Anbaric to flip Massachusetts coal plant site into offshore wind facility with 400 MW storage

Utility Dive | May 14, 2019

Developer Anbaric will spend $650 million to convert the former Brayton Point Power Station into a Massachusetts offshore wind platform, according to a statement issued Monday. Anbaric is expected to build a 1,200 MW high-voltage direct current (HVDC) converter and 400 MW of onsite battery storage in order to convert and store electricity generated by offshore wind turbines. The site will also house manufacturing and storage space for large turbine components. Commercial Development Co. (CDC) rebranded the former coal power station last year into the Brayton Point Commerce Center. CDC intended the deep water port to help with offshore wind development, serving as a symbol of the transition from fossil fuels to renewable.

Spotlight

The new regulatory framework includes a binding renewable energy target for the EUfor 2030 of 32% with an upwards revision clause by 2023.Thiswill greatly contribute to the Commission's political priority as expressed by President Juncker in 2014 for the European Union to become the world number one in renewables.

Spotlight

The new regulatory framework includes a binding renewable energy target for the EUfor 2030 of 32% with an upwards revision clause by 2023.Thiswill greatly contribute to the Commission's political priority as expressed by President Juncker in 2014 for the European Union to become the world number one in renewables.

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Montana-Dakota Utilities Co. Chooses CPower to Expand Its Commercial Demand Response Program

Montana-Dakota | October 23, 2020

CPower Energy Management Company, the nation's leader in demand-side energy management, and Montana-Dakota Utilities Co. (Montana-Dakota), a regional energy supplier to organizations in the Upper Midwest, announce the expansion of Montana-Dakota's popular Demand Response Resources (DRR) program. The expansion of the program marks another opportunity for CPower's nearly 1,500 commercial and industrial customers to earn revenue and support the grid.

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SOLAR+STORAGE

Greenwood Sustainable Infrastructure (GSI) Announces Utility Scale Deal with AquaSan to Provide Up to 233 MW in New Solar Capacity to Five U.S. States

Greenwood Sustainable Infrastructure | March 03, 2022

Greenwood Sustainable Infrastructure (GSI) announced it has taken a step towards providing more affordable, reliable, and clean access to energy for Americans. The North American solar energy investment and development subsidiary of the Libra Group announced that it has acquired a scalable portfolio of solar developments from AquaSan Network-subsidiary CMDAJ Holdings LLC (CMDAJ). This acquisition positions GSI to provide up to 233 megawatt (MW) in affordable, utility scale solar energy to new markets, including Minnesota, Colorado, Pennsylvania, South Carolina, and Wisconsin. Initially, GSI will develop 40 MW of early-stage utility scale solar developments in Minnesota, with the option to build an additional 193 MW in Colorado, Pennsylvania, South Carolina, and Wisconsin, doubling its current footprint to 10 U.S. states. Following this transaction, Libra Group subsidiaries, including GSI, will be close to reaching the one-gigawatt development mark, proving 950 MW in solar, wind and waste-to-energy with over 220 projects owned, currently under development, or previously developed in six countries. These developments will provide power to a combination of regulated utilities, investor-owned utilities and U.S. businesses allowing them to purchase solar energy to meet clean energy goals and lock in reduced electricity costs. The portfolio will increase access to reliable, clean energy and promote local job creation and the provision of clean, reliable and renewable water. We were proud to partner with CMDAJ, a team of experienced renewable energy and water project developers in Denver Colorado, to complete this deal which will increase access to reliable, clean energy and promote local job creation. The company and this transaction represent a key part of the Libra Group's commitment to renewable energy in the Americas and around the world." Camilo Patrignani, Libra Group EVP of Energy The U.S. renewable energy market is a multibillion-dollar sector. A global focus on clean power, where many U.S. developers lead the field, has given rise to new solutions with improved technology offering greater efficiencies year upon year. The assets from this deal will be co-owned and co-developed by the GSI and CMDAJ partnership. Once the projects are ready to build, GSI plans to construct and operate the power plants. "This is a very exciting announcement that will cement GSI's growth plans hand in hand with CMDAJ, and continue to support and advance the nation's transition to a reliable, clean energy future," said Mazen Turk, GSI CEO. "Since the start of operations in 2010, GSI has developed and built over 32 renewable energy assets and this acquisition furthers our exposure to the utility scale energy segment." "CMDAJ's team has developed over 2 gigawatts of thermal, solar, biomass and wind projects over the last 20 years and this partnership will enable us to expand our development portfolio and vertically integrate our efforts in renewable energy and water" said Carmine Iadarola, CEO of CMDAJ and AquaSan Network, Inc. About Greenwood Sustainable Infrastructure and Libra Group Greenwood Sustainable Infrastructure is one of the clean energy subsidiaries of the Libra Group, a privately-owned international business group spanning 35 countries across six continents and active in renewable energy, aviation, hospitality, real estate and shipping as well as selected diversified investments. GSI is focused investment, development, and operation of both distributed generation and utility-scale solar energy projects in North America. As of January 2022, the company developed approximately 200 MW in 32 renewable energy projects, many of which are still owned or operated by GSI. Recent partners include DTE Energy, Delmarva Power, and Duke Energy. Its sister company, Greenwood Energy Latinoamérica, is currently developing or managing close to 100 MW of on-site solar energy systems for public and private sector organizations wishing to offset their energy costs in Latin America, including the first utility-scale project in Panama. The Libra Group also owns Convergen Latvia, operating three biogas plants in Latvia and EuroEnergy, which operates solar and wind farms across Europe. About CMDAJ and AquaSan AquaSan was formed in 1983 by its current CEO Carmine Iadarola to provide administrative and technical services for the water infrastructure business. Over time, Aquasan got involved in the development of renewable energy projects as well and since then had developed 1,100 MWs of natural gas power, 1,000 MWs of wind, and 500 MWs of solar. AquaSan is a family owned business that employs 5 people and has rendered services to companies like Nextera, GCL, Xcel, Dominion, Pine Gate, Candela, Google, Kiewit and others.

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GRID ENVIRONMENT

CenterPoint Energy issues All-Source RFP targeting renewables, thermal and demand side resources and short-term capacity

CenterPoint Energy | May 11, 2022

CenterPoint Energy, Inc. (NYSE: CNP) has announced that its Indiana-based electric utility business, CenterPoint Energy Indiana South, is opening a new all-source request for proposals (RFP) to seek a combination of resources including renewables (wind, solar and battery storage), thermal and demand-side resources, and short-term capacity to meet the future needs of its 150,000 electric customers in southwestern Indiana. "As we continue our electric generation resource transition, we are looking for additional resources that can contribute to our diversified portfolio to provide safe, reliable and cost-effective electric service to our customers," - Steve Greenley, Senior Vice President, Generation Development. The RFP will assist in identifying additional generation technologies that can provide fully accredited capacity no later than March 1, 2027. Later this year, CenterPoint Energy Indiana South will begin its 2022 Integrated Resource Plan, an analysis conducted every three years used to determine the best mix of generation and demand side resources to meet customers' needs over the next 20 years. Generation technologies being sought include: Renewables, both wind and solar along with battery storage in paired and standalone applications; Thermal, including coal and natural gas-fired generation, hydrogen, nuclear and other resources; Demand side and load-modifying resources, whether standalone or aggregated, capable of providing accredited capacity; and Short-term capacity, especially in years 2023-2025. Eligible transaction structures include power purchase agreements, asset purchases including projects in development, demand side contracts and capacity only contracts. About CenterPoint Energy As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of March 31, 2022, the company owned approximately $35 billion in assets. With approximately 8,900 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.

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