As a new infographic from Block-Builders.net shows, there have recently been many signs of progress in the field of hydrogen technology. For example, the price of green hydrogen has fallen by 50% since 2015. Forecasts indicate that it will fall by a further 30% by 2025. There are also signs of a paradigm shift in the purchase price of hydrogen-powered cars. For example, the German Aerospace Centre (DLR) has developed a low-cost model which could be sold for around €15,000. The average purchase price for a conventional new car in Germany currently stands at €33,580. One obstacle to widespread mobility applications…
Author: @WoRenewables
@WoRenewables
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Magnetic materials are key to producing electric vehicles. Many of the electric vehicles on the market use kilograms of magnetic materials to drive their electric motors. In fact, over 80% of electric cars sold globally utilized permanent magnet-based motors in 2019. These magnets are typically made with rare-earth materials such as neodymium and dysprosium, which have a very geographically constrained supply chain. China accounts for the vast majority of rare-earth production worldwide and this has, in the past, led to huge price volatility. In 2011, after China restricted its exports of rare-earths, the price of neodymium and dysprosium rose by…
The 500MW Wambo Wind Farm project has secured planning approval from the Queensland state government. The project, located in south-west Queensland, 20km north-east of Jandowae, will comprise up to 110 wind turbines and a 50MW/200MWh battery storage and associated infrastructure. The project is being jointly developed by Cubico Sustainable Investments (Cubico), a long-term owner and operator of renewable energy assets, and Renewable Energy Partners. David Smith, Head of Australia at Cubico, said: “We are pleased to be developing a renewable energy project of this quality and scale that will assist the Queensland government in moving towards its target of 50%…
Electricity generators across the South East and East of England are being urged to claim thousands of pounds in grants to help boost local energy output – before the next funding window closes on 10 November. Funding is on offer to electricity generators that were connected before February 2018 to upgrade the hardware that connects to the network, in a move that will also provide a boost to renewable energy generators, by helping them export more energy onto the network. All distributed generation could be impacted by this change, ranging from large wind and solar farms to office complexes or…
The 2.4 MW/2.4 MWh energy storage system (ESS) supplied by the technology group Wärtsilä for Sunseap Energy Ventures of Singapore under an engineering, procurement and construction (EPC) contract has been installed. The ESS facility is a test-bed supported by Singapore’s Energy Market Authority (EMA) and SP Group, a leading energy utilities company in Asia Pacific and it represents an important milestone in Singapore’s energy transition towards a low-carbon energy future. This is the first utility-scale ESS in Singapore. It features Wärtsilä’s GEMS advanced energy management platform, as well as the company’s GridSolv Max solution, a standardised energy storage technology designed…
RES has agreed 10-year extensions to five UK asset management contracts with Aviva Investors. Aviva Investors, the global asset management business of Aviva plc, has agreed to extend its partnership with RES, the world’s largest independent renewable energy company, for five wind farms across the UK, all of which are around three years old. Comprising Turncole in Essex, Woolley Hill in Cambridgeshire, Den Brook in Devon, Minnygap in Dumfries and Galloway, and Jack’s Lane in Norfolk, the contracts cover 85.5 MW of capacity, generating enough energy to power the equivalent of 29 million mobile phones for a whole year. Darren…
Operators of renewable energy schemes are at risk of significant financial losses due to being underinsured, warned an insurance specialist. In recent years, the renewable energy sector has grown at an exponential rate, thanks largely to technological advancements, governmental incentives and increased affordability. With PM Boris Johnson recently announcing that every home in the UK will be powered by electricity from offshore wind farms within a decade, this upward trend shows no signs of slowing. There are a raft of options available to those looking to launch a green energy project, from anaerobic digestion (AD) and hydroelectric schemes to wind,…
The Board of The Renewables Infrastructure Group Limited (“TRIG”) is pleased to announce that the Company has acquired a 100% interest in Haut Vannier SAS (“Haut Vannier” or “the Project”), with the rights to construct a 43MW wind farm located in Haute-Marne, approximately 65km northeast of the city of Dijon in France. The Project has been developed by Envision and Velocita, who will continue to carry out the construction, and will consist of 17 Envision 2.5MW E-131 turbines. Construction is underway and the Project is expected to commence operations in Q1 2022. RES will provide asset owner engineer services during…
Azelio has signed a Memorandum of Understanding (MoU) with Morocco based JET ENERGY to explore energy storage projects with Azelio’s TES.POD in Francophone Africa. The collaboration targets approximately 45 MW capacity of the TES.POD until 2025, with JET ENERGY as project developer. In addition to this MoU, the parties anticipate an extended project pipeline once the first projects are initiated. After cooperating for the installation of Azelio’s verification project in Morocco, JET ENERGY and Azelio are teaming up with the signing of a MoU to develop renewable energy projects in Morocco in particular, and in Francophone Africa in general. The…
The Electric Nation Vehicle to Grid (V2G) trial, a project of Western Power Distribution (WPD) and CrowdCharge that will demonstrate how electric vehicles (EVs) can provide V2G services, has announced Flexitricity as its first energy partner. Flexitricity aggregates lots of distributed power generators as well as sites which consume power, in order to balance the load on the electricity grid. The EVs that are part of the Electric Nation trial will be used to put power back into the electricity grid when required and will be charged during periods of excess supply in the system. Flexitricity is the pioneer of customer-side flexibility in…
