G8 developing 65 MW floating solar at hydro project in West Africa

Singapore-based G8 Subsea has been awarded an agreement by a power authority in West Africa to install a full turnkey 65 MW system floating solar system at a hydro project, according to a press release.

The name of the hydro project and the name of the company for which the solar project is being developed were not disclosed. Other news sources have reported it is the Bui hydro facility owned by Bui Power Authority Ghana. The plant has a capacity of 400 MW and is located on the Black Volta River. Continue reading “G8 developing 65 MW floating solar at hydro project in West Africa”

Brazil Forecasts Blockbuster Year for Global Investment Attraction, Trade in 2022

Closing Out a Successful and Impactful 2021, Brazil Looks Forward to Increasing Foreign Direct Investment (FDI) This Year Across Real Estate, Infrastructure, Stone and Startup Sectors, Among Others.

BRASILIA, Brazil, Jan. 26, 2022 /PRNewswire/ — On the heels of Brazil’s strong investment performance in 2021, Apex-Brasil has projected an even more significant increase in 2022 due to the country’s robust foreign investment attraction and trade promotion efforts. In the coming year, foreign investors will have the opportunity to bid in 139 Brazilian auctions – a 144% increase from the 57 public auctions held in 2021 – in sectors such as transportation, mining, energy and more. According to the projections of the federal government and Apex-Brasil, Brazil’s 2022 portfolio of auctions and concessions will be the largest from any one country in the world, generating an estimated USD $74.4 billion. Continue reading “Brazil Forecasts Blockbuster Year for Global Investment Attraction, Trade in 2022”

IEA praises Canada clean energy transition efforts

Canada’s electricity system is amongst the cleanest in the world, thanks to hydro and nuclear power, a policy review by the International Energy Agency (IEA) has found. Launching the report on 13 January, IEA Executive Director Fatih Birol praised Canada’s leadership in the development of small modular reactors (SMRs) and expressed the agency’s support for the Canadian government’s “ambitious” clean energy transition.

The IEA regularly conducts in-depth peer reviews of its member countries’ energy policies, a process the agency says supports energy policy development and encourages the exchange of international best practices and experiences. Canada 2022: Energy Policy Review was drafted following a virtual in-depth review which took place in February 2021, when the IEA’s team met with Canadian government officials, energy companies, interest groups, research institutions, and other organisations and stakeholders, with information on subsequent policy developments gathered from government and private sector sources. Continue reading “IEA praises Canada clean energy transition efforts”

SJVN upscales power generation capacity target to 50,000 MW by 2040

State-run power producer SJVN Ltd on Wednesday announced that it has doubled its target of installed electricity generation capacity to 50,000 MW by 2040. Nand Lal Sharma, the Chairman & Managing Director of SJVN, in a statement said that SJVN has upgraded its Shared Vision to 5,000MW by 2023, 25,000 MW by 2030 & 50,000 MW by 2040.

According to the statement this revision has resulted from addition of multiple projects in its portfolio and an already established repute of successfully operating & implementing Mega Hydro Projects in India & abroad.

After hydro, the company has successfully added varied business verticals and forayed into thermal, solar, wind power generation, power transmission and power trading.

Continue reading “SJVN upscales power generation capacity target to 50,000 MW by 2040”

Plans for ‘world’s first carbon-negative green hydrogen project’ unveiled in US

carbon-negativeLos Angeles, California-based start-up Mote will convert wood waste into H2 and capture and store the CO2 — but it might not be the first to do so.

A US start-up says it will produce carbon-negative green hydrogen from wood waste at a plant in Bakersfield, California, as soon as 2024.

By utilising biomass that has absorbed carbon dioxide from the atmosphere as it grew, and then capturing and storing that CO2, the process actually removes carbon from the air.

Mote says it uses “proprietary integration of proven equipment in a novel process”. Continue reading “Plans for ‘world’s first carbon-negative green hydrogen project’ unveiled in US”

More than 80% of energy companies are investing in hydrogen or considering entering the market

HydrogenPoll of energy industry ‘decision-makers’ — from oil & gas, power and renewables and investment firms — also questioned respondents on their concerns about the H2 sector. A survey of 170 energy industry “decision-makers” — including those in oil & gas, power and renewables, and investment firms — has found that 81% are investing in hydrogen, planning to enter the market, or considering doing so.

According to US/UK law firm Womble Bond Dickinson’s 2022 Energy Transition Outlook Survey Report, 31% of respondents said they were already actively operating, investing in or researching blue or green H2, 29% were considering entering the market in the next one to five years, with 21% planning to move into the sector in the coming year. Only 19% said they were neither active nor currently considering hydrogen investments. Continue reading “More than 80% of energy companies are investing in hydrogen or considering entering the market”

Wind power becomes Spain’s leading energy source for 2021

windfarm spainRenewable sources already cover almost half of the country’s consumption needs – so far this year, they have contributed almost 47% of the total compared to less than 30% a decade ag0

Even if the wind stops blowing in the next three weeks, wind power will end the year as the leading source of electricity in Spain. This will mean wind overtaking nuclear in the national energy matrix for the first time since 2013, the only year since records began in which wind turbines were the main source of power. That year was particularly good in terms of wind resources while nuclear was affected by the closure of the Garoña plant in Burgos. Since then, however, wind power has continued to grow as a percentage of total energy generated both in absolute and relative terms, a trend that looks to continue in the near future.

The milestone, advanced by Spanish news site Nius, is just a taste of things to come. “Wind power is going to dominate the Spanish electricity grid for a long time,” says Francisco Valverde, a consultant at the energy company Menta Energía. Continue reading “Wind power becomes Spain’s leading energy source for 2021”

Renewable electricity growth is accelerating faster than ever worldwide

Renewable electricityRenewable electricity growth is accelerating faster than ever worldwide, supporting the emergence of the new global energy economy 

Stronger policies and raised climate goals leading into COP26 are driving renewables to new records, but faster deployment across all key sectors is needed to reach net zero

The growth of the world’s capacity to generate electricity from solar panels, wind turbines and other renewable technologies is on course to accelerate over the coming years, with 2021 expected to set a fresh all-time record for new installations, the IEA says in a new report

Despite rising costs for key materials used to make solar panels and wind turbines, additions of new renewable power capacity this year are forecast to rise to 290 gigawatts (GW) in 2021, surpassing the previous all-time high set last year, according to the latest edition of the IEA’s annual Renewables Market Report. Continue reading “Renewable electricity growth is accelerating faster than ever worldwide”

Andalusia committed to triple its renewable capacity in the region

Galán has conveyed his commitment to Andalusia to Juan Manuel Moreno: it will triple its renewable capacity in the region

 

The statements were made during a meeting at COP26 with the President of the Andalusian Regional Government.  Commitment to the energy transition and a cleaner community. This is the message conveyed by the chairman of Iberdrola, Ignacio Galán, to Juan Manuel Moreno, president of the Regional Government of Andalusia, at their meeting this morning during COP26.

Continue reading “Andalusia committed to triple its renewable capacity in the region”

New Siemens Gamesa offshore turbine at massive Norfolk offshore wind projects

siemens gamesa norfolk236 meters & 3.6 GW: Siemens Gamesa & Vattenfall to partner using new Siemens Gamesa offshore turbine at massive Norfolk offshore wind projects

  • Nominated preferred supplier agreement reached for Norfolk offshore wind power projects in UK with Vattenfall
  • Total capacity of 3.6 GW for projects located 47 – 72 km from shore
  • Service agreement included; project expected to use new SG 14-236 DD offshore wind turbine
  • SG 14-236 DD offshore wind turbine can reach 15 MW capacity with Power Boost; is based on existing flagship turbine
  • Swept area increased to 43,500 m2
  • Prototype of 236-meter rotor machine to be installed in 2022; commercially available in 2024

Continue reading “New Siemens Gamesa offshore turbine at massive Norfolk offshore wind projects”