News

Largest PPA in Baltics

Estonia/Denmark – Estonian Eesti Energia has signed a power purchase agreement with Danish European Energy for 3.8 TWh over 10 years starting in 2023. Power

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New green hydrogen generation facility

United States – McDermott International and New Energy Development Company have completed engineering for two transformative 50-megawatt energy projects. Each modular, expandable hydrogen facility will

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Nuclear plants could produce hydrogen

United Kingdom – Aberdeen International’s recent acquired, AES-100, is researching the potential of hydrogen production from nuclear reactors. AES-100 is investigating whether hydrogen production could,

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solar

Falck buys Spanish solar plant

Spain – Falck Renewables has signed a Share Purchase Agreement (SPA) with Caicos Directorship, a company owned by Fund IV, managed by Everwood Capital SGEIC, for the acquisition of 100% of the share capital of Desafio Solar SLU, which operates an active solar plant in Spain.

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Equinor

Equinor decommissioning three platforms

Norway – Equinor has selected Heerema Marine Contractors Nederland SE to remove, dismantle, and recycle the topsides and jackets of the Heimdal riser platform, Heimdal main platform, and Veslefrikk A platform in the North Sea.

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Nordex

More wind energy for Italy

Germany/Italy – The Nordex Group has received another order from Italy. The company is providing ten N131/3600 turbines for a 35 MW wind farm in the southern Italian province of Basilicata. The order also requires a two-year support plan for the turbines.

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carbon capture

HeidelbergCement pioneers new carbon capture technology

Germany/USA – HeidelbergCement’s U.S. subsidiary Lehigh Hanson and Silicon Valley-based materials technology firm Fortera have announced an agreement to introduce a new method of carbon capture and utilization (CCU) technology at Lehigh’s Redding California Cement plant, with an estimated 60% reduction of CO2 emissions per ton of output.

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Oil discovered in Barents Sea

Norway/Russia – Equinor and its partners, Vår Energi and Petoro, have discovered oil in exploration well 7220/7-4 under development license 532 in the Barents Sea.

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Siemens Gamesa delivers 30 turbines to Spanish wind farms

Spain – Siemens Gamesa has signed one of Spain’s biggest capacity contracts. A 150 MW agreement has been reached with Elawan Energy to deliver 30 model SG 5.0-145 turbines, which are one of the most efficient inland wind turbines in the company and are increasingly grounded in the region.

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wind

ACCIONA signs VPPA with Brembo in Poland

Poland – ACCIONA has signed a five-year Virtual Power Purchase Agreement (VPPA) with the multinational automotive maker Brembo to partly compensate for the energy needs of its manufacturing plants in Poland and to contribute to the development of Brembo’s decarbonization and sustainability programs.

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ccus

UN report calls for scaling-up CCUS

Worldwide – The net zero emission goal is critical for limiting global warming, as illustrated in the Paris Agreement on Climate Change, and the technology brief calls for a gradual increase in carbon capture, use and storage (CCUS).

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circular

BP and SABIC to drive circular economy

Germany – British oil and gas firm bp and Saudi Arabian chemical producer SABIC have signed a new deal to work together to drive the circular economy in the petrochemical industry of the Gelsenkirchen chemical complex.

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hydrogen

SolarPower Europe introducing Renewable Hydrogen Workstream

Belgium – As the most cost-effective and scalable source of electricity, solar energy is a vital ally in making Europe the world leader in renewable hydrogen. SolarPower Europe is introducing a new workstream on Renewable Hydrogen to further understand the prospects and threats facing the solar industry.

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LNG

Bio-LNG for Greenhouse Gas reduction

New research by SEA-LNG, the alliance to accelerate LNG as a marine fuel, has estimated that with every 10% of bio-LNG dropped in and blended with LNG as a marine fuel, a vessel will obtain two additional years of compliance with the Annual Efficiency Ratio (AER) curve used to obtain preferred funding under the Poseidon Principles.

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ammonia-Illustration

CIP to build Europe’s largest green ammonia facility

Denmark – CIP has announced proposals for the development of the largest CO2-free green ammonia production facility in Europe. The plant will be based in the town of Esbjerg on the west coast of Denmark, where the Power-to-X facility will transform power from offshore wind turbines to green ammonia.

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