Indonesia has signed a deal with the G7 group of industrialised countries on a $20 billion financing package to help it speed up its transition from fossil fuels to renewable energy.
The Powering Past Coal Alliance (PPCA) has reported that countries within the Organisation for Economic Cooperation and Development (OECD) are on track to close over 75 per cent of coal-fired electricity generation by 2030.
The German Government has approved a draft law to phase out coal-fired power plants in the western state of North Rhine-Westphalia by 2030 instead of a previous date of 2038.
Carbon capture has started at the 500 MW unit 13 of NTPC’s 4.8 GW Vindhyachal Super Thermal Power Station in Madhya Pradesh, India.
Stanwell Corporation, the coal giant in Queensland, Australia, has announced plans to build a 500 MW wind farm.
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.
Hawaii closes its only coal-fired power plant on 1 September, a step towards transitioning the US state entirely to renewable energy by 2045.
Germany is restarting a second coal-fired reserve power plant as the country tries to conserve gas supplies for the coming winter.
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.
Eskom of South Africa said that its energy transition plan may require $71 billion of investment, with the bulk of the money, up to $60 billion, coming from private investors.