EDPR Awarded with Grid Connection in Floating Solar Auction in Portugal
Miguel Stilwell de Andrade
Prysmian Group Extends ROV Contract with Modus
Bill Henn and Rip Stringer Join Intelligent Wellhead Systems
Intelligent Wellhead Systems Inc. (IWS), a leading supplier of digital technologies that improve oil and gas well completion operations, announced that Bill Henn and Rip Stringer have joined the IWS team to help the industry accelerate the adoption of digital completion technologies. Henn and Stringer report to William Standifird, IWS CEO.
EDP Renewables (Euronext: EDPR), the world's fourth largest renewable energy producer, was awarded 70 MVA of grid connection capacity at Alqueva in the floating solar auction in Portugal with a CfD (contract for differences) for a period of 15 years.
The grid connection capacity is expected to allow EDPR to install up to 154 MW of renewable capacity including 70 MW of floating solar PV under the above mentioned CfD, plus 14 MW of solar overcapacity and 70 MW of hybrid wind capacity, both excluded from the CfD. The project is estimated to be operational in 2025.
This project is a clear example of value creation through hybridization of renewable technologies and optimization of grid connection.
EDPR's success reinforces its low-risk profile and growth strategy based on the development of competitive projects with long-term visibility, fostering the acceleration of the energy transition and the decarbonization of the economy.
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www.sosmagazine.biz May 2022
Modus, a leading subsea services contractor and Prysmian Group, a leading cable solutions company are set to continue working together with the extension of their contract.
Modus are currently supplying Prysmian Group with an ROV and operators to support the laying of power cables across Europe and America.
Bryn Mulcahy, Project Manager at Modus said “Modus and Prysmian Group have a well-established relationship spanning over seven years and we are committed to continuing and enhancing this relationship by supporting Prysmian Group with subsea equipment for their projects.”
Standifird commented, “I’m delighted that Bill and Rip are helping operators and service companies evaluate how our inVision™ Technology Platform improves completions performance,” said Standifird. “Their years of oilfield experience will contribute to our efforts to make hydraulic fracturing, wireline, and pressure control operations in unconventional wells safer and more reliable.”
Bill Henn’s 34-year oilfield career includes management, technology innovation, and business development leadership positions in drilling, completions, and production technologies with startups and Halliburton. As the Strategic Technical Advisor at IWS, he will work with industry executives and senior managers to understand how they can streamline the adoption of digital completion technologies.
Rip Stringer is a 35-year global oilfield industry veteran with extensive onshore and offshore drilling and completion technology experience. He has held various technical and commercial positions with startups and with Schlumberger. As the Director of Industry Affairs at IWS, he is responsible for ensuring the IWS team creates effective connections between operators, service companies, and technical societies.
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