The Pakistan Government has announced that several fiscal and financial incentives have encouraged private investors to undertake 35 renewable energy power generation projects with an investment of over $3.5 billion.
Data from the Energy Information Administration (EIA) of the USA showed that coal-fired power generation totalled 87.98 GWh in October, down 9.6 per cent from September, and down 2.6 per cent from October 2017.
China has approved its first large battery storage pilot project as it seeks to maximise renewable energy output and improve grid stability.
Siemens has announced the completion of Samanoud and Aboul Matameer, two substations in Egypt built to transmit electricity from the Burullus power plant to the national grid.
An agreement for the financing, design, construction, operation, and maintenance of the Atinkou power plant near Abidjan, Côte d’Ivoire, has been signed by the Government of Côte d’Ivoire and the Eranove Group.
GE Renewable Energy has announced that it has been selected by ReNew Power, India’s largest renewable energy IPP, to provide 120 GE 2.5-132 turbines for the Gadhsisa Wind Farm in Gujarat, India.
Abu Dhabi’s Mubadala Investment Company and Dubal Holding have announced plans to set up a joint venture to develop a power and water desalination plant in Dubai.
Unit 1 of Taishan Nuclear Power Plant in China has completed its final regulatory test of continuous operation and full power for 168 hours, enabling the start of commercial operation.
Hitachi has reached a deal to acquire ABB’s power grid business for an estimated $7 billion.
Tanzania’s President John Magufuli has announced that his Government will sign a deal for the construction of a $3 billion hydroelectric power plant.