
Entergy Louisiana to invest $400 M in grid resilience
Over the next four years, Entergy Louisiana will be investing more than $400 M to upgrade approximately 1170 km (730 mi) of distribution and transmission lines across the region.
Over the next four years, Entergy Louisiana will be investing more than $400 M to upgrade approximately 1170 km (730 mi) of distribution and transmission lines across the region.
Grants will enhance energy systems in 18 communities, improving resilience against storms, wildfires, and other disruptions.
At ERCOT’s request, CPS is spending $150 M to speed up new transmission lines.
Britain’s renewable energy projects will be fast-tracked with Ofgem’s new rules, granting early access to £4 B for crucial infrastructure.
ABB is investing $120 M to expand its US manufacturing operations and support expected growth in key industries.
Electrica shareholders have approved a €253 million investment in the Crucea Est wind farm in Constanța.
Iberdrola has presented its il.lumina project, in which it will invest €100 million for the redesign of the distribution network affected by Storm Dana on October 29th.
Vattenfall plans to invest €5 billion ($5.34 billion) in climate-friendly energy products in Germany in the coming years.
The EBRD will invest up to €100 million ($110.4 million) in equity into Green Genius to support the renewables developer and power producer’s growth plans.
The substantial investment by Hitachi Energy underscores its dedication to expanding manufacturing capacity in North America to meet increasing energy demands.
India’s efforts to enhance its electrical infrastructure through substation capacity additions have encountered significant challenges, achieving only 43% of its targeted goals.
“The Inflation Reduction Act makes the largest investment in rural electrification since FDR and the New Deal in the 1930s.” -John Podesta
Datacenter construction has long been recognized as a strong sector, yet its true magnitude may still be underestimated.