Today’s renewable energy news includes announcements on East Pye solar farm in the UK, Energinet’s Thor offshore wind farm, Siemens Energy, among others.
Island Green Power Opens Consultation for East Pye Solar Farm in UK
Island Green Power has launched a public consultation for its proposed East Pye Solar Farm in Suffolk, UK, with a capacity of up to 500 MW. The strategy aims to support the UK’s renewable generation targets through large-scale solar development. Investment details are pending planning approval and stakeholder input. The technology focus is utility-scale solar PV with potential battery storage integration. Customer focus includes grid operators and future corporate offtakers. Innovation includes early-stage community engagement to address planning and environmental concerns. Benefits include increased clean power capacity, support for national energy security, and contribution to the UK’s decarbonisation goals.
Energinet Completes Grid Link for 1.1GW Thor Offshore Wind Farm
Energinet, Denmark’s transmission system operator, has completed the onshore grid connection for the 1.1 GW Thor offshore wind farm. The strategy supports the timely integration of offshore wind into Denmark’s national grid. The infrastructure includes substations and 220kV transmission lines connecting the wind farm to the grid. Investment in the grid link is part of Denmark’s broader offshore expansion plan. Technology focus includes high-voltage infrastructure and system reliability. Customer focus is on utilities and transmission stakeholders. Innovation lies in efficient delivery within schedule constraints. Benefits include secure transmission of renewable power, grid stability, and advancement of Denmark’s 2030 climate targets.
Siemens Energy receives investment grade credit rating of Baa2
Siemens Energy has received its first investment grade credit rating of Baa2 with a positive outlook from Moody’s Ratings. Moody’s highlighted the company’s strong market position, broad geographic and product reach, favorable long-term market trends, growing order backlog, solid liquidity, and prudent financial policy. CFO Maria Ferraro said the rating reflects the company’s progress in improving margins, cash flow, and financial strength. The rating enhances Siemens Energy’s financial flexibility and supports future growth. Multiple investment grade ratings also reinforce market confidence in the company’s creditworthiness.
GreentechLead.com News Desk