15 November 2023
15 November 2023
Nordex’s gross revenue for the first nine months of 2023 was €4.42bn, up 13.6% from €3.9bn in the same period of 2022.
The 679MW solar plus project features solar panels from First Solar and a battery storage system from Tesla.
The debt financing will help Ilmatar accelerate its renewable energy portfolio expansion.
The solar portfolio is part of Uniper’s strategy to invest €8bn in carbon-free energy generation by 2030.
The Castle Gap wind farm can generate enough energy to power more than 50,000 Texan homes annually.
Operating since 2015, the 288MW Butendiek project generates enough clean energy to power 370,000 German homes.
Electricity generated from the three power plants is supplied to the cities of Dallas and Houston.
The utility earned revenues of €7.9bn in Q3 2023, a 35.4% decrease from €12.3bn in the previous year.
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Per GlobalData, the market for battery energy storage is estimated to grow to $14.89 billion in 2027, driven by several factors including, the fall in battery technology prices and the increasing need for grid stability and resilience of the integration of renewable power in the power market. Lithium-ion has eclipsed lead-acid as the primary technology for battery storage deployment, due to its cost and performance advantages, deep discharge cycle life, energy and power density. China is the largest battery energy storage market with a cumulative installed capacity of 6.38GW in 2022.
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