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Significant declarations at COP28
05 December, 2023
A historic Ministerial Declaration signed on 2 December at the COP28 UN climate change conference in Dubai by more than twenty countries has set a clear goal of tripling global nuclear energy capacity by 2050.

MIDA and Masdar sign 10 GW renewables agreements
05 December, 2023
Masdar and the Malaysian Investment Development Authority have put together an implementation roadmap to advance 10 GW of clean energy projects in Malaysia, and signed five agreements unlocking up to 8 GW of renewable energy projects. The implementation roadmap, including ground mounted, rooftop and floating solar power plants, onshore wind farms and battery energy storage systems, follows the signing of a memorandum of understanding in October.

Global CO2 emissions will rise through to 2050 – EIA
05 December, 2023
The US Energy Information Administration projects that global energy-related CO2 emissions from consumption of coal, liquid fuels, and natural gas will increase over the next 30 years across most of the cases it analysed in its ‘International Energy Outlook 2023’ (IEO2023).

DTEK ready to implement largest wind farm in E Europe
05 December, 2023
Ukraine energy major DTEK Group and Vestas on 4 December signed a Memorandum of Understanding to complete the construction of the largest wind farm in Eastern Europe, a project supported by the European Commission and the governments of Ukraine and Denmark. The installed capacity of the Tyligulska Wind Power Plant will be 500 MW, resulting from a total investment in excess of €650 million. The plant is located in the Mykolaiv region, 400 km from Kyiv and 85 km from the border with Moldova.

Investors file lawsuit against NuScale after SMR cancellation
05 December, 2023
A group of investors has filed a lawsuit against Portland-based US company NuScale following the cancellation of its Small Modular Reactor (SMR) project. The complaint, filed in a class action on 15 November, alleges that throughout 15 March 2023, and 8 November 2023, NuScale made materially false and/or misleading statements, and failed to disclose material adverse facts about the company’s business, operations, and prospects.

Copenhagen Infrastructure Partners launches GMF II growth fund
05 December, 2023
On 4 December Copenhagen Infrastructure Partners announced the launch of its Growth Markets Fund II (GMF II). The launch took place during the 2023 United Nations Climate Change Conference (COP 28) in Dubai. With a focus on developing and building offshore and onshore wind, solar PV, energy storage and Power-to-X projects in selected high growth middle-income markets across Asia, Latin America and EMEA, the fund has a target size of $3 billion and is expected to deliver renewable energy infrastructure projects reflecting over $10 billion of capital investment. This will enable more than 10 GW of new renewable energy capacity. It is set to be the world’s largest fund focused on greenfield renewable energy investments in high growth, middle-income markets.

Masdar expands its European presence
05 December, 2023
Abu Dhabi Future Energy Company PJSC – aka Masdar – and Taaleri Energia, a Finland-based renewable energy developer and fund manager, have announced the acquisition of eight hybrid renewable energy projects in Poland. The acquisition marks a significant expansion to both companies’ Polish renewable energy portfolios.

GE Vernova to supply 36 WTGs to O2 Power in India
05 December, 2023
GE Vernova has received an order from O2 Power Private Ltd to supply, install, and commission 36 units of its workhorse 2.7-132 onshore wind turbines for a 97 MW wind power project in Maharashtra, India. The project is intended to supply renewable energy to various industries and commercial establishments, and will contribute towards India’s target of 500 GW of renewable energy capacity by 2030.

Saskatchewan microreactor receives $80 m funding
05 December, 2023
Saskatchewan Research Council has received $80 million in government funding to operate the first eVinci ‘microreactor’ in Canada. Westinghouse and SRC signed an MOU last year to jointly develop a project to locate the microreactor in Saskatchewan to further explore industrial, research and energy use applications.

UK’s Eastern Green Links 1 and 2: preferred suppliers named
29 November, 2023
Transmission system upgrade, with the aim of getting clean power from where it’s generated to where it’s needed, is a sine qua non of the energy transition, not least in the UK, where preferred converter and cable suppliers have recently been named for the proposed Eastern Green Link 1 (EGL1) and Eastern Green Link 2 (EGL2) HVDC connections.

First electricity from the world’s largest WtE facility
29 November, 2023
With first electricity provided to the UAE grid this summer, Hitachi Zosen Inova and its partner BESIX (Belgium) report attainment of another commissioning milestone for the Dubai waste-to-energy facility – said to be the world’s largest plant of its type.

Violent winter storms cause havoc in Ukraine and west Russia
28 November, 2023
Violent wind and snow storms have brought widespread death, destruction and disruption of the vital power supply to areas of east Ukraine and western Russia. Nearly 2500 people were rescued after a snowstorm in Ukraine's southern region of Odesa, local governor Oleh Kiper reported, adding that 313 settlements in the region were without power as a result of the bad weather.

Prospect of a new pipeline across the Alps
28 November, 2023
The German and Italian governments have agreed to expand energy co-operation in order to strengthen supply security and the transition to climate neutrality, with gas and hydrogen pipelines across the Alps a key element, reports online agency Clean Energy Wire. At a recent meeting of members of the two governments in Berlin, chancellor Olaf Scholz emphasised that expanding the natural gas and hydrogen transport infrastructure connecting the two countries – which do not share a border – would be “particularly important.” “With a new pipeline across the Alps, we want to increase the security of supply of both our countries,” said Scholz.

Mott MacDonald to explore UK nuclear prospects with KEPCO
28 November, 2023
Mott MacDonald has signed an MOU with KEPCO Engineering & Construction Company. The two companies have agreed to work together to explore the potential for constructing a large-scale nuclear project in the United Kingdom. Mott MacDonald will support KEPCO E&C in regulatory licensing, permitting, and site development, by providing UK context to the nuclear new build programme.

DNV launches power transformer project
28 November, 2023
DNV has initiated an innovative Joint Industry Project in collaboration with Siemens Energy and other key industry players. The aim of the JIP is to increase the sustainability, reliability, and environmental responsibility of power transformers, in line with the need to create an energy infrastructure that is, alongside the generation itself, more environmentally friendly.

Wärtsilä launches advanced energy storage system
28 November, 2023
Wärtsilä has launched ‘Quantum High Energy’ (QuantumHE), which it describes as a next-generation energy storage system with advanced safety features and enhanced energy density.

Oil and gas producers ‘are being confronted with profound choices’ – IEA
28 November, 2023
Oil and gas producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products, according to a major new special report from the International Energy Agency.

RWE and partners secure contracts in French offshore bidding round
28 November, 2023
The French CRE (Commission for the Regulation of Energy) has published the results of its latest call to tender for onshore wind power (AO 13) for a cumulative capacity of 931 MW for an average price of €86.94/MWh. Five projects have been awarded to RWE, representing 119 MW gross and 80 MW pro-rata. Of these winning projects, three are solely owned by RWE and two will be developed jointly with Vent du Nord and David Energies/Energiter. Across 13 French onshore wind power tenders, RWE has secured a total of 384 MW, making it the third most awarded company.

Siemens Gamesa recovery plan
28 November, 2023
At its third Capital Market Day in Hamburg, Germany, Siemens Energy presented a strategic outlook for the benefit of analysts and investors. The company’s executive board outlined a path designed to create shareholder value along three priorities: to deliver on profitable growth, to fix the wind business, and maintain a solid financial foundation.

Vestas secures order for V163-4.5 MW WTGs in US
28 November, 2023
Vestas has received a 239 MW order to power an undisclosed wind project in the USA. The order consists of 53 V163-4.5 MW wind turbines, and the contract includes supply, delivery, and commissioning of the turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement, designed to help ensure optimised performance of the asset. Turbine delivery is slated to begin in the fourth quarter of 2024, with commissioning scheduled for 2025.