Vibrant Energy, an Indian renewable energy developer, has won funding of $268 million from Power Finance Corporation.
India’s Central Electricity Authority has announced an update for its National Electricity Plan (NEP) that cites a need for a large expansion of new coal-fired power generation capacity.
The European Commission is proposing new measures to help the EU power grid adapt to changes in demand, aiming to reduce reliance on fossil fuels and enable more renewables to come online.
The Mexican government has agreed to buy 13 power plants from Iberdrola of Spain in a deal valued at $6 billion. Andres Manuel Lopez Obrador, President of Mexico, said that the agreement will give state-owned power company Comision Federal de Electricidad (CFE) majority control over the electricity market.
The Indian Government has announced that it will issue tenders for the installation of 250 GW of new renewable power generation capacity by March 2028.
Herman Galushchenko, Ukraine’s Energy Minister, has said that the country aims to increase the share of renewable energy in its power generation mix to 50 per cent to boost energy security.
India and Sri Lanka have agreed to jointly build a 135 MW solar power plant in Sri Lanka’s eastern port of Trincomalee.
Siemens Energy, in a consortium with FATA, part of the Danieli Group, has won €1 billion contract from the Italian transmission system operator Terna to supply four converter station for the Tyrrhenian Link project in Italy.
According to the US Energy Information Administration (EIA), electricity generated in 2022 from renewables exceeded that from coal for the first time.
South Africa’s Eskom returned two hydropower plants to Uganda’s government after Ugandan authorities declined to renew its licence.