Daily News Wrap-Up: Vestas Bags Order for 1.5 GW Offshore Wind Project in the US
Fortescue proposes to build a 500 MW hydrogen plant in Brisbane
October 10, 2022
Here are some noteworthy cleantech announcements of the day from around the world:
Atlantic Shores Offshore Wind, a 50:50 partnership between Shell New Energies and EDF Renewables, announced it had selected Vestas as the preferred supplier for its 1.5 GW offshore wind project in New Jersey in the U.S. Vestas would provide its V236-15.0 MW™ offshore wind turbines, with installation expected in 2027. Once installed, the project will generate enough clean energy to power more than 700,000 U.S. homes. The Preferred Supplier Agreement (PSA) was signed after New Jersey Governor Phil Murphy issued an executive order increasing the state’s offshore wind target by 50% to achieve 11 GW by 2040.
Fortescue, an Australia-based iron ore company, has proposed to build a 500 MW hydrogen plant on Brisbane’s Gibson Island to produce 70,000 tons of renewable hydrogen each year. Australian Renewable Energy Agency (ARENA) will provide a grant of A$13.7 million (~$8.76 million) towards a A$38 million (~$24.28 million) front-end engineering and design (FEED) study. ARENA’s funding will go to Fortescue Future Industries in consortium with Incitec Pivot to support the FEED study. The study will examine the development of the electrolyzer and its potential integration into the ammonia plant. If built, the Gibson Island facility in Brisbane’s Brisbane River would constitute one of the world’s largest electrolyzers. It would also be the world’s first fully decarbonized renewable ammonia plant.
Telstra announced a power purchase agreement with Ark Energy Corporation to procure a 350 GWh per annum from Ark Energy’s 923.4 MW MacIntyre Wind Farm in southeast Queensland. The agreement between the two organizations is subject to Ark Energy finalizing its financial arrangements. The MacIntyre Wind Farm is part of ACCIONA Energía’s MacIntyre Wind Precinct and is the largest wind farm in Australia. With this procurement, Telstra aims to boost its investment in enabling 100% renewable energy generation.
Envision Energy, a green tech company, announced signing a power purchase agreement (PPA) with Bangladesh’s state-owned utility, Bangladesh Power Development Board (BPDB). According to the agreement, Envision Energy will build a 55 MW wind farm at Mongla in Bagerhat, and BPDB has committed to purchase all the electricity generated from this plant at a levelized tariff of $ 13.20, equivalent to Tk 10.56 per kWh over 20 years. Mongla Wind Farm will be equipped with Envision’s 171-4.5 MW turbines and is expected to complete by 2024. The energy generated from the wind farm will be used in the Mongla region.
Delta, a power and energy management company, announced its new electric vehicle (EV) charging management system, DeltaGrid® EVM, a platform featuring artificial intelligence (AI) capabilities and seamless integration with energy infrastructure. The system aims to enhance the power stability and operating efficiency of EV charging sites worldwide. A scheduling system powered by an AI model would prevent exceeding demand contracts or overloading, allowing existing buildings to provide charging services without significant renovation. DeltaGrid® EVM would help incorporate EV charging, solar energy, and energy storage into a single platform. So far, the system has added value to EV charging sites in Taiwan and several commercial offices, shopping malls, and gas stations in Europe, Japan, and Southeast Asia.