Central and south Taiwan has been hit by a severe drought following a year without typhoons. The water level in Central Taiwan’s Sun Moon lake and the nearby Wushe reservoir has fallen such that if it falls much more, local power generation will be threatened.
GE Renewable Energy has announced that it plans to open a new blade manufacturing facility in Teesside in northeast England.
Catherine Tanna, Managing Director of Energy Australia has announced that it will close the 1450 MW Yallourn power station in Victoria’s Latrobe Valley in mid-2028, four years ahead of schedule.
Bangladesh has announced that it plans to scrap nine new coal projects as the cost of imported coal rises and overseas investors cut financing for such projects.
SeAH Steel of South Korea has announced that it will issue $72 million in corporate bonds through the Financial Supervisory Service’s electronic disclosure system.
NRG has announced that it has sold 4850 MW of natural gas- and oil-fired power plant generation in California and Northeast USA for $760 million.
Korea Western Power (KOWEPO) has signed an agreement on March 3 with Thai Petrochemical Industry Polene Power (TPIPP) and Korea Gas Corp to jointly build a 1.7 GW gas power plant and LNG infrastructure in Songkhla Chana, a region in southern Thailand.
Rolls-Royce and Fermi Energia have signed a Memorandum of Understanding to study the potential for the deployment of SMR power stations in Estonia.
Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has started development of a 40 MW gas turbine fuelled by 100 per cent ammonia.
Petrobras of Brazil has officially pulled out of wind power generation after signing a $5.9 million deal with investment fund Fundo de Investimento em Participações Multiestratégia Pirineus (FIP Pirineus) to sell its 51 per cent stake in the Mangue Seco 2 plant.