Europe/Middle East/Africa

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”.

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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.

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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 »

DEWA And Masdar Sign PPA For 800MW 3rd Phase Of Mohammed Bin Rashid Solar Park

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

Dubai Electricity and Water Authority (DEWA) have signed a power purchase agreement with Abu Dubai Future Energy Company (Masdar) for the 800MW third phase of the Mohammed bin Rashid Solar Park. The Mohammed bin Rashid Al Maktoum Solar Park is a major undertaking which will become an international reference point for the renewable energy industry,” said Mohamed Jameel Al Ramahi, CEO of Masdar. The park was launched to diversify the energy mix so clean energy will generate 7% of Dubai’s total power output by 2020, 25% by 2030 and 75% by 2050. “Through the Solar Park, DEWA is making a significant contribution to the UAE’s vision for a green economy. The collaboration between all parties to reach this milestone has been exceptional”, added Al Ramahi.

DEWA And Masdar Sign PPA For 800MW 3rd Phase Of Mohammed Bin Rashid Solar Park Read More »

Nigeria: Northern Governors, GE Sign MOU For 500 MW 5 Solar Power Plants Project

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

General Electric is to build five solar power plants in Nigeria; to be located in Borno, Kebbi, Nassarawa, Niger and Taraba States which each of the plants expected to generate 100 megawatts of electricity totaling 500 megawatts across the 5 States. The electricity is meant to stimulate economic activities and social services in the affected States through boosting agricultural food processing, small scale businesses in addition to supplying electricity to schools and hospitals.

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WindEurope Calls On EU To Increase Ambition On Renewables

Energy, Europe/Middle East/Africa, Policy

WindEurope calls on the European Parliament and EU Member states to build greater ambition on renewables toward 2030. Giles Dickson, CEO of WindEurope, said: “We welcome the Commission’s package on renewables and market design. But there is still a lot of work to do in the Parliament and the Council to ensure renewables investors stick with Europe after 2020. If Europe is going to deliver on its goal to be number one in renewables, the Commission’s proposals have to be further developed. Crucially Member States have to produce meaningful national plans to map out their energy transition. And that means all Member States. Today only 7 out of 28 have clear plans and policies in place for renewables beyond 2020.”

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Abu Dhabi Sustainability Week 2017 And A New Phase Of Growth For Clean Energy

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

Abu Dhabi Sustainability Week (ADSW), will host a world class group of industry leaders to advise on translating the global mandate for renewable energy and clean technologies into concerted policy and business action. This is significant as research indicates developing countries are overtaking the wealthiest economies in attracting clean energy investment. The global profile of ADSW is thus valuable in bringing emerging market opportunities to a wider stage, enabling greater cooperation between developed and developing economies.

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