Standard Bank has announced that it will not provide funding for two new independent coal-fired power stations in South Africa.
Overseas Chinese Banking Corporation (OCBC), the second largest lender in Southeast Asia, has said that the two Vietnamese coal-fired power plants will be the last such plants it finances as it increases funding for renewable projects.
The first Thar coal power generation plant is to be inaugurated later today, with the formal inauguration being carried out by Bilawal Bhutto-Zardari, Chairman of the Pakistan People’s Party.
French Ecology Minister Francois de Rugy said that the French power grid operator RTE is soon to publish a report that will layout a roadmap for shutting down France’s four remaining coal-fired power plants by 2022.
SSE has announced that it is closing one of its four units at the Fiddler’s Ferry coal-fired power station in Cheshire, UK.
Vietnam’s power industry is forecast to see a rise in coal-powered generation as a cheap way of meeting the country’s rapidly rising power demands.
The climate research firm Carbon Brief has reported that CO2 emissions in the UK fell for the sixth consecutive year in 2018.
Arcelor Mittal, the world’s biggest steelmaker, has bid $673 million to acquire Essar’s 1200 MW coal-fired Essar Mahan power plant in Madhya Pradesh, India.
One of the biggest funders of energy projects in Australia said that coal-fired power generation projects were unlikely to be developed unless there was taxpayer funding involved, as investment continues to flow to renewables.
Mitsubishi Hitachi Power Systems (MHPS) has announced that it has started construction of one of the world’s largest flue gas desulphurisation (FGD) systems for the Nikola Tesla A coal-fired power plant in Serbia.