July Moyo, Zimbabwe’s Energy and Power Development Minister, said that the country needs up to €8 billion in energy investments to double its current power generation capacity and meet rising electricity demand.
Syria has signed an MOU with a consortium led by Qatar’s UCC Holding to develop major power generation projects with an investment of €6.2 billion.
Coal India Limited (CIL) has announced plans to invest €2.7 billion to build up to 4.5 GW of renewable energy generation capacity. It signed an MOU with the ammonia producer AM Green to increase India’s hydrogen and ammonia production.
Sun-Ways, a Swiss start-up, is testing a system of installation of solar panels between railway tracks, and has placed 100 m of solar panels on tracks in Buttes, a small village in canton Neuchâtel in western Switzerland.
The Azerbaijan Ministry of Energy has signed several contracts with Chinese companies for the development of renewable energy and battery energy storage projects totalling 2.4 GW capacity.
The Nigerian government has unveiled a plan to construct modular solar power plants with a total combined capacity of 1900 MW across its 19 northern states to promote renewable power and reduce pressure on the national grid.
The Vietnam government has announced its intention to increase installed capacity, which stood at 80 GW in 2023, to between 183 GW and 236 GW by 2030. It will focus on developing renewable energy and re-introduce nuclear power under the country’s amended national power plan, which outlines an investment of $136.3 billion.
The Republic of Congo’s Ministry of Energy has announced that the country plans to double its power generation capacity to over 1.5 GW by 2030, largely through the development of renewable energy projects.
Siemens Financial Services has signed a financing deal with the UK firm GeoPura to support the hydrogen specialist in its next phase of growth.
The Indonesian Ministry of Public Works has announced that it will develop two floating solar power plants at dammed reservoirs, due to be operational in 2027.