Head Lines

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.

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

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.

Belgium’s Largest Offshore Wind Park Selects Wind Turbines From Vestas Read More »

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 »

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 »

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 »

Progress On Groundbreaking Energy Bill: Creating Jobs And Advancing Clean Energy

Americas, Efficiency, Energy, Head Lines

United States: Exelon Generation and ComEd have commended the House Energy Committee’s passage of a streamlined version of the Future Energy Jobs Bill that will maintain Illinois’ competitive electric rates, whilst preserving and creating thousands of jobs and expanding clean energy. The 10 to 1 vote from the Committee approves the measure. The legislation jumpstarts clean energy development by expanding aid and job training to low-income residents and supporting high-paying jobs. The bill has broad support from more than 200 business, labour, environmental and other groups.

Progress On Groundbreaking Energy Bill: Creating Jobs And Advancing Clean Energy Read More »

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.

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

Vattenfall Wins 600MW Offshore Project For The Largest Wind Farm In The Nordics

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

Vattenfall has won the tender to build Kriegers Flak, a 600 MW offshore wind farm in the Baltic Sea. The winning bid was €49.9 per MW, which is among the lowest costs in the world for offshore wind power. It will be Denmark’s largest offshore wind farm; supplying 23% of all households in Denmark, 600,000 in total, with clean energy. Vattenfall’s investment will be €1.1–1.3Bn, pending a final decision. Kriegers Flak is part of Denmark’s 2012 agreement to become a green and resource efficient economy entirely independent of fossil fuels by 2050.

Vattenfall Wins 600MW Offshore Project For The Largest Wind Farm In The Nordics Read More »

NextEra Energy And TVA Commission 75MW Solar Energy Project. Largest In Alabama

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

The Tennessee Valley Authority (TVA) and NextEra Energy Resources have joined local leaders to celebrate the commissioning of Alabama’s largest solar energy project. The River Bend Solar Energy Center features more than 300,000 solar panels with trackers that follow the sun from east to west each day to maximise energy production. Together, they generate 75MW, or enough to power more than 15,000 homes. The energy will serve TVA consumers starting this year, under a 20-year power purchase agreement.

NextEra Energy And TVA Commission 75MW Solar Energy Project. Largest In Alabama Read More »

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