07 November 2023
07 November 2023
A total of 19 battery storage projects will be offered grid connections four years ahead of their existing arrangements.
Founded in 2015, Statera has more than 1GW of flexible generation and energy storage projects and a pipeline of 16GW.
Expected to be operational by the end of 2026, the two plants will generate 1.34GW of electricity.
The company’s operating revenues decreased to $2.79bn in Q3 2023 from $3.21bn in Q3 2022.
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.
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.
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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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