24 January 2024
24 January 2024
The battery energy storage system (BESS) installations will operate as hybrid systems, paired with solar energy sources.
The preferred equity investment will account for a 20% stake in Recurrent Energy’s capital.
The project has already faced delays, soaring costs and environmental challenges.
The portfolio will power 85,000 homes while preventing 130,000 tonnes (t) of CO₂ emissions annually.
The two offshore wind projects, with capacity totalling 405MW, are expected to come online by 2030.
The brownfield site sits in the former Cockenzie coal-fired power station on Scotland’s East Lothian coast.
The Tâmega hydroelectric complex includes the 160MW Alto Tâmega hydroelectric power plant, the 880MW Gouvães pumped storage power plant and the 118MW Daivões power plant.
Across the fossil fuel, power production and mining sectors, there are a growing number of assets at risk of being stranded as a direct result of the global water crisis, according to research from CDP.
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.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
