UK, Germany agree to cooperate on renewable energy
The partnership aims to remove regulatory barriers on renewables, especially offshore wind and electricity interconnection.
06 November 2023
06 November 2023
The partnership aims to remove regulatory barriers on renewables, especially offshore wind and electricity interconnection.
With a combined capacity of 609MW, Hohe See and Albatros generate enough electricity to power more than 700,000 homes.
The company’s GAAP earnings for the July–September 2023 quarter fell to $0.17 per share from $0.91 in the previous year.
The project is part of an exclusivity agreement between Pacific Green and Tupa Energy to develop 1.1GW of battery energy storage system (BESS) projects in the UK.
A Public Accounts Committee (PAC) review has warned that bill payers may face even higher costs as the government cannot afford the bailout on its own.
The floating wind farms Green Volt and Cenos will power oil and gas platforms off the Scottish coast.
The project will support gigawatt-scale offshore wind and green hydrogen production in Finland.
Reported earnings per share for the July-September 2023 quarter were $1.59 versus $1.81 a year previously.
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The Chinese government holds nuclear power to be a key instrument in achieving clean energy. During their 13th Five-Year Plan period from 2016 to 2020, China built 20 new nuclear power plants with a total capacity of 23.4 GW. In the current 14th Five Year Plan period the government has set targets to achieve 70GW of nuclear power capacity by 2025. The government has no plans to phase out or phase down nuclear power plants and there are over 17 nuclear power projects under construction.
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