December 2016

First Belgian Win For Siemens. 309 MW Offshore Wind Project Powering 300K Homes

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

Siemens has successfully entered the Belgian offshore wind market with a first order for the 309MW Rentel wind project. The customer is Rentel NV, part of the Otary partnership, a conglomerate of leading specialists from the Belgian renewable energy industry including investment and development companies. Siemens will supply, install, commission and service 42 wind turbines of the large direct drive platform. The output of the power plant will be sufficient to supply over 300,000 households in Belgium with clean power.

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DEWA Receives UN Climate Award For Leadership In Emissions Reduction

Energy, Europe/Middle East/Africa, Technology

Dubai Electricity and Water Authority (DEWA) has received the official Certified Emission Reductions (CERs) cancellation certificate issued by United Nations Framework Convention on Climate Change (UNFCCC) for the successful offset of emissions during the Earth Hour 2016, in cooperation with Dubai Carbon Centre of Excellence (DCCE). “DEWA considers carbon emissions reduction an integral part of its environmental strategy. This is in adherence with our directives to reduce carbon emissions and move towards a green economy, and the long-term initiative launched by HH Sheikh Mohammed bin Rashid Al Maktoum ‘Green Economy for Sustainable Development’, said HE Saeed Al Tayer, MD and CEO of DEWA.

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DOE Announces $19.7m to Accelerate Energy-Efficient Transportation and Systems

Americas, Efficiency

The US Energy Department has announced a funding injection of $19.7 million, subject to appropriations, to support research and development of advanced vehicle technologies, including batteries, lightweight materials, and advanced combustion engines, as well as innovative technologies for energy-efficient mobility. It sees these investments in advanced, energy efficient transportation technologies and systems to improve national energy security and to support energy independence, reduce transportation emissions, and strengthen U.S. economic competitiveness.

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New Low Carbon Era Arrives for the UK. Renewables Now Mainstream, Wind Central

Carbon, Europe/Middle East/Africa, Solar, Wind

New Government figures show that the UK has passed the point where we have a low carbon electricity system. For the first time, renewables and nuclear are delivering 50% of our electricity, thanks to continued dramatic growth in renewable generation. Coal use and fuel imports are falling dramatically in response as we balance our economy, increase energy efficiency, cut costs and cut carbon.

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German Energy Report: Electricity Generated From Renewables Continues To Grow

Energy, Europe/Middle East/Africa, Head Lines, Policy

The Bundesnetzagentur and the Bundeskartellamt have published their joint Monitoring Report on the main developments in the German electricity and gas markets in 2015. Key findings are that “the proportion of electricity generated from renewables continues to grow”, said Jochen Homann, Bundesnetzagentur President and that “electricity consumers in Germany continue to benefit from having a large number of suppliers, said Andreas Mundt, President, Bundeskartellamt. Also that “liquid electricity wholesale markets encourage a greater number of competitors in retail markets”.

German Energy Report: Electricity Generated From Renewables Continues To Grow Read More »

Belgium’s Largest Offshore Wind Park Selects Wind Turbines From Vestas

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

MHI Vestas Offshore Wind was awarded the firm & unconditional contract for the 370 MW Norther offshore wind power plant in Belgium. The project is owned by Norther N.V. a JV between Elicio and Boreas (Eneco & Mitsubishi Corporation). and will be developed with the three sponsors Elicio N.V. (50%), Eneco (25%) and Mitsubishi Corporation (25%). Norther is located off the coast of Zeebrugge and is able to produce clean energy for 400,000 Belgian households, contributing significantly to Belgium meeting its target of generating 13% of its energy from renewable sources by 2020.

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DEWA Reaches Financial Closure For 2,400MW Hassyan Clean Coal Power Project

Carbon, Deals & Finance, Energy, Europe/Middle East/Africa, Policy

Dubai Electricity and Water Authority (DEWA) has reached financial closure for the 2,400MW Hassyan clean coal power project. Last June, DEWA signed the PPA, Shareholders Agreement (SHA), and other project agreements with the consortium led by ACWA Power. Total investment of the project is USD 3.4 billion through Hassyan Energy Company, which is a joint-venture between DEWA (51%) and a consortium comprising ACWA Power, Harbin Electric, and the Silk Road Fund (49%). The project consists of four 600MW net power units. They will be operational in March 2020, March 2021, March 2022, and March 2023 respectively.

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AkzoNobel Acquires BASF’s Industrial Coatings Business, Strengthens Position

Carbon, Europe/Middle East/Africa, Head Lines, Technology, Wind

AkzoNobel has finalised the acquisition of BASF’s global industrial coatings business, positioning it as a provider capable of protecting every part of a wind turbine and offering a single source of supply to customers. The agreement includes all relevant technologies, patents and trademarks, as well as two manufacturing plants in the UK and South Africa. Approximately 400 employees from BASF’s industrial coatings business will now join AkzoNobel. The transaction is valued at €475 million, with BASF’s business generating revenue close to €300 million in 2015.

AkzoNobel Acquires BASF’s Industrial Coatings Business, Strengthens Position Read More »

Biofuels Industry Questions EU Commission’s Revised Renewable Energy Directive

Biomass, Carbon, Energy, Europe/Middle East/Africa, Policy

Farmers and Industry leaders have questioned the European Commission proposals for new legislation on clean energy which has significant implications for crop-based biofuels. In turn, the Commission views this introduction of a cap on the contribution of food-based biofuels as a mechanism to minimise the Indirect Land-Use Change (ILUC) impacts.

Biofuels Industry Questions EU Commission’s Revised Renewable Energy Directive Read More »

Kyocera, Mitsubishi, Tokyo Century And Yonden Complete 14.5 MW PV Plant In Japan

Asia Pacific, Deals & Finance, Energy, Head Lines

Takacho Yasudago Mega Solar Hatsuden LLC, an enterprise jointly established in October 2014 by Kyocera Corporation, Mitsubishi Research Institute, Inc., Tokyo Century Corporation and Yonden Engineering Company, has announced the completion of a 14.5 MW solar power plant in Hyogo Prefecture, Japan. The project has significant local community engagement as it seeks to revitalise it and the installation, which began operation on November 2, generates an estimated 16,060 MWh per year — enough to power 5,000 typical households.

Kyocera, Mitsubishi, Tokyo Century And Yonden Complete 14.5 MW PV Plant In Japan Read More »

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