18
Sat, Aug

Top Stories

Grid List

Australian renewables firm Windlab Ltd plans to build a 400-MW wind park in Meru County, central Kenya.

French renewables firm Vergnet said  it has completed the installation phase of its four-turbine wind power project of a 1.1-MW capacity in the eastern parts of Chad.

SAN DIEGO and ATLANTIC CITY, N.J. (August 6, 2018) – EDF Renewables North America and Fishermen’s Energy, today announced the submission of a joint petition for approval of the Nautilus Offshore Wind project, located in state waters off the coast of Atlantic City. The project represents a crucial opportunity for New Jersey to gain the immediate benefit of local investment, jobs, infrastructure, and offshore experience ahead of many other states looking to capitalize on this new economy. EDF Renewables and Fishermen’s Energy will contribute to the New Jersey offshore industry and deploy capital investment to bring a first project online by 2020.

The project is expected to generate skilled offshore wind construction and operations jobs, positioning the local workforce to build gigawatts of wind projects off New Jersey’s coast and up-and-down the Atlantic coast.  These workers will be the first wave of the nearly 40,000 jobs1 that are expected to be created in the US, building the 8 GW of offshore wind that’s currently in the project pipeline.

EDF Renewables will leverage its global procurement capabilities, having supply agreements in place for more than 9 GW of onshore wind in North America throughout the past decade, precise skill, and long-term relationships with suppliers to source cost of energy leading technologies.

The application shows substantial net benefits to the state at a low cost for New Jersey electric consumers. Additionally, the companies anticipate the project will further serve to improve environmental management by providing a laboratory for testing of new avian monitoring and marine mammal sensing technologies.

New Jersey will realize considerable benefits by moving forward with a small-scale project first, similar to the benefits that New England reaped from moving forward with the Block Island project years ago. Most importantly, the project will bring valuable lessons learned that will bring down the cost of future projects and position New Jersey to capture more economic value as the state continues to develop its most abundant natural energy resource.

1 BVG Associates, LTD. (2017). U.S. Job Creation in Offshore Wind A Report for the Roadmap Project for Multi-State Cooperation on Offshore Wind(Report No. 17-22). Retrieved from Northeast Wind Center website: www.northeastwindcenter.org/wp-content/uploads/US-job-creation-in-offshore-wind.pdf

Contact

SAN DIEGO (August 1, 2018) – EDF Renewables North America announced today the signing of two Purchase and Sale Agreements (PSA) by which PGGM Infrastructure Fund will acquire a 50 percent ownership interest in the following projects: Glacier’s Edge Wind and Valentine Solar. Combined capacity of the projects is 332 megawatts (MW). Completion of the transaction is subject to regulatory approval and customary conditions precedent.

This transaction follows on an earlier agreement between the two companies concerning three projects for 588 MW. Total capacity of the portfolio (five projects in total) is 920 MW. EDF Renewables will remain a 50 percent co-owner and provide management as well as operations and maintenance services.

The agreement with EDF Renewables is part of PGGM’s fast-growing portfolio of investments in climate solutions for PFZW, the pension fund for Dutch healthcare workers. At this stage PGGM has realized €7 bn. of these investments both in private and public markets. These investments generate market rate financial returns and have measurable positive impact on the world’s carbon footprint.

Nate McMurry, director, divestiture and portfolio strategy for EDF Renewables commented, “PGGM is an ideal partner for this large portfolio of EDF Renewables developed projects. Their focus on long-term investments and interest in a diverse portfolio of wind and solar projects is well aligned with our strategy in North America. This equity partnership with PGGM will help to facilitate EDF Renewables growth.”

Erik van de Brake, head of infrastructure at PGGM commented, “EDF Renewables has a long track record of successful investments in the American sustainable energy market. The PGGM Infrastructure Fund is looking forward to building a strong long-term partnership with EDF Renewables.’’

EDF Renewables is one of the largest renewable energy developers in North America with 10 gigawatts of wind, solar, storage, biomass and biogas projects developed throughout the U.S., Canada, and Mexico.

Contact

EDF Renewables North America Signs Agreement with MidAmerican Energy | EDF Renewables

SAN DIEGO and DES MOINES, Iowa (July 24, 2018) – EDF Renewables North America today announced they have closed on an Asset Purchase Agreement (APA) whereby MidAmerican Energy Company has purchased the development assets associated with the Ivester Wind Project. The proposed 91-megawatt (MW) wind project encompasses nearly 7,000 acres of land in Grundy County, approximately 85 miles northeast of Des Moines, Iowa.

Kate O’Hair, vice president of development for EDF Renewables’ North Region stated, “We are pleased to once again work with MidAmerican Energy to assist them in meeting their renewable energy goals. This opportunity expands on our long-term business relationship having partnered on 771 MW of wind facilities in Iowa.”

The transaction contributes to MidAmerican Energy’s 2,000 MW Wind XI project, first announced in April 2016. By year-end 2020, the company expects annual renewable energy generation to reach a level that’s equivalent to more than 90% of annual retail customer usage.

O’Hair further added, “The development of renewable energy is a critically important task for the nation and for local rural communities. We applaud MidAmerican Energy for their vision and commitment to construct additional wind energy generation and allow economic and environmental benefits to preserve the rural Iowa lifestyle.”

The national committee on transmission is expected to take a call on Friday on the proposed Rs 393-crore schemes to improve electricity evacuation infrastructure in Gujarat and Tamil Nadu.

Mytrah won to set up a 100 MW capacity in the state with a tariff of ₹2.86

  1. Last 4 years have been path-breaking in India’s renewable energy landscape.
  1. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered.

  • Salitrillos, Enel’s first plant in Tamaulipas, will be able to generate around 400 GWh each year 
  • The investment in the construction of the facility amounts to approx. 120 million US dollars 

Wind Sail Receptor, Inc. is pleased to announce that the best windmill in the world is for sale.

Sign up via our free email subscription service to receive notifications when new information is available.