India’s coal-fired power output has surged much faster than any other country in the Asia-Pacific region since Russia’s invasion of Ukraine.
Doosan Enerbility has signed a $1.2 billion contract with Korea Hydro and Nuclear Power (KHNP) to construct the turbine island at the El Dabaa Nuclear Power Plant in Egypt.
Indonesia has signed a deal with the G7 group of industrialised countries on a $20 billion financing package to help it speed up its transition from fossil fuels to renewable energy.
The Powering Past Coal Alliance (PPCA) has reported that countries within the Organisation for Economic Cooperation and Development (OECD) are on track to close over 75 per cent of coal-fired electricity generation by 2030.
Canadian renewable energy company NeoGreen Hydrogen and Portuguese developer of solar PV parks Frequent Summer have announced that they plan to invest €1 billion in a green hydrogen plant in Portugal.
The USA and Ukraine have announced the launch of a project to construct an SMR in Ukraine.
Romanian Prime Minister Nicolae Ciuca has announced that two new reactors will be built at Cernavoda nuclear power plant in the southeast of the country after Romania arranged two loans from the US.
Nine countries joined the Global Offshore Wind Alliance (GOWA) at the UN COP27 climate summit to encourage the development of offshore wind power.
Equinor and Hitachi Energy are forming a partnership to pursue electrification, renewable power generation, and low-carbon initiatives globally.
The World Bank has approved a $497 million loan facility to Eskom for the repurposing of Komati Power Station.