News Archive November 2023

ELANTAS, a subsidiary of the specialty chemicals group ALTANA AG, today announced the provisional interim results after the expiration of the public tender offer for all publicly held shares of Von Roll Holding AG (SIX: ROL).

Legal form change: From ABO Wind AG to ABO Energy KGaA

A large majority of shareholders followed the proposal of the company.

Clean Path New York is an $11 billion renewable energy project comprising 3,800 MW of wind and solar power from more than 20 new wind and solar generation resources and a new 175-mile, underground and submarine transmission link.

“Statkraft’s Low Emissions Scenario shows that the world can cut emissions mainly by deploying existing competitive clean technologies at scale, such as solar and wind power, grid sustainability, and electric vehicles", Statkraft says.

Nord-Lock now with unique CE-marked lock washers

The milestone of attaining the CE mark reinforces Nord-Lock’s raison d'etre – protecting customer investments and keeping people safe.

Ørsted has announced that it will stop the development of the US offshore wind projects Ocean Wind 1 and 2. However, things are looking good for another planned offshore wind farm.

The U.S. Government has announced its approval of the Coastal Virginia Offshore Wind (CVOW) commercial project – the fifth approval of a commercial-scale, offshore wind energy project under President Biden’s leadership.

ACP welcomes BOEM approval of CVOW project

The 2.6 GW offshore wind project will provide numerous economic benefits to Virginia.

EU: record amount of PPAs signed this year

2023 has set new records in the PPA market with 7.8 GW of renewable capacity secured to date. But there are still barriers that need to be removed.

The network positions itself to shape the development of all sources of ocean-based renewable energy, such as offshore wind, wave, tidal, floating solar, and green hydrogen.

Ukraine: DTEK pushes energy transition despite war

Ukrainian energy company DTEK wants to build the Poltavska Wind Power Plant (WPP) in the Poltava region in central Ukraine.

Tennet starts research project with artificial reefs

TenneT has placed several artificial reefs near the offshore transformer platform Hollandse Kust (west Alpha) in the Dutch North Sea.

DHI, an international water software development and engineering consultancy firm with headquarters in Denmark, will host a test lab build by a consortium of leading Danish players in the offshore sector to test floating wind turbines in the 20-MW class.

Offshore wind strategic alliance launched to offer complete O&M service package

The Offshore Wind O&M Partnership will be a trusted partner for asset owners offering highly coordinated offshore O&M services under one contract.

Offshore wind farms can 'steal' the capacity of other farms by up to 20 percent up to 50 kilometres away. That's why regulation will be needed in the future, says a Norwegian researcher.

So far, raw material-rich Azerbaijan has relied primarily on fossil energy sources such as oil and natural gas. But even the country in the South Caucasus cannot escape the global energy transition. And so, in recent days, major investors from the Arab world have been coming to the country to initiate projects in the field of renewable energies.

The wind farm Dyning has a capacity of 2,5 GW and will be able to deliver 10 TWh annually which can supply more than the entire energy need of the regions Sörmland and Östergötland in Sweden, the joint venture said.

Hellenic Cables signs cable supply contract with Seaway7

Hellenic Cables announces the signing of a contract with Seaway7 for the East Anglia THREE offshore wind farm off the UK coast.

DNV supports project management, deployment and monitoring of Floating Lidar System devices for offshore wind / DNV also uses wind measurements and technical data to predict the wind farm’s net annual energy production / Measurements and findings will influence the investor’s business case and speed up offshore wind deployment in South Korea, contributing to the Green New Deal

Building on its previous expertise using smaller drones in other countries, Ørsted is now trialling the 58kg drones, with a wingspan of 2.6 metres to transport cargo of up to 68kg, in the UK.

US electricity grid to be expanded for clean energy

The U.S. Department of Energy (DOE) has announced up to a $1.3 billion commitment in three transmission lines crossing six states.

New Q3 record for US clean energy installations

The U.S. now has over 243 gigawatts (GW) of operating clean power, a new report by the ACP states.

RUDIS finished installation of its first wind farm in Serbia

The three wind turines will generate from 27 to 29 GWh electricity per year, which suffices to supply 6.000 households.

E2 Executive Director Bob Keefe said: “This is another indication that we’re witnessing one of the biggest and most far-reaching economic revolutions in generations, thanks to the IRA."

The report provides actionable policy recommendations for governments and the private sector on how to increase global renewable energy capacity to at least 11,000 GW.

Stantec to become environmental consultant for Canadian floating wind farm

The 300 to 400 MW Nova East Wind project is proposed to be located approximately 20 to 30km off Goldboro, Nova Scotia.

Työvene has secured an order for three hybrid-ready SWATH CTVs from the Scottish company Maritime Craft Services (Clyde) LTD (MCS). This order marks the entry for Työvene into the rapidly growing offshore wind market.

The document by RenewableUK aims to guide developers and key stakeholders through the business model, which has been criticised for being complex and difficult to understand for new entrants.

"Through this PPA collaboration, we are proud to support Umicore in its production of battery materials for electric vehicles," says Thierry Aelens, CEO at Ignitis Renewables.

Installing a small wind turbine in Sweden

An Antaris 7.5 kW was installed on a 12m high wooden mast in Sweden.

Vestas to supply wind farm in northern Germany

The order consists of seven V150-6.0 MW wind turbines and includes supply, delivery, and commissioning of the turbines.

“Together with Corio Generation, we will be embarking on an ambitious mission to develop offshore wind projects that will not only harness the incredible power of wind but also push the boundaries of innovation and sustainable energy solutions. These projects will not only enhance our energy portfolio but also create economic opportunities and jobs in the communities where we operate," said Globalsat.

RenewableUK Cymru’s Director Jess Hooper said: “Wind power is the backbone of Wales’ net zero ambitions, yet the evidence suggests not enough is being done to nurture the growth of that critical backbone."

MET Green Assets Holding and SwissWinds become strategic partners

Wind energy can become an important pillar of Switzerland’s energy security. That's why the two partners want to develop more wind farms.

AkzoNobel publishes results for Q3 2023

AkzoNobel CEO, Greg Poux-Guillaume, commented: “Our third quarter results show a solid rebound in profit and continued improvement of our margins, despite an adverse currency impact."

Schaeffler publishes Q3 report

Schaeffler AG published its results for the first nine months of 2023.

As wind power has emerged as a fundamental pillar in the combat against the climate crisis, the Wind Power Group is speeding up its innovation, driving the frontier of global renewable energy technology as a key power source to help create a sustainable future.

Qualitas Energy, a global investment and management platform focused on renewable energy, energy transition, and sustainable infrastructure investment, is pleased to announce that its flagship Q-Energy Fund V, with an initial target size of €1.6 billion, was oversubscribed at close to €2.4 billion, over the €2.3 billion hard cap.

Buss Terminal Eemshaven wins port logistics contract for German OWF

Buss Terminal Eemshaven has been named as Marshalling Port for the German offshore wind project He Dreiht by EnBW.

WWEA presents its half-year report for 2023

While in the first half of 2022, 29,8 Gigawatt were added, the world installed 41,2 Gigawatt in the same period of 2023, 38% more than in 2022.

The FEMWORX career congress promises to become one of the most successful networking and discussion events for women in terms of diversity, career advancement, sustainability, and new working environments.

By enhancing asset performance management with SparkCognition’s AI solution, Ørsted will increase energy production, decrease maintenance costs, and improve operational efficiency.

Joint development for integrated energy island solution in Finland

Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership to develop a large-scale integrated renewable energy system on Åland, Finland.

DP Energy Australia prepares for building the 700MW Euston Wind Farm in Australia

DP Energy has now commenced preparation of the Environmental Impact Statement (EIS) as a critical step towards Development Approval (DA).

New wind farm for the Philippines

ACCIONA Energía and Freya Renewables have been awarded development rights for a 160MW wind farm in the Philippines.

During a series of tests in Peterhead Port Authority, energy was transferred via the Oasis Power Buoy (OPB) to a load bank on a Crew Transfer Vessel, through a specially designed deck-head.

Although the wind industry has been booming in Spain for a long time, the country has so far lacked its own offshore wind farms. The government and industry now want this to finally change.

Increased interregional transmissions can save billions of dollars

Consumers are paying billions of dollars a year due to transmission constraints between the Mid-Atlantic and Midwestern grid regions in the U.S.

Aker Solutions has been awarded a limited notice to proceed contract from Vattenfall for the Norfolk Vanguard West Offshore Wind Farm off the coast of Norfolk, UK. The contract has a balanced risk-reward profile based on principles for long-term collaboration.

A new report has revealed that, while the UK has set ambitious decarbonisation goals and its regulatory alignment to reach net zero is to be commended, current policy priorities appear more focused on short-term political imperatives, leading to increased investment uncertainty.

Duke Energy’s DeBary plant is expected to become among the first commercially operational power plants to produce, store, and use green hydrogen for peaking power applications / GE Vernova will support the full-scale integration of the gas turbine with green hydrogen including the upgrade of the existing GE 7E gas turbine installed onsite

IEA: Latin America to play an essential role in the global transition

Latin America and the Caribbean already has one of the cleanest electricity sectors in the world, offering bright prospects for future clean energy industries.

Van Oord to work on offshore wind farms in Poland and Taiwan

Van Oord has been awarded two new offshore wind projects: Baltic Power in the Baltic Sea and Greater Changhua 2b and 4 in Taiwan.

Prysmian: full year 2023 guidance confirmed

The Board of Directors of Prysmian S.p.A. has approved today the Group's consolidated results for the first nine months of 2023.

Vestas annouces Q3 results

In the third quarter of 2023, Vestas generated revenue of EUR 4,353m – an increase of 11.2 percent compared to the year-earlier period.

DNV: Phase 1 of joint industry project finished

DNV has successfully concluded Phase 1 of its joint industry project (JIP) aimed at establishing offshore substation standards for the growing floating wind sector.

James Fisher to work on US South Fork Wind Project

James Fisher’s renewables business is overseeing testing and termination at State of New York’s first offshore wind farm

The West of Orkney Windfarm has submitted an onshore planning application to The Highland Council for onshore works required to deliver renewable energy to homes and businesses across the country.

“There is huge public support for this. Polling shows an overwhelming majority of voters believe that the growth of green industries is important for Britain’s economy, especially among voters who are planning to switch from Conservative to Labour at the next election," RenewableUK's Chief Executive Dan McGrail said.

New research project at Anholt Offshore Wind Farm

Seaweed and mussels as climate-friendly foods

Norway has a rich industrial history and role as a reliable energy producer. This heritage combined with its dedication to speed up the green transition will be beneficial as a Partner Country at HANNOVER MESSE, the world’s leading trade fair for industrial technology.

In a challenging market environment, PNE AG achieved a satisfactory result in the first nine months of 2023. The project pipeline has increased considerably and the expansion of its own generation portfolio is progressing rapidly.

Statkraft presents solid results in Q3

Statkraft signed several long-term power contracts, including a power sales agreement with AstraZeneca in Sweden.

The contract will entail Bureau Veritas providing Quality Control services during the fabrication, manufacture, and installation of all major components.

The MoU opens the door for information and experience sharing between the two signatories on floating offshore wind related port facilities and for the exploration of future business collaboration opportunities.

Unlocking more offshore wind capacity in the UK

The Crown Estate is taking steps to enable the generation of up to an additional 4GW of green electricity from several offshore wind farm projects in development.

More offshore wind energy patents registered

Innovation is crucial to develop new foundations for turbines far off the coast or boost sector coupling.

The British company Octopus Energy Generation has made its first investment in the German offshore wind sector and is thus rapidly expanding its activities in the field of renewable energies in Germany.

"This is a major step forward for Michigan, and we want to recognize Governor Whitmer and the Michigan Legislature for their leadership on these critical energy issues", said the ACP.

RTS donated to the earthquake victims in Turkey

RTS received news from the aid organization that their money had been used to provide children with school supplies and teaching materials.

The 24-hour event will take place in Amsterdam from November 21-22. It's the latest collaborative innovation challenge launched as part of AkzoNobel’s Paint the Future™ program, which aims to develop a shared approach to tackling climate change.

Chaintrix-Bierges and Vélye Wind Farm is SSE Renewables’ first project to enter construction outside of the UK and Ireland and the first from its Southern Europe pipeline acquired last year.

Deep Wind Offshore develops offshore wind projects in Norway, Sweden, and South Korea, while Hy2gen develops and operates facilities for green hydrogen production in several locations in Europe, in addition to the USA and Canada.

Ofgem announces tough new policy to avoid queues

The change is a big step away from the existing ‘first-come, first-served’ system.

Vestas to power the 67 MW Velinga wind project in Sweden

Vattenfall has ordered twelve V150-6.0 MW wind turbines in 5.6 MW operating mode from Danish manufacturer Vestas for its Velinga onshore wind farm.

Nexans has been selected by SSEN Transmission to supply and install the high-voltage cables that will provide a transmission link from Orkney to Dounreay in the Scottish Highlands, enabling an essential project for the renewable energy transition in the UK.

An efficient and fast oil, gas, and coal replacement by renewable electricity, hydrogen, and biofuels is neccessary, furthermore we need to remove 6 gigatons (Gt) of emissions per year between 2050 and 2100 to achieve the 1.5°C goal. T

“We’re proud to be innovating solutions that are helping to tackle some of the shared issues around sustainability and energy conservation that coaters, applicators and our own business are facing,” said the company.

After investing over US$130 billion into the solar industry in 2023, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing capacity from 2023 to 2026, according to Wood Mackenzie.

Ørsted changes executive management

The COO and CFO will leave the company immediately.

The Federal Ministry of Economics, together with the Federal Chancellery and the Federal Ministry of Finance, has decided to grant the ailing Siemens Energy Group a guarantee of 7.5 billion euros.

To drive research and development of smart and sustainable electrification technologies. Global demand for electricity is growing 10 times faster than other energy sources. Addressing this increasing demand in the context of the energy transition, ABB plans to use the EIB funding to design and develop next generation electrical distribution solutions.

Mainstream Renewable Power's focus on the PPA market

Reaches financial close on 97.5 MW solar PV farm with corporate PPAs in South Africa

Eden Renewables measures the wind with ZX Lidars

ZX Measurement Services deploys ZX 300 wind Lidar at Bettyhill Wind Farm in north Scotland.

Siemens Energy on profitable growth and fixing the wind business

Presenting a strategic outlook to analysts and investors

56 MW from Croatia: Nordex Group receives order for N163/6.X turbines

More than 3,000 MW sold worldwide since the launch of the 6 MW turbine type N163/6.X in 2021

Construction started at first offshore wind project in the State of New York

Van Oord’s offshore installation vessel Aeolus successfully installed the first of 12 turbines

In the presence of His Majesty King Willem-Alexander of the Netherlands the 10 Energy Ministers of the North Seas Energy Cooperation (NSEC)** met in The Hague yesterday. They agreed a new NSEC Action Agenda for the build-out of offshore wind. This Agenda aims among other things to help strengthen Europe’s wind energy supply chain. In the same vein NSEC also welcomed the EU Commission’s Wind Power Package and pledged to actively engage in its implementation.

More Offshore Approvemets

The goal: 30 gigawatts of offshore wind energy capacity by 2030

Vestas secures 239 MW order for V163-4.5 MW wind turbines in the USA

Commissioning scheduled for 2025

Qualitas Energy acquires further wind energy projects in Germany

Advancing the energy transition in Rhineland-Palatinate by planning the repowering of a wind farm and a greenfield development

In the run-up to the next World Climate Conference on November 30, there have been several new studies in the last few days dealing with the climate future and the achievement of targets. We have compiled links to the latest studies by Oxfam, DNV, UNEP and the RMI and to a presentation by Tony Seba/RethinkX.

Qualitas Energy is planning new wind farms with a total capacity of 60 MW at the Dalkendorf and Waldow sites, ensuring the supply of environmentally friendly wind energy to more than 40,000 households

WindEurope CEO Giles Dickson attended the Turkish Wind Energy Congress on 7 and 8 November. The Turkish wind industry has big ambitions. The Government wants lots more wind, not least to strengthen Turkey’s energy independence. They need to get their auctions right and keep supporting their supply chain.

The strategic approach to offshore wind will be used to guide future investment as the UK seeks to build up its domestic clean energy supply chain in the face of increasing global competition.

ACP welcomes decisions on two US offshore wind projects

"The benefits derived from these projects moving forward cannot be overstated."

Statkraft acquires Enerfin

Statkraft has reached an agreement for the acquisition of the Spanish renewable energy company Enerfin.

Scottish Futures Trust issues warning against radical market change

Evolution rather than revolution in electricity market arrangements is needed to reach net zero targets.

Demag DH hoist unit relaunch

Demag is expanding its DH hoist portfolio with a relaunch.

AkzoNobel has collaboratively launched an innovative approach to the challenge of carbon reduction in the vehicle repair industry, alongside strategic partners from across the value chain.

“CanREA is pleased to see the Federal Government deliver on its promise of clear timelines, necessary tax measures and financing mechanisms that will help Canada remain competitive as we build the clean-energy projects that will power our economy,” said Vittoria Bellissimo, CanREA’s President and CEO.

ELANTAS, a subsidiary of the specialty chemicals group ALTANA AG, yesterday completed the public tender offer for all publicly held shares of Von Roll Holding AG (SIX: ROL) through the second closing.

UK wins IFM Investors for infrastructure and energy projects

IFM Investors has signed a Memorandum of Understanding with the Government of the UK, announcing its intention to invest £10 billion in the UK by 2027.

Octopus Energy has invested in a 12.5% stake of the Walney Extension offshore wind farm as the company rapidly scales its offshore wind activity to boost energy security in the UK.

PNE signs long-term PPA with Gerresheimer

PNE AG has finalised a long-term power supply contract with the primary packaging manufacturer Gerresheimer for its German sites.

The ETP Special Briefing on the State of Clean Technology Manufacturing by the IEA provides a snapshot of recent progress in clean energy technology manufacturing for five key technologies

GreenGo Energy has filed an application to Ministry of Petroleum, Energy and Mines in Mauritania for the development of Megaton Moon, one of the world’s largest green energy parks.

ENERCON and Finerge sign maintenance contract

ENERCON has signed a new framework agreement with its Portuguese customer Finerge regarding the service and maintenance of Finerge’s fleet of ENERCON turbines in operation.

The new control solution provides complete integration with grid operators to hybrid plants in all markets it serves, providing flexibility to comply to all grid codes.

RWE unveils massive investment plan for energy transition projects

In the years 2024 to 2030, RWE will invest €55 billion net worldwide and expand its green portfolio to more than 65 gigawatts (GW).

New socio-economic research on the potential benefits of planned Irish offshore wind farm Arklow Bank Wind Park 2 estimates an economic benefit to the Irish economy of up to €800m during the project’s lifetime.

?Diverse Marine is pleased to announce the introduction of the Diverse Marine Client Finance Programme, their own finance and lease programme. The programme is designed initially for the financed construction of offshore wind crew transfer vessels.

Iberdrola on spending spree in the UK

At the UK Global Investment Summit in London, Iberdrola provided further details of its investment plans in the UK, focused on electricity networks and renewables.

Osbit to deliver cable repair equipment for N-Sea

The Osbit-supplied equipment consists of a novel dual concentric carousel, a tower with loading arms, and an ergonomic power and control cabin.

Delta Wind Partners’ (DWP) HIPER digital sensor box for floating wind foundations has been chosen as one of the winners of the TetraSpar floating offshore wind demonstrator project’s innovation challenge.

In just a few years, the former 'mucky pup' has become a pioneer in the expansion of renewable energies. This year, China will install a new record number of wind and solar farms - and make Europe and the U.S. look small.

People want a just climate transition - for all countries

A clear majority of all survey respondents believe that measures to combat climate change will improve people’s daily lives.

Ingka Investments, the investments arm of Ingka Group, the largest IKEA retailer, commits to an additional EUR 1 billion for investments in innovation and transitional technologies, bringing its total commitment to the renewable energy sector to EUR 7.5 billion by 2030.??

“The MOG2 project is a great project for Belgium and will be key in improving distribution and efficiency in power consumption from the North Sea’s increasing renewable energy sources,” comments Hugues Delanoue, Managing Director of ABL France.

Ilmatar Energy signs long-term PPA for Finnish onshore wind farm

"Korpilevonmäki is an extremely well-developed wind farm project with a high local acceptance," says Erkka Saario, Vice President, Projects, Ilmatar Energy.

Fugro is pleased to announce it has been engaged by KREDO Offshore for a metocean and wind resource measurement campaign on the west coast of South Korea, offshore Yeonggwang County.

The license grants Ørsted exclusive development rights for its gigawatt-scale Incheon offshore wind project, which is set to become the largest in Korea on completion and will contribute to the country’s goal of being carbon-neutral by 2050.