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WinJi and BFH receive funding for machine learning algorithms research project

The Swiss Innovation Agency Innosuisse has awarded the research partners WinJi and the Swiss university BFH funding (0.5M CHF) for their research project. The research aims to improve performance and predictability of renewable assets by developing machine learning algorithms.

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Eneti orders offshore wind turbine installation vessel

NG 14000X design by GustoMSCEneti has entered into a binding agreement with Daewoo Shipbuilding and Marine Engineering for the construction of a wind turbine installation vessel (WTIV).

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Upgrades for UKAS Wind Tunnel

Young Calibration Wind Tunnel with Laser Doppler Anemometer system checksThe UK wind tunnel facility at the UKAS laboratory of Young Calibration has its’ ISO 17025 accreditation schedule upgraded for the calibration of Ultrasonic and Rotating Cup Anemometers.

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PensionDanmark to invest in green innovation company Stiesdal

PensionDanmark will become a new minority shareholder in Stiesdal. The company develops floating offshore wind foundations, energy storage technology, PtX technology and pyrolysis plants for atmospheric carbon capture and storage and biofuel production.

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EDPR’s portfolio reaches 12.5 GW of installed capacity

EDP Renewables (EDPR) has increased its operating portfolio in the first quarter of the year to 12.5 GW, 1.9 GW more than in the same period of the previous year. Of this total, 11.7 GW are fully consolidated and 711 MW are equity consolidated (stakes in projects in Spain, Portugal, USA, as well as offshore projects).

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Avangrid issues a capital increase of $4,000 million

Avangrid will issue an aggregate of $4,000 million of common stock in a private placement transaction at $51.40 per share. Iberdrola will subscribe $3,260 million proportionally to its current 81.5% participation and Qatar Investment Authority (QIA) will subscribe the additional $740 million acquiring approximately 3.7% of Avangrid common stock. This transaction will reinforce the strategic partnership between Iberdrola and QIA.

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