Sep 17, 2018

Nordex Group, Energiekontor sign contract for 300MW worth of turbines

Olivia Minnock
1 min
German wind project developer Energiekontor has entered an agreement with German manufacturer Nordex Group for the supply of turbin...

German wind project developer Energiekontor has entered an agreement with German manufacturer Nordex Group for the supply of turbines making up 300MW in combined capacity.

The turbines supplied by Nordex are to be installed in projects in Germany, with the first to be commissioned in 2019. Energiekontor, which is based in Bremen, currently owns and operates 34 wind farms as well as one solar park.

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The agreement is mutually beneficial, providing Nordex with reliable, contractually agreed purchases over several years and affording Energiekontor a platform to participate in future auctions.

Jörg Hempel, head of Nordex Group Germany, said: “What convinced us was Energiekontor’s track record and the company’s reliable realisation of projects in recent years.”

Peter Szabo, Chief Executive of Energiekontor, added: “We are delighted to have Nordex, a renowned manufacturer of top-quality turbines, at our side along this journey. As part of our efficiency enhancement measures, the agreed package gives us a predictable basis for the profitable implementation of wind farms in the coming years.”


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Apr 23, 2021

Drax advances biomass strategy with Pinnacle acquisition

Dominic Ellis
2 min
Drax is advancing biomass following Pinnacle acquisition it reported in a trading update

Drax' recently completed acquisition of Pinnacle more than doubles its sustainable biomass production capacity and significantly reduces its cost of production, it reported in a trading update.

The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.

The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).

Drax CEO Will Gardiner said its Q1 performance had been "robust", supported by the sale of Drax Generation Enterprise, which holds four CCGT power stations, to VPI Generation.

This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.

In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.

The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.

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