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Avangrid and Invenergy secure Gulf of Maine offshore wind leases

Avangrid Renewables and Invenergy NE Offshore Wind have won two lease areas each in the Gulf of Maine through a US government-led offshore wind lease sale conducted by the Bureau of Ocean Energy Management (BOEM).  This sale marks the sixth offshore wind lease under the Biden-Harris administration and the first for commercial floating offshore wind on the Atlantic coast. Avangrid acquired leases OCS-564 (98,565 acres) for $4.9 million and OCS-568 (124,897 acres) for $6.2 million….

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Invenergy and Honda ink virtual power purchase agreement in Japan

Invenergy has announced a virtual power purchase agreement (VPPA) with Honda Motor Co Ltd. for the Rusutsu wind project in Japan’s Hokkaido region, providing 63 MW of renewable energy. The wind farm is expected to offset 64,000 tonnes of carbon emissions annually, making it the largest corporate VPPA in the area. This agreement follows Invenergy’s 200 MW power purchase deal with a Honda group company in North America for the Samson Solar Energy Center, which…

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Vestas secures 134 MW wind turbine order from Invenergy in Japan

Danish wind turbine manufacturer Vestas has won a 134 MW order from Invenergy for Japan’s Inaniwa Wind Energy Center in Iwate prefecture. This marks Vestas’ largest order in Japan to date. The company will supply and install 32 of its V117-4.2 MW turbines, along with a 20-year Active Output Management 5000 (AOM 5000) service agreement. Deliveries are set to begin in the first half of 2027, with project commissioning expected in the first quarter of…

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Monarch Private and Invenergy secure $170 million tax equity for samson solar II

Monarch Private Capital and Invenergy have secured nearly $170 million in tax equity financing for the 200 MW Samson Solar Energy Center II in Lamar County, Texas. Developed by Invenergy, the project will contribute over $27 million in taxes and funding to local schools and the county throughout its lifespan. The solar facility is expected to begin operations later in 2024 and is part of Invenergy’s larger 1,310 MW Samson Solar Energy Center, the largest…

Power Sector News Roundup for November 4, 2024

Global: IEA report forecasts US$2 trillion clean energy market growth, challenging oil industry dominance. Germany to bury nuclear waste, but toxic dispute remains unresolved. UK Government confirms rise in oil and gas headline tax alongside investment in clean energy. Asia to spend over USD 20 billion on EVs, according to a report. Moroccan government partners with Total Energies H2 for the ‘Chbika’ green hydrogen project. Blykalla and ABB partner to develop an SMR pilot facility…

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Hellenic Cables secures contract for Leading Light Wind project in the US

Hellenic Cables, part of Cenergy Holdings, has won a contract to supply 65km of 132kV inter-array cables for the Leading Light Wind project, a 2.4GW offshore wind farm located over 40 miles off the New Jersey coast.  Cable manufacturing will commence in autumn 2024 at the company’s Corinth facility in Greece, with delivery expected by 2030. The Leading Light Wind project, a joint venture between Invenergy and energyRe, is the sole American-led initiative in the…

Key Power Sector News Roundup for September 25, 2024

CEA releases report on Right-of-Way width for transmission lines The Central Electricity Authority (CEA) has released a report on Right-of-Way (RoW) width calculations for transmission lines using monopole towers and HTLS conductors. The report compares configurations and highlights challenges like higher costs and limited manufacturing for monopole structures. It supplements the July 2020 guidelines and was compiled by a 13-member committee. CTUIL approves Rs 4 billion transmission projects to boost infrastructure CTUIL has approved seven…