Revolution Wind, LLC, a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, announced that the Revolution Wind project has started delivering power to New England's electric grid.
The 704 MW offshore wind energy project, is expected to supply enough electricity to power more than 350,000 homes and businesses. The project will deliver power under fixed-price, 20-year agreements with energy utilities in Rhode Island and Connecticut, providing price certainty and stability for consumers.
At a time of rising electricity demand, Revolution Wind supports a growing regional economy, including energy-intensive industries such as manufacturing and data centers. Once the project reaches full commercial operations, analysis from the State of Connecticut’s Department of Energy and Environmental Protection finds that Revolution Wind will save New England ratepayers as much as US$500 million per year in wholesale energy costs.
Hydrostor announced that the Willow Rock Energy Storage Center has signed a 50 MW offtake agreement with California Community Power (CC Power) on behalf of six of its community choice aggregator members.
Read moreThe Taaleri SolarWind III Fund, Taaleri Energia’s sixth renewable energy fund, has reached final close with EUR 630 million in total commitments (including EUR 74 million in co-investment commitments).
Read moreRWE has completed construction of its first project in Louisiana, the 100 MW Lafitte Solar project located in Ouachita Parish, outside of Monroe, USA.
Read moreApollo-managed funds have agreed to invest US$6.5 billion in a 50% stake in Ørsted's Hornsea 3.
Read moreInvenergy announced today that the 250 MW Hardin III Solar Energy Center recently commenced operations. The energy center is the third Invenergy-developed solar facility completed in Hardin County, Ohio, USA.
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