Scotland’s SSE looking to join ranks of world’s largest wind power developers

first_imgScotland’s SSE looking to join ranks of world’s largest wind power developers FacebookTwitterLinkedInEmailPrint分享Bloomberg:Scottish utility SSE Plc is planning an expansion of its renewable power business to compete globally for the growing market for massive wind farms. “I’d like to see us become a global supermajor,” Jim Smith, managing director of SSE Renewables, said by phone. “Who wouldn’t if they were running our business?”While it’s become one of the biggest developers in the U.K., the largest market for offshore wind farms, SSE has been slow to branch out of its home territory. With construction set to begin on a number of developments, the company is eyeing growth in a space where seasoned competitors like Denmark’s Orsted A/S and Spain’s Iberdrola SA are already duking it out for market share.SSE plans to expand its wind business into two more markets within the next five years, Smith said. It’s looking at opportunities in northern Europe, the U.S. and Japan, he said. With a record-low bid last year to build a giant wind farm off the coast of England, the company has shown that it knows how to win competitive government auctions to build the green power plants at sea.For offshore wind, SSE would look to partner with a local developer in whatever market they move into to work on a project at an early stage. For wind farms onshore, the company is looking to acquire a developer with a pipeline of projects at various stages of progress and about 1 to 2 gigawatts of capacity, Smith said.For now, the company is focused on delivering on a huge pipeline of projects. Last year, SSE and Norwegian energy company Equinor ASA won a joint bid to build the world’s biggest wind farm at sea, the 3.6-gigawatt Dogger Bank. The company also recently made final investment decisions on two other massive wind projects: a 443-megawatt wind farm on the Shetland Islands in Scotland and the 1.1-gigawatt Seagreen installation off the Scottish coast.All told, SSE plans to invest 7.5 billion pounds ($9.4 billion) by 2025 in projects that will cut greenhouse gas emissions. The utility has said that its balance sheet and divestments can support this growth, and that capital and investment spending on less strategic or less advanced projects will be deprioritized or deferred.[Will Mathis]More: Scottish utility seeks to become a green `supermajor’last_img


first_imgDrumkeen Old School ReunionAre there any musicians out there who would like to take part in a traditional session during our reunion weekend in August, former pupils would be great but everyone is welcome, if so please give Valarie Deasley a call on 087 7656560. Community Car WashA huge thanks to everyone who supported our 4th annual community car wash. A grand total of €450 was raised for St. Vincent de Paul and the upkeep of the Marian Shrine. It was fantastic to see so many people from the parish give up their time to help out on the day. Well done to you all. Sliabh Glás Community Group HomeA ‘walk and talk’ will take place to Binnion Mass Rock, St.Johnston, Sun 30th June 3pm from Maggies Carrickmore. Free BBQ and music by Una afterwards. €10 Registration fee in aid of Sliabh Glás Community Group Home, Letterkenny all welcome.Tyrconnel Martyrs Flute BandPractice every Tuesday in the hall @ 7.00pm. All new members welcome. We’ll teach you to play the flute or drum and have some fun!!Charity SkydiveA charity skydive will take place on the August bank holiday weekend in aid of four charity’s. SNAP- Special Needs Accessible Park. MS Donegal. Little Angels School, Letterkenny & Temple Street Children’s Hospital. All donations greatly appreciated. Contact Pauric on 0877702622 for details.Charlie Daly & H-Block Martyrs Sinn Féin Cumann DrumkeenLotto Results 12th June 03, 07, 08, 21. No jackpot winner 3 win €33 Joseph Coyle Drumkeen, Hilary Mc Column Redcastle, Hugh Doherty Carrigart. Next weeks jackpot €1,200. Go raibh maith agat. Adult Cardio Céili ClassAdult Cardio Céili Class every Wed in Kee’s Hotel Stranorlar at 7pm. Contact Louise on 085 7229575 for details.Parish HallAnyone wishing to book the hall should contact Charlie Quinn on 91/34010 or 087 7728608 Drumkeen NotesAnyone wishing to have material included for next weekPlease Email: [email protected] or text 086 4083625 (Deadline Fri @ 8pm) Please note the new deadline.DD LOCAL – DRUMKEEN NOTES was last modified: June 23rd, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Drumkeen noteslast_img read more