Big Moves Europe Archives - Page 9 of 9

CIP to set up an artificial hydrogen island in Danish North Sea

May 24, 2022 | Big Moves, Big Moves Europe, Green Hydrogen

Copenhagen Infrastructure Partners (CIP), a Danish energy investment company, has announced plans to develop an artificial hydrogen island in the Danish North Sea by 2030. The BrintØ hydrogen island will be used primarily for large-scale green hydrogen production from offshore wind. The project will be developed on the Danish part of Dogger Bank in the North Sea and will be connected to a 10 GW offshore wind power project.

Four European countries have set a 150 GW offshore wind target

May 23, 2022 | Big Moves, Big Moves Europe, Wind Power

Germany, Belgium, the Netherlands, and Denmark inked an agreement in Esbjerg to produce 65 GW of offshore wind energy and 150 GW of green hydrogen by 2030 and 2050, respectively. Declaring their intention to become Europe’s Green Power Plant, the joint accord intends to tenfold the region’s offshore wind power capacity, with total private sector investments expected to reach €135 billion.

Vattenfall receives approval for 640 MW offshore wind farm in Sweden

May 20, 2022 | Big Moves, Big Moves Europe, Wind Power

Vattenfall, Sweden’s state-owned power company, has received permission from the Swedish government to build Kriegers Flak, a 640 MW offshore wind farm. The Kriegers Flak plant, located in the south of the Baltic Sea, will be equipped with 40 to 50 wind turbines and will generate around 2.6 TWh of green electricity per year. The offshore wind farm will generate enough clean energy to power more than 500,000 homes.

Denmark to build energy islands for supply of renewable energy

May 5, 2022 | Big Moves, Big Moves Europe, Wind Power

Denmark is planning to set up two energy islands that can supply renewable energy produced by offshore sources to the domestic market of Denmark and other European countries. Denmark will build the first island in the North Sea to serve offshore wind turbines with a 3 GW initial serving facility. The second Denmark energy island will be built in the Baltic Sea’s Bornholm islands, with a serving capacity of 2 GW.

ORIT to acquire stake in 270 MW offshore wind farm in UK

May 2, 2022 | Big Moves, Big Moves Europe, Wind Power

Octopus Renewables Infrastructure Trust (ORIT), a UK-based renewable investment firm, has agreed to acquire a 7.75 per cent stake in the Lincs offshore wind farm. Lincs, with a capacity of 270MW, is located offshore from England’s east coast and has been operational since 2013. The offshore wind facility, which spans 35 km sq, is equipped with 75 wind turbines, each with a 3.6MW capacity.

SSE and Brookfield Renewable partner for Dutch offshore wind bids

April 28, 2022 | Big Moves, Big Moves Europe, Wind Power

SSE Renewables and Brookfield Asset Management, a Canadian investment business, have joined forces to bid for the Hollandse Kust (west) offshore wind farm zone, which is currently under construction in the Netherlands. The Hollandse Kust (west) zones, which are about 53 km from the Dutch coast, are being auctioned for the development of two individual sites, each with a capacity of 700 MW.

ITT to invest $2.5 million in solar power lake in Italy

April 25, 2022 | Big Moves, Big Moves Europe, Solar Power

ITT Inc. has announced the construction of a photovoltaic lake at its largest factory in Barge, Italy. The lake will be about the size of four Olympic swimming pools and will be made up of approximately 3,000 solar panels. As per the company’s statement, $2.5 million investment is part of ITT’s long-term strategy to become more sustainable.

Matrix Renewables partners with Rolwind for 1 GW of renewable capacity

February 16, 2021 | Big Moves, Big Moves Europe, Solar Power

Spanish companies Matrix Renewables and Rolwind have signed a partnership agreement to develop 1GW of renewable projects. The global renewable energy platform, Matrix Renewables, plans to initially invest in a portfolio of 150 MW which consists of three solar power projects located in Huelva, Spain.

EDF and Windvision secure 226 MW of onshore wind capacity in France

February 15, 2021 | Big Moves, Big Moves Europe, Wind Power

EDF Renewables and its partner, Windvision have announced that they have secured a 226MW project in France’s latest auction for onshore wind projects. The wind farm known as the ‘ Mont des Quatre Faux project’ will be located near Rethel, in the Ardennes department of France’s Grand Est region. It will be spread across seven municipalities and will be built at an estimated cost of Euro 250 million. Once running, the project will be equipped to fuel the power needs of around 250,000 people.

BP with EnBW secures 3 GW in UK’s offshore wind leases

February 10, 2021 | Big Moves, Big Moves Europe, Wind Power

bp and Energie Baden-Wuerttemberg AG (EnBW) of Germany have together emerged as the preferred bidder for two major leases in the UK Offshore Wind Round 4. Both these leases are located in the Irish Sea and together offer a total potential to generate 3 GW of offshore wind power. This is the first such UK leasing round since 2010 and offers a 60-year lease life.

Iberdrola acquires 3 GW of offshore wind projects in Ireland

February 8, 2021 | Big Moves, Big Moves Europe, Wind Power

Iberdrola has signed an agreement with DP Energy acquiring a majority share in its offshore wind projects with a cumulative capacity of 3GW. This marks its entry into the offshore wind market in Ireland. The projects are situated across three groups in the eastern, western and southern coasts of Ireland.

Spain allocates 3 GW of renewable energy in latest auction

January 31, 2021 | Big Moves, Big Moves Europe, Solar Power, Wind Power

Spain has announced the allocation of about 3 GW of renewable energy capacity in its first renewable energy auction since 2017. The auction was conducted by the Ministry for the Ecological Transition and witness the awarding of 2 GW of solar capacity. Additionally, the Ministry also allotted about 1 GW of wind energy under the auction. The winning bidders must complete the solar projects by February 2023 and wind projects by February 2024.

Lightsource BP acquires 1.06 GW of solar projects in Spain

January 21, 2021 | Big Moves, Big Moves Europe, Solar Power

Lightsource BP has announced the acquisition of a portfolio consisting of 1.06 GW of solar projects in Spain from RIC Energy. Additionally, the sales agreement specifies a partnership with RIC Energy to develop solar projects in 14 sites across Madrid, Andalusia, and Castile and Leon. The first batch of projects is projected to reach ready-to-build status by the end of 2021 and be commissioned between 2022 and 2025.

Aker Horizons invests in Mainstream Renewable Power

January 20, 2021 | Big Moves, Big Moves Europe

Norway-based Aker Horizons, a wholly owned subsidiary of Aker ASA, will invest in a 75 per cent equity stake in Mainstream Renewable Power, with a valuation of Euro 1 billion, which includes an earn-out of up to Euro 100 million in 2023 and is subject to customary adjustments

Naturgy enters the United States market with the acquisition of Hamel Renewables

January 18, 2021 | Big Moves, Big Moves America, Big Moves Europe, Hybrids and Energy Storage, Solar Power

Spain-based energy group Naturgy has acquired 100% of the economic interests in Hamel Renewables, a renewable energy company specialising in solar and energy storage. This transaction marks Naturgy’s entry into the United States renewable energy market as this is its first investment here.

Total and Engie to develop a green hydrogen production unit in France

January 15, 2021 | Big Moves, Big Moves Europe, Green Hydrogen

Total and Engie have mutually agreed to design, develop, build and operate a renewable hydrogen production unit called the Masshylia project. The project will be located at a site at Chteauneuf-les-Martigues in the Provence-Alpes-Cote d’Azur in the Southern region of France.

Siemens to merge its wind operations with mechanical drive unit Flender

May 8, 2020 | Big Moves, Big Moves Europe, Wind Power

Siemens has unveiled plans to merge its wind energy generation business with mechanical drive unit Flender. The decision is a part of a two-stage strategy to reorganise and revamp its units within its Portfolio Companies (POC).

Enbridge offloads stakes in three French offshore wind projects to CPP Investments

May 7, 2020 | Big Moves, Big Moves Europe, Wind Power

Canada-based energy company Enbridge Inc has agreed to offload 49 per cent of its 50 per cent interest in the developer of three offshore wind projects in France to the Canada Pension Plan Investment Board, which operates as CPP Investments.

Category: Big Moves Europe

CIP to set up an artificial hydrogen island in Danish North Sea

Four European countries have set a 150 GW offshore wind target

Vattenfall receives approval for 640 MW offshore wind farm in Sweden

Denmark to build energy islands for supply of renewable energy

ORIT to acquire stake in 270 MW offshore wind farm in UK

SSE and Brookfield Renewable partner for Dutch offshore wind bids

ITT to invest $2.5 million in solar power lake in Italy

Matrix Renewables partners with Rolwind for 1 GW of renewable capacity

EDF and Windvision secure 226 MW of onshore wind capacity in France

BP with EnBW secures 3 GW in UK’s offshore wind leases

Iberdrola acquires 3 GW of offshore wind projects in Ireland

Spain allocates 3 GW of renewable energy in latest auction

Lightsource BP acquires 1.06 GW of solar projects in Spain

Aker Horizons invests in Mainstream Renewable Power

Naturgy enters the United States market with the acquisition of Hamel Renewables

Total and Engie to develop a green hydrogen production unit in France

Siemens to merge its wind operations with mechanical drive unit Flender

Enbridge offloads stakes in three French offshore wind projects to CPP Investments

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