EQTEC plc (AIM: EQT), the technology solution company for biomass gasification-to-energy projects, is pleased to announce that it has signed its first equipment purchase contract with Phoenix Energy (“Phoenix”), in relation to the Company’s first power plant in California, USA. The Company previously announced on 24 September 2018 that it had signed a Memorandum of Understanding (“MOU”) with Phoenix, a California based power company, to supply its proprietary EQTEC Gasifier Technology (“EGT”) for two power plants in California, USA, expected to be valued in the region of EUR10 million. Converting the MOU into a first formal contract with Phoenix represents…

THALHEIM, Germany, Jan. 15, 2019 /PRNewswire/ — Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) (“Hanwha Q CELLS” or the “Company”), one of the largest solar cell and module manufacturers in the world, today announced that it achieved top market share in Germany’s solar module market in 2018. According to the survey titled Global PV InstallerMonitor 2018/2019 by EuPD Research, Hanwha Q CELLS cornered a larger share of module sales than any other company in Germany last year. This performance is the result of steadily targeted premium solar market in Germany, which has firmly embraced high-efficiency solar modules, and focusing on…

As one of Europe’s most strategic projects, TAP successfully completed financial close in December 2018, securing Euros 3.9 billion – the largest project finance agreed for a European infrastructure project in 2018. Luca Schieppati, TAP’s Managing Director said: “With the financial close now achieved, TAP has reached another major milestone of the project’s progress. TAP has voluntarily committed to comply with environmental and social standards required by the international financial institutions. As such, all necessary assessments to substantiate this commitment have been undertaken and met by TAP. This also included a thorough environmental and social assessment. With project financing now…

14 January 2019 – 10 million people will gain energy access following a deal between BBOXX, a next generation utility platform, and Africa Infrastructure Investment Managers (AIIM). AIIM, though its AIIF3 fund, is investing USD 31 million for a minority stake in BBOXX’s operations in Rwanda, Kenya and the Democratic Republic of Congo (DRC). The deal with AIIM – Africa’s largest and most experienced infrastructure-focused private equity fund manager and a member of Old Mutual Alternative Investments with USD 2.1 billion AUM – will allow BBOXX to install two million solar systems by 2022, bringing electricity to 10 million people…

https://youtu.be/4oaoct1NOP4

• Three month public consultation of EU Bank energy financing
• Dialogue with industry, civil society and policy bodies to better reflect energy industry trends and enhance EIB support for EU energy and climate goals
• Review of future energy lending to guide billions of future financing to sector

World-first in grid-scale pumped heat energy storage places UK at forefront of energy storage R&D, team claims. Pumped heat energy storage (PHES) shuffles heat between two tanks containing mineral gravel by means of a working gas, generally an inert gas such as argon. In storage mode, the argon is pressurised to around 12 bar, which heats it up to 500°C. The hot gas enters the top of one of the tanks (designated hot), and flows down slowly at about 3m/s, heating the particulate in the tank and itself cooling down. At the bottom of the tank, the gas is still at…

Subsea UK has today (Thursday 10 January) urged industry to embrace disruptive and enabling technologies to generate greater levels of transparency, efficiency, and performance. The call was issued as Subsea UK announced the final speaker line-up and programme for its 14th annual conference and exhibition, Subsea Expo. Europe’s largest annual subsea event will take place at the Aberdeen Exhibition and Conference Centre from 5-7 February 2019. With the theme ‘Innovating the Future’, the event aims to stimulate high-level discussions on subsea technology and the rise of digitalisation. Looking at how the latest advancements in technology are accelerating the ability to…

Energy UK’s Young Energy Professionals Forum (YEP Forum) is pleased to announce that CGI, the fifth largest independent information technology and business process services firm in the world, is renewing its sponsorship. Launched in 2013, the YEP Forum is a network aimed at promoting the next generation of energy industry professionals, providing opportunities to collaborate, develop and recognise successes. The Forum’s diverse membership now represents over 340 different companies, not all directly within the energy industry, and offers members the chance to attend free regional networking events, site visits, and panel evenings with leading industry experts. This important partnership with…

Significant acquisition consolidates Foresight’s position as a leading investor across the international renewables spectrum

• Foresight’s first wind acquisition in Germany, in partnership with KIS
• Foresight continues to grow European wind portfolio with over 150 MW of capacity acquired in last nine months