Northvolt secures €902m to build EV battery plant in Germany over US
This financial backing, without which the company would have turned to the US instead, will contribute significantly to Europe’s green transition and reducing fuel dependencies.
10 January 2024
10 January 2024
This financial backing, without which the company would have turned to the US instead, will contribute significantly to Europe’s green transition and reducing fuel dependencies.
Despite strong sentiment against nuclear since the Fukushima disaster, severe power crunches in Japan coupled with rising energy prices have pushed the country towards restarting idle reactors.
The power plant sells the generated energy to Georgia Power under a long-term power purchase agreement (PPA).
Airtel Business will deploy its NB-IoT, 4G and 2G technologies to ensure Adani Energy Solutions' (AESL) smart meters function efficiently and securely.
First power from the project was delivered to the Danish grid in November 2023.
The project will be paired with SunZia Transmission, an 885km-long, 525kV high-voltage direct current (HVDC) line with a 3GW transmission capability.
The company has earmarked between €1.8bn ($1.97bn) and €3bn for the refurbishment and transformation of Norwegian hydroelectric plants.
The deal represents the largest module and engineering, procurement and construction (EPC) service agreements that Qcells has made.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Decarbonization is one of the most important threats facing the power sector globally. GlobalData's latest report reviews the net zero strategies of the leading 20 companies in the Power sector and identifies key areas for energy transition investments.
Give your business an edge with our leading industry insights.