Shell has announced that it plans to acquire Sprng Energy for $1.55 billion, a renewable energy company in India owned by the investment firm Actis.
Botswana has invited bids from IPPs to build a 200 MW solar PV power plant to boost power generation and increase the proportion of renewable energy.
GE Renewable Energy’s Hydro and Grid Solutions businesses have jointly signed a contract to upgrade the 14 GW Itaipu hydropower plant in Brazil and Paraguay.
Following the UK announcement that it is planning to build eight new nuclear power plants by 2050, the UK and South Korea are in talks regarding nuclear power plant construction.
Singapore renewable energy firm Vena Energy has selected Offshore Design Engineering ODE) as the owner’s engineer for its 384 MW Yokji offshore wind farm in South Korea.
Ghana has ordered its first waste-to-energy power plant at Gyankobaa in Atwima Nwabiagya South Municipality in Ashanti.
Finnish consortium Fennovoima has terminated a contract with Russian group Rosatom to build the 1200 MW Hanhikivi 1 nuclear power plant in northern Finland.
Research by the consultancy firm McKinsey & Company says that the energy transition is accelerating, with the share of renewables in global power generation expected to double over the next 15 years, and fossil fuel demand projected to peak before 2030.
Schneider Electric has announced that it will divest its operations in Russia and Belarus to local management.
Wärtsilä has announced that it will supply equipment for a major bio-LNG facility in Germany.