South Korea plans to start a shift away from thermal and nuclear power generation towards a larger proportion of renewable energy, aiming to reach 40 per cent share by renewable energy by 2034, up from the current 15 per cent.
The Asian Development Bank (ADB) has signed a $7.2 million loan with Lomligor Company, a subsidiary of BCPG Public Company Limited, to finance a 10MW wind power plant in southern Thailand.
Sumitomo Electric Industries, Ltd. (Sumitomo Electric) has been awarded a major HVDC underground cable project, Corridor A-Nord, by the German Transmission System Operator, Amprion GmbH.
The US Department of Energy (DOE) has announced awards to two teams to develop tools to transform the O&M of advanced nuclear reactors through the use of artificial intelligence-enabled digital twins using the GE Hitachi (GEH) BWRX-300 small modular reactor as a reference design.
Despite a projected decline in total US electricity generation cause by the Covid-19 pandemic, the US Energy Information Administration (EIA) predicts that renewable energy sources will produce significantly more electricity in 2020.
Siemens Gamesa will supply and commission a hybrid energy project in Puerto Galera on the island of Mindoro in the Philippines.
South Korea plans to shut a total of 15.3GW of coal-fired capacity by 2034, according to a draft of the country’s ninth basic electricity plan.
GE Digital has launched a new version of its DER Orchestration software to enable utilities to manage Distributed Energy Resources (DERs) in an end-to-end manner via flexible deployment options ranging from Edge to Cloud.
South African state-owned power utility Eskom is in the process of mending the technical faults that led to the environmental breaches at the coal-fired Kendal Power Station.
Siemens Gamesa Renewable Energy’s (SGRE) performance in the second quarter of FY2020 (January to March) reflected the unexpected effect of the COVID-19 pandemic on operations and commercial activity, with a direct impact of €56 million on the company’s profitability.