Wind
Dec 4, 2024
HMC Capital Invests $950 Million in Australian Renewable Energy Portfolio
HMC Capital has announced a $950 million investment to acquire Neoen’s wind, solar, and battery assets in Victoria, Australia, as part of a new fund aimed at supporting the country’s energy transition to meet federal renewable targets by 2030.
Led by Angela Karl, the fund aims to raise an initial $2 billion and has already secured 652 MW of operational assets and a pipeline exceeding 2,800 MW of projects. The acquisition includes significant assets such as Victoria’s “big battery” and the Bulgana wind farm. HMC’s energy transition fund, chaired by former Prime Minister Julia Gillard, seeks to build a 15 GW portfolio to support a greener energy future. Challenges include delays in transmission network development and the scale of construction required. HMC is also exploring long-duration battery technologies to enhance grid reliability during the shift away from fossil fuels. Read more.
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Wind
May 19, 2025
Empire Wind Project Resumes Construction After Trump Administration Lifts Pause
The Trump administration has lifted its stop-work order on Equinor’s $5 billion Empire Wind project off New York’s coast, allowing construction to resume on a wind farm expected to power over 500,000 homes by 2027.
wind
May 6, 2025
Wind Power Made More Practical with 3D Printing
UC Irvine’s AM³ Lab is deploying robotic 3D printing of novel concrete materials—eliminating traditional formwork and on-site casting—to build ultra-tall wind-turbine towers and components, reducing steel use, labor, and transport challenges while enabling advanced designs for both onshore and offshore applications.