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18 August 2018 2018 09:45 AM GMT

Poland Scores Big: Mercedes-Benz Agrees Europe’s First Automotive Sector PPA

Mercedes-Benz has announced Europe’s first automotive Power Purchase Agreement (PPA) with a Polish wind farm. It is also the first such deal signed in Poland. It will buy electricity generated at the 45MW wind farm to power its manufacturing facility in Jawor, 10km away from the wind farm. The longer-term goal is to source all of its power needs from renewables.

The Taczalin wind farm has been operational since 2013. The operator is VSB Energie Odnawialne Polska. Poland’s renewable energy scheme allows renewable energy suppliers to sell their electricity either on the market or as part of a PPA. Corporate PPA deals like this are expanding rapidly in Europe. There was a 130% increase in the volume of wind energy contracted through such PPAs in 2017 alone.

WindEurope CEO Giles Dickson said: “This is a double first. The first corporate renewable PPA deal in the automotive sector and the first major PPA in Poland. PPAs all started in the ICT sector. Now we’re seeing them in manufacturing sectors such as aluminium, chemicals, steel, pharmaceuticals – and automotive. Renewable PPAs provide corporate energy consumers with reliable and competitively-priced power – and enable them to lock in their energy costs at fixed prices over a long period. They also provide stable revenue for wind farms which reduces financing costs. So it’s win-win all round.”

WindEurope actively promotes wind power in Europe and worldwide. It has over 450 members, active in over 40 countries. Its membership encompasses wind turbine manufacturers, component suppliers, research institutes, national wind and renewables associations, developers, contractors, electricity providers, finance and insurance companies, and consultants.

VSB Energie Odnawialne Polska sp zoo (VSB EO PL) is part of the German VSB holding. Taczalin is its largest project.

Mercedes-Benz is a global automobile marque and a division of the German company Daimler AG. The brand is known for luxury vehicles, buses, coaches, and lorries. The headquarters is in Stuttgart, Baden-Württemberg. The name first appeared in 1926 under Daimler-Benz.

November 8th 2018
Macquarie Capital Reach Financial Closure On Largest PPP Project In Netherlands

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.

October 21st 2018
Europe: Investment In Ports Infrastructure Can Cut Offshore Wind Costs by 5.3%

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.

November 2nd 2018
Ingeteam’s Indian Wind Converter Factory Achieves DNV GL Certification First

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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