Daily News Summary: $ 30 million federal grant for clean energy projects announced

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Here are some notable cleantech announcements of the day from around the world:

The US Department of Energy (DOE) has announced over $ 30 million in federal funding contrasted with over $ 35 million in private sector funding, for 68 projects designed to accelerate the commercialization of promising energy technologies – from clean energy and advanced manufacturing to building efficiency and next-generation materials. These awards will help bring innovative solutions from the DOE’s national laboratories to market, creating new jobs and businesses, while strengthening the country’s economic competitiveness and achieving President Biden’s goal of net-zero by 2050 Achieve carbon emissions.

Italian renewable energy company Enel Green Power and American dairy company HP Hood have one Pact, under which Hood will purchase 90 GWh of wind energy annually. Under the 12-year Virtual Power Purchase Agreement (VPPA), Hood will purchase the power that will be fed into the grid by a 25 MW portion of Enel Green Power’s Azure Sky Wind project in Texas. The agreement is Hood’s first VPPA for renewable energy and comes as the company celebrates its 175th anniversary with continued innovation, growth and a renewed commitment to sustainability. Over the life of the VPPA, the project will cover 33% of the electricity used in all of Hood’s 13 own manufacturing facilities.

The students of KL applies to university, Hyderabad, developed an electric bike with wireless charging technology. The innovative prototype was developed by a team of six students in their third and fourth year of study in the electrical engineering and electronics department of the KL College of Engineering and some alumni members. The e-bike supposedly allows a top speed of 55 km / h with a charging capacity that can cover between 85 and 100 km in a single charge of five hours under standard conditions.

German chemical company BASF and Swedish electricity company Vattenfall to have signed an agreement to purchase 49.5% of Vattenfall’s Hollandse Kust Zuid (HKZ) wind farm by BASF. The purchase price is € 300 million (~ $ 35.95 million). As part of the pact, Vattenfall will use HKZ to supply its customers in the Netherlands with fossil-free electricity, while BASF supports chemical production at locations across Europe. The closing of the transaction is expected in the fourth quarter of 2021. The offshore construction of the wind farm will begin in July 2021. Once it is fully commissioned, it will have a total installed capacity of 1.5 GW.

The flagship solar project from Lightsource bp Vendimia has started commercial operation in Zaragoza, Spain. The cluster with a capacity of 247 MW and five projects was built during the Covid-19 pandemic. The project, financed by NatWest, Intesa Sanpaolo, Santander and Bankinter, will generate green electricity that will supply over 107,000 local households. The entire electricity production is supplied to bp’s European electricity trading team under a long-term electricity purchase agreement.

Real estate company Mindspace Business Parks REIT has joined the RE100 initiative led by the Climate Group in partnership with CDP. The company has thus committed itself to completely converting all areas of the REIT portfolio of Mindspace Business Parks to renewable energies by 2050. Mindspace REIT will also make renewable energies accessible to tenants who opt for green electricity. The company currently obtains around 10% of its energy from renewable sources such as solar energy and renewable energy certificates.




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