Region – Page 2 – Clean Energy World

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Macquarie Capital Reach Financial Closure On Largest PPP Project In Netherlands

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Ahead of speaking at the 17th annual Benelux Infrastructure Forum next month in Amsterdam, Macquarie Capital, Ballast Nedam, and DEME have recently announced that they’ve reached financial closure on the largest PPP project ever awarded in the Netherlands. The €1 billion Blankenburg Connection PPP project, which involves the construction of an immersed tunnel under the Rotterdam port waterway, a land tunnel and two junctions, aims to improve road links between Rotterdam and its port. This further establishes the Benelux PPP market as one of the most active and important regions for global infrastructure projects business.

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EU Parliament Aims Higher For Renewables In Its 2030 Climate And Energy Goals

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The European Parliament’s Industry & Energy (ITRE) and Environment (ENVI) committees have voted their position on the Energy Union Governance Regulation, just a week after the ITRE committee called for raising the EU’s 2030 renewable energy target to 35% instead of 27%. The Governance Regulation sets out how EU Member States will deliver the EU’s 2030 Climate and Energy goals including the binding EU renewables target and how they will give visibility to renewable energy investors on post-2020 deployment volumes. The IEA now says that wind will be Europe’s leading electricity source soon after 2030.

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Europe: Investment In Ports Infrastructure Can Cut Offshore Wind Costs by 5.3%

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European ports are set to take on an expanded role in the offshore wind supply chain. By 2030 Europe is expected to have installed 70 GW of offshore wind. This means there will be more than 10,000 turbines in the water. This is equivalent to a build-out rate of 6 GW per year, 20% of which will be repowering existing sites with brand new turbines. Investments of €0.5-€1bn in new port infrastructure could help the offshore wind sector to cut costs by up to 5.3%, according to figures released recently, by the WindEurope Ports Platform in Hamburg.

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Ingeteam’s Indian Wind Converter Factory Achieves DNV GL Certification First

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Ingeteam has announced that it received DNV GL’s “Shop Approval in Renewable Energy” certification for the wind converter manufacturing facility recently established by the company in the Tamil Nadu region. Its new facility is the first-ever wind converter factory to receive such a certification in India. DNV GL’s Shop Approval is awarded upon successful completion of a comprehensive audit and enables Ingeteam to simplify the scope of subsequent quality inspections. This next level certification guarantees that a workshop operates within a high-standard manufacturing environment and that adequate working procedures and methods are consistently deployed by qualified staff.

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InnoEnergy, Deloitte: Smog Reduction Can Save European Citizens €183bn By 2025

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InnoEnergy and Deloitte’s radical new research reveals that EU citizens could save €183bn by adopting innovative smog-reduction technologies to 2025. This is in response to the European Commission’s finding that smog will cost the EU an astonishing €475bn between 2018 and 2025. The report identifies best technologies to reduce Europe’s 400,000 pollution-related premature deaths a year. These key technologies include fast, interconnected and interoperable car charging solutions, solar thermal, and underground energy storage.

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Key Industry Players Meet To Discuss Infrastructure Financing In Benelux Region

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The Benelux region has been seeing huge developments in the renewable energy and infrastructure industry. The European Investment Bank (EIB) has recently announced that it is supporting Belgian offshore wind projects, as part of the €3.4 billion investment package for renewable energy. In addition, EIB and other key industry players are meeting to discuss financing infrastructure in the region at the 17th annual Benelux Infrastructure Forum next month in Amsterdam. These include MEAG MUNICH ERGO KAG mbH, EIB, AG Insurance, Macquarie Capital and NN Investment Partners.

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EES & IBESA Summit France 2018: Storage Industry Setting A Course For The Future

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The ees & IBESA Summit in Strasbourg is the main meeting point for the battery and energy storage industry in France. On October 24, 2018, European manufacturers, service providers, project developers, systems integrators and research institutes will come together in Alsace to make transnational contacts. Supported by ees Europe, the continent’s largest and most visited exhibition for batteries and energy storage systems, and the International Battery and Energy Storage Alliance (IBESA), summit participants will discuss the latest topics and trends, and develop new business models and visions for the new energy future.

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Ørsted Announces Plans For Offshore Wind Farm To Power 1 Million UK Homes

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Ørsted, the largest energy company in Denmark has recently unveiled its plans for a sustainable energy solution to power more than 1 million homes in the UK when completed. The company is one of many leading organisations speaking and presenting at the 17th annual Benelux Infrastructure Forum on 21–22 November in Amsterdam. This year’s 2-day conference is the biggest yet, hosting an international gathering of industry leaders from law firms, banks, investment asset and fund managers, energy companies, insurance companies, European Commission, and engineering consultancies.

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UK Wind Generation Capacity Smashes Through 20 Gigawatt Mark

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RenewableUK has announced that the UK has hit a historic milestone of 20GW (20,000MW) of wind generation capacity. The opening of Ørsted’s 659MW Walney Extension off the coast of Cumbria this month pushed the total over the 20GW mark. Commenting on the announcement, RenewableUK’s Executive Director Emma Pinchbeck said: “It took 19 years to install the first 5GW of wind energy in the UK and we’ve now installed the same amount in under two years. That phenomenal growth shows just how quickly the UK is moving to a smart, low carbon power system and wind energy is at the heart of that.

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MHI Vestas Signs Firm Order for Largest MW Project in Company History

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MHI Vestas Offshore Wind will supply 90 of its flagship V164-9.5 MW turbines for the 860 MW Triton Knoll Offshore Wind Farm project; its largest MW project to date. MHI Vestas celebrated the financial close of the deal with innogy, at the site, confirming the project as the largest (MW) in the history of the turbine company. Affirming its strengthening position in the UK offshore wind market, the Danish-Japanese joint venture will supply 90 of the world’s most powerful commercially available turbine, the V164-9.5 MW, and has agreed on a comprehensive 5-year O&M agreement.

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EU Supports Denmark’s Drive Towards 50% Energy Sourcing From Renewables By 2030

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The European Commission has approved under EU State aid rules, three schemes to support electricity production from wind and solar in Denmark in 2018 and 2019. The Renewable Energy Directive established targets for all Member States’ shares of renewable energy sources in gross final energy consumption by 2020. For Denmark, that target is 30% by 2020. Furthermore, Denmark has a goal of supplying 50% of its energy consumption from renewable energy sources by 2030 and to become independent from fossil fuels by 2050. All three schemes aim to contribute to reaching those targets.

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