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India will require $215 billion to reach 500 GW renewable energy by 2030
- 2024-06-13 06:50:52
- David Flin
According to a report from Moody’s Ratings, “India will require $190-$215 billion of investment over the next seven years to achieve the target of 500 GW of renewable energy capacity by 2030.”
MHI and EGAT sign MOU to introduce hydrogen large gas turbine co-firing technology
- 2024-06-05 07:27:58
- David Flin
Mitsubishi Heavy Industries (MHI) and the Electricity Generating Authority of Thailand (EGAT) have signed an MOU to conduct research on the introduction of hydrogen co-firing technologies for gas turbine power generation facilities in Thailand.
South Korea to build three new nuclear reactors by 2038
- 2024-05-31 06:11:38
- David Flin
Officials say South Korea plans to build up to three new nuclear reactors by 2038 in line with efforts to cut CO2 emissions and meet growing electricity demand.
Meralco seeks bids for 500 MW renewable energy supply
- 2024-05-27 06:21:58
- David Flin
Manila Electric Co (Meralco) of the Philippines has started a competitive selection process for 500 MW of mid-merit renewable energy capacity.
J-Power may close 5 coal-fired power plants by 2030
- 2024-05-10 07:24:16
- David Flin
Japan’s Electric Power Development (J-Power) has said it may close up to five low-efficient coal-fired power units by the 2030 financial year ending March 2031 as part of its attempts to reduce CO2 emissions.
Pakistan’s Neelum-Jhelum hydropower plant shut down due to safety concerns
- 2024-05-03 07:33:38
- David Flin
The Water and Power Development Authority (Wapda) of Pakistan has announced that the 969 MW Neelum-Jhelum hydropower plant has been completely shut down for inspection.
ADB to provide $120 million financing for Bangladesh solar power generation
- 2024-05-01 07:04:44
- David Flin
The Asian Development Bank (ADB) has signed a $121.55 million financing package with Dynamic Sun Energy to build and operate a 100 MW grid-connected solar PV plant in Pabna, Bangladesh.
South Korea faces looming nuclear waste crisis
- 2024-04-26 07:03:25
- David Flin
South Korea is facing the issue of saturation of its capacity to store spent nuclear fuel by 2030.
Azerbaijan launches first renewables auction
- 2024-04-24 07:13:44
- David Flin
Azerbaijan’s Ministry of Energy, with the support of the European Bank for Reconstruction and Development (EBRD), has announced the country’s first renewable energy auction for a 100 MW solar power plant project in Gobustan.
Indian government orders gas-fired power plants to operate at full capacity
- 2024-04-15 07:12:55
- David Flin
The Indian government has issued directives for gas-fired power plants to operate at maximum capacity from May 1 to June 30, to meet escalating power demand expected from the anticipated heat wave.
