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Lisbon, 28 May 2020: The WindFloat Atlantic project is taking one of the final steps towards becoming fully operational. The last of the three pre-assembled wind turbine platforms making up the project has left the Port of Ferrol today, heading for its final destination 20 km off the coast of Portugal…
Greencoat Capital LLP (“Greencoat”) has agreed to the acquisition of a 156 megawatt (“MW”) solar portfolio from BlackRock Real Assets (“BlackRock”) and Lightsource bp. The investment was made by Greencoat Solar II LP on behalf of a number of the UK’s largest pension funds. It will bring solar generating capacity…
Watson Farley & Williams (“WFW”) has advised REEF Development Ltd (“REEF”) on its acquisition of a 49.99 MW photovoltaic plant in Extremadura, Spain, from Viridi RE Development GmbH. The transaction was signed on 7 May 2020. Acting as transaction advisors, WFW carried out the due diligence process, the drafting and…
The technology group Wärtsilä’s capabilities in gas conversions for oil-fuelled power plants have again been recognised with a new order. Rofeica Energia, based in Barcelona, Spain, has ordered a Wärtsilä 34SG gas-fuelled engine generating set, enabling the company to secure its future in Spain’s Combined Heat and Power (CHP) market.…
Following two successful geotechnical data acquisition awards in the Taiwan offshore wind farm sector in 2020, Fugro IOVTEC Co. Ltd (Fugro IOVTEC) has secured their third offshore geotechnical site investigation project in Taiwan for the Hai Long 2 and Hai Long 3 offshore wind farms. The project will follow Fugro’s…
Multinational law firm Pinsent Masons has successfully advised Clean Growth Investment Management LLP on the establishment of a new £40 million Clean Growth Fund. The Clean Growth Fund was founded with investment from the Department of Business, Energy & Industrial Strategy (BEIS) and CCLA (one of the UK’s largest charity…
May 21, 2020 – Boulder, Colo. – A new Leaderboard Report from Guidehouse Insights evaluates the Strategy and Execution of 10 energy service companies (ESCOs), withSchneider Electric, Siemens, and Ameresco ranked as the leading market players. ESCOs are facing increased pressure to respond to changing consumer expectations and the…...
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As lockdown measures in the UK persist due to the COVID-19 pandemic, a clear knock-on effect is that people are using more energy and water at home In fact, midday energy usage is currently spiking by 30% as a result of people working, educating, feeding and entertaining themselves from home,…
At a meeting of the European Battery Alliance on Tuesday 19 May, European Investment Bank (EIB) Vice-President Andrew McDowell, confirmed the Bank’s commitment to supporting a strong, independent European battery industry. The alliance was initiated by European Commission Vice President Maroš Šefčovič in 2017, who also hosted the meeting. The…
The International Marine Contractors Association (IMCA) has confirmed the appointment of Nadine Robinson to lead the Association’s strategy on environmental sustainability. Allen Leatt, IMCA’s CEO stated: “We are delighted to welcome Nadine to the team. Following our strategic review in 2017, we established our first dedicated committee on…
