GE and UK Export Finance (UKEF), UK’s export credit agency, have announced that agreement has been reached to finance Kalyon Enerji’s 1.35 GW Karapinar solar project located in Konya Karapinar province in Turkey.
RWE has announced that it will double its renewable energy generation capacity to 50 GW by 2030; it said that it would invest €50 billion to achieve this expansion.
£195 million of private sector funding has been raised to develop the Rolls-Royce SMR by Exelon Generation and the Rolls-Royce parent group BNF Resources UK.
The Spanish Ministry for Ecological Transition and the Demographic Challenge has launched a tender process to offer grid access for 1202 MW of renewable energy projects in the region affected by the closure of a coal-fired power plant in Aragon.
GlobalData has released a report which states that the Netherlands is on course to phase out the use of coal for power generation by 2030.
The market analysts GlobalData has reported that, based on Spain’s National and Energy Climate Plan, the country is on course to phase out nuclear, coal-fired, and oil-fired power generation plants by 2035.
The UK government is due to announce plans to fund a new nuclear plant as part of its Net Zero strategy.
Boris Johnson, the UK Prime Minister, has confirmed plans to eliminate fossil fuels from UK electricity generation by 2035, as part of Britain’s target to become a net zero emission economy by 2050.
Steag, the German power plant operator, was forced to close its Bergkamen A plant due to shortages of hard coal.
The British Government is in talks with Westinghouse on building the new Wylfa nuclear power plant on Anglesey in Wales.