Energy Update
GE Renewable Energy's prototype Haliade-X offshore wind turbine
GE Renewable Energy's prototype Haliade-X offshore wind turbine, the most powerful in the world, has reached a production output of 14 megawatts, the company announced Tuesday.
The German government has announced that it will direct €100 million ($115.7 million) in investment to accelerate the deployment of renewable energy across Africa.
The capital will be invested through the African Development Bank’s Sustainable Energy Fund for Africa (SEFA) to unlock private sector participation in funding the region’s transition to low-carbon energy resources.
Bitfarms Ltd., a Bitcoin mining company, announced it has increased its corporate hashrate to over 1.6 Exahash per second (EH/s) through the expansion of operations at its Cowansville, Québec, facility and electricity supplied by hydro power.
While the world waits for cost-effective and scalable long-duration energy storage to support the around-the-clock deployment of power generated by renewable sources, fossil fuels will continue to play a significant role in the energy mix to provide reliability to the grid and industries.
Contributed by Won Shin, Vice President of Products, ONYX Insight
Originally published on ILSR.org
Shell has signed agreements to deploy more than 800 MW of solar power generation in the U.K.
The company signed a framework agreement with Green Power to develop 700 MW of utility-scale solar projects with potential co-located battery storage. A separate agreement with Clearstone Energy will deploy 100 MW of utility-scale solar generating capacity in the South-East of England with potential co-located battery storage, as well.
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