Dr. Sam Amadi, Chairman of Nigeria Electricity Regulatory Commission (NERC), has expressed his regrets that despite considerable efforts to increase generation, the country has only been able to achieve a capacity of 4000 MW, when it actually needs over 20 000 MW.
Essar Power has announced that it intends to invest $8 billion over the next three years constructing 8000 MW of thermal power projects in India.
Ameren has said that it will shut down two power plants in Illinois by the end of the year because of the cost of complying with new pollution rules from the Environmental Protection Agency.
Iraq’s cabinet has approved deals with South Korea’s Hyundai Engineering Company and Greece’s Metka to build power plants in the southern oil hub of Basra.
Renewable electricity contributed an all time high of 9.6 per cent of the UK's power generation mix in the second quarter of this year, statistics released by the UK Department of Energy and Climate Change have revealed.
Russian gas giant Gazprom, which has recently begun actively studying power generation markets in Europe, is also interested in being part of electricity generation and sales in Northeast Asian countries.
Kansai Electric Power Co (Kepco) has said that it plans to borrow $1.7 billion to pay the higher costs of thermal power generation, which has increased with the lack of availability of its nuclear plants pending Japan’s safety review.
China is to strengthen its emission standards for thermal power plants, a main source of pollution, as it strives to combat worsening environmental degradation.
Azerenergy, Azerbaijan's largest power company, intends to increase the country's power grid capacity by 1400 MW by late 2012, Azerenergy Investment Office Chief Rafael Abbasov has said at a conference.
The Board of Directors of the Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, has approved up to $310 million in financing for a project to increase the capacity of the Olkaria geothermal power plant in Kenya from 48 MW to 100 MW.