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OMNI Features|Urgent Need for Grid Expansion in the U.K. to Achieve Net Zero Carbon Goals / Bloomberg Warning - Czech Automobile Industry May Follow in Detroit's Footsteps / Taipei and Kaohsiung Issue Government Sustainable Bonds for MRT Construction
Jan. 12 2024
OMNI Features|Urgent Need for Grid Expansion in the U.K. to Achieve Net Zero Carbon Goals / Bloomberg Warning - Czech Automobile Industry May Follow in Detroit's Footsteps / Taipei and Kaohsiung Issue Government Sustainable Bonds for MRT Construction
The U.K.'s electricity grid has long been one of the world's most stable and clean grids, with 2022 CO2 emissions one-third less than Germany's grid. According to Guy Newey of Energy Systems Catapult, this results from liberalization and privatization. However, despite its efficient performance, the grid has recently come under the political agenda due to decarbonization requirements and climate change mitigation.
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BlackRock Acquire Global Infrastructure Partners (GIP) Creating a World Leading Infrastructure Private Markets Investment Platform
Jan. 12 2024
BlackRock Acquire Global Infrastructure Partners (GIP) Creating a World Leading Infrastructure Private Markets Investment Platform
BlackRock, Inc. and Global Infrastructure Partners (GIP) jointly announce that they have entered into an agreement for BlackRock to acquire GIP for total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common stock.
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Mining billionaire Andrew Forrest has revealed a $2.75 billion alliance with GE Vernova for wind turbine supply
Jan. 12 2024
Mining billionaire Andrew Forrest has revealed a $2.75 billion alliance with GE Vernova for wind turbine supply
Mining billionaire Andrew Forrest has revealed a $2.75 billion alliance with GE Vernova for wind turbine supply. Australia is aiming to have 82% of the national electricity grid powered by renewable energy by 2030. Squadron Energy Thursday officially started work on the Uungula Wind Farm, the largest wind farm being built in New South Wales.
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OMNI Features|Germany's Carbon Credit Revenue Contributing €18.4 billion in 2023 / Carbon Credit Sales Aid Rainforest and Indigenous in Great Bear Rainforest / Taipower's Green Energy Direct Supply Sees a 50% Increase
Jan. 11 2024
OMNI Features|Germany's Carbon Credit Revenue Contributing €18.4 billion in 2023 / Carbon Credit Sales Aid Rainforest and Indigenous in Great Bear Rainforest / Taipower's Green Energy Direct Supply Sees a 50% Increase
Germany's government has achieved a new record in revenue from carbon credit sales, contributing €18.4 billion (approximately NT$620 billion) to the national treasury in 2023. This substantial sum will be allocated for the transformation towards a low-carbon economy.
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Eolmed Floating Wind Farm Starts Taking Shape in Mediterranean Sea
Jan. 11 2024
Eolmed Floating Wind Farm Starts Taking Shape in Mediterranean Sea
Bourbon Subsea Services has successfully installed a Floating Electrical Hub (FEH)[1] at the Eolmed floating offshore wind farm in southern France, marking the completion of the initial phase of the 30 MW project. The FEH, connected to three 10 MW-rated Vestas wind turbines, is expected to generate over 110 million kWh/year by 2025, meeting the energy needs of 50,000 residents.
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OMNI Features|Eurus Energy Starts Partial Operation of "Ashikawa Wind Farm", Japan's Largest Onshore Wind Farm / Sumitomo Eyes Biodiesel Mass Production in Japan for Decarbonization
Jan. 10 2024
OMNI Features|Eurus Energy Starts Partial Operation of "Ashikawa Wind Farm", Japan's Largest Onshore Wind Farm / Sumitomo Eyes Biodiesel Mass Production in Japan for Decarbonization
Eurus Energy Holdings Corporation (Eurus Energy) announced today that Dohoku Wind Farm LLC, a group company of Eurus Energy, has completed construction of the north section (capacity: 68.8 MW) of the “Ashikawa Wind Farm” (capacity: 128.8 MW) in Toyotomi Town, Hokkaido, and its commencement of commercial operation on January 4, 2024. When the south section is completed, the “Ashikawa Wind Farm” will be the largest onshore wind farm in Japan.
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OMNI Features|Nordex lands 106 MW order in Spain / Biorefinery Östrand entered into an agreement with CINEA / Taiwan Ministry of Finance Unleashes State-Owned Lands to Boost Green Energy
Jan. 09 2024
OMNI Features|Nordex lands 106 MW order in Spain / Biorefinery Östrand entered into an agreement with CINEA / Taiwan Ministry of Finance Unleashes State-Owned Lands to Boost Green Energy
German wind turbine manufacturer Nordex has received an order for 106 megawatts (MW) from Capital Energy in Spain, the company has announced. The agreement covers 18 N163/5.X turbines for the Mareas I & II wind farm. They will be delivered in spring 2025 and are expected to be operational in June of the same year. The agreement also includes a 20-year service agreement. The Mareas I & II wind farm is located near Mequinenza in the province of Zaragoza.
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JERA and GPI officially announce the Commissioning of Ishikari Bay New Port Offshore Wind Farm
Jan. 08 2024
JERA and GPI officially announce the Commissioning of Ishikari Bay New Port Offshore Wind Farm
On 1 January 2024, JERA Co., Inc. (JERA) and Green Power Investment Corporation (GPI) began operations at the Ishikari Bay New Port Offshore Wind Farm—the largest commercial wind farm in Japan and the first in Japan to adopt large 8,000 kW wind turbines—which they own through Green Power Ishikari GK, a special-purpose corporation (SPC) [1].
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OMNI Features|Equinor, BP Cancel New York Offshore Wind Contract / Aker Solutions plans to pilot world's first subsea power distribution system for floating offshore wind at METCentre / Pattern Energy Group secures a $11 billion financing to fully engage in clean energy construction in the United States / Alfanar, Juniper Green and EDF Renewables Win GUVNL's 500 MW Wind Auction
Jan. 05 2024
OMNI Features|Equinor, BP Cancel New York Offshore Wind Contract / Aker Solutions plans to pilot world's first subsea power distribution system for floating offshore wind at METCentre / Pattern Energy Group secures a $11 billion financing to fully engage in clean energy construction in the United States / Alfanar, Juniper Green and EDF Renewables Win GUVNL's 500 MW Wind Auction
European energy firms Equinor and BP terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues. "This agreement reflects changed economic circumstances on an industry-wide scale and repositions an already mature project to continue development in anticipation of new offtake opportunities," Equinor said in a statement on 3rd Jan, in an apparent reference to a new offshore wind solicitation launched by New York in November. The solicitation allows companies to exit old contracts and re-offer projects at higher prices. The winners of an expedited solicitation for offshore wind will be announced in February.