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PIF’s Wholly-owned Company Badeel and ACWA Power Invest SAR12.2 Billion into Three New Solar Projects in Saudi Arabia

May 24, 2023 - in Energy, Renewables

Projects intend to produce a combined capacity of 4.55GWac, powering approximately 750,000 households Projects mark an important milestone for the National Renewable Energy Program, which is supervised by Ministry of Energy PIF is mandated to develop 70% of…

NEOM Green Hydrogen Company completes financial close at a total investment value of USD 8.4 billion in the world’s largest carbon-free green hydrogen plant

May 23, 2023 - in Energy, Renewables

NEOM Green Hydrogen Company is an equal joint venture by ACWA Power, Air Products and NEOM, building the world’s largest green hydrogen plant to produce…

POLYTECHNIK supplies technology for the largest industrial torrefaction plant in Europe

May 15, 2023 - in Energy, News, Renewables

Finnish company Joensuu Biocoal Oy will use innovative technology from Austria to produce renewable alternatives to fossil coal. The pioneering project…

ABB collaborates with Lhyfe and Skyborn on one of Europe’s largest renewable hydrogen projects

May 9, 2023 - in News, Projects, Renewables

Together with Lhyfe and Skyborn, ABB will drive large-scale integration of production of offshore wind renewable hydrogen into the energy system in the SoutH2Port project. Powered by Skyborn’s planned Storgrundet offshore wind farm, the plant in Söderhamn,…

Nexans awarded its largest agreement in history to support energy transition in Europe with TenneT

May 9, 2023 - in Electric Grid, Energy, News

Nexans awarded frame agreement by TenneT for turnkey high voltage direct current projects for offshore wind farms The agreement includes an initial commitment for three grid connection projects of an initial value of 1.7bn EUR for cables and installation only…

Seven Developers Unite in a Coalition Supporting Subsea Transmission Corridor Connecting New England to Atlantic Canada: White Paper Identifies Nearly $1 Billion Annual Benefit to Consumers

May 5, 2023 - in Energy, Renewables

Boston, Massachusetts and Halifax, Nova Scotia-- A cross-border coalition of seven developers of offshore wind, green hydrogen, and power transmission solutions has formed to call for greater offshore wind collaboration between the United States and Canada.…

Low carbon hydrogen to play defining role in energy transition, says GlobalData

May 4, 2023 - in Energy, News

The hydrogen market has progressed rapidly in recent years due to its growing application in industries like the transport, industrial, energy, aerospace, defence, and construction sectors. Against this backdrop, low carbon hydrogen is gaining traction as…

Nexans launches the first low-carbon power grid cable offering in France

May 3, 2023 - in Electric Grid, Energy

The first range of low-carbon power grid cables available on the French market guarantees a minimum 35% reduction in greenhouse gas emissions compared to standard cables This offer is built on the guaranteed use of low-carbon aluminium and recycled plastic,…

Danfoss to Power All North America Facilities with Solar Energy by 2025

May 2, 2023 - in Energy, News, Renewables

Danfoss Solar project: L to R: Rodney Mumm, head of Danfoss Global Services in North America; Soren Revsbech Dam, Head of ESG, Global Services Real Estate; and Leart Berisa, Category Manager, Global Services are excited to announce the solar power purchase…

TECO 2030 Starts Manual Production of Fuel Cell Stacks

May 1, 2023 - in Energy, News

NARVIK, Norway - TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516), a leading supplier of fuel cell technology, has announced the start of manual fuel cell stack production at its Innovation Center in Narvik, Norway. The manual production of fuel cell…