Tuesday, April 3, 2012

UL to acquire German wind energy measurement company DEWI

Founded in 1990 to support Germany's emerging wind energy industry, DEWI GmbH has expanded rapidly from a local research and development resource to an international leader in measurement services, micrositing, research and education, as well as technical and economic advisory services.  DEWI GmbH has been relied upon by more than 1,300 customers spanning 47 countries worldwide.

"Lower Saxony had the vision to plant a seed and nurture an excellent, economically ,viable business in DEWI GmbH, and we're excited to be giving this extraordinary company a bigger pot in which to grow," said Gitte Schjotz, president of UL Europe and Latin America.

DEWI GmbH's performance and efficacy testing will join UL's wind energy safety certification services to better address the evaluation needs of a global wind energy market that is expected to grow 67 percent by 2015. DEWI GmbH will join UL's Product Safety business unit and will continue to operate from its facilities in Germany, Spain, France, Italy, Turkey, Canada, Brazil and China.
UL to acquire German wind energy measurement company DEWI

Solazyme, Bunge form renewable oil joint venture in Brazil

The JV, which will operate under the name Solazyme Bunge Produtos Renováveis Ltda., will have an expected annual production capacity of 100,000 metric tons of oil. The facility will utilize Solazyme’s renewable tailored oil production technology, coupled with Bunge’s sugarcane supply and processing capabilities, to produce sustainable tailored triglyceride oils for use in oleochemical and fuel applications in the Brazilian domestic market.

“Bunge is excited to partner with Solazyme to commercialize its innovative sugar-to-oil technology platform, which will enable us to link our sugar and vegetable oil value chains,” said Ben Pearcy, managing director of Sugar & Bioenergy, and chief development officer of Bunge Limited. “The tailored oils we expect to produce will not only expand our portfolio and address the growing demand of the fuels and oleochemicals industries, but also increase our capabilities to leverage new technologies for future opportunities in sugar and bioenergy.”

The facility, which will be equally financed by Solazyme and Bunge, has been designed to integrate with a new cogeneration unit at the Moema mill, and can be expanded for further production in line with market demand. Startup is expected in the second half of 2013.
Solazyme, Bunge form renewable oil joint venture in Brazil

Alstom, Drax, BOC form new carbon capture storage company

The consortium has formed a project company, Capture Power Limited (Capture Power), and named the CCS demonstration project the ‘White Rose CCS Project’ after the county symbol of Yorkshire, where the project is based.

The White Rose CCS Project will burn coal with the potential to co-fire sustainable biomass and be fully equipped with CCS technology from the outset. The 426MW (gross) power plant will be located on land adjacent to Drax’s existing power station, near Selby, North Yorkshire.

The plant will generate enough electricity to supply the equivalent needs of over 630,000 homes with 90 percent of all the CO2 produced by the plant being captured and transported by pipeline for permanent storage deep beneath the North Sea seabed.
Alstom, Drax, BOC form new carbon capture storage company

Enel Green Power, GE to co-develop Chisholm View wind project

The Chisholm View wind project, which requires a total equity investment of approximately US$375 million, will have a total installed capacity of 235.2MW and is supported by a long term power purchase agreement (PPA).

Under the terms, EFS Chisholm will invest approximately US$191 million for a 51 percent stake in the Chisholm View project, whereas Enel Green Power North America will contribute approximately US$184 million for a 49 percent stake.

Enel Green Power North America has an option to further increase its stake up to a further 26 percent of EFS Chisholm equity on specific dates in 2012 and 2013.
Enel Green Power, GE to co-develop Chisholm View wind project

Fuji hands over wind turbine generator system business to Hitachi

Hitachi and Fuji Heavy Industries co-developed a 2,000kW level downwind type power generation system in 2003. The prototype machine was installed in Hasaki, Kamisu City, Ibaraki Prefecture, Japan in December 2005, followed by the delivery of a total of 25 units of wind power generation systems at 6 sites throughout the country.

The downwind type turbine, installed with its rotor under the lee of the tower, can effectively catch wind to generate power on hills and at sea. Hitachi designed and manufactured the power generator and the power control component and has also sold and installed the wind power system. Fuji Heavy Industries designed and manufactured the nacelle, blade, and tower.

Hitachi and Fuji Heavy Industries have developed a strong business relationship through their cooperation and expansion of the wind turbine generator system business.
Fuji hands over wind turbine generator system business to Hitachi

Reliance commissions 40MW solar power plant in India

The Dhursar plant is expected to generate more than 70 million kilowatt hours of clean, green energy annually, reportedly making Dhursar the largest plant of its kind in the country. The site is spread over an area of 350 acres and it will supply clean energy equivalent to consumption of 75,000 households.

“Our Dhursar plant demonstrates the huge potential of solar energy to help India meet its growing energy needs in the most environmentally friendly manner. It is also a testimony of the quick timeframe in which solar power plants can be built and commissioned. Reliance Power’s vision is to become India’s largest green power company and the commissioning of this solar plant is the first major step in that direction,” said Anil Ambani, chairman of Reliance Power.

The Reliance Power plant uses new and efficient technology like thin film and it is estimated that the clean energy generated from the solar plant will displace over 70,000 metric tonnes of carbon dioxide emissions per year - the equivalent of taking 25,000 cars off the road.

The 40MW solar PV project, with an investment of INR7 billion, is financed at a debt-equity ratio of 75:25. While Reliance Power infused the entire equity into the project, US Exim Bank and Asian Development Bank (ADB) have provided the entire debt to the project. This is the first direct loan sanction by ADB to a private sector solar project in India.
Reliance commissions 40MW solar power plant in India