Tag: Renewable Projects

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Nala Secures Impressive 34MW Solar Power Portfolio In The Baltic Region

Norbida UK News
Forging a Greener Future: Company Teams Up with Green Genius for Major Solar Expansion in Lithuania

Powering a Greener Future: Nala Renewables and Green Genius Join Forces in Lithuania

Renewable energy pioneer Green Genius has entered into a dynamic partnership with Nala Renewables (Nala), culminating in an agreement to transfer a 34MW solar portfolio in Lithuania to Nala.

But that’s just the beginning. In an exciting move, Nala has also signed an agreement with Green Genius to acquire an additional 45MW of PV projects in the near future, bringing the total Lithuanian portfolio to a remarkable 79MW.

This full portfolio is set to generate approximately 96,000MW hours of clean energy annually, meeting the energy needs of around 9,500 households and slashing CO2 emissions by approximately 20,000 tonnes each year. With secure offtake agreements in place, Nala ensures revenue stability over the medium term.

Will Herlinger, Director of Nala Renewables, expressed his enthusiasm, stating, “We’re delighted to have expanded into Lithuania via the acquisition of this operational PV portfolio from Green Genius, a well-established counterparty for Nala. We see the Baltics as a key strategic region for our business and plan to continue to grow our presence there.”

Green Genius’ Chief Financial Officer, Rokas Bancevičius, shared his excitement as well: “We are thrilled that Nala Renewables has chosen projects developed and built by Green Genius as their entry point to Lithuania. This acknowledges the high quality of renewable energy projects our team delivers. We thank Nala’s team for their trust and professionalism.”

Adding to the positive sentiments, Tadas Balsys, Head of M&A at Green Genius, said, “This transaction with Nala Renewables marks an exciting milestone not only for Green Genius but also for Lithuania and the Baltics region. We are proud to contribute to the growth of the Baltics’ renewable sector by delivering additional PV capacity and attracting a new institutional investor.”

Together, these companies are making significant strides in renewable energy, ensuring a greener, more sustainable future for Lithuania and the Baltic region.

#RenewableEnergy #SolarPower #GreenEnergy #Lithuania #Sustainability #CleanEnergy #Baltics #GreenGenius #NalaRenewables #SolarExpansion #EcoFriendly #CO2Reduction #EnergyTransition

 

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Jobs, Growth, and Green Energy: Why Wales Needs A Renewables Boost

Norbida UK News
Streamline Renewables, Power Up Wales: Key Demand in RenewableUK Cymru's Manifesto. [Image: Unsplash/Alex Eckermann]

Wales Calls for Accelerated Renewable Energy Transition: A Four Nations Approach 

RenewableUK Cymru, a leading renewable energy industry body, has issued a formal call to action in its 2024 manifesto. The organization urges the incoming UK Government to prioritize a rapid transition towards renewable energy sources for Wales.

The Need for Increased Capacity:

The manifesto highlights the critical need for a significant increase in wind power capacity, both onshore and offshore, to meet the rising demand for clean electricity. The current reliance on non-renewable sources, with only 25% of Wales’ energy generation coming from renewables, poses a challenge for energy security and environmental sustainability.

Proposed Solution: A Four Nations Taskforce

RenewableUK Cymru proposes the establishment of a “Four Nations Taskforce” to streamline policies between the UK and Welsh Governments. This collaborative effort would facilitate faster decision-making and eliminate bureaucratic hurdles impeding renewable energy projects.

Public Support for Renewables

The manifesto emphasizes the strong public support for renewable energy in Wales. Polling data demonstrates that a vast majority of Welsh residents (90%) view renewable energy as a key issue for the next government, with a significant number (63%) advocating for increased investment. Public backing extends to grid infrastructure development, with 62% supporting a new grid network to accelerate renewable energy rollout.

Call to Action:

Jess Hooper, Director of RenewableUK Cymru, underscores the urgency of decisive action. She emphasizes the need for a clear and ambitious plan to address the current shortfall in renewable energy projects. With the global energy landscape rapidly evolving, Wales risks falling behind without a proactive approach.

Conclusion:

RenewableUK Cymru’s manifesto presents a compelling case for a rapid transition to renewable energy in Wales. The proposed Four Nations Taskforce signifies a commitment to collaboration and efficiency. By prioritizing clean energy, Wales can ensure a secure energy future, promote economic growth, and contribute to a more sustainable planet. #WalesRenewables #GreenEnergy #UKPolitics

 

 

 

 

 

 

Credit: [Image: Unsplash/Alex Eckermann]

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24 Powerhouses Secure Spots In Saudi Arabia’s Monumental 3.7GW Solar Energy Initiative

Norbida UK News
Unveiling the Fifth Round: A Quartet of Innovative Projects Set to Transform the Energy Landscape [Image: Saudi Aramco]

 

Elevating Saudi Arabia’s Energy Landscape: A Leap Towards Sustainability with Round 5 of NREP

               In an extraordinary stride towards a sustainable future, Saudi Arabia has proudly announced the qualification of 24 dynamic companies for the pivotal fifth round of renewable energy projects. This initiative falls under the visionary National Renewable Energy Program (NREP), meticulously guided by the Ministry of Energy’s expertise. The Saudi Power Procurement Company (SPPC) has unveiled a prestigious list of global powerhouses, including EDF Renouvelables, Korea Electric Power Corporation (KEPCO), Marubeni, Samsung C&T Corporation, TotalEnergies Renewables, and the Power Construction Corporation of China, marking a significant milestone in the realm of renewable energy.

               This round’s collective ambition is nothing short of monumental, boasting a combined capacity of 3700MW spread across four solar projects. These include the colossal 2000MW Al Sadawi project, the robust 1000MW Al Masa’a, the dynamic 400MW Al Henakiyah 2, and the pioneering 300MW Rabigh 2. Each project is a testament to innovation, sustainability, and the bright future of renewable energy in the Kingdom. Under the strategic leadership and supervision of the Ministry of Energy, NREP’s goal is crystal clear – to harness the potential of renewables and significantly increase their contribution to Saudi Arabia’s energy mix. The vision is ambitious yet achievable: to generate 50% of the nation’s electricity from renewable sources by 2030, setting a global benchmark in energy transformation.

               As we stand on the brink of this renewable revolution, let’s rally together to support and celebrate these milestones in Saudi Arabia’s journey towards an eco-friendly and energy-efficient future. Join the conversation and spread the word using hashtags #RenewableEnergy #Sustainability #Vision2030 #SaudiGreenInitiative #NREP #SolarPower.

               This groundbreaking initiative not only reflects Saudi Arabia’s commitment to environmental stewardship but also its role as a global leader in the transition towards a more sustainable and renewable energy-dominated future. Let’s watch closely as these projects unfold, marking new chapters in the story of our planet’s sustainable development.  Feel free to share and discuss this pivotal moment in renewable energy on your favorite social platforms. Together, we can illuminate the path to a greener, more sustainable world. #RenewableEnergyRevolution #EcoInnovation #GreenTech

 

 

 

 

 

Credits: [Image: Saudi Aramco]

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Enviromena Gears Up For A Solar Revolution: Prepping A Massive 400MW Pipeline In The UK!

Norbida UK News
From Dorset to Durham: Enviromena Sets the Stage for a Green Future, Preparing to Unveil Solar Projects in the Coming Six Months! [Image: Enviromena]

 

Enviromena Ignites the Solar Spark in the UK: A 400MW Green Energy Odyssey

In an electrifying move, Enviromena is set to revolutionize the UK’s solar landscape. The Reading-based pioneer in clean energy is gearing up to propel its colossal 400MW solar pipeline through the planning stages within the next six months. This bold step is part of Enviromena’s grand vision to amplify its UK portfolio to a staggering 500MW by 2025.

The energy landscape is about to get a lot brighter! These 400MW projects, stretching from the scenic Dorset to the historic Durham, are merely the tip of the iceberg in Enviromena’s expanding portfolio, which boasts over 1.5GW of solar projects. Spearheaded by their in-house development team, this initiative marks a significant stride in sustainable energy development.

But there’s more! Beyond these 400MW marvels awaiting planning, Enviromena is already nurturing 110MW of solar projects, anticipated to emerge from the planning phase by March 2024. This is clean energy in action, folks!

Mark Harding, the European Development Director at Enviromena, shares his excitement: “This is not just a milestone, it’s a leap into the future of clean energy. Our projects are crafted with care, ensuring they harmonize with the landscape and respect local wildlife.”

Enviromena isn’t just about building solar farms; it’s about building relationships. The coming months are slated for deep community engagement, taking valuable local insights into account before each planning submission. This inclusive approach has already seen several sites receive unanimous planning nods from local councils, reflecting the growing demand for sustainable energy solutions, especially in times of fluctuating fuel prices.

What does this mean for the UK? A surge in clean energy availability! With over 400MW of ground-mounted solar projects on the horizon, Enviromena is set to lower carbon emissions significantly and brighten up tens of thousands of homes with clean, renewable energy.

But wait, there’s recent progress too! Enviromena’s construction of Horsey Levels in Somerset and Kiln Fields in Hampshire, totaling 42MW, is nearing the finish line, with energization expected in early 2024. Following the success of Three Maids Hill in Winchester and Bryngolwg in Wales, Enviromena is not just talking about a green future; they are building it, one solar panel at a time.

Stay tuned as Enviromena lights up the UK with its solar energy crusade!

#GreenEnergy #SolarPower #SustainableFuture #Enviromena #UKSolarRevolution #CleanEnergyGoals #EcoFriendlyLiving #RenewableEnergy #ClimateAction #SolarEnergyUK

 

 

 

 

 

Credits: [Image: Enviromena]

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Orsted And Bloomberg Ignite The Future: Sealing An 80MW Solar Power Deal In The US

Norbida UK News
From the Heart of Texas: The 471MW Mockingbird Solar Center Set to Power Up, Fueling Orsted and Bloomberg's 80MW Solar Vision [Image: Orsted]

 

Illuminating a Greener Future: Bloomberg and Orsted’s Groundbreaking 80MW Solar PPA in Texas

In a landmark move, Bloomberg has joined forces with Orsted to sign a momentous US solar power purchase agreement for 80MW. This visionary partnership is set to be fueled by the Mockingbird Solar Center, a colossal 471MW project currently taking shape near Paris, Texas. This initiative isn’t just about power generation; it’s about setting a precedent in the renewable energy landscape.

The Mockingbird Solar Center is Orsted’s largest solar undertaking in the US to date. But what sets it apart is its dual mission: generating renewable energy while championing environmental conservation. This project is Orsted’s first to intertwine energy production with the protection of native tallgrass prairie, a significant ecological step.

Bloomberg, alongside other corporate powerhouses like Covestro and Royal DSM, is one of four corporate customers committed to purchasing power from the Mockingbird Solar Center. This collaboration has catapulted the project to a fully contracted status for its entire 471MW capacity.

Rewinding to 2016, Bloomberg took a decisive step by joining the RE100 initiative. This global commitment by businesses to source 100% of their electricity from renewable energy has been a driving force behind Bloomberg’s sustainable vision. By 2022, Bloomberg had already made impressive strides, securing 192,533 MWh of renewable energy from 11 projects, covering over half of its global electricity needs.

With the Mockingbird Solar Center, Bloomberg is on track to cover 100% of its US electricity consumption and 80% of its global electricity needs through renewable sources. “We look forward to partnering with Orsted on the purchase of renewable energy to progress our RE100 target while also meaningfully contributing to conservation efforts,” said Dave Wildman, Global Head of Facilities, Sustainability Ops, and MEP Infrastructure at Bloomberg.

One remarkable aspect of the Mockingbird Solar Center is its collaboration with The Nature Conservancy (TNC). This partnership aims to preserve nearly 1000 acres of rare, native tallgrass prairie adjacent to the project. Orsted’s commitment extends beyond energy, as they plan to donate a significant portion of the Smiley-Woodfin National Prairie Grassland to TNC upon the project’s completion.

The Mockingbird Solar Center is not just a symbol of progress but also a beacon of economic growth, creating 500 jobs during peak construction and projected to inject $215m into the local economy over its lifespan.

This pioneering project is a testament to Orsted’s growing presence in Texas, adding to its portfolio of 12 wind, solar, and storage projects, symbolizing a staggering $3bn investment in the Lone Star State.

Key Highlights:

  • Bloomberg and Orsted’s 80MW solar PPA is powering up the future of renewable energy.
  • The Mockingbird Solar Center merges energy production with environmental conservation.
  • This project contributes significantly to Bloomberg’s commitment to 100% renewable energy usage in the US.

Join the Discussion:

  • Share your thoughts on this groundbreaking renewable energy initiative.
  • How do you think such projects can shape the future of sustainable energy and conservation?

#RenewableEnergy #SustainableFuture #SolarPower #Conservation #GreenTech #Bloomberg #Orsted

 

 

 

 

 

 

Credits: [Image: Orsted]

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Atlantic Green Energizes The Future: Unveiling The UK’s First Revolutionary Battery Project!

Norbida UK News
Charging Ahead: Buxton's 30MW Powerhouse Set to Electrify the UK in Early 2024! [Image: Atlantic Green]

 

Atlantic Green Ignites a Sustainable Revolution with Buxton’s 30MW Battery Energy Storage System

In an electrifying leap towards a greener future, Atlantic Green has triumphantly announced the mechanical completion of its pioneering project – the 30MW Buxton battery energy storage system (BESS) in England. This groundbreaking development is not just a power project; it’s a beacon of hope in the battle against the climate crisis.

A Powerhouse for Change: The Buxton BESS Project

With a robust 60MWh connection distribution, the Buxton BESS stands as a titan in Derbyshire, ready to wage war against carbon emissions. Atlantic Green’s commitment to propel Derbyshire towards a net-zero future is not just admirable; it’s transformative. This project is a critical step in reducing the county’s carbon footprint, making a tangible difference in the global fight against climate change.

On the Horizon: A Brighter, Greener Future

As construction wraps up, the anticipation for the Buxton BESS’s energisation in early 2024 is palpable. But this isn’t just about one project. Atlantic Green’s vision extends far beyond. With a 30-year lease secured, this BESS is the trailblazer in a series of ambitious projects, totalling over 1GWh, including the colossal 600MWh Cellarhead battery and the innovative 270MWh Project T.

The Force Behind the Revolution: Atlantic Green

Atlantic Green, a dynamic joint venture between Nofar Energy and Interland, is at the forefront of developing UK’s battery energy storage. Their mission? To revolutionize the way we think about and use energy.

Nick Bradford, the managing director of Atlantic Green, expresses his elation: “We are delighted to announce mechanical completion for our Buxton BESS Project. This isn’t just a project; it’s a milestone towards improving grid stability and setting the stage for a sustainable energy future.”

A Commitment to a Sustainable Tomorrow

The Buxton BESS Project is more than just a technological marvel; it’s a commitment. A commitment to improving grid stability, to fostering a greener world, and most importantly, to supporting the UK in achieving its net-zero targets. Atlantic Green isn’t just contributing to Derbyshire’s green efforts; they are reshaping the landscape of energy security for generations to come.

Join us in celebrating this monumental achievement and stay tuned as we charge towards a cleaner, more sustainable future.

#AtlanticGreen #BuxtonBESS #CleanEnergy #SustainableFuture #NetZero #GreenRevolution #EnergyStorage #ClimateAction

 

 

 

 

 

Credits: [Image: Atlantic Green]

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Breaking New Ground: AES Locks in Major Investor for Pioneering US Solar and Storage Endeavor

Norbida UK News
Revolutionizing Renewable Energy: HASI's Strategic Equity Investment Fuels 605MW of Solar Power Across Multiple States [Image: AES and HASI]

 

Revolutionizing the Energy Landscape: AES and HASI’s Bold Leap into a Sustainable Future

               In an era where sustainability is not just a choice but a necessity, AES Corporation, a trailblazer in independent power production, has struck an innovative deal with HASI, heralding a new chapter in America’s renewable energy saga. HASI’s commitment is not just an investment; it’s a testament to the power of collaborative innovation. They are injecting structured equity into a colossal 605MW portfolio, a tapestry of energy projects that stretches across seven power markets in 11 states, including key locations like Arizona, California, and New York. This portfolio is a mosaic of over 200 operational renewable energy installations, predominantly comprising community solar and commercial and industrial solar schemes. Significantly, over a third of this capacity is bolstered by cutting-edge battery energy storage, showcasing a leap into the future of energy resilience and efficiency.

               With a robust average contract life of 16 years, these installations aren’t just short-term projects; they’re long-term commitments to our planet. The portfolio secures stable cash flows, backed by a diverse array of primarily investment-grade off-takers, including corporations, utilities, and municipal entities. AES’s role continues to be pivotal, retaining ownership and operational duties, reinforcing their reputation as a leader in the sustainable energy domain. This transaction is more than a deal; it’s a reinforcement of the enduring partnership between HASI and AES. Remember their previous venture in January 2023? That was a substantial equity investment in a 1.3GW portfolio of operating utility-scale solar and wind projects. HASI’s Chief Client Officer, Susan Nickey, encapsulates the spirit of this venture: “Our partnership with AES is a cornerstone in our journey towards accelerating the energy transition. AES’s leadership in aligning renewable energy supply with demand is exactly what our industry needs. This investment is not just an expansion of our partnership but a diversification and scaling of our balance sheet. In conclusion, this partnership between AES and HASI isn’t just a business transaction; it’s a beacon of hope and a blueprint for the sustainable transformation of our energy landscape.

#EcoFriendlyFuture #PoweringTomorrow #GreenEnergyRevolution

 

 

 

 

 

 

Credits: [Image: AES and HASI]