Georgia Power secures $160m from US DOE for grid enhancement
The grant will finance projects supporting Georgia's shift to cleaner energy and grid modernisation.
22 October 2024
22 October 2024
The grant will finance projects supporting Georgia's shift to cleaner energy and grid modernisation.
Covering 488,000 acres offshore New York and New Jersey, the lease areas have potential to power two million homes.
By 2035, EMA plans to import 6GW of low-carbon electricity.
The facilities aim to offer flexible generation options, boosting the region's renewable energy potential.
The project's total cost is R3bn ($170m), with Scatec's EPC contracts accounting for 83% of the investment.
The facility will meet 40% of the electricity demand for Stockholm County.
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