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Germans buy into mega-wind farm plan
A 50 per cent stake in what will be the world’s largest offshore wind farm has been bought by German utility giant RWE. The deal, worth £308m, was brokered between RWE and Scottish and Southern Energy for the Greater Gabbard wind farm, 15 miles off the Suffolk coast. Under the terms of the deal SSE… Read more »
Barack ‘bounce’ sends green energy stocks skyward
The bounce that the election of Barack Obama has brought to America was reflected in a soar in the price of green energy stocks. Solar Integrated Technologies rose by 30 per cent the day after the election, following increases of 22 per cent by Renewable Energy Corporation and 16 per cent by the wind turbine… Read more »
Curbing emissions will be ‘difficult’, say Chinese
The Chinese government has warned of the difficulty of curbing growing greenhouse gas emissions in the foreseeable future. Beijing has said it wants to combat climate change yet ensure China’s economic take-off is unimpeded, and a recent government white paper on climate change reflects the uneasy fit between those imperatives. {pagebreak} China faces shrinking crops,… Read more »
PES magazine pleased to partner major wind gathering
Power and Energy Solutions (PES) magazine has been named as an official partner for the European Wind Energy Conference in Marseille, France, next year. The event, which will be held in March, is the biggest gathering of wind energy experts and commentators from Europe and beyond and it provides an opportunity to discover the latest… Read more »
Manufacturers put wind in sails of renewables industry
Nine UK manufacturers are ready to blow away the competition to gain new business in wind energy and other fast growing renewable energy sectors. As part of an Envirolink business improvement project funded by the Northwest Regional Development Agency and central government, the companies have energised their own people and performance to compete more effectively… Read more »
Top honours for turbine-drives firm
Power conversion specialists Converteam have taken top honours at an awards ceremony which recognised their work in the wind turbine field. The UK-based company, which makes a leading range of drives, including the MV3000, widely used in the most advanced wind turbines, came first in the World Class Manufacturing category at the Manufacturer 2008 Live… Read more »
Former landfill is used to produce solar energy
German company DEGERenergie has just opened its third solar park on a former landfill site. The new park, in Rexingen, Kreis Freudenstadt, joins established parks in Heiligenfeld and Oberiflingen. Enough power will be generated to cover the energy needs of the entire town. {pagebreak} In total 190 kWp are installed on 1.5 hectares. Fifty four… Read more »
Middle East looks west for wind investment
No strangers to lucrative means of producing energy, the money men of the Middle East are now looking towards the renewables sector for cleaner ways of making a profit. A company based in Abu Dhabi has bought a 20 per cent stake in London Array offshore wind farm, which is set to be one of… Read more »
Glory days of steam are back for Siemens
Industrial giant Siemens Energy is to supply a steam turbine for one of the world’s first commercial solar tower power plants. The Spanish company Sener will build the innovative solar thermal power plant with a capacity of 19 megawatts (MW) at a site near Seville in Andalusia. {pagebreak} For the “Solar Tres” project Siemens will… Read more »
Insurance hike fear for renewable sector
Insurance premiums for renewable energy projects look set to rise by up to 10 per cent over the next two years, as a direct result of the current economic crisis. Specialist renewable energy insurer GCube has announced that it has secured an increased underwriting capacity to cover business up to a value of $800 million… Read more »
More from across PES
High level of bookings for elektrotechnik
New exhibitors announced for the upcoming building, industrial and energy technology show Even now, eight months before the show gets underway, elektrotechnik bookings are high, which augurs well for a promising event in 2025. Exhibitors at the building, industrial and energy technology show will comprise businesses that have been exhibiting for years as well as… Read more »
NextFloat+ Project secures €13m grant from Innovation Fund
The NextFloat+ Project has secured a ‘cornerstone grant’ of €13.4m from the European Commission’s Innovation Fund supporting the industrialisation of floating wind. The pan-European project aims to accelerate the roll out of the next generation of floating wind technology by boosting competitiveness and scalability. Led by a consortium formed by X1 Wind, as project coordinator, alongside Technip Energies and… Read more »
JinkoSolar to Supply Utility Scale Storage to Athens Airport
MUNICH, June 21, 2024 — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced today that it has entered into a Heads of Terms with kIEFER to supply its large scale battery storage, SunTera to Athens International Airport (AIA), hence… Read more »
Blue World completes successful testing of 200 kW maritime fuel cell system to run on green methanol
With a successful test of the first ever 200 kW HT PEM fuel cell system, an important milestone was reached in bringing new technology into play to push forward the decarbonisation of the maritime industry. Aalborg, Denmark, 25 June 2024 – After months of preparation, Blue World Technologies is proud to announce the successful testing… Read more »
Neustark secures $69 million in funding to expand carbon removal solution globally
Growth equity funding round led by Decarbonization Partners, with participation from Blume Equity, to propel neustark’s expansion across Europe, North America, and Asia-Pacific, and support its mission to remove 1 million tons of CO2 in 2030. Existing backers Siemens Financial Services, Verve Ventures, ACE Ventures, and Holcim continue their support, and UBS adds debt financing. The… Read more »
NEW DNV SURVEY HIGHLIGHTS OIL AND GAS SECTOR PARADOX
Industry must balance increasing demand for petroleum products and growing pressure to transition to low-carbon energy sources to reduce emissions A recent DNV survey reveals that 64% of oil and gas industry leaders say that the pace of the energy transition is accelerating, while 68% are optimistic about sector growth despite lingering impacts from the… Read more »
St. John’s Shipbuilding Continues Commitment to Offshore Wind with Third CTV Delivery
Titan Wind Energy announces the investment decision for a Monopile production plant in Cuxhaven-Germany
Ginlong (Solis) Technologies and TÜV Rheinland Announce Strategic Partnership to Advance Clean Energy During Intersolar 2024
ntersolar 2024: SolarEdge Launches New Powerful Solution for Small-Medium Utility Scale and Dual-Use Solar Segment in Germany
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