Joseph Tegbe, Nigeria’s Minister of Power, said the Nigerian government has approved a $2 billion investment in a new East-West Super Grid designed to strengthen the country’s electricity transmission network and provide at least 19 GW of additional capacity.
Vietnam’s Ministry of Industry and Trade (MoIT) aims to cut peak electricity demand in its northern region by around 3000 MW in 2027, as power consumption continues to rise while new baseload generation remains years away.
Anthropic, the US AI company, has signed a $3.4 billion contract to purchase natural gas-fired power generators from OnePower Solutions. The total combined capacity of the generators will be 1.7 GW.
The Democratic Republic of Congo is seeking $12 billion investment over the next five years to address electricity shortages that are constraining its mining industry. The Congo government wants to attract financing from the World Bank.
Mitsubishi Power has signed a contract with Triton Power to deploy its Upgraded Dry Low-NOx combustion technology on M701F gas turbines at the 1200 MW Saltend Power Station in Hull, UK. The project will significantly reduce emissions and help to extend the operational life of the upgraded M701F gas turbines, which entered commercial operation in 2000.
Bharat Heavy Electricals Limited (BHEL) has announced that it has won four orders from Adani Power for power generation projects, each of which is valued at €500-700 million.
Experts have expressed concern that Korea Electric Power Corporation (KEPCO)’s financial costs will rise sharply as the war in the Middle East pushes natural gas prices ever higher.
The Bangladesh government has announced plans to construct a 70 MW grid-connected solar power plant on 171 acres of unused land within the Matarbari coal-fired power plant complex in Meheshkhali, Cox’s Bazar. The project is scheduled for completion by 2028.
GE Vernova has announced that it has signed an agreement to acquire Trench Group, a producer of high-voltage grid equipment, from investment firm Triton Partners.
Japan’s Industry Ministry has signed a memorandum of cooperation with Siemens Energy to jointly promote floating offshore wind power projects in Japan.