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Planning application submitted for 2GW Caledonia offshore wind farm in Scotland

Global, News

Ocean Winds has submitted a planning application to the Scottish government’s Marine Directorate for the 2GW Caledonia offshore wind farm in the outer Moray Firth.  This milestone follows three years of extensive development work since the site was awarded through the ScotWind process in 2022. The Caledonia wind farm, located east of the operational Moray East and under-construction Moray West facilities, will more than double Ocean Winds’ generation capacity in the region. Ocean Winds is…

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ACCIONA Energía sells hydro portfolio to Endesa for €1 billion

Global, News

ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona Hidráulica, S.L., for €1 billion (enterprise value).  The debt-free transaction is expected to generate capital gains of €620 million, with completion anticipated in the first half of 2025, pending antitrust and foreign investment approvals. The portfolio includes 34 hydroelectric plants with a total installed capacity of 626 MW, located across Aragón, Navarra, Soria, and Valencia in Spain.  The plants…

Power Sector News Roundup for November 21, 2024

Power Bytes

Global: Amazon invests in Greece’s largest wind energy project with three wind farms. China tightens solar PV investment guidelines to address overcapacity. SEC to build publicly owned renewable energy park in Horsham, Australia. Bekevar Wind Farm opens, providing 200 MW of renewable energy in Saskatchewan. Ofgem proposes £5-8 billion fund to accelerate UK energy transmission projects. TVA signs 10-year PPA for 14 GWh carbon-free energy with Smoky Hydro. Octopus Energy and Skyborn prequalified for French…

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Synera Renewable secures permit for Formosa 4 wind project in Taiwan

Global, News

Synera Renewable Energy (SRE) has received an establishment permit from Taiwan’s Energy Administration for its 495MW Formosa 4 Offshore Wind Project, marking a key milestone in Taiwan’s Phase 3 Zonal Development of Offshore Wind. Located off Miaoli County, Formosa 4 is the first project in this auction round to secure a local government letter of consent, a vital step toward the final establishment permit. Once operational, Formosa 4 will power over 500,000 households, making it…

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Fluor JV begins design phase for Cernavoda nuclear expansion in Romania

Global, News

Fluor’s joint venture, including AtkinsRéalis, Sargent & Lundy, and Ansaldo Nucleare, has received a limited notice to proceed with the design phase for units 3 and 4 of Romania’s Cernavoda nuclear power plant. This phase includes engineering and construction plans, revised cost estimates, schedules, and nuclear safety assessments, all contributing to a final investment decision. The agreement was signed by EnergoNuclear, a subsidiary of Societatea Nationala Nuclearelectrica, during COP29 in Baku, Azerbaijan. The ceremony was…

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Trump names Chris Wright as energy secretary

Global, News

President-elect Donald Trump has appointed Chris Wright, a veteran of the US energy sector and CEO of Liberty Energy, as the next energy secretary. Wright is recognised as a pioneer of the American shale revolution, having played a crucial role in advancing hydraulic fracturing technologies that reshaped the global energy landscape. Wright brings decades of experience to the role. He founded and currently serves as the CEO of Liberty Energy, a Denver-based company specializing in…

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CBMM launches world’s largest niobium-based anode plant in Brazil

Global, News

CBMM has inaugurated a state-of-the-art niobium-based anode production facility in Araxá, Brazil, marking a milestone in advanced battery technology. The plant will produce 2,000 tonnes of Echion Technologies’ XNO active anode material annually, equivalent to one gigawatt-hour of lithium-ion battery cells. This facility is the largest of its kind globally and aims to serve the rapidly growing demand for niobium-enhanced battery materials, particularly in electric vehicles (EVs), heavy-duty transport, and energy storage systems. Niobium-based anodes…

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Masdar and SOCAR achieve financial close for 760MW solar projects in Azerbaijan

Global, News

Masdar and SOCAR Green have achieved financial close for two solar projects in Azerbaijan: the 445MW Bilasuvar plant and the 315MW Neftchala plant, with a combined capacity of 760MW. The total investment for the projects exceeds $600 million, funded by the European Bank for Reconstruction and Development, the Asian Development Bank, and the Asian Infrastructure and Investment Bank. The financial agreements were signed during the COP29 conference in November 2024 in Baku, Azerbaijan. Groundbreaking for…

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Field Energy acquires 200MW Hartmoor battery storage project in the UK

Global, News

Renewable infrastructure developer Field Energy has acquired the 200MW Hartmoor battery storage project from Clearstone Energy, expanding its 11GW portfolio of battery storage projects across Europe. Located near Hartlepool, County Durham, the Hartmoor facility can store 800MWh of electricity, enough to power 500,000 homes for four hours when fully charged. The Hartmoor project will play a critical role in balancing electricity supply and demand, stabilizing the grid, and supporting the UK’s increasing reliance on renewable…

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Mammoet to manage monopiles for RWE’s offshore wind projects in Europe

Global, News

Mammoet has secured a contract with Buss Ports to handle the marshalling of wind turbine generator foundations for two of Europe’s largest offshore wind farms: RWE’s Nordseecluster A in Germany and Thor in Denmark. The Nordseecluster, situated in the eastern German North Sea, will have a total capacity of 1.6 GW, enough to power 1.6 million homes. Construction for Nordseecluster A (NC 1 and NC 2) is set to begin in 2025, with grid connection…