The power industry briefing
The latest news, trends and data you need to know about this month
News in Numbers
EirGrid and Réseau de Transport d’Electricité have signed agreements for a 700MW high-voltage submarine cable.
The European Commission has approved funding for 168 green projects, aiming to support a circular economy across Europe.
The Saint-Nazaire wind farm has the capacity to meet 20% of Loire-Atlantique’s annual electricity consumption.
Voltalia and the Uzbekistan Government will co-develop renewable energy projects, which will be enough to meet the power needs of more than 800,000 residents.
The AI for Decarbonisation Programme has received $1.7m in funding from the UK Government.
Renewable Energy Systems Germany (RES) has secured a permit for a ground-mounted photovoltaic (PV) park from the municipal council of Öhningen. The company’s application to build the solar PV facility on Lake Constance in the district of Schienen was unanimously approved.
RES received approval for a site on the border with Switzerland, which was one of four open spaces it had applied for.
Acciona Energía, a subsidiary of Spanish infrastructure company Acciona, has announced plans to build a wind farm in Queensland, Australia, with a $1.3bn (A$2bn) investment.
The project will increase the precinct’s renewable energy capacity to 2GW, which is enough to power 1.4 million Queensland homes.
Chinese solar panel manufacturer JinkoSolar Holding has secured a cell module contract via its principal operating subsidiary, Jinko Solar.
The contract is from Rio Alto for the supply of nearly 522MW of cell modules for the Santa Luzia Complex project in Brazil. Under the contract, Jinko Solar will deliver Tiger Neo 78 Cell modules for the solar project’s first phase.
Ocean Winds has partnered with Irish firm Bord na Móna to develop offshore wind projects in Ireland. Under the long-term partnership, the two companies plan to co-own, identify and develop offshore opportunities around the Irish coast.
The partners will initially focus on Réalt na Mara, a proposed wind project off the coast of Dublin and Wicklow, and Celtic Horizon, a planned facility offshore from Wexford and Waterford.
US to invest $13bn to expand and modernise electric grid
The US Department of Energy (DOE) has announced $13bn of financing to support the upgrade and expansion of the US’s electric grid.
The funding will be offered under President Joe Biden’s Bipartisan Infrastructure Law, as well as the Grid Resilience Innovative Partnership Programme and the Transmission Facilitation Programme.
It is said to be the largest single direct federal investment in the critical transmission and distribution infrastructure. With this funding, the US Government aims to build transformative projects to increase the reliability of the power grids.
Read more: Power Technology