Türkiye has announced plans to invest approximately $108 billion in power generation and transmission infrastructure by 2035. Alparslan Bayraktart, Türkiye’s Energy and Natural Resources Minister, said that the country was aiming to achieve 120 GW of installed wind and solar capacity by 2035.
Iberdrola has awarded contracts worth a total combined value of €30 million to Ingeteam and Ormazabal for battery energy storage systems (BESS) and new mobile infrastructure to strengthen operation of the electricity grid.
Mico Group has successfully completed its acquisition of NEM Energy, the world’s leading HRSG maker, through its subsidiary Hyundai Heavy Industries Power Systems (HPS).
Zimbabwe has announced that it intends to add up to 4600 MW of power capacity by 2030 in an attempt to address chronic electricity shortages across the country, meet rising demand, and strengthen energy security.
Hyosung Heavy Industries has won a contract to supply the core equipment for a Foz do Areia hydropower plant located in the state of Parana, Brazil.
India’s Bharat Heavy Electricals Limited (BHEL) has successfully developed a 1200 kV ultra-high voltage transformer that will significantly enhance the country’s electricity distribution capabilities.
Denys Shmyhal, Ukraine’s Energy Minister, has announced that the country is launching the next stage of a competition to build over 1.5 GW of new flexible power generation capacity. He said that the Ukraine government is now seeking comments and proposals from potential investors on the prepared tender documentation.
Tanzania suffered a major power outage across large areas of the country on 27 June due to a technical failure in its national electricity grid.
Tanzania, Kenya, and Uganda are developing an ambitious regional electricity integration project intended to enhance power-sharing infrastructure and collaborative energy management.
Consumers are bearing the cost of an energy network that hasn't kept pace with the demands placed on it. Emma Ford, CEO of Eclipse Power, explains why consumers are paying the price for a lack of competition in energy transmission.