According to results from Global Energy Monitor (GEM), the world’s fleet of coal-fired power stations has got smaller for the first time on record, with more capacity retired in the first 6 months of 2020 than the amount opened.
The Competition Commission of India (CCI) has given approval to Adani Power’s proposed purchase of a 49 per cent stake in Odisha Power Generation Corporation (OPGC) for $135 million.
Renewable sources have overtaken coal, oil, and gas in EU electricity generation, according to analysis from Ember, a climate think-tank.
Japan has said that it will tighten its rules on investment in foreign coal-fired power stations on environmental grounds, but it stopped short of completely ending government funding for such projects.
CDC Group, the UK’s development finance institution, has unveiled a plan to achieve net zero emissions across its portfolio by 2050 in support of the Paris Agreement on climate change.
On June 30, Spain shut down eight of its 15 coal-fired power stations saying that they were unprofitable and to comply with European regulations on industrial emissions.
Korea Electric Power Corporation (KEPCO) has announced that it will continue to develop a thermal power project worth $3.2 billion in Indonesia.
Adani Power Limited (APL) has announced that it has signed a definitive agreement to acquire a 49 per cent stake in Odisha Power Generation Corporation (OPGC) from the affiliates of AES, the US-based global energy company.
Kawasaki Heavy Industries of Japan has signed an agreement with Japan Coal Energy Centre and the state of Wyoming in the US to develop a carbon capture test project to be conducted at the Wyoming Integrated Test Center at Dry Fork Station power plant.
The Government of Laos has approved a plan by Evolution Power Investment Corporation (EPIC) of Singapore to develop of 1000MW coal-fired power plant in the southern province of Sekong.