Linxon and Available Power have signed an exclusive agreement for the 100 MW/200 MWh Greenport Battery Energy Storage System (BESS) project in Austin, Texas. This agreement strengthens their strategic partnership to accelerate the energy transition in the Texas ERCOT market.
Air Products, the world’s leading industrial gases company, is investing in the construction of two new carbon monoxide (CO) production plants in Texas, with a combined capacity of more than 70 million standard cubic feet per day. These facilities will strengthen the world’s largest CO pipeline system.
LS Power continues its expansion into the energy sector by announcing the acquisition of 2,145 MW of natural gas generating capacity in northern ERCOT, Texas. This acquisition strengthens LS Power’s energy transition portfolio, which also includes renewable energy, energy storage and transportation infrastructure.
Wärtsilä, the Finnish technology group, will supply a large-scale energy storage system to EDF Renewables UK to support the UK’s transition to a decarbonized electricity system. This project will strengthen the resilience of the power grid and contribute to the country’s carbon neutrality goals.
Akuo and Atlantica Sustainable Infrastructure recently announced the start of construction of a portfolio of nine photovoltaic power plants in Chile, with a total capacity of 80 MWp. This project is part of the country’s ambitious goal to convert 70% of its total energy consumption to renewable energy by 2030.
Sonnedix announces the signing of a major agreement with Equinix to purchase solar power generated in Spain over a 10-year period. This transaction represents Sonnedix’s largest in Europe to date and marks the beginning of a long-term collaboration with a global leader in digital infrastructure.
EE North America, a renewable energy development company, is pursuing its ambitious goal of developing 10GW of green energy in the United States by 2026. With this in mind, it has just acquired a majority stake in two solar projects in Colorado, in partnership with Horus Partners.
Germany plans to freeze electricity prices for the most energy-intensive industries until 2030. The scheme is intended to lock in almost 80% of the electricity of the most energy-intensive companies operating internationally at 6 cents per kWh.
Galp Energia reports a strong increase in net profit in 1Q2023 due to higher refining margins, but its Ebitda declined slightly due to the less favorable oil price environment.
A fourth electric battery factory is planned in Dunkirk, France. The solid state batteries from this plant will provide longer range, increased safety, fewer fires and faster charge times than current lithium-ion batteries.
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