ACWA Power and China’s Silk Road Fund have signed a share purchase agreement for the 1.5 GW Sirdarya CCGT facility in Uzbekistan.
Tlou Energy is constructing a coal bed methane (CBM) extraction and power generation plant at Lesedi in Botswana.
Nine nations bordering the North Sea have announced plans to massively increase offshore wind power in the coming decades as part of an effort to both combat climate change and to become independent of fossil fuel imports.
A spokesman for President Abdel Fattah El-Sisi of Egypt said that the country was considering cooperation with Norway’s Scatec for construction of a 3 GW wind power generation project and other renewable energy projects.
Thailand’s Gulf Energy Development has announced that it has invested $409 million to acquire a 49 per cent stake in Jackson Generation, a 1200 MW gas-fired power plant in Illinois, USA.
The think tank Ember Climate has produced a study showing that EU countries have generated record levels of solar power during the summer months.
China’s drought has caused it to increase coal consumption as lack of hydroelectric generation forces it to turn to coal to meet electricity demand.
Robert Habeck, Germany’s Economy Minister, has announced that Germany will keep two of its three remaining nuclear power stations on standby until April 2023, to ensure sufficient electricity supply through the winter.
EU energy ministers are to discuss special measures, including natural gas price caps and a suspension of power derivatives trading, to keep rising energy costs under control.
EDP Brazil has agreed to sell its 198 MW Mascarenhas hydropower plant to Victory Hill Global Sustainable Energy Opportunities (GSEO) of the UK for $235 million.