The UK Department for Energy Security and Net Zero has announced approximately $26.7 million in government funding for seven low-carbon hydrogen projects, which is expected to boost the country’s hydrogen production capacity by 800 MW. Subject to the signing of contracts, financing from the second phase of the Net Zero Hydrogen Fund (NZHF) will support the projects’ development and implementation.
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Greece’s Regulatory Authority for Energy has announced 48 provisional winners in the country’s second energy storage auction, totalling 1.5 GW/3.1 GWh. This development is a component of Greece’s ongoing efforts to improve its infrastructure for energy storage. In this round, the average winning bid is €46,680 per MW annually.
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Siemens Gamesa, a Spanish developer of wind turbines, has won a contract with Polenergia and Equinor to supply turbines for the offshore Bałtyk II and Bałtyk III wind farms Poland. The projects will provide green energy to two million Polish households with a combined capacity of 1.44 GW. The company has placed an order for the manufacturing, delivery.
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Oulu Energy is planning to build a 100 MW hydrogen production plant in Oulu, northern Finland. After completion, the plant would be a natural part of Oulu Energy’s goal of achieving carbon neutrality by 2030. The partner for the project planning is Finnish P2X Solutions, which is currently constructing a hydrogen production plant in Harjavalta, western Finland.
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RWE and PPC through their joint venture company Meton Energy have made a final investment decision on the construction of Orycheio Dei Amynteo solar farm situated in Western Macedonia, Greece. The solar farm with a total capacity of 432 MW is the last project of the 870 MW Amynteo portfolio.
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Alcemi, a developer of battery energy storage systems, has secured planning approval in Scotland for two battery energy storage system (BESS) projects totaling 1.5 GW. Alcemi is implementing the projects as a component of a larger 4 GW energy storage portfolio in the UK. Located in Fife, north of Edinburgh, is the 500 MW and 1,000 MWh Devilla energy storage facility.
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Corsica Sole announced plans to build the first green hydrogen manufacturing facility on the French island of Corsica in the Mediterranean Sea. The proposal was recently revealed ahead of the Hyvolution 2024 show in France and has already gotten regulatory clearance. The proposed Foll’Hy facility would be built in the village of Folelli, where it will generate green hydrogen through electrolysis using power from a 12 MWp solar photovoltaic (PV) park.
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Lhyfe and Source Galileo have inked a joint agreement to establish commercial-scale green and renewable hydrogen production units in the UK and Ireland. The companies have signed a MoU with the goal of deploying production facilities powered by renewable energy. Under the agreement, Lhyfe and Source Galileo will combine their expertise to generate and supply clean gas to a variety of customers across industry and transport.
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Copenhagen Infrastructure Partners (CIP) has launched Copenhagen Energy Islands (CEI), a new development company dedicated to developing energy islands globally. Copenhagen Energy Islands will build on CIP’s long-standing experience and expertise in offshore wind. Furthermore, it is currently developing a portfolio of around 10 energy island projects around the North Sea, the Baltic Sea and Southeast Asia.
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OX2 and Ingka Investments have applied to build Neptunus, a 3.1 GW offshore energy hub off Blekinge, Sweden. Located 50 km offshore, the Neptunus offshore wind project will be a major energy hub, with 207 wind turbines reaching heights of 420 m. The project will cover the needs of the Skåne and Blekinge districts by producing 13–15 TWh of power annually.
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Vestas has announced plans to establish a new blade factory in Szczecin, Poland. The factory is planned to produce blades for Vestas’ flagship offshore wind turbine, the V236-15.0 MW, and is expected to start operations in 2026, creating more than 1,000 direct jobs.
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Cheshire West & Chester Council has approved plans by EET Hydrogen for the large scale, low carbon hydrogen production plant (HPP1) in the UK located at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. The hydrogen hub consisting of two plants (HPP1 and HPP2) will enable local industrial and power generation businesses to switch from fossil fuels to low carbon energy.
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Repsol has started producing electricity at Sigma in Andalusia. It is made up of five solar plants with a total installed capacity of 204 MW. It is located in Jerez de la Frontera (Cádiz). The Arco 1, 2, 3, 4 and 5 make up the Sigma project with an investment of close to €150 million.
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LONGi announced that it has signed a 576 MW sales agreement with Nofar Energy Romania, implementing the latest generation of its high-efficiency modules. The comprehensive agreement encompasses the procurement of the company’s Hi-MO 7 modules. Furthermore, the project is expected to be under construction in 2024 and operational in 2025. In addition to its high efficiency, Hi-MO 7 boasts excellent power generation performance and long-term reliability, significantly reducing the cost of electricity (LCOE) for large-scale projects.
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Iberdrola has obtained environmental certification to construct the 86.4 MW HIDRO Cedillo hybrid hydroelectric-solar project in Spain. The hybrid plant, which would minimise its environmental impact while optimising grid use, will be situated in the municipality of Cedillo, in Extremadura. Over 160,000 photovoltaic modules will be included.
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RWE has acquired the Norfolk Offshore Wind Zone portfolio from Vattenfall. The portfolio comprises three offshore wind development projects off the east coast of England – Norfolk Vanguard West, Norfolk Vanguard East and Norfolk Boreas. The three projects, each with a planned capacity of 1.4 GW, are located 50 to 80 km off the coast of Norfolk in East Anglia.
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Renewable Power Capital (RPC) and Elmya Energy have formed a joint venture (JV) to develop 4 GW of BESS and co-located solar PV assets in the UK. As part of the deal, Elmya Energy has contributed an existing pipeline of over 2.5 GW to the JV. This includes 1.5 GW of transmission-connected projects and 200 MW of distribution-connected projects at a late stage of development, plus 800 MW of earlier stage projects.
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RWE has inked a partnership agreement with Masdar to jointly develop the UK Dogger Bank South (DBS) offshore wind development projects. The completion of these landmark projects will continue to be led by both partners. The acquisition is anticipated to close in the first quarter of 2024, subject to customary clearances. The new alliance was signed during a ceremony held during COP28 in Dubai.
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The Finnish government adopted a resolution on launching an auction procedure concerning offshore wind power sites located in the public water areas of Finland. The offshore wind power sites to be auctioned are located in public water areas governed by Metsähallitus in the regions of Ostrobothnia and North Ostrobothnia.
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Statkraft has concluded an agreement for the purchase of Enerfin, a Spanish renewable energy company. The transaction has an estimated enterprise value of €1.8 billion, including equity and debt, subject to customary adjustments at completion. Furthermore, Enerfin’s renewable energy platform includes 1.5 GW in operation and under construction.
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