Tuesday, March 31, 2020

Energy Generation News

Tidal Power Firm gets Funding from Scottish Gov't

For illustration - Image by Atlantis

Tidal energy developer MeyGen Ltd has been awarded a £1.545 million grant from the Scottish Government's Saltire Tidal Energy Challenge Fund.The proceeds will be used to develop a subsea tidal turbine connection hub for the next phase of development of the MeyGen tidal power array…

Ørsted Tops World's Sustainable Companies

Image: Ørsted

The global leader in offshore wind Ørsted becomes the first-ever energy company to top a index.The Denmark-based global power company has outperformed more than 7,300 global companies with billion-dollar revenues to rank #1 in Corporate Knights' 2020 index of the Global 100 most sustainable corporations in the world.Henrik Poulsen…

Engie Buys Renvico's Wind Farm Portfolio in Italy

© kviktor / Adobe Stock

Engie's Italian unit said on Thursday it signed a deal to buy Renvico's wind farm portfolio in Italy from Macquarie-run infrastructure fund MIRA.The portfolio includes eight wind farms in the central and southern regions of Italy, with a total capacity of 142 megawatts."This important operation confirms that Engie Italia is continuin

NJ Governor Doubles Offshore Wind Goal

Governor Phil Murphy, alongside First Lady Tammy Murphy and former Vice President Al Gore, signs an executive order more than doubling New Jersey’s offshore wind goal on November 19, 2019, at Liberty Science Center. (Edwin J. Torres/Governor’s Office)

As New Jersey steps up efforts to eliminate fossil fuels over the next three decades, the state is more than doubling its target for offshore-wind energy production under an executive order signed by Gov. Phil Murphy.The order would increase the goal to 7,500 megawatts by 2035…

ABB to Connect World’s Largest OWF

Image: ABB

Swiss technology company ABB ABB has won a big contract to connect the world’s largest offshore wind farm (OWF) to Britain’s electricity grid.ABB has been selected by energy companies SSE Renewables of the UK and Equinor of Norway to supply its high-voltage direct current…

How to Determine Which Countries Have the Best Energy Policies

© virojt / Adobe Stock

Which countries have the best energy policies? This is an interesting, and rather obvious, question, considering that every country’s energy practices impact the world in one way or another. But it’s one you don’t often hear asked.That is probably because it’s hard to compare countries in any sensible and fair way…

Offshore Wind Cable Market to Reach $3B

Image: ZTT

The global offshore wind cable market is estimated to grow at CAGR above 16% over the forecast time frame 2019 to 2026 and reach the market value around $3 billion by 2026.The demand for offshore wind cables has seen significant development due to the paradigm shift towards…

Drydocks World to Build North Sea Platform

Photo: Drydocks World

Dubai-based Drydocks World has signed a contract with Petrofac and end-client TenneT to build a High Voltage Alternating Current (HVAC) platform in the Netherlands sector of the North Sea.The service provider to the marine, offshore, oil, gas and renewable energy sectors…

DNV GL Supports Asia's Largest Solar Floater

Pic: DNV GL

DNV GL, the international accredited registrar and classification society, said that it has been appointed by PUB, Singapore’s national water agency,  as technical adviser for a 50MW floating photovoltaic (PV) project tender in Singapore.The first-of-its-kind 50 MW project…

KHI Wins AiP from DNV GL for LFPP

Johan Petter Tutturen, Business Director Gas Carriers, DNV GL (right), handed over the AIP to Mr. Yoshinori Mochida, President, KHI Ship & Offshore Structure Company. Photo: DNV GL

The international accredited registrar and classification society DNV GL has awarded the Japanese multinational corporation Kawasaki Heavy Industries (KHI) an Approval in Principle (AIP) for their LNG floating power plant (LFPP).The classification body said in a press…

SENER Names Álvaro Lorente as MD

Alvaro Lorente. Photo: SENER

Spanish engineering and technology group SENER has appointed Alvaro Lorente, former Operations Manager in the energy division as Managing Director.He graduated in Industrial Engineering from the Pontificia Comillas University (ICAI), majoring in Electrical Engineering, and joined SENER in 1991.

Simec Inks Technology Partnership with GE

Pic: Simec Atlantis Energy

Simec Atlantis Energy is set to team up with General Electric (GE) to develop the world's largest tidal stream turbine.According to a press release from Simec, its Atlantis Turbine and Engineering Services (ATES) division will enter into a Technology Partnership and Preferred…

Eni Pilots Wave Energy Converter

Image: Eni a Ravenna

Italian multinational oil and gas company Eni has activated the Inertial Sea Wave Energy Converter (ISWEC), offshore Ravenna, capable of converting energy generated by waves into electricity, which will in the future enable Eni to convert mature offshore platforms into…

Partners Group invests in Greenlink

Marine survey work starts for Greenlink interconnector. Image : MV Franklin ( © MMT Sweden)

Private markets investor Partners Group has provided equity financing for the 500-MW Greenlink interconnector,  the subsea connection between Wales and Ireland in exchange for a stake in the scheme.To-date, Greenlink has been developed by Element Power, an independent renewable energy developer…

Engie to Invest in Green Gas in France

Photo:  Engie

Isabelle Kocher, Engie CEO, announced that EUR 800 million would be mobilized in the next five years to develop green gases, a new French sector of excellence that will create value and jobs in France.François de Rugy, French Minister of State, Minister of the Ecological and Solidarity Transition was present during the announcement.

Denmark-Netherlands Subsea Power Cable Reaches Dutch Coast

Photo: www.cobracable.eu

A subsea power line set to link the networks of Denmark and the Netherlands reached the Dutch coast on Friday as part of plans to share excess electricity from wind farms and other sources.The 325 km (202 mile) long COBRAcable, short for Copenhagen, Brussels and Amsterdam, has a capacity of around 700 megawatts (MW) and is expected t

Ampyx Power, NLR to Join Wind Energy Solutions

Pic: Ampyx Power

The Dutch Topsector Energie-TKI Wind op Zee recently awarded a subsidy to Dutch wind energy technology developer Ampyx Power and the Netherlands Aerospace Centre (NLR).The two organizations are undertaking a joint project aimed at optimizing the design of an aircraft that will be used to generate wind energy at high altitudes.

Rolls-Royce Invests in Qinous

Photo: Rolls-Royce

Rolls-Royce is investing in Berlin-based start-up company Qinous GmbH, a global provider of energy storage and control systems, and adding turnkey microgrids to the portfolio.“As a strategic investor, the aim is to set up a partnership with Qinous for the development of…

Australian States Delay Approving New Energy Policy

© John / Adobe Stock

Australia's states on Friday held off approving a plan to end more than a decade of climate and energy wars and spur investment in new power supply, disappointing industry seeking certainty on energy policy.Prime Minister Malcolm Turnbull is pushing a National Energy Guarantee (NEG) in a bid to bring down electricity prices, which ha

Finland's Fortum Bets on Fledgling Russian Wind Power Market

© Fabian / Adobe Stock

Finnish utility Fortum is hoping to attract financial partners for its new wind and solar projects in Russia, where it aims to capitalise on its decade-long presence in the country to expand in renewables.This approach is similar to moves by Denmark's Orsted , the world's largest owner of offshore wind power sites…