Saturday, July 20, 2019

Masdar News

Danska Commodities Inks PPA with Hywind Scotland

The Hywind Scotland floating wind farm. (Photo: Øyvind Gravås / Woldcam - Statoil ASA)

Danish energy trading company Danske Commodities signed a 20-year Power Purchase Agreement (PPA) with the world’s first floating wind farm, Hywind Scotland.Hywind Scotland, the world's first commercial-scale floating wind farm, was officially opened in October 2017.

Masdar Buys Stakes in US Wind Farms

© Nando Lardi / Adobe Stock

Abu Dhabi Future Energy Company (Masdar) said on Tuesday it was acquiring John Laing Group's stakes in two wind farms in the United States, its first North American renewable energy investment.Masdar said it was buying stakes in the Rocksprings wind farm in Texas and the Sterling

Dudgeon Offshore Wind Bags $1.77B Refinancing

Image: Dudgeon

One of the world’s largest offshore wind projects, the 402-megawatt (MW) Dudgeon offshore wind farm in the U.K., announced the signing and pricing of privately placed notes for the refinancing of the project’s existing non-recourse project debt…

Ofgem Grants Offshore Wind Licence to Dudgeon OFTO

Image: Ørsted

The government regulator for gas and electricity markets in Great Britain Office of Gas and Electricity Markets (Ofgem) has granted TC Dudgeon OFTO plc a licence for the link to the Dudgeon offshore wind farm.The licence allows…

Oil Major Eni Pulls Out of Race for RTR Solar Assets in Italy

© Zsolnai Gergely / Photo: Adobe Stock

Italian oil major Eni has pulled out of a race to buy Terra Firma's solar power assets in Italy, a company spokesman told Reuters on Tuesday.The British private equity firm is looking to sell its Rete Rinnovabile, known as RTR…

Equinor Installs World’s First Battery for Offshore Wind

Photo: Equinor

With Batwind in operation, it will for the first time be possible to store energy produced from an offshore wind farm.The battery storage solution was presented in Peterhead, Scotland today by Batwind partners Equinor and Masdar.

World’s First Floating Wind Farm Starts Production

The Hywind Scotland floating wind farm. (Photo: Øyvind Gravås / Woldcam - Statoil ASA)

The world's first offshore floating wind farm has started to deliver electricity to the Scottish grid, providing power to approximately 20,000 households. The 30MW Hywind Scotland wind farm, operated by Statoil in partnership…

Final Turbine Installed at Dudgeon Wind Farm

The 67 turbines on the Dudgeon field can provide 410,000 U.K. homes with electricity. (Photos: Ole Jørgen Bratland)

This week saw the last of the 67 wind turbines being installed on the Dudgeon field and all of them are now producing electricity. During October, the wind farm will provide 410,000 homes in England with electricity. Thirty-two…

Mech-Tool Delivers for Dudgeon Offshore Wind Farm Contract

Middlesbrough Facility (Photo: Mech-Tool Engineering)

A Teesside based product manufacturer and global supplier of fire, blast and radiant heat protection systems has delivered a contract for Statoil’s £1.5 billion ($1.9bln) Dudgeon Offshore Wind Farm project. Located 20 miles off the coast of the seaside town of Cromer…

Saudi Arabia Shortlists Companies for Solar, Wind Projects

© Kenny Tong / Adobe Stock

Top oil exporter Saudi Arabia has shortlisted companies for its solar and wind power projects, as part of the first round of its renewable energy initiative, the energy ministry said on Monday. France's EDF Energies Nouvelles…

Electricity from Dudgeon Offshore Wind Farm Starts

Sea Challenger from A2Sea installing turbines at Dudgeon Offshore Wind Farm. (Photo Roar LindefjeldWoldcam - Statoil)

Up to 6,000 homes in UK are now receiving electricity from the first producing wind turbine on Dudgeon Offshore Wind Farm. When fully operational later in 2017 the offshore wind farm will provide electricity to over 400,000 homes.

Statoil Introduces Partner in Hywind Scotland

Photo courtesy of Statoil

Statoil has agreed to divest 25% of its assets in Hywind Scotland pilot park, the world’s first floating wind farm, to Masdar. The wind farm offshore Peterhead in Aberdeenshire, Scotland will power approximately 20,000 households when in production from late 2017.

Atlantic Council holds Global Energy Summit

HE Barkindo and OPEC Ministers at the Forum Photo OPEC

OPEC Secretary General, HE Mohammad Sanusi Barkindo, this week attended a new flagship initiative - the Global Energy Forum in Abu Dhabi - organized by the Atlantic Council, in partnership with the Ministry of Energy of the United Arab Emirates (UAE)…

Abu Dhabi Solar Project Attracts Cost-effective Bids

Abu Dhabi has received six bids to build a 350 megawatt solar plant in the emirate, one of which was cited by the Abu Dhabi Water & Electricity Authority (ADWEA) as equating to the lowest cost for solar power generation by a commercial project.

Financing for Dudgeon Wind Farm

Photo Courtesy Dudgeon Offshore Wind Farm

London, UK, May 12, 2016: The developers of one of the world's largest offshore wind farms announced the limited recourse financing for the project today, having reached financial close in six months. The GBP1.3 billion long…

MetOcean System Ordered for Dudgeon Wind Farm

Photo: Miros

Miros, a supplier of weather and wave monitoring products and oil spill detection systems for the global offshore energy market, has been awarded a contract for delivery of a MetOcean system to the Dudgeon offshore windfarm project.

IFC Plans $2 bln Investment in Egyptian Infrastructure, Power

The World Bank's development arm plans to invest between $1.2 billion and $2 billion in Egypt over the next four years, including around the Suez Canal, its regional director told Reuters. The International Finance Corporation is looking at ports and logistics projects…

Masdar Buys Stake in British Offshore Wind Project

United Arab Emirates' renewable energy company Masdar has acquired a 35 percent stake in a 1.5 billion pound ($2.5 billion) offshore wind project in eastern England, the company said on Wednesday, expanding its presence in Britain.

Slew of Spanish Lawsuits Filed over Renewable Energy Reforms

Spain's Supreme Court has accepted at least 125 lawsuits so far this month from firms and individuals fighting energy reforms, official data showed, after the government changed the rules on investments in renewable projects and cut subsidies.

Offshore Renewables Central to All

Ed Davey

Offshore wind, wave and tidal all play key roles in next week’s All-Energy 2014 (Aberdeen Exhibition and Conference Center - AECC, May 21-22). Nearly 11 hours of conference time at the U.K.’s renewable energy exhibition and conference…