Europe/Middle East/Africa

Energy And Corporate Leaders Declare Wind And Solar Can Power Business In Europe

Energy, Europe/Middle East/Africa, Policy

The private sector accounts for around half of the electricity consumption in Europe. Powering corporate consumers with renewable energy could deliver massive reductions in CO2 emissions, save businesses money and make it easier for people to invest in renewables. Large energy consumers such as chemical and aluminium producers, ICT and food & drink companies gathered recently in Brussels with renewable energy producers to consider how to unlock this potential. The RE-Source 2017 event brought together industry leaders such as Google, Mars, IKEA and Alcoa with energy players EDF Energies Nouvelles, ENEL Green Power, Envision and Vestas with policymakers.

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Uganda Inaugurates Breakthrough Tororo PV Plant. A Future Model For Africa?

Europe/Middle East/Africa, Head Lines, Policy

Production has commenced at the Tororo PV power plant; which, with 16 GWh of renewable energy generated annually, will cater for the energy requirements of 35,838 people and help reduce CO2 emissions by 7,200 tons. Overall, $19.6 million was invested to build the 10 MWp plant, with the engagement of several major organisations including KfW and FMO Development Banks, the World Bank and the EU. Attilio Pacifici, EU Ambassador said, “One of the key objectives of this plan is to encourage private sector participation in higher risk investments and we’re happy to demonstrate that Uganda is well positioned to be successful and a good model for replication.”

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EDF Completes Blythe Installation Of Potent New Turbines, Powering 34,000 Homes

Europe/Middle East/Africa, Technology, Wind

The Blyth Offshore Demonstrator project will produce enough low-carbon electricity to power approximately 34,000 UK households, using 8.0MW wind turbines with a power mode uprating them to 8.3MW. It will save around 57,600 tonnes of CO2 emissions each year and is the first offshore wind project to connect using 66kv rated cables. It’s also the first time that a “float and submerge” gravity-based foundation (GBF) has been used for offshore wind turbines. Each GBF is made up of more than 1,800m3 of concrete and weighs over 15,000 tonnes when fully installed on the seabed, and the structures have a total height of around 60 metres from the base to the access platform.

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Amarenco Consolidates In France; Acquires Clean Energy Developer Groupe Carré

Deals & Finance, Europe/Middle East/Africa

Amarenco, an independent power producer based in Ireland, has announced its acquisition of Groupe Carré, one of the leading renewable energy project developers active in France. The acquisition of Groupe Carré, a company with a long track-record of project development, construction and O&M in France, strengthens Amarenco’s position in France’s promising wind and solar energy markets. It also supports the strategic objectives of the company in France, where over the last few years, it has invested over 300 million euros to build its renewable energy asset portfolio in the country.

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Wind Energy Has The Potential To Provide 30% Of Europe’s Power By 2030

Europe/Middle East/Africa, Head Lines, Hydro, Policy, Wind

Wind energy has the potential to provide up to 30% of Europe’s power by 2030 according to reports by WindEurope. These state that Europe is on course for an average installation rate of 12.6 GW per year in the years up to 2020, taking it to a total of 204 GW by 2020. By this date wind would be Europe’s largest renewable energy source, surpassing hydro and providing 16.5% of it’s electricity demand. The growth is concentrated in six countries, with Eastern Europe, a platform for growth beyond 2020.

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DEWA Awards World’s Largest CSP Project To ACWA, Shanghai Elec. Led Consortium

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

Dubai Electricity and Water Authority (DEWA) has awarded the 700MW AED14.2 billion-fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park to a consortium comprising Saudi Arabia’s ACWA Power and China’s Shanghai Electric. This is the largest single-site Concentrated Solar Power (CSP) project in the world and will have the world’s tallest solar tower, measuring 260 metres. The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park in the world and will generate 1,000MW by 2020 and 5,000MW by 2030.

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Nordex To Surpass 2GW Threshold On Wind Turbines Installations In UK And Ireland

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

After installing and commissioning a total of 862 turbines in the UK and Ireland, the Nordex Group has now reached the 2 GW milestone of installed capacity in these two countries. At typical capacity factors, this represents enough power for 1.3 million homes, resulting in a market share of installed turbines of around 20% in the Republic of Ireland and around 10% in the UK. The Group has installed more than 21 GW of wind energy capacity in over 25 markets and in 2016 generated revenues of EUR 3.4 billion.

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IKEA, Solarcentury Revolutionise Home Energy Market With Solar Battery Storage

Efficiency, Europe/Middle East/Africa

Home furnishings expert IKEA has teamed up with leading solar firm Solarcentury to launch a new Solar Battery Storage solution to help homeowners make huge savings on their electricity bills by using more of the electricity that’s generated by solar panels. In addition, the battery storage system also increases the rate at which users can reap the benefits from their solar investment. With prices for Solar Panel and Battery Storage from IKEA and Solarcentury starting from as little as £3000, the new solutions can provide savings of up to £560 a year. Following Government plans to invest £246m in battery technology, saving consumers £40bn by 2050, battery storage is set to revolutionise the UK and international energy markets.

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Methanol ‘Green’ Fuel Cell Has Potential To Transform Large Scale Transport

Efficiency, Europe/Middle East/Africa, Technology

Earlier this week, the MS innogy commenced operations for green tours on the beautiful Lake Baldeneysee. The passenger vessel, is the first in Germany to be powered by methanol fuel cells, is a part of innogy’s “greenfuel” project where they demonstrate the entire value chain of environmentally friendly methanol, from a green production of methanol using CO2 from the surrounding air, green electricity, and water, to the use of methanol as a fuel in the excursion vessel and in cars, ships, and aircraft. The demonstration took place in Essen – this year’s “Green Capital of Europe” and went hand in hand with the ambitious transition the city is undergoing in reinventing itself as a “Green City”.

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Offshore Wind Prices Drop By 50% In 5 Years. Now Cheaper Than Nuclear And Gas

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

Offshore wind continues to highlight UK market leadership. During the last decade; government support and innovation combined with increases in turbine efficiency and sizes have resulted in the UK heading the global ‘installed capacity’ charts. Figures just published show that offshore wind is now the lowest cost option for large-scale, low-carbon power. Advances in turbine technology have contributed significantly to recent reductions in costs per megawatt hour. Huge blades, with a single rotation, now can generate enough energy to power a home for 24 hours. Impressively, by the mid-2020s turbine, capacities are set to double again.

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