The International Energy Agency (IEA) has said in its World Energy Investment 2018 Report that investment in India’s renewable energy sector overtook those made in the country’s fossil fuel-based power generation projects for the first time in 2017.
It has been reported that Rosatom, the Russian state nuclear energy corporation, and officials from Uzbekistan have reached an agreement to build a two-reactor nuclear power plant in Uzbekistan.
Siemens and State Power Investment Corporation (SPIC) of China have signed an MoU to confirm their intention of technology collaboration in the field of heavy duty gas turbines.
GE Power has announced that it will provide advanced boiler and steam turbine technology to power Pakistan’s first ultra-supercritical power plant in Deh Ghangiaro, Bin Qasim, Karachi.
The Japanese Government has approved an energy plan setting ambitious targets for nuclear energy use and sustains a programme for spent-fuel recycling.
The Asian Development Bank (ADB) has announced that it will provide $500 million in loans for the construction of an 800 MW power plant in Khulna, Bangladesh.
Milestones at two Westinghouse AP1000 reactors under construction in China were passed last week. First criticality was achieved at Sanmen 1, and fuel loading began in Haiyang 1.
Japan’s SoftBank Group Corporation has announced that it will invest between $60-100 billion in solar power generation in India.
Tata Power Renewable Energy has announced that it has entered into a power purchase agreement (PPA) with GE to provide solar power solutions for six manufacturing and services sites in India.
Kansai Electric Power Company of Japan has announced that it will cut its electricity rates by an average of 5.36 per cent following the restart of units 3 and 4 of its Ohi nuclear power plant.