Rowena Cristina Guevara, Energy Undersecretary for the Philippines, said that nine coal-fired power projects with a combined capacity of 2255 MW will become operational in the next three years.
The US International Development Finance Corporation (DFC) approved a $99 million loan to help finance Mozambique’s first utility-scale wind-power project.
GE Hitachi Nuclear Energy (GEH) has submitted a tender response, as part of Great British Nuclear’s (GBN) ongoing SMR selection competition, providing documentation regarding its BWRX-300 SMR technology.
Germany plans to tender for 12.5 GW of hydrogen-ready gas-fired power plants by the end of 2024, in response to pressure to accelerate the energy transition.
South Africa’s state power company Eskom is set to publish figures showing a $823 million annual loss. Eskom, which recorded a loss of $1.25 billion in 2023, will release the full financial results for the year to March later this year.
Renewable electricity accounted for 65 per cent of Germany’s electricity supply in the first half of 2024, at 140 TWh, according to data from the Fraunhofer Institute for Solar Energy Systems.
India’s solar power generation grew at its slowest pace in six years over the first half of 2024, according to data from the country’s federal grid regulator, as India stepped up reliance on coal to meet power demand.
Energy storage company ESS, based in Oregon, USA, has announced that it will treble production following receipt of a $50 million investment from the Export-Import Bank of the United States (EXIM) under the Make More in America initiative.
A report from the climate and energy think tank Ember says that coal accounts for an increasing share of electricity generation in the Philippines and Indonesia, which have become the world’s most coal-dependent nations, overtaking Poland and China which have both reduced their dependence.
GE Vernova has secured an order for six 7HA.03 gas turbines and two 7W.03 gas turbines from the EPC company SEPCOIII Electric Power Construction (SEPCOIII) for two new power plants in Saudi Arabia.