Scottish Renewables’ Post

Good to know developers, industry reps and consent granting bodies are on the same page about what the barriers to consent are and what would would help to overcome them. However, we don’t seem to agree (yet!) on how that would happen and who needs to make it happen. One of the key themes so far is giving confidence to and encouraging key stakeholders to take a leap of faith to capitalise on the momentum #floatingoffshore has right now - can developers afford to wait?

The renewable energy industry continues to go from strength to strength, but we can’t rest on our laurels. It is a long road ahead for companies who must conquer challenges such as finding and upskilling employees, securing funding for ambitious facility investments, increasing capabilities and navigating rising costs. To build on the successes highlighted in this year’s report, supporting suppliers of all shapes and sizes to scale up their businesses must be a key priority for both the Scottish and UK Governments. Today, however, we recognise the strength, diversity and entrepreneurial spirit of the ambitious Scottish businesses who are getting it done, delivering the projects that are supplying #greenenergy to our homes. 📖 Read the Scottish Renewables' Supply Chain Impact Statement 2023/24 on our website: https://lnkd.in/eP8bF66W 🔗 Read our news release here: https://lnkd.in/exM3eCqh Thanks to our publication sponsors and supporters: BlueFloat Energy | Renantis Partnership, EDF Renewables UK & Ireland, Inch Cape Offshore Limited, Offshore Renewable Energy Catapult, OW Ocean Winds and SSEN Transmission . #supplychain #energytransition #renewables #energysecurity

So much we can learn from our Scottish colleagues on how we can take a more holistic and just economic development approach to developing our renewable energy industry….

We are proud to release the 5th annual Supply Chain Impact Statement, showcasing 40 dynamic Scotland-based companies at the forefront of the renewable energy sector. Discover how these pioneers are not only driving our energy future but also bolstering the Scottish economy. Covering anything from remote ROV support to building a circular economy for Scotland through upcycling turbine parts, these Scottish powerhouses are driving progress forward and paving the way for a greener future. Emma Harrick, Head of Energy Transition and Supply Chain, said: “This year’s Supply Chain Impact Statement has given us a clear insight into the major role these businesses and organisations are playing in our industry with 90% of those confirming they have recruited exclusively for renewable energy roles in the last 12 months.  “The businesses and organisations celebrated in the document represent only a small portion of the complex supplier network we need to deploy net-zero technologies and there will be more and more opportunities for our supply chain to grow further as we continue to build clean power projects across Scotland." 📖 Read the Supply Chain Impact Statement 2023/24 on our website: https://lnkd.in/eP8bF66W 🔗 Read our news release here: https://lnkd.in/exM3eCqh  Thanks to our publication sponsors and supporters: BlueFloat Energy | Renantis Partnership, EDF Renewables UK & Ireland, Inch Cape Offshore Limited, Offshore Renewable Energy Catapult, OW Ocean Winds and SSEN Transmission . #supplychain #energytransition #renewables #energysecurity 

“Delivering the #3xRenewables goal requires a sustained focus on #investment in #energyinfrastructures to integrate massive #renewableenergy and achieve transport, heating, and industry #electrification. : #3XRenewables Global Renewables Alliance Iberdrola

📢 Iberdrola is driving action to achieve the global #3xRenewabels target With more than 180 years of history, Iberdrola is a global leader in clean energy, grids and storage, a company that is today more solid, sustainable and diversified than ever. Iberdrola is committed to spearheading the energy transition, a challenge that it undertook 20 years ago and that has made it a world leader in renewables. Committed to electrifying the economy, promoting green energy, and technological innovation to guarantee a greener future for future generations, Iberdrola now joins GRA’s #Time4Action campaign. “Delivering the 3xRenewables goal requires a sustained focus on investment in energy infrastructures to integrate massive renewable energy and achieve transport, heating, and industry electrification. This highlights the need for an enabling policy framework to unlock adequate levels of investments based on anticipatory planning criteria, ensuring efficient and stable remuneration for capital involved,” said Gonzalo Saenz de Miera, Director of Climate Change and Alliances at Iberdrola. Learn more about #3xRenewables and GRA’s #Time4Action campaign:  https://lnkd.in/dbvUU6BC GRA members Global Wind Energy Council (GWEC) Ben Backwell | Global Solar Council (GSC) Sonia Dunlop | International Hydropower Association (IHA) Eddie Rich | Long Duration Energy Storage Council (LDES Council) Julia Souder | Green Hydrogen Organisation - GH2 Jonas Moberg | International Geothermal Association Marit Brommer | Bruce Douglas

Last Friday, Keng Lin Lee 李庆仁, CEO of Cyan Renewables, was invited by the French Chamber of Commerce in Singapore (FCCS) to join an esteemed panel discussing the future of the sustainable maritime supply chain for offshore wind energy. This session couldn’t be more timely, as the global offshore wind market surges, bringing new opportunities and challenges. Along with industry experts like Ashish Anil, Assistant Director and Sustainability Leader of Bureau Veritas Group and Antoine Gatinaud, Regional Sales Manager APAC of Spinergie, the panel, moderated by Fabien Lecuona from Azura Consulting, explored the future of offshore wind, particularly the role that Singaporean companies can play in supporting the offshore wind sector’s growth and sustainability goals. Cyan Renewables is eager to welcome our local maritime counterparts to join us in driving decarbonisation and sustainability as we support the global transition towards renewables like offshore wind. Let’s work together to unlock the immense potential of a greener maritime industry! #CyanEvents #CyanViews #OffshoreWind #OffshoreWindIndustry #OffshoreWindSector #OffshoreWindTrends #MaritimeLeadership #MaritimeExcellence #MaritimeIndustry #GlobalMaritime #Shipping #EnergyTransition #Sustainability #NetZero #RenewableEnergy #GreenEnergy #GreenFuture #WindEnergy #GlobalEnergy #SustainableFuture #MaritimeSupplyChain

Sulmara Nets $19M Investment for Low-Carbon Offshore Wind Services I'm excited to share that Scottish subsea specialist Sulmara has secured an $18.9 million investment from BGF, one of the largest growth capital investors in U.K. and Ireland. This significant investment will support the expansion of Sulmara's survey and inspection services in the offshore wind and energy sectors. As the world shifts towards renewable energy sources, Sulmara's expertise in low-carbon offshore wind services will play a vital role in the transition. The company's cutting-edge technology and experienced team will enable them to provide high-quality services to the offshore wind industry. This investment is a testament to Sulmara's commitment to innovation and sustainability. As the demand for low-carbon energy solutions continues to grow, Sulmara is well-positioned to capitalize on this trend. Read more about Sulmara's investment and their plans for expansion: https://lnkd.in/dVcK6giA #OffshoreWind #RenewableEnergy #Sustainability #LowCarbon #MarineTechnology #SubseaServices #EnergyTransition #InvestmentNews #MaritimeIndustry #ScottishBusiness 30-11-2024 🌊💡

Safety in Renewables Masterclass: 2024 16 October 2024 – London Delighted to be announcing our new Safety in Renewables Masterclass run in partnership with ARMSA Academy and Womble Bond Dickinson (UK) LLP. Our theme is: “Leveraging Project Safety Risk & Governance to deliver Value, Performance & Competitive Advantage”. We will be discussing some key open questions: ·      Deriving competitive advantage from your ESG initiatives? ·      Leveraging regulation to drive performance? ·      Dispelling the Profit v Safety Myth in Renewable Projects? ·      Closing the mindset and practice gap in renewable projects? The start of 2024 has presented many challenges for the renewables/wind sector – but amazing opportunities still lie ahead. So we hope the collective experience of our panel speakers – but above all your engagement will make this a highly invaluable learning experience. If you or your company has a critical role in influencing and controlling current and future H&S risks in the renewable energy supply chain – then this could be a great event for you. While this is a Free event – this is an in person event and places are limited as we want to be facilitating highly interactive discussions. So register your interest now at https://lnkd.in/eQzAjeVt Feel free to DM me or touch base with the other event leads at ARMSA (Rakesh Maharaj) WMB (Joanna Mitchell) to get involved or to support the event. #offshorewind #renewablesmasterclass #renewablesafety

TagEnergy, is advancing the second stage of the monumental $4 billion Golden Plains Wind Farm in Victoria, making it the largest wind farm in the country. Despite facing rising costs and a lack of pre-signed customers, TagEnergy has secured a financing deal for the $1.8 billion second stage of this 1.33-gigawatt project near Geelong. The expansion will add 577MW of capacity, following the successful 756MW first stage, which involves investors like IKEA’s Ingka arm. Once operational, Golden Plains will supply about 9% of Victoria’s electricity, replacing supply from the soon-to-be-closed Yallourn and Loy Yang A coal power generators. TagEnergy's unique business model allows it to proceed without pre-selling output, a high-risk strategy that is reflected in its funding structure, with over $800 million in project financing and nearly $1 billion in equity. Andrew Riggs, TagEnergy’s local managing partner, expresses confidence in future energy price rises to support new projects. Despite challenges noted by major energy companies like Origin Energy, AGL, and EnergyAustralia, TagEnergy is optimistic about the market’s potential. The project is backed by sophisticated investors, including Exor N.V., Mirova, Omnes, and IMPALA SAS, which holds stakes in clean energy giant Neoen. Rystad Energy analyst David Dixon acknowledges the risk TagEnergy is taking but also highlights the potential for the company to secure major retailers and navigate market fluctuations. The Clean Energy Finance Corporation (CEFC) is providing $127.5 million in debt funding, with additional support from banks like Commonwealth Bank, Westpac, and international lenders. CEFC chief executive Ian Learmonth emphasises the project's role in Australia’s net-zero carbon emissions goal, highlighting its significance in the country's energy transition. The successful advancement of the Golden Plains Wind Farm not only illustrates the viability of large-scale renewable projects in Australia but also sets a powerful example of how determination and strategic investment can align to foster a sustainable energy future. We are particularly encouraged by TagEnergy’s commitment to proceed despite market uncertainties, demonstrating a forward-thinking approach that prioritises long-term environmental and economic benefits. #renewablenergy #windpower #sustainability #energytransition #australia #goldenplains #tagenergy #evoegy