Qatar has recently invested $1billion in power gen and water desalination plants to cope with the current urban boom and the overwhelming development of the trade and industrial sectors, says an official from Energy Qatar Company.
Iberdrola Renewables has reportedly contracted more than 700 MW of power purchase agreements (PPA) for wind energy products during 2010, and the company is looking forward to possibilities to complete 1000 MW.
Manila Electric Co (Meralco) the Philippines biggest electricity distributor, is looking for up to four potential partners to help it in its foray into the power generation sector.
CLP India said it has entered into an agreement with a group of foreign banks for finance worth $288 million to set up a 1320 MW (2x660 MW) power project at Jhajjar in Haryana.
The African Development Bank (AfDB) has approved over $1 billion to be invested in energy projects in Egypt, DR Congo, Ethiopia, Kenya and Tanzania.
China, the world’s largest energy user, may spend 11.1 trillion yuan ($1.7 trillion) in the next decade building electricity infrastructure, the 21st Century Business Herald has reported, citing a research report by the China Electricity Council.
Alstom has announced it has signed strategic agreements with major Russian energy companies to jointly provide power generation products and services for Russia's power industry.
The incoming US Congress has its sights on a clean energy standard (CES) that includes clean coal and new nuclear technology rather than a federal renewable electricity standard (RES).
The Iraqi electricity ministry has announced it is inviting bids for the construction of four power plants to boost its power generation capacity by 2750 MW.
The UK government has proposed sweeping power sector overhauls aimed at securing the billions of pounds of investment needed for low-carbon energy.