Month: April 2023

Albras signs agreement to purchase solar power from Atlas

Atlas Renewable Energy, a US renewable energy company, has reached a 21-year power purchase agreement (PPA) with Brazilian aluminium producer Albras to supply solar power. Atlas will supply the energy from the 902 MWp Vista Alegre photovoltaic project in the state of Minas Gerais in Brazil. It is expected to begin operations in 2025 and will produce 2 TWh of clean electricity per annum.

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GE to upgrade 500 MW Porabka Zar pumped hydro storage plant in Poland

GE Renewable Energy has secured a contract from PGE Odnawialna in Poland to replace four 125 MW pumped turbines and generators at Porabka Zar pumped hydro storage plant. GE Hydro Solutions will design, manufacture and supply equipment and provide the excitation and governing systems, as well as replace the 40-year-old turbines with new high-efficiency pumped turbines and motor generators. It will also replace the existing stay rings and stay vanes with new ones specially designed for Porabka Zar.

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US Offshore Wind Development Strategy

On March 29, 2023, DOE released ‘Advancing Offshore Wind Energy in the United States, U.S. Department of Energy Strategic Contributions Toward 30 Gigawatts and Beyond’ strategy, which is a comprehensive summary of its role to meet the country’s OSW target. The strategy has divided the OSW efforts by the DOE into four pillars – Near-Term Offshore Wind (NOW), Floating Offshore Wind Accelerated Research and Development (FORWARD), CONNECT and TRANSFORM.

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Greece Energy Policy Review 2023

Following Russia’s invasion of Ukraine, Greece is reducing its reliance on Russian energy imports and ensuring secure access to energy by diversifying its supply and increasing domestic energy production. Despite these notable successes, significant challenges remain. Fossil fuels still account for most of Greece’s energy use and stronger efforts are needed on energy efficiency. In this report, the IEA provides a range of energy policy recommendations to help Greece smoothly manage its transition to a secure, efficient and flexible carbon neutral energy system.

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ASEAN Energy Efficiency and Transport Sector: Report

This report provides valuable insights into the policy trends and best practices for EE&C measures within the transportation sector in the ASEAN region. It also highlights the need for greater policy actions on EE&C in the road transportation to ensure that the increase in mobility will not impact the region’s energy security, environmental sustainability, and economic prosperity. 

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Avaada Group raises $1 billion funding from Brookfield

Avaada Group announced that it has raised $1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing $1.3 billion fundraise plan. Brookfield Renewable, through its Brookfield Global Transition Fund, will be investing up to $1 billion in Avaada Ventures Private Limited. Global Power Synergy Public Company Limited will further invest $ 68 million in Avaada Energy Private Limited for releasing debt obligations and supporting the growth.

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PASH sets up 5 GW green hydrogen platform with ERIH Holdings

PASH Global, a clean projects investor and developer based in the UK, has agreed to set up a joint venture (JV) with renewables investor ERIH Holdings to construct green hydrogen and ammonia production projects totaling 5 GW. Reportedly, the anticipated capacity will be installed in Italy, Spain, Turkey, Greece, Serbia, and Colombia by 2023. In accordance with the proposal, the electrolysers will be supplied by electricity generated by 10 GW of renewable power plants, including wind, solar, and geothermal facilities.

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Greenvolt and Bluefloat partner to construct floating wind projects off the Portugal coast

Greenvolt, a renewable energy firm, has teamed up with Bluefloat Energy to construct offshore wind projects off the coast of Portugal. The agreement will combine the local development and permission expertise of Greenvolt with the technical expertise of Bluefloat Energy in offshore floating wind. Portugal has been a pioneer in the deployment of floating offshore wind projects, which have been described as a critical pillar in the EU’s decarbonisation strategy. Portugal aims to have 10 GW of installed capacity by the end of this decade, and the most recent partnership is likely to aid in that effort.

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AVANGRID’s 162 MWac solar farm to start its commercial operation phase

AVANGRID’s 162 MWac (205 MWdc) Pachwáywit Fields solar farm in Oregon, US, has begun commercial operations. Iberdrola is the parent company of AVANGRID. The facility, which is situated in Gilliam County, is the largest solar photovoltaic plant in the state. The 1,223-acre Pachwáywit Fields facility has 471,156 solar panels, producing enough clean energy to power 40,000 households.

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Multinational consortium to build hydrogen hub in German port city

By 2030, a group of seven German energy companies plans to construct 10 GW of green hydrogen producing capacity. The agreement falls in with Germany’s hydrogen targets for the same time frame. The companies, including steel magnate Salzgitter and the German wing of oil and gas giant BP, announced the agreement with the goal of replacing gas-based “grey” hydrogen with solar and wind-based “green” hydrogen in German heavy industry.

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Vestas secures 238 MW wind turbine order in Japan

Vestas has received a 238 MW wind turbine supply contract from Hibiki Wind Energy for its Kitakyushu-Hibikinada offshore wind farm project in Japan. The offshore facility, which is right next to Kitakyushu city in Fukuoka Prefecture, will be equipped with 25 Vestas V174-9.5 MW wind turbines, which are the strongest in use in Japan. A long-term active output management 5000 service contract was also signed with Vestas for the wind farm. The order is anticipated to boost the company’s presence in the country’s offshore wind energy sector.

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Ameresco, Sunel bid for 1.5 GWp renewable energy projects

Ameresco, a cleantech integrator located in the US, and Sunel Group have joined forces to compete on 1.5GWp of solar photovoltaic (PV) and battery energy storage system (BESS) projects in the UK and Europe. The projects, which span Greece, Italy, Spain, Romania, and the UK, are currently in the bidding stage and are expected to have contract values that exceed $500 million. The BESS facilities will also provide grid stabilisation services to increase the grid’s resilience while the PV projects will produce clean energy.

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UK, Netherlands plan 2 GW cross-border offshore wind link

National Grid and TenneT have unveiled plans for LionLink, an innovative cross-border direct current cable that will connect offshore wind between the UK and the Netherlands.  The LionLink project is a multi-purpose or hybrid interconnector that will connect up to 2 GW of offshore wind capacity between the British and Dutch electricity systems. It will be only the second hybrid interconnector in the world and significantly larger than its predecessor, Germany and Denmark’s 400 MW Kriegers Flag link that connects two offshore substations in the Baltic Sea.

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Siemens Gamesa debuts a wind turbine tower made of sustainable steel

RWE, a German utility, plans to use GreenerTower from Spanish wind turbine maker Siemens Gamesa for its 1 GW Thor offshore wind farm off the coast of Denmark. The new wind turbine tower is said to be made of sustainable steel. Steel plates make up over 80 per cent of the towers. The fabrication of the plates uses 63 per cent less carbon than the production of conventional steel. A maximum of 0.7 tonnes of carbon dioxide-equivalent emissions per tonne is permitted while maintaining the steel’s quality and properties.

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US Clean Energy Finance Trends 2023

The U.S. renewable energy market is poised for unprecedented growth. The passage of the Inflation Reduction Act (IRA) in August 2022 presents many opportunities for developers and investors. The IRA contains $369 billion in investments to boost clean energy and curb greenhouse gas emissions. One of the biggest wins is the IRA’s long-term extension and expansion of federal tax credits.

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OWT Support: The UK launches GBP 100 million scheme for coordinated development

The UK is making efforts towards ac­hieving its ambitious 2030 offshore wind (OSW) goal of 50 GW in order to meet its long-term net zero targets. The UK government’s Department for Energy Security and Net Zero (DESNZ), which recently took over the energy portfolio from the former Dep­ar­tment for Business, Energy & Industrial Strategy (BEIS), has published documents about its Offshore Coordination Support Scheme (OCSS), which aims to support the development of coordinated offshore wind transmission (OWT) infrastructure.

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O&M Opportunity: Wind market trends and outlook

The operations and maintenance (O&M) of wind power plants plays a key role in the development of the wi­nd energy segment and the broader energy transition, by ensuring that wind turbines are able to operate at their full pot­ential during their useful life. In addition, the after-sales service business continues to be an increasingly important so­urce of revenue and employment for the wind industry.

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India’s domestic solar manufacturing gets a big fillip

As India moves towards installing mo­re than 200 GW of new solar power ca­pacity by 2030, there is a collective aim to ensure that a large part of this is made from locally sourced components. This is a massive undertaking for the Indian solar industry, which depends significantly on imports of solar cells and modules from China and other countries. The launch of the attractive production-lin­ked incentive (PLI) scheme and two tra­nches of successful capacity and amo­unt allocations under this have brought domestic manufacturing to the fore, with developers too wanting a piece of the pie.

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TenneT awards $32 billion contracts for North Sea grid development

TenneT, the German transmission system operator, has granted $32 billion in contracts to three consortia for the development of North Sea offshore grid connections. The contracts, which cover the production and installation of 14 offshore grid connection systems, were signed with the consortia of GE/Sembcorp, GE/McDermott, and Siemens Energy/Dragados. This will produce enough offshore power transmission capacity from the German and Dutch North Seas to power 28 large-scale power plants.

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RWE and Northland Power sign Hellenic Cables as preferred supplier for the Nordseecluster

RWE and Northland Power, the owners of Nordseecluster, have chosen Hellenic Cables as the preferred provider for the cluster of four offshore wind farms. Nordseecluster will be erected in two parts, Nordseecluster A and B, with RWE and Northland owning 51 per cent and 49 per cent, respectively. Phase One has two wind farms with a combined capacity of 660 MW and is currently applying for permits.

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