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Meta signs agreements for 760 MW of renewable energy with Invenergy

Meta Platforms has signed four environmental attribute purchase agreements (EAPAs) with Chicago-based energy company Invenergy, securing 760 MW of renewable energy. This brings Meta’s total clean energy procurement from Invenergy to over 1 GW. Meta’s head of global energy, Urvi Parekh, highlighted the company’s commitment to clean energy, stating that surpassing the 1GW milestone demonstrates their dedication to matching growing power needs with renewable energy.  The agreements cover four solar energy centres in the US,…

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Avangrid and Invenergy secure Gulf of Maine offshore wind leases

Avangrid Renewables and Invenergy NE Offshore Wind have won two lease areas each in the Gulf of Maine through a US government-led offshore wind lease sale conducted by the Bureau of Ocean Energy Management (BOEM).  This sale marks the sixth offshore wind lease under the Biden-Harris administration and the first for commercial floating offshore wind on the Atlantic coast. Avangrid acquired leases OCS-564 (98,565 acres) for $4.9 million and OCS-568 (124,897 acres) for $6.2 million….

Power Sector News Roundup for December 9, 2024

Global: UK seeks new investors for Sizewell C nuclear project Corio Generation plans staff reductions amid offshore wind sector challenges Nuclear industry “a model for the rest of economy,” UK energy secretary says CVC DIF sells 169 MW Uruguayan wind farm portfolio to Pluspetrol Meta signs agreements for 760 MW of renewable energy with Invenergy Denmark’s largest offshore wind farm tender in the North Sea receives no bids ISA and USAID partner to enhance grid…

Power Sector News Roundup for November 4, 2024

Global: IEA report forecasts US$2 trillion clean energy market growth, challenging oil industry dominance. Germany to bury nuclear waste, but toxic dispute remains unresolved. UK Government confirms rise in oil and gas headline tax alongside investment in clean energy. Asia to spend over USD 20 billion on EVs, according to a report. Moroccan government partners with Total Energies H2 for the ‘Chbika’ green hydrogen project. Blykalla and ABB partner to develop an SMR pilot facility…

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Hellenic Cables secures contract for Leading Light Wind project in the US

Hellenic Cables, part of Cenergy Holdings, has won a contract to supply 65km of 132kV inter-array cables for the Leading Light Wind project, a 2.4GW offshore wind farm located over 40 miles off the New Jersey coast.  Cable manufacturing will commence in autumn 2024 at the company’s Corinth facility in Greece, with delivery expected by 2030. The Leading Light Wind project, a joint venture between Invenergy and energyRe, is the sole American-led initiative in the…