22 March 2024
22 March 2024
The retail conglomerate has signed a major new deal with Iberdrola to procure 159MW from the UK-based East Anglia THREE offshore wind farm.
A large portion of the investment will go to grid upgrades across the US.
The new turbines are earmarked for deployment in RWE's core European markets.
Featuring Tesla Megapack lithium-ion (Li-ion) batteries, the Clay Tye project can power 300,000 homes for two hours.
Capital expenditure (capex) did not follow the upward trend, instead seeing an 11.4% decrease to €12.7bn ($13.74bn) for the year.
The solar and battery energy storage facility will supply power to 100,000 homes annually.
Mahindra & Mahindra and Adani Total Energies E-Mobility signed a memorandum of understanding (MOU) to develop electric vehicle (EV) charging infrastructure across India.
The projects aim to link the country's eastern and western regional power grids.
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