(IN BRIEF) The GE Vernova—ANDRITZ HYDRO Corp. consortium has been awarded an EPC contract for the installation of two synchronous condensers at the LCRA TSC project in West Texas. The project, recommended by ERCOT, aims to improve grid stability in … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Technology
Tagged AI demand, Andritz Hydro, Bakersfield substation, Daniel Carrier, energy demand, energy transformation, EPC contract, ERCOT, GE Vernova, grid stability, Industrial Growth, Kristian Koellner, LCRA Transmission Services Corporation, Olivier Ruiz, power outages, project, reactive power, renewable energy, renewable generation, Synchronous Condensers, Texas grid, voltage management, West Texas
(IN BRIEF) In 2024, Lightsource bp secured 10 power purchase agreements (PPAs) totaling 1.3GW across Europe, the Americas, and APAC, highlighting its strong presence in the renewable energy market. The company has partnered with major global corporations like H&M Group, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged 500MW solar and storage portfolio, APAC, Australia, collective virtual PPA, corporate PPAs, CVPPA, ERCOT, Fashion Pact, global markets, Google, H&M Group, Iberia, Japan, Lightsource BP, LyondellBasell, Microsoft, MISO, multi-buyer structure, New Zealand, partnership, Power Markets team, Power Purchase Agreements, PPAs, renewable energy, renewable power procurement, solar and storage development pipeline, solar irradiation, solar portfolio, solar power, South Korea, Spain, SPP, sustainability, Taiwan, United States, utility-scale, Zosia Riesner
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