Fluence and TransnetBW to build energy storage system in Germany
The Netzbooster project will be located at Kupferzell, a major grid hub in Germany.
Umesh Ellichipuram
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Algonquin to sell stake in four wind assets to InfraRed Capital
The wind farms included in the deal are located in the US and Canada.
Aker secures contract for Norfolk Boreas offshore wind farm
The company and Siemens Energy will provide grid connection infrastructure for the offshore wind facility.
Ørsted instructed to restart oil and coal-fired power plants
The move aims to ensure the security of Denmark's electricity supply amid its ongoing energy crisis.
RWE to acquire Con Edison Clean Energy Businesses for $6.8bn
The deal is expected to double RWE’s renewable portfolio in the US to more than 7GW.
ABB to divest its entire stake in Hitachi Energy to Hitachi
Hitachi exercised its $1.68bn call option to buy ABB’s 19.9% stake in the joint venture.
Brookfield Renewable to acquire Scout and Standard Solar for $1.5bn
Both Scout and Standard Solar will continue to operate as independent business entities following the acquisition.
Intersect Power secures financing for 2.2GW renewable portfolio
The projects are part of the company’s late-stage portfolio, which has 2.2GW of capacity with 1.4GWh of storage.
Vattenfall to develop 980MW wind farm offshore from Germany
Located 85km from the island of Borkum, the wind farm could be linked to the German grid in 2027.