The African Development Bank (AfDB), the French Development Agency (AFD), and the EU have agreed to provide $300 million to the government of Tanzania to build the 87.8 MW Kakono hydropower plant.
Finland’s much delayed new nuclear reactor, Olkiluoto 3, has completed a test phase lasting more than a year and has entered commercial operation.
GE has won an order for its H-Class gas turbine technology from Eneva, the largest private natural gas operator in Brazil.
A report by the climate and energy think tank Ember has said that wind and solar energy reached a record 12 per cent of global electricity generation in 2022, up from 10 per cent in 2021.
China Energy Engineering Group has proposed to construct a 1200 MW floating solar PV plant on Lake Kariba to help alleviate Zimbabwe’s electricity crisis.
South Korea and UK have agreed to strengthen cooperation on nuclear power and clean energy.
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.