
MET Group extends renewables portfolio in Europe
The company has acquired a 100% stake in five greenfield solar power projects in Italy, and a ready-to-build solar power project in Spain.
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The company has acquired a 100% stake in five greenfield solar power projects in Italy, and a ready-to-build solar power project in Spain.

The company’s reorganisation will help to further accelerate its growth in offshore renewables.

With India expected to become the most populous country by 2027, there is a pressing need for them to address the rising level of energy demand whilst also reducing CO2 emissions.

They have signed an agreement to jointly pursue research and development work in the green hydrogen value chain, focusing their development on the industry in India.

ClassNK has granted the Class C innovation endorsement provider certification to ‘K’Line Wind Service Ltd, the organisation for offshore wind power under Kawasaki Kisen Kaisha Group.

Plenitude has invested in EnerOcean’s floating wind technology, W2Power, a multi-turbine solution that yields a high power-to-weight ratio.

The companies will explore the feasibility of a gigawatt scale green hydrogen and ammonia production plant to introduce new decarbonisation technologies in the region.

NGK has invested in EneCoat Technologies, a spin-off company from Kyoto University, which is involved in the development of perovskite solar cells.

According to Rystad Energy research, new offshore wind capacity additions are expected to reach 4 GW for the first time in 2022, more than doubling 2021 additions.

Vitol has agreed to acquire three wind farms totalling 244.4 MW of wind generation in Pennsylvania, US, from a fund managed by BlackRock.

The partnership between Falck Renewables and BlueFloat Energy could accommodate a total of approximately 3 GW of offshore wind capacity.

The company has been selected by Equinor South Korea to perform a FEED for the offshore floating wind Firefly project.