ACWA Power and China’s Silk Road Fund have signed a share purchase agreement for the 1.5 GW Sirdarya CCGT facility in Uzbekistan.
China’s drought has caused it to increase coal consumption as lack of hydroelectric generation forces it to turn to coal to meet electricity demand.
Japan is considering building next generation nuclear reactors and restarting idled plants.
A persistent drought in China’s Sichuan province has caused provincial authorities to order power cuts to homes, businesses, and factories.
The Electricity Generating Public Company Limited (EGCO), Thailand’s first power generation IPP, has started commercial operation of the Nam Theun 1 hydropower plant in Laos.
Dang Hoang An, Vietnam’s Deputy Minister of Industry and Trade said: “Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid.”
Shell has concluded its $1.55 billion acquisition of Indian renewable energy developer Sprng Energy from investment firm Actis.
Tenaga Nasional Berhad (TNB) of Malasia announced that it aims to install over 14 GW of renewable energy capacity by 2050 and retire some of its coal-fired assets earlier than planned.
The Indian state-owned thermal energy giant NLC India (formerly Neyveli Lignite Corporation) has launched a tender for the construction of 500 MW of solar projects on a turnkey basis.
GreenZo Energy of India and Nepal’s API Power have signed an MOU to develop 50 MW green hydrogen plants in Nepal.