The power industry briefing
The latest news, trends, and data you need to know about this month
News in Numbers
1.5GW
Sembcorp Utilities and BCG Energy have agreed to develop a 1.5GW renewable project pipeline in Vietnam.
50
AlsoEnergy manages solar facilities in more than 50 countries, and has been acquired by US firm Stem.
267
The Capital Battery in Australia is set to have 267 battery units and is expected to be operational by mid-2023.
25 million
More than 25 million accounts are managed by Octopus Energy’s Kraken technology platform.
$1.5bn
Altus Power has concluded its $1.5bn business merger agreement with CBRE Acquisition Holdings.
Project updates
Neoenergia has secured a contract from Brazil’s electricity system regulator for the construction a 500kV substation in the state of Minas Gerais. The contract was awarded to Neoenergia in a competitive transmission auction.
Silicon Ranch and the Walton Electric Membership Corporation have built three utility-scale solar facilities to supply clean electricity to Meta’s data centre in Newton County, Georgia, US. The three solar assets have a combined capacity of 287MW.
Vattenfall has decided to build the Vesterhav Syd and Vesterhav Nord offshore wind farms in Denmark for a sum of $866m The investment decision will enable Vattenfall and its suppliers to begin the final phase of development works at the two wind farms.
Sembcorp Energy UK is set to build a 360MW battery energy storage system at the Wilton International industrial site in Teesside, UK.
Further reading
The winners of the 2021 Power Technology Excellence Awards have been announced
The wait is over – the winners for this year’s Power Technology Excellence Awards have been announced!
For the last few months, we’ve scoured the world to find the most impressive examples of company and individual excellence across the sector, ranging from business expansion to R&D as well as in areas such as diversity and environmental and social initiatives.
Read more: Power Technology
