GE and UK Export Finance (UKEF), UK’s export credit agency, have announced that agreement has been reached to finance Kalyon Enerji’s 1.35 GW Karapinar solar project located in Konya Karapinar province in Turkey.
RWE has announced that it will double its renewable energy generation capacity to 50 GW by 2030; it said that it would invest €50 billion to achieve this expansion.
Zulkifli Zaoni, Chief Executive of Indonesian state utility Perushaan Listrik Negara (PLN) said that Indonesia’s coal consumption for power generation will rise by 3.1 per cent in 2022 compared to 2021.
China Huaneng Group has announced that the No 2 reactor of Shidaowan nuclear power plant in Shandong Province, east China, has achieved criticality.
Ethiopia has announced that its Grand Renaissance Dam will start generating 700 MW next year, boosting the country’s installed power generating capacity by 14 per cent.
Rolls-Royce business unit Power Systems has announced that it has signed agreements with Chinese partners and customers from four industrial sectors: power generation, construction and industrial, mining, and rail.
The Asian Infrastructure Investment Bank (AIIB) has approved a $100 million loan to ACWA Power Sirdarya to support the construction of a 1.5 GW CCGT power project in Uzbekistan.
£195 million of private sector funding has been raised to develop the Rolls-Royce SMR by Exelon Generation and the Rolls-Royce parent group BNF Resources UK.
The Spanish Ministry for Ecological Transition and the Demographic Challenge has launched a tender process to offer grid access for 1202 MW of renewable energy projects in the region affected by the closure of a coal-fired power plant in Aragon.
Over 40 countries have agreed at the COP26 climate summit to phase out their use of coal-fired power generation.