Offshore wind is expected to experience strong growth globally over the next decade, with Asia and North America and Western Europe (NAWE) set to drive the segment’s expansion. Falling project costs and technology improvements continue to advance the offshore wind sector’s maturity, increasing the attractiveness of projects to developers in markets across the globe.
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A California microgrid project that will eventually hold one of the largest flow batteries in North America is currently under construction. The Viejas Band of Kumeyaay Indians in Alpine, California, will receive long-term energy storage through this project, which is supported by a $31 million grant from the California Energy Commission.
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Community solar projects, which allow participating subscribers to receive credits on their utility bills, can be powerful forces for fighting both climate change and inequity. While helping local governments achieve their climate goals, they can provide significant benefits for low- and moderate-income (LMI) communities, including lower bills and energy burdens for subscribers, tax benefits, jobs and access to solar for those who can’t install rooftop solar panels.
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Energie Baden-Württemberg (EnBW), a German energy company, has announced plans to sell its US subsidiary EnBW North America, as well as its assets, to TotalEnergies. EnBW intends to focus on future offshore wind initiatives in the European market after selling the business to TotalEnergies. The deal’s financial terms have not been disclosed. As per the company statement, in the following months, EnBW plans to support TotalEnergies’ activities in the US.
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CEP Renewables LLC, an expert in the building of solar power plants on inaccessible properties such as landfills, brownfields, Superfund sites, and mining sites, will begin work on North America’s largest solar project built near a capped landfill.This 25.6 MW solar project in Mount Olive, New Jersey will convert the old Combe Fill North Landfill Superfund site into an income-generating, sustainable energy-generating enterprise.
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EDP Renewables North America LLC (EDPR NA) has acquired a majority interest in C2 Omega LLC, a distributed solar platform of C2 Energy Capital LLC. Post-acquisition, the new company will be known as EDPR NA Distributed Generation LLC (EDPR NA DG). The company is set to acquire an 85 per cent equity stake in C2s solar portfolio.
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