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(Page 1) Cummins Inc. (Columbus, Ind.) has unveiled its plans for one of the world’s largest electrolyzer plants for the production of green hydrogen to be located
Offshore wind was in the news elsewhere in Asia, as GE Renewable Energy announced a key partnership in Japan with local industrial giant Toshiba, which will help build and sell the giant Haliade-X turbine. And in China, bound for global number-one spot in offshore wind sometime in the fast-approaching future, Norwegian energy giant Equinor and Chinese yard CIMC Raffles Not to say that US offshore wind was having a quiet week by any means! The American industry passed a key milestone when federal authorities approved Vineyard 1, the 800MW development set to be the first US commercial projec...
Our weekly curation of the must-read news and analysis from the-week-that-was in the global renewables industry
Iberdrola reported almost an 28% increase in profits at its renewables division in the first quarter of the year. EBITDA at the unit came in at €932.1m, contributing towards group-wide earnings of €2.81bn, which were steady for the period. Growth in the green energy division was due to increased renewable installed capacity, a rise in renewable production in Spain at higher prices, and the growing contribution of offshore wind power with the start-up of East Anglia One in April last year. Iberdrola ended the quarter with 8.7GW of renewable generation assets under construction, of which 4...
Iberdrola announces latest green hydrogen project with BP and Enagas News News Ignacio Galán, CEO of Iberdrola. Image: Iberdrola. Spanish energy giant Iberdrola has partnered with oil and gas majors bp and Enagas on a feasibility study to develop a large-scale green hydrogen project in Valencia. The project will be based at bp’s refinery in Castellón, replacing the grey hydrogen that is currently used in the production of biofuel. It will be comprise of a 20MW electrolyser powered by renewable energy, including a 40MW solar PV system, although it is hoped that the electrolyser’s capacit...