Ares Management Corporation has announced that funds managed by Ares’ Infrastructure and Power group have acquired the 302 MW Lincoln Land Wind project, located in Morgan County, Illinois from Apex Clean Energy. This project builds upon the successful partnership history of these two companies and also demonstrates strong momentum in the industry, heading into 2021 through the wind project.
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Siemens Gamesa has been nominated by Iberdrola’s subsidiary, ScottishPower, to be a conditional preferred supplier for the 3.1GW East Anglia Hub offshore wind complex off the United Kingdom Coast. The offshore wind complex consists of three wind farms namely the 800 MW East Anglia ONE North, the 900 MW East Anglia TWO, and the 1400 MW East Anglia Three. If ScottishPower is successful in the upcoming tender for the wind complex, Siemens Gamesa will supply 200 turbines of 14 MW each.
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BP and Equinor have completed the formation of their strategic partnership for offshore wind projects in the US. This includes BP’s $1.1 billion purchase from Equinor of a 50 per cent stake in two major lease areas off the US East Coast. The new partnership will develop up to two projects with a cumulative capacity of 4.4 GW.
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California Energy & Power (CE&P), a US vertical axis wind turbines (VAWT) wind turbine company, has secured its first commercial purchase orders from the Hansei Corporation, an engineering, procurement, and construction company in the Philippines. Initial turbines will be deployed in strategic locations in the Philippines, with plans to deploy the company’s CALI series VAWTs along a newly built expressway project to provide electricity for lighting systems, signaling/protection, and electronic vehicle charging stations.
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Equinor ASA has completed the sale of a 50 per cent stake in two major lease areas off the US East Coast to BP. This includes the development of two offshore wind projects with a cumulative capacity of 4.4 GW. The sale and partnership were announced earlier in September 2020.
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Northland Power Inc. has signed an agreement with PKN ORLEN S.A. acquiring a share of 49 per cent, subject to regulatory approvals, in the Baltic Power offshore wind project in the Baltic Sea with a cumulative offshore wind capacity of up to 1.2 GW. The Baltic Power project is already under development and is located about 23 km off the coast of Poland.
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LOC China, a subsidiary of the AqualisBraemar LOC Group has been awarded a contract to provide marine warranty survey services for the Xuwen offshore wind farm. The services will include transportation, installation and construction operations.
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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.
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Statkraft has signed a cooperation agreement with Aker Offshore and Aker Horizons to explore the possibility of developing, operating and delivering energy from offshore wind projects in Norway. The said cooperation plans to explore the possibility of setting up a bottom-fixed offshore wind project at Sørlige Nordsjø II (“SN2”).
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Pacific Green Technologies, Inc.’s wholly owned subsidiary, Pacific Green Technologies (Shanghai) Co. Limited has signed a framework agreement with SINOPEC Star Co., Ltd., a subsidiary of SINOPEC, to work on a portfolio of onshore and offshore wind power, solar photovoltaic and comprehensive energy utilization projects.
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ACWA Power, a Saudi Arabia based power producer plans to build two wind farms and a thermal plant under a $2.5 billion public-private partnership in Uzbekistan. These are a part of the Uzbek government’s plans to build nine new electric power plants this year, including four thermal power plants and two wind farms.
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Siemens Gamesa has secured an order to supply 70 wind turbines for a 434 MW wind power plant located in the north-east Rio Grande do Norte state. The contract is to supply SG 5.8-170 turbines with OptimaFlex technology, which have been enhanced to operate at 6.2 MW.
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Dutch transmission systems operator, TenneT has announced that it will launch tenders for the development of grid connections with a transmission capacity of 2 GW. The project will ensure supporting infrastructure for the upcoming offshore wind projects in Europe. Under the first tender, transmission infrastructure for at least two projects will be developed in the Ijmuiden Ver wind area in the Netherlands which will be operational in 2028 and 2029. The following tenders will cover the BalWin 1 which will be operational in 2029 and also the BalWin 2 and BalWin 3 which will be operational by 2030.
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The surge in installations exceeds GWEC’s Q3 2020 forecast for China by 11 GW and makes 2020 a record year of wind growth with an estimated 82.3 GW of new wind power capacity globally, according to initial calculations by GWEC, which represents a 36% year-on-year increase in installations. According to GWEC Market Intelligence, the global wind industry is now on-track to go from strength to strength and we expect to see similar installation levels in 2021.
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Avangrid Renewables announced the commissioning of its 154.8 MW Tatanka Ridge Wind Farm. The project consists of 56 wind turbines and is located in Deuel County, S.D., northeast of Brookings. Further, the wind farm is owned by Tatanka Ridge Wind, LLC, a joint venture between Avangrid Renewables and WEC Energy Group. The wind farm has penned a power purchase agreement with the Dairyland Power Cooperative for 51.6 MW of its capacity.
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Clir Renewables has been selected to enhance the performance of Kenya’s Lake Turkana Wind Farm. The company will analyse data from each of the wind farm’s 365 turbines using parameters of available resource, geospatial features, and nearby turbines. Further, machine learning data analytics will be used to pick out instances of underperformance and their underlying causes.
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In this report, a study defining detailed country profiles is performed by focusing on wind energy current scenario and development of future scenarios. Key investment actors and business models are analyzed in order to define market opportunities and criticalities.
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Pattern Energy Group LP (Pattern Energy) has finalised financing of a $515 million fund, Green Power Renewable No. 1 Investment LP. Pattern Energy’s affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one of its largest investors.
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Check out the presentations from EBC’s Eighth Annual New England Offshore Wind Conference – 2020 Decisions and Outlook for Permits, Procurements, and Ports.
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Siemens Gamesa has secured its largest order to date in Vietnam for a 117 MW wind farm. The wind farm is expected to be commissioned in the third quarter of 2021 and will generate enough electricity to power the demands of 248,000 people.
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