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48 MW Scottish Offshore Wind Project Fully Installed

The 48MW Kincardine Offshore Wind project, touted as the worlds largest installed floating offshore wind farm, has been fully installed now. It is expected to generate enough electricity to power approximately 55,000 Scottish households. Last year, Scotland narrowly missed a target to generate the equivalent of 100% of its electricity demand from renewables. The figure []

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After Reliance, IOC, NTPC, now GAIL to Foray into Hydrogen

State-owned natural gas corporation GAIL plans to foray into hydrogen and ethanol production, as well as expanding its presence in the petrochemicals segment. Hydrogen is a clean fuel that, when consumed in a fuel cell, produces only water. Many countries are venturing into hydrogen production from a variety of domestic resources, such as natural gas, nuclear []

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Norwegian Company gets 957,000 Grant for Mobile Offshore Wind Units

Norwegian offshore drilling contractor Odfjell Oceanwind has been awarded a NOK 10 million (EUR 957,000) pre-project grant from Enova, Norways fund for climate and energy technologies, for maturing its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for electrification of oil and gas installations. The grant is awarded under Enovas full scale innovative []

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India Added 601 MW C&I RE Generation Capacity in Q1 2021: Report

BRIDGE TO INDIA has launched a new quarterly report titled India Corporate Renewable Brief, which provides a detailed regular update on key trends and developments in the rapidly growing C&I renewable market. The study includes details of capacity addition, key players, policy developments, equipment prices, financing deals and other market trends. The first edition of this report []

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Italian Oil Major Eni Acquires Big RE Portfolio in France and Spain

Italian oil and gas company Eni has acquired renewable energy portfolios in Spain and France through two separate deals: the acquisition of 9 RE projects totalling 1.2 GW capacity from Azora Capital in Spain; and the acquisition of the Dhamma Energy Group, whose solar projects at various stages of development in France and Spain have a cumulative capacity []

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bp & EnBW make £10 bn Joint Bid for Scottish Offshore Wind Projects

Oil giant bp and Germany-based EnBW have submitted a joint bid, representing a a potential £10 billion investment, for Scottish offshore wind acreage which could support wind projects with 2.9 GW of capacity. The companies have applied for a lease area off the east coast of Scotland for the development of the project. But the bid seeks []

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Maxeon Launches New PV Module, Extends its AC Series

Singapore-based solar company Maxeon has announced the entry of a new product Performance 3 AC solar PV module into its AC portfolio, following the introduction of the Maxeon 5 AC panel in late 2020. AC Energy Solutions combine Maxeons solar panel technology with advanced microinverter technology, offering a customizable solar solution to maximize []

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BlackRock Real Assets Takes Over South Korean Offshore Wind Developer

A New York-based investment management company, BlackRock Real Assets today announced that it has taken over Korea Renewable Energy Development & Operation Holdings Co Ltd (KREDO Holdings). The global investment manager has made it its first-ever investment in the South Korean offshore wind sector with this acquisition. Also, it plans to spend more than USD []

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Wind Farms in Brazils Northeast Hit New Peak Generation Record, Again!

The Brazilian Northeast wind parks generated their peak 11,548 MW at 23:56 local time on July 8, according to data from the National Electric System Operator (ONS). The volume produced by wind parks accounted for 99.2% of the regional need. This is the second time the region has broken its generation record this month. The previous []

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