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    Array Technologies increased revenue 35% to US$872.7 million in 2020

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    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

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    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

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    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    GE’s digital power transformers selected for multiple projects across the globe

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    bp to invest up to £18 billion in UK energy system by 2030

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    Statkraft seeks planning nod for 49.9-MW Scottish wind farm

    VSB Group Expands in France with Acquisition of 143.5 MW Wind Power Portfolio

    Norway to invest in renewable projects in developing countries

    Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval

    China installed 48.2 GW of new solar capacity in 2020

    Solek Group signs deal to build solar power plants in Chile

    Trina Solar betting on largest wafer size and third cut cells for 500W-plus modules

    TotalEnergies to Acquire SunPowers Commercial & Industrial Solar Business

    Vattenfall Wind

    UK Government grants consent for Vattenfall’s Norfolk Vanguard Offshore Wind Farm

    New DNV GL class rules for floating offshore wind energy expands industry horizon

    Norway to launch 1.5 gigawatt offshore wind tender

    Atlas and Hitachi to develop energy storage systems for renewable projects

    Velto Renewables supports the 360 MW offshore wind farm London Array

  • Market Moves
    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

    Ferroglobe Hydro power

    Ferroglobe completes sale of Spanish hydro facilities to TPG Sixth Street Partners

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

    SeaMade secures €250m European loan for Belgian offshore wind farms

    SeaMade secures €250m European loan for Belgian offshore wind farms

    Xcel Energy agrees to buy Mankato Energy Center for $650m

    UK renewable energy overtakes fossil fuels, despite Brexit fears

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    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    SPI Energy Develops Utility Scale Solar Project in Maryland

    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai

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    GE’s digital power transformers selected for multiple projects across the globe

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Australia’s largest planned renewables zone swamped with 34 GW of capacity

in News, Renewable Power
Australia's largest planned renewables zone swamped with 34 GW of capacity

The New England region of New South Wales (NSW), Australia, is set to become a renewable energy powerhouse, with the state government confirming that a renewable energy zone (REZ) planned for the region had been flooded with expressions of interest. Investors have already tabled enough projects to create 34 GW of clean energy.

State Energy Minister Matt Kean said the response to the registration of interest (ROI) process showed huge investor confidence in the state’s Electricity Infrastructure Roadmap, with more than four times the level of interest needed to build out the planned 8 GW REZ.

“The New England REZ is expected to deliver around AUD 10.7 billion ($7.8 billion) in investment and around 830 operational jobs, as well as 1,250 construction jobs each year, all while putting downward pressure on electricity prices and providing landowners with new income streams,” Kean said. “The overwhelming response shows this is a once-in-a-generation opportunity to attract enormous investment into regional areas, cementing NSW’s renewable energy future.”

The New England REZ is one of five designated clean energy areas detailed in the NSW government’s electricity roadmap, which will support more than AUD 32 billion of investment in renewable energy generation, storage and transmission in the state. REZs will also be developed in the South-West, Hunter-Central Coast, Illawarra and Central-West Orana regions and are expected to bring 12 GW of renewable energy and 2 GW of storage online.

The Central-West Orana REZ, which is tipped to deliver 3 GW of renewable energy, was the first of the REZs to be launched. The call for registrations of interest last year attracted 113 registrations, for a total of 27 GW, valued at AUD 38 billion.

Kean said the interest in the Central-West Orana REZ had triggered an adjustment from the state government which has committed to investing AUD 78.9 million to support the development of the New England REZ, which is set to become Australia’s largest.

“The nine-fold level of interest in the Central-West Orana REZ was astounding, so it makes absolute sense to go even bigger with the New England REZ,” he said. “The New England REZ will be able to power 3.5 million homes and, when coupled with Central-West Orana REZ, sets the state up to become the No. 1 destination across Australia for renewable energy investment.”
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Member for Northern Tablelands Adam Marshall said the ROI process had netted a much larger catch of potential projects than expected. It has put the local community in the box seat when it came to the final design and planning of the New England REZ, he said.

“With this level of interest, we have the luxury of supporting only the best projects that benefit the community, maintain the highest and strictest development standards and maximise local renewable jobs and investment in the region,” Marshall added. “We won’t be compromising our standards and now we are in the box seat, so we can be even more discerning, which is great. By coordinating REZ development in a strategic way, we can control our own destiny, making sure the projects we host work for our community, not just developers.”

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bp to invest up to £18 billion in UK energy system by 2030

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News

Kier to deliver onshore converter station for offshore wind project in the north east

February 19, 2022
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