Japan’s SoftBank Group Corporation has announced that it will invest between $60-100 billion in solar power generation in India.
According to a report from the news agency Bloomberg, Siemens is considering a number of strategic options including a potential sale of its large gas turbine business.
Tata Power Renewable Energy has announced that it has entered into a power purchase agreement (PPA) with GE to provide solar power solutions for six manufacturing and services sites in India.
UK Power Reserve and Fluence have partnered to deliver the first phase of UK Power Reserve’s 120 MW battery storage portfolio.
ACWA Power, a developer, owner, and operator of power generation and water desalination plants, has signed a Memorandum of Understanding (MoU) with China Energy Engineering Corporation Limited (Energy China) during a ceremony in Dubai.
Xcel Energy Colorado has announced a new power plan that the utility said could save customers $215 million, cut carbon emissions by half, and increase renewable energy sources to 55 per cent of its energy portfolio by 2026.
Zimbabwe has closed $1.4 billion funding for a 600 MW expansion project at the coal-fired Hwange power plant, drawing on financing from China’s Eximbank.
Siemens and the Scottish energy company SSE have announced that they will collaborate to build Keadby 2 in Lincolnshire, UK, which will be a highly-efficient gas-fired power plant, achieving 63 per cent efficiency.
The UK Government has announced that it has reached an agreement with Hitachi to invest £5 billion into the Wylfa Newydd nuclear power plant in Wales.
Research by the renewables policy organisation REN21 has shown that a record amount of renewable power capacity was installed worldwide in 2017 as the cost of wind and solar became even more competitive with fossil fuels.