Wind energy is a fast-growing source of new electric power generation, and U.S. wind energy production capacity has been increasing consistently over the past several years. Currently, in contrast to Europe, all but one commercial wind power facility in the United States is based on land. However, multiple offshore wind and related infrastructure projects have been proposed in recent years to BOEM.
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Amazon plans to set up a 62 MW ground-mounted solar project in Singapore. This is the company’s first renewable energy project in Singapore and is expected to be completed in 2022. It will be among the largest aggregated movable solar energy projects in the country and will supply power to the national electricity grid.
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bp has proposed a large blue hydrogen production facility with a targeted capacity of 1 GW by 2030. The project, H2Teesside, would capture and send for storage up to two million tonnes of carbon dioxide per year. The project would be located in Teesside in north-east England which is in close proximity to North Sea storage sites, pipe corridors and existing operational hydrogen storage and distribution capabilities.
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Wärtsilä will supply advanced energy storage solutions with a total capacity of 200 MW to Able Grid Energy Solutions. This will entail two interconnected stand-alone systems, Madero and Ignacio, in southern Texas in United States. The energy storage systems will be supplied to Able Grid Energy Solutions, Inc. (“Able Grid”) as per an order placed by the company in February 2021.
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Capital Dynamics owned Clean Energy Infrastructure (CEI) has acquired a 100 percent equity stake in a 50 MW solar power project in Southern Spain. The 50 MW Puerto Real 2 project has been acquired from WElink Group which is a leading global developer of renewable energy solutions. This is a subsidy-free project and is located near the 133 MW Puerto Real 1 project in the town of Puerto Real in Cadiz province.
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The island is currently in its initial phase of construction, involving the installation of approximately 200 wind turbines with a combined capacity of 3 GW. The island, which is expected to be operational at full capacity by around 2033, will act as a major renewable energy hub and will supply energy to a staggering 10 million homes. In addition, once fully developed, the energy island will provide enough green fuel to supply all ship and aircraft refuelling in Denmark.
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Australia will accelerate its shift towards cleaner generation sources over the coming decade, supported by green hydrogen developments and energy storage facilities. This will pose structural risks to its thermal power sector, which faces an increasing risk of early closures due to its inability to compete with the influx of renewables.
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The universe’s most abundant element has long been considered a potential alternative to traditional forms of fuel. However, until now, the cost barriers associated with hydrogen production were too high to make it a viable zero-carbon fuel source. The introduction of favourable climate-change policies, declining costs and growing use cases have resulted in renewed interest in hydrogen.
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2020 was an important year for the environment for a number of other reasons. Europe raised its climate targets, in the United States the election of Joe Biden as president revived the climate debate, and even China committed for the first time to a date for becoming carbon neutral, while other countries also raised their climate ambitions. In addition, 2021 is also expected to be an important year for the planet.
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At a recent conference on Solar Power in Africa, organised by REGlobal, Terje Osmundsen, CEO, Empower New Energy presented a case study of a hybrid solar power project at one of the largest poultry farms in Nigeria. Check out his presentation to learn about the hybrid solution deployed at the solar power project.
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Solar energy in the United States is booming. Along with Wood Mackenzie Power & Renewables and The Solar Foundation, the Solar Energy Industries Association (SEIA) has highlighted the key trends and trajectories in the solar industry that demonstrate the diverse and sustained growth of solar across the country.
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The U.S. Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL) have issued a new report titled, Marine Energy in the United States: An Overview of Opportunities, that identifies the potential of marine energy resources (wave, tidal, ocean current, ocean thermal, and riverine marine). Using the national and state level data, the report finds the total marine energy technical resource in the 50 states to be 2,300 TWh per year or the equivalent to roughly 57 per cent of electricity generated in the US in 2019 – enough to power 220 million homes in the county.
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Bank OZK has received an approval from the Arkansas Public Service Commission (APSC) and the Federal Deposit Insurance Corporation to construct a solar power plant. The solar plant will be the third-largest commercial solar facility dedicated to a private sector customer in the State of Arkansas, and it is expected to have generating capacity of 4.8 MWDC.
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The global wind turbine gearbox market is expected to grow by $3.51 billion during 2021-2025, according to a report published by Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the Covid-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a compound annual growth rate of over 5 per cent.
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Trane Technologies plans to cut its product carbon emissions by nearly 50 per cent by 2030. The company’s emissions reduction targets have been validated by the Science Based Targets Initiative (SBTi). The targets support Trane Technologies’ 2030 Sustainability Commitments, including its Gigaton Challenge to reduce customer emissions by one billion metric tons. It also supports the Paris Agreement goal to limit global warming to 1.5 degrees Celsius, which will require net-zero global carbon emissions by 2050.
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Renewable resources surpassed coal in 2020 to become the third-largest source of electricity nationwide according to new government data. Continuing their promising trends from 2019, solar and wind energy again made strong gains across multiple states, accompanied by a steep reduction in total power sector pollution. But we still have work to do—fossil (aka “natural”) gas generation also increased last year and continues to be the nation’s primary source of electricity generation.
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After a decade filled with disappointments from the fossil fuel industry, planners successfully tested the dynamism of renewable energy in Vietnam’s fast-growing market. While many conventional coal and gas-power projects failed to progress during the development process, only managing to meet half of the targeted capacity for 2016-2020, solar power developers over-delivered by five times, and they have done so in a fraction of the time. The evidence was clear to inform the next stage of Vietnam’s power development.
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The momentum for green hydrogen is growing fast. Almost every week, a new initiative is announced somewhere in Europe. Some EU Member States, including The Netherlands and Germany, announced a national hydrogen strategy with production capacity targets and supporting measures to realise their ambitions in line with the EU’s strategy.
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Iberdrola signed a joint-venture agreement with Cosmo Eco Power and HitachiZosen Corp to collaborate on developing a 600 MW offshore wind farm in Japan, known as the Seihoku-oki project. The companies will come together to form the joint venture Aomori-Seihoku-Oki Offshore Wind Godo Kaisha to develop the project. The project site is located off the coast of the Aomori prefecture.
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Madison Gas and Electric and two of the WEC Energy Group’s subsidiaries plan to buy a solar project located in Walworth County. The Wisconsin utilities plan to spend $446 million on a 250 MW capacity solar project with battery storage.
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