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ADB to provide $231 million loan to enhance power generating capacity in Assam

  • 3 years ago (2021-01-01)
  • David Flin

The Asian Development Bank (ADB) will provide a $231 million loan to build a 120 MW hydropower plant in Assam.

Acwa Power signs $300 million Azerbaijan power project agreement

  • 3 years ago (2020-12-31)
  • David Flin

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 to increase LNG-based power capacity by 43 per cent by 2034

  • 3 years ago (2020-12-30)
  • David Flin

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.

Britain sets new record for daily wind power generation

  • 3 years ago (2020-12-29)
  • David Flin

Over half Britain’s daily electricity came from wind power on 28 December for the first time on record.

Rosatom to build SMR project

  • 3 years ago (2020-12-28)
  • David Flin

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 orders two Mitsubishi Power JAC gas turbines

  • 3 years ago (2020-12-24)
  • David Flin

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 45 GW offshore wind by 2040

  • 3 years ago (2020-12-23)
  • David Flin

Japan plans to install 30-45 GW of offshore wind power by 2040 as part of plans to achieve carbon neutrality by 2040.

US Department of Energy releases energy storage grand challenge roadmap

  • 3 years ago (2020-12-22)
  • David Flin

The US Department of Energy (DOE) has released the Energy Storage Grand Challenge Roadmap, its first comprehensive energy storage strategy.

Energy China plans $3.6 billion investment in integrated energy project in Inner Mongolia

  • 3 years ago (2020-12-21)
  • David Flin

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.

IEA releases report into electricity market in 2021

  • 3 years ago (2020-12-18)
  • David Flin

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.