Florida-headquartered NextEra Energy has recorded a net income of US$2,795 million in Q2 2023 as both its renewables development and utility generation arms posted strong results.
Electrification cable manufacturer Nexans has been awarded a €1.43 billion (US$1.59 billion) contract for a portion of the EuroAsia Interconnector subsea cable, connecting Greece and Cyprus.
Despite projections that solar PV and wind generation capacity will more than double by 2035, the Texas transmission grid will need to be upgraded to avoid increased asset curtailment across the state.
California Independent System Operator (CAISO) has approved a transmission plan consisting of 45 projects for system expansion and upgrades with a cost of US$7.3 billion, including a total of more than 17GW of solar generation.
Renewables deployment in the US is at risk of stalling unless distributed interconnection policies are improved to make them more efficient. Fortunately, there are a host of well-developed solutions for many of the major interconnection challenges being seen in the country today, writes Gwen Brown of the Interstate Renewable Energy Council.