Press Releases
The UK Government has today (Dec 14) published its Energy White Paper: Powering our net zero future which sets out specific steps the government will take over the next decade to cut carbon emissions, support up to 220,000 British jobs and keep bills affordable as we transition to net-zero by 2050.
Responding, Morag Watson, Director of Policy at Scottish Renewables, said: “Today’s White Paper clearly establishes the Government’s intention to shift the UK from a fossil fuel economy towards one powered by clean, green energy sources; with renewable energy acknowledged as delivering the cheap, low-carbon energy we need to achieve this. “Scotland is already at the forefront of… Read more »
RWE to divest a stake of 51% in four onshore wind farms in Texas to Algonquin
Sell down in four RWE onshore wind facilities in Texas of a stake equivalent to a total capacity of 439 megawatts Agreed purchase price corresponds to an enterprise value for the stake of around USD 600 million RWE will remain operator of all onshore wind farms Essen, 14 December 2020 RWE, one of the world’s leading… Read more »
DNV GL and SSE Renewables celebrate 10-year partnership advancing wind power forecasting capabilities
DNV GL provides wind power forecasting services to SSE Renewables for 16 onshore and offshore wind farms in the UK, totalling 2.8 GW Lessons learnt during the 10-year partnership have helped to increase forecasting accuracy predictions of renewable energy production, helping SSE Renewables to minimize risks and maximize the value of energy traded London, United… Read more »
Apricum appoints energy banking and finance expert Charles Lesser as partner bolstering transaction advisory offering
Apricum, a transaction advisory and strategy consulting firm specialized in renewable energy and cleantech, announces the appointment of Charles Lesser as partner. He will focus on expanding Apricum’s transaction advisory mandates in corporate and project finance, particularly in the energy storage sector in the UK, Europe and global markets. “We see significant opportunities for Apricum… Read more »
Natural Power advises on one of the first subsidy-free wind farms in the UK: Inverclyde Windfarm
Leading renewable energy consultancy and service provider, Natural Power, has provided technical due diligence services to Gresham House Asset Management for its acquisition of the subsidy-free, 24 MW, Inverclyde Windfarm. The project, which has been developed by BayWa r.e., has been sold to Gresham House Renewable Energy LP and James Jones & Sons Ltd for… Read more »
GEV Wind Power keeps the blades turning with second invoice finance deal from Siemens Financial Services (SFS)
Global wind turbine repair and maintenance provider, GEV Wind Power has returned to Siemens Financial Services (SFS) for its invoice finance facility. GEV previously enjoyed an invoice finance facility from SFS prior to its investment by a new equity partner at the start of 2019. Under the new ownership the company was unable to carry… Read more »
Sharp launches new 360W and 370W PV panels for lower LCOE
Two new panels with 120 half-cells for highest yields and elegant roof design Hamburg, 8th December 2020 – Sharp today announces the addition of new 360W and 370W monocrystalline PERC silicon photovoltaic panels to its half-cut cell portfolio – the NU-JC360Band NU-JC370. The new half-cut cell PERC modules use a combination of features to provide… Read more »
ABB synchronous condensers manage smooth grid integration for one of Australia’s largest solar farms
Two ABB synchronous condensers have been installed as an integral part of the Darlington Point Solar Farm. The technology will enhance the stability of the local power grid as the penetration of renewable energy increases in a critical area of New South Wales. ABB synchronous condensers are enabling the new Darlington Point Solar Farm in… Read more »
Jan De Nul acquires Ocean Yield’s Multipurpose Subsea Cable- and Flex-Lay Vessel Connector
Jan De Nul Group further invests in its offshore installation fleet. The Connector is one of the largest and most advanced subsea installation and construction vessels available in the world. The Connector strengthens the Jan De Nul fleet for the future delivery of challenging offshore energy production projects. Jan De Nul Group has signed on… Read more »
RWE chooses Van Oord for foundations and array cables at Sofia Offshore Wind Farm
Final major preferred supplier selected for RWE Renewables’ largest development Van Oord to establish logistics hub in UK’s North East to deliver the work Scope includes 100 turbine foundations and more than 350 kilometres of array cables Swindon, 10 December 2020 RWE, the world’s number two in offshore wind, has advanced the development of Sofia… Read more »