US BOEM gives go-ahead to Dominion’s 2.6GW offshore wind farm
The project is expected to generate enough power for up to 660,000 homes in Virginia.
01 November 2023
01 November 2023
The project is expected to generate enough power for up to 660,000 homes in Virginia.
To be located 45km offshore Sweden in the Baltic Sea, the Dyning wind farm will generate ten terawatt-hours (TWh) of clean energy annually.
CEZ subsidiary Elektrárna Dukovany II will now assess the bids and look to award final contracts before November 2024.
The company will evaluate options to fast-track the ES&O business’s profitable growth as part of the ongoing review.
The project will generate enough clean energy to meet the needs of 1.5 million New York homes.
Engie is acquiring the portfolio for 3.24bn reais ($641.8m), which includes 971m reais of Atlas' net debt.
Multi-buyer PPAs are a key tool that enable smaller companies in a range of sectors to get involved in renewable energy power purchasing.
The company’s total income for the July–September 2023 quarter stood at Rs25.8bn ($310m), a 53.7% increase from the same period the previous year.
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India derives most of its electricity from thermal power. Within thermal sources, India is majorly dependent on coal-based plants for power generation. The government has no immediate plans to phase-out coal power plants as coal is one of the cheapest sources of power generation in the country. The country also imports significant amounts of coal from Indonesia, Australia, and South Africa where the carbon quantity of coal is high. Coal is expected to remain the most dominant source of power generation in India until 2035.
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