The Asian Development Bank (ADB) will provide a $231 million loan to build a 120 MW hydropower plant in Assam.
Acwa Power of Saudi Arabia has signed final agreements for the $300 million, 240 MW wind power projects for an IPP which will be located in the Absheron and Khizi regions of Azerbaijan.
South Korea’s Energy Ministry has announced that the country will increase the capacity of LNG-based power plants from 41.3 GW in 2020 to 59.1 GW in 2034, a rise of 43 per cent.
Over half Britain’s daily electricity came from wind power on 28 December for the first time on record.
Rosatom, Russia’s state-owned nuclear power company, has signed an agreement to construct a small modular nuclear reactor (SMR) in the Russian republic of Sakha.
Capital Power has ordered two Mitsubishi Power M501JAC gas turbines to repower its Genesee Units 1 and 2 in Alberta, Canada, from coal to natural gas.
Japan plans to install 30-45 GW of offshore wind power by 2040 as part of plans to achieve carbon neutrality by 2040.
The US Department of Energy (DOE) has released the Energy Storage Grand Challenge Roadmap, its first comprehensive energy storage strategy.
China Energy Engineering Group (Energy China) has signed a framework agreement with Erdos city government in Inner Mongolia to set up and integrated energy base involving an investment of $3.63 billion.
The International Energy Agency (IEA) has released its Electricity Market Report, which states that the COVID-19 crisis will reduce global electricity demand in 2020 by 2 per cent.