The Guodian Power Shanghaimiao Corporation, part of the state-owned China Energy Investment Corporation, has announced that the first of four 1 GW coal-fired units at Shanghaimiao in the northwest region of Inner Mongolia has entered operation.
Mohammad Eslami, Director of Iran’s Atomic Energy Organisation, has said that Iran hopes to replace Russian fuel for its Bushehr nuclear power plant with domestic uranium.
Babcock International has finalised the £50 million sale of its power business to M Group Services.
Hyundai Engineering has signed an MOU with Macquarie Green Investment Group (GIG) to cooperate in developing renewable energy power generation projects.
Ørsted’s Hornsea 2, located 89 km off the east coast of the UK, has achieved first power after its offshore substation (OSS), the world’s largest offshore AC substation, and reactive compensation station (RCS) were installed in October.
US Government officials have approved two large-scale solar power projects in California and have moved to make public land in other Western states available to potential solar power development.
Qatar Investment Authority (QIA) has confirmed that it will take a 10 per cent stake in the Rolls-Royce small nuclear reactor arm, with an investment of £85 million.
The World Bank has approved two loans worth $300 million for the Geothermal Development Project in Turkey. The loans are additional financing to two initial loans worth $250 million.
A report from the International Energy Agency (IEA) has indicated that coal-fired power generation is on track to reach an all-time high in 2022, with a surge of 9 per cent following increased demand after the Covid lockdowns.
GE Hitachi Nuclear Energy (GEH), BWXT Canada, and Synthos Green Energy (SGE) have announced their intention to cooperate in deploying BWRX-300 SMRs in Poland.