New News information at Modern Power Systems New and updated information from News listed on www.modernpowersystems.com http://www.modernpowersystems.com/ en-us http://www.modernpowersystems.com/ New News information at Modern Power Systems http://www.modernpowersystems.com/content/images/logo_big.gif European Hydrogen Bank auction to provide €720 m in grants http://www.modernpowersystems.com/news/newseuropean-hydrogen-bank-auction-to-provide-720-m-in-grants-11746869 http://www.modernpowersystems.com/news/newseuropean-hydrogen-bank-auction-to-provide-720-m-in-grants-11746869 by <br/> <br/> The European Commission is awarding nearly €720 million to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank. The funds for this auction come from the revenues of the EU Emissions Trading System. The winning bidders will produce renewable hydrogen in Europe and will receive a subsidy to bridge the price difference between their production costs and the market price for hydrogen, which is currently driven by non-renewable producers. The European Hydrogen Bank is therefore contributing to the scale-up of cleaner fuels which will contribute to the decarbonisation of European industry. The renewable hydrogen they produce will be used in sectors such as steel, chemicals, maritime transport and fertilisers. Tue, 07 May 2024 19:43:00 GMT AMEA signs 20-year PPA for 120 MW solar project http://www.modernpowersystems.com/news/newsamea-signs-20-year-ppa-for-120-mw-solar-project-11746868 http://www.modernpowersystems.com/news/newsamea-signs-20-year-ppa-for-120-mw-solar-project-11746868 by <br/> <br/> AMEA Power, with local partners, has announced the signing of a 20-year power purchase agreement with South African utility Eskom for the 120 MW Doornhoek solar photovoltaic project. The project was awarded through the Renewable Energy Independent Power Producer Procurement (REIPPP). The agreement marks AMEA Power’s strategic entry into the country’s rapidly growing renewable energy market. The project will provide an estimated 325 GWh of clean energy per annum and offset 290 000 tonnes of carbon emissions. Tue, 07 May 2024 19:42:00 GMT CIP and Uniper in hydrogen partnership http://www.modernpowersystems.com/news/newscip-and-uniper-in-hydrogen-partnership-11746858 http://www.modernpowersystems.com/news/newscip-and-uniper-in-hydrogen-partnership-11746858 by <br/> <br/> Copenhagen Infrastructure Partners, through its Energy Transition Fund, has signed a memorandum of understanding with Uniper to strengthen collaboration on bringing green hydrogen from CIP’s HØST PtX Esbjerg project to Germany. Tue, 07 May 2024 19:18:00 GMT Desert View power plant is shut down – for now http://www.modernpowersystems.com/news/newsdesert-view-power-plant-is-shut-down-for-now-11746775 http://www.modernpowersystems.com/news/newsdesert-view-power-plant-is-shut-down-for-now-11746775 by <br/> <br/> Following reviews by the Environmental Protection Agency, which found that the Desert View power plant in southern California had repeatedly emitted illegally high levels of mercury and other dangerous pollutants in the eastern Coachella Valley, its operator Greenleaf announced that the plant will immediately pause its operations as it seeks a path forward. Tue, 07 May 2024 19:03:00 GMT Masdar and Bapco to develop 2 GW of wind projects in Bahrain http://www.modernpowersystems.com/news/newsmasdar-and-bapco-to-develop-2-gw-of-wind-projects-in-bahrain-11746096 http://www.modernpowersystems.com/news/newsmasdar-and-bapco-to-develop-2-gw-of-wind-projects-in-bahrain-11746096 by <br/> <br/> Abu Dhabi Future Energy Company PJSC – aka Masdar – on 1 May signed an agreement with Bapco Energies, the integrated energy company prominently active in the energy transition of the Kingdom of Bahrain, to jointly explore the development and investment in wind projects in the country with a capacity of up to 2 GW. Tue, 07 May 2024 16:35:00 GMT GE Vernova signs 850 MW aeroderivative contract http://www.modernpowersystems.com/news/newsge-vernova-signs-850-mw-aeroderivative-contract-11746043 http://www.modernpowersystems.com/news/newsge-vernova-signs-850-mw-aeroderivative-contract-11746043 by <br/> <br/> GE Vernova on 26 April announced it has secured an order for 16 of its aeroderivative LM6000VELOX package solutions, each including an LM6000 gas turbine and a generator, to be installed at Tennessee Valley Authority’s Kingston Energy Complex on the Clinch River arm of Watts Bar Reservoir near Kingston, Tennessee. The new units are expected to deliver a flexible supply of up to 850 MWe to help enhance the reliability of the energy grid. Tue, 07 May 2024 16:23:00 GMT National Grid launches its ‘Great Grid Partnership’ http://www.modernpowersystems.com/news/newsnational-grid-launches-its-great-grid-partnership-11745983 http://www.modernpowersystems.com/news/newsnational-grid-launches-its-great-grid-partnership-11745983 by <br/> <br/> National Grid has launched a pioneering ‘enterprise model’ as a response to UK supply chain and skills shortage, announcing the first seven supply chain partners to form the Great Grid Partnership. Tue, 07 May 2024 16:14:00 GMT East Anglia 3 converter station goes to sea http://www.modernpowersystems.com/news/newseast-anglia-3-converter-station-goes-to-sea-11745933 http://www.modernpowersystems.com/news/newseast-anglia-3-converter-station-goes-to-sea-11745933 by <br/> <br/> The offshore converter station for ScottishPower Renewables’ biggest-ever windfarm, East Anglia 3, has taken to the water for the first time as it heads to Norway to complete its construction. Weighing in at several thousand tonnes, the seven-storey structure – which is 68 m long, 34 m wide and 44 m high – was sailed out from the Damen yard in Mangalia, Romania on board the heavy transport vessel, Bigroll Beaufort, on 25 April. Tue, 07 May 2024 16:05:00 GMT €4.5 bn contract to construct DC platforms and converter stations off Normandy http://www.modernpowersystems.com/news/news45-bn-contract-to-construct-dc-platforms-and-converter-stations-off-normandy-11745924 http://www.modernpowersystems.com/news/news45-bn-contract-to-construct-dc-platforms-and-converter-stations-off-normandy-11745924 by <br/> <br/> French TSO RTE and the Chantiers de l’Atlantique – Hitachi Energy consortium have reached an agreement for the construction of the first offshore direct current platforms and onshore converter stations for the Normandy (Centre Manche 1 & 2) and Oléron Island offshore wind farms. Tue, 07 May 2024 15:59:00 GMT Mott MacDonald completes Thai CCS feasibility study http://www.modernpowersystems.com/news/newsmott-macdonald-completes-thai-ccs-feasibility-study-11745904 http://www.modernpowersystems.com/news/newsmott-macdonald-completes-thai-ccs-feasibility-study-11745904 by <br/> <br/> The findings of a seven-month carbon capture and storage (CCS) feasibility study by Mott MacDonald for PTT Exploration and Production Public Co (PTTEP), the upstream arm of Thailand’s PTT Group, indicate a preferred CCS hub in Thailand’s Eastern Seaboard. Tue, 07 May 2024 15:52:00 GMT