Enel has announced that two power generation companies that it holds in Peru will be merged. This will create a larger entity valued at $2.31 billion.
A report by the climate and energy think tank Ember has said that wind and solar energy reached a record 12 per cent of global electricity generation in 2022, up from 10 per cent in 2021.
China Energy Engineering Group has proposed to construct a 1200 MW floating solar PV plant on Lake Kariba to help alleviate Zimbabwe’s electricity crisis.
Vibrant Energy, an Indian renewable energy developer, has won funding of $268 million from Power Finance Corporation.
India and Sri Lanka have agreed to jointly build a 135 MW solar power plant in Sri Lanka’s eastern port of Trincomalee.
According to the US Energy Information Administration (EIA), electricity generated in 2022 from renewables exceeded that from coal for the first time.
Entergy has filed a request with the Louisiana Public Service Commission in the USA for approval to add an additional 3 GW of solar power to its generation portfolio.
Masdar of Abu Dhabi has signed an agreement with the Ministry of Mines, Petroleum, and Energy for the Republic of Côte d’Ivoire for the development of a 70 MW solar plant.
CBS, the national statistics agency for the Netherlands, said that over 2022, around 40 per cent of electricity generated in the country came from renewable sources, up from 33 per cent in 2021.
According to a review of data released by the US Energy Information Administration, renewable energy sources across the USA provided almost 23 per cent of the country’s electricity generation in 2022.