Exclusive: digitalisation can help utilities save billions, Huawei director says
Collaboration between digital tech companies and utilities can drive efficiency and reduce costs, according to Huawei's power digitalisation regional director.
03 January 2025
03 January 2025
Collaboration between digital tech companies and utilities can drive efficiency and reduce costs, according to Huawei's power digitalisation regional director.
The contract includes a ten-year, $840m contract to supply one million megawatt-hours of energy annually.
The project will power half a million New York homes by 2027.
The selected projects include solar, battery storage, heat pumps and electric vehicle charging points.
The wind farm's financing includes a $703.6m senior debt facility from a group of international banks and institutions.
Xcel Energy will seek state regulatory approval to align with the federal licence extension.
China National Nuclear Power oversees the investment and operational management of the project.
The National Nuclear Regulator will decide on extending Unit 2's operational licence during 2025.
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