Iberdrola, DP Energy
Date: 2020-01-20
Madrid-headquartered energy major Iberdrola reports it has committed $500 million to construction of the 320-MW Port Augusta Renewable Energy Huba hybrid wind and solar project near Port Augusta in South Australia. Construction of the the DP Energy Ltd. developed project is slated to break ground in June.

The first stage of the project, which has bee sold to Iberdrola, will incorporate 210 MW of wind capacity and 110 MW of solar capacity has been sold to Iberdrola, DP Energy will hold a proposed second stage featuring more solar PV and a battery storage capacity. The Port Augusta Renewable Energy Hub will result in a significant increase in the share of wind and solar in the state's grid, and has been welcomed by the Liberal state government, which aims to reach net 100 per cent renewables by around 2030. (Source: Iberdrola, IEEF.org, 15 Jan., 2020)Contact: Iberdrola, Fernando Santamaria, Australia Manager, www.iberdrolarenewables.com; DP Energy, +353 22 23955, www.dpenergy.com

More Low-Carbon Energy News Iberdrola,  Wind,  Australia Wind,  DP Energy,  

Iberdrola
Date: 2020-01-08
Madrid-headquartered renewable energy giant Iberdrola is reporting completion of the 500-MW Nunez de Balboa solar project -- the largest in Europe -- according to Iberdrola. The facility is now being tested by Spanish grid operator Red Electrica de Espana (REE) and is slated for full commercial operation in Q1, 2020.

The €290 million ($325 million) facility incorporates solar panels from Chinese manufacturers Suntech, Longi and GCL-SI. The project was financed through the European Investment Bank (EIB)and the Spanish state-owned Instituto de Credito Oficial. (Source: Iberdrola, Various Media, GTM, 3 Jan., 2019) Contact: Iberdrola Renewables, Xabier Viteri, Dir. Renewables Business, www.iberdrolarenewables.com

More Low-Carbon Energy News Iberdrola,  Solar,  

Iberdrola, BNDES,Brazilian Wind Power
Date: 2020-01-08
In Rio de Jan1ero, the Brazilian National Bank for Economic and Social Development (BNDES) reports approval of a 1.3 billion reais loan to Brazilian Wind Power to finance construction of 12 wind farms in Paraíba state totaling 1.6 billion reais ($395,765,440 US). The wind farms will have a total installed capacity of 370.8 MW when fully operational in 2022.

Brazilian Wind Power is controlled by Neoenergia, owned by Madrid-based renewable energy giant Iberdrola. (Source: BNDES,PR, reve, 3 Jan., 2019) Contact: National Bank for Economic and Social, Development, +55 21 2052-7447 / 3747-7447, www.bndes.gov.br; Iberdrola Renewables, Xabier Viteri, Dir. Renewables Business, www.iberdrolarenewables.com

More Low-Carbon Energy News Iberdrola,  Wind,  Brazil Wind,  

Iberdrola,ScottishPower
Date: 2019-12-06
In the UK, Iberdrola-owned ScottishPower is reporting plans to install solar panels and batteries next to its wind turbines nationwide.

Applications for the solar and battry installations have been submitted for existing wind farms in Cornwall, Lancashire and Cambridgeshire in England with projects in Scotland and Ireland to follow. The company is also developing 1,000 MW of new onshore wind projects which will also be solar panel and battery equipped.

ScottishPower is the first integrated energy company in the UK to solely generate 100 pct renewable energy, according to the company. (Source: ScottishPower, Scotland Herald, 5 Dec., 2019) Contact: ScottishPower Renewables, Lindsay McQuade, CEO, +44 0 141 614 0000, www.scottishpowerrenewables.com

More Low-Carbon Energy News Iberdrola,  Wind,  ScottishPower,  Energy Storage,  Battery,  Solar,  

PRIME Alliance
Date: 2019-09-20
In Brussels, the PoweRline Intelligent Metering Evolution Alliance (PRIME) reports more than 40 participants from over 20 utilities and integrators and certification entities -- CEZ Distribuce, EDP Distribuicao, E-Redes, Iberdrola and others -- attended its fifth annual Utility to Utility User Group Conference in Munich. The conference highlighted the deployment of 21,000,000 smart meters with PRIME Technology worldwide.

Attending utilities received further clarification on how approximately 80 products have been PRIME certified by laboratory members, such as DNV-GL and Tecnalia.

PRIME represents a public, open and non-proprietary telecommunications architecture which supports present and future AMM functionalities and enables the building of the electricity networks of the future, or smart grids.

PRIME aims to establish a complete set of international standards which will allow for full interoperability among equipment and systems from different providers. Thus, competition in the metering market will benefit utilities and its customers.

The components of PRIME architecture (modulation and coding techniques, protocols, data formats etc.) are not subject to any Intellectual Property Rights. Specifications are comprehensive and detailed enough so that any new entrant will be able to provide interoperable solutions to the market, according to the PRIME website. (Source: PRIME Alliance, PR, 19 Sept., 2019) Contact: PRIME Alliance, info@prime-alliance.org, www.prime-alliance.org

More Low-Carbon Energy News PRIME Alliance,  Smart Meter,  Energy Management,  Energy Efficiency,  

Iberdrola
Date: 2019-09-16
Spanish wind developer Iberdrola reports its 102-turbine North Sea East Anglia One offshore wind farm off the coast of County Suffolk has been connected to the UK electricity grid and is slated to go into operation next year. Iberdrola's subsidiary, ScottishPower Renewables, which installed 25 turbines on the site this summer, will gradually connect them to the grid.

When fully operational in 2020, the £2.5 billion, 300 km2 project will be the worlds largest wind farm, with an installed capacity of 714 MW supplying energy to 630,000 British homes. (Source: Iberdrola, reve, 15 Sept., 2019) Contact: East Anglia One, www.iberdrola.com/conocenos/lineas-negocio/proyectos-emblematicos/parque-eolico-marino-east-anglia-one, www,iberdrola.com

More Low-Carbon Energy News Iberdrola,  Offshore Wins,  

UN Global Compact,Science Based Targets initiative
Date: 2019-07-24
In a joint press release from the United Nations Global Compact, the Science Based Targets initiative (SBTi) and the We Mean Business have committed themselves to more ambitious climate targets aligned with limiting global temperature rise to 1.5 degree C above pre-industrial levels and reaching net-zero emissions by no later than 2050. The joint commitment from the coalition 28 companies with a total market capitalization of $1.3 trillion heeds the most recent report by the Intergovernmental Panel on Climate Change (IPCC) which warned of catastrophic consequences should global warming exceed 1.5 degree C.

Participating companies include: Acciona, AstraZeneca, Banka BioLoo, BT, Dalmia Cement Ltd., Eco-Steel Africa Ltd., Enel, Hewlett Packard Enterprise, Iberdrola, KLP, Levi Strauss & Co., Mahindra Group, Natura &Co, Novozymes, Royal DSM, SAP, Signify, Singtel, Telefonica, Telia, Unilever, Vodafone Group PLC and Zurich Insurance, amongst others, collectively representing over one million employees from 17 sectors and more than 16 countries. (Source: UN Global Compact, PR, COMTEX, 23 July, 2019) Contact: UN Global Compact, (212) 907-1301, www.unglobalcompact.org; Science Based Targets Initiative, +44 (0) 20 3818 3916, Sarah.Savage@cdp.net, www.sciencebasedtargets.org; We Mean Business Coalition, Kristen King, (904) 608- 1745 kristen@wemeanbusinesscoalition.org www.wemeanbusinesscoaltion.org

More Low-Carbon Energy News Science Based Targets initiative,  UN Global Compact,  Carbon Emissions,  Climate Change,  

Neoenergia,Iberdrola
Date: 2019-07-03
Neoenergia, a subsidiary of Iberdrola, reports it has contracted with its subsidiary company Fuerza Eolica del Brasil S.A. to sell 30 pct of the wind energy it will produce in two new wind farms in Piauí State, northeastern Brazil.

The two wind farms totaling 74 MW of installed power capacity are expected to come in at roughly $77 million and come on line in mid 2022.

The Neoenergia group has 17 wind farms that produce 516 megawatts (MW) and is constructing another 15 with capacity to produce 545 MW. (Source: Neoenergia, PR, reve, 29 June, 2019) Contact: Neoenergia, Alexandre Medeiros, Sustainability Mgr., +55 21 96723-4385 +55 21 3235-9880, alexandre.medeiros@neoenergia.com, www.neoenergia.com

More Low-Carbon Energy News Neoenergia.Iberdrola,  Wind,  

Iberdrola,ScottishPower
Date: 2019-06-19
Spanish utility company Iberdrola reports will begin selling electricity to Irish residential customers this week. The firm also notes it will invest €100 million on renewing three of its wind farms with newer, more efficient wind turbines to boost their power generation capacity.

Iberdrola has been operating in Ireland for 20 years through its UK business ScottishPower, which owns several Irish wind farms, including Barnesmore in County Donegal. (Source: Iberdrola, PR, Irish Times, reve, 18 June, 2019) Contact: Iberdrola] Ireland, Colin McNeill, CEO, Iberdrola Renewables, Xabier Viteri, Dir. Renewables Business, www.iberdrolarenewables.com; ScottishPower, Keith Anderson, CEO, +44 800 027 0072, www.scottishpower.co.uk

More Low-Carbon Energy News Iberdrola,  Wind,  ScottishPower,  

Iberdrola
Date: 2019-03-04
Iberdrola is reporting the commissioning and startup of the €20 million-plus Chimiche II wind farm on the island of Tenerife. The Chimiche II wind farm incorporates seven Siemens Gamesa wind turbines of 80 meters high capable of producing 18.4 megawatts of power, supplying adequate electric power to roughly 15,000 homes.

The Canarian energy mix has grown from 8 pct to 20 pct in three years. (Source: Iberdrola, reve, s Mar., 2019)Contact: Iberdrola Renewables, Xabier Viteri, Dir. Renewables Business, www.iberdrolarenewables.com

More Low-Carbon Energy News Iberdrola,  Wind,  

Vineyard Wind
Date: 2019-02-20
US offshore wind developer Vineyard Wind is reporting a new "Liberty Wind", 1,200 MW offshore wind project proposal in response to the New York State Energy Research and Development Authority's (NYSERDA) solicitation of offshore wind project proposals.

The new proposal includes project size options of 400 MW, 800 MW, and 1,200 MW -- with the 1,200 MW project described by the company as "the most cost-effective option for New York ratepayers and one of the largest offshore wind projects in the world."

The proposed project would be sited 85 miles offshore from the nearest New York shoreline and be sub-sea connected to an existing Long Island substation. Vineyard Wind is collaborating with Wakefield, Massachusetts-based transmission developer Anbaric Development Partners.

Vineyard Wind is an offshore wind development company 50 pct owned by funds of Copenhagen Infrastructure Partners and 50 pct owned by Avangrid Renewables, part of the IBERDROLA Group. (Source: CleanTechnica, 15 Feb., 2019) Contact: Vineyard Wind, Lars Thaaning Pedersen, CEO ,(508) 717-8964, www.vineyardwind.com; Anbaric, Ed Krapels, CEO, (781) 683 0711, www.anbaric.com; NYSERDA, Alicia Barton, Pres., CEO, (518) 862-1090, www.nyserda.ny.gov

More Low-Carbon Energy News NYSERDA,  Vineyard Wind,  Wind,  Offshore Wind,  

Iberdrola,MHI Vestas
Date: 2019-02-13
Reporting from Berlin, Iberdrola has announced the selection of MHI Vestas Offshore Wind as preferred turbine supplier for its €2.5 billion, 476-MW, Baltic Eagle offshore wind farm off the island of Rügen in the German Baltic Sea.

The contract will include up to 52 units of the V174-9.5 MW offshore wind turbine, the newly released version of the 9 MW platform from MHI Vestas. Delivery and installation is expected in 2022 / 2023.

MHI Vestas Offshore Wind is a 50-50 joint venture between Vestas Wind Systems A/S and Mitsubishi Heavy Industries (MHI). (Source: Iberdrola, PR, reve, Others, 12 Feb., 2019) Contact: Iberdrola Renewables, Xabier Viteri, Dir. Renewables Business, www.iberdrolarenewables.com; MHI Vestas, Philippe Kavafyan, CEO, +45 97 30 00 00, vestas@vestas.com, www.vestas.com

More Low-Carbon Energy News Iberdrola,  MHI Vestas,  Wind,  Wind Turbine,  

Iberdrola
Date: 2019-01-23
Iberdrola is reporting the launch of its Cavar Complex wind energy project consisting of four wind farms with an installed capacity of 111 MW. The project is a joint initiative by Iberdrola and Caja Rural de Navarra. Construction is slated to get underway within months.

When fully operational in 2020, the wind farm is expected to generate sufficient electric power for as many as 46,500 households/year and avoid 84,000 tpy of CO2. Energy from the wind farms will be sold through long-term bilateral PPAs.

The project will incorporate 32 Siemens Gamesa SG 3.4-132, 3.4 MW wind turbines, the largest used to date in a land-based wind farm in Spain. All four wind farms are in the Cadreita and Valtieera municipal areas.

Iberdrola's renewable installed capacity, mainly wind and hydro-electric, totals more than 15,800 MW in Spain and more than 29,500 MW worldwide, according to the company. Iberdrola is among the world's largest electricity utilities by market capitalization serving over 100 million people mainly in Spain, the UK, Brazil, Mexico and the U.S. (Source: Iberdrola, reve, 21 Jan., 2019)Contact: Iberdrola Renewables, www.iberdrolarenewables.com

More Low-Carbon Energy News Iberdrola,  Wind,  

DRAX
Date: 2019-01-02
In the UK, Drax Power Station, near Selby, in North Yorkshire, is reporting the completion of its £702 million acquisition of Spanish firm Iberdrola's low-carbon and renewable assets - including hydroelectric and biomass plants in Scotland and combined cycle gas turbine stations in England .

The new power station acquisitions will increase DRAX's electric power generation capacity by 60 pct and add 2.6GW of generation.

DRAX, the UK's largest renewable energy generator, operates biomass units at its site near Selby, following a decade-long conversion of two-thirds of the plant from coal fired to more sustainable biomass. (Source: DRAX, PR, 1 Jan., 2018) Contact: DRAX, Will Gardiner, CEO, +44 0 1757 618381, www.draxpower.com

More Low-Carbon Energy News DRAX,  Biomass,  Woody Biomass,  

Iberdrola,Adwen
Date: 2018-10-29
Following up on our Jan. 3rd coverage, Iberdrola is reporting the inauguration of the €1,400 million, 350 Wikinger offshore wind farm located in the German Baltic Sea. Other participants in the project included Asturian Windar, with the construction of 280 piles of 40 meters in length, as well as the Danish Bladt and the Spanish Navantia, which constructed 70 foundations (jackets) and Adwen, which has been in charge of the wind turbines.

Wikinger is Iberdrola's second offshore wind power project following the wind farm of the West of Duddon Sands (WoDs), jointly owned by the Danish Orsted and which was launched in the Irish Sea in 2014 with a capacity of 389 MW after an investment that exceeded €1,800 million. The Wikiger facility generates sufficient energy for approximately 350,000 German homes. (Source: Iberdrola, reve, 28 Oct., 2018) Contact: Iberdrola Renewables, www.iberdrolarenewables.com; Adwen Offshore, David Guiu, CCO, contact@adwenoffshore.com, www.adwenoffshore.com

More Low-Carbon Energy News Adwen,  Iberdrola,  Offshore Wind,  Wind,  

ContourGlobal,Iberdrola
Date: 2018-10-19
London-headquartered worldwide thermal and renewalble power plant owner ContourGlobal Plc is confirming discussions with the Spanish utility Iberdrola SA for the possible purchase of Iberdrola's 50-MW, Puertollano concentrated solar power (CSP) plant in the autonomous community of Castilla-La Mancha, Spain. The deal is reportedly valued at between €150 million and €190 million. (Source: ContourGlobal, El Economista, Renewables 17 Oct., 2018) Contact: ContourGlobal, +44 (0)20 7404 5959, www.contourglobal.com: Iberdrola Renewables, http://iberdrolarenewables.com

More Low-Carbon Energy News ContourGlobal,  CSP,  Solar,  Iberdrola,  

Iberdrola
Date: 2018-10-15
In a press release, Iberdrola has announced its Brazilian subsidiary Neoenergia, will construct a 565.5 MW -- Latin America's largest renewable energy project -- near the community of Santa Luzia in northeastern Brazil.

The Paraiba wind farm complex will incorporate 18 wind farms, of which three are already in operation and 15 others are in different stages of development. The project is slated for commissioning and operation 2022/2023. (Source: Iberdrola, PR, REVE, 15 Oct., 2018) Contact: Iberdrola Renewables, www.iberdrolarenewables.com

More Low-Carbon Energy News Iberdrola,  Wind,  

Iberdrola
Date: 2018-09-26
According to a Reuters report, Spanish wind power juggernaut Iberdrola SA plans to expand its renewable energy capacity in the U.S. by about 50 pct over four years as part of its global plan to cut carbon emissions. To that end, the company expects to invest about $15 billion in the U.S. on its transmission and distribution system and increase its renewable generation to around 10,000 MW by the end of 2022.

Through its majority-owned Avangrid Inc subsidiary, Iberdrola has over 6,500 MW of renewables in the US. (Source: Iberdrola, Reuters, 24 Sept., 2018)Contact: Iberdrola Renewables,http://iberdrolarenewables.com

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

Iberdrola SA
Date: 2018-07-09
In a press release, Spanish renewable energy specialist Iberdrola SA reports it has been awarded the 16-MW, Pyrgari wind farm project to be constructed about 70 miles from Athens, Greece.

The project, which is expected to come online between 2020 and 2021, will incorporate Vestas' 4-MW turbines. Iberdrola has 17 wind farms and four solar photovoltaic (PV) power plants in the country. (Source: Iberdrola, PR, Renewables Now, 6 July, 2018) Contact: Iberdola SA, Frank Burkhartsmeyer, CEO, (503) 796-7000 -- US Office, www.iberdrola.es

More Low-Carbon Energy News Iberdrola SA ,  Wind,  

Iberdrola
Date: 2018-05-04
Spanish renewable energy developer Iberdrola reports it has secured rights to build two offshore wind farms totaling 486 MW in the German part of the Baltic Sea.

The projects -- the 476 MW Baltic Eagle and the Wikinger Sud offshore wind farms -- were awarded by the Federal Network Agency (Bundesnetzagentur) to the Spanish energy company during Germany's second public tender for offshore wind energy.

The €1.4 billion Wikinger offshore wind farm, which features 70, 5MW AD 5-135 Adwen turbines, will generate sufficient electric power for 350,000 homes. (Source: Iberdrola, EBR, May, 2018)Contact: Iberdrola Renewables,http://iberdrolarenewables.com

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

Avangrid Renewables,Iberdrola Renewables
Date: 2018-01-17
Portland, Oregon-based Avangrid Renewables, formerly known as Iberdrola Renewables, LLC, reports it has begun operation on than 500 MW of new wind farms in California, New Mexico, and Colorado: 131 MW, 57-turbine Tule Wind Farm in the McCain Valley, California; the 298 MW, 142-turbine El Cabo Wind Farm near Albuquerqur New Mexico; and the 75 MW, 36-turbine Twin Buttes II Wind Farm in Colorado. The three projects all have long term PPAs in place.

Avengrid's U.S. fleet now includes 3,300 wind turbines across 22 states.

Avangrid is a diversified energy and utility company with approximately $32 billion in assets owns regulated utilities and electricity generation assets through two primary lines of business, Avangrid Networks and Avangrid Renewables. Avangrid Networks incorporates eight electric and natural gas utilities serving approximately 3.2 million customers in New York and New England. Avangrid Renewables operates over 6 GW of owned and controlled renewable generation capacity, primarily through wind and solar, in 22 states. (Source: Avangrid, PR, Various Media, 14 Jan., 2018) Contact: Avangrid Renewables, Laura Beane , ceo, www.avangridren.com

More Low-Carbon Energy News Avangrid Renewables,  Iberdrola Renewables,  Wind,  

Iberdrola,Adwen
Date: 2018-01-03
Further to our February 22 coverage, Spanish energy giant Iberdrola reports it has connected its 350MW Wikinger offshore wind farm about 34km north-east of the Ruegen island in the Baltic Sea to the German power grid.

The €1.4 billion Wikinger wind project can generate sufficient energy for 350,000 homes and offset an estimated 600,000 tpy of CO2 emissions. The Wikinger offshore wind farm incorporates 70 AD 5-135 turbines manufactured by Adwen. According to Adwen, the turbines are made up of a 222 ton nacelle, 443ft diameter rotor, 254ft long blades, and a 246ft high tower. Iberdrola is presently developing the 714-MW East Anglia One wind farm in the UK North Sea with an investment of £2.5 billion. (Source: Iberdrola, EBR, 1 Jan., 2017)Contact: Iberdrola Renewables, Frank Burkhartsmeyer, CEO, (503) 796-7000, http://iberdrolarenewables.com; Adwen Offshore, David Guiu, CCO, contact@adwenoffshore.com, www.adwenoffshore.com

More Low-Carbon Energy News Iberdrola,  Wind,  Offshore Wind,  Adwen,  

Date: 2017-08-07
The Scottish Government is reporting an additional £1.5 million investment in the Carbon Trust's world-leading Offshore Wind Accelerator (OWA) development and demonstration programme in a bid to stimulate innovation in the sector. Funding will also continue for other projects exploring potential opportunities that offshore wind can offer to Scotland and ultimately lead to a reduction in costs.

Schemes receiving funding will be those which encourage international collaboration and knowledge-sharing between offshore wind developers. sectors to improve the industry as a whole. The OWA programme brings together nine of the largest offshore wind developers in Europe – DONG Energy, EnBW, E.ON, Iberdrola, innogy, SSE, Statkraft, Statoil and Vattenfall. (Source: Gov. of Scotland, The Courier, Various Media, 5 Aug., 2017) Contact: Carbon Trust, Andrew Lever, Director of Innovation, Al-Karim Govindji, Senior Manager of Innovation, +44 (0) 207 832 4773, www.carbontrust.com

More Low-Carbon Energy News Offshore Wind,  Scotland Offshore Wind,  Carbon Trust,  

Iberdrola,Avangrid Renewables
Date: 2017-08-04
Spanish power utility Iberdrola SA reports it has inked a power purchase agreement (PPA) with US utility Austin Energy for a 200-MW wind project in the Lone Star State. Under the terms of the contract, Iberdrola's US unit Avangrid Renewables will own and operate the wind farm and sell its output to the city of Austin for 15 years.

The proposed wind farm will be constructed between 2018 and 2019 at an estimated cost of $300 million. (Source: Iberdrola, RenewablesNow, Others, 1 Aug., 2017) Contact: Iberdrola Renewables, Frank Burkhartsmeyer, CEO, (503) 796-7000, http://iberdrolarenewables.com; Avangrid Renewables, (503) 796-7000, www.avangridrenewables.us; Austin Energy, Cameron Freberg, Utility Strategist, (512) 494-9400, www.austinenergy.com

More Low-Carbon Energy News Wind,  Iberdrola,  Avangrid Renewables,  Austin Energy ,  

Scottish Power
Date: 2017-05-26
Glasgow-headquartered Scottish Power Renewables, part of the Iberdrola Group, confirms it has won the right to build two offshore wind farms in the US which it says could eventually power 400,000 homes. Financial and other details have not been disclosed.

The two wind farms, which will be constructed off the coast of Massachusetts and North Carolina, are expected to start generating power by 2022 and 2025 respectively. (Source: Scottish Power, BBC News, 21 May, 2017) Contact: Scottish Power, Keith Anderson, CEO, +44 800 027 0072, www.scottishpower.co.uk

More Low-Carbon Energy News Scottish Power,  Wind,  

Iberdrola,Avangrid
Date: 2017-05-10
Electric utility company Iberdrola reports it will, through its U.S. subsidiary Avangrid Renewables construct a new 200MW Montague windpower farm in Gilliam County, Oregon to supply electricity to California technology giant Apple. To that end, Avangrid and Apple's energy subsidiary Apple Energy have inked a 20-year PPA under which Iberdrola will own and operate the facility. divesting electricity produced to Apple.

The approximately $300m Montague windpower facility is expected to begin construction next year for commissioning by 2020. (Source: Iberdola, power-technology.com, 8 May, 2017) Contact: Iberdrola Renewables, Frank Burkhartsmeyer, CEO, (503) 796-7000, http://iberdrolarenewables.com; Avangrid Renewables, (503) 796-7000, http://www.avangridrenewables.us

More Low-Carbon Energy News Iberdrola,  Wind,  Avangrid,  

Ailes Marines,Iberdrola
Date: 2017-04-24
In France, Ailes Marines, the Iberdrola and AVEL VOR jointly owner French company in charge of developing, constructing, and operating the Saint-Brieuc offshore wind farm in the Bay of Saint-Brieuc in Brittany, is reporting receipt of the necessary regulatory permits for construction.

The 496 MW project, which will incorporate 62 Adwen 8 MW wind turbines, is the first large-scale offshore wind energy development in Brittany, and one of the first in France. The project is expected to generate 1,850 GWh of electricity per year, approximately equivalent to the needs of 850,000 households. (Source: Ailes Marines, CleanTechnica, Others, April 21, 2017) Contact: Ailes Marines, +33 9 6741 8951, www.eolienoffshoresaintbrieuc.com

More Low-Carbon Energy News Iberdrola,  Offshore Wind,  

UNEP, Climate Bond INitiative
Date: 2017-04-24
According to the Climate Bonds Initiative, the green bonds market has experienced more than $20 billion issuance in January-March 2017. Globally, total green bonds issuance stood at $21.76 billion during the first quarter of 2017, up nearly 42 pct from the issuance during the same period last year. Approximately $81 billion of green bonds were issued in 2016, up from just $3 billion in 2012.

A remarkable $11.84 billion was issued in November 2016 alone, almost 14 per cent of the total issuance that year. Various private and government organizations have issued green bonds, from Apple and Toyota to the French government and New York's Metropolitan Transportation Authority. Currently Europe is leading the green bonds market, with numerous Europe-based mutual funds focusing on green bonds -- the Allianz Green Bond fund, the AXA WF Planet Bonds fund and NN Investment Partners' NN (L) Euro Green Bond fund. France, Iberdrola, and Enel have issued a total of $10.39 billion in green bonds -- representing around 48 pct of the total issuance for Q1, 2017, according to the Climate Bonds Initiative.

A growing number of U.S. fund companies are now looking to tap into investor demand for these bonds. The significant growth in the green bonds market has made the Climate Bonds Initiative raise its issuance estimate for this year from $130 billion to $150 billion. (Source: Climate Bonds Initiative, UNEP, 19 April, 2017)Contact: Climate Bonds Initiative, www.climatebonds.net; UNEP, Erik Solheim, Executive Director UN Environment, +254 20 762 1234, unepinfo@unep.org, www.unep.org

More Low-Carbon Energy News Green Bonds,  Climate Bonds Initiative,  UNEP,  

AB InBev
Date: 2017-03-31
The world's largest beer maker AB InBev reports it is committed to sourcing 75-85 pct of its electricity through renewable energy direct Power Purchase Agreements and/or on-site solar projects. According to AB InBev, its commitment to renewable energy will lower the company's operational carbon footprint by 30 pct -- equivalent to removing nearly 500,000 cars from the highway. Sam Kimmins, Head of RE100 at The Climate Group.

In Mexico, AB InBev has inked its first Power Purchase Agreement with Spanish electric company Iberdrola for 490 gigawatt-hours of wind power per year for its largest brewery, in Zacatecas. (Source: AB InBev, PR, Zacks, Others, 29 Mar., 2017) Contact: AB InBev, www.ab-inbev.com

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

BOEM,Avangrid Renewables
Date: 2017-03-20
The US Bureau of Ocean Energy Management (BOEM) is reporting the sale of the rights to develop offshore wind energy off the coast of Kitty Hawk, North Carolina, to Portland, Oregon-headquartered Avangrid Renewables, part of the Iberdrola Group, for $9 million. Avangrid out bid Wind Future LLC, Statoil Wind US LLC, and wpd offshore Alpha LLC. (Source: BOEM, Avangrid, Various Media, 17 Mar., 2017) Contact: AVANGRID Inc., James P. Torgerson, Pres., Frank Burkhartsmeyer, CEO, (503) 796-7000, www.avangrid.com; Bureau of Ocean Energy Management, (202) 208-6474, www.boem.gov

More Low-Carbon Energy News Wind,  Avangrid Renewables,  Wind,  Bureau of Ocean Energy Management,