Vietnam plans to invest $10-11.5 billion a year between 2021 and 2030 on electricity generation and transmission, according to the latest draft Power Development Master Plan VIII.
It has been announced that Iranian manufacturers will invest nearly $7 billion over the next three years to build new power plants to respond to the country’s growing demand for electricity.
Hitachi ABB Power will lead a consortium that has been awarded a major contract from the Saudi Electricity Company and the Egyptian Electricity Transmission Company for the first ever large-scale HVDC interconnection in the Middle East and North Africa.
Ecuador’s government has announced that it will grant concessions for private companies to build and operate power generation plants and a new transmission system for the oil sector.
As renewable energy sources play an increasing role in delivering our power needs, strict grid compliance and demand - supply issues have become a greater challenge, we look at the critical role of virtualization in addressing this. How can digital twins and virtual power plants be harnessed to help optimize multiple energy sources, maintain grid stability, and minimise energy wastage?
By Bernhard Loher, ABB Energy Industries.
Joao Baptista Borges, Angola’s Minister of Energy and Water, has announced that the country will invest $600 million in 2022 to increase electricity capacity in the southern region.
Ireland’s national grid operator Eirgrid has announced that it will seek bids from electricity suppliers to build new power plants in the country.
The Electricity Generating Authority of Thailand (Egat) has said that it plans to import an additional 1200 MW from hydroelectric plants in Laos under a long-term power purchase contract.
GE Renewable Energy’s Grid Solutions business has been awarded multiple orders to supply 765 kV transformers and reactors in India.
Japan’s Ministry of Economy, Trade, and Industry (METI) has proposed a plan to boost Japan’s inter-regional power grid capacity as part of efforts to expand offshore wind power generation in line with the government goal of achieving carbon neutrality by 2050.