Today’s renewable energy news includes announcements on SP Energy, ACWA Power, Statkraft, among others.
SP Energy Networks launches £1.4bn grid upgrade to support UK renewables
SP Energy Networks is investing £1.4 billion under the Accelerated Strategic Transmission Investment (ASTI) program to upgrade critical grid infrastructure across Scotland and northern England. The strategy aims to support the integration of over 5 GW of renewable energy, particularly offshore wind, by enhancing transmission capacity and grid flexibility. Key elements include building new transmission lines, substations, and implementing digital monitoring systems. The initiative focuses on modernising legacy grid assets to meet future electrification needs and UK net-zero targets. Benefits include improved grid reliability, reduced bottlenecks, and faster, more efficient delivery of clean energy to consumers and industrial users.
ACWA Power finalising deal for 2 GW of solar in Turkey
ACWA Power is reportedly close to finalising an agreement to develop up to 2 GW of solar power capacity in Turkey. The project is expected to be carried out in partnership with local stakeholders and aligns with Turkey’s renewable energy goals and ACWA’s strategy to expand its clean energy portfolio globally. The investment would significantly boost Turkey’s solar generation capacity and contribute to energy diversification and emissions reduction. While specific project locations, technologies, and timelines have not yet been disclosed, the development is expected to involve utility-scale photovoltaic systems and long-term power supply agreements. The initiative supports regional energy security and sustainability.
Statkraft contracts power from Better Energy solar farms in Poland
Statkraft has signed a power purchase agreement (PPA) with Better Energy to offtake electricity from 42 MW of new solar capacity in Poland. The agreement will cover energy produced by three solar farms expected to become operational in 2024. The PPA supports Statkraft’s strategy to expand its renewable energy trading and supply operations across Europe while helping Better Energy secure financing and long-term revenue for its projects. The solar farms will use utility-scale photovoltaic systems to deliver clean electricity to Polish markets. The deal contributes to Poland’s energy transition, enhances corporate decarbonisation, and promotes market-driven renewable energy deployment.
GreentechLead.com News Desk