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Corrib gas field operators explore renewable energy options as gas production nears end

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With the Corrib gas field, which began operations in 2016, approaching the end of its productive life, operators Vermilion and Nephin Energy are considering renewable energy alternatives for its future use. The companies commissioned engineering consultancy Worley to assess options for repurposing the offshore infrastructure, located off the west coast of Ireland. The study reviewed around 20 possibilities, focusing on renewable energy sources such as wind, wave, energy storage, hydrogen, and e-fuels. Among the most…

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NamPower partners with Chinese firms to build Namibia’s largest solar plant

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Namibia’s state-owned utility NamPower has partnered with Chinese companies to begin construction of the country’s largest solar power plant, set to add 100 MW to Namibia’s total installed capacity of 500 MW. The N$1.4 billion ($78.3 million) project will reduce the nation’s reliance on electricity imports from Zambia and South Africa. Financed by an 80% loan from German development bank KfW, with NamPower covering the remaining 20%, the project is expected to be operational by…

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RWE begins construction of ultra-fast battery energy storage system in Netherlands

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RWE has started construction of a 7.5 MW ultra-fast battery energy storage system (BESS) at its Moerdijk power plant in the Netherlands. With a storage capacity of 11 MWh, the system aims to enhance grid stability by quickly providing or absorbing electricity within milliseconds. The Moerdijk BESS is a key part of the system integration solutions for OranjeWind, an offshore wind project in collaboration with TotalEnergies. The project will help integrate renewable energy into the…

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Vestas secures 810 MW turbine order for Empire Wind 1

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Danish wind turbine manufacturer Vestas has secured an 810MW order for the Empire Wind 1 project, marking its entry into the US offshore wind market. The company will supply and commission 54 V236-15.0MW turbines as part of the deal with Equinor. The agreement, finalized in March 2024, includes a five-year service contract to ensure optimal performance. The V236-15.0MW turbine, certified in 2023, has become a key part of Vestas’ global portfolio, with over 13GW in…

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EU commits €53.9m to green hydrogen and renewables in Southern Africa

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EU Commissioner for Energy Kadri Simson has approved €53.9 million ($59.9 million) in funding to boost green hydrogen and renewable energy development in southern Africa. Namibia will receive the largest share, €36.9 million, with €50 million pledged to Namibian and South African hydrogen funds. This includes €25 million allocated to the SDG Namibia One fund, which aims to raise €1 billion for the 3GW Hyphen Hydrogen Energy project, expected to cost $10 billion. The European…

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Matrix Energia issues Brazil’s first green bond for battery energy storage

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Brazilian electricity company Matrix Energia has completed the country’s first green debenture issuance worth 100 million Brazilian reais ($17.9 million) to fund the construction of 224 MWh of battery energy storage capacity by 2025. This marks the first green issuance for a battery energy storage system (BESS) in Brazil and the second green issuance for a renewable project by Matrix Energia. Led by Caixa Econômica Federal, the six-year issuance was raised by Matrix Energia’s subsidiary,…

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SMRs central to discussion at the World Nuclear Symposium

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The World Nuclear Association (WNA) welcomed a record 800 delegates to its annual symposium in London, where key topics included nuclear fuel, supply chains, financing, and the role of nuclear energy in global decarbonisation efforts. WNA Director-General Sama Bilbao y Leon noted the increasing interest from decision-makers outside the nuclear sector, emphasizing the appeal of nuclear energy for its clean, reliable, and socio-economic benefits. China National Nuclear Corporation (CNNC) chief economist Huang Mingang expressed skepticism…

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EDP Renewables and Microsoft extend partnership for Singapore’s largest solar project

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EDP Renewables (EDPR) announced its renewed partnership with Microsoft on Singapore’s largest solar energy project, SolarNova. Under the agreement, Microsoft will purchase 100% of the renewable energy generated by EDPR’s SolarNova 8 project, which has a capacity of up to 200MW-peak (MWp). Awarded in February, the SolarNova 8 project will see EDPR install solar panels on more than 1,000 public housing buildings and over 100 government-owned properties. The energy produced will power common services during…

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EU approves €19.6m WEDUSEA wave energy project

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The European Union has approved the €19.6 million WEDUSEA project. The project is a collaboration of 14 partners from the UK, Ireland, France, Germany, and Spain, and is coordinated by renewable energy developer Ocean Energy. Co-funded by the EU-Horizon Europe Programme and Innovate UK, the project aims to advance the commercialisation of wave energy. Following approval from the EU’s external experts, WEDUSEA will proceed with designing and constructing a 1MW OE35 floating wave energy converter,…