Netherlands’ new goal will also require 50GW of capacity by 2040 The Dutch cabinet has today set a 70GW offshore wind target for 2050 in its aims to ramp up sustainability and increase hydrogen production in the country. These plans are based on the assumption of generating about 50GW of wind power in 2040 with […]
SSE and Brookfield to bid for Dutch offshore wind farm zone
The tenders are for the development of two individual sites, each with 700MW of capacity. SSE Renewables has partnered with Canadian investment firm Brookfield Asset Management to jointly bid for the Hollandse Kust (west) offshore wind farm zone, which is currently being developed in the Netherlands. Located around 53km from the Dutch coast, the Hollandse […]
Fortescue buys 60% stake in Dutch based renewable energy firm
Fortescue Future Industries (FFI) is part of Fortescue Metals’ plan to become the world’s first major supplier of green iron ore, and aims to supply 15 million tonnes of green hydrogen globally by 2030. Fortescue Metals Group Ltd’s green energy unit said on Thursday it bought a 60% stake in Dutch-based renewable firm High yield […]
Dutch earmark $400 mln for green hydrogen development
The money, part of a 20 billion euro fund the government announced last year to strengthen the Dutch economy, will finance projects aimed at stimulating the production of green hydrogen, and finding ways to use the fuel in industry. Green hydrogen is extracted from water via electrolysis powered by renewable energy, theoretically releasing no carbon […]
French utility Engie to sell some German and Dutch coal power assets
Engie said it was selling those assets to investment firm Riverstone Holdings LLC and that the deal would cut Engie’s net consolidated debt by around $223 million PARIS: French utility Engie has agreed to sell some coal-fired power plants in the Netherlands and Germany, as Engie continues its strategy of disposing of non-core assets to […]