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    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

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    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

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    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    GE’s digital power transformers selected for multiple projects across the globe

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    UK Government grants consent for Vattenfall’s Norfolk Vanguard Offshore Wind Farm

    New DNV GL class rules for floating offshore wind energy expands industry horizon

    Norway to launch 1.5 gigawatt offshore wind tender

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    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

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    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

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    SeaMade secures €250m European loan for Belgian offshore wind farms

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    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    GE’s digital power transformers selected for multiple projects across the globe

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EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

in News, Solar Energy
EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

The agreement, signed with NIPSCO, enables the the development and construction of a solar park in Indiana, which is scheduled to reach COD by 2022.

The deal will contribute to the 2021-25 asset rotation programme announced by EDPR at its last Capital Market’s Day. EDPR has now 2.5 GW of capacity secured in the U.S. which will enter in operation from this year.

EDP Renováveis, SA, global leader in the renewable energy sector and the world’s third-largest wind energy producer, through its fully owned subsidiary EDP Renewables North America LLC, has signed a Build & Transfer Agreement with Northern Indiana Public Service Company LLC (“NIPSCO”).

The agreement enables the development and construction of EDPR’s 200 MWac Indiana Crossroads Solar Park in the U.S. state of Indiana, which is expected to reach COD by 2022, when the Build & Transfer agreement would be completed.

With this agreement, EDPR has now 2.5 GW of capacity secured in the U.S. which will enter in operation from 2021 onwards.

The Build-Transfer Agreement reached with NIPSCO adds to the 15-year PPA that EDPR announced on 1 March. This agreement includes the sale of the energy produced by the 204 MW Indiana Crossroads II Wind project, which is also located in the state of Indiana and is expected to start operations in 2023.

Completion of this transaction is subject to regulatory approval and other customary closing conditions for a transaction of this nature. The deal announced today will also contribute to the asset rotation program 2021-25 disclosed in the Capital Market’s Day held on February 25th, 2021.

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News

bp to invest up to £18 billion in UK energy system by 2030

May 14, 2022
Giant offshore wind energy projects to be built in Irelands seas
News

Kier to deliver onshore converter station for offshore wind project in the north east

February 19, 2022
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