TenneT to sell or list German assets
A sale of the assets for as much as €25 billion has been close to completion several times but encountered German budget difficulties.
A sale of the assets for as much as €25 billion has been close to completion several times but encountered German budget difficulties.
The 960 MW He Dreiht offshore wind farm, worth €2.4 billion, is being developed by EnBW.
The company is responding to the rapidly increasing global demand for transformers and energy technology.
Once completed, the project will generate enough electricity to supply around 475000 homes annually.
The six-turbine Jüchen A 44n wind farm was rebuilt following the discovery of structural defects in the concrete parts of the hybrid towers of the original turbines.
The funds are necessary for modernisation of the grid
At the moment, the power plant is Europe’s largest operational PV project.
The sale of Trench from Siemens Energy to Triton has been successfully completed.
The funds will be used for overhead power lines, on- and offshore cables, substations and other technologies.
A sales increase of around 9.5 percent and significant investments lay a stable foundation for further sustainable global growth and structural realignment.
The deal is worth about €1.2 billion.
Hitachi Energy will invest over €30 million in its power transformer manufacturing facility in Bad Honnef, Germany.
thyssenkrupp Electrical Steel has received the largest ever order from Siemens Energy for bluemint® powercore® for 700 transformers in offshore wind turbines from its wind business Siemens Gamesa.
Siemens Energy could boast successful results for Q1 of FY2024.
The Federal Maritime and Hydrographic Agency (BSH) has approved the offshore grid connection system for TenneT’s BorWin5 and BorWin epsilon in the North Sea.
German maritime authority BSH has approved two offshore grid connection projects to deliver power from up to 1.2 GW of turbine capacity in the North Sea and Baltic Sea.
Construction has started on TenneT’s SuedOstLink grid connection, which will supply Bavaria with wind power from the north and east of Germany from 2027.
Kyon Energy received approval for a 137.5 MW/275 MWh battery project that will be located near a substation.
Amprion has awarded GE Vernova’s Grid Solutions business a contract for 12 power transformers as part of grid upgrades to accommodate more renewable generation.
The construction of the SuedLink power transmission line, pivotal for energy transition in Germany, has started.
SPIE is working with the UKA Group to plan and install a transformer station fed by various renewable energy facilities in the region.
Germany: Amprion and E.ON have implemented the decentralized grid booster, integrating modular battery storage systems into E.ON’s distribution grid.
Germany, Saltzgitter: Salzgitter AG has commissioned Siemens Energy to build a new substation for Salzgitter Flachstahl GmbH’s power supply.
Germany, Schleswig-Holstein: TenneT recently awarded contracts for the installation of 525 kV HVDC cable systems in 10 projects.
Kenya, Nairobi: German Chancellor in Kenya has launched upgrading projects at the Olkaria geothermal plant, providing $76.4 M (€70 M) co-funding.
Germany, Ottobrunn, TE Connectivity (TE) has announced its Wildlife and Asset Protection solutions suite for the power sector.
Germany, Biblis: GE and RWE have announced the official inauguration of the Biblis power plant, which was commissioned in early March.
Germany: A consortium of Siemens Energy and Spain’s Dragados Offshore has signed a contract with TenneT for HVDC transmission technology.