Electrical Industry News for October 2023

RWE is further refining its commitment to biodiversity and has joined a global initiative by the Science Based Target Network (SBTN). Around 100 companies, associations and experts are working on developing scientific criteria to measure the effects on biodiversity as part of the SBTN's 'Corporate Engagement Program'. RWE’s target for 2030 is for new assets to have a positive contribution to biodiversity in their vicinity overall. Sustainability is an integral part of RWE's corporate stra...

Global energy leaders met in Paris for the International Energy Agency’s 2022 Ministerial Meeting, sending a strong message of unity on the need to strengthen energy security, reduce market volatility, and accelerate clean energy transitions worldwide. Energy market turmoil Chaired by US Secretary of Energy Jennifer M. Granholm, the two-day meeting of energy and climate ministers representing more than 40 governments from around the world took place amid the severe energy market turmoil...

People have been asking this question a lot more lately, and Ecotricity can completely understand why. It seems counterintuitive that the cost of clean green energy should be going up just because of the cost of polluting brown energy. Ecotricity's founder Dale Vince has addressed this in his recent podcast, here are two of the main reasons why they are in the place. Covering the cost of policy failure Ecotricity has recently been hit with additional costs of nearly £...

The International Energy Agency has received a major funding boost from member countries to enable it to significantly scale up its work supporting the transition to clean energy in emerging economies. Clean Energy Transitions The funding increase for the IEA’s Clean Energy Transitions Programme (CETP) was announced at a special event on the sidelines of the 2022 IEA Ministerial Meeting in Paris where ministers from IEA member countries and beyond are meeting to discuss how to...

The International Energy Agency Ministers convened for a discussion on global energy security and clean energy deployment.  It condemns, in the strongest possible terms, Russia’s unlawful invasion of Ukraine, which has destroyed lives and upended peace and security in Europe. energy as a weapon Russia’s invasion threatens global energy security and democratic principles. Russia’s actions, including its use of energy as a weapon, threaten the rules-based international or...

The IEA’s new Clean Energy Labour Council held its first meeting bringing together leading trade union figures and other important voices from around the world to foster stronger dialogue on how governments can ensure clean energy transitions are people-centered and inclusive. Convened by IEA Executive Director Fatih Birol, the Council’s members comprise representatives of the world’s most important national trade unions and trade union confederations, as well as prominent thi...

RWE and Tata Power have agreed on a partnership to explore the potential for joint development of offshore wind projects in India. A corresponding Memorandum of Understanding (MoU) has been signed between Tata Power Renewable Energy Limited, a 100 percent subsidiary of Tata Power, which is one of India's largest integrated power companies, and RWE Renewables GmbH, one of the world's leaders in offshore wind. India is an unexplored and highly attractive market to develop opportunities for offsho...

At Intersolar 2022, Panasonic introduced two new series of EverVolt® solar modules to its portfolio of high-performing residential solar solutions, including the new 410W/400W H Series panels made with half-cut cells and heterojunction technology with gapless connections, and the 370W/360W PK Black Series modules, which are Panasonic’s first panels made with PERC technology.  EverVolt H Series modules Comprised of 66 half-cut cells, the new 410W/400W EverVolt H Series modul...

RWE is investing more than 40 million euros in its new Rea Unificado wind farm in north-eastern Spain. The 43-megawatt (MW) wind farm is to be built in Soria, approximately 160 kilometers east of Saragossa. The nine Nordex wind turbines will be erected from Spring 2022, with the wind farm due to have commenced operation by the end of this same year. The company is building nine turbines with a nominal capacity of 4.8 megawatts (MW) each–by far the largest in size and capacity within its S...

Volta Trucks, the disruptive full-electric commercial vehicle manufacturer and services provider, has partnered with The Crown Estate, one of the West End of London’s largest property owners, and Clipper Logistics, its distribution provider, to decarbonize and consolidate deliveries into London’s world-famous Regent Street retailers, improving air quality and congestion in the city center. Set to launch as a trial in summer 2022, the full-electric Volta Zero is a key component of Th...

RWE Renewables has agreed to the sale of Belectric’s European and Israeli businesses to the Elevion Group B.V. (Elevion). The Netherlands-based energy service provider is part of the ČEZ Group – one of the ten largest energy companies in Europe. The sale concerns subsidiaries of Belectric Solar & Battery, which operate as a provider of third-party solar engineering, procurement, and construction (EPC), as well as operations and maintenance (O&M) services. The battery storag...

RWE and Novatek have signed a Memorandum of Understanding to cooperate on the supply of low-carbon and carbon-free fuels. The MoU envisages the supply of low-carbon ammonia and hydrogen by Novatek to RWE. Novatek, the largest independent producer of natural gas in Russia, is conducting a pre-Front End Engineering Design (FEED) study for blue ammonia and hydrogen production in the Yamal region, which will include carbon capture and storage (CCS) facilities. The fuel is to be produced at Novat...

Orcan Energy, the manufacturer of solutions for the utilization of waste heat, has won the global building materials supplier CEMEX as a new customer for its waste heat solutions, the so-called efficiency PACKs. Six Orcan modules will soon be installed at the CEMEX site in Germany. Orcan Energy is thereby establishing itself in the global cement market. additional electricity generation The planned efficiency PACKs of the particularly powerful eP I 150.200 class will lead to savings With the...

Kerpen municipal utility and RWE Renewables have signed a statement of intent. Part of the agreement is the joint development of two wind farms within the Kerpen municipal area. The wind farms with a total installed capacity of around 50 megawatts (MW) are to be constructed on the Marienfeld field and along the A4 motorway. Both areas are part of the ongoing rezoning process in the town, which was the birthplace of priest and social reformer Adolph Kolping. With this significant step, the two p...

RWE is well on track to become a pioneer in the floating wind and to have one gigawatt either in operation or under construction by 2030. To gain experience early, RWE is participating in multiple high-profile floating demonstration projects like the TetraSpar Demonstrator.  Together with its partners Shell, TEPCO Renewables, and Stiesdal Offshore Technologies RWE has safely deployed and commissioned the TetraSpar floating foundation off the Norwegian coast. TetraSpar Demonstrator in oper...

Volta Trucks, the pioneering and disruptive full-electric commercial vehicle manufacturer and services provider, has confirmed that its forthcoming 7.5- and 12-ton variants have entered the engineering phase of development, with a single design concept already selected. The 7.5- and 12-ton Volta Zeros have been designed by Volta Trucks’ partner, Astheimer Design in Warwick, UK. The new full-electric vehicles will bear a close but evolutionary visual relationship to the larger 16-ton ...

The growth of the world’s capacity to generate electricity from solar panels, wind turbines, and other renewable technologies is on course to accelerate over the coming years, with 2021 expected to set a fresh record for new installations, the IEA says in a new report. Despite rising costs for key materials used to make solar panels and wind turbines, additions of new renewable power capacity are forecast to rise to 290 gigawatts (GW) in 2021, surpassing the previous all-time high set las...

RWE and the Ulsan Metropolitan City will cooperate on the development of floating offshore wind projects off the South Korean coast with an envisaged capacity of up to 1.5 gigawatts (GW). A corresponding Memorandum of Understanding was signed recently between RWE and Ulsan City, in support of South Korea’s Net Zero 2050 ambition. The country’s goal is to scale up offshore wind capacity up to 12 GW and achieve 30 percent of renewables in the energy production mix by 2030. nuclear po...

“Overall, this is an encouraging outcome. The coalition agreement can give the energy transition a considerable boost. Especially due to the fact that specific measures will be paired with ambitious targets. The transformation of our industrial nation requires decisiveness and pragmatism." He adds, "Therefore, in addition to the energy policy stipulations, I particularly welcome the coalition’s plan to speak in the first half of 2022 to industry and other social stakeholders about...

RWE has officially launched the Community Benefit Fund for its Limondale Solar Farm. Located about 14 km from Balranald, this large-scale solar farm is capable of generating enough electricity to power the equivalent of up to 105,000 homes each year. The fund will provide $40,000 per year to good causes within the Balranald Shire. Recently, Limondale Solar Farm reached full capacity-an important milestone as the project continues to transition to the operations and maintenance phase. “Thi...

In Germany, in Lingen (Lower Saxony) and Werne (North Rhine-Westphalia), RWE is building a battery storage system with a total output of 117 megawatts. The system is scheduled to start operations at the end of 2022. The storage project will provide a range of important system services needed for maintaining grid stability to support fluctuations in the availability of renewable energy. The system technology used for integrating and optimally controlling the charging and discharging of the 420 l...

RWE has successfully issued a further green bond with a total volume of €1.35 billion. The bond was issued in two tranches of €0.75 billion with a seven-year tenor and €0.6 billion with a twelve-year tenor respectively. For the first tranche, the yield-to-maturity amounts to 0.528%, based on a coupon of 0.5% p.a. and an issuance price of 99.808%.  For the second tranche, the yield-to-maturity amounts to 1.077 %, based on a coupon of 1.0% p.a. and an issuance price of 99.138%...

Ofgem has launched a global initiative, together with the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), and the World Bank, to accelerate the energy transition to provide clean, secure, and affordable supplies to everyone. The world quickly needs to find cleaner ways to generate electricity, heat and cool homes, and power transport and industry to support global climate goals. Developing energy systems Energy regulators have a significant role to play i...

Volta Trucks, a pioneering and disruptive full-electric commercial vehicle manufacturer and services provider, has started production of the first road-going ‘design verification’ (DV) prototype Volta Zero vehicle at a bespoke facility in Coventry, UK. Volta Zero vehicles The DV prototypes are the first full-electric Volta Zero vehicles to be built in the recently unveiled production-ready design. A total of 25 vehicles will be manufactured and once completed in January, the fleet...

Volta Trucks, a disruptive full-electric commercial vehicle manufacturer, and services provider, and its strategic design partner, Astheimer Design of Warwick, UK, have won the Dezeen Product Design Award 2021, announced during an online awards ceremony from Dezeen’s creative studio in London. The Volta Zero is the world’s first purpose-built full-electric commercial vehicle designed specifically for urban logistics and was created by Astheimer Design. modern vehicle design Asthei...

RWE and partners John Cockerill are to jointly build a testing facility in Germany which will optimize a key stage in the process of turning household waste into hydrogen. The facility – called a torrefaction plant – will be built at RWE’s innovation center in Niederaußem (Germany) and will test the production of feedstock pellets made from waste, to be used in the company’s innovative FUREC waste-to-hydrogen initiative. RWE is going to invest €3 million in th...

Infinitum Electric, creator of the breakthrough air-core motor announced it had won two prestigious 2021 R&D 100 Awards, which celebrate the top 100 revolutionary technologies of the past year. Infinitum Electric’s air-core motor was recognized with an R&D 100 Award for its technological and industry advancements in the IT/Electrical category. The company also received a Silver Award in the 2021 R&D 100’s special recognition category Green Tech, which high...

Aggreko, the pioneer in mobile and modular energy solutions, is pleased to announce the appointment of Mike Smith as Chairman, effective immediately.  Mike joins the Board following the successful completion of the acquisition and de-listing of Aggreko by Albion Acquisitions Limited, a company owned by funds managed by I Squared Capital Advisors (US) LLC (“I Squared”) and investment funds managed by TDR Capital LLP (“TDR”). Mike's Work Experience  Mike has an...

Volta Trucks, a disruptive full-electric commercial vehicle manufacturer, and services provider, will be present for the first time at a French trade show, Solutrans 2021, taking place from November 16 to 20, 2021 in Lyon Eurexpo.  The company, which 14 months ago unveiled the demonstration vehicle of the Volta Zero, the first purpose-built 16-ton 100% electric truck designed for last-mile urban logistics, is coming to meet its potential French customers. Volta Zero demonstration vehicle...

Volta Trucks, a pioneering and disruptive full-electric commercial vehicle manufacturer and services provider, has confirmed the next phase of its European expansion plans as the company searches for real estate and potential locations for its Truck as a Service pre-sales and aftersales facilities. This important phase of the company’s in-market development comes soon after the recruitment of Business Development managers to serve customers in Volta Trucks’ European launch cities of...