Renewable Energy Developer News

DEME and Greek renewable energy developer and independent power producer FARIA Renewables have signed a cooperation agreement to explore opportunities and co-develop offshore wind farms in Greece. Offshore wind technology is viewed as crucial for achieving global goals towards zero emissions. In support of these goals, the Greek government recently announced the draft ‘National Offshore Wind Farms Development Program’ which is overseen by the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA).

Floating platform developer Gazelle Wind Power has appointed clean energy finance industry expert Álvaro Ortega as Chief Financial Officer (CFO).Ortega is the former Vice President of Finance at Avangrid Inc., a publicly traded company on the NY Stock Exchange and the U.S. subsidiary of global energy leader Iberdrola.“Finding someone with a track record like Álvaro’s is rare. Due to his financial expertise and passion for renewable energy, his joining the team is a home run for Gazelle as we enter an exciting phase in our company’s development,” said Gazelle CEO and Founder Jon Salazar.

ORPC, an marine renewable energy developer whose power systems harness the energy of free-flowing rivers and tides, has signed a contract with Shell Technology – Marine Renewable Program to initiate a Modular RivGen Power System demonstration project in the Lower Mississippi River.The collaborative project represents an opportunity to showcase how the next generation of ORPC’s hydrokinetic technology can provide predictable baseload electricity to help decarbonize onshore assets.

Australia-based Provaris Energy has launched a gaseous hydrogen floating storage concept called H2Leo that has been granted Approval in Principal by ABS.The solution has a design capacity range of 300 to 600 tonnes of hydrogen, expandable to up to 2,000 tonnes and will enable greater flexibility and optimization of Provaris' compressed hydrogen supply chain projects under development in Asia and Europe.The floating storage solution is suitable for various hydrogen supply chains and applications…

Renewable energy developer Vattenfall has selected the port at Great Yarmouth, run by infrastructure specialists Peel Ports, as the preferred location for the operations and maintenance base for the Norfolk Offshore Wind Zone.When completed, Vattenfall’s Norfolk Offshore Wind Zone will be able to power around 4.6 million households.According to Peel Ports around 130 new jobs would be created with staff directly employed for the lifetime of the project which is around 35 years.

Five developers selected to build the first floating wind farms in U.S. federal watersTo support the California Energy Commission’s planning goals of 2-5 GW of offshore wind by 2030 and 25 GW by 2045 as well as a federal target to deploy 15 GW of floating wind by 2035, the Bureau of Ocean Energy Management (BOEM) has concluded the auction date for five 33-year leases offshore California. Exhibit 1 summarizes the outcome of the auction and estimates the potential of the lease areas using BOEMs standard power density formula of 3 MW per square kilometer…

Denmark's offshore wind giant Ørsted A/S has unveiled more than £50k for Science, Technology, Engineering and Maths (STEM) skills across Lancashire and Cumbria.The renewable energy developer says the wave of new finance will be sourced from the Walney Extension Skills Fund.An award of nearly £40,000 goes to STEM Learning Ltd to develop two ENTHUSE Partnership projects in Cumbria and Lancaster. Each Partnership project will bring together eight schools and colleges from within the eligible funding area, to develop a two-year intensive improvement program to raise achievement and aspiration in STEM subjects.Fran Dainty, Head of STEM Expertise…

Private markets investor Partners Group has provided equity financing for the 500-MW Greenlink interconnector,  the subsea connection between Wales and Ireland in exchange for a stake in the scheme.To-date, Greenlink has been developed by Element Power, an independent renewable energy developer, which, together with funds managed by Hudson Sustainable Investments, is the other major shareholder in Greenlink.Greenlink will use a subsea high-voltage direct current (HVDC) cable system to connect the power markets of Ireland and Great Britain, improving the security of electricity supply in both countries and reducing average electricity costs for consumers.

Prysmian Group, world leader in the energy and telecom cable systems industry, announces the successful commissioning of the inter-array cable system for the Wikinger offshore wind farm, located within the West of Adlergrund cluster in the German Baltic Sea.According to a press release, Prysmian secured this project in February 2015 with a contract awarded by Iberdrola, the world-leading renewable energy developer and operator.“This important project marks a further significant milestone for the Group, being one of the first large category offshore wind farms where the Group has been responsible for the full inter-array ‘turnkey’ supply and installation contract…

Naval Air Station, Kingsville, Texas - The Navy released today a memorandum of agreement (MOA), signed by officials from the Department of Defense (DoD), the Department of the Navy and Texas Wind Group (TWG), which outlines a mutual approach to enable a renewable energy developer to build and operate wind turbines at planned locations in Kleberg County, Texas, while reducing the potential for those turbines to affect flight operations at NAS Kingsville. "Sustaining military readiness is the number one priority of everyone in the Navy chain of command," said Capt. Mark McLaughlin, commanding officer of NAS Kingsville. Signing for DoD was David Belote, director of the DoD Energy Siting Clearinghouse.