The power industry briefing
The latest news, trends and data you need to know about this month
News in Numbers
American Electric Power has agreed to sell its 1.4GW portfolio of renewable assets to IRG Acquisition Holdings.
DIF Capital Partners and Ib Vogt have agreed to acquire a 100% stake in a 720MW solar and battery project portfolio in the UK.
Galileo and Hope Group have created a JV named Lupiae Maris, which was founded to develop a 525MW wind farm in Apulia, Italy, offshore from Brindisi and Lecce.
TotalEnergies has signed 260MW corporate power purchase agreements with Sasol and Air Liquide Large Industries in South Africa.
Engie has partnered with Ecoppia to optimise production at its 181.25MW Coya solar PV plant in Chile.
Energy companies RWE and Northland Power have selected Danish wind turbine manufacturer Vestas as the preferred turbine supplier for their Nordseecluster wind project in Germany.
The 1.6GW Nordseecluster project comprises four offshore wind sites located in the German North Sea, north of the island of Juist. Vestas will provide 104 of its V236-15.0MW offshore wind turbines for the project subject to a final investment decision.
Spanish energy company Repsol has agreed to acquire a 250MW renewable portfolio in Spain from ABO Wind.
Located in Palencia, the portfolio includes three wind farms with 150MW of combined capacity, as well as two solar facilities with a total capacity of 100MW. Under the agreement, ABO Wind will be responsible for developing these projects for Repsol.
Spanish renewable energy firm BlueFloat Energy has unveiled plans to develop Eastern Rise, a 1.7GW floating offshore wind facility in Australia.
The floating wind farm will be built in a proposed offshore wind zone in the Hunter Region, which had been announced by Climate Change and Energy Minister Chris Bowen.
British power company Boom Power has secured a 237.5MWac import and export grid connection for the Thorpe Marsh Power Station in Doncaster, South Yorkshire.
The company plans to build a solar power plant that will be coupled with battery energy storage systems and classified as a Nationally Significant Infrastructure Project by the UK government. It is currently exploring the land area for this project locally and carrying out feasibility studies to inform the scheme.
Europe’s first commercial green steel plant to open in Sweden
H2 Green Steel has started production at Europe’s first green steel plant in Boden, northern Sweden. Using hydrogen to replace coal, the company hopes to roll out the first batches of steel by 2025.
The green steel will be created by using hydrogen to react with iron ore, producing only water vapour. H2 Green Steel will produce its own green hydrogen using water from a nearby river.
The electricity required for electrolysis and the running of the plant will be provided by nearby renewable resources including hydropower from the Lule river and wind parks in the region. The process promises to cut emissions by 95% when compared with traditional steelmaking.
Read more: Power Technology