OMNI Features｜Nordex lands 106 MW order in Spain / Biorefinery Östrand entered into an agreement with CINEA / Taiwan Ministry of Finance Unleashes State-Owned Lands to Boost Green Energy

Nordex lands 106 MW order in Spain
German wind turbine manufacturer Nordex has received an order for 106 megawatts (MW) from Capital Energy in Spain, the company has announced. The agreement covers 18 N163/5.X turbines for the Mareas I & II wind farm. They will be delivered in spring 2025 and are expected to be operational in June of the same year. The agreement also includes a 20-year service agreement. The Mareas I & II wind farm is located near Mequinenza in the province of Zaragoza.

Biorefinery Östrand entered into an agreement with CINEA
The agreement entitles the company to receive innovation support of approximately 167 million euros following a potential future investment decision. The agreement between Biorefinery Östrand and CINEA stipulates that a future production of sustainable aviation fuel and biofuels will result in a climate benefit of nearly 9 million tons of carbon dioxide equivalents over the first ten years. This can be compared to the preliminary estimate of 306,000 tons of carbon dioxide emissions from Swedish domestic aviation in 2022 by the Swedish Environmental Protection Agency.

Taiwan Ministry of Finance Unleashes State-Owned Lands to Boost Green Energy
In support of the energy transition, the Central Region Branch of Taiwan's National Property Administration has recently released over 710 hectares of state-owned land. This land is designated for installing onshore wind power, geothermal, photovoltaic, and other renewable energy facilities. By the end of 2023, the estimated installed capacity will reach nearly 1 GW (1 billion watts). Considering offshore wind power additions, the installed capacity is poised to approach 1.9 GW.

Initial Carbon Trading Last Year; TCX to Introduce Second Batch in March
Taiwan initiated its first carbon trading on December 22, marking a transaction volume of 88,000 tons. The first batch of products is anticipated to be available after the Lunar New Year, and the Taiwan Carbon Solution Exchange (TCX) is set to unveil the second batch in March this year. Responding to varied demands from domestic enterprises, the next batch will likely include carbon credit products related to natural carbon sink, expanding beyond the realms of renewable and bioenergy.

Reference:
International Trade Administration, Ministry of Economic Affairs (TITA)｜cna｜Energywatch｜SCA