By Jarret Adams
Today’s announcement of a memorandum of understanding for 80 offshore wind turbines for AREVA’s subsidiary Multibrid signals a major step forward for our renewable business. Apart from the fact that this will be a contract worth over $900 million for AREVA, it reinforces our position as a major player in the renewables sector.
These wind turbines will be located off the North Sea coast of Germany, but AREVA is looking for opportunities for new business at various locations in North America. Our company remains one of a handful capable of producing the 5 MW offshore wind turbines.
AREVA also is involved in other renewable sectors, such as biopower (biomass to electricity). We have constructed 100 biomass facilities around the world and are now looking to build more in the United States.
Last September, AREVA and Duke Energy formed ADAGE, a joint venture focused on providing biopower solutions to U.S. electricity customers. Since its formation, ADAGE has moved forward with the goal of building 10-12 facilities over the next six years. In February, ADAGE announced a preliminary agreement with Energy Northwest to market 50 MW biopower facilities in Pacific Northwest.
Developing solutions for power generations with a small environmental impact from renewables, such as wind and biomass, along with clean nuclear energy is a main focus of our business.
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