Weather Guard Lightning Tech
Pacifico in Vietnam, Offshore Leading Edge Spray
This week Allen highlights Pacifico Energy’s efforts in developing offshore wind power in Vietnam, including meetings with government officials to support the country’s clean energy goals. In Ireland, researchers introduce a potentially revolutionary cold spray technology for maintaining wind turbine blades. Lastly, Iberdrola seeks a partner for a 1 GW energy portfolio.
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Starting off the week, US-based Pacifico Energy is ramping up efforts to develop offshore wind power projects in Vietnam. The company’s CEO met with Vietnam’s party general secretary in Hanoi recently, and the party leader highlighted Vietnam’s goal to become a high income nation by 2045 with net zero emissions by 2050, emphasizing the need for stable clean energy sources.
Pacifico affirmed Vietnam’s immense potential for offshore wind power and pledge continued investment to support the country’s growth objectives. Now, Vietnam’s renewable energy sector is attracting strong international interest with the government recently reactivating nuclear energy plans in its south central province.
Over in Ireland, Irish researchers at Southeast Technical University in partnership with Technology University Dublin, have developed what may be a revolutionary maintenance solution for offshore wind turbine blades. The Clear Blade Project focuses on cold spray, leading edge erosion repair technology.
Environmental factors often cause rapid wear on turbine blades, as we all know, with defects appearing within one to three years of installation, requiring expensive repairs. The project proposes a novel, portable polymer cold spray technology for quote unquote infield repair, potentially extending blade lifespans and reducing maintenance costs.
Wind energy contribute 32% of Ireland’s electricity generation in 2024 with the government planning to develop 14 gigawatts of wind capacity by 2030.
And over in Spain, Iberdrola the Spanish Energy Giant is seeking a partner willing to buy a minority stake in a roughly one gigawatt renewables portfolio according to news source. Reuters sources familiar with the matter described the project as Romeo 2.0 referencing a previous deal where Norway’s Sovereign Wealth Fund took a 49% stake in a 1.3 gigawatt portfolio, valued at approximately 1.2 billion Euros.
The deal aligns with Iberdrola’s strategy of selling minority stakes in advanced projects to fund new investments. Iberdrola’s Finance chief recently stated they were working on two or three such assets rotation projects to complete this year. And that’s this week’s top.
News stories. Stay tuned for the Uptime Wind Energy Podcast tomorrow.
https://weatherguardwind.com/pacifico-offshore-leading-edge/
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
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ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
Renewable Energy
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Renewable Energy
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