23 August 2024
23 August 2024
The directive aims to enhance California’s grid storage by up to 2GW and increase energy production by up to 8.6GW.
Ofgem is increasing the price cap due to rising energy prices caused by severe weather events and the ongoing conflict in Ukraine.
The development is integrated with a BESS facility to enhance grid stability by storing and dispatching solar energy.
The Heirloom Solar Project will provide 60MW.
The company already owns an existing portfolio of 1,200MW of thermal power generation capacity.
The construction comes after Avantus sold the Norton project to Toyota Tsusho America in November 2023.
The agreement includes a comprehensive 15-year operation and maintenance package.
The project is set to supply renewable energy to three million European households, when complete.
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