New 2.4 GW in Australia, Offshore in Brazil

Australia has approved three major wind farms, adding 2.4 gigawatts
of clean energy capacity. Brazil's president has authorized
offshore wind farms to enhance the country's renewable energy
strategy. Additionally, Swedish company Modvion unveils a
revolutionary wind turbine tower made from laminated veneer lumber.
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Lightning fast. Newsflash is brought to you by Intel Store. For
market intelligence that generates revenue, visit www.intel
store.com. Australia has greenlit three massive wind farms in New
South Wales, adding 2.4 gigawatts of clean energy capacity, the
country's environment minister announced approvals for tilt
renewables, 1300 megawatt Liverpool Range. Squadron Energy's 700
megawatt Spicers Creek and Inge 372 megawatt hills of gold
projects. These renewable powerhouses will offset 6.5. Billion
kilograms of carbon emissions yearly, a crucial step in Australia's
plan to become a green energy leader. The $838 million Liverpool
Range Project will use fewer but more powerful turbines while
Scroggins Energy, Spicer Creek development will power nearly
400,000 homes. Down in South America, Brazil's president has signed
landmark legislation authorizing offshore wind farms, boosting the
country's renewable energy strategy. The law creates incentives for
wind projects in Brazilian waters while requiring consultation with
coastal communities to respect local traditions already ranking six
globally. For onshore wind capacity, Brazil is strengthening its
clean energy portfolio, which currently provides 80% of the
nation's electricity. The president specifically vetoed provisions
that would have supported more polluting energy sources like coal
and gas plants. Over in Europe, Portuguese renewable energy, giant
EDPR is considering selling its 50% stake in ocean winds jointly
owned with France Engie. The potential sale comes as EDPR aims to
offset 550 million Euro losses in 2024, partly caused by suspended
US East Coast projects following the presidential election.
Sacramento, California based LCAP Technologies has landed a
multimillion dollar contract from a leading wind energy company for
its innovative ultra capacitor technology. LCAPs Ultra capacitor
retrofit solution replaces traditional lead acid batteries in wind
turbine pitch control systems. The deal strengthens lockout's
position as a key supplier for renewable energy infrastructure as
the global transition to clean energy accelerates. Swedish company
Ian has unveiled a groundbreaking wind turbine tower designed to
support massive 6.4 megawatt turbines. The Innovative Tower has
received official third party certification, foot to zoo,
confirming it meets international quality standards engineered for
Vestus fee 1 62 dash six. Point four megawatt machines. The tower
uses laminated veneer lumber instead of traditional steel and
concrete. Avion is now adapting the design for series production
with plans to construct towers reaching up to 219 meters that's
over 700 feet tall. The company's modular wooden design offers two
major advantages, significantly reduce carbon emissions and
elimination of transportation challenges that plague traditional
towers.