Sydney-based renewables outfit Energy Estate has revealed plans to launch a $500 million-plus capital raise to accelerate the roll-out of its development pipeline, which includes large-scale solar PV and wind, green hydrogen and pumped hydro projects. Since its formation in 2018, Energy Estate has announced plans to co-develop more than 30 GW of large-scale projects, including solar PV, long-duration energy storage, wind, and hydrogen production.
Digitalization has transformed the power sector over the past two decades. From lower monthly utility bills to reduced outages and faster response times, it has enabled greater transparency into operations and increased efficiency and reliability while decreasing costs. However, in order to meet sustainability goals, this trend must translate into the undeniably beneficial wind sector, from widespread wind farm construction to O&M, to reduce cost and financial risk while accelerating the energy transition.
Apple today announced that its suppliers more than doubled their use of clean power over the last year, with over 10 gigawatts operational today out of nearly 16 gigawatts in total commitments in the coming years. In 2021, these renewable projects avoided 13.9 million metric tons of carbon emissions. The projects online today will support greenhouse gas reductions equivalent to removing 3 million cars from the road for one year.