Eight former US Federal energy regulators, including five former commission chairs, oppose the plan put forward by the Trump Administration to bolster coal-fired power plants, saying that the plan will raise energy prices and disrupt electricity markets.
Fortum of Finland has hired Barclays Bank to sell a stake in its operational solar power projects in India.
South Korea is likely to resume construction of two nuclear power reactors, after a state commission reported that nearly 60 per cent of participants supported this action.
Siemens has signed a Memorandum of Understanding with the Republic of Madagascar to cooperate and identify measures to fast track power generation in the country and work towards increasing capacity by an additional 300 MW by 2019.
Norway’s Saga Energy has signed a $2.9 billion deal to build solar power plants in Iran.
The University of Texas at Austin has issued a report that shows that wind power generation capacity in Texas may have already surpassed coal-fired capacity in the state, and wind will almost certainly overtake coal by early next year.
Iran’s electricity exports rose nearly 25 per cent in the first six months of the current fiscal year (March to September) compared to the same period a year ago, according to Houshang Falahtian, Iran’s Deputy Energy Minister.
The UK Government has published its Nuclear Safeguards Bill to establish a domestic nuclear safeguards regime in preparation for the country’s departure from Euratom.
Siemens Gamesa Renewable Energy (SGRE) has inaugurated its new wind turbine rotor blade factory in Tangier, Morocco, the first blade plant of a wind turbine manufacturer in Africa and the Middle East.
The Union of Concerned Scientists (UCS) has released a report identifying 2.6 GW of coal capacity across just six Midwest states in the USA that are considered uneconomic, raising the possibility that these plants will be closed in the near future.