The Nepalese Government has awarded power generation licenses to three hydropower projects with a combined capacity of 36.36 MW. The promoters of the projects have been asked to complete their financial closures for project development within a year.
A study by Bloomberg New Energy Finance (BNEF) suggests that unsubsidized renewable energy is a cheaper option for electricity generation in Australia than new coal- or gas-fired power stations.
Chris Bale, from the Nigerian conglomerate Honeywell Group, has announced that the group has signed a Memorandum of Understanding with GE for the construction of a power generation facility.
Total power generation in the Independent System Operator (ISO) of New England, USA, fell by 2.8 per cent compared with the same month in 2012, according to data released by the grid operator.
German gas-fired generation fell by 27 per over the last year according to figures from the National Association of Energy and Water (BDEW).
Axel van Trotsenburg, the East Asia and Pacific Vice President of the World Bank, has said that improving electricity supply is a key development priority requiring public and private investment.
The Scottish Government has announced a new target to decarbonise electricity generation, as First Minister Alex Salmond outlined that the country will seek to reduce carbon dioxide production by over 80 per cent by 2030.