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Equinor Announces Major GHG Reduction Goals (Int'l, Ind. Report)
Equinor
Date: 2020-01-10
Oslo-headquartered Norwegian oil and gas major Equinor -- fka Statoil -- reports it aims reduce the absolute greenhouse gas emissions from its operated offshore fields and onshore plants in Norway by 40 pct by 2030, increasing to 70 pct by 2040 and to near zero by 2050, using 2005 as a baseline.

The GHG reduction goal will cover all of the company's Norwegian offshore fields and onshore plants, including both Scope 1 and Scope 2 emissions of CO2 and methane, levels of which are very low at the Norwegian continental shelf.

The reductions will be achieved through large scale industrial measures, including energy efficiency, digitalization and the launch of several electrification projects at key fields and plants, including the Troll and Oseberg offshore fields and the Hammerfest LNG plant, at an estimated cost NOK 50 billion ($5,630,500,000 US) or more. (Source: Equnior, Smart Energy Jan., 2020) Contact: Equinor, Eldar Saetre, CEO, Pal Eitrheim, VP New Energy Solutions, www.equinor.com

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


SkySpecs Raises $17Mn in Series C Round Funding (Funding Report)
SkySpecs
Date: 2019-12-23
Ann Arbor, Michigan-based wind industry operations and maintenance solutions provider SkySpecs reports it has closed a $17 million series C round. The round was led by McRock iNFund LP and other new investors including Equinor Energy Ventures, and Evergy Ventures, the non-regulated investment affiliate of Evergy, the parent company of Kansas City Power & Light Company (KCP&L) and Westar Energy, Statkraft Ventures and others. To date, the company has raised $29 million.

SkySpecs automates the operations and maintenance of wind energy assets through robotics, predictive analytics software, and industry expertise to enable better decision making and a higher degree of transparency into operational planning over the lifetime of a fleet. (Source: SkySpecs, PR, 20 Dec., 20919) Contact: SkySpecs, Theresa Trevor, Media, (734) 413-7346X777, theresa.trevor@skyspecs.com, www.skyspecs.com; Evergy Ventures, www.evergyventures.com; Equinor Energy Ventures, www.equinor.com

More Low-Carbon Energy News SkySpecs,  Wind,  


Ervia, Equinor to Evaluate Irish CCS Potential Benefits (Int'l)
Ervia,Equinor
Date: 2019-11-27
On the Emerald Isle, Dublin-based utility company Ervia is reporting a MoU with Stavanger, Norway-based Equinor ASA under which the two firms will assess the potential for Ireland to benefit from Carbon Capture and Storage (CCS).

Under the MoU, Ervia will work with Equinor, a world leader in CCS technology, and the Norwegian Government's wider Northern Lights project, which aims to drive CCS development across Europe. If successful, the project would see carbon emissions from Ireland's electricity production and large industry captured and sequestered in Norway's geological reserves in the North Sea. Northern Lights project partners include ArcelorMittal, Air Liquide, Shell, Total, Equinor and others. (Source: Ervia, Chemical Engineering, 25 Nov., 2019) Contact: Ervia, Cathal Marley, Interim CEO , www.ervia.ie; Equinor ASA, www.equinor.com

More Low-Carbon Energy News Ervia,  CCS,  Equinor,  


Equinor, ESB Pursuing Irish Offshore Wind Projects (Int'l Report)
Equinor,ESB
Date: 2019-11-25
In Dublin, the Irish state-owned Electricity Supply Board (ESB) reports it is partnering with Oslo, Norway-based energy company Equinor to identify suitable sites for and develop new offshore wind farms in Irish waters. The two firms will also investigate potential wind energy storage and other related technologies.

Together, ESB and Equinor are specifically interested in large scale wind projects that could be in commercial operation by 2030. ESB notes its recent investment in the Galloper offshore wind farm in the UK in line with its Brighter Future Strategy. (Source: ESB, Equinor, Silicon Republic, Others, 21 Nov., 2019) Contact: ESB Generation and Trading, Jim Dollard, 00353 21 238 6555, esbnetworks@esb.ie,www.esb.ie ; Equinor, Pal Eitrheim, VP New Energy Solutions, www.equinor.com

More Low-Carbon Energy News Equinor,  ESB,  Wind ,  Offshore Wind,  


Kvaerner Claims Hywind Tampen Offshore Wind Contract (Int'l. Report)
Kvaerner,Equinor
Date: 2019-11-01
Oslo, Norway-based offshore engineering and construct firm Kvaerner reports it has contracted with Equinor to deliver 11 floating concrete hulls for offshore wind power turbines for Equinor's Hywind Tampen project off the coast of Norway -- the world's largest floating offshore wind farm.

The NOK 1.5 billion ($164,964,000 - US) contract includes full project management, engineering, assembly site management, mooring system installation, units tow-to-field and installation of the floating wind turbine units. (Source: Kvaener, PR, 31 Oct., 2019) Contact: Kvaener, Karl-Petter Loken, Pres., Torbjørn Andersen, IR & Communications, +47 928 85 542, torbjorn.andersen@kvaerner.com, www.kvaerner.com; Equinor, Pal Eitrheim, VP New Energy Solutions, www.equinor.com

More Low-Carbon Energy News Kvaerner,  Wind,  Offshore Wind,  Equinor,  


German Utility EnBW Eyes N.Y. Bight Offshore Wind (Int'l. Report)
EnBW,Orsted, Equinor,Eversource Energy
Date: 2019-10-28
The EnBW Group, a German utility company and offshore wind developer, reports it is looking to bid on the next round of wind energy leases in the New York Bight.

The company also reports the finalization of contracts with Equinor Wind US for its 816-MW Empire Wind project near the New York Harbor approaches, and the Sunrise Wind 880 MW project that Orsted and Eversource Energy plan for a federal lease east of Long Island.

EnBW has offices in Boston and Jersey City, N.J., with an eye to future lease offerings. (Source: EnBW, Workboat, 23 Oct., 2019)Contact: EnBW, Frank Mastiaux, CEO, +49 721 63 14320, www.enbw.com; Orsted, Henrik Poulsen, CEO, Daniel Lerup, Inv. Relations, +45 99 55 97 22, www.orsted.com; Equinor, Pal Eitrheim, VP New Energy Solutions, www.equinor.com; Eversource Energy, Jim Judge, Pres., CEO, Lee Olivier, EVP of Strategy and Business, www.eversource.com

More Low-Carbon Energy News Eversource Energy,  EnBW,  Orsted,  Offshore Wind,  Equinor,  


Oil & Gas Climate Initiative Commits to Cutting Emissions (Int'l)
Oil and Gas Climate Initiative
Date: 2019-10-28
In London, the thirteen-member Oil and Gas Climate Initiative (OGCI) is reporting a $1 billion commitment to support the goals of the Paris Climate Accord -- including investments in carbon capture, use and storage (CCUS) and supporting carbon taxes and economic incentives aimed at reducing emissions.

Initially, OGCI will help decarbonize multiple industrial hubs in the United States, United Kingdom, Norway, the Netherlands and China. The OGCI also aims to build on the industry's reduction in methane emissions (9 pct in 2018) and to include carbon emissions in hope that future temperature increases will not exceed 2 degrees Celsius. To complement its methane emissions-intensity target, OGCI seeks to reduce collective average carbon intensity by 2025.

The OGCI member companies -- BP, Chevron, CNPC, Eni, Equinor, ExxonMobil, Occidental, Pemex, Petrobras, Repsol, Saudi Aramco, Shell and Total -- account for 32 pct of global operated oil and gas production, according to the OGCI website. (Source: OGCI, Alex Mills, Tims Record News, 28 Oct., 2019) Contact: Oil and Gas Climate Initiative, +44 (0)203 922 0853, contact@climateinvestments.energy, www.oilandgasclimateinitiative.com

More Low-Carbon Energy News Oil and Gas Climate Initiative ,  


Coalition Calls for 10 GW of Calif. Offshore Wind Power (Ind Report)
Equinor,Aker Solutions,NREL
Date: 2019-10-07
A new Offshore Wind California coalition of renewable energy companies is calling for the Golden State to commit to a goal of at least 10 GW of primarily floating offshore wind power in California waters by 2040.

The group that counts Equinor and offshore engineering company Aker Solutions among its members notes that U.S. East Coast states have about 22 GW worth of offshore wind commitments and are projected to see an estimated $70 billion in related supply chain spending by 2030.

The US DOE National Renewable Energy Laboratory (NREL) estimates California's potential for offshore wind at about 112 GW, including about 8.4 GW in three Bureau of Ocean Energy Management (BOEM) designated study areas. NREL also notes that floating wind platforms are a basic requirement for most of the state's offshore waters, which are too deep to support monopile or multi-leg jackets. (Source: NREL, Maritime Executive, Oct., 2019) Contact: NREL, www.nrel.gov; Aker Solutions, Fredrik Berge, Inv. Relations, +47 22 94 62 19, fredrik.berge@akersolutions.com, www.akersolutions.com; Equinor, Pal Eitrheim, VP New Energy Solutions, www.equinor.com

More Low-Carbon Energy News Offshore Wind,  Floating Offshore Wind,  BOEM,  NREL,  Equinor,  Aker Solutions,  Offshore Wind,  


Equinor Offloads 25 pct Stake in German Offshore Wind Farm (Int'l)
Equinor, RWE Renewables
Date: 2019-10-04
In Oslo, Equinor is reporting it will sell a 25 pct stake in the Arkona Offshore wind farm in the German Baltic Sea to funds advised by Credit Suisse Energy Infrastructure Partners for roughly €500 million ($547.85 million). Equinor will retain a 25 pct stake.

The 385MW Arkona Offhore wind farm is operated by RWE Renewables, which holds a 50 pct stake in the wind farm. (Source: Equinor, Reuters, 3 Oct., 2019)Contact: Equinor, Pal Eitrheim, VP New Energy Solutions, www.equinor.com; RWE Renewables, ww.rwe.com

More Low-Carbon Energy News RWE Renewables,  Equinor ,  Offshore Wind,  


GE Haliade-Xs Selected for Mammoth UK Offshore Wind Farm (Int'l.)
GE Renewable Energy
Date: 2019-10-02
GE Renewable Energy reports receipt of a preferred supplier agreement to deliver as many as 300 of its Haliade-X turbines for the giant 3.6 GW Dogger Bank complex of three, 1.2GW wind farms being constructed off the UK by a developer consortium made up of Equinor and SSE.

The Dogger Bank order, which hinges on a final investment decision expected before the end of next year, would kick-off a £9 billion ($11 billion) capital investment by the developers. Once fully operational, Dogger Bank will supply sufficient power for more than 4.5 million homes -- 5 pct of the UK's estimated electric power generation. Construction is set to get underway early next year for power production in 2023. (Source: GE, Recharge Wind, 1 Oct., 2019) Contact: GE Renewable Energy, John Lavelle, CEO Offshore Wind, www.ge.com/renewableenergy

More Low-Carbon Energy News GE Renewable Energy,  Offshore Wind,  Dogger Bank,  


Shell, BP Join Collaboratory for Advancing Methane Science (Int'l)
Collaboratory for Advancing Methane Science
Date: 2019-09-20
Petroleum giants BP and SIEP, Inc. (Shell) are reported to have joined the Collaboratory for Advancing Methane Science (CAMS), an industry-led consortium researching methane emissions and delivering transparent data to evaluate the most effective methane emissions reduction strategies. Other CAMS participants include Cheniere, Chevron, Equinor, ExxonMobil, and Pioneer Natural Resources.

CAMS undertakes scientific studies addressing methane emissions along the natural gas value chain, from production through end use. Studies will focus on detection, measurement and quantification of methane emissions with the goal of finding opportunities for reduction. CAMS' first project is to develop an open access oil and gas operations emissions calculator that will estimate methane emissions at a basin level and enable operators to evaluate effectiveness of mitigation strategies. (Source; CAMS, Green Car Congress, 19 Sept., 2019) Contact: Collaboratory for Advancing Methane Science, www.methanecollaboratory.com

More Low-Carbon Energy News Methan,  GHG,  Greenhouse Gas,  


HeidelbergCement Joins Norwegian CCS Project (Int'l. Report)
HeidelbergCement
Date: 2019-09-11
HeidelbergCement reports it has joined a list of leaders from various industries in endorsing Norway's state-owned energy group Equinor's carbon capture and storage (CCS) plans.

HeidelbergCement's Norwegian subsidiary Norcem has been involved in CCS research at its 1.2Mt/yr integrated cement plant in Brevik since 2011. The plant was "shortlisted" by the Norewgian government for its multiple-industry Northern Lights CCS project early last year Beginning in 2023, Equinor will remove 0.4Mt/yr of CO2, half of the plants total CO2 output, from Brevik for storage in empty oil and gas fields beneath the North Sea. (Source: HeidelbergCement, Global Cement News, 6 Sept., 2019) Contact: HeidelbergCement, Dr Bernd Scheifele, CEO, Jan Theulen, Director Alternative Resources, www.heidelbergcement.com; Equinor, Pal Eitrheim, VP New Energy Solutions, www.equinor.com

More Low-Carbon Energy News HeidelbergCement,  Carbon Emissions,  Equinor,  


Norwegian CCS Project Announces Major Participants (Int'l. Report)
Equinor,Gassnova
Date: 2019-09-09
In Oslo, Norway's Equinor is reporting steel maker ArcelorMittal, Heidelberg Cement, the Swedish refiner Preem, and the Finish energy firm Fortum Oyi are among the firms signing Memorandums of Agreement (MoU) on joining the Norwegian government's Northern Lights underground carbon dioxide (CO2) storage project offshore Norway. The CCS project is led by Equinor in partnership with Shell and the French energy giant Total.

Industry's commitment is considered crucial for the Norwegian government's investment in the project, which aims at capturing and storing up to 5 million tonnes of CO2 from various industrial sites onshore. The project is expected to cost between $802 million and $1.4 billion to establish a full CCS chain. To date, Norway has spent roughly $92 million on the project which could start operations in 2023 or 2024, according to a Gassnova, a governmental agency in charge of CCS development, report.(Source: Equinor, Gassnova, Reuters, 5 Sept., 2019) Contact: Equinor, Eldar Saetre , CEO, www.equinor.com/en; HeidelbergCement, Dr Bernd Scheifele, CEO, Jan Theulen, Director Alternative Resources, www.heidelbergcement.com; Fortum Oyi, www3.fortum.com; PREEM, Petter Holland, CEO, Pres., +46 (0) 10 459 1000, www.preem.se/en/in-english

More Low-Carbon Energy News GassnovaCCS,  Equinor,  ArcelorMittal,  Heidelberg Cement,  Preem,  Fortum,  


Ervia, Equinor Ink Carbon Capture & Storage MoU (Int'l Report)
Equinor,Ervia
Date: 2019-09-06
In Dublin, the Irish state utility company Ervia reports it has inked Memorandum of Understanding (MoU) with the Norwegian firm Equinor -- f.k.a. Statoil -- to undertake research on the potential for Ireland to benefit from Carbon Capture and Storage (CCS).

Under the MoU, Eriva will work with Equinor and the Norwegian Government's wider "Northern Lights" project which aims to drive CCS development across Europe. If successful, this would see carbon emissions from Ireland's electricity production and large industry captured and exported via ship to be permanently stored in Norway's geological reserves in the North Sea.

Ervia, previously known as Bord Gais or Bord Gais Eireann, is a multi-utility company distributing pipeline natural gas, water services and dark fiber services in Ireland. (Source: Business Irish, Ervia, 5 Sept., 2019) Contact: Ervia, Cathal Marley, CEO, +44 01 823 0300www.ervia.ie

More Low-Carbon Energy News Equinor,  Bord Gais,  CCS,  Carbon Emissions,  


OGTC Announces Net-Zero Solution Center (Int'l. Report)
Oil & Gas Technology Center
Date: 2019-09-04
In the UK, the Aberdeen-based Oil & Gas Technology Center (OGTC) , in partnership with industry, reports it will create a new Net-Zero Solution Center to accelerate the development and deployment of technologies to de-carbonize offshore operations and develop the UKCS as the first net-zero oil and gas basin globally, supporting the industry's Roadmap 2035.

The Center will focus on developing technologies to reduce operational carbon emissions, working with other parts of the energy sector to create integrated solutions and re-purposing infrastructure to accelerate carbon capture usage and storage, hydrogen production and gas-to-wire capacity.

BP, Shell, Wood, Chrysaor, Aker Solutions, INEOS, CNOOC International, Total, Siemens and Equinor are among the project's backers. (Source: Offshore Engineering, OGUK, PR, 3 Sept., 2019) Contact: Oil & Gas Technology Center, Colette Cohen, CEO, +44 1224 063200, www.theogtc.com

More Low-Carbon Energy News Net-Zero Emissions,  Carbon Emissions,  


Equinor Investing in Argentine Renewable Energy Market (Int'l.)
Equinor ,YPF Luz.
Date: 2019-08-09
Oslo-headquartered Norwegian oil and gas major Equinor -- fka Statoil -- reports it has entered the Argentine wind-power market with a $30 million share purchase bid for a 50 pct stake in the 120MW Canadon Leon wind farm project, which is owned and being built in Santa Cruz Province by the state controlled power company YPF Luz.

Equinor holds a 50 pct indirect interest in the 100MW Guanizul 2A solar farm and recently signed a memorandum of understanding with Petrobras to investigate Argentina's offshore wind energy potential. (Source: Equinor, Recharge, 7 Aug., 2019) Contact: Equinor, Pal Eitrheim, VP New Energy Solutions, www.equinor.com; YPF Luz, www.ypfluz.com

More Low-Carbon Energy News Equinor ,  Wind,  YPF Luz. ,  


Equinor Considering Brooklyn Marine Terminal Lease (Ind. Report)
Equinor
Date: 2019-07-24
Crain's New York Business is reporting Norwegian energy giant Equinor is considering a lease of the vacant 65-acre South Brooklyn Marine Terminal for the logistics and fabrication of offshore wind turbines for its 816-MW Empire Wind offshore wind farm off the coast of Long Island.

Equinor's Empire Wind offshore wind project would supply electric power to New York City as is part of Gov. Andrew Cuomo's recently announced 1,700-MW renewable energy commitment. (Source: Equinor, Connect New York, 23 July, 2019) Contact: Equinor, www.equinor.com/en

More Low-Carbon Energy News Equinor,  Offshore Wind,  


Equinor Pursuing Canary Island Floating Wind Farm (Int'l Report)
Equinor
Date: 2019-06-05
Oslo-headquartered Norwegian energy company Equinor is reportedly interested in developing an €860 million, 200-MW floating wind farm offshore Spain's Gran Canaria island, according to various media.from the coast of Juan Grande.

Equinor expects to start working on obtaining the necessary permits for the project by the end of the year and to put the wind farm into operation in 2024. If selected, the project is expected to be similar to Equinor's 30MW Hywind Scotland, the world's first commercial-scale floating wind farm operation. (Source: Equinor, Offshore Wind Biz, 4 June, 2019) Contact: Equinor, www.equinor.com/en

More Low-Carbon Energy News Equinor,  Wind,  Offshore Wind,  Floating Wind Farm,  


Carbon Capture Hub Planned for UK Humber Region (Int'l Report)
National Grid, Drax, Equinor
Date: 2019-05-29
In the UK, National Grid, Drax and Equinor are reporting they will partner to develop the country's first carbon capture, usage and storage (CCUS) hub in the Humber region. Under their initial plan, carbon emissions from the woody biomass-wood pellet burning Drax power station near Selby, could be captured and stored in disused gas fields in the southern North Sea. (Source: DRAX,Various Media, May, 2019)Contact: DRAX, Will Gardiner, CEO, www.drax.com; Equinor, www.equinor.com/en; UK National Grid, www2.nationalgrid.com/uk

More Low-Carbon Energy News CCS,  UK National Grid,  Drax ,  Equinor,  


Equinor Exploring Korean Offshore Wind Opportunities (Int'l. Report)
Equinor,Korea East-West Power
Date: 2019-05-06
Norwegian energy giant Equinor has partnered with Korea National Oil Corporation, Korea East-West Power Company and Ulsan City to explore floating offshore wind opportunities.

To that end, a memorandum of understanding (MoU) has been signed with Ulsan City, a major South Korean maritime shipping center, and an amendment made to include Korea East-West Power Company in a previously executed MoU with Korea National Oil Corporation. (Source: Equinor, PR, Smart Energy, 3 May, 2019) Contact: Korea National Oil Corporation, www.knoc.co.kr; Korea East-West Power, www.ewp.co.kr/eng; Equinor, www.equinor.com/en

More Low-Carbon Energy News Equinor,  Offshore Wind,  


Oxford PV Raises £31Mn for Solar Cell Commercialization (Int'l)
Oxford PV
Date: 2019-03-18
UK perovskite solar firm Oxford PV reports it has raised £31 million ($41 million) following the first close of its Series D funding round. The new funds are earmarked for advancing the company's perovskite based solar cell technology into the commercial phase.

Investors included Chinese wind turbine maker Xinjiang Goldwind Science & Tech Co Ltd., Norwegian oil and gas major Equinor ASA and the venture capital arm of Legal & General Group Plc. The company has raised mare than £76 million over the last five years, including €15 million ($17 million) in financing from the European Investment Bank (EIB). (Source: Oxford PV, Renewables, 15 Mar., 2019) Contact: Oxford PV, +44 1865 951 500, info@oxfordpv.com, www.oxfordpv.com

More Low-Carbon Energy News Oxford PV,  Solar,  EIB,  perovskite solar cell,  


Equinor Awarded Seabed CO2 Storage Exploration Permit (Int'l)
Equinor
Date: 2019-01-16
The Norwegian Government reports it has awarded an exploitation permit for CO2 storage on the Norwegian Continental Shelf to Norwegian multinational energy company Equinor. The permitted area is close to the Troll oil and gas field in the North Sea.

Equinor is currently performing front-end engineering and design (FEED) studies on storage with project partners Shell and Total. The FEED-studies will provide more accurate cost estimates necessary for an investment decision. Equinor will next prepare a Plan for Development and Operations (PDO) scheduled for delivery in 2019. An investment decision for the Norwegian full-scale CCS project is expected in 2020/2021. (Source: Equinor, Gas World, 14 Jan., 2019) Contact: Equinor, www.equinor.com/en

More Low-Carbon Energy News Equinor,  CCS,  Seabed Carbon Storage,  


Equinor Licensed to Build Norwegian Seabed CO2 Storage (Int'l)
Equinor
Date: 2019-01-11
In Oslo, Reuters is reporting the Norwegian Oil Ministry has awarded a license to Oslo-headquartered Equinor to develop carbon dioxide (CO2) storage under the North Sea. The company is now expected to submit a development plan for the Norwegian parliament's approval in 2020 or 2021. The preliminary estimates from 2016 showed it could cost approximately $852 million to establish a full CCS chain, including CO2 transportation by ships and the sub-sea storage.

The planned storage will be located near Norway's largest oil and gas field, Troll, and aims to be able to receive CO2 from onshore power, cement plants and sources. About 1.5 million tpy of CO2 could be stored beneath the seabed during the first phase of the project, according to Equinor.

If approved, the storage operation is expected to begin operations operations in 2023 or 2024. (Source: Equinor, Gassnova, Reuters, 11 Jan., 2019) Contact: Equinor, www.equinor.com/en

More Low-Carbon Energy News Equinor,  Carbon Sequestration,  CO2,  Carbon Storage,  


US Offshore Wind Auction Draws $405Mn in Bids (Ind. Report)

Date: 2018-12-17
In Washington, the US Department of Interior (DoI) is reporting its recent offshore wind lease auction of about 390,000 acres off the coast of Massachusetts has drawn a record $405 million in winning bids from Equinor Wind, Vineyard Wind and Mayflower Wind.

If fully developed, the three parcels near Martha's Vineyard and Block Island could generate about 4.1 gigawatts of energy -- sufficient power for as many as 1.5 million homes.

There are currently 15 active wind leases in federal waters that have generated more than $473 million in winning bids for nearly two million acres in federal waters, according to BOEM. (Source: US DoI,Workboat,Various Media, 14 Dec., 2018) Contact: Equinor Wind,(508) 717-8964, Vineyard Wind, www.equinor.com;www.vineyardwind.com

More Low-Carbon Energy News Offshore Wind,  Equinor Wind,  ,  Mayflower Wind Energy ,  Vineyard Wind,  


Petrobras, Equinor Explore Brazil Offshore Wind Opportunity (Int'l)
Petrobras,Equinor
Date: 2018-10-03
Petrobras reports it has inked has a MOU with Oslo, Norway-based Equinor -- fka Statoil -- to evaluate an offshore wind development in Brazil. The two companies have been researching other potential areas for cooperation including the development of renewable energy initiatives.

Petrobras has four wind farms in partnership, totaling 104 MW in installed capacity. The company also owns a 1.1 MW solar photovoltaic power research and development plant in Rio Grande do Norte where the operations of four types of technology are currently under evaluation.

Equinor operates three wind farms along the coast of the U.K. and is involved in offshore wind projects in the U.K., Germany and the U.S.(Source: Petrobras, Maritime Exec., 2 Oct., 2018)Contact: Petrobras , Pedro Parente, CEO, sac@petrobras.com.br, www.petrobras.com; Equinor, www.equinor.com/en

More Low-Carbon Energy News Petrobras,  Wind,  Brasil Wind,  Equinor,  


Scatec, Equinor Ink 117MW Argentinian Solar Agreement (Int'l)
Martifer Renewables
Date: 2018-06-20
In Norway, Oslo-headquartered Scatec Solar reports it has in a 50/50 JV with Equinor inked an agreement with the Lisbon, Portugal-based company Martifer Renewables for the acquisition of the 117 MW PV project Guanizuil IIA located in the Province of San Juan in the northwest of Argentina.

The project is expected to produce about 308,000 MWh of electricity per year and has a 20-year Power Purchase Agreement (PPA) with CAMMESA.

Construction is expected later in 2018 for commercial operation by the end of 2019.

Argentina is targeting 20 pct of its power generation to be from renewable sources by 2025, and estimates that 10 GW of additional renewable capacity is needed.

Scatec Solar will on a 50/50 joint venture basis together with Equinor build, own and operate the power plant at an estimated cost of $95 million.

Scatec Solar is an integrated independent solar power producer that develops, builds, owns, operates and maintains solar power plants and has an installation track record of 1,000 MW. The company holds 322 MW of solar power plants in the Czech Republic, South Africa, Rwanda, Honduras and Jordan and has 1,092 MW under construction. With an established global presence and a significant project pipeline, the company is targeting a capacity of 3.5 GW in operation and under construction by end of 2021. (Source: Scatec Solar, 19 June, 2018) Contact: Scatec Solar, Raymond Carlsen, CEO +47 976 99 144, www.scatecsolar.com; Martifer Renewables, http://martifer.com/pt/grupo/institucional/areas-de-negocio/martifer-renewables; Equinor, www.equinor.com/en

More Low-Carbon Energy News Martifer,  Equinor,  Scatec Solar,  Solar,  

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