June 22 NEC Energy News
¶ “Acwa Power Consortium Closes $1.5 Billion Egypt Wind Project” • A consortium led by Acwa Power, a leading Saudi developer, investor, and operator of power generation, water desalinization, and green hydrogen plants worldwide, signed an agreement to develop a 1.1-GW wind project in Egypt, at an investment value of $1.5 billion. [ZAWYA]
¶ “Co-Owners Sue Georgia Power In $695 Million Vogtle Contract Dispute” • The owners of a majority share of a nuclear power plant being expanded in Georgia are suing lead owner Georgia Power Co. They claim Georgia Power is trying to bilk them out of nearly $700 million by unilaterally changing a contract. [USNews.com]
¶ “US Solar Consortium To Buy Up To 7 GW Of Panels Annually From 2024” • Several US solar companies said they plan to spend over $6 billion to buy 6 GW to 7 GW of solar modules annually starting in 2024 to support domestic supply chains. The move comes as the US government seeks to strengthen the country’s energy security. [S&P Global]
¶ “Giant Hangar Poised For An Aviation Revolution” • Airships could help speed up the delivery of aid in disaster zones, carry air cargo much more cheaply than air freighters, and cut aviation emissions. Airships could offer an alternative for some types of aviation. A new generation of airships is taking shape in a former airship factory in Akron, Ohio. [BBC]
¶ “It’s Boom Times For Wind Power And Green Hydrogen In Ireland” • Clean power is blooming in Ireland thanks to such new technology as green hydrogen and floating wind turbines. That’s good news for the economy and great news for the rest of the EU, which is scrambling to untangle itself from Russian fossil energy imports. [CleanTechnica]
¶ “Extreme Weather Drives Need For Better Interconnection” • Insufficient interconnection hampers the ability of neighboring solar and wind rich regions to compensate for anomalous conditions in markets such as Spain had last winter, Solargis said. Grids spanning countries will help regional utilities deal with extreme weather events. [reNews]
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