August 2016

Danish Investment Fund Acquires $208m, Biomass Fired, UK CHP Power Plant

Biomass, Deals & Finance, Energy, Europe/Middle East/Africa, Head Lines

The fund Copenhagen Infrastructure II and Burmeister & Wain Scandinavian Contractor A/S (BWSC) have acquired 100% of the biomass-fired combined heat and power plant project in Kent, UK. The power plant will have a capacity of 27.8 MW and will be fired primarily with virgin wood sourced locally in the UK. The Fund has also taken the investment decision to construct the project. The total investment in the Kent project will amount to approximately $208m.

Danish Investment Fund Acquires $208m, Biomass Fired, UK CHP Power Plant Read More »

Electricity Generation From Biomass In The US Grows By 15%

Americas, Biomass, Energy

Over the past five years, U.S. electricity generation from biomass across all sectors grew from 56 terawatt-hours (TWh) in 2010 to 64 TWh in 2015. Much of this growth occurred in southern states such as Virginia, Florida, and Georgia. In 2015, electricity generation from biomass across all sectors accounted for 11.3% of renewable electricity generation and 1.6% of total electricity generation in the United States. Nearly half of the electricity generated from biomass in 2015 was at industrial facilities outside of the electric power sector, such as pulp and paper mills. Within the electric power sector, biomass accounted for 6.3% of renewable electricity and 0.8% of total U.S. electricity generation.

Electricity Generation From Biomass In The US Grows By 15% Read More »

First Solar Wins 160MW Of PV Module Contracts For Turkish Power Projects

Americas, Energy, Europe/Middle East/Africa, Head Lines, Solar

First Solar, Inc. has announced that it has won 160MW Of PV module contracts power projects in Turkey. Zorlu Enerji, a subsidiary of Zorlu Holding, has contracted First Solar to supply 100MWDC of its high-performance Series 4 thin-film modules, for projects expected to be constructed and commissioned in 2017. In addition, Basariarge Enerji A.S. – a joint venture between Basari Yatirimlar, a Turkish infrastructure company, and the Basari Group – has placed orders for 60MWDC of modules that will power its own projects, as well as PV power plants that it will provide EPC services for. The first modules will be delivered in late 2016.

First Solar Wins 160MW Of PV Module Contracts For Turkish Power Projects Read More »

Vattenfall Acquires North Sea Offshore Wind Project of 79 Turbines Across 47Km

Deals & Finance, Energy, Europe/Middle East/Africa, Wind

Vattenfall has acquired a wind development project consisting of up to 79 turbines in the German North Sea. The acquisition is in line with Vattenfall’s growth strategy to extensively expand its renewable energy production in the coming years. “The acquisition underlines once more that our growth ambitions in wind are under full steam. As a company we are on a good way to reshape our generation portfolio towards more renewable energies in all our markets”, says Gunnar Groebler, Senior Vice President and Head of Business Area Wind at Vattenfall.

Vattenfall Acquires North Sea Offshore Wind Project of 79 Turbines Across 47Km Read More »

European Offshore Wind Attracts Record €14bn New Investment in First Half 2016

Deals & Finance, Europe/Middle East/Africa, Head Lines, Wind

The European offshore wind industry attracted a record €14 billion in new investments during the first six months of 2016, as the key trends and statistics from WindEurope show. Giles Dickson, CEO of WindEurope, said: “The record investment numbers show a clear industry commitment to offshore wind. We expect installations will pick up significantly in 2017 but there are a lot of challenges out there still on offshore wind. Not least the uncertainty over future volumes and regulation in many key markets for the period after 2020. We’re a long way from being able to say job done on offshore wind.”

European Offshore Wind Attracts Record €14bn New Investment in First Half 2016 Read More »

Vestas Wins 278MW Wind Turbines Order From E.ON, USA

Americas, Deals & Finance, Energy, Wind

Vestas has received a firm and unconditional order from E.ON for 139 V110-2.0 MW wind turbines. The order includes supply and commissioning of the wind turbines as well as a multi-year service agreement. “We are excited to be working with Vestas on this turbine purchase as E. ON expands its U.S. portfolio,” said Patrick Woodson, Chairman of E.ON North America. Nacelles, blades, and towers will be produced at Vestas’ Colorado factories with delivery expected to begin in the second quarter of 2017 and commissioning planned for the fourth quarter of 2017.

Vestas Wins 278MW Wind Turbines Order From E.ON, USA Read More »

India Powers On; First Solar Connects 130MW Utility-Scale Solar Power To Grid

Asia Pacific, Energy, Head Lines, Solar

First Solar has announced the connection of 130MW utility-scale solar power to the Indian grid. The 130 MWAC plants collectively will produce enough energy to power 227,500 average homes in India, and will displace over 204,000 metric tons of carbon dioxide per year. The project is powered by more than 1.4 million First Solar modules, offering highly predictable energy in all climates and applications. The modules have been independently tested to pass accelerated life and stress tests beyond industry standards.

India Powers On; First Solar Connects 130MW Utility-Scale Solar Power To Grid Read More »

Solar Frontier Powers Device To Recycle Waste And Support Tourism In Bolivia

Americas, Biomass, Carbon, Head Lines, Solar

Solar Frontier has announced that it has provided the solar panels for a solar energy system to Projecto YOSI, an organization working to keep Bolivia’s Salar de Uyuni, the world’s largest salt flats, clean and promote sustainable tourism in the region. Projecto YOSI will use the solar energy system, consisting of 40 solar panels, to power a device to recycle plastic waste into petrol, whilst also helping to address the growing problem of litter in the area. Furthermore, it’s doing so working with the local community.

Solar Frontier Powers Device To Recycle Waste And Support Tourism In Bolivia Read More »

U.S Department Of Energy $7m Project Funding For Fuel and Engine Technologies

Americas, Biomass, Carbon, Policy, Technology

The U.S Department of Energy (DOE) has announced up to $7 million in project funding to accelerate the introduction of affordable, scalable, and sustainable high-performance fuels for use in high-efficiency, low-emission engines as part of the Co-Optimization of Fuels and Engines (Co-Optima) initiative.

U.S Department Of Energy $7m Project Funding For Fuel and Engine Technologies Read More »

New $1Bn Wind Project: Part Of Alliant Energy’s Vision For Clean Energy In Iowa

Americas, Deals & Finance, Energy, Head Lines, Wind

Iowans will soon see a significant increase in clean, economical wind generation from Alliant Energy. Alliant Energy CEO Patricia Kampling and Gov. Terry Branstad announced the utility will invest approximately $1 billion to expand its wind energy operations in the state. In the 25 year period to 2030, Alliant Energy is targeting a 40% reduction in carbon dioxide emissions. In addition, the project will generate tens of millions of dollars in property taxes, and result in more than 1,500 jobs at the height of construction, boosting Iowa’s economy while supporting customers seeking to use more renewable energy.

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