U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months. The slowdown in utility-scale battery installations threatens the pace of the U.S. transition away from fossil fuels as the Biden administration seeks to decarbonize the grid by 2035. The delays could pose […]
Total Eren refinances Portuguese wind, hydro portfolio – EQ Mag Pro
Firm has also been granted an additional €118m credit facility from Banco Santander Total Eren has successful refinanced existing debt and the granting of an additional €118m credit facility from Banco Santander Totta on part of its wind and hydro asset portfolio located in Portugal. The assets, which represent a total capacity of 461.4MW, are […]
400 GW wind, and solar power per year to meet 1.5 C Paris Agreement – EQ Mag Pro
The cheapest, fastest and most cost-effective way to achieve the EU goal of climate neutrality by 2050 with a max. 1.5 degree temperature increase will entail a massive roll-out of solar, wind and electrolysers over the next many years. What will it cost to reach the goal of the Paris Agreement and limit global warming […]
WIND Lands the Cable Storage for TenneT’s Dutch and German Offshore Grid Connection Systems – EQ Mag Pro
WIND, the Dutch subsea cable specialist, has signed a framework agreement with TenneT for the provision of cable transfers and cable storage for offshore spare export cables. The contract scope includes: Supply of cable storage equipment Execution of cable transfers Management and storage of spare export cables The first cable for Hollandse Kust Noord will […]
World first “super-hybrid” wind, hydro and hydrogen project planned for Queensland – EQ Mag Pro
A “world first” super-hybrid green hydrogen project valued at up to $5.5 billion and combining massive wind and pumped hydro facilities and hydrogen technologies has been unveiled for central Queensland. The Flavian super hybrid project is being proposed by Sunshine Hydro and Energy Estate and would potentially include 1.8GW of new wind generation and 600MW […]
Oman plans about 2.7 GW of photovoltaic, wind initiatives by 2027 – EQ Mag Pro
Oman Energy and Water Procurement Firm (OPWP) is planning to attach about 2.66 GW of latest photo voltaic and wind initiatives to the grid by 2027 so as to cowl growing energy consumption within the sultanate. Two photo voltaic initiatives every of as much as 500 MW shall be realised within the Advert-Dakhiliyah Governorate within […]
547 Energy Finalizes Initial Commitment To Aer Soléir, An Integrated European Onshore Wind, Solar, And Energy Storage Platform – EQ Mag Pro
Houston, TX : 547 Energy International LLC (“547 Energy”), the global clean energy investment platform of Quantum Energy Partners (“Quantum”), today announced that it has committed $250 million of equity funding to Aer Soléir, an onshore wind, solar and energy storage company headquartered in Dublin, Ireland. Aer Soléir’s strategy is to support Europe’s ambition to […]
‘Radical action’ needed to hit climate goals – Energy agency – EQ Mag Pro
Berlin : The world must take radical action to shift away from fossil fuels, including investing USD5.7 trillion annually in solar, wind and other forms of clean power this decade to ensure that global warming does not pass dangerous thresholds, the head of the International Renewable Energy Agency said on Tuesday. Other measures proposed in […]
Vattenfall opens Energypark Haringvliet – a combination of wind, solar, and batteries – EQ Mag Pro
Energypark Haringvliet in Netherlands is inaugurated today. It is Vattenfall’s first power plant that combines wind, solar and batteries. By combining these technologies, it will be able to produce energy at a lower cost, make a more efficient use of available grid capacity, with less impact on the environment. Therefore, Haringvliet will serve as a […]
Amp Energy India Hires Kapil Kasotia as COO-Wind, Hybrid & Storage To Expand its Business Offerings – EQ Mag Pro
Amp Energy India, a leading renewable energy company has hired Mr. Kapil Kasotia as Chief Operating Officer (COO- Wind, Hybrid & Storage) in line with its growth in providing renewable energy solutions through wind, hybrid and storage. While Mr. C Chaudhary continues in his current role as Chief Operating Officer (COO-Solar) for the Solar business […]
