Daily News Wrap-Up: Philips and Heineken to Sign a Pan-European Green Energy Deal

Sungrow supplies inverter solutions for a 100 MW solar park in Hungary

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

Sungrow announced that it supplied its medium-voltage inverter solutions to a 100 MW solar park in Kaposvàr, south-west Hungary, one of the largest solar projects. Expected to be commercially completed by February 2021, the project will ensure an annual power generation of 130 GWh, equivalent to eliminating carbon dioxide by 4,500 tonnes per year, satisfying the city’s electricity demand with 50,000 inhabitants. Hungary has planned energy production in a carbon-neutral way by 2050.

Royal Philips, HEINEKEN, Nouryon, and Signify have formed the first consortium to sign a Pan-European green energy deal securing additional renewable electricity for Europe. The four companies have a shared vision to further reduce carbon emissions in support of the UN Paris Agreement and the European Green Deal objectives. The companies joined forces to support the development of 35 wind turbines in the Mutkalampi municipality in Finland, which is scheduled for completion in 2023. The virtual PPA covers an expected output volume of 330 GWh per year – equivalent to the electricity consumption of 40,000 households. Compared to the average European electricity generation, this renewable electricity will help avoid over 230,000 tons of CO2 emissions per year.

The Norwegian Minister of Petroleum and Energy, Tina Bru, announced an investment of 120 million NOK ($13.6 million) in a new wind power research center in Norway. The NorthWind research center will be at the cutting edge, working on innovations to make wind power cheaper, more efficient, and more sustainable. One of the center’s main priorities will be offshore wind research. Northwind will bring together over 50 partners from research institutions and industry all around the world.

Britishvolt, the United Kingdom’s investor in battery technologies, has selected a site in the North East of England to build the UK’s first battery gigaplant. The company has acquired exclusive rights to a site in Blyth Northumberland and intends to begin construction in Summer 2021. Lithium-ion batteries are expected to be in production by the end of 2023. Total investment for Britishvolt’s gigaplant is £2.6 billion ($3.14 billion), making it the largest industrial investment in North East England since Nissan’s arrival in 1984 and one of the largest-ever industrial investments in the U.K.

Here is our previous daily news wrap-up.

Ankita Rajeshwari Ankita is an editor at MercomIndia.com where she writes and edits clean energy news stories and features. With years of experience in the news business, Ankita has a nose for news and an eye for detail. Prior to Mercom, Ankita was associated with The Times of India as a copy editor for the organization’s digital news desk. She holds a Bachelor’s degree in Psychology from Delhi University and a Postgraduate Diploma in journalism. More articles from Ankita Rajeshwari.

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