Financial Services and BHE Renewables. This underscores the significant role renewable energy can play in continuing to build our economy as we manage through and beyond the current crisis,” said Declan Flanagan, executive…
Analysts GlobalData has reported that the UK wind turbine prices could increase due to the coronavirus pandemic as quarantine measures create a supply blockage. Even tho it’s a thriving industry, the UK suffers from a lack of domestic turbine manufacturers. “Despite the manufacturing sector being exempt from the lockdown, stringent quarantine measures are likely to create a material supply bottleneck. Production rates are not expected to be high, hence to meet the expected rates, the manufacturing costs would go up. During the first quarter of 2020, the UK’s average turbine price is estimated to rise to $854/kW, from $816/kW, and…
Widespread support for offshore wind energy is coming from every demographics group across the U.S. According to the survey conducted by Public Opinion Strategies, and released by American Wind Energy Association (AWEA), over 80 percent of voters favor offshore wind energy. Wind energy is viewed as a clean, renewable, affordable power source that reduces carbon emission, while providing power to American households. “Voters are strongly in favor of offshore wind energy, regardless of ideology or party affiliation. Republicans and Democrats alike see offshore wind as playing a key role in the nation’s future energy portfolio, providing tremendous economic and environmental…
AqualisBraemar has strengthened its London marine team with Paul Martin, who will be joining as the new director of P&I. Martin specializes in accident investigation and casualty management, having been instructed in numerous cases by marine insurers, lawyers, owners, charterers and managers and bringing a total of nearly 40 years of maritime experience to the team. “Paul is a Master Mariner and former marine pilot, who joins AqualisBraemar today as part of our continued expansion. He will spearhead our growth in the P&I and expert witness service sectors of our marine consultancy business,” said Mark McGurran, group managing director of…
Wärtsilä will supply a propulsion and power package for a new 75 metres long fishing trawler. This ship will be build in Denmark at the Karstensen shipyard for Scottish owners and operators Wiseman fishing and Northbay fishing. The vessel will feature a Wärtsilä 31 main engine, two Wärtsilä 14 power generating sets, a gearbox and a controllable pitch propeller (CPP), the combination of which represents the latest engine and power generation technology. “It is always satisfying to receive repeat orders, since they are the best endorsement of customer satisfaction. We have earlier provided engines and propulsion solutions for both Karstensen and Wiseman Fishing, so it is…
The U.S. Department of Energy is giving up to $38 million in funding for a new advanced research projects agency-energy (ARPA-E) program, submarine hydrokinetic and riverine kilo-megawatt systems (SHARKS). The program seeks to design economically attractive hydrokinetic turbines (HKT) for tidal and riverine currents. Under secretary of energy Mark W. Menezes said: “America’s tidal and riverine currents remain a valuable resource for the generation of clean and reliable electricity.” Development of efficient and economically attractive hydrokinetic turbine technologies could enable the U.S. to use those resources to diversify energy generation infrastructure and increase grid resiliency. “The SHARKS program builds upon the…
The three-year Horizon 2020 funded WaveBoost project has drawn to a close with an improvement achieved to the reliability and performance of wave energy technology. Led by CorPower, the WaveBoost consortium designed and developed an advanced power take off (PTO) system allowing wave energy converters (WECs) to operate safer and more reliably in harsh ocean conditions while increasing annual electricity production by 27 percent. The system incorporates a pneumatic module that has 80% less components, thus reducing complexity and CAPEX while improving reliability, compared to previous designs. A redistribution system manages the power input from ocean waves to support grid…