Deutsche ReGas Receives EU Funding for Baltic Sea Coast Hydrogen Project
Deutsche ReGas on Wednesday said it will receive 112 million euros ($126.97 million) worth of public grants from the European Union's Hydrogen Bank for a renewable hydrogen project at Lubmin on Germany's Baltic Sea coast.The grant comes under EU funding schemes to promote electrolysis processes that use carbon-free electricity to kick-start a local economy producing hydrogen as an alternative to fossil fuels.ReGas said the hydrogen production at Lubmin, for which the funding will be spread over 10 years, can cut 1.6 million metric tons of carbon dioxide.The EU subsidy is designed to help to close p
Equinor, Polenergia Agree on Polish Offshore Wind Project
Norway's Equinor and Poland's Polenergia made a final investment decision for the project to build two wind farms off the Polish coast of the Baltic Sea, the Warsaw-based company said on Monday.The two farms, each with a generation capacity of 720 megawatts are set to cost a total of about 6.4 billion euros ($7.20 billion) and start generating power in 2027 and be completed in 2028.Investors, including PGE, Orlen, Equinor and Orsted are developing 6 gigawatts (GW) of offshore capacity along the Polish coast set to come online by 2030 and auctions for projects in the second round are planned for 202
Steelwind Monopile Foundations for Parkwind's Baltic Sea Wind Farm
German construction company Steelwind will build monopile foundations for Parkwind's the Arcadis Ost 1 offshore wind farm in the Baltic Sea, offshore Germany.Under the contract, signed earlier this month, Steelwind will deliver 27 WTG and one OSS next-generation XXL-Monopile units.Arcadis Ost 1 Project Manager, Clément Helbig de Balzac from Parkwind commented: “We believe the signature of this agreement sends a strong positive message during a difficult COVID-19 context. The impact…
