Wind park of 102 MW opens to power Philips in Netherlands

20/05/2019 09:10 Wind


The 102-MW Windpark Krammer facility in the southwest of the Netherlands was officially opened this week in a ceremony attended by King Willem-Alexander.

Dutch health technology major Koninklijke Philips NV, which is buying a portion of the wind park’s output, said in a statement that 100% of its domestic operations are now powered by renewables. The company also meets all of its US power demand with renewables, while on a global basis around half of Philips’ facilities run on green energy. It seeks to become carbon neutral by 2020.


Philips formed the so-called Dutch Wind Consortium with Google and Nouryon to jointly purchase 95% of Windpark Krammer’s electricity under a 15-year contract. The consortium has a similar power purchase agreement (PPA) with the Windpark Bouwdokken, also located in the area. It came on-stream a year ago.


The operators of both plants are in part owned by cooperatives comprising several thousand local Dutch citizens.


Daily (09.08.2019): Oil prices rebounded by nearly 3% on Thursday, due to a firmer yuan and hopes for additional OPEC output cuts

09/08/2019 11:15:00

Oil prices strengthened on Thursday, rebounding from an earlier low, after Saudi Arabia showed readiness to discuss with other producers about the recent slump in crude prices. The prospect of additional output cuts from OPEC, coupled with a steadying yuan, supported prices. As a result, Brent crude rose by 2.1% to $57.38 a barrel. At the same time, WTI futures spiked by 2.8% to $52.54 a barrel, boosted by a fall in inventories at Cushing, Oklahoma, in the week to August 6.


Belarus and Russia authorize 3.7% increase in oil transportation tariff as from 1 September

09/08/2019 08:53:00

Belarus and Russia have come to an agreement on raising the tariff on transporting oil across the Belarusian territory by 3.7% as from 1 September, the press service of the Belarusian state petrochemical concern Belneftekhim told BelTa after negotiations on 6 August.


Iberdrola secures its first 149 MW of solar in Portugal

09/08/2019 08:50:00

Spanish power utility Iberdrola SA confirmed Thursday it had been awarded 149 MW of solar photovoltaic (PV) capacity in Portugal’s recently completed solar auction.