Posted on: 22/12/2015
Atlantis strikes deal with ScottishPower
Atlantis Resources, the tidal power developer behind the 398MW MeyGen project in the Pentland Firth, has sealed a deal to buy ScottishPower’s 100MW Ness of Duncansby and 10MW Sound of Islay projects.
In return, ScottishPower will receive a 6% stake in Tidal Power Scotland, the vehicle through which Atlantis is developing the projects.
Tim Cornelius, Chief Executive at Atlantis, said: “In a transformational 12 months, we have increased our UK projects portfolio by almost 80% in terms of potential capacity, through the acquisition of Marine Current Turbines from Siemens, and this transaction with ScottishPower.”
MeyGen has signed a 10-year Power Purchase Agreement (PPA) with SmartestEnergy for the tidal stream project.
> Read Atlantis' announcement
Trump loses wind battle but plans European appeal
The UK Supreme Court has dismissed United States Republican presidential candidate Donald Trump’s appeal against the construction of an 11-turbine wind farm off the coast from his Menie golf course in Aberdeenshire.
Lang Banks, Director of environmental charity WWF Scotland, said: “Having failed in his attempt to undermine Scotland's renewables ambitions, it's now time for Mr Trump to move on.”
Trump will now take his appeal to the European courts.
> See the Supreme Court's statement
GIB backs Irish AD plant
The UK Green Investment Bank (GIB) and Foresight have committed £1.7 million to the construction of a £3.4m anaerobic digestion plant (AD) at Armagh in Northern Ireland.
SQN Capital Management will match the funding for the 500kW plant, which will be built and operated by Northern Irish engineering company Williams Industrial Services.
The plant is the third that GIB and Foresight have backed in Northern Ireland.
> View GIB's announcement
Statkraft pulls back from offshore wind
Norwegian energy company Statkraft has unveiled plans to stop investing in offshore wind farms.
Statkraft will participate in the development of the Triton Knoll project, but not invest further, while the Dogger Bank project will also continue but Statkraft will not invest.
The Dudgeon and Sheringham Shoal projects are not affected by the decision.
> See Statkraft's statement
Senvion signs Fred Olsen deal
Wind turbine maker Senvion has signed its first deal with Fred Olsen Renewables in the UK.
The German company will supply 30 turbines for use at the Brockloch Rig wind farm north of Carsphairn in Dumfries and Galloway.
The first turbine will be installed next summer.
> See Senvion's statement