Thursday, June 4, 2020

Clean Energy News

Innogy Shares to be Delisted as E.ON Completes Takeover

llustration only. Image by Peterjohn Chisholm - AdobeStock

Shares in Innogy, once Germany's No.1 energy group by market cap, are expected to be delisted this week, as rival E.ON said it completed a buy-out of minority shareholders as part of a…

French EDF in Offshore Wind JV in China

Illustration only; Image by Kruwt - AdobeStock

French state-controlled power group EDF said on Tuesday it had agreed a joint venture partnership with China Energy Investment Corporation (CEI) to develop offshore wind farms in China.EDF…

IEA: Global Energy Investment to Plunge 20%

IEA' Executive Director Fatih Birol - Credit: IEA

Global energy investment is expected to plunge by around 20% or $400 billion in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency…

Largest Wind Turbines for U.S. Largest Offshore Wind Project

Image Credit: SGRE

Siemens Gamesa Renewable Energy's new wind turbines with up to 15MW capacity have been earmarked for an offshore wind project in the U.S.First, the company on Tuesday morning said it was…

U.S. Tops List of Most Attractive Countries for Renewables Investments. Overtakes China

Illustration only; Image by bphoto - AdobeStock

The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic…

New JV to Explore Floating Wind Farm Development in South Africa

Illustration; Image Credit - Hexicon

Swedish floating windfarm developer Hexicon has teamed up with South African wind developer Genesis Eco-Energy Developments to explore the development of offshore wind in the country.For this purpose…

Reinauer Group Ramps Up for the Business of Offshore Wind

Photo: Courtesy Senesco

The promise of a vibrant U.S. offshore wind business has been long in the making. While questions remain on timing and pace, there is renewed confidence in the offshore wind sector, particularly…

Aker Solutions, Cognite Win $2M Grant for Floating Wind Farm Tech

Image Credit: Aker Solutions

California Energy Commission has awarded Aker Solutions and Cognite a $2 million grant for a project called NextWind Real-Time Condition Monitoring.The project is focused on next-generation…

Saipem Inks Deal with Equinor on Floating Solar Farm Tech

© Tom Wang/AdobeStock

Italy's Saipem has reached an agreement with Norway's Equinor to develop technology to build floating solar power farms close to the coast, the energy contractor said.The agreement is between…

Saipem, Equinor Working on Floating Solar Panels

Credit: Saipem

Italian oilfield services firm Saipem, and Norwegian oil and gas company Equinor are teaming up to develop a floating solar panel park solution for near coastal applications and rough weather…

U.S. Clean Energy Sector Seeks Subsidies to Keep Projects Moving

© Federico Rostagno

Wind and solar energy companies on Thursday called on Congress to pass tax incentives that would help the sector avoid project delays and keep financing flowing amid a pandemic that has…

Financial Close for Taiwanese OWF

Image: Copenhagen Infrastructure Partners

Denmark-based fund management company Copenhagen Infrastructure Partners (CIP) has reached financial close on the 589MW offshore wind project (OWF), Changfang and Xidao project off the coast of Changhua County…

Shell, Qatargas Sign LNG Deal for Kuwait

Image: Qatargas

The world’s largest liquefied natural gas (LNG) producer Qatargas has signed a new, long-term LNG sale and purchase agreement (SPA) with Shell to deliver 1 million tons per annum of LNG to Kuwait…

Iberdrola to Build its Next Wind Farm in Spain

Image: Iberdrola

Spanish electric utility company Iberdrola will build its next wind farm in the country at the Herrera Complex, featuring Siemens Gamesa’s SG 4.5-145 wind turbines with a 4.5MW power unit.Wind…

UK Readies Carbon Storage Road-map

Image: Oil and Gas Technology Centre (OGTC)

Heriot-Watt University researchers are to map out the UK’s best sites for carbon capture by studying the geology of depleted gas fields in the North Sea.The team led by Professor John Underhill…

Evergy to Add 660MW Wind Energy

Image: Evergy

US-based utility Evergy has announced plans to add 660MW of wind energy to its portfolio and reduce carbon emissions by 80% below 2005 levels by 2050. The addition will bring the total amount of wind serving Evergy customers to 4…

Ørsted, US Unis to Study Whales in OWP

Image: Ørsted

Danish developer Orsted U.S. Offshore Wind has signed a research partnership  with Rutgers University, the University of Rhode Island and Woods Hole Oceanographic Institution to support…

SGRE Reaches $1.9Bn Green Guarantee Lines

Image: Siemens Gamesa Renewable Energy

Siemens Gamesa Renewable Energy (SGRE) has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion ($1.9Bn) in green guarantee…

Eneco Buys Power from GE Haliade-X 12

Image:  GE Renewable Energy

Dutch energy company Eneco is set to purchase all the electricity generated by GE Renewable Energy's 12MW Haliade-X offshore wind turbine prototype.The announcement was made during a ceremony…

SGRE Raises $1.6Bln in ‘Green’ Credit

Image: Siemens Gamesa Renewable Energy

Siemens Gamesa Renewable Energy (SGRE) has announced that, in less than a year, it has accumulated €1.48 billion ($1.6Bln) in green guarantee lines.The turbine maker has just completed…