Enel and QIA ally to boost renewables
EGP has entered into a joint venture partnership with a subsidiary of QIA to finance, build and operate renewable projects in sub-Saharan Africa.
Renewables to soar with $3.40 T in investments
The 2020s will be crucial for all the participants in the power industry with an estimated $3.40 T invested in renewables during the next decade.
Nokia to transform Finland transmission grid
Finland: Telecoms major Nokia has been tasked with upgrading Finland’s transmission grid to allow for greater penetration of renewables.
Black Hills Corp to invest $2.9 B through 2023
Black Hills Corporation announced it expected the company to spend $2.9 B on capital investments through 2023 as it establishes new transmission lines, invests more heavily in renewables and navigates regulatory consolidation.
Queensland gives $132 M for 186 km transmission line
Australia: Queensland government pledged to tip $132 M into construction of a transmission line, which will link the renewables hub with the main grid.
Siemens enters Iowa to Illinois transmission line project
German energy engineering firm Siemens and Copenhagen Infrastructure Partners, a Danish fund specializing in renewables, acquired the SOO Green Renewable Rail.
ABB wins $30M order to support integration of offshore wind energy
ABB has won a $30 million order from ScottishPower Renewables to supply two STATCOMs that will smooth out the voltage fluctuations that are an inherent feature of intermittent wind energy.