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Showing 1 - 10 of 40 results for "Megawatt"

Amazon's Queensland operations to run off solar

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
Global giant Amazon and an independent power producer have announced the commercial operation of a new 125-megawatt renewable energy project that will power Amazon operations, including data centres and fulfilment centres. This comes as Premier Steven ...

Queensland to boost clean economy

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
... 90% below 2005 by 2035 as the minimum, and ideally net zero by 2035." This comes as Amazon recently announced a new 125-megawatt renewable energy project has come online to power its operations, with excess power sold back to the grid.

NAB negotiates green loan with US-based renewables developer

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 FEB 2024  |  NEWS
National Australia Bank was one of four parties serving as joint lead arrangers on a deal that saw a US-based renewable energy developer increase its revolving credit facility as a green loan. Houston-based Swift Current Energy upped its US$225 million ...

NSW can achieve electricity reliability without coal

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
... world in the financing, approval and construction of new [battery energy storage systems] BESS projects, with the 850 megawatt (MW)/1,680megawatt hour (MWh) Waratah Super Battery under construction, while AGL reached a final investment decision (FID) ...

Brookfield buys UK Banks Renewables

ROSE MARY PETRASS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
Brookfield Asset Management will buy UK-based renewable energy company Banks Renewables for US$1 billion. This follows the acquisition of US renewable energy developer Urban Grid by Brookfield Renewable and its investors earlier this year for $650 million. ...

Data centre operator refinances multi-billion-dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
... standards." Since establishing its first SLL in September 2021, AirTrunk has announced four new developments including 320+ megawatt (MW) SYD3 in Western Sydney, 110+MW TOK2 in Tokyo West, 150+MW JHB1 in Johor Bahru, Malaysia and 15+MW HKG2 in Hong Kong. ...

Engaging for real-world decarbonisation: IGCC

RACHEL ALEMBAKIS  |  MONDAY, 21 AUG 2023  |  NEWS
... the grid." Thus for Incitec Pivot, it's not just capex, it's also operational expenditure - finding a way to purchase megawatt hours based on renewable energy at an effective cost, Durand noted. Durand also pointed out that investors need to understand ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... renewable energy developer and owner/operator that is part-owned by IFM Investors has closed project financing for a 800 megawatt defined condition (MWdc) solar farm project. Swift Current Energy has received financing for the Double Black Diamond Solar ...

Traditional Owners to lead Pilbara renewables rollout on exclusive native title land

ROSE MARY PETRASS  |  THURSDAY, 20 JUL 2023  |  NEWS
... executive Michael Woodley said. ACEN is responsible for some of Australia's biggest renewables projects including the 720 megawatt New England solar farm near Uralla, NSW. "The agreement with ACEN means that the Yindjibarndi people can actively participate ...

Renewables need to ramp up significantly: CER

ROSE MARY PETRASS  |  TUESDAY, 18 JUL 2023  |  NEWS
... electricity retailers to access renewable energy and meet their legal obligations, by purchasing certificates that represent a megawatt hour of power. This creates a market which provides financial incentives to both large-scale renewable energy power ...
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