(IN BRIEF) The Eastern Green Link 1 project, a joint venture between SP Energy Networks and National Grid Electricity Transmission, has begun construction on a subsea electricity cable that will provide green power to two million homes. This £2.5 billion … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged alternating current, Carl Trowell, clean energy, climate goals, direct current, Eastern Green Link 1, economic development, electricity cable, Energy Innovation, energy security, energy transition, environmental impact, GE Vernova, green electricity, Hawthorn Pit, local community benefits, METLEN Energy & Metals, Michael Shanks, National Grid Electricity Transmission, Nicola Connelly, Ofgem, partnership, Paul McLennan, Prysmian, renewable energy, Social Value, SP Energy Networks, subsea electricity superhighway, sustainability, Torness, UK energy grid, UK energy infrastructure, £2.5 billion investment
(IN BRIEF) The European Investment Bank (EIB) has signed a €450 million finance contract with Prysmian to enhance electricity transmission and distribution in Europe, focusing on renewable energy and offshore wind. The funds will be used to manufacture extra-high-voltage submarine … Read the full press release
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