Lhyfe plans to produce up to 330 tons of green hydrogen per day in Lubmin plant, in Mecklenburg-Vorpommern, Germany, with a targeted commissioning date by 2029. Part of Lhyfe’s backbone development strategy, this plant will feed into the German core hydrogen pipeline network, for the development of which the German government recently unveiled a €20 billion financing plan.
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Octopus Energy’s generation arm has invested in the Walney Extension offshore wind farm in the UK. It is located in the Irish Sea off the coast of Barrow-in-Furness in the north west of England. Octopus has taken a 12.5 per cent stake in the 660 MW wind farm. The wind farm is made up of 87 turbines each taller than the 158 metres high Blackpool tower.
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Statera Energy, a UK based energy storage and flexible generation developer and operator, has secured up to £300 million of debt financing through a syndicate led by Lloyds Bank. The first £144 million phase of the financing will be used to deliver Statera’s 300 MW (600 MWh) Thurrock Battery Energy Storage System (BESS).
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Metsähallitus and Vattenfall have agreed to expand the Korsnäs Offshore Wind Farm project. Vattenfall became a Metsähallitus project partner for the wind project in December 2022 when it won an extensive international tendering process. A new regional plan is being prepared for the region of Ostrobothnia where the wind farm will be located.
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European Energy, a Danish renewable energy company has divested two solar farm projects to Sosteneo SGR in Italy. The total capacity of these renewable energy projects is 231 MW, and both are situated in Sicily. The first agreement, concerning a 68 MW solar farm in Ramacca covering an area of 135 hectares, was closed in September 2023.
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A new clean energy partnership between the UK and the Republic of Korea (RoK) has been agreed to boost energy security and accelerate the clean energy transition. The partnership was signed in London by the Energy Security Secretary and RoK’s Minister for trade, industry and energy.
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Repsol, a Spanish energy company, has acquired ConnectGen, a US-based renewable development company, from Quantum Capital Group for $768 million. The 20 GW of onshore wind, solar, and energy storage projects in ConnectGen’s development pipeline will help Repsol reach its goal of 20 GW of renewable capacity by the end of the 2020s.
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Bute Energy, a Welsh renewable energy company, has unveiled plans to build Llyn Lort Energy Park, a 165 MW wind farm to be located in Powys County, Wales. The requirements of approximately 144,000 households will be met by the power generated by the wind farm.
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Clearstone Energy, a UK-based solar and battery energy storage company has seeked planning permission to construct a 400 MW/800 MWh battery energy storage system (BESS) project in Devon, UK. It is named as the Junction 27 project. The company intends to secure the planning permit for the pipeline over the next 12 months and implement it between 2027 and 2032.
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RWE, a German utility company, has started offshore construction at its 1 GW Sofia offshore wind project on Dogger Bank in the central North Sea, 195 km off the north-east coast of the UK. Prysmian, which is the project’s cable contractor is using its vessel Leonardo da Vinci to lay the first section of high voltage direct current export cable to send the power generated.
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Boskalis, a Dutch dredging and offshore contractor has won two big contracts for the transportation and installation of the export and array cables for the 1.5 GW Baltica 2 offshore wind farm in the Polish section of the Baltic Sea. Polish utility PGE Polska Grupa Energetyczna SA and Denmark’s Ørsted A/S gave two deals to the company. Reportedly, the order is valued at over $ 322.5 million.
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Statkraft, a Norwegian renewable energy generator, has bought a wind farm portfolio from Breeze Two Energy, which consists of 39 wind farms with a total power-generating capacity of 337 MW, for $443 million. The acquisition broadens Statkraft’s growing portfolio of wind farms, which now includes 35 farms in Germany and four in France. There are 165 turbines with a combined capacity of 310 MW in the German portfolio.
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The Federal Network Agency of Germany has opened tenders for 190.11 MW of rooftop solar capacity and 287.85 MW of biomass-fired power plants. The bid submission deadline for both auctions is October 2. The maximum bid price for rooftop solar systems is set at $ 0.122 per kWh. This is the final auction round for solar installations on buildings and noise barriers for 2023.
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European Energy, a Danish renewable energy company, is aiming to set up a 65 MW solar project in the municipality of Anyksciai, Lithuania. The new facility is anticipated to go into operation in fourth quarter, 2023. The project will cover more than 120 acres, with more than 140,000 solar panels, and produce 90,000 MWh yearly. It is anticipated that the project will meet the power requirements of nearly 24,000 homes.
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Sunfire GmbH, a German electrolyser producer has won an order to provide a 100 MW pressurised alkaline electrolyser to an unidentified European refinery. The agreement includes 10 electrolysis technology modules from the company, each with a 10 MW capacity, as well as the power supply units. The system’s installation and commissioning will be under the direction of Sunfire.
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Equinor, the Norwegian oil and gas company, recently inaugurated the 88 MW Hywind Tampen floating offshore wind farm in the Norwegian North Sea. The electricity produced will be used to power Equinor’s oil and gas fields. The wind farm will help the company cut down its oil and gas prices. It is located 140 km from the coast in water depths ranging from 260 to 300 metres and comprises 11 turbines.
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FI Group Portugal has announced its support for six applications through a total financing of €90,555,270. The funding has been raised as part of government support for subsidising green hydrogen generation projects. The funding will account for more than 15 per cent of the chosen efforts designated for public finance.
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TotalEnergies, a France-based oil and gas company, and CapeOmega AS have announced the signing of an agreement to purchase the 40 per cent participating interest in the carbon dioxide storage exploration permit for the Luna project, ExL004. TotalEnergies will purchase this interest from CapeOmega AS. The said project spans an area of 453 sq km and is situated 120 km west of Bergen.
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EDF Renewables has signed a MoU with the Ceará Government for boosting green hydrogen industry. This partnership intends to stimulate the green hydrogen production chain and propel solutions for sustainable energy. As a part of the MoU, EDF Renewables Brazil will conduct extensive research and analysis with the aim of building a green hydrogen generation plant.
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PGE Polska Grupa Energetyczna S.A. has announced that it has received an investment approval for its 2.5 GW Baltica offshore wind project from European Investment Bank (EIB). The company will receive a financing of € 1.4 billion. The project is located in Poland. The project involves 2 stages: the 1.5 GW Baltica 2 and 1 GW Baltica 3, expected to be completed by 2027 and the end of the decade, respectively.
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