Month: May 2023

Mainstream and partners plan to build 2.5 GW wind project in Australia

Mainstream and partners plan to build 2.5 GW wind project in Australia

May 31, 2023 |

AGL, DIRECT Infrastructure, Mainstream Renewable Power, and Reventus Power have joined forces to submit an application for the construction of a 2.5 GW offshore wind farm in Australia’s Gippsland region. The Bass Strait, the first offshore wind zone approved by the Australian government, will act as the site for the proposed offshore wind project. Reportedly, the 15,000 sq km zone will expand employment prospects and produce 10 GW of renewable energy annually.

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RPC and Greenfield to develop 500 MW energy storage projects in UK

RPC and Greenfield to develop 500 MW energy storage projects in UK

May 31, 2023 |

Renewable Power Capital (RPC) and Greenfield, two UK-based renewable energy developers, have agreed to collaborate on the development of 500 MW of energy storage projects in the country. RPC has purchased two projects from Greenfield, totaling 83 MW. By the second quarter of 2024, the projects are anticipated to have received final approval.

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Plug Power plans to develop three green hydrogen production plants in Finland

Plug Power plans to develop three green hydrogen production plants in Finland

May 30, 2023 |

Plug Power, a US-based energy company, has committed to construct three hydrogen electrolysers with a total capacity of 2.25 GW in Finland by 2030. The Finnish government’s goals to become carbon neutral by 2035 will benefit from this. The Kokkola South facility will have 1 GW of electrolytic capacity erected for the generation of 85 tpd of green hydrogen and 700 kilotonnes of green ammonia per year. These will be both imported and used locally and across Europe.

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Motor Oil acquires majority stake in 1.9 GW solar projects in Greece

Motor Oil acquires majority stake in 1.9 GW solar projects in Greece

May 30, 2023 |

Motor Oil Group, a Greek oil refining business, has completed the acquisition of a controlling stake in Unagi, a company with interests in 1.9 GW of solar projects in different stages throughout Greece, through its subsidiary Motor Oil Renewable Energy (MORE). Motor Oil intends to invest more than €4 billion in energy transformation projects.

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Rolls-Royce, ABO Wind launch solar with battery project in Bavaria

Rolls-Royce, ABO Wind launch solar with battery project in Bavaria

May 29, 2023 |

Rolls-Royce Holdings and German renewables developer ABO Wind AG have completed a crossbreed solar and battery nuclear power facility in Bavaria, Germany, capable of producing 10,000 MWh per year. In addition to avoiding about 6,300 tonnes of carbon dioxide, the generation can meet the needs of about 3,000 three-person homes. The UK aerospace company’s Power Solutions division also announced that it had given ABO Wind’s newest solar farm in Bavaria a 2.9 MW/5.8 MWh mtu EnergyPack QG battery storage system.

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Centrica Energy Trading signs 63 GWh renewables PPA with Fraport

Centrica Energy Trading signs 63 GWh renewables PPA with Fraport

May 29, 2023 |

Centrica Energy Trading has signed a new power purchase agreement (PPA) with German airport operator Fraport. In accordance with the agreement, Centrica will begin providing Frankfurt Airport’s aviation centre with approximately 63 GWh of renewable energy in July 2023. The agreement will initially be in effect for five years. The recently completed 22 MW wind farm on the German mainland at Bremerhaven on the North Sea coast will provide clean electricity.

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Post-Pandemic, Asia is Falling Short on Electricity Access and Switch to Renewables

Post-Pandemic, Asia is Falling Short on Electricity Access and Switch to Renewables

May 29, 2023 |

The number of people connected to electricity has risen dramatically since 2000 in Central and South Asia from 60% to 96% in 2020. Despite this positive trend, the region is unlikely to reach energy access targets by 2030. Other indicators, such as the share of renewables in the overall energy mix, are moving in the wrong direction, particularly in low-income economies, as UNESCAP data shows.

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Cleantech has become the key to energy security: European Commission’s Frans Timmermans

Cleantech has become the key to energy security: European Commission’s Frans Timmermans

May 29, 2023 |

We have set clear definitions for producers of renewable hydrogen under the revised Renewable Energy Directive, currently under the scrutiny of the European Parliament and the Council, and we hope they can finally be adopted by the deadline of June the 13th. The Renewable Energy directive also sets binding renewable hydrogen sub targets which will help kickstart first hydrogen production and offtake projects.

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Return To Growth Expected For Non-Hydro Renewables In Peru As Policy Environment Improves

Return To Growth Expected For Non-Hydro Renewables In Peru As Policy Environment Improves

May 29, 2023 |

Peru’s non-hydro renewables segment will return to growth, supported by an improving policy environment following years of stagnation amid political instability. Low-carbon power technologies dominate the market’s project pipeline, with non-hydro renewables experiencing lower development risks than planned hydropower and gas-fired power projects. Non-hydro renewables’ share of the power mix will increase over the coming 10 years in line with government targets.

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Ørsted purchases Eversource stake in US offshore wind JV for $625 million

Ørsted purchases Eversource stake in US offshore wind JV for $625 million

May 26, 2023 |

Ørsted, the Danish energy giant, has agreed to pay $625 million for Eversource Energy’s 50 per cent ownership in the two companies’ uncontracted federal offshore wind lease joint venture. The agreement also includes contracts and partnerships that are critical to operating assets. The deal is expected to close in the third quarter of 2023 after receiving regulatory approval

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Floating Offshore Wind: A potential solution to meet global decarbonisation needs

Floating Offshore Wind: A potential solution to meet global decarbonisation needs

May 26, 2023 |

Floating offshore wind turbines are affixed on platforms that are firmly moored to the ocean bed and conn­ec­ted by dynamically suspended cables. As a technology, floating offshore wind (FOW) can be considered supplementary to fixed-seabed wind technology. It d­e­ploys fixtures and component configurations that are compatible with conventional systems, including power substations, undersea transmission networks and feed-in infrastructure of the existing grids.

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Electrifying the US Federal Fleet: Paper

Electrifying the US Federal Fleet: Paper

May 26, 2023 | ,

ICF experts used the proprietary fleet electrification modeling technology to project the costs, savings, and climate impact of electrifying the entire federal fleet. It turns out that replacing the gas-powered cars and trucks for all U.S. federal agencies would actually save money. In fact, it would save approximately $6 billion dollars when you consider the total cost of ownership over the lifetime of the vehicle.

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Green Deal Industrial Plan: Briefing

Green Deal Industrial Plan: Briefing

May 26, 2023 | ,

The “Green Deal Industrial Plan for the Net Zero Age” (GDIP) is the European Commission’s response to the US’s Inflation Reduction Act (IRA). The US passed their landmark climate bill in the summer of 2022; it is estimated to spend $369 billion on climate over the next decade. Constrained by time pressure, challenging political circumstances and with the end of its mandate approaching rapidly, the Commission published the GDIP communication on 1 February 2023.

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International Green Hydrogen Report 2023

International Green Hydrogen Report 2023

May 26, 2023 | ,

The 2023 edition of the report covers the latest updates across the globe, including key jurisdictions across Europe, Asia-Pacific, Africa and The Americas, highlighting key funding and support schemes, and exciting projects happening across the space. This year, the report also includes new chapters for Denmark, Morocco, Sweden, India, Argentina, Chile and The United States.

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Savion, Toyota sign 100 MW solar VPPA in Kentucky

Savion, Toyota sign 100 MW solar VPPA in Kentucky

May 25, 2023 |

Savion Solar and Toyota have signed a 100 MW solar PV virtual power purchase agreement (VPPA) for a brownfield project in Kentucky, US. The project’s anticipated start of construction is in the latter part of 2023, and it will be ready for commercial operation by 2024. The project, developed by Savion and a local solar developer named Edelen Renewables that specialises in brownfield solar projects, will turn an old coal mine in Martin County, close to the border between the states of Kentucky and West Virginia, into a solar PV facility.

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Iberdrola signs clean energy PPA with Holcim in Germany

Iberdrola signs clean energy PPA with Holcim in Germany

May 25, 2023 |

Iberdrola has signed a PPA with Holcim to provide the building firm with 250 GWh of renewable energy per year from its Baltic Eagle offshore wind farm in Germany. The clean energy will help to accelerate Holcim’s net-zero journey in Germany, where it aims to expand the use of renewable energy in its operations to over 80 per cent by 2030. The Baltic Eagle offshore wind farm is currently under construction in the Baltic Sea, north of the island of Rügen, and will have a total capacity of 476 MW when completed in 2024. 

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DTEK opens phase one of 500 MW wind power plant in Ukraine

DTEK opens phase one of 500 MW wind power plant in Ukraine

May 24, 2023 |

DTEK, a Ukrainian private energy business, has opened the 114 MW phase of one of the 500 MW Tyligulska wind power projects. The factory is positioned 100 km from the frontlines of Russia’s invasion of the country, which began in February 2022. The company has invested $200 million for phase one construction, which features 19 turbines.

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Thyssenkrupp Nucera and H2 Green Steel to partner for electrolysis plant

Thyssenkrupp Nucera and H2 Green Steel to partner for electrolysis plant

May 24, 2023 |

Thyssenkrupp Nucera, a German-Italian joint venture, will supply H2 Green Steel, a Swedish renewable energy steel start-up, with more than 700 MW of water electrolysis capacity. More than 30 electrolysers will be installed in Europe’s first commercial green steel mill in Boden, Sweden. With the addition of the electrolysers, the Boden facility will become the first in the world to have a gigawatt-scale production capacity. It will be facilitated by Thyssenkrupp Nucera’s “scalum” model alkaline water electrolysis modules.

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