Power Technology
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Global
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Heavy Industry and Engineering/Energy Industry
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Articles
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1 week ago |
power-technology.com | Nikki Thompson
In a world increasingly driven by artificial intelligence (AI), digital commerce, and 24/7 connectivity, power infrastructure is under growing pressure. Nowhere is this more apparent than in the data center sector, where skyrocketing electricity demand, lagging grid development, and sustainability mandates collide.
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1 week ago |
power-technology.com | Tiash Saha
The consortium plans to assess the feasibility of a new subsea cable system to export renewable energy. Credit: sofinitaa/Shutterstock. Energy companies from Malaysia, Singapore and Vietnam have entered a joint development agreement to explore the potential of exporting renewable electricity from Vietnam to the other two countries.
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1 week ago |
power-technology.com | Tiash Saha
The project is closely associated with the construction of a data centre, designed to be self-sufficient in energy with a guaranteed 70MW capacity. Credit: Solaria. European renewable energy developer Solaria has signed an agreement in principle with Spanish financial services company Banco Sabadell for the long-term financing of its 175MW Oliva solar project in the province of Guadalajara, Spain.
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1 week ago |
power-technology.com | Tiash Saha
EGPNA has agreed to a net cash consideration of $50m, subject to customary adjustments. Credit: luca pbl/Shutterstock. Enel Green Power North America (EGPNA), a subsidiary of Italian energy company Enel, has entered a swap agreement with Gulf Pacific Power (GPP), an infrastructure fund managed by Harbert Management, to expand its renewable capacity in the US.
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1 week ago |
power-technology.com | Tiash Saha
EDP will maintain full control over the renewable hydrogen project situated within the Pecém complex. Credit: EDP, S.A. EDP Brasil, a subsidiary of utility company EDP, has signed an agreement with Brazilian energy company Diamante Geração de Energia to sell its 20% stake in Pecem Geração de Energia, which owns and operates the Pecem coal plant. The 0.20bn reais ($35.4m) transaction signifies EDP’s complete exit from the coal-fired power plant in the Brazilian state of Ceará.
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