The Spanish electric utility Iberdrola has said that it will replace its last two coal-fired power plants, with a combined capacity of 550MW, with wind and solar power.
The Egyptian investment management company Enara Capital has announced plans to set up a 40MW solar power park in Kenya.
Malaysia’s Ministry of Utilities is looking into incorporating large-scale solar energy into Sarawak’s power generation mix, with a projection of 4 per cent by 2030.
Although policy uncertainty is spreading across Latin America, strong regulatory frameworks are keeping the region’s utilities on the right track.
By Julyana Yokota, Senior Director and Sector Lead, Infrastructure and Utilities, Latin America, S&P Global Ratings.
The Solar River Project and GE Renewable Energy have announced that GE has been selected for the supply and integration of one of the largest grid-scale battery technology hybrid deployment to be installed for the Solar River Project in South Australia.
NTPC, India’s largest power company, has announced that it will not undertake any new coal-based generation for the next few years as part of measures to reduce its carbon footprint, and it will invest $3.5 billion to set up one of the world’s largest solar power parks at Kutch in Gujarat.
The European Investment Bank (EIB) has announced that it will provide €150 million credit to boost Brazil’s portfolio of renewable energy.
The Bangladesh Government has signed a $185 million financing agreement with the World Bank to add about 310 MW renewable energy generation capacity.
Gull Bay First Nation and the utility Ontario Power Generation (OPG) set a milestone for off-grid Canadian indigenous communities with the commissioning of a hybrid solar-plus-storage microgrid.
The Government of St Kitts and Nevis, the state-owned St Kitts Electric Company (SKELEC) and Leclanché, a leading energy storage company, have announced the largest solar generation plus energy storage project ever to be built in the Caribbean.