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Velocys' UK Waste-to-Jet Fuel Project Wins Approval (Int'l.)
Velocys
Date: 2020-05-29
UK-based renewable fuels specialist Velocys Plc is reporting the North East Lincolnshire Council has given the nod to its Altalto Immingham non-recyclable household and commercial waste into sustainable aviation fuel waste-to-jet fuel (SAF) plant -- the first commercial waste-to-jet fuel facility in the UK.

For the project, Velocys is partnering with British Airways Plc and Shell International Petroleum Company Ltd. Pending additional funding and financial close, construction is slated to get underway in 2022 for fuel production in 2025. (Source: Velocys, Renewables, 22 May, 2020) Contact: Velocys, Henrik Wareborn, CEO, +44 1235 838 621, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys,  Waste-to-Fuel,  


Saudi Arabia Fit to Produce Carbon-Neutral Oil

Date: 2020-05-27
A recently published research paper revealed that Saudi Arabia has a competitive edge when it comes to producing carbon-neutral oil. This enables the Kingdom to proceed with comprehensive applications of carbon capture, use, and storage for future transition to carbon-free oil production, while it can recycle carbon by-products into beneficial chemicals that can be utilized and marketed for use in multiple energy purposes. Published by the King Abdullah Petroleum Studies and Research Center (KAPSARC), the paper reveals that Saudi Arabia is currently working towards achieving a circular economy. The paper discussed ways to coordinate initiatives of Kingdom Vision 2030 in order to achieve green growth in the Kingdom, which means increasing the GDP and continuing economic growth in parallel to cutting carbon dioxide emissions. Saudi Arabia, according to the paper, produces the world’s lowest carbon levels per oil barrel and this gives the Kingdom a competitive edge in the future transition to producing carbon-neutral oil. The paper stated that the Kingdom has an opportunity to become a major supplier of basic low-carbon petrochemicals as well as high-value chemicals by increasing the use of renewable energy and improving the efficiency of the refining, processing, and marketing industries in the petrochemical industry. Titled “Green Growth Paths in The Kingdom,” the paper presented nine policies that promote green growth in Saudi Arabia. The paper notes that the Kingdom's 2030 vision encourages green growth through its strategic goals, which include building new cities, developing national industry and logistic services, and upgrading digital technologies to enhance trade and local content by focusing on industry, mining, energy, and logistical services. (Source: King Abdullah Petroleum Studies and Research Center , Asharq Al- Swat, 17 May, 2020) Contact: King Abdullah Petroleum Studies and Research Center, www.kapsarc.org


Faurecia Taps Schneider Electric to Reach Carbon Neutrality (Int'l.)
Schneider Electric
Date: 2020-05-27
Nanterre, France-based automotive technology company Faurecia Group reports the selection of France's Schneider Electric as a preferred partner to support its commitment to decarbonize its operations and reach CO2 neutrality by 2025.

A significant part of greenhouse gas emissions in Faurecia's 300 worldwide operations are direct emissions from controlled facilities and indirect emissions from energy procured (scopes 1 and 2 respectively). The first stage of the program will include both purchasing energy produced with low-carbon fuels or from renewable sources, and reducing energy used by adopting innovative digital solutions for efficiency and heat recovery. In addition to this first milestone of CO2 neutrality in scopes 1 and 2 in 2025, Faurecia is also targeting CO2 neutrality in controlled emissions in 2030 and CO2 full neutrality by 2050. (Source: Schneider Electric, PR, 21 May, 2020) Contact: Faurecia, www.faurecia.com; Schneider Electric, www.se.com

More Low-Carbon Energy News Schneider Electric,  CO2,  Carbon Neutral,  


ITM Power Launches ITM Motive Energy Storage Div. (Int'l.)
ITM Power
Date: 2020-05-27
In the UK, North Yorkshire-based ITM Power Ltd. is touting ITM Motive, a separate new business division to manage the company's refueling and energy storage assets.

The company received UK and EU funding to support the construction and deployment costs and has signed an agreement with Shell to deploy the technology. (Source: ITM Power, Website, May, 2020) Contact: ITM Power, Dr Duncan Yellen, Managing Dir., +44(0) 114 244 5111, www.itm-power.com

More Low-Carbon Energy News Energy Storage,  ITM Power,  


BBVA Calculates Client Carbon Footprints (Int'l. Report)
BBVA
Date: 2020-05-27
In Madrid, banking firm BBVA is reporting a new feature to its financial aggregator One View. Using data analytics, companies can calculate their daily greenhouse gas emission and overall carbon footprint as well as reduce their energy consumption and related costs.

BBVA has committed to being neutral in CO2 emissions in 2020. It also set the goal of reducing CO2 emissions by 68 percent from 2015 levels and for 70 percent of the energy consumed to come from renewable sources by 2025. These goals are part of BBVA’s Pledge 2025, which was launched by the bank to help attain the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement on climate change.

As part of this Pledge 2025, BBVA will also mobilize €100 billion in sustainable financing between 2018 and 2025. According to the figures available at the end of 2019, BBVA has already reached nearly one third of this amount. (Source: BBVA, PR, 21 May, 2020) Contact: BBVA, +944 875 555, www.bbva.es

More Low-Carbon Energy News Carbon Fooetprint,  Carbon Emissions,  


Velocys UK Waste-to-Jet Fuel Project Wins Approval (Int'l. Report)
Velocys
Date: 2020-05-27
UK-based renewable fuels specialist Velocys Plc is reporting the North East Lincolnshire Council has given the nod to its Altalto Immingham non-recyclable household and commercial waste into sustainable aviation fuel waste-to-jet fuel (SAF) plant -- the first commercial waste-to-jet fuel facility in the UK.

For the project, Velocys is partnering with British Airways Plc and Shell International Petroleum Company Ltd. Pending additional funding and financial close, construction is slated to get underway in 2022, for fuel production in 2025. (Source: Velocys, Renewables, 22 May, 2020) Contact: Velocys, Henrik Wareborn, CEO, +44 1235 838 621, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys,  Waste-to-Fuel,  


Finnish Developer Planning 1.3 GW of New Wind Power (Int'l.)
Metsahallitus
Date: 2020-05-27
Finnish state-owned land developer Metsahallitus is reporting plans to develop 1.3 GW of new onshore wind power, 400 MW of which is presently under construction, on state lands by 2030. The push for additional wind energy is part of the country's drive towards carbon neutrality by 2035.

To date Metsahallitus , which is responsible for the management of one third of Finland's surface area , has developed 650 MW of onshore wind power on Finnish state lands. (Source: Metsahallitus, Website, Montel, 25 May, 2020) Contact: Metsahallitus www.metsa.fi/web/en

More Low-Carbon Energy News Finland Wind news,  


Irish ClonBio Reports €95Mn 2019 pretax Profit (Int'l. Report)
ClonBio,Pannonia Bio,
Date: 2020-05-27
Dublin-headquartered family-owned agribusiness company ClonBio Group Ltd. has reported a 143 pct rise in annual pretax profits to €95 million in 2019 after ethanol prices strengthened. A good performance by its biofuels and protein-rich animal nutrition products (DDGs) also boosted the performance of ClonBio, which saw its turnover rise 26 pct to €361 million, according to a company release.

The company's core operating company, Pannonia Bio, a corn-based biorefinery in Hungary. was recently designated as an "essential company" by the Hungarian government, with a significant proportion of its monthly ethanol output now in use in the fight against coronavirus. (Source: CloneBio, Irish Times, 25 May, 2020) Contact: ClonBio, Mark Turley, CEO, +353 1 538 4550, www.clnbio.com; Pannonia Bio, +36 1 696 1833, www.pannoniabio.com

More Low-Carbon Energy News DDGs news,  Ethanol news,  


Capital Dynamics Acquires 23MW Irish Wind Project (Int'l., M&A)
Capital Dynamics
Date: 2020-05-27
Global asset manager Capital Dynamics' European Clean Energy Infrastructure business is reporting acquisition of the 23.1-MW subsidy-free Castlegore Wind Farm project in Northern Ireland from ABO Wind NI for an undisclosed sum.

The project is expected to commence construction later this year and will be supported by a long-term power purchase agreement once operational.

With this acquisition, Capital Dynamics manages 7.3GW of gross power generation across more than 100 projects in the US and Europe. (Source: Capital Dynamics, PR, IP&E, 26 May, 2020) Contact: Capital Dynamics European Clean Energy Infrastructure, Simon Eaves, Dir., +44 20 7297 0200 -- London Office, www.capdyn.com

More Low-Carbon Energy News Wind,  


BBVA Calculates Client Carbon Footprints (Int'l. Report)
BBVA
Date: 2020-05-27
In Madrid, banking firm BBVA is reporting a new feature to its financial aggregator One View. Using data analytics, companies can calculate their daily greenhouse gas emission and overall carbon footprint as well as reduce their energy consumption and related costs.

BBVA has committed to being neutral in CO2 emissions in 2020. It also set the goal of reducing CO2 emissions by 68 pct from 2015 levels and for 70 pct of the energy consumed to come from renewable sources by 2025. These goals are part of BBVA's Pledge 2025, which was launched by the bank to help attain the United Nations Sustainable Development Goals and the Paris Agreement on climate change.

As part of this Pledge 2025, BBVA will also mobilize€100 billion in sustainable financing between 2018 and 2025. According to the figures available at the end of 2019, BBVA has already reached nearly one third of this amount. (Source: BBVA, PR, 21 May, 2020) Contact: BBVA, +944 875 555, www.bbva.es

More Low-Carbon Energy News Carbon Footprint,  Carbon Emissions,  


Aussie Climate Change Road Map Introduced (Int'l. Report)
Australia
Date: 2020-05-22
Australia's conservative government on Thursday released a fresh technology roadmap to tackle climate change, targeting the use of natural gas, hydrogen, batteries and carbon capture, while avoiding the contentious issue of setting a carbon price.

The latest proposal, which the government aims to turn into formal policy by September, is based on driving down energy storage costs to back up wind and solar power, electrifying industrial processes and scaling up hydrogen production. . Green groups, mining, energy and other big corporations oppose the plan for its continued reliance on fossil fuels, like gas and coal, and are calling for the imposition of a carbon tax to drive green investment.

The technology roadmap is designed to help Australia meet its Paris Climate Accord commitment to cut carbon emissions by between 26 pct and 28 pct from 2005 levels by 2030.

Although Australia is one of the world's biggest carbon emitters per capita Angus Taylor, the Minister of Energy and Emissions recently said it is not Australian government policy to achieve net zero emissions by 2050. (Source: Australia Ministry of Energy and Emissions Reduction, Hindustan Times, Reuters, 21 May, 2020) Contact: Australia Ministry of Energy and Emissions Reduction, Hon. Angus Taylor, Minister, www.minister.industry.gov.au/ministers/taylor

More Low-Carbon Energy News Australia Climate Change news,  Carbon Emissions news,  


NJ Lifts Ban on At-Home Energy-Efficiency Assessments (Ind. Report)
New Jersey Board of Public Utilities
Date: 2020-05-22
In Trenton, the New Jersey Board of Public Utilities (NJ BPU) is reporting the lifting of a recently imposed, COVID-19 inspired ban on utilities and energy firms entering homes for energy audit and energy efficiency upgrades.

After the agency sought to limit access to homes, the state's utilities essentially told contractors to end energy-efficiency work to comply with the directive, virtually shutting down programs to curtail energy use. As a result of the shutdown, New Jersey lost an estimated 11,000 or more energy efficiency sector , according to Environmental Entrepreneurs, and others.

The Murphy administration has touted energy efficiency as a key component of its plans to shift the Garden State to 100 pct clean energy by 2050, but it is lagging behind mandates to require utilities to achieve significant cuts in energy use. (Source: New Jersey Board of Public Utilities, NJ Spotlight, 21 May, 2020) Contact: NJBPU, 800-624-0241, www.bpu.state.nj.us

More Low-Carbon Energy News New Jersey Board of Public Utilities,  Energy Efficiency,  


Houston Commits to Renewables for Carbon Neutrality (Ind. Report)
City of Houston
Date: 2020-05-22
In the Lone Star State, the City of Houston's recently released Climate Action Plan has committed to 100 pct renewable energy. To that end, the city has teamed up with NRG Energy to power all municipal operations with renewable energy beginning in July, this year.

Through the partnership, the City will receive 1,034,399 MWh of renewable electricity from a utility--scale solar facility each year over a 7 year contract projected to save the city a total of $65 million.

Houston is a member of C40 Cities Global Climate Leadership Group , Vice Chair of U.S. Climate Mayors, and committed to reach carbon neutral status by 2050, according to the release. (Source: City of Houston, Planetary Press, 19 May, 2020)

More Low-Carbon Energy News Carbon Neutral,  Carbon Emissions,  Climate Change,  


SBP Biomass Standards Review Underway (Ind. Report)
Sustainable Biomass Programme
Date: 2020-05-22
The Sustainable Biomass Programme (SBP) certification scheme reports the launch of its standards development process. As part of the process, SBP's six standards will be reviewed and revised by working groups, and revisions will be passed to a technical committee, prior to approval from the standards committee.

SBP-certified biomass accounted for a 61pc share of the EU-28 industrial wood pellet market, with 11.95mn t of biomass with SBP claims traded in 2019. There are now just over 270 SBP certificate holders in 25 countries, up from 210 at the end of 2019.

The Sustainable Biomass Program (SBP) is a certification system designed for woody biomass, mostly in the form of wood pellets and wood chips used in industrial, large-scale energy production. SBP was launched in 2015. (Source: Sustainable Biomass Program, Argus, 21 May, 2020) Contact: Sustainable Biomass Progra , Melanie Wedgbury, +44 (0)7734 793279, mkwedgbury@sbp-cert.org, www.sbp-cert.org

More Low-Carbon Energy News Biomass news,  Woody Biomass news,  Wood Pellet news,  


EU ETS Auctions Going On Line in 2021 (Int'l.Ind. Report)
European Commission
Date: 2020-05-20
The European Commission (EC) is reporting its EU Emissions Trading System (EU ETS) platforms could start hosting permit sales online from 2021.

Auctions will be held on behalf of 25 EU member states plus Norway, Iceland and Liechtenstein. The auctions take place on the European Energy Exchange (EEX) platform. (Source: EUObserver, Reuters 18 May, 2020)

More Low-Carbon Energy News EU ETS,  


EC to Release Broad Bioenergy, Woody Biomass Strategy (Int'l.)
EC,EU,Woody Biomass
Date: 2020-05-20
The European Commission (EC) reports it plans to "push a transformative approach to all forms of bioenergy -- including biofuels and woody biomass -- as part of a biodiversity strategy aimed at continuously assessing biomass supply and demand at EU and global level in order to "ensure that EU biomass-related policies are sustainable." The draft strategy plan, which includes the use of forest biomass for energy production, is expected to be released today, 20 May.

That strategy is expected to focus on the conservation of old-growth forests, which are considered the most valuable for biodiversity and climate protection. Under the strategy, at least 10 pct of land will have to be protected.

The EU's biodiversity strategy will not become legislation legislation until 2021, when the Commission revises key EU laws, such as the EU's Renewable Energy Directive, and the Regulation on land use, land-use change and forestry (LULUCF). (Source: European Commission, EURACTIV, 18 May, 2020) Contact: EC, Frans Timmermans, Climate Chief, www.ec.europa.eu/commission/commissioners/2019-2024/timmermans_en

More Low-Carbon Energy News European Commission,  Forest Biomass,  Woody Biomass,  Biofuel,  Bioenergy,  


ITM Power Launches ITM Motive Energy Storage Div. (Int'l.)
ITM Power
Date: 2020-05-20
North Yorkshire-based ITM Power Ltd. has launched ITM Motive, a separate new business division for the management of the company's energy storage and network of eight publicly accessible hydrogen refuelling stations, which will expand to 11 by the end of 2020.

ITM Power has received UK and EU funding to support construction and deployment costs and has signed an agreement with Shell to deploy the technology on its forecourts. (Source: ITM Power, Website, May, 2020) Contact: ITM Power, Dr Duncan Yellen, Managing Dir., +44(0)114 244 5111, www.itm-power.com

More Low-Carbon Energy News ITM Power news,  Energy Storage news,  


Notable Quote -- Shell VP Comments on CCS
Shell Oil
Date: 2020-05-19
"CCS is a crucial technology to help society and economies thrive through the energy transition. We appreciate the leadership shown by the Norwegian government to accelerate the development of CCS value chains and believe that the Northern Lights carbon dioxide  solution has the potential to unlock investment in capture projects across Europe." -- Syrie Crouch, CCS VP, Shell Oil

More Low-Carbon Energy News Northern Light,  CCS,  Carbon Storage,  


TOTAL, Equinor, Shell Agree on Carbon Capture Network (Int'l.)
TOTAL, Equinor, Shell
Date: 2020-05-19
International Energy giants Equinor, Shell and TOTAL are reporting agreement on the planned $685 million Northern Lights -- North Sea carbon capture and storage (CCS) project.

The project to be located off the Norwegian coast would capture and sequester 5 million tpy of CO2 from some of the EU's heaviest emitters.

A final investment decision on the project hinges on approval by the Norwegian authorities and rubber-stamping by the EFTA Surveillance Authority.

"The Northern Lights project could become the first step to develop a value chain for CCS, which is vital to reach the global climate goals of the Paris Agreement," according to Equinor Exec.VP Anders Opedal. (Source: Total, Equinor, Shell Oil, ReCharge, 15 May, 2020) Contact: Equinor, www.equinor.com; TOTAL, Investor Relations: +44 (0) 207 719 7962 l, ir@total.com, www.total.com

More Low-Carbon Energy News TOTAL,  Equinor,  Shell ,  Carbon Capture,  CCS,  


Eni, CDP Equity Waste-to-Fuel JV EU Approved (Int'l. Report)
Eni SpA ,CDP Equity
Date: 2020-05-19
The European Commission (EC) reports it has given to nod to Rome-headquartered oil and gas company Eni SpA and domestic investment fund CDP Equity SpA for the formation of CircularIT, a waste-to-energy joint venture that would construct municipal waste-water reuse and biofuel plants.

Under the terms, CDP Equity will own 51 pct of the new entity, and Eni Rewind, a subsidiary of the energy company, will hold the remaining 49 pct. (Source: EC, CDP Equity, May, 20200 Contact: CDP Equity, www.en.cdpequity.it; Eni SpA, www.eni.com

More Low-Carbon Energy News Eni SpA,  Waste-to-Energy ,  CDP Equity,  


Lightrock Power Offloads 350-MW, U.S. Solar Portfolio (M&A Report)
Lightrock Power
Date: 2020-05-15
UK-headquartered International utility-scale solar and storage developer Lightrock Power is reporting the sale of a 350-MW portfolio of U.S. solar projects -- three in Illinois and one in Utahto -- to unnamed entities. The four project are in varying stages of development and expected to come on line in 2021-22.

Lightrock Power presently has a further 30 projects of over 2,200 MW in active development in Europe and North America.(Source: Lightrock Power, PR, Solar Power, 13 May, 2020) Contact: Lightrock Power, Benjamin Davies, +44 0 117 230 5853, ben@lightrockpower.com, www.lightrockpower.com

More Low-Carbon Energy News Lightrock Power,  Solar,  


Idealfuel Project Developing Maritime Renewable Fuel (Int'l.)
Technical University Eindhoven ,Idealfuel
Date: 2020-05-15
In the Netherlands, a consortium of 11 participants led by the Technical University Eindhoven (TU/e) reports it is working to develop methods to convert woody biomass materials into renewable marine fuels through the conversion of lignin from dry plant matter (lignocellulosic biomass). The project is supported by €5 million in grant funding from the European Union's Horizon2020 program.

Idealfuel aims to devise an efficient and low-cost two-step chemical process in order to achieve its goal. In the first step, lignin is extracted from lignocellulosic biomass in the form of Crude Lignin Oil (CLO). This leaves behind a solid cellulose material that can be used in the paper industry or even converted into ethanol. In the second step, the CLO is refined and converted into a Biogenic Heavy Fuel (Bio-HFO) that can be used directly in marine engines or blended with fossil fuels.

Download Making Crude Oil from Paper Pulp project details HERE. (Source: TU/e Idealfuel, Innovation Origin, 13 May, 2020) Contact: TU/e Idealfuel, Dr. Roy Hermanns Barry Fitzgerald, +31 40 247 8067 , B.Fitzgerald@tue.nl, www.tue.nl

More Low-Carbon Energy News Lignin,  Idealfuel,  Woody Biomass,  


ClearFlame Engine Tech. Newest RFA Member (Ind. Report)
Renewable Fuels Association
Date: 2020-05-15
The Renewable Fuels Association (RFA) is reporting Chicago-based ClearFlame Engine Technologies has become their newest member. The company provides a patented set of modifications allow diesel engines to operate on 100 pct ethanol fuel as a substitute for petroleum diesel fuel.

ClearFlame notes that opening the current diesel fuel market to use 100 pct ethanol fuel has the potential to add massive additional ethanol demand over time -- 50 percent replacement of all diesel fuel would require 34 billion gallons of additional ethanol fuel. (Source: RFA, ClearFlame Engine Technologies, PR, 13 May, 2020) Contact: ClearFlame, John Howell, VP of Business Dev., (508) 404-9398, john@clearflameengines.com, www.clearflameengines.com; Renewable Fuels Association, Geoff Cooper, (202) 289-3835, www.ethanolrfa.org

More Low-Carbon Energy News Renewable Fuels Association,  RFA,  ClearFlame,  Ethanol,  


Ontario Forest Carbon Offset Agreement Announced (Ind. Report)
AurCrest Gold,Blue Source Canada
Date: 2020-05-13
Further to our Aug, 2019 coverage, Toronto-headquartered AurCrest Gold Inc. is reporting an agreement with the Lac Seul First Nation (LSFN) and carbon offset developer Blue Source Canada ULC to develop a forest carbon project on the Lac Seul reserve northwest of Sioux Lookout, Ontario.

On December 13, 2019, the Company announced an Emissions Reduction Benefits Management Agreement (ERBMA) with Lac Seul to develop forest carbon sequestration opportunities in the First Nation's territory in Northwestern Ontario. Under the terms of the ERBMA, AurCrest is the sole and exclusive agent for LSFN to manage and develop projects within LSFN traditional territory to harvest ERBs. AurCrest entered into the CDMA with Bluesource to provide the expertise associated with development and monetizing the carbon offsets.

Bluesource helps forest owners evaluate opportunities and generate value in diverse carbon markets by developing and monetizing offsets on their behalf. (Source: AurCrest Gold Inc., PR, 11 May, 2020) Contact: AurCrest Gold Inc., Christopher Angeconeb, Pres., CEO, (807) 737-5353, christopherangeconeb@gmail.com, Ian Brodie-Brown, Dir. Bus. Dev., (416) 844-9969, ianbrodiebrown@gmail.com, www.aurcrest.ca; Blue Source Canada, (403) 262-3026, www.bluesource.com

More Low-Carbon Energy News AurCrest Gold,  Blue Source Canada,  Carbon Offset,  


Enerkem, NOVA Chemicals Announce Collaboration (Ind. Report)
Enerkem, NOVA Chemicals
Date: 2020-05-13
Montreal-based biofuels-renewable fuels from wastes specialist Enerkem and Calgary-headquartered NOVA Chemicals Corp. are reporting a joint development agreement to research advanced recycling technology to transform hard-to-recycle municipal waste, including items such as plastics, household waste, and construction materials, into ethylene at full commercial scale.

Enerkem is the world's first to produce renewable methanol and ethanol from non-recyclable, non-compostable municipal solid waste at full commercial scale. Enerkem's technology replace the use of fossil sources like petroleum and natural gas to produce sustainable chemicals and transportation fuels. Calgary-based NOVA Chemicals develops and manufactures chemicals and plastic resins. (Source: NOVA Chemicals, Enerkem Inc., May, 2020) Contact: NOVA Chemicals, Todd Karran, Pres., Jennifer Nanz, Communications, Jennifer.Nanz@novachem.com, www.novachem.com; Enerkem, Dominique Boies, CEO and CFO, 514-375-7800 communications@enerkem.com, www.enerkem.com

More Low-Carbon Energy News NOVA Chemicals,  Enerken,  Waste-to-Fuel,  


Greece, Baltic State's 2019 CO2 Emission Fall (Int'l. Report)
Eurostat,EU
Date: 2020-05-13
Eurostat, the European Unions statistics agency is reporting Greece posted an annual drop of 8.9 pct of carbon dioxide (CO2) emissions generated from fossil fuel combustion in 2019 -- the third-highest rate of decrease among the 27 European Union member states.

On a regional basis, Slovenia's CO2 emissions fell by an annual 4.9 pct, Romanian emissions dropped 4.2 pct, Bulgaria's CO2 emissions fell by 4.1 udring the same period and Croatian emissions fell by 0.2 pct -- the least among EU member states. (Source: Eurostat, May, 2020) Contact: Eurostat, ec.europa.eu/eurostat/home

More Low-Carbon Energy News Eurostat,  EU Carbon Emissions,  


French Floating Offshore Wind Project Finds Financing (Int'l. Funding)
European Investment Bank
Date: 2020-05-13
The European Investment Bank (EIB) has approved an undisclosed sum to finance the development of the 30 MW Golfe du Lion offshore floating wind project, 16 km off the coast of the Leucate-Le Barcares area in the Mediterranean Sea. .

The demonstration project will incorporate three V164 MHI Vestas 10 MW wind turbines supported by Principle Power's WindFloat semi-submersible floating foundations. The project, which is being developed by Eoliennes Flottantes du Golfe du Lion (EFGL), a consortium comprising Engie, EDP Renewables, and Caisse des Depots, is expected to be commissioned in 2022. The commissioning of the wind farm is scheduled for 2022 (Source: EIB, offshore wind biz, 12 May, 2020) (Contact: Eoliennes Flottantes du Golfe du Lion, www.info-efgl.fr; EIB, www.eib.org

More Low-Carbon Energy News Floating Wind,  Offshore Wind,  European Investment Bank,  


EU Member State Alliance Seeks Solid Renewables Policy (Int'l.)
WindEurope
Date: 2020-05-11
WindEurope is reporting government ministers from Lithuania, Poland, Greece, Spain, Latvia, Estonia, Austria and Luxemburg are calling for the European Commission (EC) to establish an industrial policy recognizing wind energy as an EU strategic priority and to expand renewables and related supply chains through out the 27-member trading bloc.

The letter also calls for renewable industry representatives to be included in the planned Industrial Forum, a high-level advisory body bringing together Member States, European institutions and industry stakeholders that is slated to be established in September. The Ministers are also requesting more financial support for renewables from InvestEU and the Connecting Europe Facility as well as a more flexible approach to State Aid. (Source: WindEurope, PR, reve, 9 May, 2020) Contact: Wind Europe, Giles Dickson, CEO, +32 2 213 1811, +32 2 213 1890 - fax, info@windeurope.org, www.windeurope.org

More Low-Carbon Energy News WindEurope,  Renewable Energy,  Renewable Energy Funding,  EU Renewable Energy,  


Notable WindEurope Quote on EU Renewables Legislation
WindEurope
Date: 2020-05-11
"The EU Commission was absolutely right to emphasize that the transition to climate neutrality is irreversible. That will require Europe to install more than twice as much new wind energy each year as it managed in 2019. The (EU) Climate Law impact assessment should outline a credible path for the delivery of these volumes.

"Beating climate change is about driving renewables-based electrification in road transport, buildings and most of industry. And scaling up renewable hydrogen in hard to abate sectors. Clearly opting for a 100 pct renewables scenario would avoid stranded investments down the road. A 100 pct renewables scenario must be the start of our conversation on how we deliver climate neutrality cost effectively." -- Pierre Tardieu, Chief Policy Advisoer, WindEurope. Contact: WindEurope, Pierre Tardieu, +32 2 213 1890, info@windeurope.org, www.windeurope.org

More Low-Carbon Energy News WindEurope news,  Renewable Energy news,  Renewable Energy Funding news,  EU Renewable Energy news,  


The Andersons Report COVID Driven Shutdowns, Losses (Ind. Report)
The Andersons
Date: 2020-05-11
According to its recently released Q1 earning report, Maumee, Ohio-based The Andersons Inc -- The Andersons Ethanol Group lost $29.4 million in Q1, 2020 compared to a $5.4 million profit in the same period of 2019. The loss is being widely attributed to thew the CONID-19 crisis and greatly diminished demand for transportation fuel.

In March the company ceased production at its Colwich, Ks. ELEMENT facility and soon thereafter shut down production at four facilities owned by The Andersons Marathon Holdings LLC (TAMH), a joint venture between The Andersons and Marathon Petroleum Corp.

The Andersons as the Plant Nutrient Group made $20.4 million and adjusted EBITDA improved by $1.9 million year-over-year. The Andersons is implementing cost-cutting measures and plans to cut 2020 costs by $20 million. (Source: The Andersons, Toledo Blade, 6 May, 2020) Contact: The Andersons Inc, (419) 893-5050, hostmaster@andersonsinc.com, www.andersonsinc.com

More Low-Carbon Energy News The Andersons,  Ethanol,  Biofuel,  


Bankrupt Philly Refiner Offered Cap on RFS Obligation (Ind Report)
Philadelphia Energy Solutions
Date: 2020-05-11
The Trump administration has offered to place a $10 million cap on bankrupt Philadelphia Energy Solutions' biofuel blending obligations, effectively cutting the refiner's regulatory liability by more than 70 pct and freeing more cash for the company's creditors. Under the deal PES will either surrender 161.8 million biofuel blending credits (RINs) valued at roughly $35 million or pay up to $10 million to meet its RFS obligations, according to Reuters.

The Trump EPA previously waived $350 million in biofuels compliance costs for PES after its initial bankruptcy in 2018.

As reported in Jan., Philadelphia-headquartered bioenergy developer SG Preston dropped its previously expressed interest in redeveloping the shut-down fire-damaged 335,000 bpd Philadelphia refinery, which is now being sold by creditors for $252 million and redeveloped under a bankruptcy court approved plan. (Source: Various Media,Reuters, May, 2020)

More Low-Carbon Energy News Philadelphia Energy Solutions,  RFS,  Biofuel Blend,  RINs,  


Windsourcing.com Launches Europe-wide B2B Online Shop (Int'l.)
Windsourcing
Date: 2020-05-08
Wind turbine after-sales market repair and parts distributor Windsourcing.com reports it is now offering its product range for purchase in a B2B online shop throughout Europe.

Associated with this are further service advantages, such as the display of the stock availability of all products, in order to guarantee the buyer planning security for necessary orders. Products offered include corrosion protection coating systems for on- and offshore wind turbines; adhesives and sealants; rotor blade repair materials; as well as hydraulic and electrotechnical products. Unavailable products can be ordered. Windsourcing.com counts 3M, Akzo Nobel, Sika, ABB, Vestas, Siemens and many more among its customers. (Source: Windsourcing, PR, Website, 4 May, 2020) Contact: Windsourcing, +49 (0) 40 - 9876 88 00+49; www.windsourcing.com

More Low-Carbon Energy News Windsourcing,  Wind,  


Fraunhofer Touts Marine Biofuel Progress (New Prod & Tech, Int'l)
Fraunhofer Institute
Date: 2020-05-08
In Oberhausen, Germany, Fraunhofer Institute for Environmental, Safety and Energy Technology UMSICHT researchers are touting a new marine fuel made by converting bioethanol into diesel, gasoline or jet fuel that have nearly the same properties as fossil fuels and reduces soot emissions and other greenhouse gas emissions by up to 30 pct compared to fossil fuel.

Lead researcher Dr. Andreas Menne, a mechanical engineer who heads up the Biorefinery and Biofuels department and his colleagues are aiming to mitigate marine diesel's adverse impact on the climate with a new technology.

The UMSICHT researchers are producing up to 20 liters of the new biofuel a week in an experimental plant. The feedstock is bioethanol sourced from wheat straw. Although the synthetic diesel is still more expensive than diesel made of petroleum, it is ready to go to market, according to the release. (Source: Fraunhofer Institute for Environmental, Safety and Energy Technology, 7-May, 2020 ) Contact: Fraunhofer Institute for Environmental, Safety and Energy Technology, Dr. Andreas Menne, +49 208 85980 www.umsicht.fraunhofer.de/en.html

More Low-Carbon Energy News Fraunhofer Institute,  Biofuel,  Marine Biofuel,  Maritime Biofuel,  


DRAX Launches Biomass Supply Chain Carbon Calculator (Int'l.)
Drax,DRAX
Date: 2020-05-08
In North Yorkshire, UK power generation company DRAX Group has launched a Biomass Carbon Calculator to help to decarbonize the production and transportation of biomass pellets, used for low carbon energy generation.

The Biomass Carbon Calculator is in line with the company's drive to become carbon-negative by 2030 and the UK's effort to achieve net-zero carbon by 2050.

The calculator, which will use real-time supply chain data to improve emission reporting and identify points where carbon reductions can be made, in compliance with the European Union's Renewable Energy Directive II. (Source: DRAX, Trade Media,6 May, 2020) Contact: DRAX, Will Gardiner, CEO, +44 0 1757 618381, www.draxpower.com

More Low-Carbon Energy News Drax,  DRAX,  Woody Biomass,  Biomass Pellet,  Carbon Emissions,  


Iberdrola Acquiring Aalto Power for €100Mn (Int'l Report, M&A)
Iberdrola,Aalto Power SAS
Date: 2020-05-08
Spanish utility Iberdrola SA reports it has agreed to purchase Marseille-based wind power company Aalto Power SAS for €100.1 million ($108 million), subject to customary conditions and approvals.

Aalto Power owns and operates 118 MW of onshore wind farms in France and has 636 MW of projects development. (Source: Iberdrola, PR, Renewable Energy May, 2020) Contact: Iberdrola, www.iberdrolarenewables.com; Aalto Power SAS, +33 9 66 81 48 73, www.aaltopoaer.fr

More Low-Carbon Energy News Iberdrola,  Wind,  


St. Louis Enacts Building Energy Performance Standard (Ind. Report)
St. Louis
Date: 2020-05-08
In the Show Me State, the city of St. Louise reports passage of Building Energy Performance Standard (BPS) legislation requiring buildings in the city to meet a minimum level of energy efficiency-performance standard. The legislation also establishes resources to help building owners achieve the savings that come with decreased energy usage. The City is the first jurisdiction in the Midwest and the fourth in the country to pass a BPS. The policy will use Site Energy Use Intensity (EUI) as its chief performance metric.

The St. Louis BPS covers buildings 50,000 square feet or larger, which have been required to report the energy and water use of their properties since 2017 under the city's Building Energy Awareness Ordinance.

Compared to other energy-saving building policies, a BPS requires greater changes, but allows building owners broad flexibility to make improvements. By setting long-term targets, a BPS provides the commercial real estate market with the certainty it needs to make confident investments in properties over time. It can also enable cities to achieve multiple city priorities at once, including carbon reductions, building electrification, energy efficiency, peak demand reductions, and more. (Source: City of St. Louis, NRDC Blog, May, 2020)

More Low-Carbon Energy News St. Louis,  Building Energy Efficiency,  Energy Performance,  


Enbridge Offloading Partial Stake in Offshore Wind Projects (M&A)
Enbridge,Eolien Maritime France
Date: 2020-05-08
Markham. Ontario-headquartered Enbridge reports it selling 49 pct of its 50 pct stake in Eolien Maritime France (EMF), the developer of three offshore wind projects in France, to the Canada Pension Plan Investment Board (CPP Investments). With the sale, Enbridge will own a 25.5 pct equity interests in the 450-MW Saint-Nazaire facility; 21.7 pct in the 450-MW Courseulles-sur-Mer wind facility and 17.9 pct in the 500-MW Fecamp offshore wind projects, all in France. Completion of the anticipated 4Q, 2020 closing of $100 million (Cdn) transaction is subject to customary regulatory approvals. (Source: Enbridge, Various Media, Offshore Wind, 7 May, 2020)Contact: Enbridge, Al Monaco, Pres., CEO, (403) 231-3900, www.enbridge.com; Eolien Maritime France, www.thewindpower.net/developer_en_3824_eolien-maritime-france.php

More Low-Carbon Energy News Eolien Maritime France,  Enbridge,  Wind,  Offshore Wind,  


Engie, Mirova Partner on French Biogas Projects (Int'l Report)
Engie, Mirova
Date: 2020-05-08
Engie and asset manager Mirova have formed a strategic partnership, following Mirova's acquisition of a 50 pct stake in Dana Gas, a company operating 9 biogas plants owned and developed by Engie. According to Mirova, the transaction marked the first step of a "broader cooperation" to expand the Dana Gas asset portfolio.

Mirova is investing through its €860 million Mirova-Eurofideme 4 fund dedicated to energy transition infrastructure projects, and is taking a significant position in France's biogas sector. Engie, including its subsidiary Engie Bioz, is a leading biogas operator in France and is active across the value chain, from project development and construction to project operation and energy sale. (Source: Engie, Bioenergy 7 May, 2020) Contact: Engie Bioz, www.engie.com/activites/renouvelables/biogaz

More Low-Carbon Energy News Engie,  Mirova,  Biogas,  


CVR Energy Considering Renewable Diesel Production (Ind. Report)
CVR Energy
Date: 2020-05-08
Reuters is reporting Sugarland, Texas-based CVR Energy Inc. is looking to convert certain units in its petroleum refineries to renewable diesel production (RNG) to reduce its exposure to the cost of renewable fuel credits (RINs) which it estimate will come in at roughly $65 million to $75 million in 2020.

The project, which would involve using excess hydrogen capacity and converting some desulfurization units for renewable diesel production, is still in its early stages, according to the company.

The use of RNG as a transportation fuel has reportedly increased 291 pct over the past 5 years, displacing close to 7.5 million tons of carbon dioxide equivalent (CO2e). That is the greenhouse gas emissions equivalent of driving 18.6 trillion miles in a typical passenger cat. It is the CO2 emissions equivalent of consuming 842 million gallons of gasoline. This equates to the total amount of fuel used by 63,171 transit buses every year, according to trade data. (Source: CVR Energy, Reuters 7 May, 2020) Contact: CVR Energy Inc., (281) 207-3200, www.cvrenergy.com

More Low-Carbon Energy News CVR Energy ,  Renewable Diesel,  RINs,  RNG,  


Eurostat Notes Plunging EU CO2 Emissions (Int'l. Report)
Eurostat,EU
Date: 2020-05-06
The EU Eurostat is reporting carbon dioxide (CO2) emissions from mainly oil and oil products, coal, peat and natural gas fell by 4.3 pct year on year in the 27 member trade bloc in 2019.

According to Eurostat estimates, emissions fell in 2019 in the majority of EU member states, with the highest decrease in Estonia at 22.1 pct , followed by Denmark at 9.0 pct while Greece and Slovakia recorded a fall of 8.9 pct each. On the other hand, Luxembourg emissions rose 7.5 pct, Austrian emissions were up 2.8 pct followed by Malta with 2.0 pct and Lithuania with 1.6 pct.. (Source: Eurostat, Anadolu Agency, 8 May, 2020) Contact: Eurostat, https://ec.europa.eu/eurostat/home

More Low-Carbon Energy News Eurostat,  EU Carbon Emissions,  


Tunisian Concentrated Renewable Energy Capacity Hits 379 MW (Int'l.)
Tunisian Ministry of Energy, Mines and Renewable Energies
Date: 2020-05-06
In Tunis, the Tunisian Ministry of Energy, Mines and Renewable Energies, reports the North African country's concentrated renewable energy power generation hit 379 MWin 2019, against 115 MW in 2010. Of the total, 63.3 pct of renewable energy capacity was from wind, 20.4 pct was from photovoltaic solar and 16.3 pct was from hydropower. (Source: Tunisian Ministry of Energy, Mines and Renewable Energies, African Manager, 3 May, 2020) Contact: Tunisian Ministry of Energy, Mines and Renewable Energies, Mohamed Sdiri, +216 0 97333562,sdirimohamed@gmail.com; www.geocradle.eu/platform/stakeholder/sdirimohamed

More Low-Carbon Energy News Renewable Energy,  Wind,  Solar,  


IPPCA Supports Philippine Ethanol Blending Suspension (Int'l.)
Independent Philippine Petroleum Companies Association
Date: 2020-05-06
In Manila, the Philippines, the Independent Philippine Petroleum Companies Association (IPPCA) has come out in support of the Philippine Department of Energy's suggested diversion of biofuel production into the creation of ethyl alcohol on the grounds that "diverting it [biofuels] to ethyl alcohol, or even as alcohol beverage, will be more beneficial for the economy."

Under 2006 legislation, the Philippines mandates a 10 pct bioethanol-gasoline blend rate. The energy Department noted "Let's use the ethanol to produce alcohol and since the price of oil is low, we can use 100 pct gasoline." Under the country's Biofuels Act, prohibits the "diversion of biofuels, whether locally produced or imported, to purposes other than those envisioned in the Act." (Source: Independent Philippine Petroleum Companies Association, Business World, 5 May, 2020) Contact: Independent Philippine Petroleum Companies Association, www.facebook.com/pages/category/Nonprofit-Organization/Independent-Philippine-Petroleum-Companies-Association-IPPCA-120279771348470

More Low-Carbon Energy News Ethanol,   Ethanol Blend,  Philippine Ethano,  Biofuel Blendl Blend,  


New Mexico CCS Project Scores $22Mn in Funding (Funding Report)
New Mexico Institute of Mining and Technology,
Date: 2020-05-06
The New Mexico Institute of Mining and Technology (New Mexico Tech) is reporting the carbon capture project at San Juan Generating Station has scored $22 million in cooperative funding for a northwest New Mexico site analysis.

Data and analyses produced under the funding agreement will be used to prepare, submit and attain a permit from the Environmental Protection Agency to potentially construct a CO2 injection well, that would allow for geologic sequestration of 50 million metric tonnes of CO2. Of the total funding, $17.5 million came from the US DOE and $4.5 million is in cost sharing from the other parties to the agreement. (Source: New Mexico Institute of Mining and Technology, PR, 4 May, 2020) Contact: New Mexico Institute of Mining and Technology, Dr. Robert Balch , Petroleum Recovery Research Centre , 575-835-5434, www.nmt.edu

More Low-Carbon Energy News CCS,  New Mexico Institute of Mining and Technology,  ,  


ACC Announces 2020 Energy Efficiency Award Winners (Ind. Report)
American Chemistry Council
Date: 2020-05-06
The American Chemistry Council (ACC) is reporting 13 of its member companies have been honored under the Responsible Care Energy Efficiency Awards program for implementing energy efficiency improvements in 2019.

Under the Responsible Care Energy Efficiency Awards program, ACC member companies are required to consider operational energy efficiency as well as waste minimization, reuse and recycling when developing environmental, health, safety and security plans.

Award recipients included Albemarle Corporation, Arkema Inc., BASF Corp., Carus Corp., Chevron Phillips Chemical, Dow, Dupont, Eastman Chemical, Hexio Inc., Occidental Chemical, Olin Chemical, SABIC, and Lubrizol . (Source: American Chemistry Council, PR, May., 2020) Contact: American Chemistry Council, www.americanchemistry.com

More Low-Carbon Energy News Energy Efficiency,  


Serbia Earmarks €4.25Mn for Energy Efficiency in 2020 (Int'l.)
Serbia
Date: 2020-05-06
Balkan Green Energy News is reporting the Serbian government has committed roughly €4.25 million for energy efficiency projects implemented by state authorities, local municipalities and other state agencies in 2020.

The money can be used for building thermal insulation, HVAC upgrades and modernization, solar energy installations and energy efficient interior lighting projects as well as for project design work and training.

The programs goals include: financing activities and measures for improving energy efficiency; realizing energy savings and rational use of energy by applying cost-effective technologies and products; increased use of renewable energy sources; reducing GHG emissions and increasing public awareness of the importance of energy efficiency. (Source: Balkan Green Energy News, 4 May., 2020)

More Low-Carbon Energy News Energy Efficiency,  


Modvion Touts Laminated Wood Wind Turbine Tower (Int'l. Report)
Modvion,Swedish Wind Technology Centre
Date: 2020-05-06
Swedish design and engineering firm Modvion is reporting the erection of a pilot 30 meter-tall laminated wood wind turbine tower on a Swedish island near the city of Gothenburg. The pilot was constructed for the Swedish Wind Technology Centre.

According to Modvion, wooden wind towers are cheaper to construct and lighter than steel towers and can be transported in smaller modules allowing towers to be taller and wider, and can extend longer vertically and operate in places where wind speeds are higher.

Modvion's pilot tower received €50,000 from the EU Horizon 2020 innovation fund and was constructed at a glued laminated timber factory owned by project partner and industrial wood specialist Moelven. (Source: Modvion, BusinessGreen, 5 May, 2020) Contact: Modvion, Otto Lundman, CEO, +46(0)702720624, ottolundman@modvion.com, +46(0)702720624www.modvion.com; Swedish Wind Technology Centre, www.chalmers.se/en/centres/SWPTC/contact/Pages/default.aspx

More Low-Carbon Energy News Wind,  Wind Tower,  


TOTAL Aiming for Net-Zero Emissions by 2050 (Int 'l. Report)
TOTAL
Date: 2020-05-06
The Paris headquartered energy giant TOTAL reports it has set a target of net-zero emissions by 2050 or sooner for its worldwide operations. In addition, the company will pursue a reduction of 60 pct or more by that date in the average carbon intensity of energy products used globally by its customers, rising to 100 pct for energy products used by customers in Europe.

This will be achieved in intermediate steps of 15 pct by 2030, and 35 pct by 2040. The company aims is to become a broad-energy company, with oil and gas, low-carbon electricity and carbon-neutrality solutions as integral parts of its business.

The company is presently targeting gross renewable power generation capacity of 25GW in 2025 and will continue to expand into renewable energies. The company allocates more than 10 pct of its capex to low-carbon electricity, which it claims is the highest of any majors, and plans to raise this percentage to 20 pct by 2030 or sooner. (Source: TOTAL, Offshore, 5 May, 2020)

More Low-Carbon Energy News TOTAL news,  Net-Zero Emissions news,  Carbon Emissions news,  CO2 news,  


Pittsburgh's MuseumLab Exhibiting USGBC LEED Gold (Ind. Report)
US Green Building Council
Date: 2020-05-06
In the Keystone State, the Children's Museum of Pittsburgh reports the city's adjacent new MuseumLab has been awarded US Green Building Council LEED® Gold certification for implementing practical and measurable strategies and solutions in areas including sustainable site development, water savings, energy efficiency, materials selection, and indoor environmental quality.

MuseumLab was recently honored with the 2020 Pennsylvania Historic Preservation Award for Construction Project Rehabilitation work dedicated to the protection of historically and architecturally significant places. (Source: Children's Museum of Pittsburgh, May, 2020) Contact: Children's Museum of Pittsburgh, Jane Werner, Exec. Dir., 412-322-5058, www.pittsburghkids.org; US Green Building Council, Mahesh Ramanujam, Pres., CEO, (202) 552-1500, www.usgbc.org

More Low-Carbon Energy News LEED Gold,  Energy Efficiency,  US Green Building Council,  


€30,000 Energy Efficiency Award 2020 Seeks Submissions (Int'l)
Deutsche Energie-Agentur
Date: 2020-05-04
In Berlin, the Deutsche Energie-Agentur (German Energy Agency) reports the launch of its Energy Efficiency Award 2020 and is seeking submissions from private and public organizations that will help companies cut energy consumption and emissions that have an impact on the climate.

The €30,000 Energy Efficiency Award 2020 is focused on cutting industrial energy consumption, increasing energy efficiency, reducing emissions and generally stimulating the transition to clean energy. The award is funded by the Federal Ministry for Economic Affairs and Energy (BMWi).

Companies of any size and from any industry in Germany or abroad can submit one or more competition entries in the following categories:

  • Complex energy efficiency projects -- For a long time, companies have been implementing multi-layered energy efficiency projects where a large number of measures have to be coordinated with one another. Here systematic thinking and integrated solutions are being sought.

  • From clever to digital / the broad spectrum of energy efficiency -- In this category, low-investment measures are being sought just as much as mature technologies, or digitally supported optimization using software solutions or artificial intelligence, e.g. as part of an energy management system.

  • Achieving more together -- Energy Services as enabler of the energy transition The involvement of service providers is particularly useful where ambitious ideas hit up against limited finances, resources or lack of expertise. Such involvement can range from conception, planning and implementation of a system to finance, system control and maintenance.

  • Concepts for carbon neutral companies -- Innovative ideas and new approaches for a green economy. The energy transition needs innovative ideas. Companies that pursue new approaches to reduce their energy consumption and greenhouse gas emissions, or conceive the energy transition in cross-sectoral or holistic terms.

    Download Energy Efficiency Award 2020 details at www.EnergyEfficiencyAward.de. (Source: Deutsche Energie-Agentur GmbH, May, 2020) Contact: Deutsche Energie-Agentur GmbH, Tom Raulien , +49 (0)30 66 777-652, +49 (0)30 66 777-699 - fax, raulien@dena.de; www.dena.de

    More Low-Carbon Energy News Energy Efficiency,  


  • Siemens Gamesa Nails €200Mn Senvion Assets Acquisition (M&A)
    Siemens Gamesa Renewable Energy
    Date: 2020-05-04
    Siemens Gamesa Renewable Energy is reporting the final acquisition of all shares in Ria Blades, S.A., the business entity which owns and operates the onshore wind turbine blade production plant in Vagos, Portugal, as well as other additional assets required to operate the facility.

    The total acquisition purchase price for Senvion's selected assets, including the manufacturing facility in Vagos, the Onshore European Services assets and IP came in at €200 million -- subject to closing accounts confirmatory adjustments. (Source: Siemens Gamesa, PR, Smart Energy, May, 2020) Contact: Siemens Gamesa Renewable Energy, www.siemensgamesa.com; Senvion, Jurgen Geissinger, CEO, +49 40 5 55 50 90 0, www.senvion.com

    More Low-Carbon Energy News Siemens Gamesa Renewable Energy,  Senvion,  Wind,  

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