Benelux_Infrastructure_Forum_171
23 November 2015 2015 04:43 AM GMT

Baseload Acquires 55-MW Geothermal Plant in California

Baseload Clean Energy Partners, a clean energy portfolio owned and operated by AltaRock Energy, has acquired Bottle Rock Power, the owner of a 55-megawatt dry-steam geothermal plant in Lake County, California.

BCEP purchased the remaining equity in the plant and associated leases for an undisclosed sum from Riverstone Holdings and U.S. Renewables Group. The company plans to upgrade the existing facilities to include energy storage in an effort to better manage supply and demand on the power grid.

Bottle Rock Power is part of a broader complex of geothermal plants located within the Geysers, the largest geothermal field in the world. The acquisition contributes to BCEP’s overall goal of aggregating assets that benefit substantially from improvements in advanced energy technology.

“The next step in our strategy is the integration of energy storage within existing plants,” said Aaron Mandell, chief executive officer of BCEP. “Bottle Rock is an extremely valuable asset given the project’s access to the Northern California energy markets and future expansion potential of the geothermal resource. In the near term, we will focus on safely maintaining the existing plant and well field, but are actively working towards adding performance enhancements to enable flexible generation using energy storage.”

August 5th 2017
Invenergy, GE Renewable Energy Announce 2GW Facility: Largest Wind Farm In US

Invenergy and GE Renewable Energy have announced a 2GW wind farm that will be the largest in the U.S. and second-largest in the world, once operational, in 2020. The Wind Catcher facility is under construction in the Oklahoma panhandle and will use 800 state-of-the-art GE 2.5 MW turbines. It will link more than 1.1 million customers with wind energy harvested domestically, saving them more than $7 billion, and will support 4,000 direct and 4,400 indirect jobs annually during construction and 80 permanent jobs once operational. “Wind Catcher shows American leadership in bringing low-cost clean energy to market at Giga scale,” said Invenergy’s Founder and CEO Michael Polsky.

August 4th 2017
Enel Awarded 339 MW Of Solar Capacity In Spanish Renewables Tender

Enel S.p.A., acting through its Spanish subsidiary Endesa’s renewable company Enel Green Power España (EGPE), has been awarded 339 MW of solar capacity in Spain. The award followed the tender aiming at collecting 3 GW from renewable energies, launched by the Spanish Government to help the country achieve its target to cover 20% of energy consumption from renewables by 2020. The solar capacity adds to the 540 MW of wind power capacity that EGPE was already awarded last May. “This new milestone confirms our commitment to green energy in Spain, a country which continues to offer growth opportunities for our renewable projects,” said Antonio Cammisecra, Enel’s Head of Global Renewable Energies.

July 28th 2017
Major Realignment In Motorsport As Porsche Prioritises Formula E Over Le Mans

Significant changes in motorsport are taking place as Porsche implements its strategy to develop a combination of pure GT vehicles and fully electric sports cars, such as the first fully battery-powered Mission E road car. “Entering Formula E and achieving success in this category are the logical outcomes of our Mission E”, says Michael Steiner, Executive Board Member, R&D at Porsche AG. “For us, Formula E is the ultimate competitive environment for driving forward the development of high-performance vehicles in areas such as environmental friendliness, efficiency and sustainability”.