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Jindal Power offers $1.68 for bankrupt Indian coal-fired power plant
- 2024-02-07 06:16:47.150368
- David Flin
Jindal Power, a unit of India’s Jindal Steel and Power, has submitted a $1.69 billion bid for the KSK Mahanadi coal-fired power plant currently in insolvency proceedings.
India to increase coal-fired capacity by 14 GW in 2024
- 2024-02-02 06:21:45.056128
- David Flin
India will start operating new coal-fired power plants with a combined capacity of 13.9 GW in 2024, according to India’s Power Ministry.
Global coal-fired power generation hits new high in 2023
- 2024-01-19 07:17:36.166499
- David Flin
Global electricity generation from coal hit a record high in 2023 as coal’s use in power systems continues to grow despite efforts to cut back on its use.
India plans to expand its coal power fleet to meet demand
- 2023-12-25 07:43:42.132681
- David Flin
Raj Kumar Singh, India’s Power Minister, announced that due to an unexpected rise in demand, India plans to further expand its coal-fired power fleet.
COP28: More loopholes than a butterfly net
- 2023-12-14 07:33:44
- David Flin
The agreement reached at COP28 was, in some ways, a milestone, in that for the first time for nearly 30 years, specific mention of fossil fuels has been made.
Stand-off continuing at COP28 over phase-out of fossil fuel use
- 2023-12-13 07:14:52
- David Flin
The COP28 talks have been the first to directly mention fossil fuel usage in a global climate agreement. However, countries have been wrangling over the text of this agreement.
US wind power generation on course to surpass coal
- 2023-12-06 06:45:45.588890
- David Flin
US electricity generation from wind power is on course to surpass coal-fired electricity generation, potentially by 2026, as wind supply growth expands at a record pace just as coal-fired generation is cut across the country.
India wants private money for new coal-fired power plants
- 2023-11-22 06:02:13.673022
- David Flin
India has asked private firms to ramp up investments in new coal-fired power plants to meet a dramatic rise in electricity demand, with a target of nearly 30 GW by 2030.
World Bank approves $1 billion loan to help South Africa tackle power crisis
- 2023-10-26 07:14:35.182864
- David Flin
The World Bank has announced that its board has approved a $1 billion loan to help South Africa reform its energy sector, as the country tries to overcome regular power cuts that have curbed economic growth.
Half of World economies have passed peak fossil-fuel power generation
- 2023-10-20 06:06:01.796162
- David Flin
Research by the energy think tank Ember indicates that around half of the world’s economies have already passed their peak in power generation from fossil fuels.
