South Africa is intensifying efforts to address its energy deficit by accelerating plans for 3 GW of gas-fired power generation.
TransAlta has announced that it has acquired Canadian-based Heartland Generation for $658 million, which includes the assumption of $268 million of debt.
The EU plans to invest €60 million in upgrading one of Uganda’s largest hydropower plants, helping to plug a financing gap for the country’s energy infrastructure.
NHPC has announced its intention to acquire 1.5 GW of wind-solar hybrid power projects across India.
Researchers at MIT and Harvard University have developed an efficient process to convert carbon dioxide into formate, a stable material that can be used as a fuel for generating electricity in fuel cells.
Patrick Udechukwu, a former Senior Vice President of Gas Commercialisation at Genesis Energy, has said that Nigeria needs a good transmission ownership model to improve power services in the country.
The European Bank for Reconstruction and Development (EBRD) has announced it is financing construction of a 240 MW wind power plant in east Azerbaijan.
The World Bank has announced that its board has approved a $1 billion loan to help South Africa reform its energy sector, as the country tries to overcome regular power cuts that have curbed economic growth.
New York Governor Kathy Hochul has announced that largest state investment in renewable energy in US history.
Siemens Energy has announced it will deliver the first-ever hybrid grid stabilisation and large-scale battery storage plant at Shannonbridge in Ireland.