EIP Taking BayWa r.e. Stake (Int'l. Report, M&A)
BayWa,Energy Infrastructure Partners
Energy Infrastructure Partners LLC (EIPP -- f.k.a. Credit Suisse Energy Infrastructure Partners -- reports it will take a $640 million, 49 pct stake in Munich, Germany-headquartered renewable energy developer BayWa r.e, subject to regulatory approval.
EIF , a long term investor in the energy sector, reportedly plans to transform BayWa r.e. into an independent power producer with h up to 3GW capacity.
The developer currently has a project pipeline of over 13GW in Europe, the US and the Asia-Pacific region.
(Source: Energy Infrastructure Partners, PR, ReCharge, 10 Dec., 2020) Contact: BaWa r.e.,Manfred Groh, Strategy Manager, Corporate Strategy, Energy Policy & Sustainability, +49 89 383932 0,
Fax -- +49 89 383932 32,
firstname.lastname@example.org, www.baywa-re.com; Energy Infrastructure Partners,
Klaus Josef Lutz, CEO, (646)363-6684, email@example.com,
More Low-Carbon Energy News Energy Infrastructure Partners, BaWa, Floating Wind,
BayWa Researching Green Hydrogen Potential (Int'l. Report, R&D)
BayWa r.e. and its Dutch subsidiary GroenLeven are reporting a contract for the operation of the SinneWetterstof Hydrogen Pilot Project. The project is being built by the Netherland's largest energy developer and operator Alliander N.V. to research and test how local hydrogen production can follow the generation profile of a solar plant to ultimately reduce grid congestion.
This project, which is expected to be operational by late 2021, will source energy from a 50 MWp solar farm, previously built by GroenLeven, to generate green hydrogen as a storable form of energy by electrolysis of water.
Alliander N.V. provides utility services. The Company distributes electricity, gas, and heat, as well as offers solutions for energy metering and energy management
(Source: Bay Wa r.e., Website PR, 21 Oct., 2020) Contact: BaWa r.e.,Manfred Groh, Strategy Manager,
Corporate Strategy, Energy Policy & Sustainability, www.baywa-re.com; Alliander, +31 0 88 542 6363, www.alliander.com
More Low-Carbon Energy News BayWa, Hydrogen, Solar, Energy STorage,
Petrofac Engineering Eyes Net Zero Emissions by 2030 (Int'l. Report)
International energy industry services provider Petrofac Engineering is reporting plans to cut its direct and indirect emissions to net zero by 2030, and work to influence its supply chain to set its own reduction targets. To that end,
Reduce its emissions by implementing energy efficiencies and low carbon strategies on sites and operations, optimising operations and methods of construction and advancing flare and venting reduction and carbon abatement plans.
Adopt new technologies such as phasing in hybrid and electric vehicles on site, decarbonising HVAC systems by switching to renewable electricity where available and fitting smart building technology in offices to maximise energy efficiency.
Support and enable its clients, partners and suppliers in their lower carbon ambitions, enable flexible and agile working practices, continue to embed emission reductions targets in management scorecards and incentivise staff to be advocates for Net Zero.
Petrofac comprises 80 nationalities and its Board . (Source: Petrofac Engineering, PR, albawaba, 13 Aug., 2020)
Contact: Petrofac Engineeing, John Pearson, CEO, www.petrofac.com
More Low-Carbon Energy News Petrofac, Carbon Emissions, Net Zero Emissuins,
BIOD India Touting Biodiesel to Check Pollution (Int'l)
Indian waste management company BIOD Energy Pvt. reports it is developing a 100 tpd waste cooking oil IS15607 or its equivalent European EN14214 standard biodiesel plant in the industrial town of Bawal, Haryana.
According to the World Bank, India generates more than 150,000 tpd of municipal solid waste (MSW), 83 pct of which is collected and less than 30 pct is treated. The country's daily waste generation is projected to reach 377,000 tpd by 2025.
The Indian government's Biofuel Policy of India 2018, stresses the future role of biofuels in addressing pollution and
envisages a 20 pct biofuel and gadcia, Tech Panda, Jan., 2019) Contact: BIOD Energy India, Shiva Vig, CEO and Director, +91 11 4728 9966, /+91 11 4728 9900, firstname.lastname@example.org,
BIOD Energy Set for 100-tpd Indian Biodiesel Plant Startup (Int'l)
New Delhi-headquartered independent biodiesel producer BIOD Energy reports it is set to commission a 100 tpd biodiesel early in November, 2018. The plant in Bawal , Haryana will process used cooking oil and other feedstock.
The company statement notes that currently diesel alone meets an estimated 72 pct of India's domestic transport fuel demand, followed by petrol at 23 pct while the rest of the need gap is filled by other fuels such as CNG and LPG.
(Source: BIOD Energy, PTI, 14 Aug., 2018) Contact: BIOD Energy, +91 11 4728 9966, +91 11 4728 9900, email@example.com, www.biodenergy.in
More Low-Carbon Energy News Biodiesel, India Biodiesel,
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