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.
Bechtel has signed MOUs with 12 companies in Poland for the potential development of two nuclear power plants.
Wärtsilä has won a contract from Kahraba, a subsidiary of Egypt Kuwait Holding, in which Wärtsilä will supply an additional 20 MW to the existing Borg El Arab power plant.
GE and Long Ridge Energy Terminal, a subsidiary unit of Fortress Transportation and Infrastructure Investors, have announced a successful first step to transition Long Ridge’s power plant toward carbon-free hydrogen.