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    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

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

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    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

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    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

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    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

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

    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

    Giant offshore wind energy projects to be built in Irelands seas

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

    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

  • Press Statements
    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

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

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

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New England set for $12.9b renewables investment

in News, Renewable Power
New England set for $12.9b renewables investment

NSW’s New England region is expected to attract investment of almost $13 billion in new wind and solar generation and transmission thanks to the state government’s plan to develop a massive Renewable Energy Zone in the area, but may raise concerns about lagging investment in “firming” generation.

The state’s second proposed REZ in the Armidale region, to be formally announced by deputy premier John Barilaro on Friday, is intended to involve some 8000 megawatts of generating capacity. He said the $75 million initiative would lower power bills, create jobs and make regional NSW “the home” of renewable energy investment.

Some 8000 MW of wind and solar generation could be located in New England in NSW. Stock Photo NSW energy and environment minister Matt Kean said the nine-fold level of interest in the state’s pilot REZ in the central-west around Dubbo meant it made “absolute sense to go even bigger” with the New England one.

A request in May for expressions of interest for 3000 MW of new generation for the central-west REZ attracted a huge 27,000 MW of proposals.

Renewable energy zones, which involve coordinated upgrades to the transmission network to enable multiple new generating plants in a region with strong renewables resources, are a central pillar in NSW’s electricity strategy, announced last November.
Advertisement Under that strategy, the government is aiming to have sufficient capacity to cope with the state’s two largest power generating units being offline during a one-in-10-year heatwave, but with a generation mix that helps reach net zero carbon emissions by 2050.

NSW is the state due to see the country’s next major shutdown of a baseload coal plant, with AGL Energy set to close the Liddell generator in the Hunter Valley in April 2023. Meanwhile, investments in fast-start gas or pumped hydro plants that could help fill in the gaps between weather-dependent renewable power have been delayed, although the Snowy 2.0 storage project is proceeding.
Solar stocks, poor performers in recent years, have roared to life recently.

The news of the super-sized New England REZ comes after the Clean Energy Council reported this week that confidence among investors in clean energy in NSW had risen since December despite COVID-19. It put the improvement down to the amendment of planning laws that allow for large-scale battery storage systems, along with the government’s commitment to three REZs. A third REZ is planned in the state’s south-west.

Clan Energy Council chief executive Kane Thornton said that while grid bottlenecks and a lack of federal energy policy remained a concern, initiatives by state governments to expand renewables energy had heartened investors. Investor confidence also surged in Queensland and was marginally higher in Victoria.

Still, the energy networks industry peak body has questioned whether the zones run counter to an agreement signed by all states and territories in 2004 to pursue a nationally consistent energy market. Energy Networks Australia said that legislation passed in Victoria earlier this year allowing the state to ‘go it alone’ on transmission investment, and minimum demand measures in South Australia, also posed questions around that commitment.

The renewables zone in New England, which would build on large wind and solar projects at Glen Innes and Armidale, would be able to power 3.5 million homes.

“The New England REZ is expected to attract $12.7 billion in investment, support 2000 construction jobs and 1300 ongoing jobs – all while lowering energy prices and future-proofing the regions,” said Mr Barilaro.

The Nature Conservation Council of NSW’s acting chief, Jacqui Mumford, said the North-West REZ would generate clean energy jobs and economic activity that was needed after the summer bushfires, drought and COVID-19. But she called for NSW to move faster towards zero- carbon energy, urging an end to coal and gas power production by 2030.

AGL Energy chief executive Brett Redman said last week the utility planned to run its Bayswater coal generator in the Hunter Valley until 2035.

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

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