U.S. private equity firm Cerberus Capital Management has expressed interest in acquiring the lease to Australia’s strategically vital Darwin Port, according to a senior executive at Landbridge, the Chinese company currently operating the port.Terry O’Connor, non-executive director for Landbridge in Australia
Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, increasing the cumulative global total to 8 TWac, as the world endeavours to electrify economies and meet decarbonisation targets