Toshiba has announced that it is pulling out of the £15 billon Moorside nuclear power plant project in West Cumbria, UK.
South Korea capped operations of some coal- and oil-fired power plants at 80 per cent on 7 November, as most cities, including the capital Seoul, issued an air pollution advisory.
Shanghai Electric Gas Turbine Company and Ansaldo Energia have signed a contract worth about €60 million for the supply of the first Ansaldo Energia H-class GT36 gas turbine for the Minhang combined cycle power plant in China.
The MENA Power Industry Outlook 2019, a report prepared by Ventures Onsite, says that the GCC region is expected to require power infrastructure investment totalling $109 billion over the next five years.
The group of Manuel V. Pangilinan (MVP) has said that it is interested in the possible purchase of the four 135 MW coal-fired units at the Kauswagan plants in Mindanao in the Philippines being sold by AC Energy.
Egypt signed a deal on 1 November 2018 with ACWA Power of Saudi Arabia to build a power plant in southern Egypt involving an investment of $2.3 billion, according to a statement from Mohamed Shaker, the Egyptian electricity minister.
Siemens Gamesa has won orders from ReNew Power, India’s largest renewable energy IPP, for construction of two wind farms in India.
The UK Government announced in its autumn budget that it will freeze its domestic CO2 tax on electricity generation at £18/mt until 2021.
Vattenfall of Sweden has plans to convert its German-based coal-fired power plants to gas or biomass to meet the government’s deadline of phasing out coal-fired power plants.
Spain’s new Government has scrapped a tax that had been widely criticised for undermining the development of solar power.