Deal of the week: Iberdrola Purchases 20% of Latem Aluminium
The deal sees the Spanish energy producer increase its renewable portfolio.
07 July 2023
07 July 2023
The deal sees the Spanish energy producer increase its renewable portfolio.
Construction at the factory had stalled as the two companies vied for subsidies more competitive with the US Inflation Reduction Act.
Industry leaders have welcomed the announcement.
The French wind farm has been connected to the grid by Réseau de Transport d'Électricité, the country’s transmission system operator.
The offshore wind farm will generate enough clean energy to power 500,000 homes.
Negative power prices are becoming increasingly common in Europe with many calling for greater storage capacity.
The expansion, driven by soaring demand for clean energy, will add 4.8GW of output.
Goldbeck Solar is building the Canadian projects, both located in Alberta, in a joint venture with Pathfinder Clean Energy.
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