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Australian Senate passes Net Zero Economy Authority Bill to drive climate action

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The Australian Senate has approved the Net Zero Economy Authority (NZEA) Bill, establishing a standalone statutory authority to oversee the nation’s transition to net zero emissions by 2050. This move is part of Australia’s broader goal to cut emissions by 43% by 2030, based on 2005 levels. The NZEA will coordinate net zero initiatives across government and key stakeholders, ensuring consistent climate policy implementation. The authority aims to boost public and private sector participation in…

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Denmark delays North Sea Energy Island project due to rising costs

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Denmark has announced a delay of at least three years in constructing its North Sea Energy Island, citing rising costs and high interest rates. The artificial island is intended to serve as a hub for collecting and distributing electricity from offshore wind turbines, aiming to supply around three million European households with renewable energy. Danish Energy Minister Lars Aagaard stated that the investment cost for the energy island now exceeds DKr200 billion ($29.81 billion) and…

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Avantus, Toyota Tsusho America begin construction of Norton Solar Project in Texas

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Avantus and Toyota Tsusho America (TAI) have started constructing the 159 MWdc/125 MWac Norton solar project in Runnels County, Texas. The construction follows TAI’s acquisition of the Norton project from Avantus in November 2023. TAI, a subsidiary of Toyota Tsusho Corporation, has secured financing from Mitsubishi UFJ Financial Group. The Norton project, managed by Avantus with engineering, procurement, and construction services provided by RES, has a long-term power purchase agreement with a corporate customer, highlighting…

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NSW approves 450 MW Goulburn River solar farm

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The New South Wales (NSW) government has approved the Goulburn River solar farm, a 450 MW renewable energy project designed to supply electricity to 191,000 homes annually. Located near Merriwa in the Upper Hunter region, the A$880 million ($591 million) development includes a battery energy storage system (BESS) to improve grid stability by storing and releasing solar energy during peak demand. Strategically positioned between two key Renewable Energy Zones, the solar farm will have direct…

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BOEM announces second offshore wind energy sale in the Central Atlantic

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The US Bureau of Ocean Energy Management (BOEM) has initiated the process for a second regional offshore wind energy sale in the Central Atlantic, called Central Atlantic 2. This initiative invites public input on potential commercial wind energy development off the coasts of New Jersey, Delaware, Maryland, Virginia, and North Carolina. Building on the groundwork from the inaugural Central Atlantic lease sale on August 14, 2024, the Central Atlantic 2 Call marks a preliminary step…

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Global offshore wind sector resilient, poised for growth

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Despite inflation and supply chain disruptions, the global offshore wind sector grew by 7% in 2023, with a projected 9% increase to over 11 GW by the end of 2024. Rystad Energy forecasts that global offshore wind installations, excluding mainland China, will exceed 520 GW by 2040. Europe will lead, especially in floating wind technology, accounting for over 70% of global floating installations. The UK, France, and Portugal are expected to add up to 90…

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SSEN Transmission receives approval for Creag Dhubh-Dalmally upgrade

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SSEN Transmission has received approval from Scottish ministers to upgrade the Creag Dhubh-Dalmally overhead line from 132kV to 275kV, a project crucial for supporting renewable energy growth in Argyll and Kintyre. Part of the Argyll and Kintyre 275kV strategy, this upgrade is a key component of SSEN’s £20 billion ($26 billion) Pathway to 2030 programme, which aims to support thousands of jobs and boost local and national economies. The strategy aligns with the UK and…

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Sumitomo Electric completes Greenlink Interconnector project, UK-Ireland energy connection

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Sumitomo Electric Industries Ltd has completed the Greenlink Interconnector Project. This milestone involved installing high-voltage direct-current (HVDC) and fiber optic cables for Greenlink Interconnector Ltd, using Sumitomo Electric’s innovative HVDC cross-linked polyethylene (XLPE) cables. The project connects the electricity grids of Ireland and the United Kingdom, with a new link between Great Island in County Wexford, Ireland, and Pembrokeshire, Wales, UK. Electricity will flow in both directions based on supply and demand in each country….

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Vattenfall partners with Industrikraft to boost clean energy in Sweden

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Sweden’s largest electricity provider, Vattenfall, has partnered with Industrikraft, a consortium of major Swedish industrial companies, to develop clean energy solutions to meet the country’s growing electricity demands. Industrikraft includes companies like Alfa Laval, Boliden, SKF, Stora Enso, and Volvo Group. The partnership aims to secure joint investments in new electricity production and address issues related to co-investment frameworks, project identification, and feasibility assessments, including permits, grid connections, and profitability. As Sweden’s industrial sectors aim…

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Namibia secures €7.5 million grant for electrification project

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The National Planning Commission of Namibia, alongside the Ministry of Mines and Energy (MME), Northern Regional Electricity Distributor (NORED), and the German development bank KfW, have signed a grant agreement for €7.5 million. This funding aims to increase electricity access for households and small to medium enterprises under Namibia’s Access-to-Energy Project. The grant will support both peri-urban on-grid and rural off-grid electrification, focusing on northeast and northwest regions of Namibia. The project plans to install…