Masdar agrees to develop 4 GW of clean energy projects in Azerbaijan

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Masdar, one of the world’s leading renewable energy companies, has signed implementation agreements with the Ministry of Energy of the Republic of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 megawatts (MW) as an exclusive concession, with the right to develop an additional 6,000 MW as a second phase, bringing the total production capacity of these projects to 10,000 MW – the largest such signing in Azerbaijan’s history.

Masdar signed two implementation agreements, one relating to the development of onshore wind projects with a capacity of 1,000 MW, and 1,000 MW of solar photovoltaic (PV) projects. The second agreement covers integrated offshore wind and green hydrogen projects with a capacity of 2,000 MW.

The implementation agreements were signed by HE Parviz Shahbazov, Minister of Energy, with Fawaz Al Muharrami, Acting Executive Director of Masdar Clean Energy, signing on behalf of Masdar, at an event in Shusha, held as a special session of Baku Energy Week. 

HE Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chairman of Masdar, said, “The 4,000 MW of renewable energy projects announced today reinforce the close relationship between the United Arab Emirates and Azerbaijan and are a testament to our shared commitment to progressive climate action. These clean energy projects also demonstrate the valuable economic opportunities of the energy transition and will contribute to the energy diversification and energy security of Azerbaijan. Today’s announcement also underscores the UAE and Masdar’s position as a global leader in renewable energy, as we progress our strategy toward a portfolio of at least 100 GW globally.”

HE Parviz Shahbazov, Minister of Energy, said, “Today we are going to sign mega projects with Masdar in accordance with the green energy course of the President of Azerbaijan, which defines renewable energy sources as a strategic priority for the country’s development.  These 4,000 MW solar, wind and green hydrogen projects, being the largest renewable energy production capacity in the region and in our energy history, provide ample opportunities for the development of Azerbaijan as a green growth country, green energy producer and exporter, as well as allow for involving multibillion-dollar green investment.”

The agreement for onshore wind and solar projects includes measures to study and strengthen the network and implement processes for the export of electricity. The second agreement includes measures to create wind power for production and export purposes, decarbonization, hydrogen production and export.  
At the same event, Masdar also signed a Memorandum of Understanding (MoU) with the State Oil Company of Azerbaijan Republic (SOCAR) for the joint development of renewable energy sources. 

In March, Masdar’s CEO Mohamed Jameel Al Ramahi attended the groundbreaking ceremony for Masdar’s 230 MW Garadagh Solar PV Plant in Azerbaijan. The plant, expected to start commercial operation in 2023, will help to generate half a billion kilowatt-hours of electricity annually, enough to meet the needs of more than 110,000 homes, and will reduce emissions by more than 200,000 tonnes a year, while also creating valuable jobs. 

Masdar is one of the fastest-growing renewable energy companies in the world with the expectation of reaching well over 50 GW total capacity by 2030 – and over 100 GW in the following years. In December 2021, the UAE government announced Abu Dhabi energy champions TAQA, ADNOC, and Mubadala are to join forces as shareholders in Masdar, creating a truly global clean energy powerhouse that will be a major force in renewables and green hydrogen. Last year alone, Masdar increased capacity on its worldwide clean energy portfolio by 40 percent and already in 2022 the company has signed agreements to explore and develop renewable energy and green hydrogen projects with a combined capacity of more than 10 GW.  

Source: Maasdar

McDermott Awarded Its Largest Ever Renewable Energy Project by TenneT

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McDermott International has been awarded its largest ever renewable energy contract from TenneT for the BorWin6 980MW High-Voltage, Direct Current (HVDC) project. Through a consortium with Global Energy Interconnection Research Institute Co., Ltd. and C-EPRI Electric Power Engineering Co., Ltd. (GEIRI / C-EPRI), McDermott will provide engineering, procurement, construction, installation and commissioning (EPCIC) services.  

The project is for the design, manufacture, installation and commissioning of an HVDC offshore converter platform, located 118 miles (190 kilometers) offshore Germany on the Platform North Sea Cluster 7 in a water depth up to 131 feet (40 meters). Electricity generated from offshore wind farms will be converted into direct current and transported to an onshore converter station located 28 miles (45 kilometers) onshore near Büttel, Germany.

“This major EPCIC award elevates our growing energy transition portfolio and signifies our expansion into the thriving offshore wind market, further strengthening our global ambitions in the renewables sector,” said Samik Mukherjee, McDermott’s Executive Vice President and Chief Operating Officer.

McDermott will lead the consortium with GEIRI / C-EPRI through an integrated execution model utilizing McDermott’s extensive global engineering centers and strategically located fabrication yards. The consortium will leverage McDermott’s extensive project management, engineering, global procurement and fabrication expertise and GEIRI / C-EPRI’s proven HVDC experience and world-class network solutions.

“Our integrated EPCIC delivery model, combined with nearly a century of experience executing some of the most challenging offshore projects in the world, make us ideally suited to support TenneT on this important offshore grid connection project,” said Tareq Kawash, McDermott’s Senior Vice President, Europe, Middle East, Africa. “Additionally, our HVDC Center of Excellence in The Hague is strategically positioned to lead our execution delivery in the European market.”

On the HVDC offshore platform, McDermott’s scope includes the engineering, procurement, fabrication, transport and installation and commissioning of the topside module and jacket. On the onshore converter station, McDermott’s scope includes the engineering, procurement, construction and commissioning.

GEIRI / C-EPRI’s scope includes the engineering, manufacture, supply, installation supervision and commissioning of the HVDC system for the onshore and offshore converter stations.

The engineering and project management will be executed from McDermott’s HVDC center of excellence in The Hague with support from its Chennai and Gurgaon offices. The fabrication of the topside is planned to be executed by the Qingdao McDermott Wuchuan (QMW) Fabrication Facility in Qingdao, China, and the jacket from McDermott’s Batam fabrication yard in Indonesia.

Source: McDermott

Wood | Petropipe

Wood secured two solar EPC contracts from an American power and energy company worth over $200 million

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Wood, the global engineering and consulting company, has secured two solar engineerings, procurement and construction (EPC) contract from an American power and energy company worth over $200 million.

Wood was selected following a competitive tender process and will be responsible for delivering two major solar projects in the U.S. state of Virginia with a combined output of 190 megawatts.

The first project is a 120-megawatt solar facility in Pittsylvania County, expected to be operational in 2022.

The second project covers a 70-megawatt solar facility in Chesapeake and is expected to be operational in late 2021.

Both solar facilities also further Virginia’s Clean Economy Act, passed on April 13, 2020, which mandates that the state’s electricity be 100% carbon-free by 2050.

Stephanie Cox, CEO of Wood’s Asset Solutions Americas business, said: “These contracts build on a 10-year relationship with our client, for whom we’ve executed more than 40 projects. The awards are testament to our ability to maintain consistent project execution, deliver to accelerated construction schedules and bring forth a strong EPC proposition and skilled workforce to meet our client’s project goals.

“We are seeing an unstoppable momentum towards a lower-carbon energy environment and Wood is proud to partner with clients that are committed to investing in a sustainable energy future.”

These awards follow a series of other recent contract wins including $100 million of onshore wind projects, that will see Wood’s U.S. renewables business double in size in 2020.

To date, Wood has delivered over 200 solar projects across the globe, including 35GW of solar PV projects. In addition to its extensive engineering, procurement and construction track record, Wood has provided advisory solutions for over 13 years and developed world-leading guidelines for the renewables sector, including the IFC solar guidebook.

Source: Wood Plc