The European Bank for Reconstruction and Development (EBRD) has approved a loan of $240 million to JSC Uzbekenergo for the addition of extra generation capacity at the Talimarjan power plant in south Uzbekistan.
Drax Power Station in Yorkshire, UK, has completed the £702 million buyout of low-carbon and renewable assets from Iberdrola of Spain.
Data from the Energy Information Administration (EIA) of the USA showed that coal-fired power generation totalled 87.98 GWh in October, down 9.6 per cent from September, and down 2.6 per cent from October 2017.
An agreement for the financing, design, construction, operation, and maintenance of the Atinkou power plant near Abidjan, Côte d’Ivoire, has been signed by the Government of Côte d’Ivoire and the Eranove Group.
Abu Dhabi’s Mubadala Investment Company and Dubal Holding have announced plans to set up a joint venture to develop a power and water desalination plant in Dubai.
Siemens and the marine arm of ST Engineering in Singapore have received an order for a SCC-800 2x1C SeaFloat barge-mounted power plant from Seaboard Corporation subsidiary Transcontinental Capital Corporation (Bermuda), an IPP with operation in Dominican Republic.
The UK Committee on Climate Change (CCC) said that hydrogen could cost-effectively replace natural gas for power generation, reducing emissions, but warned that it was best used selectively.
GE has announced that it intends to reorganise GE Power into two businesses, GE Gas Power, comprised of Gas Power Systems and Power Services, and GE Power Portfolio, comprised of the Steam, Grid Solutions, Nuclear, and Power Conversion businesses.
The Asian Development Bank (ADB) has signed a $227.7 million loan deal with Gulf SRC Company to build a 2500 MW combined cycle power plant in Thailand Chonburi Province.
Shanghai Electric Gas Turbine Company and Ansaldo Energia have signed a contract worth about €60 million for the supply of the first Ansaldo Energia H-class GT36 gas turbine for the Minhang combined cycle power plant in China.