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UK Government warned of risks from extended windfall tax on energy companies

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The UK government faces warnings over its proposal to increase and extend the windfall tax on energy companies, which could threaten thousands of jobs and billions in investments. Offshore Energies UK (OEUK), supported by more than 40 organisations, expressed concerns in an open letter to Sarah Jones, UK Minister of State for Industry and Decarbonisation, regarding the recent approval of a 3% increase in the Energy Profits Levy (EPL), raising the rate to 78% and…

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Enercon secures 110.5 MW wind turbine contract from Polat Enerji in Turkey

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German company Enercon has secured a contract to supply wind turbines totaling 110.5 MW for Turkish renewable energy company Polat Enerji. This deal supports the expansion of three wind farms across Turkey, boosting the country’s renewable energy infrastructure. Enercon will supply 17 E-160 EP5 turbines for the Yalova/Göktepe 4 wind farm, two E-160 EP5 turbines for the Kırşehir/Geycek 3 wind farm, and two E-82 turbines for the İzmir/Ege 3 wind farm. The E-160 EP5 E2…

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Equinor, Polenergia secure permits for 1.44 GW Baltyk offshore wind projects in Poland

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Norway’s Equinor and Polish power utility Polenergia have received crucial construction permits for the Baltyk 2 and Baltyk 3 offshore wind projects in the Baltic Sea. These permits, granted by the Pomeranian Voivodeship in northwest Poland, are pivotal for making the final investment decision and commencing construction. The permits cover a wide range of infrastructure, including 100 wind turbines, internal power and telecommunications networks, two offshore power stations, submarine export cables, and two onshore power…

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UK household energy bills to rise 10% from October 

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UK energy regulator Ofgem announced a 10% increase in the price cap on household energy bills, raising the cap to £1,717 ($2,250) per year starting October 1. This is the first increase since January 2023, when the cap hit a record high of £4,279. The new cap, effective until December 31, is £117 cheaper than the same period last year but still reflects ongoing volatility in global gas markets. The rise is attributed to severe…

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California establishes centralized strategy for clean energy procurement

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The California Public Utilities Commission (CPUC) has introduced a centralized procurement strategy to boost clean energy, aiming to secure up to 10.6 GW of long-duration energy resources. The California Department of Water Resources (DWR) will handle procurement, targeting 7.6 GW of offshore wind, 1 GW of geothermal energy, 1 GW of multi-day long-duration energy storage, and 1 GW of long-duration energy storage with at least a 12-hour discharge period. The CPUC chose these technologies for…

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Meta and Arevon Energy Partner on 60 MW Heirloom Solar Project in Indiana

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Renewable energy developer Arevon Energy has partnered with Meta Platforms, formerly Facebook, on an environmental purchase agreement (EAPA) for the Heirloom Solar Project in Pike County, Indiana. This marks the third utility-scale collaboration between the two companies. The 60 MW Heirloom Solar Project has recently begun construction and is expected to be fully operational by the third quarter of 2025. Arevon will own and operate the Heirloom project, similar to the Kelso Solar Project in…

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Qair acquires majority stake in Green Switch Capital to expand UK renewable energy presence

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European renewable energy company Qair has acquired a majority stake in UK-based Green Switch Capital (GSC), a developer specializing in offshore wind, solar, and storage projects. This strategic acquisition aims to bolster Qair’s renewable energy footprint in the UK and position it as a significant player in the nation’s renewable sector. GSC’s development pipeline exceeds 15 GW, with half of the projects already having grid offers, land leases, and connections. The first project is expected…

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Australian Senate passes Net Zero Economy Authority Bill to drive climate action

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The Australian Senate has approved the Net Zero Economy Authority (NZEA) Bill, establishing a standalone statutory authority to oversee the nation’s transition to net zero emissions by 2050. This move is part of Australia’s broader goal to cut emissions by 43% by 2030, based on 2005 levels. The NZEA will coordinate net zero initiatives across government and key stakeholders, ensuring consistent climate policy implementation. The authority aims to boost public and private sector participation in…

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Denmark delays North Sea Energy Island project due to rising costs

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Denmark has announced a delay of at least three years in constructing its North Sea Energy Island, citing rising costs and high interest rates. The artificial island is intended to serve as a hub for collecting and distributing electricity from offshore wind turbines, aiming to supply around three million European households with renewable energy. Danish Energy Minister Lars Aagaard stated that the investment cost for the energy island now exceeds DKr200 billion ($29.81 billion) and…

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Avantus, Toyota Tsusho America begin construction of Norton Solar Project in Texas

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Avantus and Toyota Tsusho America (TAI) have started constructing the 159 MWdc/125 MWac Norton solar project in Runnels County, Texas. The construction follows TAI’s acquisition of the Norton project from Avantus in November 2023. TAI, a subsidiary of Toyota Tsusho Corporation, has secured financing from Mitsubishi UFJ Financial Group. The Norton project, managed by Avantus with engineering, procurement, and construction services provided by RES, has a long-term power purchase agreement with a corporate customer, highlighting…