Amazon Bets $150 Billion on Data Centers Required for AI Boom
(Bloomberg) -- Amazon Inc. plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected ...
New Zealand s $10 billion battery project
(Bloomberg) -- Amazon.com Inc. plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected ...
LG Energy reaches for EV battery crown with record $10bn IPO
LG Energy and parent LG Chem aim to raise 12.75 trillion won ($10.7 billion) through the former''s initial public offering on Jan. 27-- more than double the current record in South Korea of 4.9 ...
Aquila Capital confirms 1GW solar PV pipeline for …
Auckland-based renewables developer Far North Solar Farm (FNSF) announced on Thursday it had partnered with German investment manager and asset development company Aquila Capital to …
New South Wales gives planning approvals for 270MW of BESS …
One of the two new battery projects approved is called Apsley, about 6km away from a township of the same name, in rural NSW. ... Central-West Orana REZ will unlock 3GW of renewable energy capacity by the middle of this decade, while bringing in AU$10 billion investment by 2030. Together with new infrastructure to take electricity …
Ford Gets $9.2 Billion for EV Battery Plant in Biden Green Tech …
Ford''s battery borrowing comes through a facility within the US Department of Energy known as the Loan Programs Office, or LPO, that''s disbursed nearly $33 billion over the past 14 years ...
Macquarie to develop 4GW wind, solar and battery storage …
The 4GW project pipeline, with a reported total investment cost of A$10 billion (S$8.8 billion), is enough to power about 1.8 million homes.
Australia to boost spending to back new renewable energy projects
Australia to boost spending to back new renewable energy ...
Route selected and $10 billion committed forMelbourne Airport …
"Today''s decision will unlock the Federal and Victorian governments'' combined $10 billion commitment to speed the state''s recovery and deliver a rail link that will serve the community well for years to come," Ms Wilkie said. ... The Federal Government has announced that it is investing $1.9 billion in 14 new transport projects across ...
LG Energy charges into North America to steal CATL''s battery …
SEOUL/GUANGZHOU - South Korean auto-battery producer LG Energy Solution is planning to have six plants operating in North America by 2025 under an ambitious expansion plan fueled by the passage of ...
Transpower seeks investment to power New Zealand''s energy …
Transpower today provided the first of its Net Zero Grid Pathways submissions to the Commerce Commission, seeking a $393 million investment in three …
Ford pausing work on $3.5 billion Michigan electric vehicle battery ...
Ford is pausing work on a new, $3.5 billion electric vehicle battery plant in Michigan, even as the transition to electric vehicles has become a major sticking point in a United Auto Workers ...
Quinbrook gears up to build giant battery in Brisbane
Quinbrook, a specialist investment manager focused exclusively on the infrastructure needed to drive the energy transition in the UK, US and Australia, has invested more than US$2.5 billion ($3.8 billion) in more than 200 renewable projects globally since it was founded by David Scaysbrook and Rory Quinlanin in 2015.
Big batteries – more to come in 2023
Key takeaways. Australia''s investment in the development of big batteries continued to gain momentum in 2022, with the announcement of several significant battery projects (including NSW''s Waratah Super Battery) and $176 million of …
THE FUTURE IS ELECTRIC 1 THE ELECTRIC
Up to double New Zealand''s electricity needs are generated by renewables, with excess electricity used to generate hydrogen for export or green products (i.e., green aluminium). …
AEMO: AU$16 billion investment needed for net zero by 2050
For this, AEMO calls for AU$16 billion to be invested in several projects, all of which could recoup their investment costs, save consumers AU$18.5 billion in avoided energy costs, and deliver ...
New Zealand welcomes first big battery to national grid
New Zealand''s first utility-scale battery energy storage system has commenced operation with electricity distribution company WEL Networks confirming that …
Battery Energy Storage Market Size, Share, Growth Report, 2032 …
The global battery energy storage market size was valued at $18.20 billion in 2023 & is projected to grow from $25.02 billion in 2024 to $114.05 billion by 2032 Battery Energy Storage Market Size, Share, Growth Report, 2032
US Electric Vehicle, Battery Manufacturing Get Investment Jolt
Automaker BMW will spend $1.7B to boost production and battery support in South Carolina, as Ford commits to Ohio site for $4.2B new plant and upgrades, while feds sprinkle $2.8B for 20 other ...
New deal for Windsor EV battery plant worth $15B in tax breaks, …
New deal for Windsor EV battery plant worth $15B in tax ...
Construction industry in New Zealand
New Zealand''s construction industry significantly contributes to the country''s economy, with the industry recording a GDP contribution of over 17.5 billion New Zealand dollars in the year ending ...
ARENA backs eight grid scale batteries worth $2.7 billion
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $176 million in conditional funding to eight grid scale battery projects across Australia. Funded under ARENA''s Large Scale Battery Storage Funding Round, each battery will be equipped with grid-forming inverter …