|

EnBW to install 100MW battery storage system in Marbach, Germany

Global, News

Energie Baden-Württemberg (EnBW) has announced plans to develop a 100MW/100MWh battery storage facility at its Marbach power plant site in Germany, for enhancing grid stability in southern Germany rather than direct household power supply. Construction is scheduled to start next year, with the facility expected to be operational by the end of 2025. The project will use cobalt-free lithium iron phosphate batteries and will share infrastructure resources with EnBW’s existing facilities, creating synergies, including the…

|

EnBW plans €3 billion capital increase to boost Germany’s energy transition

Global, News

EnBW is in discussions with its major shareholders about a potential capital increase of €3 billion to manage the rising costs of investing in Germany’s energy transition. The utility stated that the decision regarding a possible share issue will be made by shareholders at the annual general meeting. EnBW, primarily owned by the German state of Baden-Wuerttemberg and local municipalities, anticipates its investments in energy projects could rise to €50 billion by 2030, up from…

|

EnBW wins bids for 184 MW solar parks in German auction

Global, News

Energy producer and supplier Energie Baden-Württemberg (EnBW) has secured winning bids for seven solar parks in an open-field photovoltaic (PV) auction held by the German Federal Network Agency. The projects, with a combined output of 184 MW, will be developed across Germany. Five of the solar parks will be constructed in Baden-Württemberg, located in southwest Germany, at sites in Langenburg, Mulfingen, Adelsheim, Geislingen-Erlaheim, and Sigmaringen-Gutenstein. Additional solar parks will be built in Lauenhagen, Mecklenburg-Western Pomerania,…

|

EnBW completes foundation installations at 960MW He Dreiht offshore wind farm

Global, News

EnBW has announced the completion of foundation installations for the 960MW He Dreiht offshore wind farm in the German North Sea. The installations were carried out over three months using the Thialf, one of the world’s largest floating cranes, operated by Heerema. During this period, the Thialf drove the monopiles into the seabed, setting the stage for the next construction phase. Each of the 64 steel foundations measures 70 meters in length, has a 9.2-meter…

Power Sector News Roundup for November 12, 2024

Power Bytes

Global: ACCA report warns of inadequate climate preparedness among businesses. EnBW to install a 100 MW battery storage system in Marbach, Germany. ScottishPower signs £1 billion deal with Siemens Gamesa for East Anglia 2 offshore wind farm. Entrion Wind secures US patent for FRP monopile technology. SPPC awards 7.2 GW power project contracts under Saudi Vision 2030. Energy Vault to build a 57 MW battery storage project in Texas. Nexans to sell AmerCable to Mattr…

|

Vårgrønn acquires 27.4% stake in Germany’s Baltic 2 offshore wind farm

Global, News

Norwegian renewable energy company Vårgrønn has secured a 27.4% stake in the 288 MW Baltic 2 offshore wind farm from PGGM Infrastructure Fund.  EnBW will retain its majority ownership at 50.1% and continue managing operations and maintenance, while Germany’s largest pension fund, Ärzteversorgung Westfalen-Lippe, will maintain a 22.5% indirect stake. Located 32 km off the coast of Rugen in the German Baltic Sea, Baltic 2 has been operational since September 2015, generating electricity through 80…

|

BP considers selling minority stake in offshore wind division

Global, News

BP is exploring the sale of a minority stake in its offshore wind division to offset the substantial development costs associated with its projects, as reported by Reuters. This move follows shareholder pressure over BP’s 2020 energy transition strategy, as profits from renewables have fallen while oil and gas margins have risen. The company has engaged Bank of America to identify potential partners as it seeks to reduce its financial burden in the growing offshore…