Volvo Group and Daimler Truck AG fully committed to hydrogen-based fuel-cells – launch of new joint venture cellcentric
Gothenburg, Sweden / Stuttgart, Germany – Today, two leaders of the commercial vehicle industry – Daimler Truck AG and Volvo Group – officially outlined their pioneering roadmap for the new fuel-cell joint venture cellcentric, as part of an industry-first commitment to accelerate the use of hydrogen-based fuel cells for long-haul trucks and beyond. With the ambition of becoming a leading global manufacturer of fuel-cell systems, cellcentric will build one of Europe’s largest planned series produ...
Neste to enable production of up to 500,000 tons/a of Sustainable Aviation Fuel at its Rotterdam renewable products refinery
Neste, the world's leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, will modify its existing renewables production capacity in Rotterdam, the Netherlands, to enable production of Sustainable Aviation Fuel (SAF). Currently the refinery produces mainly Neste MY Renewable Diesel™. The modifications to the refinery, an investment of approximately EUR 190 million, will enable Neste to optionally produce up to 500,000 tons of SAF per ann...
New Study by Leading Renewables Consultant ArcVera Shows Texas Icing Event Led to Over $4 Billion Financial Loss for Wind Farms
PHOTO CREDIT - Karsten-Wurth - A Wind Farm in Winter Study points to shortcomings in the hedged financial structures, with asymmetric price risk leading to significant losses for wind farm operators and gains for counterparties. Significant implications for future wind farms and ERCOT planning are described in the study. ArcVera Renewables, a leading international provider of consulting and technical services for wind, solar, and storage projects, today publishes its report...
RP Global and Tartessos power development partner up to develop a 300 MWp solar project in Spain
Spanish project developer Tartessos concludes a service agreement with RP Global as the two renewable energy companies set out to develop a 300 MWp PV project together in the Castilla-León region in Spain. “RP Global is a recognised international player with over 35 years of experience in the market and a well-established team of development experts. This makes RP Global a great fit for us”, says Dr. Rainer Kistner, Managing Partner of Tartessos Power Development. The land for the 300 MWp...
Tokyo Gas America Selects Origis Services to Manage Its 500 MWac Aktina Solar Project in Texas
The 500 MWac Aktina Solar project in Wharton County, Texas is the first solar asset for Tokyo Gas America in the U.S. Located near the Houston load center, Aktina is slated to be brought online in blocks starting in mid-2021 and will deliver power to the Electric Reliability Council of Texas (ERCOT). The solar farm spans 4,000 acres, utilizing approximately 1.4 million solar modules. AUSTIN, TX – Origis Services today announced its selection by Tokyo Gas America Ltd. to manage the firm’s...
Skanska builds substation at Kollsnes, Norway, for NOK 390M, about SEK 380M
Skanska has signed a contract with the energy company Equinor on the construction of a substation at Kollsnes, Norway. The contract is worth NOK 390M, about SEK 380M, and will be included in the Nordic order bookings for the second quarter 2021. The contract is a part of the Troll West electrification project that includes partial electrification of the Troll B platform and full electrification of Troll C in the North Sea. This means that both platforms’ power demand will be met from shore. T...
Decarbonization startups raise hope for corporate sustainability, says GlobalData
Given the far-ranging environmental and health effects of greenhouse gases, achieving net-zero emissions (net-zero global economy by 2050) has emerged as the top agenda for countries and corporates. Against the backdrop, decarbonatization startups give a new lease of life to corporates by enabling them to align with sustainable development goals (SDGs), says GlobalData, a leading data and analytics company. Kiran Raj, Principal Disruptive Tech Analyst at GlobalData, comments: “While the scale...
Earth Day: Great Opportunity to Zero in on the Infrastructure Changes Needed for the Transformation of the Energy Sector
Energy Efficiency, Renewables and Flexible Grid Management Key to a Strong 21st Century Economy Washington, D.C. — Today, Earth Day, the Consumer Federation of America released a new report, Building a 21st Century Electricity Sector With Efficiency, Distributed Resources and Dynamic Management, outlining the economic, environmental and health benefits of transforming the nation’s energy sector. “This sector will be the core of the 21st century economy based on efficiency and renewable...
RINA Supports SUSI Partners in UK Renewables
Brighton, 15 April 2021 – RINA is proud to have supported SUSI Partners, a private fund manager for sustainable infrastructure investments, in completing the acquisition of four lithium-ion battery storage assets in the UK. The total portfolio is comprised of four assets totalling 90 MW. RINA provided full technical due diligence along with assistance during the procurement. The deals, which were completed under challenging timeframes, required a flexible approach and close cooperation with SUSI...
Neste and Finnair present Sustainable Aviation Fuel based solution to reduce business travel emissions
Neste and Finnair are joining forces to reduce carbon emissions related to Neste employees’ business travel by using Sustainable Aviation Fuel (SAF). Neste has recently made 300 tons of Neste MY Sustainable Aviation Fuel™ available at Helsinki Airport in Finland for Finnair’s use. By replacing a part of the fossil jet fuel with SAF on its flights departing from Helsinki Airport, Finnair will reduce its greenhouse gas emissions by 900 tons of CO2 equivalent. This represents a significant share of...