17 January 2025
17 January 2025
The settlement clears the path for the companies to collaborate on the deployment of new nuclear reactors worldwide.
This marks the first time since 2018 that annual grid investments have outpaced generation projects.
In 2019, electricity access in sub-Saharan Africa varied from 1% in South Sudan to 94% in South Africa.
The move is part of the reinvestment programme created by the Inflation Reduction Act.
The subsea power line will stretch 430km along the seabed, linking Italy to Montenegro and the Balkan region.
The agreements involve the development of energy systems with a total capacity of up to 1GW by 2030.
The projects will strengthen the reliability of Oklahoma’s electric grid with renewable capacity that enhances stability and diversifies the energy mix.
The project is a collaborative effort between Aker Solutions and Siemens Energy, with the former handling the EPC of the HVDC offshore platform.
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