According to a report from Moody’s Ratings, “India will require $190-$215 billion of investment over the next seven years to achieve the target of 500 GW of renewable energy capacity by 2030.”
Researchers at MIT in Massachusetts, USA, have developed what they claim is a means of storing electricity inside modified concrete.
Ukraine is in discussions with Türkiye to lease power plants ships for deployment at strategic locations on the Odesa and the Danube regions.
Rystad Energy, a Norwegian energy intelligence company, has reported that solar energy is set for significant growth in the Middle East.
The new Dutch government has said it will support construction of four new utility-scale power reactors as part of a programme to triple the amount of government money devoted to the funding of nuclear projects.
The European Bank for Reconstruction and Development (EBRD) will provide €300 million towards the enhancement of Ukraine’s energy facilities under a newly signed agreement.
Mitsubishi Heavy Industries (MHI) and the Electricity Generating Authority of Thailand (EGAT) have signed an MOU to conduct research on the introduction of hydrogen co-firing technologies for gas turbine power generation facilities in Thailand.
Nigeria’s Power Generation Companies have stated that over $2 billion owed to them is threatening their operations and failure to resolve the crisis will lead to the collapse of electricity generation in the country.
Geregu Power and Siemens Energy have signed an MOU to jointly develop solutions to increase capacity at Geregu 1 power plant in in Ajaokuta, Koji, Nigeria.
Officials say South Korea plans to build up to three new nuclear reactors by 2038 in line with efforts to cut CO2 emissions and meet growing electricity demand.