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Renewable & Sustainable Energy Report

 

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Wednesday, December 23, 2015
 

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CH2M Announced as Recipient of World Environment Center’s 2016 Gold Medal Award for Sustainable Development

In the Nation’s capitol, The World Environment Center (WEC) is pleased to announce that the 2016 Gold Medal Award for International Corporate Achievement in Sustainable Development has been awarded to CH2M, one of the world’s premier infrastructure and natural resource management companies. CH2M is being recognized for its deep commitment to sustainability and social responsibility throughout the company, including valuing ecosystems services, partnering with leading environmental non-profits, and acting as a global leader in international water initiatives.

The WEC Gold Medal Award is presented annually to a global company that has demonstrated a unique example of sustainability in business practice and is one of the most prestigious forms of recognition of a global company's ongoing commitment to the practice of sustainable development. Recent recipients of the WEC Gold Medal Award are: SC Johnson (2015), Unilever (2013), IBM (2012), Nestlé (2011), Wal-Mart Stores (2010), The Coca-Cola Company (2009), and Marks & Spencer (2008). www.wec.org. (Source: The World Environment Center, PR, 15 Dec., 2015) Jacqueline Hinman, CEO and Chairman of CH2M


Dominion Virginia Power, State Reach 110MW Solar PPA (Ind. Report)

Richmond-headquartered Dominion Virginia Power and the Commonwealth of Virginia report they have agreed to deploy 110 MW of solar power generation which the Commonwealth will purchase under a long-term PPA.

Dominion will build up to 75 pct of the solar capacity and third party solar developers will develop 25 pct of the capacity. Dominion will work with various state agencies to determine the location and size of the individual facilities. Timeline for construction and costs will be determined as individual projects are scoped and developed. (Source: Dominion Virginia Power, PR, 21 Dec., 2015) Contact: Dominion Virginia Power, Janell Hancock, (804) 771-6115, Janell.M.Hancock@dom.com, www.dom.com

More Low-Carbon Energy News Dominion Virginia Power,  Solar ,  


Quercus Acquiring Antin Solar Investments 77.1 MW Portfolio (M&A)

Quercus Assets Selection reports it has won a competitive bid for Milan-based Antin Solar Investments and its Italian photovoltaic portfolio of nine solar plants with a total capacity of 77.1 MW, headed by the French infrastructure fund Antin Infrastructure Partners.

The bidding, which was conducted by a 50:50 consortium of Quercus Assets Selection and Swiss Life Asset Managers , increases Quercus' renewable energy portfolio to 266.5 MW.

ASI is the fifth largest operator in Italy in terms of solar power generation. The plants are located in Lazio, Sicily and Puglia, all of which are among the most irradiant regions in Europe.

The €310 million portfolio will be acquired through a new vehicle called Quercus Swiss Life Italian Solar srl. The transaction is expected to completed 1Q, 2016. (Source: Quercus, Various Sources, 21 Dec., 2015) Contact: Quercus. Diego Biasi, CEO,www.quercusassetsselection.com; Antin Solar Investments, +39 02 0068 911, info@antinsolar.com, www.antinsolar.com

More Low-Carbon Energy News Solar,  Solar(M&A),  Antin Solar Investments,  


GE Touts Largest French Onshore Wind Deal to Date (Ind. Report)

GE Renewable Energy reports it will provide 43 wind turbines with a combined 120 MW capacity and a full services agreement for the Rougemont and Vaite wind farms in eastern France. The projects are being developed by Opale Energies Naturelles on behalf of Velocita Energies. The agreement marks GE's largest French onshore wind deal to date and will include the largest installation of its 2.75-120 technology anywhere in Europe.

The Rougemont and Vaite announcement follows GE's recent announcement that it would also supply turbines for the Monts du Lomont wind farm, another Velocita project in the Franche-Comte region. (Source: General Electric, 21 Dec., 2015) Contact: GE , Anne McEntee, Pres., CEO, Onshore Wind, Velocita Energies, +44 20 7952 2230, http://www.velocitaenergy.com/opale-energies-naturelles.html; Opale Energies Naturelles, +33 3 81 61 66 88, http://www.opale-en.com

More Low-Carbon Energy News General Electric,  Wind,  Opale Energies Naturelles,  


Vattenfall, Swedish Pension Fund Partner on UK Offshore Wind Farm (Int'l. Ind. Report)

Swedish wind energy giant Vattenfall reports it has entered into a £237 million (approx. SEK 3 billion) partnership with the Swedish pension group AMF in Vattenfall's 150 MW Ormonde Offshore Wind Farm in the UK.

AMF will hold a 49 pct share in the project which Vattenfall will continue to operate as majority shareholder.

Ormonde Offshore Wind Farm is a 30 turbine, 150 MW, site located in the Irish Sea, 10 km off Barrow-in-Furness in North West England. Ormonde has been generating low carbon power since 2012. Vattenfall operates four offshore wind farms in the UK. (Source: Vattenfall, Others, 18 Dec., 2015) Contact: Vattenfall, Gunnar Groebler, Sr. VP Wind, +46 8 739 5000, http://corporate.vattenfall.com

More Low-Carbon Energy News Vattenfall,  Wind,  Offshore Wind,  


$4Bn Offshore Nova Scotian Wind Farm Proposed (Ind. Report)

St. Johns, Newfoundland-headquartered Beothuk Energy Inc. reports it is in the preliminary planning stages of a proposed 120-turbine offshore wind farm 20 kilometers off the coast of Yarmouth, Nova Scotia. The $4 billion wind farm would generate upwards of 1,000 MW of electric power which would be marketed to the New England states.

Beothuk is working with Jacob Capital Management, Siemens Offshore Wind, Talon Energy and Maderra Engineering. (Source: Beothuk Energy Inc., Various Others, CBC, Jan, 2016) Contact: Beothuk Energy Inc., Kirby Mercer, Pres., CEO, (888) 465-9241, http://www.beothukenergy.com

More Low-Carbon Energy News Beothuk Energy,  Wind,  Offshore Wind,  

 
 
 

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