Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Renewable energy company Low Carbon stated that it had secured the necessary funding for a 385 megawatt (MW) portfolio of solar and battery storage projects in Britain, enabling it to start construction.
Most of the projects will begin construction early this year and are part of a 3 gigawatt pipeline of solar and battery storage projects in Britain, the company mentioned.
The solar projects will have a combined capacity of 290 megawatts and are predicted to power the equivalent of 85,000 UK homes. The 95 MW of battery storage projects will be located at the sites of the solar projects.
Battery storage enables energy from renewables to be stored and released when power is needed the most.
Low Carbon's chief investment officer Steve Mack said the projects will contribute towards Britain's target of achieving net zero emissions by 2050 and the company's own aim of delivering 20 GW of new renewable energy capacity by 2030.
Also Read : Congo joins LNG-exporting nations under new project with ENI ArcelorMittal France Plans Fos-sur-Mer Blast Furnace Restart in H1 2026
Orsted, a major player in the wind power industry, has faced a downgrade in its credit rating by S&a...
USA 08-Feb-2024
The Supreme Court reserved its decision on Thursday on the highly contentious issue of whether the r...
Taxation 15-Mar-2024
Tamilnadu Coke & Power Ltd (TNCPL) has received orders for ₹23 crore in low ash metallurgical co...
Mid Corporate 07-Feb-2024
Odisha is poised to receive an additional 1,463 MW of power from the National Thermal Power Corporat...
Energy 02-Feb-2024
Profits at China's industrial firms fell 2.3% in 2023, their second straight yearly decline, due to...
China 27-Jan-2024
The Indian government has declared a surge in windfall tax on petroleum crude from ₹6,800 to ₹9,600...
Taxation 16-Apr-2024