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  • ORE Catapult seals UK-China offshore wind R&D co-operation

    UK government-industry body the Offshore Renewable Energy (ORE) Catapult has brokered a deal with China’s Tus-Wind and TusPark Newcastle to advance offshore wind technology co-operation between the two nations, providing a potential springboard for British companies into the region’s fast-growing market. The deal will set the cornerstone for a UK-China Technology Growth Accelerator to shepherd ne

    Wind  rechargenews.com 21 minutes old Darius Snieckus in London

    Vattenfall bids in Dutch zero-subsidy offshore wind auction

    Vattenfall confirmed itself as a bidder in the tender for 700MW of offshore wind power launched by the Dutch government. The Swedish energy group said it has entered the running for the Hollandse Kust South 1 & 2 zone, for which bids have to be lodged with the Netherlands today. In an industry-first, the Dutch government decided to give subsidy-free bidders first crack at the auction for the twi

    Wind  rechargenews.com 2 hours old Andrew Lee

    Vestas joins Sweden's Northvolt for lithium-ion battery R&D

    Vestas will forge a partnership with Swedish technology start-up Northvolt to develop a lithium-ion battery platform, as the turbine OEM deepens its ties with a battery storage sector it says will play an increasingly significant role in the wind industry’s future. Vestas will invest an initial €10m ($11.8m) in a joint seven-year R&D push to develop systems that can “integrate battery storage sol

    Transition  rechargenews.com 3 hours old Andrew Lee

    Canada's CPP IB and Votorantim start Brazil JV with 565MW

    Canada Pension Plan Investment Board (CPP IB) will enter the Brazilian wind sector in a joint venture with local industrial group Votorantim that will initially buy 565MW of operating capacity and plans to invest more than $900m over time. CPP IB – which manages Canada’s largest public pension fund – will contribute an initial C$272m ($213m) to the JV with Votorantim Energia, the energy unit of V

    Wind  rechargenews.com 3 hours old Andrew Lee

    Equitix buys Statkraft's 40% Sheringham Shoal share for $749m

    UK investment group Equitix has bought a 40% stake in the UK’s Sheringham Shoal from Statkraft, one of two North Sea offshore wind assets the Norwegian utility is selling as it exits the sector. Infrastructure investor Equitix will pay £558m ($749m) for Statkraft’s stake in Sheringham Shoal, a 317MW project operating since 2012. The wind farm is operated by Norwegian oil group Statoil, which als

    Wind  rechargenews.com 4 hours old Andrew Lee

    BP blasts back into solar with $200m Lightsource stake

    Oil major BP will return to the solar sector after six years by spending $200m for a 43% stake in PV developer Lightsource. The UK-based developer – which will become BP Lightsource – will leverage BP’s global heft to “focus on grid-connected plants and corporate power purchase agreements (PPAs) signed with private companies”, said a statement. Lightsource has successfully developed 1.3GW of sol

    Transition  rechargenews.com 5 hours old Andrew Lee in London

    Invenergy seals Illinois wind project construction financing

    Chicago-based Invenergy has completed construction financing for its 132MW Bishop Hill wind project in northwestern Illinois scheduled to enter commercial operation by mid-2018. Rabobank and NORD/LB acted as joint lead arrangers for the construction loan. Rabobank also acted as administrative agent and provided a letter of credit facility in support of the project. In August, the company anno

    Wind  rechargenews.com 17 hours old Richard A. Kessler in Fort Worth

    Solar developers face tight module market in 2018: IHS

    Despite significant policy uncertainty in the key US and Indian markets, global solar installations are expected to surge to a record 108GW in 2018, according to IHS Markit – in what would be the first time any renewable technology has cracked 100GW in a given year. That’s up from a projected 93GW of new solar installations in 2017, itself a new record, the market researcher tells Recharge. In a

    Solar  rechargenews.com 21 hours old Karl-Erik Stromsta in New York

    Simec Energy and Atlantis to form global renewables combine

    International energy services outfit Simec Energy has inked a ‘reverse takeover’ deal with tidal power pioneer Atlantis Resources to create a new global renewables player, Simec Atlantis Energy. Through the agreement, Simec, part of the GFG Alliance, will transfer ownership of its 363MW Uskmouth power station in South Wales — being converted into an end-of-waste biomass plant — in exchange for a

    Transition  rechargenews.com 22 hours old Darius Snieckus in London

    Vestas to merge Central and Northern Europe sales units

    Vestas on 1 January will merge its sales business units (SBU) for Northern Europe and Central Europe, as part of what the Danish wind turbine manufacturer says is its ambition to grow faster than an increasingly competitive market The newly-merged SBU will be headquartered in Hamburg – already the base of the Central Europe unit – and be headed by Nils de Baar, who has been leading the SBU Centra

    Wind  rechargenews.com 24 hours old Bernd Radowitz in Berlin