GE entered an agreement with Powering Australian Renewables Fund (PARF) to deliver and install 123 wind turbines for the 453MW Coopers Gap windfarm, which will be located at Cooranga North, near Brisbane, Australia.
The deal will see the delivery of 91 GE 3.6MW turbines with 137m rotors and 32 GE 3.8MW turbines with 130m rotors.
GE will also enter a 25-year full service agreement to maintain the Coopers Gap facility.
A consortium comprising Sumitomo, Toshiba, and IHI secured an engineering, procurement, and construction (EPC) contract to develop a new 1,200MW ultra-super critical coal-fired thermal power plant in Bangladesh.
The contract was awarded by Coal Power Generation Company Bangladesh. It will also see the construction of a deep sea port in the country.
Modelled on the Kashima Port in Japan, the entire project will be built at designated sites on Matarbari Island in southeastern Bangladesh. The plant will feature two 600MW units and will use imported coal as fuel.
The three shareholders of the offshore wind consortium Forewind agreed upon and signed the ownership arrangements for four consented Dogger Bank offshore wind projects, which will generate a combined 4.8GW of power.
Forewind secured approval to develop the Dogger Bank project in 2015, which will be situated in the North Sea, England, UK, and will feature four individual 1.2GW developments.
The new arrangement will see Forewind shareholders SSE and Statoil each own 50% of the three projects, Dogger Bank Creyke Beck A, Dogger Bank Creyke Beck B and Dogger Bank Teesside A.
Peterhead Port Authority in the UK entered an agreement to support the development of turbine foundations of the European Offshore Wind Deployment Centre (EOWDC) project.
The deal will see the commencement of offshore construction work of EOWDC, which is currently under development by Swedish energy group Vattenfall off the Aberdeen Bay in the UK.
Under the contract, Peterhead Port will be able to accommodate floating cranes with a maximum lifting capacity of 5,000t, as well as up to six barges that will transport the 11 turbine foundations to the wind farm.
A consortium of companies led by Australia’s Macquarie Group completed an acquisition of UK Green Investment Bank from the UK Government for £2.3bn.
Also included in the consortium are Macquarie European Infrastructure Fund 5 (MEIF5) and Universities Superannuation Scheme (USS).
With completion of the deal, Green Investment Bank will continue to be based in Edinburgh and London, UK. It specialises in project finance and development, construction, and asset management of green energy infrastructure.
World Wind Energy Association (WWEA) entered an agreement with Korean Wind Energy Association (KWEIA) to jointly conduct research that seeks to improve the wind power market in South Korea.
The partnership is expected to explore possibilities for both the onshore and offshore wind industry.
It is expected to examine various leading markets in order to identify the best policies for the promotion of wind power and fast installation of wind farms in South Korea.
DONG Energy signed a deal to sell 50% of its stake in the 450MW Borkum Riffgrund 2 offshore windfarm in Germany to Global Infrastructure Partners III (GIP III) for around €1.17bn.
As part of the deal, DONG Energy will also form a 50/50 partnership with GIP to develop the project and offer engineering, procurement, construction, operations, and maintenance services.
Subject to approval, the deal is set to be completed by the end of this year.
New report 'Status and Prospects for Nuclear Power 2017' from the International Atomic Energy Agency (IAEA) formed two predictions for the future of installed nuclear power.
Noted as 'high case', the best scenario saw global capacity of installed nuclear power increasing by 123% in 2050 from 2016 levels. This assumed that current rates of economic and electricity demand growth will continue.
The agency also published a 'low case' scenario, which assumed a continuation of current market, technology, and resource trends with few changes to policies affecting nuclear power.
Singapore-based Equis Energy secured approval from the Western Downs regional council in Queensland to develop the 1,000MW Wandoan South Solar Project (WSSP).
Requiring an investment of A$1.5bn ($1.2bn), the project will be equipped with up to three million solar photovoltaic (PV) panels.
WSSP will be able to produce around 1,800,000MWh/y, which is equivalent to the annual requirement of 255,000 homes.
A team of researchers at Virginia Tech College of Science in the US developed a high-tech box that can detect neutrinos produced by reactors.
The machine could eventually help the United Nations (UN) track nuclear activities of 'rogue states'.
Developed at Dominion Power’s North Anna Nuclear Generating Station in Virginia, the box is filled with luminescent plastic cubes that detect subatomic particles to track plutonium produced in a reactor core.