The power industry briefing
The latest news, trends, and data you need to know about this month
News in Numbers
€1.8bn
Iberdrola and Fertiberia have announced a partnership that is expected to see the installation of 800MW of green hydrogen production capacity, with an investment of €1.8bn over seven years.
€100bn
EIT InnoEnergy has announced the launch of a new initiative that aims to develop a €100bn a year green hydrogen economy for Europe by 2025.
2050
Japan’s Prime Minister Yoshihide Suga has announced the country’s ambition to achieve net-zero greenhouse gas emissions and become carbon-neutral by 2050.
460
Global renewable energy producer Neoen has secured financing for its 460MWp Western Downs Green Power Hub in Australia.
A$36bn
The Australian Government has granted ‘major project status’ to the proposed Asian Renewable Energy Hub, an A$36bn ($25.7bn) wind and solar project.
Project updates
US-based renewable energy company Scout Clean Energy has enhanced its operational wind portfolio with the completion of 130MW Bitter Ridge Wind Farm in Jay County, Indiana.
The European Marine Energy Centre Orkney, Scotland and Perpetuus Tidal Energy Centre have partnered to develop large-scale tidal energy site off the Isle of Wight, England.
US firm Ecolab has successfully used mixed reality to improve the cooling systems of what it calls “one of the largest independent midstream energy infrastructure companies in the US”.
Solar project developer and operator ReneSola Power has entered a strategic partnership agreement with Novergy to develop utility-scale solar projects in the UK.
Ireland-based Mainstream Renewable Power and Advance Information Technologies have agreed to develop a 500MW offshore wind project in Vietnam.
Further reading
The innovations and organisations behind two US microgrids
As renewable energy generation grows, electricity grids have needed to adapt. Increasingly, smaller-scale generation has allowed communities to set up their own small electricity networks, called microgrids. These promise secure energy supplies, as well as an opportunity for people to invest in their own energy future.
In the US, this can mean less risk exposure to sever weather events, when utilities could take a long time to reach remote communities.
Read more: Power-Technology
