53 hydrogen projects have been publicly announced in China, of which 50% are linked to transport applications. Key announced projects include Sinopec’s ambition to build 1,000 refueling stations in the next 5 years, and the commissioning of a 200 MW PV-connected hydrogen plant in the Ningxia region. The total estimated investment amounts to USD 180 billion.
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WPD and World Kinect Energy Services have signed a route-to-market PPA for the 188 MW Karhunnevankangas Wind Farm project in Finland. World Kinect will continue to provide value to renewable energy providers as well as customers looking to accelerate their transition to renewable energy through this initiative.
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Sturdee Energy, an independent power producer, has signed two power purchase agreements with the state-owned Botswana Power Corporation (BPC) for its Bobonong and Shakawe solar PV projects in Botswana. The total capacity of the two plants will be 4 MWp.
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Eni, an Italian energy firm, has agreed to buy a 1.2 GW renewable energy portfolio in Spain from Azora, an independent real asset management company. Azora’s portfolio includes three operational wind farms, one under construction wind farm (for a total of 230 MW), and five major solar power projects in advanced phases of development totaling 1 GW.
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Energy systems around the world must transition to renewable and clean energy sources and experience significant changes, owing to a combination of technology advancements, the need for affordable energy sources, and the compelling need to combat climate change. In this regard, the world’s oceans are a source of abundant renewable energy, which can be tapped through offshore wind (with fixed and floating foundations, or airborne), floating solar photovoltaics and other emerging ocean energy technologies.
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DNV, a Norwegian ship quality assurance and risk management organisation, has granted Samsung Heavy Industries approval in principle (AIP) for its independently designed offshore floater for wind power turbines. AIP for the floater implies that a certification body has evaluated its fundamental design and certified that it satisfies the agency’s technical requirements and standards for use.
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Cubico Sustainable Investments and GLIL Infrastructure have awarded Anesco 12 contracts to offer operations and maintenance services for their 148MW UK-wide solar farm portfolio. The agreement is Anesco’s single largest O&M portfolio to date, and it has increased its maintenance order book by nearly 14 percent.
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Estonia and Latvia have signed a memorandum of understanding to jointly establish an offshore wind farm in the Baltic Sea’s Gulf of Riga. The proposed offshore wind farm has a capacity of up to 1,000 MW and is expected to be operational by 2030.
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Wärtsilä, a technology company, will supply Pivot Power, a subsidiary of EDF Renewables, with 100MW / 200MWh of energy storage systems for its next two projects in the West Midlands, England, to support the roll-out of Pivot Power’s revolutionary Energy Superhub concept. Wärtsilä will instal batteries in two locations: Coventry and Sandwell, on the outskirts of Birmingham.
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Apollo Global Management, Inc. and Arthur Kill Terminal LLC have signed into a deal for the exclusive right to invest in the Arthur Kill Terminal project, a large offshore wind energy staging and assembly facility under construction on Staten Island, New York. Atlantic Offshore Terminals, located in New York, will lead the development of Arthur Kill Terminal.
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The results of the 300 kW rooftop PV system have now been disclosed by the German Federal Network Agency. The government agreed to evaluate 168 proposals totalling 213 MW and chose 114 projects totaling 152 MW, which is 2 MW more than it had intended to allocate.
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Green Investment Group (GIG) has granted Offshore Design Engineering (ODE) a contract as owner’s engineer and package manager for offshore wind projects in South Korea that it is developing and investing in. The deal will see ODE’s Korea office, which will open in January 2021, carry out engineering projects totaling more than 500 MW in the nation.
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BayWa RE has signed a power purchase agreement (PPA) with San Diego Community Power (SDCP) to acquire electricity generated by a 90 MW solar plus 70 MW storage project in California. The PPA is for energy from the Jacumba Valley Ranch (JVR) Energy Park, which BayWa RE is developing near Jacumba Hot Springs in San Diego County.
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Mainstream Renewable Power has completed the first phase of its 1,350 MW Andes Renovables wind and solar power platform in Chile, with a total capacity of 571 MW. The development implies that the portfolio has begun delivering electricity to Chile’s National Electricity System and has begun testing prior to commercial operation in order to ensure optimal performance.
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The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has published a roadmap for the construction of up to 3 GW of floating offshore wind by 2030. Over the next decade, Spain plans to build 1-3 GW of floating offshore wind and up to 60 MW of pre-commercial wave tidal and other sustainable marine energy.
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We are in the biggest transition our energy systems have ever seen. Renewables are growing rapidly, and over time, oil and gas will play a smaller role. The plan we present today is a strategy to take advantage of the opportunities in the transition. This is not a new direction, but we are accelerating our transition, bringing forward our ambitions while growing cash flow and returns.
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The necessity for a stable climate, decreased fuel costs, reduced petroleum dependency, and clean air, especially for those who are disproportionately affected by pollution, definitely acts as factors that motivate governments to move to electric cars. Major economies with significant car production, such as China, Japan, Germany, the United States, and others, suffer the biggest industry risk if they delay the transition to electric vehicles. In a related development, the Biden administration’s American Jobs Plan proposes $52 billion in U.S. assistance for domestic manufacturing, including tax incentives and access to financing.
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Germany and Chile recently signed a letter of intent for a bilateral alliance on hydrogen production and trade to enable a renewable energy hydrogen supply chain between the nations. Under this, a green hydrogen working group would be created as a part of the Chilean-German Energy Association (AEE).
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Vitol has granted a $70 million balance of plant contract to a subsidiary of US contractor Infrastructure and Energy Alternatives (IEA) for the 240 MW Big Sky wind farm repowering in the US state of Illinois. The repowering of the Big Sky wind farm in Bureau and Lee Counties will begin in August 2021 and is scheduled to be finished in July 2022.
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The last unit of GE Renewable Energy’s Wudongde (WDD) hydropower plant has been successfully linked to the grid for electricity generation and has completed 72 hours of trial operation. The company was responsible for the design, engineering, manufacture, installation monitoring, and commissioning of the six 850 MW Francis turbine generating sets and accompanying equipment for the hydropower project under a contract signed in 2015.
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