South Africa’s Department of Public Enterprises has announced that the country’s first dedicated power transmission company could be unbundled from Eskom by the end of 2023, allowing IPPs to compete directly with Eskom.
The US Energy Information Administration (EIA) has forecast that the largest increases in the USA during the summer (June, July, and August) will come from solar, wind, and natural gas-fired power plants because of new generating capacity coming online.
Duke Energy has announced it plans to invest $65 billion over the next five years to enable it to transition to low-energy carbon sources.
GE Gas Power has announced that it has completed the maintenance work, including major overhauls, on two gas turbines at Khor Al Zubair power plant in Iraq.
The European Investment Bank (EIB) has signed an agreement with Sicredi, a cooperative financial institution operating throughout Brazil, for a €200 million loan to support the installation of solar power on homes, small, and medium-sized businesses.
The Indian Government has announced through its updated National Electricity Plan that it will not consider coal-fired power plant proposals for the next five years in a bid to increase its renewable capacity.
Mytilineos Energy and Metals of Greece will acquire a C$1.7 billion project to build five solar power plants in central and southern Alberta in Canada.
Korea Western Power (KOWEPO) has successfully connected a domestically developed power generation gas turbine to the power grid, a first for South Korea.
Eneva, the Brazilian utility, has started commercial operation at its 692.4 MW Futura 1 solar complex in Juazeiro City, in Bahia state, Brazil.
The Japan Wind Power Association (JWPA) has set a goal for the country to increase capacity to 140 GW by 2050, from less than 5 GW now, to meet a third of the country’s electricity demand and help it achieve its 2050 carbon neutrality target.