China’s EXIM Bank has issued a warning to the Bangladesh-China Power Company Ltd (BCPCL) that a failure to repay a $129 million loan instalment for the 1320 MW Payra coal-fired power plant due in early December could trigger a formal default, potentially affecting other projects in Bangladesh financed by the bank.
Following last week’s Russian attacks, the International Atomic Energy Agency (IAEA) has reported that three Ukrainian nuclear power plants have resumed normal operations and are operating at full capacity. Damaged high-voltage power lines have been restored.
Ørsted has announced that the Irish government has awarded rights to develop a 900 MW offshore wind farm to a joint venture between it and Irish utility ESB.
Brazil’s National Electric Energy Agency (Aneel) has authorised Casa dos Ventos to operate new wind and solar farms in the northeast region of Brazil.
Alparslan Bayraktar, Türkiye’s Energy Minister, has announced that Türkiye and the World Bank have begun talks for $6 billion in financing to upgrade the country’s electricity transmission system.
During the G20 Africa Energy Investment Forum, African leaders stated that Africa’s path to future-ready energy systems depended on leveraging both fossil fuels and renewables.
The Mexican Government has released its latest energy assessment, in which it states an expectation that nearly 70 per cent of all new installed capacity between 2025 and 2030 will come from renewables.
Iraqi Prime Minister Mohammed Shia al-Sudani has announced a 20-year plan to increase electricity capacity by 57 GW through agreements reached with Siemens and GE, as well as the increased use of renewable energy.
The municipality of Kakanj in Bosnia and Herzegovina has requested that the local coal-fired power plant be restricted to supplying thermal energy for district heating only, due to recent record air pollution levels.
China’s JinkoSolar has signed a 300 MW supply agreement for its high-efficiency Tiger Neo 3.0 PV modules with Japan’s DMM Corporation.