According to a report from the IEA, 50 per cent more renewable capacity was added globally in 2023 than in 2022, and it predicts that the next 5 years will see the fastest growth in this sector ever, giving it the opportunity to achieve the goal of tripling global capacity by 2030 set at COP28.
Ecuador’s national assembly has approved a bill proposed by President Daniel Noboa to increase electricity generation and attract foreign investment to the sector.
PJM Interconnection, the largest US power grid operator, has asked Talen Energy to postpone retirement of four fossil-fuel-powered plants in Maryland by three years, citing reliability concerns.
Premier Energies, the Indian solar cell and module maker, has won an order from India’s state-run power producer NTPC to supply hardware for a 608 MW solar PV project.
GE Vernova’s Gas Power business has announced it has won an order from CS Energy, an energy company owned by the Queensland government, for 12 LM2500XPRESS gas turbines for a new power station in the Western Downs Region, west of Brisbane, in Queensland, Australia.
The UK Government has announced it will invest £300 million into creating specialist fuel for the next generation of nuclear reactors.
GE Vernova’s Gas Power business and Iberdrola Mexico have announced the successful start of commercial operation of Topolobampo III power plant, in the Mexican state of Sinaloa, close to the Topolobampo natural gas pipeline.
Rafeal Grossi, Director General of the International Atomic Energy Agency (IAEA) has said that his inspectors are being denied access to parts of Ukraine’s Russian-occupied Zaprizhzhia nuclear power plant and had yet to receive 2024 maintenance plans for the facility.
REN, Portugal’s national grid operator, said that the country obtained a record amount of its power from clean energy sources in 2023, with renewables accounting for 61 per cent of power use.
Shanghai has announced that it has commissioned the Shidaowan demonstration nuclear power plant project equipped with Fourth Generation technology in Shandong province, China.