PIF’s Wholly-owned Company Badeel and ACWA Power Invest SAR12.2 Billion into Three New Solar Projects in Saudi Arabia
Projects intend to produce a combined capacity of 4.55GWac, powering approximately 750,000 households Projects mark an important milestone for the National Renewable Energy Program, which is supervised by Ministry of Energy PIF is mandated to develop 70% of renewable energy target capacity in Saudi Arabia by 2030 Riyadh, Kingdom of Saudi Arabia: The Water and Electricity Holding Company (Badeel), a wholly-owned company of the Public Investment Fund (PIF), and ACWA Power today...
NEOM Green Hydrogen Company completes financial close at a total investment value of USD 8.4 billion in the world’s largest carbon-free green hydrogen plant
NEOM Green Hydrogen Company is an equal joint venture by ACWA Power, Air Products and NEOM, building the world’s largest green hydrogen plant to produce green ammonia at scale in 2026. The project at a total value of USD8.4 billion is being financed with USD 6.1 billion non-recourse financing from 23 local, regional and international banks and financial institutions. An exclusive 30-year off-take agreement of all the produced green ammonia has been secured. NGHC have concluded the Engin...
POLYTECHNIK supplies technology for the largest industrial torrefaction plant in Europe
Finnish company Joensuu Biocoal Oy will use innovative technology from Austria to produce renewable alternatives to fossil coal. The pioneering project demonstrates a potential solution to the industrial push towards carbon neutrality, helping to reduce the environmental impact caused by fossil fuels while providing a renewable energy source. WEISSENBACH, Austria - Sustainably harvested forest residues are heated in a low-oxygen environment to produce a carbon-rich end-product. Torrefied bio...
ABB collaborates with Lhyfe and Skyborn on one of Europe’s largest renewable hydrogen projects
Together with Lhyfe and Skyborn, ABB will drive large-scale integration of production of offshore wind renewable hydrogen into the energy system in the SoutH2Port project. Powered by Skyborn’s planned Storgrundet offshore wind farm, the plant in Söderhamn, Sweden, will produce around 240 tons of hydrogen per day, equivalent of around 1.8 million barrels of oil per annum. ABB will apply critical expertise to optimize the integration of the hydrogen and electricity production across entire e...
Seven Developers Unite in a Coalition Supporting Subsea Transmission Corridor Connecting New England to Atlantic Canada: White Paper Identifies Nearly $1 Billion Annual Benefit to Consumers
Boston, Massachusetts and Halifax, Nova Scotia-- A cross-border coalition of seven developers of offshore wind, green hydrogen, and power transmission solutions has formed to call for greater offshore wind collaboration between the United States and Canada. The New England - Maritimes Offshore Energy Corridor (NEMOEC) Coalition has issued a study exploring the potential for a shared offshore transmission corridor that will enable the broad decarbonization goals of the region while also serving a...
Danfoss to Power All North America Facilities with Solar Energy by 2025
Danfoss Solar project: L to R: Rodney Mumm, head of Danfoss Global Services in North America; Soren Revsbech Dam, Head of ESG, Global Services Real Estate; and Leart Berisa, Category Manager, Global Services are excited to announce the solar power purchase agreement for Danfoss’ North America facilities as part of the company's ESG commitment. Agreement marks another milestone toward commitment to decarbonize operations by 2030 With an eye toward achieving their global decarbonizat...
Assembling the world’s largest floating offshore wind farm
Floating offshore wind will be key to delivering cost-effective renewable energy to consumers. Equinor is leading the way in developing this technology with Hywind Tampen, the largest floating wind farm to date. A smooth production line was needed from component load-in to turbine assembly, but deep foundations meant that lift capacity was needed far from the quay edge. To reduce the CO2 emissions of its offshore operations, energy major Equinor planned to construct the world’s largest f...
Metsä Wood to supply LVL products for Modvion’s wooden wind turbine towers
Swedish wood technology company, Modvion, and the Finnish wood product company, Metsä Wood, have agreed to supply laminated veneer lumber (LVL) for Modvion's wooden wind turbine towers. “Building renewable energy with renewable materials can enable net-zero energy production from wind,” said Pär Hallgren, Head of Procurement at Modvion. “Metsä Wood is an important partner in our journey to become a leading supplier of the next generation of sustainable wind turbine towers, which will also ma...
Siemens Inks 1GW Solar Inverter Agreement with Lightsource bp
Siemens to supply solar inverter stations to multiple Lightsource bp projects throughout U.S. New agreement demonstrates leadership in growth of U.S. utility scale solar sector Lightsource bp recently signed a Volume Frame Agreement (VFA) with Siemens to supply solar inverter stations for a series of projects in the Midwest and Southeast of the United States. Per the VFA, Lightsource bp will use more than 850MW of Siemens inverters, with an option to add 200MW more, over the course o...
Governor Hochul Announces Deployment of More Than 30 Megawatts of Solar Energy Throughout Upstate New York
New York Power Authority, New York State Department of Corrections and Community Supervision Complete Installation of More Than 75,000 Solar Panels -- Enough to Power 7,000 Homes Arrays Will Reduce Carbon Emissions by 4,500 Tons, Save State $10 Million in Energy Costs Governor Kathy Hochul today, during Earth Week, announced the deployment of more than 30 megawatts of solar energy throughout upstate New York. The New York Power Authority designed and implemented solar energy systems...
Stormwater Interview with Robert Page, P.E., Vice President, HNTB
Santa Barbara County North Branch Jail Expansion
February Issue 2026
