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GE Vernova secures five onshore wind deals in Spain

Global, News

GE Vernova has signed five agreements to supply its 6.1 MW turbines with 158-meter rotors for onshore wind projects across Spain. The company will supply and commission 16 turbines to two wind farms in Castilla León—eight for Casa Vieja and eight for Pedrejones. Deliveries are scheduled to begin at the end of 2024. In addition, GE Vernova will upgrade the Les Colladetes wind farm in Catalonia, installing eight turbines for Enervent, and will supply five…

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GE Vernova and Lizard Renewables launch Alva Power to develop 1 GW of RE projects in Italy

India, News

GE Vernova and Lizard Renewables have announced the creation of Alva Power, a 50-50 joint venture aimed at advancing Italy’s electrification and decarbonization goals. Alva Power will focus on developing over 1 GW of wind, battery energy storage systems (BESS), and photovoltaic (PV) solar projects, initially targeting onshore wind projects in Italy. The joint venture combines GE Vernova’s financial and technological strengths with Lizard’s regional network to drive new renewable energy initiatives. In the future,…

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GE Vernova secures 140 MW wind turbine order in Romania

Global, News

GE Vernova has secured a 140 MW wind turbine order in Romania from Public Power Corporation Renewables (PPCR). The company will supply, install, and commission 23 turbines, each with a 6.1MW capacity, for a wind project in Vaslui County. The agreement, finalized in Q2 2024, strengthens GE Vernova’s role in the European Union’s energy transition, where it has a long history of installing wind turbines. Initial turbine deliveries are planned for the first half of…

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GE Vernova unveils advanced containerized solution for energy storage

Global, News

GE Vernova Inc. has launched the RESTORE DC Block, an advanced containerized solution for Battery Enabled Energy Storage (BESS) with a capacity of 5 MWh and an operational duration of 2-8 hours. Designed for utility-scale renewable and energy storage projects, the solution enhances grid reliability by storing excess energy during high-generation periods and releasing it when demand peaks. The RESTORE DC Block is part of GE Vernova’s FLEXRESERVOIR system, which integrates battery storage, power electronics,…

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GE Vernova launches GRiDEA portfolio to decarbonize power transmission

Global, News

Grid Solutions, a GE Vernova business, has introduced the GRiDEA portfolio, a comprehensive suite of solutions designed to decarbonize the electrical grid and support the transition to sustainable energy. Unveiled at the CIGRE event in Paris, this portfolio highlights GE Vernova’s commitment to reducing carbon emissions and advancing electrification technology. The GRiDEA portfolio offers grid operators innovative solutions to significantly cut SF6 emissions and reduce the use of raw materials. Central to the portfolio are…

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UK, Polish agencies provide €249m guarantee for Turkey’s 390 MW solar project

Global, News

UK Export Finance (UKEF) and Polish export credit agency KUKE have teamed up to provide a €249 million loan guarantee for Turkish renewable energy firm Kalyon Enerji. The guarantee, arranged by Standard Chartered Bank, will finance the construction of a 390 MW solar project across Turkey’s provinces of Bor-Nigde, Gaziantep, and Sanliurfa-Viransehir, set to become the country’s second-largest solar initiative. Once completed, the solar farms will supply clean energy to over 65,000 Turkish households annually….

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Hydropower: Achieving Global Renewable Energy Targets

Analysis, Features

At the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) in Dubai, global governments pledged to triple renewable generation capacity from 3.8 TW in 2022 to 11.2 TW by 2030. This increase in variable renewables poses grid security and flexibility challenges. Hydropower, among low-carbon options, is the most versatile and cost-effective solution for grid stability. Its key strengths are flexibility and resilience, complementing variable renewables with services ranging…

Power Sector News Roundup for November 21, 2024

Power Bytes

Global: Amazon invests in Greece’s largest wind energy project with three wind farms. China tightens solar PV investment guidelines to address overcapacity. SEC to build publicly owned renewable energy park in Horsham, Australia. Bekevar Wind Farm opens, providing 200 MW of renewable energy in Saskatchewan. Ofgem proposes £5-8 billion fund to accelerate UK energy transmission projects. TVA signs 10-year PPA for 14 GWh carbon-free energy with Smoky Hydro. Octopus Energy and Skyborn prequalified for French…

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DOE allocates $15M to enhance hydropower flexibility

Global, News

The U.S. Department of Energy (DOE) has announced $15 million in funding for nine projects designed to boost hydropower’s role in stabilizing the grid amid rising renewable energy adoption. Hydropower, currently contributing 27% of U.S. renewable electricity, offers critical flexibility for balancing supply and demand. Notable projects include: Hydropower-Hydrogen Integration: DRG Technical Solutions will produce hydrogen at a Colorado facility to store energy for later grid use or as fuel. Battery Integration: Synergics Energy Services…

Power Sector News Roundup for November 12, 2024

Power Bytes

Global: ACCA report warns of inadequate climate preparedness among businesses. EnBW to install a 100 MW battery storage system in Marbach, Germany. ScottishPower signs £1 billion deal with Siemens Gamesa for East Anglia 2 offshore wind farm. Entrion Wind secures US patent for FRP monopile technology. SPPC awards 7.2 GW power project contracts under Saudi Vision 2030. Energy Vault to build a 57 MW battery storage project in Texas. Nexans to sell AmerCable to Mattr…