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.
GE and EDF have signed an agreement regarding EDF’s acquisition of GE Steam Power’s nuclear activities.
The Asian Development Bank (ADB) has signed an agreement with Cambodia’s national electricity utility Électricité du Cambodge (EDC) for the development of 2 GW of solar capacity.
The German Government has approved a draft law to phase out coal-fired power plants in the western state of North Rhine-Westphalia by 2030 instead of a previous date of 2038.