17 June 2022
Equinor wants to build a giant offshore wind farm outside Bergen
Equinor and its partners Petoro, TotalEnergies, Shell and ConocoPhillips in the Troll and Oseberg fields, are exploring the possibility of a floating offshore wind farm in the Troll area about 65 kilometres west of Bergen. The 1 GW offshore wind farm, with an annual production of 4.3 TWh, would be called Trollvind and be ready in 2027. The goal is for power from Trollvind to supply the Troll area with electricity, to encourage offshore wind efforts in Norway and to supply extra power to the Bergen region.
“A full-scale floating offshore wind farm such as Trollvind can contribute to faster realisation of Norwegian ambitions to position Norway as an offshore wind nation, said CEO Anders Opedal in Equinor.”
Ørsted close to acquiring wind company
The Danish energy company states that it is in the final stages of an acquisition of Ostwind, a European developer of renewable projects, with a large inventory in central Europe.
Plagazi appoints German commissioner for green hydrogen, Dr. Stefan Kaufmann to the company's board
Plagazi AB has appointed Dr. Stefan Kaufmann to Plagazi's board. Since 2020, Dr. Kaufmann has led Germany's national green hydrogen strategy as head of innovation for green hydrogen at the Federal Ministry of Education and Research (BMBF). In addition to his responsibilities in the green hydrogen sector, Dr. Kaufmann has also been responsible for Germany's research and development activities.
Wärtsilä and Aalto University expand cooperation on engines
Wärtsilä and Aalto University have decided to expand their cooperation. The partnership will continue research into fossil-free fuels and their combustion phenomena, and the cooperation will expand to other research areas at Aalto University in the future. The aim is to develop new emission-free fuel solutions for the needs of maritime transport and power plants.
Finland offers taste of the future of food
Finnish organisations are working on various food-related innovations – from sustainable protein production and large-scale production of algae to providing culinary experiences beyond the most densely populated urban areas.
Solar Foods and Danske Bank Growth announced they have agreed on an export credit facility worth 15 million euros for Solar Food’s first production facility, Factory 01. The facility is guaranteed by Finnvera and Denmark’s Export Credit Agency. The 35 million-euro facility is to start producing Solein, the single-cell protein developed and registered by Solar Foods, in Vantaa in 2023. Teppo Havo, head of Nordics at Danske Bank Growth, said Solar Foods stood out from other startups in the space due to its global potential and measurable environmental impacts.
Meanwhile, Meeat Food Tech, an Espoo-based producer of plant-based protein products, reported that it has closed an eight million-euro funding round backed by investors such as Switzerland’s Emerald Technology Ventures, Finnish Industry Investment (Tesi) and KVKI Capital.
Investment in innovative large-scale food production in Gällivare under investigation
Investigations are underway into how waste heat from LKAB and the planned fossil-free sponge iron production in Gällivare can become an important piece of the puzzle in the green industrial transition. The company WA3RM, which builds and finances infrastructure to take advantage of waste streams, has signed a letter of intent with Gällivare Energi to take care of parts of the waste heat from the process with Hybrit technology for use in large-scale food production. A project that could create a completely new segment in the local business community, growing vegetables and fish and more, with the potential to create a large number of new jobs.
Peroni invests in solar heating from Absolicon
Absolicon is preparing a first solar collector field at Birra Peroni's brewery in Italy, part of the Asahi Group. The solar plant will provide first-hand experience of how Absolicon's concentrated solar collectors support Birra Peroni's commitment to reach carbon dioxide-free production by 2030. The installation is a 660 m2 solar collector field located in Bari, Italy, which provides solar heat for brewing processes through a heat purchase agreement.
Advanced Soltech enters into a strategic cooperation agreement in China
Advanced Soltech's subsidiary in China has entered into a strategic cooperation agreement with the municipal management in BoShan district, located in ShanDong province. The agreement refers to the development of 100 MW of roof-based solar energy in the district over five years.
Metsähallitus planning wind power projects in Poland
Metsähallitus is planning two wind farms in the area of the municipality of Poland. The parks would have a maximum of 32 wind farms with a total height of no more than 300 metres. The unit capacity of the planned wind farms is approximately 5–10 MW and the total capacity is estimated to be approximately 160–320 MW, sufficient for the annual total electricity demand of approximately 25,000–50,000 homes.
SEB Greentech VC joins companies that measure energy data
SEB Greentech Venture Capital has joined Metry, a Swedish company that collects data for sustainability reporting and more efficient energy use in properties. Metry provides a service to facilitate and enable property owners and others to make the right investment decision. According to Kristina Söderberg, Investment Manager at SEB Greentech VC, the need for reliable real estate data has increased significantly for banks due to the new EU regulations and reporting requirements. So when property owners apply for financing on an investment, they want from a banking perspective to be able to access a data package that supports the case. Magnus Hornef, CEO and co-founder of Metry, emphasised that the more sustainability becomes a financial issue, the more important it becomes that the data on which the sustainability evaluation is based is reliable.
What we’re reading
- Germans told to conserve energy as Russia cuts gas flows to Europe (Twitter)
- Patricia Espinosa: Some rich nations felt demands on finance were ‘too strong’ (Climate Home News)
- Massive investments planned in USA by NextEra
- For Sweden, a high rate of felling is more important than the climate (Blog)
About Nordic Green News
The Nordic countries are some of the most dynamic and successful economies in the world. They are also leaders in sustainability, from renewable energy, biofuels, carbon capture and storage and the hydrogen economy, circular economy business models and battery development, the Nordics are pioneers in policy design, technology development and consumer uptake. Mundus Nordic Green News is covering this transition for the international community. Every day we curate the stories of most relevance to international businesspeople and policy experts from the flow of news. Mundus Nordic Green Indices summarise the meta-data from our daily coverage to enable easy tracking of trends. We supplement these with our own opinion pieces and commentary.
Powered by Notified