The power industry briefing
The latest news, trends, and data you need to know about this month
News in Numbers
Sequitur Renewables has agreed to acquire an 185MW wind farm portfolio in the US states of Pennsylvania and West Virginia
Iberdrola has secured a loan for two renewable power projects, which will create 2,100 jobs during the construction phases
ABO Wind has sold the project rights to the 17,500-acre Buffalo Plains Wind Farm in Alberta, Canada, to an undisclosed investor
MasTec has agreed to acquire Infrastructure and Energy Alternatives, bringing around employees to the company
Enel has agreed to divest its 99.09% stake in Enel Transmisión Chile, which covers over 600km of transmission lines, to Sociedad Transmisora Metropolitana
WattBridge Energy has commissioned the Braes Bayou power project in Texas. Located in Fort Bend County, the 288MW power plant has the capacity to generate enough electricity to power 200,000 homes in the region.
Spearmint Energy has announced the acquisition of Revolution, a 150MW battery energy storage project in Texas. The project was bought from Con Edison Development, a subsidiary of Con Edison Clean Energy Businesses, for an undisclosed sum.
Hecate Energy has received a siting permit for its Cider Solar Farm from the New York State Office of Renewable Energy Siting. Covering around 3,000 acres across the towns of Elba and Oakfield, the 500MW solar farm is claimed to be the largest solar energy project in New York State.
The US is set to explore the potentiality of offshore wind power development in the oil-rich Gulf of Mexico to further expand the growing renewable energy sector. As part of the initiative, the Department of the Interior is seeking public input on two potential wind energy areas in the Gulf’s Outer Continental Shelf.
South Africa power crisis causes state monopoly to open up
Weeks of increasingly frequent blackouts in South Africa have caused the country’s government and power industry to change how energy works in the country.
South Africa has experienced blackouts for years due to generation capacity additions lagging behind growth in demand. In the last few months, these have intensified to new, record levels. Politicians and business leaders have addressed the “electricity crisis,” and made moves to break the monopoly of state-owned utility Eskom.
Read more: Power Technology