GE Vernova has announced that PetroVietnam Power Corporation’s (PV Power) 1.6 GW Nhon Trach 3&4 Power Plant in Ong Keo Industrial Park, about 70 km southeast of Ho Chi Minh City, Vietnam, has started commercial operation.
Malaysia boosted natural gas-fired power generation and sharply reduced use of coal-fired generation in December 2025, according to data from Malaysia’s Grid System Operator (GSO).
Vistra has announced definitive agreements for its subsidiary Vistra Operations Company to acquire Cogentrix Energy’s portfolio of 10 modern natural gas-fired power plants with a total combined capacity of around 5500 MW.
Abu Dhabi National Energy Company (TAQA) and Emirates Water and Electricity Company (EWEC) have achieved financial closure for the €850 million 1 W Al Dhafra gas-fired power plant.
Iraq’s Ministry of Electricity has announced that Iran has completely stopped supplies of gas to Iraq, resulting in the loss of around 4500 MW of capacity and forcing the Ministry to take emergency measures to stabilise the grid.
ACWA Power has completed its acquisition of Engie’s stakes in gas-fired power generation and water desalination assets in Bahrain, along with the related O&M companies. The total acquisition price for the assets, including those in Kuwait, is $693 million.
Iraqi Prime Minister Mohammed Shia al-Sudani has announced a 20-year plan to increase electricity capacity by 57 GW through agreements reached with Siemens and GE, as well as the increased use of renewable energy.
AGL Energy has committed A$185 million to buy four gas turbines from Siemens for its first power station in Western Australia.
Vistra has announced that it has completed the acquisition of seven gas-fired power plants totalling 2557 MW capacity from Lotus Infrastructure Partners in a $1.9 billion deal, subject to certain net working capital adjustments.
Iraq’s Ministry of Electricity has signed an agreement to construct the 3 GW Al-Faw CCGT power plant in Basra. The contract is between the Iraqi entities Southern Power Production General Company and Advanced Technology Systems Company, with the project to be carried out by GE.