The Asian Development Bank (ADB) has approved a $300 million loan to help PT Geo Dipa Energi (GDE), an Indonesian state-owned company, expand it geothermal power generation capacity by 110MW in Java, the country’s largest electricity grid.
Rolls-Royce and Lab1886, an innovation lab within the Mercedes-Benz group, have agreed to jointly develop the use of vehicle fuel cells for stationary power generation.
Despite the large levels of investment in blockchain, the question remains: when will we see scalable, commercial blockchain solutions that can drive real value in the utility industry?
By Robert Schwarz, Principal Consultant, ÅF Pöyry
Climate-conscious companies across the globe and across industries are starting to invest more in shared value strategies for business growth. The electricity landscape is a prime example of this. As it undergoes a transformation, becoming more complex than ever before with rapidly evolving technologies, declining costs, and shifting regulatory landscapes, the electricity grid’s shared infrastructure provides the underserved with access to affordable services.
By Marga Hoek
MAN Energy Solutions has announced that it will provide the generation technology for two power plants in Bangladesh.
The Turkish Association of Geothermal Investors (JESDER) has said that it expects there to be a geothermal-based power generation capacity of 2000 MW by 2020, up from its current level of 1347 MW.