Author: WoREA Editorial Staff Member

Posted by a WoREA Editorial Team Member

Inverness, UK, 19 November 2021 – The Ørsted, Falck Renewables, BlueFloat Energy consortium currently bidding for offshore wind leases for floating wind projects has announced a link up with the Scottish Association for Marine Science (SAMS) to investigate the potential effects of floating wind developments on the marine environment. Areas under discussion for future research projects if the consortium’s ScotWind bids are successful range from investigating how fishing interests and offshore wind can work together to a study into how fish, marine mammals and seabirds interact with floating offshore wind farms. Mike Spain, Head of SAMS Enterprise, said:…

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Energy suppliers must adapt to meet consumer calls for transparency, says new report Energy retailers must strengthen their offering to satisfy the rigorous demands of carbon-conscious consumers, concludes a new report from energy technology specialists ENTRNCE. Launched this week, the free-to-download “Trends and opportunities for energy retailers in a net zero market” is essential reading for retailers seeking to gain competitive edge in a challenging market. The report explains how four macro trends, dubbed the “4D revolution,” are transforming the energy system. It outlines how Decarbonisation, Democratisation, Decentralisation and Digitalisation are shaping the landscape – and influencing what business and…

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As reported by BBC News, most big UK firms and financial institutions will be forced to show how they intend to hit climate change targets, under proposed Treasury rules. By 2023, they will have to set out detailed public plans for how they will move to a low-carbon future – in line with the UK’s 2050 net-zero target. Plans will be submitted to an expert panel to ensure they are not just spin. Firms and their shareholders will be left to decide how their businesses adapt to this transition, including how they intend to decarbonise the emissions they finance.…

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Ambitious plans to install a further 37,000 solar panels at Nissan’s Sunderland plant have moved a step closer as Engenera Renewables Group, the company delivering the project, formally submitted the planning application to Sunderland City Council. If approved, it will be a major step towards developing Sunderland as one of the leading UK cities for low-carbon technology and production and create many high-skilled jobs in the area. The proposed expansion will also see Nissan move closer to its aim of becoming a carbon neutral company by 2050 by ensuring that at least 20 percent of the plant’s energy…

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SAVELEY, 26 October 2021: Close Brothers Asset Finance has funded a large, state-of-the art photovoltaic (PV) system for Staveley Mill Yard, a ‘green’ business park in the Lake District National Park, in a CBILS (Coronavirus Business Interruption Loan Scheme) loan agreement. Staveley Mill Yard is a four-acre site comprising over 40 retail and industrial units located in the centre of Staveley village. The 1,533 roof-mounted solar panels, and nine Tesla Powerwall Batteries – installed by Genfit – will supply around 593MWh of power annually to the business park’s tenants, helping make it more sustainable while also saving significant costs.…

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Dublin, London, 22 October 2021 | Greencoat Renewables PLC (“Greencoat Renewables”), the renewable infrastructure company invested in euro-denominated assets, is pleased to acquire the 101.1MW wind farm in Norrbotten County, Sweden from Enercon. The Ersträsk South wind farm consists of 26 Enercon E103 and 10 Enercon E126 turbines and was fully commissioned in January 2021. Enercon will continue to provide long term operations and maintenance services. The acquisition is Greencoat Renewables’ first transaction in Sweden, expanding the Company’s operating presence in the Nordics, which benefits from the ability to develop renewable energy projects on an unsubsidised basis. …

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The world’s largest floating windfarm is now fully commissioned and delivering green electricity to Scotland’s grid. The 50 MW Kincardine Offshore Windfarm is located 15 km off the coast of Aberdeenshire, in water depths ranging from 60m to 80m. The project consists of five Vestas V164-9.5 MW and one V80-2 MW turbine, each installed on WindFloat® semi-submersible platforms designed by Principle Power. The Kincardine project was started back in 2014 by Allan MacAskill and Lord Nicol Stephen, now both directors of Flotation Energy plc. In 2016 Cobra Group became the main investor in Kincardine Offshore Windfarm Ltd. (KOWL) Cobra Wind,…

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Mitsubishi Corporation (MC) is pleased to announce that it has established new greenhouse-gas (GHG) emissions reduction targets and energy-transformation (EX) investment guidelines.In recognition of its multi-industry interests and business activities. MC will continue to simultaneously fulfill its responsibility to provide stable energy supply, such as natural gas, while rising to the global challenge of realizing a carbon neutral society. 1. GHG Emission Reduction Targets: Halve Emissions by FY2030 (FY2020 baseline) & Achieve Net-Zero Emissions by 2050 With the ultimate aim of achieving net-zero GHG emissions by 2050, MC has established a new, GHG target for FY2030 and set out concrete…

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Today, the European Investment Bank (EIB) and the European Commission signed an agreement that will make it possible to combine EU grants and long-term EIB financing for alternative fuels infrastructure projects. The agreement comes under the Alternative Fuels Infrastructure Facility (AFIF) and is part of the European Union’s Connecting Europe Facility (CEF)transport programme. It will make over €1.5 billion in EU grants available by the end of 2023 for alternative fuels infrastructure, including electric fast-charging and hydrogen refuelling stations on the TEN-T road network. In addition to the EIB, other private and public banks can also benefit from the facility. “We are…

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General Electric (GE) has announced a five-year, $3.5 million (£2.5m) investment in the UK as part of its global Next Engineers programme, to increase the diversity of young people entering engineering. The UK programme will be based in Staffordshire, where GE operates three sites that design, develop, and service products used throughout the power and renewable energy industries. Next Engineers aims to inspire more than 3,500 local students aged 13-18, providing first-hand experiences of engineering, and awarding financial support to pursue further education in engineering. Kevin O’Neill, President & CEO, GE UK, said: “Our growing global economy will…

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