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Latest news - Renewables

Over £110 million to unlock zero emission guilt-free flights

Over £110 million to unlock zero emission guilt-free flights   Government and industry are investing £113 million in hydrogen and all-electric flight technologies to unlock guilt-free flight and support green jobs across the UK. Investment will support development by Vertical Aerospace of the next generation of high-end, lightweight batteries for small aircraft. Projects led by Rolls-Royce to develop a zero-emission liquid hydrogen combusting jet engine will also...

Wind and Solar generated record 20% of EU electricity in 2022. More than gas, nuclear, hydro, coal

Wind and Solar generated record 20% of EU electricity in 2022. More than gas, nuclear, hydro, coal   Now 2022 is over, the figures are in for all the main electricity generation types. For the first time ever, wind and solar delivered more electricity in 2022 than gas, nuclear, hydro or coal. In total, that’s a record one-fifth of the EU’s electricity last year. We can thank the “triple crisis” of Russian gas cuts, the 500-year record drought’s effect...

Siemens Gamesa posts $974 mln net loss on higher warranty costs

Siemens Gamesa posts $974 mln net loss on higher warranty costs   Beleaguered wind turbine maker Siemens Gamesa, soon to be delisted and folded into parent Siemens Energy, said on Thursday its first-quarter net loss more than doubled on higher warranty provisions as a result of faulty components. The net loss in the October-December period, Siemens Gamesa's fiscal first quarter, widened to 884 million euros ($974 million) from 403 million in the same period last year, the compa...

Equinor awards Linde major FEED contract advancing H2H Saltend low carbon hydrogen project

Equinor awards Linde major FEED contract advancing H2H Saltend low carbon hydrogen project   Energy company Equinor has awarded a Front-End Engineering Design (FEED) contract for H2H Saltend to Linde Engineering, and an operation and maintenance service contract to BOC. Linde Engineering together with BOC, both Linde companies, participated in a design competition to provide proposals for FEED with options for Engineering, Procurement and Construction (EPC) and Operation and Mainte...

Carbon capture and storage – the road to net zero

Carbon capture and storage – the road to net zero   Dedicated NSTA development team created to oversee the delivery of carbon storage developments The team supplements the NSTA’s established Exploration & New Ventures team and shows commitment to the energy transition, which is also reflected in the organisation’s name change  Comes as NSTA considers applications for first ever CCS licensing round  The NSTA has responded to the rapid growth...

ExxonMobil awards FEED for largest low-carbon hydrogen facility

ExxonMobil awards FEED for largest low-carbon hydrogen facility   ExxonMobil announced the next step in the development of the world’s largest low-carbon hydrogen production facility with a contract award for front-end engineering and design (FEED). A final investment decision for the project is expected by 2024, subject to stakeholder support, regulatory permitting, and market conditions. ExxonMobil’s Baytown low-carbon hydrogen, ammonia and carbon capture facility...

OX2 receives permit for the Galatea-Galene wind farm off Sweden’s west coast

OX2 receives permit for the Galatea-Galene wind farm off Sweden’s west coast   Nordic developer OX2 has received a key regional permit for the Galatea-Galene wind farm off Sweden’s west coast, leaving the green light for the 1.7GW project now largely just awaiting the approval of a final permit by the central government in Stockholm. The county administrative board of the Halland region decided the huge project in the Kattegatt Strait developed jointly with the investme...

SSE Renewables outlines plans to work collaboratively with fishing industry

SSE Renewables outlines plans to work collaboratively with fishing industry   SSE Renewables has published a report that sets out the company’s vision to better co-exist with fisheries when building and developing offshore wind energy. The report, launched at Scottish Renewables’ Offshore Wind Conference in Glasgow, outlines the steps taken by SSE Renewables to build upon the existing relationship within the fishing industry and how both sectors can positively co-exist...

FPSO vessel for the Greater Tortue Ahmeyim project sets sail

FPSO vessel for the Greater Tortue Ahmeyim project sets sail   The FPSO vessel for the BP-operated Greater Tortue Ahmeyim (GTA) LNG project has started its journey towards the project site off the coasts of Mauritania and Senegal. The FPSO set sail on 20 January 2023 from Qidong, China, after successfully completing a series of sea trials following construction over the past three and half years. It will now travel 12 000 nautical miles via Singapore to its final destination &ndash...

Siemens Gamesa takes €472m hit over ‘component failures’

Siemens Gamesa takes €472m hit over ‘component failures’   Siemens Gamesa has booked charges of €472m in the last three months to cover unexpected costs associated with turbine component failures, pushing fiscal first quarter losses to €760m. The troubled manufacturer, which released preliminary Q1 results on Thursday evening, said the fresh hit follows an evaluation of its installed fleet. During the probe the company “detected a negative develo...

Wood Mackenzie sees $114 billion in US renewables investments by 2031

Wood Mackenzie sees $114 billion in US renewables investments by 2031   Investments in the US renewable energy market are expected to hit $114 billion by 2031,  up 78% from $64 billion in total investments at the end of 2021, buoyed by decarbonization momentum from the landmark US Inflation Reduction Act. Wood Mackenzie provides an initial assessment in its latest report on how the IRA will greatly support the expansion of US renewable energy equipment manufacturing capacity....

Royal visit marks bid to develop world's largest tidal turbine blades

Royal visit marks bid to develop world's largest tidal turbine blades   A project aiming to maximise tidal energy generation has been launched in the presence of Her Royal Highness, The Princess Royal, at the University of Edinburgh’s FastBlade facility. The Princess Royal, who is also Chancellor of the University of Edinburgh, visited on Tuesday 17 January to meet colleagues from the testing facility and partners of the new MAXBlade project. The €10 million proje...

Renewables company expands onto east coast and surpasses £26m turnover

Renewables company expands onto east coast and surpasses £26m turnover   Low carbon and renewable technology specialist Green Building Renewables (GBR) has continued its growth with its acquisition of Scarborough-based business MYelectrical Renewables. The deal will help meet increasing customer demand for technologies like solar panels and heat pumps. MYelectrical Renewables is the sixth acquisition by York-based GBR in 18 months. In the same period, the company’s t...

CEO of Aberdeen Renewable Energy Group reacts to Green Freeports announcement

CEO of Aberdeen Renewable Energy Group reacts to Green Freeports announcement   David Rodger, ceo at Aberdeen Renewable Energy Group (AREG) has commented on the announcement that Cromarty Firth and Forth Ports have won Green Freeport status whilst Aberdeen and Peterhead missed out. He said: “Whilst it is very disappointing that Aberdeen and Peterhead were not chosen for Green Freeport status, the growing activity around transition and renewables in the North-east, including...

Wind firm to sue government over windfall tax

Wind firm to sue government over windfall tax   Community Windpower has told ministers it intends to sue the government, after the Electricity Generator Levy (EGL) was implemented on 1st January. The EGL is a windfall tax on the renewable energy sector – which green energy companies claim is seeing them treated worse than oil and gas firms. The wind company is a £2 billion investor in more than 1.5GW of British wind energy – and has informed government lawyers...

UK renewables smash new record

UK renewables smash new record   Britain generated a record amount of renewable electricity in 2022. That’s according to academics from Imperial College London for Drax Electric Insights who found that the grid had a record-breaking green year, but the spiralling cost of fossil fuels led power prices to almost double. The report suggests renewable energy sources, including wind, solar, biomass and hydropower, produced almost 40% of the country’s electricity in 2022 &...

Neptune Energy, Ørsted and Goal7 explore powering integrated energy hubs with offshore wind

Neptune Energy, Ørsted and Goal7 explore powering integrated energy hubs with offshore wind   Neptune Energy today announced it has signed a Memorandum of Understanding with Ørsted and Goal7 to explore powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity. Integrated energy hubs have the potential to combine multiple energy systems, including existing oil and gas production assets, carbon storage and hydrogen production facil...

Engie to invest USD 650m in wind, BESS projects in Chile

Engie to invest USD 650m in wind, BESS projects in Chile   Chilean power utility Engie Energia Chile SA said on Friday that it will invest around USD 650 million (EUR 611.5m) in the latest pair of renewable energy projects in the South American country. The larger of the two is the 342-MW Lomas de Taltal wind farm project in the Chilean region of Antofagasta, which will require an investment of some USD 450 million. The company said it had signed an agreement with affiliates of Chi...

Vestas to deliver turbines for 126MW Derrinlough wind farm in Ireland

Vestas to deliver turbines for 126MW Derrinlough wind farm in Ireland   Vestas has secured a turbine supply order from Bord na Móna, an Irish semi-state company, for the 126MW Derrinlough wind farm in Ireland. The wind turbine manufacturer will supply 21 V150-6.0 MW EnVentus wind turbines, which will have a site-specific hub height of 110m. The Derrinlough wind project will be built in County Offaly, located in the Irish midlands. Bord na Móna renewable energy h...

Vestas signs 37 MW order for EnVentus wind turbines in Italy

Vestas signs 37 MW order for EnVentus wind turbines in Italy   Vestas has received a 37 MW order for a wind park in Italy. The contract includes the supply and installation of six V162-6.2 MW wind turbines, as well as a 10-year active output management 5000 (AOM 5000) service agreement. “We are glad to see how the advanced modularity of the EnVentus platform continues to contribute to the expansion of wind energy in Italy. The wide range of turbine configurations of this new...
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