The Moroccan government has announced tenders for a pair of concentrated solar power plants with a generation capacity of 200 MW and 100 MW, respectively to be built near the south-Moroccan city of Ouarzazate.
Thailand has hugely expanded its planned solar energy investments, pledging to secure 25 per cent of the country’s total energy demand from renewable sources.
The EU's main lending arm, the European Investment Bank (EIB), has said it will cease financing coal-fired power generation in order to help the EU reduce pollution and meet its climate targets.
Swedish home furniture giant Ikea Group is cooperating with the Chinese solar panel company Hanergy Holdings Group on a grid-connected solar power generation project for all the Ikea stores in China as well as Ikea’s selected suppliers.
Australian firm Origin Energy Ltd is to pay A$659 million for New South Wales’s state-owned generator Eraring Energy, as part of a A$3 billion power privatisation sell-off.
The International Energy Agency (IEA) has said that it expects power generation worldwide from hydro, wind, solar and other renewable sources will exceed gas and be twice that from nuclear by 2016.
US multinational General Electric (GE) and the Russian Direct Investment Fund (RDIF) are to sign a memorandum of understanding launching a joint venture to construct an array of miniature power plants for manufacturing companies across Russia.