ISSN 2753-7757 (Online)

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Solar

Close-up view of plants amongst rows of solar panels

31/5/2023 News

New US solar farm leading agrivoltaic research

Lightsource bp has announced commercial operation of its 152.5 MW ac/173 MW dc Bellflower Solar project in Indiana, US. Meanwhile, plans for 3 GW of solar capacity in Spain progress, and a new report claims the global floating solar market will pass 6 GW by 2031.

Green hydrogen

A rendering of Oxagon, Saudi Arabia’s eight-sided floating city in the Red Sea

7/6/2023 News

World’s largest green hydrogen plant reaches financial close

Saudia Arabia’s NEOM Green Hydrogen Company (NGHC) has achieved financial close for its hydrogen plant at a total investment value of $8.4bn.

Diversity

Head and shoulders photo of Katie Jackson

7/6/2023 Comment / Katie Jackson

Talent for net zero: how making diversity core to business can reap dividends

Following the publication of POWERful Women’s annual State of the Nation research report last month, Katie Jackson, Chair of POWERful Women and Executive Vice President for Acquisition, Divestment and New Business Development at Shell, emphasises the benefits of diversity for businesses, particularly in the still lagging energy industry.

Finance and investment

Graphic of green dollar signs

31/5/2023 News

Ukraine war triggers global rise in clean energy investments and are set to outpace fossil fuels

Russia’s invasion of Ukraine has played a significant role in driving a surge of investment in clean energy, according to a new report from the International Energy Agency (IEA). Global investment in clean energy is forecast to rise to more than $1.7tn in 2023, with solar set to eclipse oil production for the first time.

Nuclear

Company representatives during signing of agreement ceremony

31/5/2023 News

Mini-reactor nuclear power supply proposed for new ammonia plant in Indonesia

A Copenhagen-based company aims to develop and supply 25 small modular reactors (SMRs) to serve a new facility to produce 1mn t/y of ammonia in Indonesia.

Wind

View looking up at wind turbine from ground level

31/5/2023 News

First wind farm built in Ukraine despite the war

The only wind farm to be built amid a war has officially opened in Ukraine. While a ‘world-first’ floating deepsea wind demonstration project has come online in the South China Sea. Meanwhile, Norway’s Trollvind offshore project has been put on hold indefinitely.

Hydrogen

Graphic showing wind turbines, solar panels and hydrogen tanks

31/5/2023 News

Significant investment scale-up required to meet Australia’s hydrogen ambitions

Australia has ambitions to be a major hydrogen exporter as it transitions to a net zero economy; while new analysis suggests that running a hydrogen plane could be cheaper than traditional aircraft by 2035, providing the right taxation is in place. Elsewhere, plans have been announced for what is claimed will be Europe’s first commercial-scale hydrogen truck refuelling station with liquid hydrogen storage; and the world’s largest carbon-free green hydrogen plant reaches financial close.

Refining

The Dangote refinery exterior

31/5/2023 News

Africa’s biggest oil refinery opens in Nigeria

The Dangote refinery, Africa’s biggest oil refinery, has been commissioned in Lagos, Nigeria.

Heat

View of a village in a rural setting

EI Member only

31/5/2023 Feature / Andrew Clark

A national LAEP forward – hastening ‘place-based’ decarbonisation efforts

Think globally: act locally – the most effective way to decarbonise a town or community is to design a locally-appropriate strategy. This can be particularly the case for domestic heating. Here, Andrew Clark, Business Leader – Place at UK Energy Systems Catapult, explains how ‘place-based’ local area energy planning is already happening.

Renewables

Aerial view of warehouse with solar panels on roof

EI Member only

31/5/2023 Feature / Louisa Troitzsch

Bridging the financing gap for ESCOs

Energy Service Companies (ESCOs) will play a key role in driving the energy transition in Europe and reaching the EU’s ambitious climate targets, but there remains an investment gap, especially for financing smaller SME and residential projects. Louisa Troitzsch, COO of Solas Capital AG presents her thoughts.

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