The Electricity Generating Public Company Limited (EGCO), Thailand’s first power generation IPP, has started commercial operation of the Nam Theun 1 hydropower plant in Laos.
Dang Hoang An, Vietnam’s Deputy Minister of Industry and Trade said: “Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid.”
Shell has concluded its $1.55 billion acquisition of Indian renewable energy developer Sprng Energy from investment firm Actis.
Baker Hughes has announced that it agreed to acquire the power generation unit of Brush Energy from private equity investors One Equity Partners.
Ukraine has claimed that Russian forces fired rockets on 6 August at a spent fuel storage area at the Zaporizhzhia nuclear power plant in southern Ukraine, risking what Energoatom, the country’s nuclear power company, called a “nuclear disaster”.
Tenaga Nasional Berhad (TNB) of Malasia announced that it aims to install over 14 GW of renewable energy capacity by 2050 and retire some of its coal-fired assets earlier than planned.
Hitachi Energy has won an order from TenneT and TransnetBW, two of Germany’s four transmission system operators, to supply a transmission solution for the SuedLink DC4 HVDC interconnection between the north and south of the country.
Iberdrola of Spain has reached a preliminary agreement with Augusta Energy to acquire a 98 MW wind and solar project portfolio in Poland.
The US Nuclear Regulatory Commission (NRC) has agreed to certify the first SMR, from NuScale.
Following Russia’s cutting of gas supplies to Europe, German Finance Minister Christian Lindner has called for a halt to electricity production using gas and delaying the phaseout of nuclear power.