Germany's Notus to add 270 MW wind capacity in Ukraine

16/09/2019 09:24 Wind


Germany-based Notus Energy Group intends to build 270 MW of wind parks in Ukraine that will kick off operations by 2021, it said last week.

The plan envisages the installation of three separate wind power plants on private land in the municipalities of Roksolany, Ovid and Libental, respectively, in proximity to Odessa. The German firm acquired the rights for the particular projects in April when all of them were in an advanced development stage.


Notus Group is responsible for the financing, technical planning and the construction of the wind parks and will also take care of their operation, once completed. A total of 54 turbines, each with a capacity of 5 MW, will be used for the plants.


Notus Energy has installed 1,340 MW of wind turbine capacity, of which it currently owns 170 MW. Its pipeline of projects, meanwhile, stands at 2,310 MW, including the three Ukrainian schemes.


Daily (29.07.2020): British gas prices gained ground on Tuesday amid lower Norwegian flows and higher carbon prices

29/07/2020 10:24:00

Crude oil futures ended lower on Tuesday as market players continue to fret over the impact of COVID-19 on energy demand ahead of weekly petroleum supply data expected to show a further rise in U.S. crude inventories. Hence, Brent crude slipped by 19 cents, or 0.4%, to settle at $43.22 a barrel, while U.S. WTI crude futures declined by 56 cents, or 1.4%, to settle at $41.04 a barrel.


UK can have "negative-subsidy" offshore wind online in couple of years

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The UK’s contracts for difference (CfD) auctions in September 2019 will likely bring the world’s first "negative-subsidy" offshore wind farms, according to a study led by Imperial College London (ICL) researchers.


Sweden's Lundin Energy Q2 operating profit lags despite record output

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Swedish oil firm Lundin Energy , a partner in Norway’s giant Johan Sverdrup oilfield, reported on Wednesday a worse-than-expected operating profit, despite producing record output in the quarter.