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.
Hawaii closes its only coal-fired power plant on 1 September, a step towards transitioning the US state entirely to renewable energy by 2045.
Sohar Aluminium has signed a 10-year services contract for GE Gas Power to provide repairs, maintenance, and parts for four GT13E2 gas turbines and four generators at its site in Oman.
Rosatom has announced that it has been granted a licence to construct two units at the Paks II nuclear power plant site by the Hungarian Atomic Energy Authority (OAH).
Hyundai Engineering has signed a contract with Ultra Safe Nuclear Corp. (USNC) of the USA to supply equipment for the Canadian Chalk River micro modular reactor (MMR) demonstration project.
German energy company RWE has acquired Polish PV development company Alpha Solar, which has a 3 GW utility-scale solar project pipeline.
Japan is considering building next generation nuclear reactors and restarting idled plants.
QatarEnergy has awarded a $630 million contract to Samsung C&T to build two solar power plants with a combined capacity of 875 MW.
Germany is restarting a second coal-fired reserve power plant as the country tries to conserve gas supplies for the coming winter.