The European Bank for Reconstruction and Development (EBRD) has approved a $31.6 million loan to Desert Solar Power One (DSPO) to fund construction of a 30 MW solar power plant in Mongolia.
The US Department of Energy’s (DOE) Office of Fossil Energy has issued a Request for Information (RFI) for input on the development of small-scale, modular coal-based power plants for the future.
Siemens has said that the weakness in the world power generation market has resulted in it taking the decision to temporarily close its Power and Gas Division operations around the world.
The Bangladesh Power Development Board (BPDB) has signed a joint venture agreement with China Huadian Hong Kong Company Ltd (CHDHK) to construct a 1320 MW coal-fired power plant in Maheshkhali, Cox’s Bazar, Bangladesh at an estimated cost of $2 billion.
The New York Independent System Operator (NYISO), the grid operator for the state of New York, USA, has said that it projects a decline of power demand at a rate of 0.14 per cent annually until 2028.
Data from the German Federal Network Agency (BNetzA) indicates that on 1 May, Germany’s renewable power production exceeded the country’s electricity demand.
Mitsubishi Heavy Industries has announced that it will consolidate for fossil-fuel power equipment in Japan and the USA in order to keep with an expected downturn in demand amidst a broader global shift to renewable energy.
Alinta Energy has made a formal offer to buy AGL’s Liddell coal-fired power station, in New South Wales, Australia, for AU$250 million.
Siemens has announced that its SGT-700 gas turbine has entered the Chinese distributed generation market for the first time.
China has started fuel loading at Westinghouse Electric Co’s first next-generation nuclear reactor at Sanmen nuclear power plant in Zhejiang province after getting approval from the Chinese Government.