Vibrant Energy, an Indian renewable energy developer, has won funding of $268 million from Power Finance Corporation.
India’s Central Electricity Authority has announced an update for its National Electricity Plan (NEP) that cites a need for a large expansion of new coal-fired power generation capacity.
The Indian Government has announced that it will issue tenders for the installation of 250 GW of new renewable power generation capacity by March 2028.
India and Sri Lanka have agreed to jointly build a 135 MW solar power plant in Sri Lanka’s eastern port of Trincomalee.
INNIO has announced that Wuhan Environmental Investment and Development Co. (WEID) has commissioned six additional INNIO Jenbacher J320 engines for the Wuhan Jiangxia Changshankou Municipal Solid Waste landfill gas project.
Japan’s Jera has announced that it intends to acquire the Belgian offshore wind power generation firm Parkwind for €1.55 billion.
A report from the Centre for Research on Energy and Clean Air (CREA) and the Global Energy Monitor (GEM) states that coal-fired power plant permitting, construction starts, and new project announcements have accelerated dramatically in China in 2022, with new permits reaching the highest level since 2015.
Indonesia has launched the first phase of mandatory carbon trading for coal-fired power plants, part of the country’s plan to achieve net zero emissions by 2060.
BP has formed a joint venture with Norway’s Deep Wind Offshore, taking a 55 per cent stake in four offshore wind projects in South Korea.
The Pakistan Government has announced that it plans to quadruple its domestic coal-fired capacity to reduce power generation costs and that it will not build new gas-fired plants in the coming years to transition away from coal.