Türkiye has announced plans to invest approximately $108 billion in power generation and transmission infrastructure by 2035. Alparslan Bayraktart, Türkiye’s Energy and Natural Resources Minister, said that the country was aiming to achieve 120 GW of installed wind and solar capacity by 2035.
India’s Ministry of Power has approved an urgent request from Nepal to increase electricity exports to Nepal amid severe disruption caused by the floods.
GE Vernova and LS Electric have announced they have signed an agreement to establish a joint venture based on Voltage-Sourced Converter High-Voltage Direct Current (VSC-HVDC) to modernise South Korea’s power grid.
ePointZero, a subsidiary of the 2PointZero Group from the UAE, will acquire a 90 per cent stake in Azura Power, an IPP operating in Africa. Completion of the deal is subject to regulatory approval.
The General Electricity Company of Libya (GECOL) said that Tripoli and several cities in western Libya suffered a blackout in the early hours of 31 August following a sudden and severe disturbance affecting the western section of the power grid.
GE Vernova has been chosen by Laing O'Rourke to deliver a new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, part of National Grid's Brinsworth to Chesterfield and Chesterfield to High Marnham projects.
Hitachi Energy has announced a $300 million investment in China to strengthen its global manufacturing footprint and address rapidly growing demand for transformers.
India’s Bharat Heavy Electricals Limited (BHEL) has successfully developed a 1200 kV ultra-high voltage transformer that will significantly enhance the country’s electricity distribution capabilities.
Michalis Damianos, the Energy, Commerce, and Industry Minister of Cyprus, said that Cyprus will have several hundred megawatts of electricity storage capacity connected to the grid by the end of 2027.
Denys Shmyhal, Ukraine’s Energy Minister, has announced that the country is launching the next stage of a competition to build over 1.5 GW of new flexible power generation capacity. He said that the Ukraine government is now seeking comments and proposals from potential investors on the prepared tender documentation.