Siemens Energy investors urge wind focus
Three major Siemens Energy shareholders want the company to prioritise repairing its loss-making wind turbine unit before any spin-off, Reuters has reported.
B.Grimm Power Targets 10 GW Capacity and 50% Renewables by 2030
B.Grimm Power has outlined an ambitious growth strategy aimed at positioning the company as a global leader in energy and digital infrastructure, with a target of reaching 10 gigawatts (GW) of installed capacity by 2030 and increasing its renewable energy share to more than 50%.
New York cancels fifth offshore wind solicitation
The US state of New York has cancelled its fifth round of offshore wind procurement.
Blair think tank urges UK to drop Clean Power 2030
Sir Tony Blair’s think tank has urged ministers to scrap Ed Miliband’s Clean Power 2030 mission, warning it risks pushing up bills and damaging UK competitiveness.
Major capital raise seeks $450 million to “lead New Zealand’s renewable energy future”
New Zealand energy generator and retailer Contact Energy announced on Monday plans to raise $NZ525 million (just shy of $A450 million) to accelerate its renewable energy development plans.
“Copy and paste:” Fortescue says installing big batteries are the easy part of its plans to reach real zero
Fortescue plans to “copy and paste” its new 50 megawatt (MW), five hour North Star Junction battery across the other six storage projects it currently has under development.
New five-hour battery reaches financial close, next to existing gas generator in renewable hotspot
EnergyAustralia, one of the country’s big three private energy utilities, has reached financial close on its second big battery project, which will piggy-pack on the connection of an existing gas generator at the site.
Ocean Winds officially granted second Aussie feasibility licence
Ocean Winds, the 50/50 joint venture between EDP Renovaveis SA (ELI:EDPR) and Engie SA (EPA:ENGI), said today it has officially been granted a feasibility licence for the development of up-to-1.2-GW Westward Wind offshore wind project in Australia.
Korean investor acquires £49m stake in offshore wind farm
Korea Midland Power has allocated £49 million to acquire an interest in the 390MW Sinan Ui offshore wind initiative, bringing the project into its expanding portfolio.
US companies sign deal that could bring giant sodium batteries to Australia for data centres
A company that originally made a name for itself with gravity-based energy storage tech – and has since focused on conventional lithium-ion batteries – has written a deal for a sodium ion battery targeted at data centres that also includes Australia.
