Weekly renewables M&A round-up (Dec 2-6)
Dec 06, 2019 15:48 CESTDecember 13 (Renewables Now) - Edinburgh-based Sustainable Marine Energy Ltd (SME) has completed the installation of its 280-kW PLAT-I floating tidal energy platform at Connel, near Oban in western Scotland.
The particular platform hosts four 70-kW turbines manufactured by Schottel Hydro GmbH, and is designed for inshore tidal sites. The system itself was fabricated in Scotland by JBS Group in the period July-October. It was installed in less than five hours using Green Marine’s multicat vessel Green Isle.
At Connel the platform will go through certain tests after which it will be disassembled and transported to South East Asia. There it will be delivered to Singapore-based clean technology investor Envirotek Pte Ltd so it could redeploy the system as part of a grid-connected commercial demonstrator project in the Philippines.
SME, Schottel Hydro and Envirotek have identified a number of high impact project opportunities in the region, a press statement says.
Weekly renewables M&A round-up (Dec 2-6)
Dec 06, 2019 15:48 CESTCanadian Solar sells 3.3-MWp UK solar plant to Elm Trading
Dec 06, 2019 13:57 CESTOctopus Renewables pockets GBP 350m in London IPO
Dec 06, 2019 9:55 CESTContourGlobal's 9-mo earnings benefit from CSP portfolio stake sale
Dec 05, 2019 13:33 CESTBP to raise stake in solar developer Lightsource BP to 50%
Dec 05, 2019 11:06 CESTFRV to develop 15-MWh energy storage project in UK
Dec 04, 2019 16:40 CEST